However, FXCM said the new web-based platform is still in its "early beta phase."
Meanwhile, Jefferies' max exposure to FXCM declined during the firm's last quarter.
Forex Capital Markets (FXCM)
Group, a long-time retail forex and CFDs provider, has launched a new trading
platform and progressive web application (PWA) for its clients. The new
platforms, which are additions to FXCM’s Trading Station Desktop and
Trading Station Mobile proprietary trading platforms, will enable the brokerage
firm’s “expansion in the coming months.”
FXCM Seeks “Greater Access” for Clients
FXCM told Finance Magnates that
it is launching a new web-based application in order to provide support for a
larger number of instruments to benefit its clients. Additionally, the application is targeted
at providing “greater access" globally to the brokerage firm’s products and services.
Furthermore, FXCM said it developed the new web-based application, which is still in "an early beta phase," in partnership with trading technology provider, Adaptive Financial Consulting. The broker noted it will
introduce a variety of tools and features for the new
application “in the coming months.”
“Retail trading hit an all-time
high earlier this year with non-institutional market participation accounting
for around 23% of market volume. FXCM’s new platforms are designed to make it
even easier for this increasingly important segment of the market to access key
markets and provide the tools they need to take advantage of new
opportunities,” FXCM explained.
New Web App Offers “App-Like
Experience”
In addition to its desktop and
mobile trading platforms, FXCM provides its clients with MetaTrader 4 and Application Programming Interface (API) trading
opportunities. However, the broker’s new PWA
makes it possible for clients to enjoy “an app-like experience” from a web
platform, it said in a statement. With this experience, users can simply add the new platform to their
home screen, instead of having to download and install a mobile app, FXCM added.
“[Our new web-based platform] also improves
access, particularly for clients in jurisdictions that do not have access to
FXCM’s native trading applications in their local stores, and it works offline
and in-low quality network conditions,” FXCM explained.
Speaking on the latest update, Brendan Callan, the CEO of FXCM, noted that the brokerage firm’s team with support from the investment bank and capital markets firm, Jefferies, has been working on “some
exciting development” that will be unveiled over the coming months.
“Trading technology is
constantly changing and as a leading player, it’s vital that we embrace
innovation to stay ahead of the competition. Our new platform and web-based app
provide our clients with the optimal experience and a suite of products and
tools they need to succeed,” Callan explained.
Meanwhile, Finance Magnates
reported that Jefferies’ maximum loss exposure to FXCM reduced during the last quarter. This is as the New York-headquartered investment
bank and financial services provider revealed a maximum loss exposure of $82.8
million between December 2022 and February 2023.
Forex Capital Markets (FXCM)
Group, a long-time retail forex and CFDs provider, has launched a new trading
platform and progressive web application (PWA) for its clients. The new
platforms, which are additions to FXCM’s Trading Station Desktop and
Trading Station Mobile proprietary trading platforms, will enable the brokerage
firm’s “expansion in the coming months.”
FXCM Seeks “Greater Access” for Clients
FXCM told Finance Magnates that
it is launching a new web-based application in order to provide support for a
larger number of instruments to benefit its clients. Additionally, the application is targeted
at providing “greater access" globally to the brokerage firm’s products and services.
Furthermore, FXCM said it developed the new web-based application, which is still in "an early beta phase," in partnership with trading technology provider, Adaptive Financial Consulting. The broker noted it will
introduce a variety of tools and features for the new
application “in the coming months.”
“Retail trading hit an all-time
high earlier this year with non-institutional market participation accounting
for around 23% of market volume. FXCM’s new platforms are designed to make it
even easier for this increasingly important segment of the market to access key
markets and provide the tools they need to take advantage of new
opportunities,” FXCM explained.
New Web App Offers “App-Like
Experience”
In addition to its desktop and
mobile trading platforms, FXCM provides its clients with MetaTrader 4 and Application Programming Interface (API) trading
opportunities. However, the broker’s new PWA
makes it possible for clients to enjoy “an app-like experience” from a web
platform, it said in a statement. With this experience, users can simply add the new platform to their
home screen, instead of having to download and install a mobile app, FXCM added.
“[Our new web-based platform] also improves
access, particularly for clients in jurisdictions that do not have access to
FXCM’s native trading applications in their local stores, and it works offline
and in-low quality network conditions,” FXCM explained.
Speaking on the latest update, Brendan Callan, the CEO of FXCM, noted that the brokerage firm’s team with support from the investment bank and capital markets firm, Jefferies, has been working on “some
exciting development” that will be unveiled over the coming months.
“Trading technology is
constantly changing and as a leading player, it’s vital that we embrace
innovation to stay ahead of the competition. Our new platform and web-based app
provide our clients with the optimal experience and a suite of products and
tools they need to succeed,” Callan explained.
Meanwhile, Finance Magnates
reported that Jefferies’ maximum loss exposure to FXCM reduced during the last quarter. This is as the New York-headquartered investment
bank and financial services provider revealed a maximum loss exposure of $82.8
million between December 2022 and February 2023.
Solomon Oladipupo is a journalist and editor from Nigeria that covers the tech, FX, fintech and cryptocurrency industries. He is a former assistant editor at AgroNigeria Magazine where he covered the agribusiness industry. Solomon holds a first-class degree in Journalism & Mass Communication from the University of Lagos where he graduated top of his class.
58% of UK Investors Choose Professional Guidance over 'Finfluencers’
Network, Learn, Grow | FMAS:24
Network, Learn, Grow | FMAS:24
Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
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Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
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Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
📸 Instagram: https://www.instagram.com/fmevents_official
🐦 Twitter: https://twitter.com/F_M_events
🎥 TikTok: https://www.tiktok.com/@fmevents_official
▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
📸 Instagram: https://www.instagram.com/fmevents_official
🐦 Twitter: https://twitter.com/F_M_events
🎥 TikTok: https://www.tiktok.com/@fmevents_official
▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/company/financemagnates/
👍 Facebook: https://www.facebook.com/financemagnates/
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📡 RSS Feed: https://www.financemagnates.com/feed/
▶️ Telegram: https://t.me/financemagnatesnews
Don't miss out on our latest videos, interviews, and event coverage.
🔔 Subscribe to our YouTube channel for more!🔔
Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/company/financemagnates/
👍 Facebook: https://www.facebook.com/financemagnates/
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Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
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Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/company/financemagnates/
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