Charles-Henri Sabet has a brilliant and original career path since his youngest age; strongly influenced by his Egyptian-Lebanese origins. Very early, he discovers the taste for bargaining, trade and strategic games. He was quickly responsabilised and thanks to his multiple talents, strong curiosity and a very large intelligence; he became autonomous rapidly. First through backgammon where he received the title of world champion in 1985, when he just turned 24! But he needed more intellectually and started his career in the financial world. Thanks to strong leadership skills he occupied senior positions in trading rooms. First at Crédit Agricole then at Swiss Bank Corporation (now UBS) where he managed the foreign-exchange and treasury desk.

Charles-Henri Sabet is an entrepreneur and an excellent strategist: he established his own business, when he had just turned 30. TCC was a trading company specialized in foreign-exchange, options and interest rates. Its rapid expansion led TCC to be positioned among the largest intervenants in the foreign exchange market despite a still small size. Charles-Henri’s great intuition, excellent risk management and market’s intelligence brought him widespread respect and recognition in the financial world.

With such business growth, Charles-Henri decided to apply for the Swiss banking licence in 1999 which he obtained very quickly mid-99. This period will give him great knowledge in banking regulations and financial law, internal controling and risk management. Moreover he always says that he loves law so much that if he could, he would start studying it. Synthesis Bank, as a traditional bank will go through a difficult period such as the tech bubble and september 11. The bank will not reach its growth expectations and will find itself in a tough financial situation. Charles-Henri, in a very pro-active way and with its legendary dynamism, revolutionizes the core activity of the bank and goes back to his first love: trading ; but this time by relying on today’s technology. He creates an internet bank active in all financial markets : foreign-exchange,, stocks, futures, derivatives, funds, options and other products. His goal is to democratise the trading world by also bringing financial education and support to clients.

Charles-Henri will get involved with new technology trading tools, marketing, internet world, without forgetting an increased risk management considering the volatile nature of the environment. He will develop fully automatized risk optimization programs based on behavioural studies of clients in their way of trading.

The internet bank’s success attracts potential investors and buyers. In 2007, Charles-Henri decides to sell Synthesis Bank to its IT provider Saxo Bank.

Today Charles-Henri dedicates much of his time to his family which he has just created. He works on several very promising projects which are still on trial for the moment.

In the meantime Charles-Henri will be happy to share with you his macro views on the economy

New York – August 31st, 2009.

FXCM Micro’s monthly forex trading contest starts tomorrow, September 1st, 2009. $25,000 in cash is awarded to the trader with the highest monthly trading return; $10,000 is awarded for second, and $5,000 for third place. FXCM Micro wants you to be the king!

Click here to watch a live chat question and answer session with a recent two time King of the Micro winner, on how he trades.
http://forexforums.dailyfx.com/trading-pit...et-08-31-a.html (Recorded Monday August 31, 2009 at 11:00 am EST)

The popular currency trading contest has been running for over four years and is free to participate in. King of the Micro is available to clients all around the world. Recent winners have come from the United States, China, Malaysia, and Canada.

All participants of the King of the Micro contest will receive the FXCM Power Course free to improve their chances to be King.

There is no registration needed, and the requirements are simple: all FXCM Micro clients with $500 in their Micro account at the beginning of the month are automatically entered. And traders must make at least ten trades during the month.

For more information on the King of the Micro contest, to read the full contest rules, and to deposit money into your FXCM Micro account, click here. http://www.forexmicrolot.com/king-micro-tr...tml?CMP=PR-King

FXCM Micro is the discount brokerage division of FXCM. Traders may open an account and start trading with as little as $25 to enjoy FXCM Micro’s super-low spreads, automated execution, and 1k lot sizes. FXCM Micro is offered for individual, self-traded accounts.

For Immediate Release:

Media Contact: Jaclyn Sales, jsales@fxcm.com

London, 31 August 2009 : FXCM Ltd. (www.fxcm.co.uk), a leader in the retail forex business will now offer a CFD product focusing on forex, global stock indices, oil, and precious metals.

Key features of online CFD trading with FXCM include:

• No re-quotes
• Competitive pricing
• No commissions*
• Generous leverage†
• Single position accounts with hedging capabilities
• Benefits from dividends
• Guaranteed no deficit account balance as a result of trading with no extra fee

By trading CFDs with FXCM, retail clients benefit from FXCM’s close banking relationships with ten of the largest and most aggressive price providers who supply clients with large pools of liquidity and highly competitive spreads, even during market-moving news events. Furthermore, FXCM believes that the new index, commodity, and precious metal CFD instruments will complement their existing forex business and appeal to more retail clients globally, enabling them to trade a range of products from a single trading account.


FXCM executes your trades with no re-quotes. Some CFD brokers trade against their clients and will re-quote in order to make money on your trades, which creates a conflict of interest. FXCM will not interfere in your trading by re-quoting your trades.

Brian Griffin, Executive Director for CFDs at FXCM says:

“FXCM has some of the best people in the industry and feel that it is only a matter of time before FXCM claims its place as a significant provider in the global CFD industry.

Everything we do at FXCM is driven by client demand. Our clients have long asked to apply the no re-quote business logic we adopted for our award winning forex service to the index, oil, and metal CFD market-place.

This is what we have done no re-quotes for our CFD products. I believe we have created the industry’s fairest retail trading platform. We welcome all clients who are frustrated with their current forex and CFD provider to give us a try.”

Open a free practice account and begin trading CFD’s with FXCM Ltd. http://www.fxcm.co.uk/free-forex-accounts.jsp

For further information on CFD market news and analysis please visit FXCM’s free news Web site www.CFDTrading.com.

A: The FSA is the regulatory body that oversees spot FX trading in the United Kingdom. The market has been regulated in the UK much longer then it has been in the U.S. Accounts with FXCM UK are segregated in accordance with FSA client money rules. The financial services authority, one of the world's most respected financial regulatory bodies, regulates FXCM UK.

A: FXCM UK provides for bank wire, debit card, credit card, and check deposits and withdrawals. Please note there are different Web site links and funding details associated with accounts at FXCM UK. Visit FXCM - Depositing Funds Options for full details. Please also note clients have the option to hold their accounts in GBP, EUR, USD, JPY, CAD, and NZD. U.S. clients may send domestic wire deposits. http://www.fxcm.co.uk/depositing-funds.jsp

A: Yes. All FXCM UK accounts will allow clients to place stops and limits as well as close positions from the "Open Positions" window.

A: Yes. All FXCM UK accounts default to have hedging enabled. That is to say that buy and sell positions will no longer offset each other. Buy and sell positions can now be held on the same account. Clients who wish to have hedging disabled can elect to turn the function off via MyFXCM. https://www.myfxcm.com

A: Yes. However, if the account does not have hedging enabled the OCO orders executed in the opposing direction of open positions will effectively offset those positions. Conversely, a market order to buy 100K GBP/USD will NOT be offset by an entry order to sell if the account has hedging enabled.

New York, July 1, 2009―FXCM LLC would like to notify all FXCM clients holding MetaTrader 4 (MT4) accounts with FXCM U.S. of the changes that will occur after July 31, 2009. The National Futures Association (NFA), the primary regulatory authority for forex in the United States, has adopted new compliance rules that will have dramatic consequences for your MT4 account. The most significant new requirement requires all open positions to be closed out on a first-in-first-out basis.

To date, we have received no indication that the MT4 platform will be able to be modified to comply with first-in-first-out execution without significant loss in functionality. The solutions that FXCM have examined would cripple the operation of many expert advisors and will result in a much less robust platform. As a result, FXCM plans to support the MT4 platform through its UK entity―Forex Capital Markets Limited (FXCM UK)―which is regulated by the UK’s Financial Services Authority (FSA) . The MT4 platform will no longer be offered through FXCM U.S. and will be discontinued on July 31, 2009.

AS OF JULY 31, 2009, ALL FXCM U.S. MT4 OPEN POSITIONS WILL BE CLOSED. Clients will have the choice of having their account transferred to FXCM UK with no change to their existing trading platform functionality.

If you wish to transfer your account to FXCM UK, please complete the one page form. Account Transfer Form (http://www.fxcm.com/mt4-hedging-transfer-form.jsp)

DEADLINE TO COMPLETE EARLY OPT IN: JULY 8, 2009

DEADLINE TO COMPLETE LATE OPT IN: JULY 21, 2009

Important Notice: If you completed the transfer form, your account will be operational prior to the implementation of new NFA regulations. You will be notified via e-mail when your account is transferred.

Your account number and password will remain the same and your open positions will remain intact. Moving an account to FXCM UK involves some changes in deposit and withdrawal instructions, and changes in charges for transferring funds. However, FXCM UK clients have the option to send funds to the United States and fund via credit card. MYFXCM.com will also be available.

Deposits | http://www.fxcm.co.uk/depositing-funds.jsp

Withdrawals | http://www.fxcm.co.uk/forms.jsp

MYFXCM.com | https://www.myfxcm.com/fxma/?plugin=0&ib=FXCM

If you have any questions about the new regulations or their effect on your risk management, please don’t hesitate to contact us at 1-888-503-6739, or e-mail us at info@fxcm.com.