FXCM Prime

LIQUIDITY PROVIDER

Prime of Prime Est. 1999

0 Followers

about FXCM Prime

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

Connectivity solutions to reduce costs and time to market

FX Liquidity solutions

Market data products

Independent and unbiased prime services

Centralized clearing

Single NOP allocation

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

Connectivity & Bridges

CboeFX Currenex EBS Edgewater Markets Euronext FX FXAll Fenics FX Integral Integral OCX Metaquotes Solid FX Spotex TrueFX