DislikedHi Jason, What is your AUDDEMO01 Daily Close Time use ? NewYork London or Australia ? Why the Opening and close is different with FXPRo NewYork Close chartIgnored
The AUDDEMO01 server time is set to New York close.
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DislikedHi Jason, What is your AUDDEMO01 Daily Close Time use ? NewYork London or Australia ? Why the Opening and close is different with FXPRo NewYork Close chartIgnored
Disliked{quote} Haha I had 8 in a row once. There is sometimes a difference in price between their tradestaion 2 and their MT4 but I haven't checked what the disparity means for the bottom line.. I'm not familiar with Oanda, would be interested in how you get on with Ninja trader as never looked at it.Ignored
Disliked{quote} Hi DailyChart, The AUDDEMO01 server time is set to New York close.Ignored
Disliked{quote} I tried Ninjatrader with their demo account, it's way better execution on market orders, there is no failed execution no matter how fast I click buy/sell or close orders use market execution.Ignored
Disliked{quote} Hi Jason I find that the daily open and close price are different with FXPro even both of you claimed daily close at newyorkIgnored
Disliked{quote} Hi DailyChart, Forex prices from broker to broker will follow each other closely, but they will not be exactly the same because the FX market is decentralized. FXCM works with a number of liquidity providers that include banks and financial institutions, and those banks and financial institutions stream through a direct feed of executable prices to FXCM. Our pricing engine selects the best buy and sell price which is they displayed on the platform. Brokers may have relationships with various financial institutions for pricing so pricing...Ignored
For instance, to open a position for EUR/USD the MMR (initial margin required) is 33.30
Let's assume I have £100 in my account.
Does this mean the position would get auto closed once my available margin is below 49.95, such as when the market moves against me and equity falls?
50% of 33.30 is 16.65, I have used 33.30 for MMR to open EUR/USD order, leaving account with 66.70 available margin.
Takeaway the 50% of MMR for that position (value of 16.65), so the closeout rule will trigger if available margin is 49.95 (16.65 + 33.30) or less? Do I understand this right?
DislikedHello Everyone Please note the CFD holiday trading hours for Monday, 27 May due to the Memorial Day holiday. There are no changes to FX trading hours. {image} Have a great weekend! JasonIgnored
DislikedAre there still any "Jasons" around? His/Her last appearance here was in May.Ignored