FXCM
Cashmechanics.com operates as an Introducing Broker (IB) for FXCM (Forex Capital Markets). Cashmechanics.com has relationships established with FXCM, LLC for U.S accounts, FXCM, Ltd. for non-U.S. accounts and FXCM Australia for Australia and New Zealand accounts.
FXCM has received numerous awards from the investment community, including Best Currency Broker from Shares, Best Retail Foreign Exchange Platform from FX Week and Best Foreign Exchange Specialist from Technical Analysis of Stocks & Commodities. In addition to currency trading, FXCM offers educational courses on forex trading, and provides research through DailyFX.com.
FXCM offers many advantages. FXCM's No Dealing Desk aims to provide transparent and fair execution. Every trade is executed back to back with several of the world's liquidity providers*, which compete to provide FXCM with bid and ask prices.
LOWER SPREADS
- Competitive spreads for major currency pairs
- Trade on rates provided to FXCM by multiple liquidity providers
- FXCM's high monthly volume drives price competition
- Fractional pip pricing facilitates the tightening of spreads even further
NO DEALING DESK EXECUTION
- No conflict of interest between broker and trader
- No dealer intervention in trades
- Price providers do not see your stops, limits, and entry orders
- Competition reduces the potential for market manipulation by price providers
NO TRADING RESTRICTIONS
- Trade during breaking news
- Place entry orders anywhere—even inside the spread
- Scalp the market
- Rollover transparency—all amounts are displayed in advance
- Receive positive rolls at all margin levels
*FXCM's liquidity providers include global banks, financial institutions, prime brokers and other market makers.