Discussion of the Forex Contest FXCM Forex Contest
Member Since Feb 27, 2014
1 posts
Nov 04, 2014 at 08:09
I wish good luck to everyone. Have fun and please learn for your mistakes !
Member Since Oct 06, 2014
10 posts
Nov 04, 2014 at 08:10
Im still unable to trade despite so many times i have asked for help - pls FXCM rep can you help me out ?
In trading the market is the BOSS - where it goes you follow
forex_trader_143395
Member Since Aug 08, 2013
11 posts
Nov 04, 2014 at 08:11
Where can you view the league table???
Member Since Jun 05, 2013
2 posts
Nov 04, 2014 at 08:12
Still trying to find page where we can see progress of all Contestants. If anyone has link, please post... THANKS!
Nov 04, 2014 at 09:04
SBCapital posted:amelabs posted:
Yo, cholipop! Do you not read the posts that come from FXCM, explaining why the spread on the chart is different from the spread in the market watch? The market watch quotes are the correct prices. The charts will reflect this at some future date, but not today. Live with it.
Dude you seem like you know what your on about, is there a max lot size rule or is it go for broke for a month and whoever has most money wins?
It looks like 500 lots is the biggest.
Nov 04, 2014 at 10:45
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
forex_trader_202879
Member Since Aug 07, 2014
406 posts
Nov 04, 2014 at 12:48
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.
Yes the rep did give a response about the difference between the price we see on our chart, and the price which we see on the market watch, but the sad reality is that the price which we fill is the market watch. Which means chart watching and sending pending orders very useless if you think about it.
I for one am a scalper, and I rely on the price which I see on the chart, not on the market watch. If the market watch is the true price, which it is, just make the chart price match it. In order to off set this little issue with fxcm, i simply use my brokers chart, and base my entry on fxcm based on what I have with my ecn broker.
forex_trader_202879
Member Since Aug 07, 2014
406 posts
Nov 04, 2014 at 12:52
Another thing is that FCXM (with this demo account) has a ton of off quotes. :( Not idel if your a scalper at all. I had to click buy 5 times until I got the lots I wanted to the buy side of UJ. :(
forex_trader_202879
Member Since Aug 07, 2014
406 posts
Nov 04, 2014 at 13:12
The leader of the contest has already hit 910% profit. :)
forex_trader_213024
Member Since Oct 22, 2014
2 posts
Nov 04, 2014 at 13:49
Hi Jason
I cannot login to my trading account.
Its giving me an invalid account notification.
I cannot login to my trading account.
Its giving me an invalid account notification.
Member Since Aug 07, 2013
3 posts
Nov 04, 2014 at 13:53
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
Me too cannot trade using my iphone....
