Discussion of the Forex Contest FXCM Forex Contest

Oct 19, 2014 at 13:59
20,243 Visa
691 Replies
Medlem sedan Aug 07, 2013   3 inlägg
Nov 04, 2014 at 13:54
have the same problem wasn't able to trade using my iphone.
Medlem sedan Sep 29, 2014   7 inlägg
Nov 04, 2014 at 13:54
Layers posted:
RTdemo posted:

iOS Metatrader 4.

I can see my contest account inMT4 app on my iPhone and iPad ok, but cannot place any orders .. Window to place orders does not even open.
I can trade this account from PC fine.
I can trade other accounts MT4 iOS app ok too, only my contest account does not work.. (Restarted everything, but no luck)

Bummer, ... can trade only from PC at home ..

Anyone trading ok from iOS?

same problem here can trade from laptop ok but can't place or modify orders on iphone (MT4 App) which works fine with my normal broker

Yes, accounts with other brokers are ok on my Iphone/iPad.

I just noticed that the only pair available for trading on myiphone is EURCAD, and on iPad, this one and 2 other, that's all :).
All pairs are listed and show quotes, but TRADE function works only wiht these ...
if this is a matter of some server side setup, I hope FXCM sypport is reading this
Medlem sedan Oct 10, 2014   4 inlägg
Nov 04, 2014 at 14:37
Well. Using to devices at the same time may cause this constraint. Try to use one at a time.
Make money for life and make forex part of my life
Medlem sedan Aug 28, 2013   3 inlägg
Nov 04, 2014 at 14:37
Is there an easy way to find rank? Currently I'm browsing the all competitors list and didn't find my name anywhere :(
EURUSD for lunch , USDCAD for dinner
Medlem sedan Aug 28, 2013   3 inlägg
Nov 04, 2014 at 14:37
nvm. got it :D
EURUSD for lunch , USDCAD for dinner
Cholipop
forex_trader_202879
Medlem sedan Aug 07, 2014   406 inlägg
Nov 04, 2014 at 15:01
I´m up 15% in the contest. lol Now I only need to improve by 900% to catch the leader.
Medlem sedan Jul 02, 2014   22 inlägg
Nov 04, 2014 at 15:21
Cholipop posted:
 I´m up 15% in the contest. lol Now I only need to improve by 900% to catch the leader.

Where do you see the 900% ?

https://prntscr.com/52yayd
That's top 10
Medlem sedan Aug 12, 2009   272 inlägg
Nov 04, 2014 at 15:22
h3sri120478 posted:
The Contest already started?

Yes, the contest start at 9am New York Time on Monday, November 3rd.
Cholipop
forex_trader_202879
Medlem sedan Aug 07, 2014   406 inlägg
Nov 04, 2014 at 15:30
fxcatalin posted:
Cholipop posted:
 I´m up 15% in the contest. lol Now I only need to improve by 900% to catch the leader.

Where do you see the 900% ?

https://prntscr.com/52yayd
That's top 10

 What is the direct link to that Fxcatalin?
MyFxTrader
forex_trader_169857
Medlem sedan Dec 31, 2013   170 inlägg
Nov 04, 2014 at 15:33
Cholipop posted:
 I´m up 15% in the contest. lol Now I only need to improve by 900% to catch the leader.

That's a lot.. Many are down more than 15%.. 😉
MyFxTrader
forex_trader_169857
Medlem sedan Dec 31, 2013   170 inlägg
Nov 04, 2014 at 15:34
Cholipop posted:
fxcatalin posted:
Cholipop posted:
 I´m up 15% in the contest. lol Now I only need to improve by 900% to catch the leader.

Where do you see the 900% ?

https://prntscr.com/52yayd
That's top 10

 What is the direct link to that Fxcatalin?

https://www.myfxbook.com/contests/forex-contest-fxcm/25
Cholipop
forex_trader_202879
Medlem sedan Aug 07, 2014   406 inlägg
Nov 04, 2014 at 15:48
thanks sir :)
Medlem sedan Aug 12, 2009   272 inlägg
Nov 04, 2014 at 16:02
Forexangel posted:
what is this for commission, sometimes 6 USD somethimes 4 USD for one Lot, and on Top, 2 times commission for the same order
great, No reference for trade in Live here !!!

Hi Rainer,

The commission is charged per side. That means you pay the commission once when you open a trade, and again when you close it. It's worth noting that the commission is the only fee FXCM charges. You're trading on raw FX spreads from 10+ competing liquidity providers with any markups, so any spread cost you pay goes straight to them.

The commission for the 7 most popular currency pairs is $4 per standard lot, which is 1.00 in Volume on MT4, or 100K in Amount on Trading Station. The commission for all other currency pairs is $6 per standard lot.

Medlem sedan Aug 12, 2009   272 inlägg
Nov 04, 2014 at 16:02
fijianforex posted:
I can't place a trade....platform isnt working. i thought the competition has started.

Anyone facing the same thng?..... any solutions?

Hi FijianForex,

The contest started on Monday at 9am New York Time. Just now I successfully placed trades on a contest demo account using both MT4 and Trading Station and can confirm that my orders went through without any issues. Please tell me more about the tech issue you are facing. Are you using MT4 or Trading Station? Do you get any error messages?

Thanks,
Jason
Medlem sedan Apr 04, 2014   1 inlägg
Nov 04, 2014 at 16:03
327th at the moment, cant help but wonder how many entrants there are to this competition, anybody know?
Automate your income, earn more, work less.
Medlem sedan Aug 12, 2009   272 inlägg
Nov 04, 2014 at 16:03
Huckleberry posted:
Cholipop posted:
 FXCM thanks for creating a very sub pair contest. The market watch spread is .2 pips for EUR-USD right now, and on the chart it is 4 full pips. I won´t even waste my time placing trade with this broker. Good luck to everyone.

Choli, I too noticed that but what I didn't notice was that in the beginning of the thread that issue was addressed before the contest even started. However, the problem as I see it is this...the person making the post said that due to FXCM switching to a new pricing model and having to update the feeds by region, even though you see a wider spread, you're getting the tight spread. Well, I beg to differ. all of my trades so far have had wider spreads than listen in the market watch, the one click trading interface and my indicator that shows the spread in a nice easy to read number in the upper right hand of my chart. So while what they're saying makes sense about seeing a difference in the listed spread and the price action spread, the other thing they're saying about 'getting the true price(i.e. the lower spread)' doesn't seem to be true.

Unless of course it finalizes itself at the completion of the transaction once you close the position, but even if that's the case, it's still a hinderance as it affects peoples judgements and decisions.

Hi Huckleberry,

There seems to be some confusion here. The prices you see in the Bid and Ask columns of your Market Watch window are indeed the prices you can trade on, and those are raw FX spreads from 10+ competing liquidity providers without any markups. Is it possible that the indicator you mentioned is using prices from the MT4 charts instead of Market Watch window?

Note that unlike MT4 charts, the charts on Trading Station already reflect our new raw FX spreads. Your demo account login details will all you to place orders using both MT4 and Trading Station: https://bit.ly/1ib16p0
Cholipop
forex_trader_202879
Medlem sedan Aug 07, 2014   406 inlägg
Nov 04, 2014 at 16:36
autotakeprofit posted:
327th at the moment, cant help but wonder how many entrants there are to this competition, anybody know?

 You have over 42k members registered. At the moment you are doing well, but trust me you will need to earn over 900% to win this contest.
Medlem sedan Nov 30, 2013   23 inlägg
Nov 04, 2014 at 18:04
Cholipop posted:
autotakeprofit posted:
327th at the moment, cant help but wonder how many entrants there are to this competition, anybody know?

 You have over 42k members registered. At the moment you are doing well, but trust me you will need to earn over 900% to win this contest.

Dude, seriously, where are you getting your stats from?? The current FXCM comp has 3361 registered - https://www.myfxbook.com/contests Look under competitors for FXCM. Or (or https://www.myfxbook.com/contests/forex-contest-fxcm/25/rules) right under the banner.

And as at 4/11/2014 18:01 GMT the top trader is at 158% equity, not 900%
Cholipop
forex_trader_202879
Medlem sedan Aug 07, 2014   406 inlägg
Nov 04, 2014 at 18:49
jimloko posted:
Cholipop posted:
autotakeprofit posted:
327th at the moment, cant help but wonder how many entrants there are to this competition, anybody know?

 You have over 42k members registered. At the moment you are doing well, but trust me you will need to earn over 900% to win this contest.

Dude, seriously, where are you getting your stats from?? The current FXCM comp has 3361 registered - https://www.myfxbook.com/contests Look under competitors for FXCM. Or (or https://www.myfxbook.com/contests/forex-contest-fxcm/25/rules) right under the banner.

And as at 4/11/2014 18:01 GMT the top trader is at 158% equity, not 900%

 It is called JOKING. don´t get your panties in a bunch dude. Relax.
Medlem sedan Nov 30, 2013   23 inlägg
Nov 04, 2014 at 19:39
Ha, well you should have said 14,000% then :P
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