Discussion of the Forex Contest FXCM Forex Contest
Member Since Jan 23, 2014
4 posts
Nov 03, 2014 at 20:16
up to 2lots. working yet
one step ahead..
Member Since Sep 25, 2014
10 posts
Nov 03, 2014 at 20:16
but one question no one is replying - why the hell the FXCM is deducing lots a lots lots of commission for every trade i make???
forex_trader_143395
Member Since Aug 08, 2013
11 posts
Nov 03, 2014 at 20:16
CBFrazier am trading 10 but its rejecting... then tried 5 then rejecting and eventually got in... its not working at all correctly... it has plenty of margin so 8 lots be fine.. technically you should be able to trade 50 lots but I am getting the reject noise a lot which expect you are also getting
Nov 03, 2014 at 20:17
1 full gold contract uses only $4.00 of margin. Have tried varying volumes, but seems that orders are a couple of decimal places off, that is one contract is 'seen' as .01? Any one else seeing this? At this situation I can trade 1000 full contracts.
Member Since May 14, 2013
10 posts
Nov 03, 2014 at 20:17
What is going on with this commission bollox, this competition is one big fxxk up on FXCM
this dont look good at all
this dont look good at all
Member Since May 04, 2012
2 posts
Nov 03, 2014 at 20:18
calculate this commision.. only trading in 30 minuts..
Attachments:
Solusi Masa Depan Kita
Member Since Aug 15, 2014
2 posts
Nov 03, 2014 at 20:18
commisions ouch.............i think id rather pay a high spread....
Nov 03, 2014 at 20:18
jasonrogers posted:
@CBfrazier @multipair @koksidziwki @kaliistus
You may get an 'off quotes' or 'invalid price' message if the order price requested is no longer within your specified Maximum Deviation tolerance. Maximum deviation allows you to limit slippage on a trade, but the smaller maximum deviation is set the more likely the order might be rejected especially if prices are moving quickly.
I would suggest increasing the maximum deviation amount when placing the order. For example increasing the figure to 10 would allow 1 pip deviation. You can set the default max deviation size by navigating to Tools > Options > Trade at the top of the MT4 platform and setting a default amount. Remember that the MT4 platform is displaying amounts in fractional pips, so an amount of 1 would be 0.1 pips. An amount of 10 would be 1.0 pips.
It's worth noting that FXCM's MT4 platform is unique. We have enhanced the functionality of the Maximum Deviation feature of the platform, so that it only limits negative slippage, but not positive slippage. That means regardless of how high or how low you set your Maximum Deviation tolerance, your order will always get filled at the best available price from the liquidity providers and receive the full benefits of any positive slippage that's available.
Can you conform max lot sizes etc please?
Member Since Aug 27, 2013
3 posts
Nov 03, 2014 at 20:18
Guys started trading on the demo account. Thing is it doesn't record the trades here on my myfxbook account. I tried clicking the 'All history' option on the MT4 platform. Still nothing. Can anyone help with the problem.
Member Since Jul 27, 2012
28 posts
Nov 03, 2014 at 20:18
fxdiva posted:
I thought the demo account was supposed to start at $50,000. Mines started at $5,000 and my account is in AUD instead of USD.
That means you opened a separate demo account. They should have sent you an email after you signed up with the appropriate login info for this contest. Search your inbox and get that info, log in and choose demo_usd1 or something like that as the server and you're good to go.
