FXCM Updates 'Clients Only' Plus Portal with New Trading Analytics

FXCM Group has announced an update to its free Online Trading Online Trading Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Read this Term portal for clients, FXCM Plus. The website features a variety of tools deigned to help traders get more information about the marker and their positions.

The company is providing access to the list of tools only to account holders at FXCM. The main enhancements are made to the Trading Analytics Analytics Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision making. In the trading space, analytics are applied in a predictive manner in an attempt to more accurately forecast the price. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analyt Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision making. In the trading space, analytics are applied in a predictive manner in an attempt to more accurately forecast the price. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analyt Read this Term 4 suite which now includes account statistics, daily percentage returns and updated texts for analyses.

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The FXCM Plus portal for clients features trading signals, a trading analyzer and the aforementioned Trading Analytics suite.

At a time when brokers are competing for differentiate themselves, firms continue to offer additional features to their clients to improve retention and conversion rates. Providing enough tools to traders can be a good enough competitive advantage when clients are choosing a new brokerage.

FXCM recently sold off its free educational portal DailyFX to IG Group. The UK brokerage signed a special deal allowing FXCM to have access to US clients. However in the aftermath of the broker’s exit from the US market, the company is no longer effectively using the portal.

Educational efforts for companies are vital to the long term success of their clients and the business overall. Increased regulatory scrutiny over the industry has proven in recent months that retail foreign exchange brokers need to primarily look after the interests of their clients.

The boom of unregulated brokers and malpractices among regulated ones have caused numerous updates and reviews of best practices in the industry. The European Securities Markets Authority (ESMA) has updated its requirements for retail brokers and continued urging national regulators across the EU to rein in malpractices by licensed brokers.