FXCM is a well-known broker that provides foreign exchange trading services to traders worldwide. The company offers a wide range of trading tools and services, including forex data feed. Forex data feed refers to the real-time prices of various currency pairs that are used by traders to make informed trading decisions.
FXCM charges for forex data feed based on the type of account you have. The company offers two types of accounts: a standard account and an Active Trader account. The standard account is designed for retail traders who trade in small volumes, while the Active Trader account is designed for high-volume traders.
For standard accounts, FXCM charges $99 per month for forex data feed. This fee includes real-time prices for all major currency pairs, as well as several minor pairs. The data feed is available via the FXCM Trading Station platform, which can be accessed through a web browser or a mobile app.
For Active Trader accounts, FXCM offers forex data feed for free. This is because Active Trader accounts are designed for high-volume traders who trade in large volumes and require access to real-time prices at all times. The data feed is also available via the FXCM Trading Station platform.
In addition to forex data feed, FXCM also offers several other trading tools and services to traders. These include:
1. Trading Station – a powerful trading platform that provides access to real-time prices, advanced charting tools, and a wide range of order types.
2. MetaTrader 4 – a popular trading platform that is widely used by traders worldwide. The platform provides access to real-time prices, advanced charting tools, and a wide range of order types.
3. Trading Signals – a service that provides traders with real-time trading signals based on technical analysis. The signals are generated by experienced traders and can be used to make informed trading decisions.
4. Economic Calendar – a tool that provides traders with information about upcoming economic events that could impact the forex market.
5. Market News – a service that provides traders with real-time news and analysis of the forex market. The news is generated by experienced traders and can be used to make informed trading decisions.
In conclusion, FXCM charges $99 per month for forex data feed for standard accounts, while Active Trader accounts receive the service for free. The forex data feed includes real-time prices for all major currency pairs and several minor pairs and is available via the FXCM Trading Station platform. In addition to forex data feed, FXCM offers a wide range of trading tools and services to traders, including Trading Station, MetaTrader 4, Trading Signals, Economic Calendar, and Market News.
