FXCM, one of the largest global online providers of foreign exchange trading and related services, has announced a range of major functionality upgrades to its product suite and research resource, enhancing the trading capabilities and market insight it offers UK-based retail investors.
With the launch of its new Trading Station Web platform, UK traders are now able to trade FX and spread bet whether at home, in the office, or on the road. The new web-based platform, which requires no software download or installation, is designed to be the most flexible way to access and trade FX online.
FXCM has also enhanced its spread bet offering in the UK, introducing a new GBP per point interface on both the new Trading Station Web platform and the Trading Station Desktop platform. Investors can now trade as low as 6p a point across major FX pairs, whereas most spread bet brokers have a minimum trade size of 1 GBP a point. This gives traders the precision to pinpoint the exact trade size they're looking to place in the market, as well as the ability to easily scale in and out of positions.
"The new Trade Station Web offering completes our suite of platforms available to traders in the UK," said Drew Niv, CEO of FXCM. "Trading Station Web meets the mobile needs of our customer, allowing then to log on from anywhere, even from behind company firewalls."
Niv continued: "Trading Station Web is an advanced trading platform that has all the features that have contributed to the success of the FXCM Trading Station, including FXCM's No Dealing Desk forex execution system."
In addition, FXCM has also made a major enhancement to the Forex Trading Signals service it offers through its research arm, DailyFX.com. Noted as one of the most popular trading resources FXCM offers its clients, the Forex Trading Signals service gives insight on when to enter the market, when to buy or sell and when to get out. It now offers enhanced strategies, analyst commentary, detailed explanations, a new user interface and much more.