Active FX Traders | Why Choose TurkishFX?
Superior Execution
FXCM guarantees FIXED spreads in normal market conditions
regardless of trade size.
Other brokers claim to offer 3 pip spreads yet widen the spreads up to 10
pips (and more). This frequently occurs during fast moving markets, or thinly
traded markets such as the Asian trading session. Even worse is the fact that
most brokers only honor their prices when the trader is wrong, and almost never
when prices are moving in his/her favor.
At FXCM you receive NO SLIPPAGE on stops and limits
REGARDLESS of trade size under normal market conditions.
Other brokers claim to guarantee fills on stop orders but if you check the
fine print they only back this claim for small trade sizes during normal market
conditions. Many brokers routinely execute stops 5 to 15 pips away from the stop
price.
FXCM never freezes its prices. FXCM quotes aggressively at all times under normal market conditions, giving traders a fair chance to TRADE during MARKET NEWS.
Other brokers do not allow you to trade on big market making news -- they
freeze their prices or widen their spreads when the market is volatile. 80% of
FX volume occurs during the busiest times, thus, it defeats the purpose of tight
spreads to have them only during “normal” market conditions.
* All stop-loss, limit and entry orders are guaranteed against slippage
except in extraordinarily volatile market conditions. All quotes and trades are
subject to the terms and conditions of the Client Agreement accessible through
this website.
Safety of Funds
Traders can be confident that FXCM is here to stay
despite increasing volatility, economic adjustments, and an ever-changing
business landscape.
Other brokers are small and undercapitalized and thus risky to place funds
with.
Size matters. The broker you align yourself with is the
counterparty to EVERY transaction. According to the financial information posted by the CFTC, FXCM is one of the largest Forex Dealer Members
in the world that specializes solely in spot FX.
Smaller firms have limited access to the Interbank market and hence may not
be able to fulfill the obligations of their clients' forex transactions. Small
firms also face difficulties modernizing their technology infrastructure as well
as keeping it safe and secure.
As a vocal advocate of foreign exchange regulation and
increased investor protection, FXCM is regulated in the United States, Hong Kong and the United Kingdom.
FXCM is required to meet the strictest regulatory requirements of
British and Hong Kong regulators that have been overseeing the retail FX markets
for over a decade and have very high capital adequacy and business standards,
requirements that most of our competitors could not hope to meet. In addition, FXCM
meets all US CFTC mandated requirements.
Unparalleled 24/7 Customer Support
FXCM employs over 500 salaried and dedicated FX
Professionals with expertise in fields including charts, technical analysis and
the fundamentals of trading FX. All employees are salaried, and there are no
commission brokers on staff.
Other brokers employ commission based salesman that use hard sales tactics
and gimmicks to lure in new accounts. We have product specialists to help you
choose from over a dozen different and independent charting options and navigate
through the hundreds of web based resources available for FX traders on the
internet.
FXCM runs 24-hour live support. You can always reach a
real person with expertise in dealing, sales, technical support and operations
-- even on weekends.
Most brokers claim to provide 24-hour support, but actually only run a
skeleton crew that is unable to resolve major problems outside regular business
hours. FXCM is one of the firms with a large in house trader education division as
well as support in 15 languages.
Affiliate headquarters in New York, Tokyo, London and
Hong Kong create a global infrastructure allowing FXCM to provide exceptional
service to traders around the world.
New York (Headquarters): Sales, operations, dealing, and research run
on a 24-hour basis to enable quick solutions for clients around the world.
Hong Kong: 24-hour sales and customer support in Mandarin, Cantonese
and English, a Chinese language research department and a fully staffed 24-hour
dealing room.
Tokyo: 24-hour sales and customer support and a Japanese language
research department.
London: Sales, operations and customer support during London business
hours.
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