Can you short at FXCM?

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Summary

Short selling is a trading strategy in which you speculate on the decline in the price of a stock or other security. If you'd like to learn about the intricacies of short selling real stocks, be sure to check out this article explaining the short selling of stocks.

Some stockbrokers only allow long position in stocks and ETFs. Others allow short positions only via CFDs on a handful of popular individual stocks. Advanced traders prefer brokers that allow the short selling of real stocks (and not just CFDs) on most stock markets their clients have access to.

Unfortunately, FXCM doesn't allow the short selling of real stocks. If you are looking for brokers that provide this service, check out this article about the best brokers for short selling or use our broker finder tool for a tailored recommendation.

Let's take a look at other popular asset classes at FXCM that enable traders to go short.

FXCM

4.4/5

Minimum deposit

$50

FX fee

Low

Index CFD fee

Average

Withdrawal fee

Account opening

1-3 days

Visit FXCM

73% of retail CFD accounts lose money

Short selling of CFDs

As clients of FXCM can trade CFDs, they can also go short on these assets. In the table below you will find our calculation for shorting some of the most traded CFD assets. This catch-all benchmark includes commissions, spreads and financing costs for all brokers

FXCM CFD fees for a $2,000 short position held for one week
	FXCM FXCM	Forex.com Forex.com	Pepperstone Pepperstone
S&P 500 index CFD fee Includes all fees (spread, commission, financing rate) of a $2,000 20:1 position open, 1-week-hold, and close	$3.4	$3.2	$3.2
Euro Stoxx 50 index CFD fee Includes all fees (spread, commission, financing rate) of a $2,000, 20:1 position: open, hold for 1 week, and close	$3.5	$3.3	$3.2
Apple CFD fee Includes all fees (spread, commission, financing rate) of a $2,000, 20:1 position: open, hold for 1 week, and close	$6.5	$23.2	$4.5
Vodafone CFD fee Includes all fees (spread, commission, financing rate) of a $2,000 20:1 position open, 1-week-hold, and close	- Vodafone stock CFD is not available	$29.1	$7.3

Data updated on September 23, 2024

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73% of retail CFD accounts lose money

Shorting a currency

At FXCM, you can trade forex pairs, therefore you can go long or short in any of the currency pairs they offer. In the following table you will find our calculation for shorting the most traded currency pairs. This catch-all benchmark includes commissions, spreads and financing costs for all brokers

FXCM forex benchmark fees for a $20,000 30:1 short position held for one week
	FXCM FXCM	Forex.com Forex.com	Pepperstone Pepperstone
EURUSD benchmark fee Includes all fees (spread, commission, financing rate) of a $20,000 30:1 position open, 1-week-hold, and close	$8.0	$9.7	$9.7
GBPUSD benchmark fee Includes all fees (spread, commission, financing rate) of a $20,000 30:1 position open, 1-week-hold, and close	$2.7	$5.4	$5.5
AUDUSD benchmark fee Includes all fees (spread, commission, financing rate) of a $20,000 30:1 position open, 1-week-hold, and close	$8.9	$11.1	$9.8
EURCHF benchmark fee	$0.0	$0.0	$0.0
EURGBP benchmark fee Includes all fees (spread, commission, financing rate) of a $20,000 30:1 position open, 1-week-hold, and close	$10.4	$9.5	$10.4

Data updated on September 23, 2024

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73% of retail CFD accounts lose money

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Can you short on FXCM?

Summary

Short selling of CFDs

Shorting a currency