Exclusive: FXCM Eyes Expansion, Unveils Two New Platforms
Forex Capital Markets (FXCM) Group, a retail forex and CFDs provider, has launched two new trading platforms, a web-based platform and a progressive web application (PWA), which are still in their early beta phase. The platforms are additions to FXCM’s proprietary Trading Station Desktop and Trading Station Mobile trading platforms and will enable the brokerage firm’s expansion in the coming months, providing “greater access” globally to its products and services. FXCM developed the new web-based platform in partnership with Adaptive Financial Consulting and will introduce various tools and features for the new application in the coming months. The PWA offers an app-like experience to users, who can simply add it to their home screen, instead of downloading and installing a mobile app, making it easier to access key markets and take advantage of new opportunities. Jefferies’ maximum loss exposure to FXCM reduced during the last quarter.