AFAIK they are not a NDD.

This blog is a *really* good read for everyone interested in NDD brokers
<The Non-Trading Desk | Non-Dealing Desk | Forex Trading Blog>

Dear Traders:

There have been several questions regarding FXCM’s launch of the Metatrader 4 software on this forum. FXCM had planned to release the MetaTrader software at the end of 2007. Since then several challenges have arisen that we had not previously anticipated. As Director of the MT4 initiative I would like to address them here.

In 2006 FXCM moved from a Dealing Desk to a No Dealing Desk execution model. We did this to eliminate a conflict of interest between the broker and the trader, to promote greater price stability during volatile markets, and to lower the potential for market manipulation by increasing the competition amongst price providers. In the last 12 months, we have rolled out the following software upgrades:

- Trading From Integrated Charts
- One Click Trading
- Fractional Pip Pricing
- Partial Order Fill Capabilities

We have experienced delays with our launch for MT4 because several of these upgrades have clashed with the limitations of the MetaTrader software. For example, the MetaTrader software was originally designed for a Dealing Desk model. For this reason, the main challenge we have faced is integrating our no-dealing desk execution into MetaTrader. While there are existing third party programs that allow Dealing Desks to easily integrate MT4, such options are not as feasible when integrating MT4 into our highly sophisticated order routing system.

We recognize the value that the Expert Advisors and its back testing capabilities hold for many clients. With that said, we take the testing of our products seriously. Currently, we are testing how the latest software upgrades for the integration. Until these test results meet our standards, we will not be able to launch MT4. Like you, we certainly hope to offer MT4 sooner than later.

Please sign up at the following link if you would like to be notified when we launch the MT4 software. We will send an email to all traders once we have a firm date.
http://www.fxcm.com/metatrader-platform.jsp.

I thank you all for your patience and look forward to a working relationship moving forward. In the mean time, we strongly encourage you to try out our primary trading platform – The FX Trading Station 2.0, which now provides the ability to analyze charts, place orders and track positions directly from charts.

Eliseo Agas
metatrader@fxcm.com
__________________________________________________ ______________________
Jaclyn Sales
Public Relations Coordinator
FXCM
Financial Square
32 Old Slip, 10th Floor
New York, NY 10005
Dir (646) 432-2463
Tel (212) 897-7660
jsales@fxcm.com

Hi,

thanks for the info.

I´ve deleted the other post and we keep this one.

__________________

Elite Manual Trading | Portfolio | Calendar | Suggestions to improve the forum | My Blog

Remember: Signatures must have three lines as maximum

great news i'm waiting for it ..hope there's free swap account

===================
Forex Indicators Collection

i'm glad u give me good explanation on this subject matter, now we can trade through charts, can u make the chart more read able and we can see the history like meta4 thus?

here what i get from forexfactory.com about meta4 and many brokers involve with s*** things...see this website.. i hope fxcm not involve with them too!!!
MT4 Brokers' Virtual Dealer Plug-In

I am alarmed by this document posted by qtmspin:


I have brought this up with MetaQuote for comments and they removed it instead.

Their action clearly signifies a big red flag. I already knew that most MT4 brokers are cheats, but I never thought they would implement such dirty ploys as shown above. As is, 90% of traders loose money; and having to play dirty to ensure more loosing percentage, how low can you get?

Though the above document was a plugin for Delay Execution and Slippage, i can imagine they have "Virtual Spikes Plug-In" (50~100 pip spikes to hunt your stops), and "Virtual Withdrawal Plug-In" (you ask for withdrawal and get virtual money instead) up their sleeves.

--------------------------------------------------------------------------------

We are having the thread about it Virtual Dealer Plug-In: what is your broker up to?

thanks new digital

Now Available With FXCM:
MetaTrader 4 by MetaQuotes

New York, May 6, 2008

FXCM (Forex | currency trading | forex trading | forex broker) announced that clients can now choose between trading on the FXCM trading platform or on MetaTrader4 platform by MetaQuotes.

After numerous requests from the forex community, FXCM has added Meta Trader4 to its list of trading platform options. Many forex traders love the MetaTrader 4 platform, but want the benefits of FXCM as their broker.

Trading with FXCM offers the security of trading with one of the largest and most financially secure Forex Dealer Members. Several brokerage firms which offer the popular MetaTrader 4 trading platform are unregulated in the US (under the CFTC and NFA) or at all.*

Clients switching to FXCM will enjoy:
• No Dealing Desk Execution
• Low Spreads
• Great Execution – Even During News Events
• 24/7 Customer Support
• Proprietary Trading Signals and Ideas From DailyFX.com

“We respect that many forex traders are familiar with the MetaTrader 4 platform. Now our clients have a choice of two great trading platforms, the FXCM Trading Station 2.0 and MetaTrader 4,” said Marc Prosser, Chief Marketing Officer at FXCM. “The choice is free; there is no additional software charge for using any of the trading platforms.”

For more information regarding MetaTrader 4 with FXCM please visit MetaTrader | Meta Trader - Forex Trading Platform

A separate application is needed for clients choosing to trade on MetaTrader 4 platform. http://www.fxcm.com/metatrader-apply.jsp

# # #
FXCM Facts
• Forex Capital Markets LLC is one of the Largest Forex Dealer Members
• More than 100,000 live accounts are traded on FXCM trading platforms
• As of January 2008, an average of $350 billion in notional volume is traded each month on FXCM trading platforms
• As of January 2008, there is in excess of $700 million in customer funds trading on platforms offered by FXCM
• FXCM provides customer support with native speakers in more than a dozen languages in 6 offices around the world
Registered with the CFTC as a Futures Commission Merchant, FXCM (Forex Capital Markets LLC) has received numerous awards from the investment community, including Best Currency Broker from Shares, Best Retail Foreign Exchange Platform from FX Week and Best Foreign Exchange Specialist from Technical Analysis of Stocks & Commodities. In addition to currency trading, FXCM offers educational courses on forex trading, and provides research through DailyFX.com.
Leveraged foreign exchange trading carries a high level of risk, and may not be suitable for all investors. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.

*As of January 15, 2008, the following forex brokers offering MetaTrader 4 are not regulated in the U.S. under the CFTC and NFA: FXDD, FXOpen, Crown Forex, MIG Investments, Lite Forex, FXcast, and North Finance.

More Information:
Jaclyn Sales
Public Relations Coordinator
FXCM
Financial Square
32 Old Slip, 10th Floor
New York, NY 10005
Dir (646) 432-2463
Tel (212) 897-7660
jsales@fxcm.com

Lets see how (more) popular you become. Still it is not what MT4 traders want. Floating spread and commissions (non market maker broker).