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Individual Account
All Applications: 

FXCM must receive the following in addition to the Trading Agreement for ALL clients:

1. One form of identification from each account holder (i.e. Driver’s license, Passport, Social Security Card)
2. Proof of residential address that is represented on account application (i.e. Utility bill, bank statement, Note: PO Boxes are NOT acceptable)

The copies and the account application should be FAXED with the ID Fax Cover Sheet to +1-212-897-7669.

The minimum initial deposit required for opening a regular FXCM trading account is $2000, and the minimum initial deposit for opening a Mini FXCM trading account is $300. Funds may be sent via wire or check. Once funds are placed in a new account, clients will be contact via email with Login information. Please refer to the following page for information regarding Depositing Funds.

Please do NOT send funds until after your account forms have been received and processed by FXCM. A member of the FXCM staff will contact you via email within 2 business days of receiving your account forms.



FXCM Trading Agreement:


*Please do NOT send funds until after your account forms have been received and processed by FXCM.  A member of the FXCM staff will contact you via email within 2 business days of receiving your account forms.

Account applications are evaluated immediately after being received. FXCM will contact the trader within two business days of receiving the application. To open an account, a minimum initial deposit of $2,000 is required by check or wire transfer. Funds received by wire are placed in the account within one business day. Certified checks and cashier's checks are also deposited in the FXCM account within one business day. Personal checks may take up to 10 business days to clear depending on the bank, state of origin, and amount. Once funds are placed in a new account, FXCM provides login information to the trader via email.  Upon logging into the account, please note the four digit account ID# which must be used on all correspondence to FXCM. 

-Information on Depositing Funds
-Information on Withdrawing Funds


Account Manager Option

If you wish to employ another individual to trade on your behalf, a Limited Power of Attorney Form must be completed indicating the account manager who will be assigned the necessary permissions as the "trading agent." In addition, FXCM requires the account manager to complete the contract information on a copy of the Account Application Form. The FXCM trading platform enables the trading agent to collect a fee on every unit being traded. This fee must be specified on the Limited Power of Attorney Form.  

Please complete and sign the following form as well as submit photo identification if you intend on having an account manager trade your account.


Limited Power Of Attorney Form:

 

 

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*“The Views and opinions represented in the provided website links and resources are not controlled by the introducer or the FCM. Further, the introducer and the FCM are not responsible for their availability, content, or delivery of services.”*

Risk Disclosure: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

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