Execution Risks

HIGH RISK INVESTMENT 

 Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Before deciding to trade products offered by Forex Capital Markets, LLC ("AMGT LLC") you should carefully consider your objectives, financial situation, needs and level of experience.

AMGT provides general advice that does not take into account your objectives, financial situation or needs. The content of this website must not be construed as personal advice. The possibility exists that you could sustain a loss of some or all of your deposited funds and therefore, you should not speculate with capital that you cannot afford to lose. You should be aware of all the risks associated with trading on margin. FXCM recommends you seek advice from an independent financial advisor. AMGT

MARKET OPINIONS 

Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary, and does not constitute investment advice. AMGT will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. INTERNET TRADING RISKS There are risks associated with utilizing an internet-based deal-execution trading system including, but not limited to, the failure of hardware, software, and internet connection. Since AMGT does not control signal power, its reception or routing via the internet, configuration of your equipment or reliability of its connection, we cannot be responsible for communication failures, distortions or delays when trading via the internet. AMGT employs backup systems and contingency plans to minimize the possibility of system failure, which includes allowing clients to trade via telephone. NO

DEALING DESK EXECUTION MODEL 

 AMGT provides forex execution via a straight through processing, or No Dealing Desk execution model. In this model FXCM passes on to its clients the best prices that are provided by one of FXCM's liquidity providers (which include global banks, financial institutions, prime brokers and other market maker) with a fixed mark-up for each currency pair. In this model, FXCM does not act as a market marker in any currency pairs. As such, AMGT is reliant on these external providers for currency pricing. Although this model promotes efficiency and competition for market pricing, there are certain limitations to liquidity that can affect the final execution of your order. SLIPPAGE AMGT aims to provide clients with the best execution available and to get all orders filled at the requested rate. However, there are times when, due to an increase in volatility or volume, orders may be subject to slippage. Slippage most commonly occurs during fundamental news events or periods of limited liquidity. Instances such as trade rollover (5pm EST) is a known period in which the amount of liquidity tends to be limited as many liquidity providers settle transactions for that day. For more information on why rollover occurs, see the section on ‘Rollover Costs’. During periods such as these, your order type, quantity demanded, and specific order instructions can have an impact on the overall execution you receive.

Examples of specific order instructions include: 

Good 'Til Cancelled ("GTC")  Orders - Your entire order will be filled at the next available price(s) at the time it is received.

Immediate or Cancel ("IOC")Orders - All or part of your order will be filled at the next available price with the remaining amount cancelled should liquidity not exist to fill your order immediately.

Fill or Kill ("FOK") Orders - The order must be filled in its entirety or not at all.