FXCM Prime
LIQUIDITY PROVIDER
Prime of Prime Est. 1999
0 Followers
Company Overview & Analysis
FXCM PRIME is a division of FXCM Pro, the institutional arm of FXCM Group. <br> FXCM Prime caters to those customers who need market data and execution access across multiple trading venues, and who wish to settle such activity in one, centralized source, through one account. <br> Our proprietary back office collects all trades done across a variety of ECN and single bank trading venues, providing clients a holistic view of their positions. Pre-trade and post trade credit checks ensure efficient and effective allocation of net open position (NOP) utilization
Main Features
Over A Dozen People Strong
The team consists of veteran executives who have a long history within the FX space
Institutional Services Desk Centralizes All Customer Requests
Offering expedited responses to inbound enquiries
The Team Operates From Offices In New York, Europe And Asia
Covering all enquiries on a 24/5 basis
Top Features
Market Coverage & Assets
FX CURRENCIES
- All Major CCY Pairs
- EUR/USD (Euro vs US Dollar)
- USD/JPY (US Dollar vs Japanese Yen)
- GBP/USD (British Pound vs US Dollar)
- USD/CHF (US Dollar vs Swiss Franc)
- + 2 more instruments
Excution data
Min. Capital Requirements
$ 100,000 USD
Min. Client Collateral Requirements
$ 100,000 USD
Min. Balance Requirements
$ 100,000 USD
Min. Balance Sheet Requirements
$ 100,000 USD
CCY Min. Ticket Size
$ 100,000 USD
CCY Max. Ticket Size
$ 100M USD
Min. Spread 1M EUR/USD
$ ACCORDING TO VENUE USD
Min. Spread 1M GBP/USD
$ ACCORDING TO VENUE USD
Min. Spread 1K Oz Gold XAU/USD
$ ACCORDING TO VENUE USD
Min. Spread 1 BTC/USD
N/A
Accepts Retail Clients
NO
Segregated Account For Funds
N/A
Last Look Option
YES
Passive/Aggressive Orders
YES
Single NOP Limit Across Venue
YES
Centralized Clearing
YES
Overnight Rollover Charges
T/N SWAP
Margin Offered FX Majors
2%
Margin Offered FX Emerging Markets
3%
Margin Offered Precious Metals
N/A
Tier 1 Bank Prime Brokers Used
N/A
Bridge Offered
N/A
MT4
N/A
MT5
N/A
Risk Management Offered
N/A
Negative Balance Guaranteee
N/A
Asset Management Incubation
N/A
Provider Type
NO
Adheres To FX Global Code
N/A
Affiliate Rebate
N/A
PLC
N/A
Corporate Info
Provider Type
–
Prime Of Prime
Sector
–
Liquidity
Established
–
1999
Employees
–
600
Main HQ Region
–
WesternEurope
Focus Area
Liquidity
Prime Of Prime
Technology Stack
Independent And Unbiased True Prime Services
FXCM offer a true FX Prime Brokerage service, akin to the same service you would get from a Tier One PB, albeit with much quicker on-boarding times and a far lower cost of entry than Tier Ones.
When a customer connects through FXCM Prime, they sign an FX prime brokerage contract with us and we act purely as a clearer. They also sign legal contracts with each individual platform. This allows them to have a direct relationship with individual platforms but with the added benefit of being able to clear trades through a single NOP.
Flagship Platform
FXCM Prime
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