On November 30, 2011 FXCM announced the unveiling of its new web-based Forex trading platform, the Trading Station Web platform. With this announcement, FXCM joins the ranks of other top Forex brokers such as Ava FX, eToro and FOREX.com.
FXCM is one of the few Forex brokers that offers its own proprietary software as well as the standard MetaTrader 4 platform. The company's Trading Station II Desktop software has long been noted as being a Forex platform that is so chock-full of features that it may be suited to more advanced traders, while the FXCM's MT4 is unquestionably suited for traders at all levels.
Still, it is precisely the experienced trader who can best benefit from a web-based trading platform which allows for fast trade execution from anywhere so that traders can place trades on any computer, even those without the platform installed, as was previously required. The FXCM web-based trading platform can be accessed directly from the FXCM website, and it affords all of the trading abilities offered by the Trading Station II Desktop platform, including no dealing desk executions, real time news and market quotes and OCO (one cancels another) orders.
FXCM trades over $250 billion in trading volume annually, for 165,000 Forex accounts. It is one of the few Forex brokers that allows for account funding in USD, JPY, AUD, NZD, CAD and GBP. The brokerage also holds NFA regulation as well as regional regulation in England by the FSA, in Australia by ASIC, and in Hong Kong by the SFC.