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  • #7,841
  • Jul 15, 2015 12:08pm Jul 15, 2015 12:08pm
Quoting Jason Rogers
{quote} Have you considered using a platform other than MT4? FXCM offers other platforms with back testing capabilities.
Thanks for the tip Jason. It will demand a study of the specifics of these platforms and compatibility problems. Are the platforms in an MT4 compatible code ? or do we need to rewrite the EAs ? Etc Etc.

The good news: My friend and me, finally after 2 days of nearly nonstop experimenting, solved the problem. My friend wrote a script to add x hours to the time of the downloaded data from the "Historical Data Down-loader" in order to get them in sync with the FXCM MT4 USDReal02 server time .... Whew !!!
If other people here need help with this problem, please ask Jason to send me an email.
  • #7,842
  • Jul 15, 2015 3:00pm Jul 15, 2015 3:00pm
And, Jason, what is commission per side for 1m on FXCM institutional? Does it depend on volume?
  • #7,843
  • Jul 15, 2015 3:18pm Jul 15, 2015 3:18pm
Whats the deal with insured funds and are funds insured in Australia?
Never said I was Batman,all I'm saying is you'll never see us together.
  • #7,844
  • Jul 15, 2015 4:02pm Jul 15, 2015 4:02pm
Quoting Nabz
{quote} What about FXCM UK?
FXCM UK is regulated by the FCA (Financial Conduct Authority) and client funds are segregated in accordance with UK client money rules. Furthermore, the funds of each FXCM UK client are insured for up to £50,000 by the FSCS (Financial Services Compensation Scheme).
  • #7,845
  • Edited 4:19pm Jul 15, 2015 4:07pm | Edited 4:19pm
Quoting headfake
Whats the deal with insured funds and are funds insured in Australia?
FXCM Australia is regulated by ASIC (Australian Securities and Investments Commission) and client funds are segregated in accordance with Australian client money rules. However, unlike in the UK or Canada, forex accounts in Australia are not insured.
  • #7,846
  • Jul 15, 2015 4:15pm Jul 15, 2015 4:15pm
Quoting CatMan
{quote} Thanks for the tip Jason. It will demand a study of the specifics of these platforms and compatibility problems. Are the platforms in an MT4 compatible code ? or do we need to rewrite the EAs ? Etc Etc.
Trading Station uses the Lua programming language and NinjaTrader uses C#. If you need help converting your code to these language, you can reach out to our Programming Services department: http://bit.ly/1pmnWsB

Quoting CatMan
The good news: My friend and me, finally after 2 days of nearly nonstop experimenting, solved the problem. My friend wrote a script to add x hours to the time of the downloaded data from the "Historical Data Down-loader" in order to get them in sync with the FXCM MT4 USDReal02 server time .... Whew !!! If other people here need help with this problem, please ask Jason to send me an email.
I'm glad you were able to resolve that issue with the times, and thank you for offering to share your solution.

I wonder if the time difference you saw had to do with the fact that our USD MT4 servers are set to the time zone GMT+3, so that the daily candles are in sync with the 5pm New York Close: http://www.forexfactory.com/showthre...71#post7444971
  • #7,847
  • Jul 15, 2015 4:24pm Jul 15, 2015 4:24pm
Quoting M967
Hello Jason, On FXCM site I saw "The minimum deposit to open Custodial Account is $250,000" can you explain it more in detail, how it works?
Hi M967,

The custodial account is a setup that works in conjunction with the bank. While I'm not familiar with all the particulars, our Active Trader department could discuss this option with you.

Quoting M967
And, Jason, what is commission per side for 1m on FXCM institutional? Does it depend on volume?
Yes, the commissions at the institutional level would depend on your trading volume. I've just sent you a private message with the contact info of one my colleagues in our Active Trader department who can address your questions about commissions and custodial accounts in more detail.
  • #7,848
  • Jul 15, 2015 6:19pm Jul 15, 2015 6:19pm
Quoting Jason Rogers
{quote} FXCM Australia is regulated by ASIC (Australian Securities and Investments Commission) and client funds are segregated in accordance with Australian client money rules. However, unlike in the UK or Canada, forex accounts in Australia are not insured.
I'm based in nz could I open a uk account ?Thanks
Never said I was Batman,all I'm saying is you'll never see us together.
  • #7,849
  • Jul 15, 2015 7:03pm Jul 15, 2015 7:03pm
Quoting Jason Rogers
{quote} Hi M967, The custodial account is a setup that works in conjunction with the bank. While I'm not familiar with all the particulars, our Active Trader department could discuss this option with you. {quote} Yes, the commissions at the institutional level would depend on your trading volume. I've just sent you a private message with the contact info of one my colleagues in our Active Trader department who can address your questions about commissions and custodial accounts in more detail.
for your u.k. accounts what will the margin be for a $1 million dollar account, would it still be 100:1 or will it drop?
  • #7,850
  • Edited 9:18pm Jul 15, 2015 7:40pm | Edited 9:18pm
Quoting Jason Rogers
{quote} I wonder if the time difference you saw had to do with the fact that our USD MT4 servers are set to the time zone GMT+3, so that the daily candles are in sync with the 5pm New York Close: http://www.forexfactory.com/showthre...71#post7444971

Catman, thank you for catching this error.

Jason, it appears to me that you either have an error in your time stamps on your historical data or your Historical Data Downloader has a programming flaw. I am observing the same error as Catman. I set the UTC offset to be the same as my live offset feed (0), but the live bar and the downloaded bar are off three hours. This makes FXCM's historical data largely useless, at least for me, unless I am missing something. My live accounts are on MT4USDREAL09

Jason, I wonder what time zone your historical data is based on? Does it adjust for DST or is it a raw UTC adjusted feed?
  • #7,851
  • Jul 16, 2015 7:26am Jul 16, 2015 7:26am
Quoting nonlinear
{quote} Catman, thank you for catching this error. Jason, it appears to me that you either have an error in your time stamps on your historical data or your Historical Data Downloader has a programming flaw. I am observing the same error as Catman. I set the UTC offset to be the same as my live offset feed (0), but the live bar and the downloaded bar are off three hours. This makes FXCM's historical data largely useless, at least for me, unless I am missing something. My live accounts are on MT4USDREAL09 Jason, I wonder what time zone your historical...
I will ask my friend Thomas if he allows me to share his script with you. Or if he wants to be in contact with you directly. The script allows you .... after you download the hist data in a txt file with the download manager, and before you import them with the "history center" in MT4 ... to correct the time of all the candles with x hours. (in my case I needed +3 hours). Because I downloaded entire 2015 till now in 1 min bars ... I had about 15.000.000 bars and the script needed on my laptop about 45 minutes to change the time on all the bars in the txt file.
I noticed also that you have to use the download manager very precise. Look at the exact time (at the minute) of the first 1 min bar that is already in your chart and download exactly to that bar. Otherwise you will have a part of you chart 2 times ...or a gap. If I can help we can share screens etc.
To control if your downloaded bars are "in Sync" with the rest of your chart...you can use a trick.
Go in the download manager and select the bars of a day you have already before the import. (always 1 min bars and use the 1st day of the chart) and take a screenshot of the period separator part of that day to the next. After the import (in witch the deleted day is included and thus the last day) look again to the day period separator part of the chart and compare the candles. hahahaha .... is it the same ?
  • #7,852
  • Jul 16, 2015 7:48am Jul 16, 2015 7:48am
Thanks Catman, I might as well go back to using Ticskstory, never had issues like this. Maybe a few odd or missing M1 bars here and there but nothing like this.
  • #7,853
  • Edited 2:37pm Jul 16, 2015 2:15pm | Edited 2:37pm
Quoting headfake
{quote} I'm based in nz could I open a uk account ?Thanks
Yes, as a resident of New Zealand you can choose to open your account with FXCM UK if you prefer. Our website may automatically redirect you to FXCM Australia, so I've sent you a private message with a direct link to the FXCM UK app instead.
  • #7,854
  • Jul 16, 2015 3:42pm Jul 16, 2015 3:42pm
Quoting PoundTrader
{quote}for your u.k. accounts what will the margin be for a $1 million dollar account, would it still be 100:1 or will it drop?
Great question, PT

I followed up with the head of our Active Trader department and this is the info he gave me:

Accounts in excess of $1,000,000 often have custom setups. In most cases, 100:1 leverage is the default setting, but there are cases where NOP (Notional Open Positions) limitations take effect. The most common custom settings are:

  1. Maximum NOP

  2. Overnight NOP

  3. NOP held past close of trading on Friday.

For larger accounts, we prefer to discuss trading habits, pairs, etc prior to the initial trade. We are able to structure all aspects of the account to cater to client needs while still limiting excessive risk. For example, a trader who is high frequency during London hours, wishes to take on additional risk in these trades but does not carry trades overnight/weekend might have a very low overnight NOP but an even higher leverage setting.


If anyone is interested to find out how we would set up an account for their particular needs, please feel free to have them contact me direct. Thanks again.



If you would like to speak with my colleague directly, send me a private message and I’ll arrange a follow up for you.
  • #7,855
  • Jul 16, 2015 3:58pm Jul 16, 2015 3:58pm
Quoting nonlinear
Jason, it appears to me that you either have an error in your time stamps on your historical data or your Historical Data Downloader has a programming flaw. I am observing the same error as Catman. I set the UTC offset to be the same as my live offset feed (0), but the live bar and the downloaded bar are off three hours. This makes FXCM's historical data largely useless, at least for me, unless I am missing something. My live accounts are on MT4USDREAL09 Jason, I wonder what time zone your historical data is based on? Does it adjust for DST or is...
Quoting CatMan
{quote} I will ask my friend Thomas if he allows me to share his script with you. Or if he wants to be in contact with you directly. The script allows you .... after you download the hist data in a txt file with the download manager, and before you import them with the "history center" in MT4 ... to correct the time of all the candles with x hours.
There seems to be some confusion here. There is no error in with the time stamps on our historical data. As I mentioned previously, our USD MT4 servers are set to the time zone GMT+3, so that the daily candles are in sync with the 5pm New York Close: http://www.forexfactory.com/showthre...71#post7444971

The means when you download the data from HDD, you must set the GMT/UTC offset accordingly as shown below.

Attached Image (click to enlarge)
Click to Enlarge Name: Image2.png Size: 17 KB
  • #7,856
  • Jul 16, 2015 7:22pm Jul 16, 2015 7:22pm
Quoting Jason Rogers
{quote} Yes, as a resident of New Zealand you can choose to open your account with FXCM UK if you prefer. Our website may automatically redirect you to FXCM Australia, so I've sent you a private message with a direct link to the FXCM UK app instead.
Thanks
Never said I was Batman,all I'm saying is you'll never see us together.
  • #7,857
  • Jul 16, 2015 11:08pm Jul 16, 2015 11:08pm
Quoting Jason Rogers
{quote} Great question, PT I followed up with the head of our Active Trader department and this is the info he gave me: Accounts in excess of $1,000,000 often have custom setups. In most cases, 100:1 leverage is the default setting, but there are cases where NOP (Notional Open Positions) limitations take effect. The most common custom settings are: Maximum NOP Overnight NOP NOP held past close of trading on Friday. For larger accounts, we prefer to discuss trading habits, pairs, etc prior to the initial trade. We are able to structure all aspects...
  • #7,858
  • Jul 17, 2015 3:40am Jul 17, 2015 3:40am
Quoting Jason Rogers
{quote} {quote} There seems to be some confusion here. There is no error in with the time stamps on our historical data. As I mentioned previously, our USD MT4 servers are set to the time zone GMT+3, so that the daily candles are in sync with the 5pm New York Close: http://www.forexfactory.com/showthre...71#post7444971 The means when you download the data from HDD, you must set the GMT/UTC offset accordingly as shown below. {image}
Sorry Jason ... but this I of course tried. It does not give the shift in time that we need. It simply puts a delay in the last download bar of x hours (it creates a gap in the downloaded data). You can control this by downloading the same data set with different "Offset from UTC" settings and than compare the Chart Period separator candles of the last day that you downloaded...with the trick I explained higher in post 7853 . You will see that the data are NOT in sync with the GMT+3 server. I asked my friend if I am allowed to share his script that he wrote specially for this ... I will get an answer this morning.
  • #7,859
  • Edited 10:16am Jul 17, 2015 6:43am | Edited 10:16am
OMG !!! I got a tip from Nonlinear to compare the candles .... between Live feed of the USDReal02 server and the Download Manager candles ... and they are different indeed !!! Not due to the script ... because the only thing the script does is adding 3 to the time stamp of the candle.
For example an candle : 2015.07.14,03:39,1.10087,1.10096,1.10086,1.10091,50 becomes : 2015.07.14,06:39,1.10087,1.10096,1.10086,1.10091,50
But the candles downloaded simply differ from the Live feed .... What is the purpose of this ??? Manipulation ??? The only reason why I did all the afford to download and import the data from the Download Manager in to my platform (it took me 2 days!!!) is to have the real data from my specific FXCM broker ... and now I have to find out that he send me other data .... I am really getting enough of these games !!! Jason ...
Attached Image (click to enlarge)
Click to Enlarge Name: fxcm DATA DOWNLOAD MANAGER DIFF !!!!!.jpg Size: 180 KB
  • #7,860
  • Jul 17, 2015 11:24am Jul 17, 2015 11:24am
Catman, did you download bars based on the bid?
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