FXCM launches FXCM Micro
FXCM has announced the opening of its discount brokerage division FXCM Micro (www.
FXCM has announced the opening of its discount brokerage division FXCM Micro (www.forexmicrolot.com). FXCM Micro allows traders to trade with super-low spreads, automated execution, and 1K lot sizes. FXCM Micro is offered for individual, self-traded accounts.
In order to provide clients with tight spreads for 1K lot sizes (as little as 15 cents per lot for EUR/USD), FXCM controls expenses, such as costly support services. Instead of providing these services to clients by phone or IM, FXCM has innovated extensive self-help sections so that clients can find immediate answers on the Web site.