NEW YORK, Sept. 06, 2016 (GLOBE NEWSWIRE) -- FXCM Inc. (NYSE:FXCM), a leading online provider of forex trading, Contract for Difference (CFD), and related services, announces today the launch of the Forex Market Depth Indicator exclusively for its flagship Trading Station platform.
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The Forex Market Depth Indicator allows FXCM clients to see up to five levels of liquidity and depth for 17 of the most traded currency pairs. Traders will have insight into the sentiment of our pool of liquidity providers alongside how much volume is available at a given price – giving traders an indication of potential market direction. Exclusively on Standard accounts featuring No Dealing Desk Execution.
“FXCM is excited to offer this new indicator as this affirms our deep-rooted commitment in providing transparent solutions to our clients,” said Drew Niv, CEO of FXCM. “Our team is consistently working to develop new advanced technology and optimize our clients' trading experience.”
With FXCM, clients have access to a comprehensive suite of sentiment indicators including the Speculative Sentiment Index giving traders access to FXCM’s proprietary volume and positioning information, giving an unparalleled view of forex market sentiment. Traders also benefit from FXCM's distinctive No Dealing Desk Forex Execution ensuring prices are competitive and market-driven.
An FXCM Standard account is required. To download please visit https://www.fxcmapps.com/apps/market-depth/
To learn more about the new Forex Market Depth Indicator or to open a demo or live account, clients can contact an FXCM specialist at info@fxcm.com or call 1-212-897-7660.
Visit www.fxcm.com and follow us on Twitter @FXCM, Facebook FXCM, Google+ FXCM or YouTube FXCM.
About FXCM Inc.
FXCM Inc. (NYSE:FXCM) is a leading provider of online foreign exchange (FX) trading, CFD trading, spread betting and related services. Our mission is to provide global traders with access to the world's largest and most liquid market by offering innovative trading tools, hiring excellent trading educators, meeting strict financial standards and striving for the best online trading experience in the market.
Clients have the advantage of mobile trading, one-click order execution and trading from real-time charts. In addition, FXCM offers educational courses on FX trading and provides free news and market research through DailyFX.com.
Trading foreign exchange and CFDs on margin carries a high level of risk, which may result in losses that could exceed your deposits, therefore may not be suitable for all investors. Read full disclaimer.