allows retail clients to speculate on the foreign exchange market and provides trading in contract for difference (CFDs) on major indices and commodities such as gold and crude oil. Global Brokerage owned.5 interest in Global Brokerage Holdings, which owned.1 of fxcm.
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The complaint seeks an unspecified amount of compensatory and punitive damages, interests, and costs. Won Trades: the percent of trades with a positive return. In 2005, Drew Niv, then chief executive of fxcm, said: "If 15 of day traders are profitable I'd be surprised." 80 The New York Times"d Marc Prosser, then Chief Marketing Officer at fxcm saying "Don't just call it investing - this is speculation, and. "leucadia national corporation announces first quarter 2017 results". "cftc Orders fxcm (fxcm) to Pay 7M Penalty for Defrauding of Retail Forex Customers". Note that this is a company press release "fxcm Group Reports Monthly Metrics".
Nikolova, Maria (May 23, 2017). This is also known as a direct market access (DMA) system, in contrast to a market maker system more commonly used by forex brokers. Retrieved April 16, 2018. About 40,000 customer accounts were sold at about 375 each.
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