To use chat, please login.
Back to contacts

FXCM évaluation


Score total : 3.5 / 5

Total des votes :
Plateforme
1
barème des prix
1
Service à la clientèle
1
Caractéristiques
1
1 - worst 5 - best

Discussion

iva1977 (iva1977)
Jun 25 2015 at 06:11
1 messages
between NY and AU session spread can unexpectedly be expanded in 10 times without any news!!! and will kill your profitable trade, I working with 2 brokers and only with FXCM I got this issue, so , I would recommend you to think at least twice before you will start to work. Spread working against your trade with this broker. From attached screenshot you can see how stop loss has been triggered on and the orders was filled with not the best available price on the market but just with some price proved by FXCM 'NDD' ? I showing screenshots from MT4 - FXCM and another global broker I working with, probably you can also check tick history taken from ECN brokers.

Pièces jointes


jasonrogers (jasonrogers)
Jun 26 2015 at 20:31
272 messages
iva1977 posted:
between NY and AU session spread can unexpectedly be expanded in 10 times without any news!!! and will kill your profitable trade, I working with 2 brokers and only with FXCM I got this issue, so , I would recommend you to think at least twice before you will start to work. Spread working against your trade with this broker. From attached screenshot you can see how stop loss has been triggered on and the orders was filled with not the best available price on the market but just with some price proved by FXCM 'NDD' ? I showing screenshots from MT4 - FXCM and another global broker I working with, probably you can also check tick history taken from ECN brokers.


@iva1977 it's important to note that the spread widening you mentioned did not occur at some random time. It was due to trade rollover which occurs at 5pm New York time every weekday, so it's not unexpected like you are suggesting.

That is the time when one trading day ends, and the next one begins in the global forex market. Banks use this time to refresh their servers as they apply rollover interest to open positions. Some banks will widen their spreads around this time while others stop quoting prices altogether.



It's precisely because our prices are determined by what we receive from our liquidity providers, that spreads can widen accordingly at 5pm. As you can see from the tick chart above, this only lasts for a few minutes and is something you can prepare for by being flat at 5pm, or at least not trading with tight stops at that time.

It's worth remembering that on FXCM's No Dealing Desk (NDD) forex execution, whether your stop loss gets hit, or your take profit gets hit, we make the same amount of money from your trading volume, and we do not profit from your losses. In fact, it's in our best interests for you to be profitable, so you can continue trading with us.

Goya7
Dec 22 2015 at 11:04
10 messages
jasonrogers posted:

... and we do not profit from your losses.


So you mean FXCM do not charge losing trades, is it? ))

jasonrogers (jasonrogers)
Dec 30 2015 at 21:02
272 messages
Goya7 posted:
So you mean FXCM do not charge losing trades, is it? ))


@Goya7 on our No Dealing Desk (NDD) forex execution model, FXCM makes money from your trading volume, not your losses. We do this by charging a commission on your trades.

The forex quotes you see on our platform are the best bid and ask prices we receive from multiple competing liquidity providers, and your orders are offset with the liquidity provider quoting us the best available price. You can see the results for yourself on this live table which show that FXCM spreads are very competitive: https://www.myfxbook.com/forex-broker-spreads

More info on our NDD pricing can be found here: https://bit.ly/1ib2QiB

xoof
Jan 12 2016 at 15:50
4 messages
Overall FXCM is ok, but I hate it how they fail to quote their CFDs sometimes.
Just now they stopped quoting GER30 for 34 minutes or so in the middle of the day while other brokers continued quoting it.
FXCM resumed quoting but instead of filling in the missing bars they just showed a gap, as a result I took a loss of 62 pips instead of closing it much earlier.
They stopped quoting at 48 minutes, and I opened the trade at 08 minutes next hour, the actual price was 50+ pips lower by then, but they quoted me at a price that was at 48 minutes, how it that possible?
The worst part is that it happens on a regular basis, not often, but it surely happens, especially after platform updates.
They need to work on their CFDs. Just when I thought that FXCM could be the one.

jasonrogers (jasonrogers)
Jan 15 2016 at 23:22
272 messages
xoof posted:
Overall FXCM is ok, but I hate it how they fail to quote their CFDs sometimes.
Just now they stopped quoting GER30 for 34 minutes or so in the middle of the day while other brokers continued quoting it.
FXCM resumed quoting but instead of filling in the missing bars they just showed a gap, as a result I took a loss of 62 pips instead of closing it much earlier.
They stopped quoting at 48 minutes, and I opened the trade at 08 minutes next hour, the actual price was 50+ pips lower by then, but they quoted me at a price that was at 48 minutes, how it that possible?
The worst part is that it happens on a regular basis, not often, but it surely happens, especially after platform updates.
They need to work on their CFDs. Just when I thought that FXCM could be the one.


@xoof if you feel there is an error in FXCM's pricing for GER30 that negatively impacted your trades, I encourage you to file a trade inquiry: https://bit.ly/1NbrGwj

That way the Trade Services Team can investigate what happened and make the appropriate correction to your account if necessary. In addition, the tech support team can look into why quotes seem to stop frequently for you, since this is not the case for other FXCM clients. Live support is available to help you 24 hours day: https://bit.ly/1ilO0qa

farroid
Feb 27 2016 at 17:12
2 messages
I wish FXCM can introduce cTrader...

jasonrogers (jasonrogers)
Mar 01 2016 at 00:03
272 messages
farroid posted:
I wish FXCM can introduce cTrader...


@farroid thanks for your request 😄

Does the platform have a feature you want but could not find in the platforms FXCM offers? https://bit.ly/1TMqIIE

farroid
Mar 03 2016 at 07:39
2 messages
Dear Jason,

I want broker independent platform and right now i have only two choices: cTrader and MetaTrader. Only cTrader helps me have broker accounts in UK, Cyprus and Australia, and have native mirroring: cMirror. so i can trade only one 'strategy' account and have all other accounts with variable risk parameters follow it. I know there are third party solutions but there are latency issues and i am hesitant to give my trading account passwords to third party. Managing positions is ease in cTrader due to replication across all broker accounts. Otherwise i have to signin to each platform and manually manage.

MirrorTrader offered by FXCM isn't what i need. I don't want to provide or follow signals. I want to manage my own strategy across different accounts and different brokers. That's a pro trader's dream.

Retail trading platforms is a fragmented mess which has not much graduated from single retail trader's perspective: one account at one broker. FXCM own Trading Station is stuck with Flash. i cant even trade it in demo. :(

I remember being excited when one US broker started offering cTrader but it quickly went bust (MBTrading).

Just my two pips...

jasonrogers (jasonrogers)
Mar 04 2016 at 19:47
272 messages
farroid posted:
I want broker independent platform and right now i have only two choices: cTrader and MetaTrader.


@farroid with FXCM you can also trade using NinjaTrader or MultiCharts which allow you to code strategies in C# and EasyLanguage respectively. 😄

farroid posted:
FXCM own Trading Station is stuck with Flash. i cant even trade it in demo. :(


While Trading Station Web is flash-based, Trading Station Desktop runs on Windows OS just like the other platforms you mentioned.

Veuillez vous connecter pour pouvoir commenter.
Compare Forex spreads in real time Spreads des Brokers Forex