Difference between revisions 157630517 and 161057299 on enwiki{{Primarysources|date=December 2006}} {{NPOV}} {{Infobox_Company | company_name = Forex Capital Markets | company_logo = [[Image:Fxcm logo.gif|FXCM]]| (contracted; show full)hange market|foreign exchange]] market. The company has 90,000 clients and over 400 institutional customers from more than 80 countries. Approximately 500 employees, based in offices in [[New York City]], [[London]], [[Dallas]], [[San Francisco]], [[Hong Kong]], and [[Tokyo]] provide 24-hour, multi-lingual sales, dealing, administrative, and technical support 7 days a week. [[Retail forex]] is controversial because the high degree of leverage available in the market leads most retail traders to lose money .{{Fact|date=April 2007}}, and because of the existence of many [[forex scam]]s. Quoted in the [[Wall Street Journal]] regarding retail forex, (''Currency Markets Draw Speculation, Fraud'' July 26, 2005) "Even people running the trading shops warn clients against trying to time the market. 'If 15% of [[day traders]] are profitable,' says Drew Niv, chief executive of '''FXCM''', 'I'd be surprised.' " [http://webreprints.djreprints.com/1276711190447.(contracted; show full)Thay are marketmakers, which means at the end of the day client will lose <references/> == External Links == *[http://www.fxcm.com FXCM] *[http://www.dailyfx.com DailyFX] *[http://www.nfa.futures.org/basicnet/Details.aspx?entityid=0308179 FXCM's NFA 'BASIC' Listing] *[http://www.nfa.futures.org/basicnet/CaseInfo.aspx?entityid=0308179&type=reg NFA Regulatory Actions] All content in the above text box is licensed under the Creative Commons Attribution-ShareAlike license Version 4 and was originally sourced from https://en.wikipedia.org/w/index.php?diff=prev&oldid=161057299.
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