Customers trading through our Core infrastructure, either in NY7 or TY3, benefit from unrivaled stability and performance optimization. This technology suite supports over 130,000 traders globally, with over 500,000 trades done daily as well as over $13B in daily volumes.
Among the benefits to professional users and brokers accessing FXCM’s Core trading venue are:
NDD Execution Advantage
FXCM’s FX execution model is agency based, and truly anonymous. Tier one bank and low latency non bank providers comprise FXCM’s matching engine which attracts among the worlds most optimized pricing and fill ratios. These providers see trades only in the name of “FXCM” with no unique identifiers being used. All resting orders reside at FXCM’s servers and are sent for execution only when the true market crosses requested order prices.
FXCM’s execution advantage is particularly attractive around news performance. On average, FXCM executes 10,000 orders within the first minute of Non Farm Payrolls (NFP).
Small Ticket Advantage
Utilizing FXCM’s Core technology, FXCM provides all currency pairs on offer at 1K ticket sizes with no additional fees. View our full list of currency pairs.
Multi Asset Clearing
Access CFDs, including energies, metals, and indices, as well as FX by writing to one API. Trade and settle all PnL across asset classes via one trading account.
FXCM Pro ECN, Institutional API Service
FXCM’s Institutional API access offers professional and institutional users the ability to tailor pricing on a per instrument, per account basis. Based on customer mandate, FXCM’s liquidity management team can source the most efficient liquidity providers and partnering venues to match your needs, be it single tickets on large orders, stickier pricing intraday on metals, and much more.
Users of our institutional API service benefit from:
Tailor Pricing per Instrument
Leverage FXCM’s liquidity relationships, which have been built over one and half a decades, with over 4 trillion in retail volumes done per year.
Mix and Match FXCM Core and FXCM Pro ECN
Utilize the many advantages of FXCM Core while customizing your needs for specific customer groups or singular instruments using FXCM Pro ECN.
Access FXCM’s Liquidity Management Team
Allow FXCM’s liquidity management team to use your trade data to source and match the best possible pricing versus fill ratios for your needs.
Cross Collateralize all FXCM Accounts
Via several trading accounts, FXCM offers the ability to cross collateralize PnL for cash optimization.
To access FXCM’s FIX specs for FXCM Pro ECN, please email email@example.com