Confirm what kind of stock exposure is actually offered
Brokers use the word 'stocks' loosely. Some offer real share ownership, others offer share CFDs or other derivatives that track a stock's price without giving you the underlying share. These are very different products with different costs, rights and risks. Before assuming anything about FXCM, open the instrument list and legal documents for your region and identify exactly which product category applies to you. If the product is a CFD, you do not own the share, you typically have no shareholder rights, and leverage may apply.
- Check whether the product is physical shares, share CFDs or another derivative for your specific country of residence.
- Read the key information document or product disclosure for the stock product before relying on any summary.
- Confirm which exchanges and individual tickers are listed in the current instrument list, not an older third-party article.
- If leverage is available, note the margin requirements and what happens in a margin close-out.

