FXCM Greece opens up

Looks like FXCM doesn't stop even for a second. Less than a month since launching another East European client with Czech Patria Direct using its Trading Station platform FXCM now expands into the Mediterranean and opens a local office in Greece which until now wasn't a very known Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term hub. With the exception of Zulutrade and small AK Forex, Forex market was relatively underdeveloped in the region. Looks like this is going to change.

Athens, 2, March 2010 - Forex Capital Markets Ltd. today announces the opening of FXCM Hellas, its newest branch office in Athens, Greece (https://www.fxcm.gr). Intent on becoming the premier Forex and CFD provider to the growing Greek trading community, FXCM Hellas will allow traders to access the benefits of FXCM’s No Re-quote execution.

Athens marks the 6th new FXCM office opened since January 2009, following new offices in Paris, Sydney, Dubai, Milan, and Santiago.

Due to FXCM's access to highly competitive prices from some of the world's largest banks, FXCM offers Forex Trading Forex Trading Forex trading is the buying and selling of foreign currencies with the aim of generating a profit. The value of currencies, especially floating currencies, fluctuate to varying degrees. This constant volatility of exchange rates opens the door for speculators to invest in a certain currency against another. The Forex market is the world’s biggest and most liquid market, with over $5 billion turnover every single day, with the market being open 24 hours a day, 5 days a week.It goes without saying Forex trading is the buying and selling of foreign currencies with the aim of generating a profit. The value of currencies, especially floating currencies, fluctuate to varying degrees. This constant volatility of exchange rates opens the door for speculators to invest in a certain currency against another. The Forex market is the world’s biggest and most liquid market, with over $5 billion turnover every single day, with the market being open 24 hours a day, 5 days a week.It goes without saying Read this Term with no dealer intervention and tight spreads as low as 1 pip. FXCM’s commitment to excellent client service, fair execution, and tight bid/ask spreads are the guiding values it brings to the Greek market.

“Many traders in Europe are not yet aware they can trade FX without order restrictions, without re-quotes, and without interference in their trading strategies,” said Drew Niv, CEO of Forex Capital Markets, “the opening of our Athens branch marks another step towards our goal of reaching every corner of the European trading community with this simple message.”

Clients of FXCM Hellas will be provided with the award winning FXCM Trading Station (named Best Retail FX Platform by FX Week’s 2009 e-FX Awards), a user-friendly and flexible software package which allows traders to access currencies, stock indices, gold, silver and oil, all from one platform. FXCM Hellas will further provide client service, education, seminars, and daily market news and analysis tailored for Greek traders.

“As online trading becomes more popular in Greece, there is a clear demand for an FX provider with FXCM’s strong principals and dedication to excellent service” said Harry Coundouris, Managing Director of FXCM Hellas. “We are fully confident Greek traders will quickly appreciate the advantages of FXCM’s No Re-quote execution”.

Come Visit Us! Make an appointment to see the new office and learn about the advantages of trading with one of the world’s largest and most financially strong retail forex and CFD provider.

FXCM Hellas

98 Vouliagmenis Ave

Glyfada-Athens, 16674

Phone: +30 2109690406

Fax: +30 2109690395

E-mail: sales@fxcm.gr

Web site: www.fxcm.gr

Sign up at https://www.fxcm.gr/ free-seminar.asp for a free in-person seminar with FXCM Hellas in Athens. Learn about the FX market and its advantages, and gain an understanding of the major principals of technical analysis and money management.

FXCM Ltd is regulated by the FSA (Financial Services Authority) one of the world’s most respected regulators. FXCM Hellas also complies with the rules and code of conduct of the Hellenic Capital Markets Commission (HCMC).

FXCM Holdings LLC Facts

As of September 2009

• FXCM Holdings LLC has over $100 million in capital

• More than 150,000 live accounts are traded through platforms offered by FXCM

• An average of $365 billion in notional volume is traded each month on platforms offered by FXCM

• More than $600 million in customer funds trading on platforms offered by FXCM

Trading foreign exchange and CFD’s on margin carries a high level of risk, and may not be suitable for all investors.