FXCM Launches New Platforms in Response to All-Time High Retail Volumes

April 17, 2023 at 01:12 PM
FXCM launches new platforms
FXCM

FXCM, a leading online FX and CFD broker, has announced the launch of two new platforms in partnership with Adaptive Financial Consulting, a trading technology provider. According to FXCM, the new platforms are designed to support a larger number of instruments and a progressive web application (PWA) that provides greater access globally to its products and services.

The launch of the new trading platforms comes as retail trading has hit an all-time high, with non-institutional market participation accounting for around 23% of market volume. FXCM’s new platforms are aimed at making it even easier for this increasingly important segment of the market to access key markets and take advantage of new opportunities.

  • Brendan Callan, CEO of FXCM, commented on the importance of innovation in the trading technology space: “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.”

The two new platforms join FXCM’s existing proprietary trading platforms, Trading Station Desktop and Trading Station Mobile, as well as an extensive MT4 offering and API trading opportunities via a proprietary API, FIX, and Java.

FXCM’s new web-based platform, built using React, replaces the firm’s previous web platform and will integrate an array of tools and features in the coming months. The company’s new progressive web application (PWA) provides an app-like experience to users, while still being accessible through a web browser. It eliminates the need to download and install an app, making it easier for clients in jurisdictions without access to FXCM’s native trading applications to access its services. The PWA also works offline and in low-quality network conditions.

The launch of these new platforms reflects FXCM’s commitment to innovation and ensuring that its clients have access to cutting-edge trading technology.

Read our detailed review of FXCM broker.

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