Over 78,000 accounts * Fixed 3 Pip Spreads ** http://www.fxcm.com/ Make sure you go to "Live chat" and congratulate them for those advancement, i already did
I love when they tout they are the "biggest FX brokers". Oanda is and they are no where close to being the biggest.
http://www.cftc.gov/files/tm/fcm/tmfcmdata0606.pdf FXCM: 22MM Oanda: 33MM What you need to understand is that spreads are always variable. Spreads are never "fixed" as the underlying market (interbank) isn't fixed either. People need to learn about the role of market makers. When retail houses say that spreads are fixed, they do so in order to extract profits from unsuspecting customers who don't realize that: A) they are able to hedge their positions for < then the fixed spread thus they earn the differential B) they don't adhere to these fixed spreads during fast markets anyways which is EXACTLY the times that you would need fixed spreads.