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FXCM Discussion

  • #8,481
  • Jan 22, 2016 12:48pm Jan 22, 2016 12:48pm
Quoting Kanzler
Probably already addressed in this gigantic thread but what happened to tick data on trading station? It's greyed out and has no options in marketscope on live or demo.
Hi Kanzler,

Where are you seeing the tick data greyed out on Marketscope? Did you go to "File > Create Chart" and select "t1" for the Period?
  • #8,482
  • Jan 22, 2016 1:49pm Jan 22, 2016 1:49pm
Quoting Jason Rogers
{quote} Hi Kanzler, Where are you seeing the tick data greyed out on Marketscope? Did you go to "File > Create Chart" and select "t1" for the Period?
Hi Jason...odd, seems to be working now. When I posted I was using Chart > Show Data Range > Tick...all of the options were greyed out at that time. Now they appear and the solution you presented works fine too. Thanks!
  • #8,483
  • Jan 22, 2016 4:58pm Jan 22, 2016 4:58pm
Hello i want to sign for a mini account on FXCM. I've read that they only give mini accounts with dealing desk. Does somebody has experience with dealing desk on FXCM? I need my orders to be set correctly and a broker that doesn't cheat on me.

Or is it possible to change to a NDD Account with just 500 dollar?
  • #8,484
  • Jan 22, 2016 10:50pm Jan 22, 2016 10:50pm
I would also like to know if it's possible to open a standard ECN account with less initial deposit e.g £200 pound just to try out the system before making full deposit
  • #8,485
  • Jan 23, 2016 12:02pm Jan 23, 2016 12:02pm
Quoting nprevert
I would also like to know if it's possible to open a standard ECN account with less initial deposit e.g 200 pound just to try out the system before making full deposit
NO
  • #8,486
  • Jan 23, 2016 3:47pm Jan 23, 2016 3:47pm
http://www.zerohedge.com/news/2016-0...ll-be-arrested

"Anyone Using New York City Roads After 2:30pm Will Be Arrested

Congratulations New Yorkers: moments ago not only did your local authorities ban all travel starting at 2:30pm...

  1. CUOMO: PORT AUTHORITY ISSUED TRAVEL BAN ON G. WASHINGTON BRIDGE
  2. CUOMO: PORT AUTHORITY ISSUED BAN ON LINCOLN, HOLLAND TUNNELS
  3. CUOMO: PORT AUTHORITY ISSUED BAN ON BAYONNE, GOETHALS BRIDGES
  4. MTA TO SUSPEND LIRR, METRO-NORTH SERVICE AS OF 4PM
  5. CUOMO: PORT AUTHORITY ISSUED BAN ON OUTERBRIDGE CROSSING

... but the local police announced that anyone using New York roads after that time will be arrested on the spot, like the vile criminal filth they are."

Poor Jason may already be in the can.

If you are new to FX don"t follow my trades, I 've blown many live accounts
  • #8,487
  • Jan 25, 2016 4:39am Jan 25, 2016 4:39am
  •  penang
  • | Joined Aug 2009 | Status: Read my lips...Money Management | 15 Posts
The commission column on the Open Positions tab is no longer available.......does anyone also have this "problem"? Chatting with FXCM's representatives is a waste of time on this matter as they are unaware of this problem................
  • #8,488
  • Jan 25, 2016 9:20am Jan 25, 2016 9:20am
Quoting Jason Rogers
{quote} Thanks for the update, Ljh. You and your friend can send those screen shots to techsupport (at) FXCM [dot] com
Hi Jason - could you contact me offline please re above

Thanks
  • #8,489
  • Jan 25, 2016 2:24pm Jan 25, 2016 2:24pm
Quoting Kanzler
{quote} Hi Jason...odd, seems to be working now. When I posted I was using Chart > Show Data Range > Tick...all of the options were greyed out at that time. Now they appear and the solution you presented works fine too. Thanks!
Thanks for the update, Kanzler. I'm glad you can access the tick charts again
  • #8,490
  • Jan 25, 2016 2:58pm Jan 25, 2016 2:58pm
Quoting Mbt
Hello i want to sign for a mini account on FXCM. I've read that they only give mini accounts with dealing desk. Does somebody has experience with dealing desk on FXCM? I need my orders to be set correctly and a broker that doesn't cheat on me. Or is it possible to change to a NDD Account with just 500 dollar?
Hi Mbt,

In order to trade on our No Dealing Desk (NDD) forex execution, you must set up a standard FXCM account, and the minimum to open this account type is $2000. However, with as little as $50, you can open a mini account on DD execution. What sets us apart from some brokers offering a DD option is that we also offer an NDD option for our clients.

Transparency has always been at the core of everything we offer at FXCM. While other brokers don't tell you what the restrictions are with their execution and you end up finding the hard way, FXCM provides you all the information you need to make the right decision and have an excellent trading experience that meets your expecations.

On the DD option, we will face market risk as a result of entering into trades with clients. Because of this risk, FXCM needs to implement certain restrictions* during news events. Additionally, we may take steps to mitigate the risk arising from market making more effectively by transferring your underlying account to our NDD offering. FXCM may also choose to transfer your account to NDD should the equity in your account balance exceed the 10k maximum.

That means, we don't have to resort to the dealer practices about which you have expressed concerns, and you can have confidence in trading your FXCM account regardless of the account type you choose.


* The typical 2-5 pip minimum distance from current market rate for stop and limit orders on DD accounts could increase to upwards of 10 pips. Note that NDD accounts with FXCM have no such restrictions regarding order placement.
  • #8,491
  • Jan 25, 2016 3:33pm Jan 25, 2016 3:33pm
Quoting nprevert
I would also like to know if it's possible to open a standard ECN account with less initial deposit e.g 200 pound just to try out the system before making full deposit
Hi Nprevert,

While the minimum to open a standard FXCM account with No Dealing Desk (NDD) forex execution is 2k, it's worth noting that the minimum trade size is only 1k or one micro lot where you're risking about 10 cents per pip. If your goal is to test our NDD execution on small size before trading more, then you can do so by trading micro lots exclusively until you're confident placing larger orders.
  • #8,492
  • Jan 25, 2016 3:36pm Jan 25, 2016 3:36pm
Quoting mclon
Poor Jason may already be in the can.
Hi Mclon,

Thankfully, I was able to stay safe indoors all weekend.
  • #8,493
  • Jan 25, 2016 3:42pm Jan 25, 2016 3:42pm
Quoting penang
The commission column on the Open Positions tab is no longer available.......does anyone also have this "problem"? Chatting with FXCM's representatives is a waste of time on this matter as they are unaware of this problem................
Hi Penang,

I believe the missing commission column on your platform has to do with your specific account settings. For example, I can see the Comm column on Trading Station when logged into the trading accounts which I trade manually. However, when I log into my automated trading accounts using the read-only login, I don't see the Comm column. Please send me a private message telling me the email address we have on file for your account. I'll take a look at the settings of your account for you.
  • #8,494
  • Jan 25, 2016 3:45pm Jan 25, 2016 3:45pm
Quoting Ljh
{quote} Hi Jason - could you contact me offline please re above Thanks
Hi Ljh,

I just sent you a message.
  • #8,495
  • Jan 25, 2016 5:03pm Jan 25, 2016 5:03pm
Quoting Jason Rogers
{quote} Hi Nprevert, While the minimum to open a standard FXCM account with No Dealing Desk (NDD) forex execution is 2k, it's worth noting that the minimum trade size is only 1k or one micro lot where you're risking about 10 cents per pip. If your goal is to test our NDD execution on small size before trading more, then you can do so by trading micro lots exclusively until you're confident placing larger orders.
Hi Jason,

Thanks for your reply, I already have a DD account with Oanda and doing pretty well with it but I don't like the idea of your broker at the other side of the trade as it's simply gambling to me that's why I'm interested in NDD account where you have actual trade taking place, anyway would it be against your TOS if I make a initial 2k deposit just to activate the account and take out most of the money after that.

Thanks
  • #8,496
  • Jan 25, 2016 6:54pm Jan 25, 2016 6:54pm
Quoting Jason Rogers
{quote} Hi Mclon, Thankfully, I was able to stay safe indoors all weekend.

​Good to hear you're ok, cheers.
If you are new to FX don"t follow my trades, I 've blown many live accounts
  • #8,497
  • Jan 25, 2016 8:09pm Jan 25, 2016 8:09pm
Jason,

Is there no way to increase the max number of symbols in trade station?

Thanks,

Slade
  • #8,498
  • Jan 26, 2016 4:36pm Jan 26, 2016 4:36pm
You're discontinuing USDHKD, what a joke!
You've been offering it tough while pegged.
Time for me to give up completely on Fxcm.
You can't be serious, that's why you're losing your institutional accounts.
A company yielding dividends at 20.34% it's just bad karma to trade with. Even if trading implies nothing but a dime. You're yielding junk and will cover anyone in it.
  • #8,499
  • Jan 26, 2016 5:18pm Jan 26, 2016 5:18pm
Quoting hatzius
You're discontinuing USDHKD, what a joke!

I'm sorry you feel that way, Hatzius, but we believe there is a chance of disruption and highly illiquid conditions in the coming weeks on the USD/HKD and USD/CNH currency pairs. In an effort to mitigate customer losses FXCM will make the following updates to our offering:

  1. A 200K maximum order size restriction will be placed on the USD/CNH starting January 29, 2016.
  2. FXCM will discontinue the USD/HKD offering. On February 26, 2016 all USD/HKD open positions will be liquidated after market close and no new positions will be permitted.

  • #8,500
  • Jan 26, 2016 5:22pm Jan 26, 2016 5:22pm
I agree with Jason. This is a smart move on FXCMs part. Limiting the amount allowed to trade in USDCHN is also wise. There has been serious discussion of the peg being dropped on the HKD which would result in some possible extreme volatility. I, for one, think FXCM has been doing an exemplary job the last year!!
Mark ... Everything you have been told is a LIE
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