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What does fcm mean by two years?
Two-year fcm meaning: two-year commission merchant.

A commission agent refers to an intermediary organization established in accordance with the law to conduct futures trading on behalf of customers and charge a certain renewal fee, which is generally called a "futures brokerage company". As can be seen from the above, the commission merchant is the link between the customer and the exchange, and the customer can only participate in futures trading through the commission merchant.