New FXCM pricing model to publish ‘raw’ FX spreads
Brokerage firm promises client cost reductions
Retail brokerage firm FXCM has today announced a new pricing model for its US subsidiary, which will display "raw" FX spreads and commission costs for clients separately in a bid to improve transparency.
"We are excited to offer raw spreads with no mark-ups on all currency pairs as it will provide clients with a superior and transparent FX trading experience," said Drew Niv, chief executive of FXCM. "As part of FXCM's commitment to its clients, we are taking pricing and broker service
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