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FXCM Bullion Accounts Bring 5% Annual Interest

FXCM Bullion, the Hong Kong-based business of leading US Forex broker FXCM Inc, now offers traders to get some extra cash from trading Gold/Silver Bullion over the counter. The company enables clients with FXCM Bullion accounts to earn 5% interest (annual percentage rate) on non-invested funds. And that's really great, as you can actually get as much as USD 208 (or about HKD 1,666) from interest per month. Given that the broker does not impose any limits on withdrawals, you are set for a nice boost to your wallet thanks to the offer.

 
Here is a table that illustrates the gains from interest that one can get via the program:
 
 
To make use of the offer and get that cash, you need to have a live FXCM Bullion account which you can open with a minimum deposit of USD 500 or HKD 5,000. You can, of course, test the capabilities of FXCM Bullion with a demo account but then you'll be restricted to the world of demo money.
 
As the name of the firm suggests – FXCM Bullion allows you to trade Gold and Silver using some exquisite conditions, which include small lot sizes and lack of requotes. The margins per lot stand at approximately USD 4 for OTC Gold Bullion and at roughly USD 7.5 for OTC silver. Moreover, the leverage is up to 1:200, which gives you substantial trading power. And if that's not enough, let's also mention that there is a hedging capability. 
 
FXCM Bullion enables you to trade on Metatrader 4, the super popular platform, as well as on Trading Station – the proprietary platform of FXCM.  
 
The broker gives you the opportunity to shape the trading conditions yourself and that's no wonder in Hong Kong. The island has been labeled as the top location in the world in terms of economic freedom for the 1995-2012 period by the Heritage Foundation. 
 
You can read more about the service here.
 
 

About FXCM Inc. 

 
FXCM Inc. (NYSE:FXCM) is a global online provider of foreign exchange, or FX, trading and related services to retail and institutional customers world-wide. At the heart of FXCM's client offering is No Dealing Desk FX trading. Clients benefit from FXCM's large network of forex liquidity providers enabling FXCM to offer competitive spreads on major currency pairs. Clients have the advantage of mobile trading, one-click order execution and trading from real-time charts. FXCM's U.K. subsidiary, Forex Capital Markets Limited, offers Contract for Difference ("CFD") products with no re-quote trading and allows clients to trade oil, gold, silver and stock indices along with FX on one platform. In addition, FXCM offers educational courses on FX trading and provides free news and market research through DailyFX.com.
TAGS: fxcm  fxcm forex broker  fxcm bullion  fxcm bullion accounts  gold  silver  bullion  forex trading  otc  over the counter  forex trading  leverage  annual interest  apr  interest 

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