Foreign exchange market round up: FXCM launches new platform
Retail FX provider FXCM has launched a new platform, Active Trader, which it says is aimed at the higher end of the market. The platform has greater depth of book transparency and, unlike most other retail offerings, charges commission, determined by volumes, to trade. FXCM says this enables it to pass on tighter spreads from its liquidity providers. Accounts will require minimum deposits of $25,000 or a history of active trading.