Originally Posted By: jcl
I recommend to opt out. FXCM gave no clear information about the differences of the 'mini account' to a normal account, but their vague description sounds suspicious. You should not switch to a 'dealing desk' account.


Complete details comparing Mini to Standard accounts is available on the FXCM website, but below are the key differences.

A Mini account lets you trade with a smaller balance and higher leverage (up to 400:1 except in the US where regulations limit leverage to 50:1) on 18 of the most popular currency pairs on DD execution. A Standard account offers you No Dealing Desk (NDD) forex execution with more currency pairs (40) but the starting minimum is higher (2K) and leverage is limited to 100:1.

Last edited by Jason_Rogers; 10/28/15 15:49.