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Individual |
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 For individuals opening
 and funding an account
in their own name. |
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Joint |
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For two individual
traders looking to
open an account. Both
parties have trading
and deposit/withdrawal
rights to the account. |
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Corporate |
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For traders seeking
to open an account
in the name of
their company. |
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LLC |
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For traders seeking to
open an account in the
name of their limited
liability company. |
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Partnership |
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For traders seeking
to open an account
in the name of their
partnership. If the
general partner is a
corporation or LLC,
the corporation or
LLC must submit the
corporate account
application and
resolution. |
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Trust |
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For traders seeking to
open an account in the
name of a trust. The
terms of the trust
must not
prohibit or
conflict
with the
terms of the Client
Agreement or
Trustee's resolution. |
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Open an FXCM Trading Account
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24-Hour Online Currency Trading |
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| NO Dealing Desk Execution* |
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| Trade on rates provided to FXCM by multiple global banks. |
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Spreads as Low as 1 Pip |
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Trade Directly
From Charts |
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Hedging Capabilities |
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Positive Rolls at All Margin Levels |
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Up to 200:1 Leverage** |
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Apply Now |
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Forex Forum .Asia members, welcome to FXCM |
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Opening an FXCM trading account is quick and easy. Applications can be submitted online or by FAX. |
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SUPPORTING DOCUMENTATION
Scroll down to Step 2 to review the documentation needed
to
complete your account setup. |
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FUNDING YOUR ACCOUNT
Scroll down to Step 3 for the funding options available to
get you started trading. |
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STEP 1: CHOOSE TRADING ACCOUNT
| 100K Account |
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| The 100K account is ideal for active traders wishing to leverage the advantages of forex trading.** Traders receive rapid execution from real-time, streaming quotes 24 hours a day. |
- $2,000 to Open
- Up to 100:1 Leverage**
- 100,000 Unit Trade Size
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| Mini Account |
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| The Mini account is designed for those new to online currency trading. It is intended to introduce traders to currency trading while minimizing the risk capital required. |
- $300 to Open
- Up to 200:1 Leverage**
- 10,000 Unit Trade Size
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STEP 2: SUPPORTING DOCUMENTATION
We recommend that you submit your documents to our New Accounts department within 24 hours of your online application submission. The following documents may be requested in accordance with your requested
account type.
FOR INDIVIDUAL AND JOINT ACCOUNT HOLDERS:
FXCM requires a copy of the following for each named account holder:
1) A photocopy of one form of a non-expired, government issued photo ID.
Your identification must clearly indicate your date of birth. All documents
that contain an expiration date must be valid, unless stated otherwise.
Examples of this include a:
| • Passport |
• Driver's license |
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• Non-driver's ID |
2) A proof of residence dated within 6 months for the address indicated on the
application. (PO Boxes are not acceptable.)
Please note that we are unable to accept any statement or bill that has not been
received in its entirety. Information such as the billing name and address must be
visible, as well as the company that has issued the bill. Your document must not
be folded. Payment stubs are not acceptable, as they display limited information.
Confidential information such as an account number(s) may be removed at your
own discretion.
Examples of this include the following:
| • Gas bill |
• Electric bill |
• Telephone bill |
• Bank statement |
| • Credit Card statement |
• Mortgage bill |
• Current Lease agreement |
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You may submit your documents as scanned images (JPG, GIF, BMP, DOC, PDF—no password protection please) to our
New Accounts department at admin@fxcm.com OR via fax to 212-897-7669. |
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Documentation for other Account Types:
For information about documentation needs for Trusts, Corporate Entities, IRAs, and Partnerships, please click here.
STEP 3: FUNDING YOUR ACCOUNT TO BEGIN TRADING
We recommend that you fund your account after you've received an e-mail confirmation that your account set-up is complete.
• Most clients find a debit card, credit card, or bank wire to be the most convenient
way of funding.
• For starting balances under $10,000, a mini account is suggested.
Once funds arrive in the name of the account holder, a permanent username will
be sent by e-mail, use this new permanent login information to access the FX
Trading Station and begin trading your new account!
Important Information: Please be sure to type or clearly print your e-mail address on the New Account Agreement, as this will be the medium used to contact you following the receipt of the application.
FXCM takes strong measures to prevent identity theft. Congress declared identity theft a federal crime in 1998 when it passed the Identity Theft and Assumption Deterrence Act. This offense, in most circumstances, carries a maximum term of 15 years imprisonment, a fine, and criminal forfeiture of any personal property used or intended to be used to commit the offense.
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Please note FXCM Micro in its discretion may or may not offset individual transactions unlike transactions in most FXCM standard and mini accounts. |
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Without proper risk management, a high degree of leverage can lead to large losses as well as gains. |
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