DislikedI noticed that FXCM's position management system is first in first out. Does FXCM UK operate like this as well? I live in the U.S. and have been demoing different brokers and haven't found this one feature.Ignored
Thanks for your question. I noticed you’re in the US. Regulation in the US requires that open trades are closed in a First In First Out (FIFO) manner.
FXCM UK traders can close positions in any order they choose, without any FIFO requirements. However, since you’re in the US, you would have to open your account with FXCM US for regulatory reasons as well.
I hope that helps Zuzch and let me know if you have more questions!
-Jason