The development of the forex market during these 20 years has been witnessed by FXCM, as one of the professional forex trading service providers.
The development of the forex market during these 20 years has been witnessed by FXCM, as one of the professional forex trading service providers. The market has undergone many changes. Starting from the structure of the perpetrators to technology that continues to develop, is the key to success for forex brokers.
Reporting from Financemagnates[dot]com, Mario Sanchez as Managing Director and Global Head of Sales at FXCM Pro expressed his opinion. The number of trading orders originating from financial institutions other than banks (proprietary trading firms, institutional investors and official sector financial institutions) increased to 3.6 trillion USD, covering 55 percent of all total transactions.
FXCM Holds Important Points To Survive
After observing various dynamics of the forex market for the past 20 years, the FXCM team realized that the pace of market evolution was phenomenal. Not many forex brokers can survive since the beginning of its birth, because of lacking capability in recognizing customer needs and market behavior.
Presenting competitive price quotations, high liquidity, and speed of execution are things that need to be maintained. Not stopping there, FXCM also presents a variety of services suitable for any trader through FXCM Pro. This is supported also by the development of technology that continues to be adjusted to market needs.
To find out more about FXCM brokers and its service, traders can visit the official page.