FXCM Discussion

Quoting calderone

Disliked

{quote} Now, I magically connected with your server after an hour of this back and forth stuff. This isn't the first time this has happened. Please just tell me when your server is off kilter, I can deal with that. I lose trust when you try to tell me it's me and I am the only person on the planet with a problem. I was told that they didn't do anything on their end to fix this issue. It just resolved itself. I don't like having no access for unknown reasons.

Ignored

Quoting calderone

Disliked

{quote} Blood pressure normal again. All is well, birds singing. lol

Ignored

Quoting Jason Rogers

Disliked

{quote} Glad to hear that Regarding your earlier connection issue, do you use Verizon by any chance? Our techs confirmed for me that while there were no connection issues on our end, they recently heard reports of possible problems on Verizon's end. If you have any problems connecting in the future, you can call us toll-free 24 hours a day at 1-888-50-FOREX. If necessary, our live customer support team can even transfer you to the trading desk to manage your orders over the phone.

Ignored

Quoting Jason Rogers

Disliked

{quote} Hi TranceTrader, I've posted this same response to you on the Trade2Win forum. Trust is very important for forex traders whether it be related to trading execution, safety of funds, or any other area, and we have always taken steps to be as transparent as possible and lead the industry in transparency. If an important issue comes up, we address it head on and do not disappear as you can see some of our competitors do when difficult and potentially embarrassing issues arise. As of the latest numbers, traders hold $1.264...

Ignored

Quoting TranceTrader

Disliked

would of

Ignored

Quoting TranceTrader

Disliked

Sorry Jason but "bumps along the way" ?????? We are talking about the organisation you represent SYSTEMATICALLY STEALING MILLIONS OF DOLLARS FROM YOUR CUSTOMERS ON AN INTERNATIONAL SCALE. Please do not try to brush this aside with marketing spiel and equivocation.

Ignored

Quoting TranceTrader

Disliked

Where are the resignations in response to such unscrupulous conduct? You have no real answers Jason because it's above your pay grade I imagine.

Ignored

Quoting TranceTrader

Disliked

The reality is your organisation only stopped this practice due to being caught, you would have continued stealing customer funds if it wasn't challenged. Electronic theft of this scale would have taken planning, leadership, development & deliberate concealment to carry out, which spanned FOUR YEARS Jason, do not make this out to be a minor mishap or bump along the way.

Ignored

Quoting TranceTrader

Disliked

"Sharks" is a label branded about too often in the broker spectrum but in this instance Jason, it describes FXCM perfectly and until you publically apologise and the individuals responsible resign or are removed from your organisation, you should be banned from any forum relating to retail forex trading and people discouraged from using your service.

Ignored

Quoting Jason Rogers

Disliked

This is where I have to disagree with you. The reality is that when FXCM introduced the No Dealing Desk (NDD) forex execution model back in 2006/7, the vast majority of brokers in the industry were still using a dealing desk model. We made this change because we believed then and we still believe now that the NDD model is more fair and transparent in that it offers competitive, market driven prices that are sourced from multiple liquidity providers.

Ignored

Quoting Jason Rogers

Disliked

I admire your passion on behalf of your fellow traders. Don't you think all brokers should be held to same standard?

Ignored

//+------------------------------------------------------------------+
//| MM.mq4 |
//+------------------------------------------------------------------+
//+------------------------------------------------------------------+
//+------------------------------------------------------------------+
int start() {
// How many digits for one lotstep?
double LotDigits = NormalizeDouble(MathLog(MarketInfo(Symbol(), MODE_LOTSTEP)) / MathLog(0.1), 0);
 
// 20 Pips in EURUSD - 200 Pips in SPX500
double StoplossPoints = 200;
//
// This should give a LotSize of
// EURUSD: 100€/7.24€/lot/P/20P=0.69 Lots (Fine!)
// SPX500: 100€/0.0724€/lot/P/200=6.9 Lots (Nope - it results in 5!)
 
 
double MaxLoss= 100; // 100€ Account currency risked
// This formula works well in EURUSD - but fails on SPX500
// This should calculate a LotSize for 100€ of allowed Loss and a 20Pips Stoploss
double LotSize=MaxLoss/(Point*StoplossPoints*(MarketInfo(Symbol(), MODE_TICKVALUE) / MarketInfo(Symbol(), MODE_TICKSIZE)));
double MarginRemaining=AccountFreeMarginCheck(Symbol(), OP_SELL, LotSize);
double MarginUsed=AccountFreeMargin() - MarginRemaining;
 
//----
MessageBox(
"A stoploss of " + StoplossPoints + " points and " + MaxLoss + " Euros results in" +
"\nLotSize : " + LotSize + " lots in a Symbol with " + LotDigits + " lot digits" +
"\nresults in MarginUsed=" + MarginUsed +
"\nand MarginRemaining=" + MarginRemaining,
"Script", MB_OK);
return(0);
}
//+------------------------------------------------------------------+

Quoting Jason Rogers

Disliked

...
5. Will margin requirements change? Yes. As the value of 1 lot will be reduced by 1/10th, the margin requirements for that position will also be reduced by 1/10th. Please register for a practice account to see updated margin requirements.
...

Ignored

Quoting SLforex

Disliked

Hello what the lowest AUD / NZD price you see on your charts at market open time tonight. FXCM executed stop loss order 1.06231. Other sources do not show me this price. FXCM lowest price 1.06153. Thanks

Ignored

Quoting jhehe

Disliked

{quote} Well you gotta keep in mind that this is the FOREX market we're talking about so there is no uniformal price feed so FXCM's liquidity at that particular instance could have been worse off than another source you were looking at. With that said, I still like to go with the idea that they're really manipulating the price feeds.

Ignored

Quoting Venice

Disliked

14 pip spread on E/U and G/U. FXCM must want to be cleaning up orders... lol

Ignored

Quoting entheos

Disliked

compensation, Is only fxcm uk`s clients?

Ignored

Quoting SLforex

Disliked

Hello what the lowest AUD / NZD price you see on your charts at market open time tonight.

Ignored