jasonrogers's Beiträge - Seite 8

Forex Contest FXCM in Wettbewerbe Nov 04, 2014 at 19:43

Hi Cholipop,What you have pointed out actually highlights a unique advantage of FXCM's MT4 setup. 😄If you received an "off quotes" message, then it most likely means that the price that was available in the market to fill your order was outside your specified Maximum Deviation range. The "off quotes" message lets you know that the order was cancelled to protect you from negative slippage beyond your accepted tolerance.On the MT4 platforms of some brokers, the Maximum Deviation feature might not be available at all, and with others if it is available, then it can...

Forex Contest FXCM in Wettbewerbe Nov 04, 2014 at 19:43

Your trades could have been closed automatically if your account equity fell below the margin requirements for your open trades. All demo accounts in this contest use the default USD margin requirements for FXCM UK accounts which allow for up to 200:1 leverage to magnify gains and losses.To view the margin requirements table for your contest demo account, go to this page and click on the USD tab, since all contest demos are denominated in US dollars: http://bit.ly/1twtIev

Forex Contest FXCM in Wettbewerbe Nov 04, 2014 at 19:43

This link will allow you to see how your fellow contestant are doing throughout the contest: http://www.myfxbook.com/contests/forex-contest-fxcm/25/competitors

Forex Contest FXCM in Wettbewerbe Nov 04, 2014 at 19:42

This link will allow you to see how your fellow contestant are doing throughout the contest: http://www.myfxbook.com/contests/forex-contest-fxcm/25/competitors

Forex Contest FXCM in Wettbewerbe Nov 04, 2014 at 19:42

All demo accounts for this contest start with $50,000 and the same margin requirements apply for all contestants regardless of where you live. That means the only limit on your trade sizes is the margin that's available in your account.

Forex Contest FXCM in Wettbewerbe Nov 04, 2014 at 16:03

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: http://bit.ly/1ib16p0

Forex Contest FXCM in Wettbewerbe Nov 04, 2014 at 16:02

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

Forex Contest FXCM in Wettbewerbe Nov 04, 2014 at 16:02

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.http://i.imgur.com/Jx5a15q.png

Forex Contest FXCM in Wettbewerbe Nov 04, 2014 at 15:22

Yes, the contest start at 9am New York Time on Monday, November 3rd.

Forex Contest FXCM in Wettbewerbe Nov 03, 2014 at 21:43

Hi @islammanjurul FXCM's compensation used to be included as a part of the spread. With our new pricing model, you can now trade on the raw FX spreads directly from 10+ liquidity providers and our compensation is the transparent commission. Our new forex pricing reduces the EUR/USD transaction cost by up to 60% compared to previous typical spreads.http://i.imgur.com/Ow1CCbv.pngRaw FX spreads also have the added benefit that the market does not have to move as much in your favor to fill your limit (take profit) orders, because there is no pip markup to the bid and ask prices displayed on...

Forex Contest FXCM in Wettbewerbe Nov 03, 2014 at 21:22

If you're not seeing any symbols in the Market Watch window, right click anywhere over the window and select "Show All" in the menu. This will display all symbols available for trading.Jason

Forex Contest FXCM in Wettbewerbe Nov 03, 2014 at 21:21

@SBCapital Please see the official contest rules http://www.myfxbook.com/contests/forex-contest-fxcm/25/rules. There is no disqualification rule based on lot size.Jason

Forex Contest FXCM in Wettbewerbe Nov 03, 2014 at 21:16

@garudaku The server address is FXCM-USDDemo01. This is the server that should be listed in the registration information sent from MyFXBook.Jason

Forex Contest FXCM in Wettbewerbe Nov 03, 2014 at 21:14

@goldgod What volume are you trying to trade? XAG/USD is traded in volume increments of 50. For example, 50, 100, 150, etc. If you volume is not in an increment of 50, then the Sell/Buy buttons in the order window will not activate.

Forex Contest FXCM in Wettbewerbe Nov 03, 2014 at 21:08

Hi @Cholipop As @amelabs mentioned, this was explained in the second post on the thread, but to reiterate:The Bid and Ask prices you see in the Market Watch window of your contest demo account are the best bid and ask prices being quoted from among 10+ competing liquidity providers on our No Dealing Desk (NDD) forex execution. Those are the actual quotes available to you to execute your trades on our new pricing.However, the MT4 charts still show our old pricing, because many clients on these servers have not yet been upgraded to the new pricing (the transition is being done region by region t...

Forex Contest FXCM in Wettbewerbe Nov 03, 2014 at 16:09

Hi Huckleberry,What size volume are you trying to trade for XAGUSD?Jason

Forex Contest FXCM in Wettbewerbe Nov 03, 2014 at 15:57

Hi @naturallycurly82 All of the majors are available to trade in the contest demo. The demo contains all 57 currency pairs available in live accounts and 24 CFD products (not available for US residents in a live account). If you're not seeing the entire list, please right click anywhere over the Market Watch window and select 'Show All' to ensure the entire list is being displayed.Jason

Forex Contest FXCM in Wettbewerbe Nov 03, 2014 at 15:25

@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 navi...

Forex Contest FXCM in Wettbewerbe Nov 03, 2014 at 14:04

Hi Cholipop,It is 9am in NY now. Please keep in mind that daylight savings time in the US meant the time moved back by 1 hour. The contest has now started and trading is active. If you the market watch window is not active for you, please log out and log back in to the platform.Let me know if you have any questions.Jason

Forex Contest FXCM in Wettbewerbe Nov 03, 2014 at 13:30

The contest has not yet started. Please see the official rules:The Contest starts at 09:00 AM (Eastern Time) on Monday, November 3rd, 2014 and ends at 17:00 PM (Eastern Time) on Monday, December 1st, 2014.It is currently only 8:30am ET so we still have another 30 minutes of open registration until the contest officially starts.Good luck to everyone in the contest!

EURUSD	1.07234	GBPUSD	1.26873	AUDUSD	0.6658
USDJPY	159.408	USDCAD	1.366	USDCHF	0.893

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