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FXCM Discussion

  • #10,381
  • Aug 31, 2017 9:27am Aug 31, 2017 9:27am
The British Financial Conduct Authority (FCA) has issued a warning about a clone masquerading as the actual FXCM company. According to the FCA, the FXCM International Finance Group has an address in China but it is targeting people in the UK by cold-calling them and claiming to be authorized.
Always double check the information you are given, don’t trust blindly that the person calling you is truly who they say they are.
  • #10,382
  • Sep 1, 2017 9:08am Sep 1, 2017 9:08am
Had a small account I was using to follow my own signals on, had constant problems getting margin trades shut out - even when I had a profit in the account. Then they call me up (at least they did that) and tell me my margin is going to double on my account and my current positions would cause a margin call this weekend.

I know from people who work there, like any Forex company they don't want you to win because they want bigger deposits. I never cared, my attitude was always: as long as they don't DO anything I don't care. All these issues have cost me all my profit and more, it's not worth fighting this type of crap with your broker, I'm changing brokers - I'd recommend if you have similar issues, that you do the same.
  • #10,383
  • Sep 5, 2017 6:53am Sep 5, 2017 6:53am
Quoting Jason Rogers
{quote} Hello BT, Thanks for letting me know about this and I would be happy to help get it sorted. I will send you a private message to help directly. And rest assured, the $40 will only be charged if the wire is processed. Jason
Hi Jason, I have sent you email twice (aug 29th and sept 2nd), but have not received a reply yet. Could you respond to my mail? Thank you in advance and have a great day.

best regards
BT
  • #10,384
  • Sep 6, 2017 11:06am Sep 6, 2017 11:06am
Quoting BataviaTrade
{quote} Hi Jason, I have sent you email twice (aug 29th and sept 2nd), but have not received a reply yet. Could you respond to my mail? Thank you in advance and have a great day. best regards BT
Hello BT,

My colleague Liza responded to your email on the 30th and I on the 5th. If you haven’t received it please go through your Spam folders to see if it was routed there. Also, she will send the email to you again now. If you don’t receive it please PM me again.

Jason
  • #10,385
  • Sep 7, 2017 8:41am Sep 7, 2017 8:41am
Hi Jason,
Could you please explain to me why your pivot point indicator is different to all standard ways of calculating. I am talking about the classical method here. The Pivot Point and S1/R1 and S2/R2 correspond to a normal pivot calculator. However S3/R3 and S4/R4 are way off. I would really appreciate an explanation for this as I use pivots a lot and I find your levels even though they are different seem to be effective.
Thanks
  • #10,386
  • Sep 8, 2017 4:01pm Sep 8, 2017 4:01pm
Quoting PharLap
Hi Jason, Could you please explain to me why your pivot point indicator is different to all standard ways of calculating. I am talking about the classical method here. The Pivot Point and S1/R1 and S2/R2 correspond to a normal pivot calculator. However S3/R3 and S4/R4 are way off. I would really appreciate an explanation for this as I use pivots a lot and I find your levels even though they are different seem to be effective. Thanks

Hello PharLap,

Glad you are enjoying using our Pivot Indicator. One thing to check is the time frame being used for the pivot and the data source. I haven’t heard of any issues occurring with our pivot point indicator that would cause it to differ from the classic formula, but I would like to check.
I will send you a PM for more details.

Jason
  • #10,387
  • Sep 11, 2017 1:08pm Sep 11, 2017 1:08pm
Hello! I'm new to this fourm and I was wondering if you could tell me if you've had issues withdrawing money from fxcm? It looks like they've been find for various reasons...Thank you for your time. Nicole
  • #10,388
  • Sep 11, 2017 4:20pm Sep 11, 2017 4:20pm
wow people actually still trade with these con artists ?
  • #10,389
  • Sep 14, 2017 9:35am Sep 14, 2017 9:35am
Quoting Nicolettm
Hello! I'm new to this fourm and I was wondering if you could tell me if you've had issues withdrawing money from fxcm?
Hello Nicole,

Welcome to the forum! We are happy to have you. You can submit a withdrawal request via MyFXCM.com, the account management portal. In general most withdrawals take 3-5 business days.

Jason
  • #10,390
  • Sep 14, 2017 9:52am Sep 14, 2017 9:52am
Quoting Nicolettm
Hello! I'm new to this fourm and I was wondering if you could tell me if you've had issues withdrawing money from fxcm? It looks like they've been find for various reasons...Thank you for your time. Nicole
I have made several withdrawals from FXCM (UK) using the online portal and never encountered a problem yet.
  • #10,391
  • Sep 21, 2017 12:00pm Sep 21, 2017 12:00pm
Hi Everyone,

An update to Trading Station Desktop was released last weekend adding some very useful functions that we hope will improve your trading experience. Here’s a highlight of a few of the new features:

New Contingent Orders

A Contingent order is an order that contains two (or more) entry orders linked together by a certain condition of their execution. Previously, we only had OCO orders available in Trading Station Desktop. The recent update makes available the following additional contingent orders:

- OTO (One-Triggers-the-Other)

- OTOCO (One-Triggers-One-Cancels-the-Other)

- If-Then

- If-Then OCO


You can create contingent orders by right clicking on a symbol and selecting “Create Contingent Order” from the menu. You can also press Alt+E on your keyboard. The online user guide has more information on how each order type works.


Improved Reports

A new Statement Summary Report is now available. This new report is designed to give you a summary of all products traded over a specified period along with volume, gross P/L, commission, rollover, net P/L, and open/close date.

The previous Combined Account Statement Report is still available which will give details on every trade for the specified period of time.

You will also notice when selecting the report type you also have the option for ‘Account Analytics’. This option will take you to the Trading Analytics app where you can run detailed analysis of your trading history such as profitability by symbol, profitability by time of day, average gain per trade, average loss per trade, and much more.


Marketscope Price Panels

The Bid/Ask price panel is now available directly on the chart for trading. Previously, you could trade from the chart by clicking on the price on the right hand axis. The price panel now gives you an additional method to place trades, plus a drop down menu for you to select the amount to trade if you have the platform set to one-click trading as I have done in the screenshot.

Attached Image (click to enlarge)
Click to Enlarge Name: price panel 2017-09-21_12-45-59.jpg Size: 90 KB


Let me know if you have any questions, and as always we appreciate any feedback you have about the update.

Jason
  • #10,392
  • Oct 2, 2017 2:21am Oct 2, 2017 2:21am
Quoting ClimaxOffset
wow people actually still trade with these con artists ?
The world is full of idiots and trading with FXCM is a great example! These idiots know FXCM have been found guilty of various crimes but they still willingly give fxcm money! Its like they want to get ripped off!

If i was the owner of forexfactory.com i would not allow companys like fxcm on the forums to deceive people. While these idiots spend more time picking hotel rooms for there holiday than picking a broker, i feel FXCM's bad behaviour should not be rewarded.
  • #10,393
  • Oct 3, 2017 11:58am Oct 3, 2017 11:58am
Attached Image
source: https://www.leaprate.com/forex/broke...brokerage-inc/
TSLA: 30-Dec-22 123.18 // 16-Jun-23 260.54 **111.51%**
  • #10,394
  • Oct 21, 2017 11:36am Oct 21, 2017 11:36am
Quoting Jason Rogers
{quote} Hello BT, My colleague Liza responded to your email on the 30th and I on the 5th. If you haven’t received it please go through your Spam folders to see if it was routed there. Also, she will send the email to you again now. If you don’t receive it please PM me again. Jason
Hi Jason, just to let you know I just received the funds transfer last week. It's hard to believe it took all those efforts just to withdraw from a US account into an EU account but there you go. I want to sincerely thank you and Liza for your great assistance. That in itself was pretty good. I wish you the best.
  • #10,395
  • Oct 25, 2017 2:59am Oct 25, 2017 2:59am
Quoting BataviaTrade
{quote} Hi Jason, just to let you know I just received the funds transfer last week. It's hard to believe it took all those efforts just to withdraw from a US account into an EU account but there you go. I want to sincerely thank you and Liza for your great assistance. That in itself was pretty good. I wish you the best.
Hello BT,

Happy to hear you received your funds, sorry for the delay. All the best with your trading!

Jason
  • #10,396
  • Oct 26, 2017 4:20am Oct 26, 2017 4:20am
FXCM have any rebate program ?
also not able to find any withdrawal debit card options, is they have any ?
  • #10,397
  • Oct 26, 2017 7:05pm Oct 26, 2017 7:05pm
Hi Jason!
Just got the historical data downloader (basic).
The question is: how can i import the data to be viewed in the marketscope as candles?
Thanx a lot.
  • #10,398
  • Oct 27, 2017 3:13am Oct 27, 2017 3:13am
Quoting burfi
FXCM have any rebate program ? also not able to find any withdrawal debit card options, is they have any ?
Hello Burfi,

If you need to withdraw funds, please go to MyFXCM.com, your account management portal. Once you login with your live account details, hover your cursor over “Funds”, select “Withdraw Funds” then select Credit & Debit.

Keep in mind that you need to withdraw the same way you funded the account, eg. If you did not deposit via card, the withdrawal cannot be done by card. Funds must go back to the same bank account that was used to deposit.

While we do not offer rebates, it may be possible to earn 5% APR on unused funds.

Jason
  • #10,399
  • Oct 27, 2017 12:35pm Oct 27, 2017 12:35pm
Quoting socramalb
Hi Jason! Just got the historical data downloader (basic). The question is: how can i import the data to be viewed in the marketscope as candles? Thanx a lot.
Hi Socramalb,

The data found in the Basic Historical Data Downloader comes prepackaged on Marketscope, there is no need to re-import it.

Jason
  • #10,400
  • Oct 27, 2017 1:04pm Oct 27, 2017 1:04pm
Tuesday we held part 1 of our 3 part webinar series on Algo Trading. If you’re new to algorithmic trading and looking to automate a trading strategy, this is a good way to get started.

Inserted Video


Part 1 discusses the following topics:

  1. Python for data analysis
  2. Pandas for time series management
  3. Accessing and using tick data
  4. Visualizing tick data statically and interactively

Great learning material for the weekend while trading is closed

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