jasonrogers's Posts - Page 2

Forex Excidus™ v2.2 in Trading Systems Oct 26, 2015 at 19:33

@ForexZii it would be my pleasure to discuss our services with you. I don't want to take this discussion thread off topic, so please post any questions you have about FXCM in our discussion thread: http://www.myfxbook.com/reviews/brokers/fxcm/11,9

Forex Excidus™ v2.2 in Trading Systems Oct 23, 2015 at 21:53

@goode you should be able to get the complete history for your FXCM account if you add it to your Myfxbook portfolio as a Trading Station account instead of an MT4 platform. Note that your account login works on both platforms. You can trade on MT4 and use Trading Station for the account history.

FXCM vs Oanda spread, I'm showing Oanda tighter? in General Oct 14, 2015 at 22:16

Hi Researchpro,As you can see from the Myfxbook live spreads table, FXCM spreads are very competitive even when you include commissions http://www.myfxbook.com/forex-broker-spreadsWhat platform did you use to look at our spreads? Trading Station, NinjaTrader, MT4?

FXCM was hacked !!! in General Oct 13, 2015 at 20:27

Hi Ari,While I'm not authorized to comment on our stock personally, you can contact our Investor Relations department with any questions: http://ir.fxcm.com/contactus.cfmBelow is the text of their recent announcement: http://ir.fxcm.com/releasedetail.cfm?ReleaseID=934336FXCM Inc. Announces Effectiveness of Reverse Stock SplitNEW YORK, Sept. 29, 2015 (GLOBE NEWSWIRE) -- FXCM Inc. (NYSE:FXCM)("FXCM" or "the Company"), a leading online provider of foreign exchange (FX) trading and related services, today announced the effectiveness of its previously disclosed one-for-ten r...

FXCM was hacked !!! in General Oct 13, 2015 at 20:19

Hi Togr,At this time, I don't have any additional details for you beyond what was mentioned in our statement: http://ir.fxcm.com/releasedetail.cfm?ReleaseID=934649FXCM immediately notified the FBI of this threat and is cooperating with the FBI's investigation. FXCM also immediately launched a full investigation, working with a leading cybersecurity firm, to investigate the cybersecurity incident and protect customer information. FXCM, along with the leading cybersecurity firm, is conducting an extensive forensic investigation to determine the scope of the incident and identify affected...

USA broker suggestions based on your personal experience? in General Oct 07, 2015 at 21:11

The terms of the Leucadia loan impact FXCM shareholders, not FXCM account holders. I'm not authorized to comment on our stock, but you're welcome to contact our Investor Relations department with any related questions: http://bit.ly/1SEYg7W

FXCM was hacked !!! in General Oct 05, 2015 at 22:03

Hello Everyone,Below is the full text of the announcement FXCM posted on Thursday:http://ir.fxcm.com/releasedetail.cfm?ReleaseID=934649Statement on FXCM Cybersecurity IncidentNEW YORK, Oct. 1, 2015 (GLOBE NEWSWIRE) -- FXCM Inc. (NYSE:FXCM) ("FXCM" or "the Company"), a leading online provider of foreign exchange (FX) trading and related services, today announced that it was the victim of a criminal cybersecurity incident involving unauthorized access to customer information. At this time FXCM has identified a small number of unauthorized wire transfers from customer accounts...

Looking to find trading buddies with similar strategy, Manual Price actions in Experienced Traders Sep 04, 2015 at 18:52

I'm sorry to hear of your negative personal experience, but it's not representative of the 179,577 active retail accounts trading with FXCM as of our latest publicly available quarterly results.On our No Dealing Desk (NDD) forex execution model, we offset each of your orders one for one with the best prices from competing liquidity providers. That means we don't profit from your losses or lose from your profits. Instead, we make our money from your trading volume. Therefore, we want you to be profitable, so you can trade more.FXCM welcomes all trading strategies on our NDD model, a...

FXCM Truncating MT4 History in General May 18, 2015 at 21:15

I'm sorry to hear of you weren't please with our service, but I appreciate your feedback. If if it's not too much trouble, could you tell me a bit more about what you didn't like? The information you provide can help us to improve our service.

FXCM Truncating MT4 History in General May 18, 2015 at 21:05

FXCM archives the history on MT4 after some time as do some other brokers: http://www.myfxbook.com/help#help_31Depending on how you plan to use this data from your signal account, our tech support team may be able to provide you with a solution. If you send me a private message with your contact details, I'll be happy to arrange a follow up for you with them.

FXCM? in Experienced Traders Apr 13, 2015 at 17:52

Hi Andy,In the United States, CFTC Regulation 5.16 applies to all US forex trading accounts regardless of the broker. Therefore, no broker may in any way represent that it will guarantee against losses in a US forex trading account. That means, in the future if a similar event to the January 15th SNB announcement happens, US forex traders shall at all times be liable to their broker for any negative balance or debit balance in their accounts. Your forum profile mentions that you live in the US, so this CFTC regulation would apply to you.For FXCM clients who live outside the US, it's worth...

FXCM? in Experienced Traders Apr 09, 2015 at 23:10

Hi Nushakov,Our clients, like most retail traders elsewhere, were net long EUR/CHF on January 15th. That means they lost money due to the SNB's surprise announcement which caused EUR/CHF drop 40% in seconds. If we traded against our clients like you suggest, then we would have made money from those losses, but we didn't.If there were any doubts before, it should be pretty clear now that FXCM does not benefit when clients lose on our No Dealing Desk (NDD) forex execution. That's because we offset each of your orders one-for-one with the best prices from competing liquidity providers...

FXCM? in Experienced Traders Apr 08, 2015 at 19:20

Hi Ben,With FXCM, slippage can be either positive or negative.It's important to note that to this day, some brokers may still not provide positive slippage to their clients, while others may provide positive slippage on some order types, but don't provide it on other order types. Still other brokers will re-quote their clients when the price moves in their clients' favor but fail to re-quote when the price moves against them.By contrast, there are no re-quotes at FXCM, and our clients receive the full benefits of any positive slippage that's available. A one-year study of over ...

FXCM? in Experienced Traders Apr 08, 2015 at 19:09

FXCM offers traders No Dealing Desk (NDD) forex execution. That means we offset each of your orders one-for-one with the best available prices from competing liquidity providers: http://www.myfxbook.com/forex-broker-spreadsSince we don't take the market risk on the other side of your trades, we don't profit from your losses or lose from your profits. Instead, we make our money from your trading volume. Therefore, we want you to be profitable so you will continue trading with us.

FXCM? in Experienced Traders Mar 24, 2015 at 17:57

Hi Wivilson,FXCM clients can deposit, withdraw, and trade as usual. FXCM is one of the few brokers to show you actual retail FX trading volume, and as you can see from EUR/USD, which is one of the most popular currency pairs, our clients EUR/USD trading volumes have hit the highest levels since 2012:http://i.imgur.com/LIAAzZr.jpgWhile our clients did experience losses due to the January 15 event, the $300 million financing FXCM received strengthened our balance sheet and gives us the opportunity to grow our core business. Let me know if you have any questions.Jason

Oanda versus FXCM in General Feb 10, 2015 at 23:33

FXCM believes No Dealing Desk (NDD) forex execution provides a fair model for traders, because it eliminates the conflict of interest that can exist when trading with dealing desk brokers.If you trade with a dealing desk firm AKA a market maker, at the most basic level, your losses can result in profits for your broker, and vice versa. That's why some dealing desk brokers are announcing record profits from the SNB announcement. Imagine what would have happened at a those same firms had the market surprised in the opposite direction.

Oanda versus FXCM in General Feb 10, 2015 at 23:32

The primary change we will be making is removing currency pairs from the platform that carry significant risk due to over-active manipulation by their respective government either by a floor, ceiling, peg or band. Given what happened with EUR/CHF the industry is now looking very hard at any potentially similar issues, especially given the increased geopolitical risks in Southern and Eastern Europe.We will also be raising margin requirements for other pairs as well. Some of these changes will be permanent while others may change as geopolitical risks change. The pairs we are removing from the p...

Oanda versus FXCM in General Feb 10, 2015 at 23:31

The Active Trader account opening minimum has always been at least 25k and has not changed since the SNB announcement.

Oanda versus FXCM in General Feb 10, 2015 at 23:30

FXCM is not insolvent, has not filed for any form of bankruptcy, and is in compliance with all regulatory capital requirements in the jurisdictions in which it operates. The financing we received from Leucadia has strengthened our balance sheet and gives us the opportunity to grow our core business. With Leucadia, our pockets are even deeper and we aren’t going anywhere. Additionally, all of our regulated entities except the U.S. provide clients with segregated funds. All of our global client base in our regulated entities minus US clients would be protected under a bankruptcy. Our UK re...

Oanda versus FXCM in General Feb 10, 2015 at 23:29

We anticipate that with the proceeds from the sale of some non-core assets and continued earnings we can meet both near and long-term obligations of our financing, while preserving the strength of our franchise. It’s widely known and understood that FXCM’s core business has always been retail FX; It is the majority of FXCM’s revenue.However, over the past few years, the company has spent over $250 million dollars making strategic acquisitions building up our non-core businesses, mainly the institutional side as we tried to diversify the firm. We are now looking to sell some o...

EURUSD	1.1365	GBPUSD	1.33646	AUDUSD	0.63888
USDJPY	142.936	USDCAD	1.38412	USDCHF	0.82616

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