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FXCM launches new market depth indicator for proprietary Trading Station platform

Andrew Saks-McLeod, Head of Research and Analysis, ETX Capital

North American electronic trading giant FXCM has launched an all new Forex Market Depth Indicator exclusively for its flagship Trading Station platform. The Forex Market Depth Indicator allows FXCM clients to see up to five levels of liquidity and depth for 17 of the most traded currency pairs. Traders will have insight into the sentiment of […]

North American electronic trading giant FXCM has launched an all new Forex Market Depth Indicator exclusively for its flagship Trading Station platform.

The Forex Market Depth Indicator allows FXCM clients to see up to five levels of liquidity and depth for 17 of the most traded currency pairs. Traders will have insight into the sentiment of our pool of liquidity providers alongside how much volume is available at a given price — giving traders an indication of potential market direction. Exclusively on Standard accounts featuring No Dealing Desk Execution.

“FXCM is excited to offer this new indicator as this affirms our deep-rooted commitment in providing transparent solutions to our clients,” said Drew Niv, CEO of FXCM. “Our team is consistently working to develop new advanced technology and optimize our clients’ trading experience.”

With FXCM, clients have access to a comprehensive suite of sentiment indicators including the Speculative Sentiment Index giving traders access to FXCM’s proprietary volume and positioning information, giving an unparalleled view of forex market sentiment. Traders also benefit from FXCM’s distinctive No Dealing Desk Forex Execution ensuring prices are competitive and market-driven.

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