Canadian? Open FXCM in CAD Dollars

As we’ve tied down with FXCM to provide us with the latest that they have (oh they emailed me and ask whether am I interested to share news about them on the latest they have. Why not? They get publicity, you get information!)

FXCM

Good news for Canadians as FXCM introduces forex accounts denominated in CAD dollars ;)

NEW YORK, August 21, 2007

Forex Capital Markets, LLC (www.fxcm.com) announced today that the brokerage firm will officially offer clients the opportunity to denominate their accounts in Canadian Dollars.

This additional option increases the number of total base currencies available to clients to six: the Euro, United States Dollar, Great Britain Pound, Australian Dollar, Japanese Yen, and now the Canadian Dollar.

Drew Niv, CEO, commented, “Our clients have the ability to hold their trading funds in their native currency, thereby eliminating the cost of conversion to the US Dollar. The ability to hold funds in one of six currencies means that traders can also consider the long-term profit potential in using a different currency to act as a base of their trades.”

FXCM’s decision to add the Canadian Dollar to its roster of currencies in which clients can hold their funds further solidifies the group’s reputation as internationally business-friendly. FXCM offers services in more than 20 languages and is a member of forex regulatory bodies in the U.S., U.K., Hong Kong, Japan, and Canada.

The firm’s website (www.fxcm.com) provides more information on their Non-USD Denominated Accounts.

0 Responses to “Canadian? Open FXCM in CAD Dollars”


  • No Comments

Leave a Reply