Brokers News

Traders vote FXCM Number One Forex Education Provider

Jul 03 2012
By Forexbrokerz.com

Investment Trends April 2012 Germany CFD & FX Report names FXCM the number one FX Education Provider, CFD Broker for Overall Client Satisfaction, and best Charting Package and Range of Research Tools for both CFD and FX traders.

BERLIN--(BUSINESS WIRE)--Jul. 3, 2012-- FXCM Deutschland, (www.fxcm.de) has been recognized as the number one Forex and CFD broker in Germany in multiple categories by market research report Investment Trends April 2012 Germany CFD & FX Report. The awards were given, amongst others, for the extensive range of research tools, and the charting packages offered by FXCM Deutschland.

FXCM also came top for overall Client Satisfaction among CFD traders, as well as, the number one provider of Education Materials in the retail Forex market. “We are very proud to have been officially recognized as number one in multiple award categories within trading education, and charting provider in Germany,” comments Torsten Gellert, Managing Director of FXCM Deutschland, on the results. “We would like to take this opportunity to thank all our clients for the trust they have placed in us. This success is also a reflection of the efforts of the FXCM team to provide a unique trading experience.”

The results are drawn from a survey of 12,379 retails traders and investors in Germany undertaken in March and April 2012, which includes 5,139 CFD traders and 4,518 Forex traders. The Report found a rapid growth of the number of active traders with about 43,000 people who trade CFDs over the last 12 months while 29,000 who trade FX, up 34 % and 32% respectively versus the last study a year before.

Furthermore, with the potential of strong growth with 23,000 planning to start trading CFDs and an additional 11,000 to trade FX over the next 12 months* FXCM is committed to provide continued intense training program to new and advance traders. Moreover with the recent launch of DailyFX.de, the free news and research website of FXCM Deutschland, traders can find the latest market updates, reports focusing on political and economic factors that influence the markets as well as technical analysis on currencies, commodities and indices. Additionally, traders have free access to live webinars hosted and training videos by DailyFX analyst Jens Klatt and his team.

FXCM CFD and FX Awards from Investment Trends April 2012 Germany CFD & FX Report

Ranked number one in Education Materials for FX

Number one provider in the Range of Research Tools for FX and CFD

Best Charting provider for FX and CFD

Top rankings in Overall Client Satisfaction for CFD

For more information on FXCM Deutschland, please visit www.fxcm.de and www.dailyfx.de.

About FXCM Inc

FXCM Inc. (NYSE: FXCM) is a global online provider of Forex trading and related services to individual and institutional customers worldwide. Forex Capital Markets Limited (FXCM UK) is a subsidiary of FXCM Inc, FXCM UK is authorised and regulated in the UK by the Financial Services Authority. Registration number 217689. FXCM UK has a branch office in Berlin (FXCM Germany), which is regulated by the German Federal Financial Supervisory Authority (BaFin). Registration number 122 556.

The focus of the offer by FXCM is the No Dealing Desk Execution Order in Forex Trading. Customers benefit from FXCM’s extensive network of Forex liquidity providers, which enables FXCM to offer them for the major currency pairs at competitive spreads. Benefits for customers include the ability for mobile trading, the one-click execution, and the actions or directly from the chart. FXCM United Kingdom and Germany also offer their customers CFD products without re-quotes** and allow, oil, gold, silver and stock indexes to trade with Forex on one platform. In addition, FXCM is committed to continuing its customers in Forex Trading provide free access to news and market research on DailyFX.com.

Risk Warning

Trading in foreign exchange and CFDs is associated with high risk and is therefore not suitable for all investors. Before you consider the services and products offered by FXCM for Forex trading into consideration, you should carefully consider your investment objectives, financial circumstances, needs, your level of experience and your expertise into consideration.

The contents of this press release should not be construed as personal investment advice. By trading and speculation in foreign exchange you could suffer a partial or complete loss of your deposited cash deposit and therefore should not speculate with capital that its loss cannot afford. Be aware of all risks associated with foreign exchange trading. FXCM recommends consultation with an independent financial adviser.

* Up from 11,000 to trade CFDs and 7,000 to trade FX respectively from 2011 (remembering that not all will necessarily act on their intentions).

**Re-quotes occur when a trader makes an order at a specific price, but the order is rejected by a trading desk, and the trader is given a new price to accept or reject. Re-quotes can slow down your trading. FXCM cannot re-quote forex orders because those orders operate on straight through processing. FXCM also maintains a no re-quote policy for indices, metals, and oil, although those orders do not operate on straight through processing. Orders are executed at the best price available within the trader's parameters, subject to market liquidity at the time.

Source: FXCM Inc.

TAGS: fxcm forex education fxcm de forex charting forex research

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