FXCM has access to tight spreads prices for more than two dozen currency pairs.
FXCM's Micro execution system is designed to show you the best available price to buy and sell currently available to FXCM from multiple liquidity providers§ that feed prices into the FXCM Micro Trading Station. These prices include our mark-up, which may vary based on account type and liquidity provider. Having multiple prices provided to FXCM by several liquidity providers means that you will see tight, variable spreads, with precision down to as much as 1/1000th of a cent.
You can buy and sell simply by clicking on the prices in the Dealing Rates window. For fast order entry, you have the option of switching to one-click trading mode, allowing you to enter or exit the market with just one click.
Many institutions in the forex market quote prices down to 1/100th of a cent in the euro/US dollar currency pair. 1/100th of a cent is called a "pip"; therefore, a change in the price of a euro from $1.4613 to $1.4614 is a change of one pip.
FXCM Micro actually shows prices with an even greater degree of precision, down to 1/10th of a pip (which is 1/1000th of a cent). Forex prices are always quoted in pairs, such as the euro to the US dollar (abbreviated EUR/USD). The price shown in the dealing rates box to the right defines how much of the second currency 1 unit of the first currency is worth. For example, a EUR/USD buy price of 1.46160 means that it takes $1 and 46.160 cents to buy 1 euro.


When you first open the FXCM Micro Trading Station, you will see our 12 most popularly traded pairs. FXCM Micro offers trading in over a dozen additional pairs, and we're looking to add more in the future.
To add additional pairs, click on the CCY button at the top of your Trading Station. View Video Tutorial
The Currency Subscription List will appear. Place a check mark next to the pairs you want to see in the Dealing Rates window, and uncheck any pair that you don't want to see. You can view a maximum of 12 pairs at a time.

NOTE: The above educational video(s) are for FXCM Micro, FXCM Standard accounts. However, execution-specific references apply to FXCM Standard accounts only.
§ FXCM’s liquidity providers include global banks, financial institutions, prime brokers and other market makers.