June Issue
What's New in FXCM?
In this June edition, we walk you through our latest mobile app release and all its new features and take a closer look at the new Amazon.com stock price. Read on for all the details.
Thank you for trading with us and we hope you enjoy reading the June edition of our newsletter!
Top Market Events
Inflation remains a significant concern and is at a 40-year high, with headline CPI at 8.6% and the core reading at 6%. These are both higher than expected.
The readings accompany an upside surprise in the non-farm payroll number, which printed at 390K (vs the forecasted 325K) on 3 June. These point to a hawkish Fed, which will deliver a 50bps hike for June and another 50 bps for July. Pressure now builds for another 50bps in September.
Higher rates typically apply pressure to stocks. Also, inflation, coupled with a runoff in the Fed's balance sheet, should support the dollar. However, we note a concern - initial jobless claims have started ticking up. This increase brings into question the probability of a soft landing. i.e. the ability of the Fed to steer the economy towards a moderate slowdown is becoming more remote, and the danger of running into recession may be growing.
A big update to our Mobile App
What’s New in Version 2.8.0?
We are very excited to announce that the newest version of our Trading Station Mobile app is ready for use. We’ve redesigned the app to offer you improved discoverability and better instrument search experience.
The latest update includes:
- New Discover home page. Easily browse through all available asset classes and the newest, trending and most traded instrument offerings.
- New Symbol Search page. Get better search and display results thanks to an enhanced search algorithm.
- New Watchlist tab. Keep tabs on the instruments you are most interested in by easily adding or removing your frequently traded products. The update includes a new search bar and an Edit button for improved navigation.
- Performance improvements and optimizations.

Amazon 20:1 Stock Split – why is it good news for traders?
Did you have Amazon in your watchlist, but weren’t brave enough to hit that buy or sell button due to its high share price? Fear no more - Amazon.com had a 20:1 stock split on 3rd June meaning you can now trade it at a much more affordable price, freeing up your available margin and allowing you greater flexibility in your trading.
And remember, at FXCM you can go long or short easily and trade in fractional shares, creating even greater flexibility to open the trade size you want when you speculate on the movement of stocks.
For example, instead of buying one share of Amazon at $125, you can trade in increments of 1/10th of Amazon stock. By further applying leverage, the barriers for entry is much lower than the pre-split price of $2,500. That is quite a difference!
Interested to learn more on how do Stock Splits work on FXCM platforms? Check out our “Stock Split Treatment” Help article.
Client Service Stats
We know you expect a stellar service. Take a look at the client service response times across the FXCM Group in the month of May.
Source: FXCM Service data, review period: May 2022.
56 seconds
Average time to answer your call.
2 seconds
Average wait time for live chat support.
Top Traded in May
Find out top traded instruments by trading volume during May 2022 across the FXCM Group.
Top 5 across all markets
SYMBOL | |
1 | USD/JPY Spot FX |
2 | XAU/USD Spot Gold |
3 | EUR/USD Spot FX |
4 | US30 E-Mini Dow Futures |
5 | GBP/USD Spot FX |
Top 5 Stocks
SYMBOL | |
1 | TSLA.us Tesla Motors Inc. |
2 | PYPL.us PayPal |
3 | AAPL.us Apple |
4 | BYDC.hk BYD.co |
5 | AMZN.us Amazon.com |
FXCM Group Awards
BEST ZERO COMMISSION BROKER
2022
ADVFN
BROKER OF THE YEAR
2021
Ultimate Fintech Awards
BEST FX PLATFORM
2021
Personal Wealth
BEST CUSTOMER SERVICE
2021
Ultimate Fintech Awards