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Demo trading with CitiFx pro

  • #1
  • First Post: Nov 17, 2008 3:10am Nov 17, 2008 3:10am
Hey everyone,

I've been using CitiFX pro to demo trade, and there's one bit I don't understand. When viewing your account summary - is it normal for your account value to alter w/o any open positions? I mean how does that work? I know for a fact that everything is closed & the account value's still moving!

Ty,

Cricket
  • #2
  • May 13, 2011 12:50am May 13, 2011 12:50am
Something has got to be still open, if the account balance is changing in real-time as you say. It would not make any sense for the balance to move, when there is nothing there to move it.

De-install, re-install and attempt to replicate. The Saxo platform is rather large, when compared to some of the others on the market. If you can replicate the problem AFTER you de/re install, then I'd say that at least on your box, you have discovered a localized bug. I've never heard of this happening on any trading platform.
  • #3
  • May 13, 2011 2:29am May 13, 2011 2:29am
Quoting cricket
Hey everyone,

I've been using CitiFX pro to demo trade, and there's one bit I don't understand. When viewing your account summary - is it normal for your account value to alter w/o any open positions? I mean how does that work? I know for a fact that everything is closed & the account value's still moving!

Ty,

Cricket
How fast is it moving? Maybe you are receiving interest on your account balance? Or perhaps your account is in one currency and the summary tries to convert it to another currency, and the change you observe is a result of conversion?
  • #4
  • May 22, 2011 2:44pm May 22, 2011 2:44pm
If I remember correctly, when I first tried the platform I noticed that too. I made sure first that there were no open trades in the Open Trades section. When I did that, there wasn't. It appeared that it only shows the account value fluctuating to provide information if you left your trade(s) running for that day. By the end of the trading day (I believe NY 5PEST), the fluctuation stopped "moving" and the balance / equity settles on your actual closing for the day; assuming you have no open trades for sure.

Update: Just noticed this was an old post...oh well, still valid.

Quoting cricket
Hey everyone,

I've been using CitiFX pro to demo trade, and there's one bit I don't understand. When viewing your account summary - is it normal for your account value to alter w/o any open positions? I mean how does that work? I know for a fact that everything is closed & the account value's still moving!

Ty,

Cricket
  • #5
  • Last Post: May 31, 2011 12:46am May 31, 2011 12:46am
to the first two responders,
the first post was written way back 2008.
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