Barclays Stockbrokers Partners with FXCM for Retail Forex Offering
NEW YORK--(BUSINESS WIRE)-- FXCM Inc. (FXCM) (NYSE: FXCM) and Barclays Stockbrokers have joined forces as Barclays launches Barclays Margin FX, a unique retail forex trading offering.
The partnership will leverage the expertise of Barclays, with over 300 years of history and expertise in banking as one of the largest financial services providers in the world, and FXCM, a pioneer of the online retail forex trading space and one of the largest retail forex brokers in the world. Clients of Barclays Margin FX will benefit from the power of the partnership.
This partnership is beneficial for both parties and presents an exciting opportunity to deliver the best retail forex trading experience in the United Kingdom.
We are extremely excited about this partnership and one that we think will create an offering that is superior to any other offering from our competitors in the UK, said Drew Niv, CEO of FXCM. Its always complimentary when one of the largest and most well established financial services providers chooses your trading technology, platform, and recourses to offer as its own.
Barclays Margin FX will be offered in the United Kingdom market only. For more information please visit http://barclaysmarginfx.com/.
About FXCM Inc.
FXCM Inc. is a global online provider of foreign exchange (forex) trading and related services to retail and institutional customers worldwide.
At the heart of FXCM's client offering is No Dealing Desk forex trading. Clients benefit from FXCM's large network of forex liquidity providers enabling FXCM to offer competitive spreads on major currency pairs. Clients have the advantage of mobile trading, one-click order execution, and trading from real-time charts. FXCM's UK subsidiary, Forex Capital Markets Limited, also offers CFD products with no re-quote trading and allows clients to trade forex, oil, gold, silver, and stock indices on one platform. In addition, FXCM offers educational courses on forex trading and provides free news and market research through DailyFX.com.
Trading foreign exchange, contracts for differences, or spread bets on margin carries a high level of risk, and may not be suitable for all investors. The possibility exists that you could sustain a loss of some or all of your deposited funds and therefore, you should not speculate with capital that you cannot afford to lose. Before deciding to trade the products offered by FXCM you should carefully consider your objectives, financial situation, needs and level of experience. You should be aware of all the risks associated with trading on margin. FXCM provides general advice that does not take into account your objectives, financial situation or needs. The content of this Website must not be construed as personal advice. FXCM recommends you seek advice from a separate financial advisor. Please click here to read full risk warning.
All references to "FXCM" refer to FXCM Inc. and its consolidated subsidiaries.
Jaclyn Klein, 646-432-2463
Vice President, Corporate Communications
Thomas Porac, 646-432-2998
Vice President, Investor Relations
Source: FXCM Inc.Copyright Business Wire 2012