Disliked{quote} Wow, go back and read some of my posts. It is an absolute pleasure to hear someone with the exact same view on the...Ignored
newzTrader
FXCM with Sierra Charts - Discussion and alternatives 8 replies
Elliott Waves discussion 4 replies
FXCM gets another CFTC fine, while Drew Niv leaves FXCM UK board 17 replies
Euro/Dollar discussion 9 replies
Forward Testing Discussion Thread 241 replies
Disliked{quote} Wow, go back and read some of my posts. It is an absolute pleasure to hear someone with the exact same view on the...Ignored
DislikedMaster Trading Agreement - registration not required. {image} http://seekingalpha.com/instablog/17...ess-turnaround The terms of FXCM master trading agreement, available on the FXCM website, provide FXCM with rights to collect negative balance plus interest. Jason Rogers - for the benefit of all FXCM clients, where exactly is this disclosure/document ?Ignored
Disliked{quote} I am not mentioning this in regards to getting better spreads or to say these spreads are too high. I personally really like FXCM pricing model. It just thought others would find it useful to see how it factors into their trading in regards to the pip Risk Reward ratios they are trading with etc. I always knew that using a 5 pip stop and TP wasnt truly 1:1 R:R, i just never knew how much of a difference spread and commission makes on it depending on the size of TP and SL you are using. And since its done using FXCM pricing i figured it made...Ignored
Disliked{quote} exactly. even with 50pips SL + Margin Required, 3000USD is good enough to trade; if needed I can add additional funds when I want to. Smart people think like that. Either NFA is full of idiots or they have different agenda. Also FIFO. suck on that.Ignored
DislikedPersonally, I accept that there exists an exemption clause to the "no negative balance policy" in the contract. I fully understand that under certain circumstances, FXCM cannot execute "no negative balance policy". But the point is that I am not fully explained this exemption clause by FXCM. I am Chinese living in Hong Kong. I personally attended the Hong Kong FXCM office to open the account coz I wanted to clarify some points before entering into the contract. When I visited the FXCM office, I was entertained by FXCM's staff. I have asked repeatedly...Ignored
Disliked{quote} Don't know about in HK but in UK consumer law you are totally covered. Consumers are allowed to believe in big-print promises given (unless they are advised of possible exemptions) without reference to 'small print'. If you think, this is very logical, because otherwise every company would simply promise the earth and then exclude it in the contract minutae! fxcm promised negative balance protection and I propose no judge would support their view - in EU "force majeur" in retail contracts is considered a 'breach of good faith' unless individually...Ignored
Disliked{quote} Don't know about in HK but in UK consumer law you are totally covered. Consumers are allowed to believe in big-print promises given (unless they are advised of possible exemptions) without reference to 'small print'. If you think, this is very logical, because otherwise every company would simply promise the earth and then exclude it in the contract minutae! fxcm promised negative balance protection and I propose no judge would support their view - in EU "force majeur" in retail contracts is considered a 'breach of good faith'...Ignored
DislikedHello Jason After an update that i had on my FXCM Trading Station.The (SHOWTIME) on M5 says 7:00 min when a new candel oppens and on M1 3min.Other look fine.Are they working on platform or its something i did. EDIT: (Added SS)What i actually means is this,The Showtime says nexr 1 minite candle closes in 2min. {image}Ignored
DislikedI have seen how FXCM manipulates daily volume bars at the weekend. Here are the pictures I took. Notice how the volume bars for 1/29/2015 are different sizes even though they are the same date. On the first daily chart the volume bar for 1/29 is very long. And the second chart the volume bar for the 1/29 was changed to smaller size. Why is FXCM manipulating the volume daily bars in the weekend? {image} {image}Ignored
Dislikedhmmmmm I must say that is rather odd/shady. Would love to hear FXCM response to thatIgnored
Disliked{quote} {quote} Hi Jack and Sys.yphus, FXCM doesn't manipulate the volume data on your charts. However, we did release a new update to the Trading Station platform this past weekend. It's possible the changes you see are related to that. I asked our tech support team to take a look at the examples you provided and will let you know when I hear back from them.Ignored
Disliked{quote} I am not mentioning this in regards to getting better spreads or to say these spreads are too high. I personally really like FXCM pricing model. It just thought others would find it useful to see how it factors into their trading in regards to the pip Risk Reward ratios they are trading with etc. I always knew that using a 5 pip stop and TP wasnt truly 1:1 R:R, i just never knew how much of a difference spread and commission makes on it depending on the size of TP and SL you are using. And since its done using FXCM pricing i figured it made...Ignored
Disliked{quote} Thanks for clarifying, Sis.yphus I'm glad you like FXCM's new spreads!Ignored
Disliked{quote} Hi Alone. Thanks for your question about the SHOWTIMETOEND indicator. I've asked our software developers to take a closer look at this and will let you know what they say.Ignored
Disliked{quote} Hi Alone. Thanks for your question about the SHOWTIMETOEND indicator. I've asked our software developers to take a closer look at this and will let you know what they say.Ignored
DislikedHi Jason FXCM AUS really need to offer GBP accounts for AUS/NZ residents. It's like having a salary in Britain and living in AUS/NZ. Why would anyone want to have an account in lower currency (unless they have no money for initial deposit) , it's more work for less Tried opening account with FXCM UK, points me to FXCM AUS, great. Broker search continues..Ignored
Disliked{quote} I maybe wrong but this doesn't make sense! Why not open an account with a larger deposit ie $10000 NZ instead of £5000 GB Wouldn't it be better to have your account in the curreny that you use where you live. If you live and work in NZ and pay with NZ dollars why trade with a GBP account? Essentially you have a GBP/NZD position open constantly all be it without leverage.Ignored
DislikedI am wondering why we trade with companies such as FXCM given that they do not honour our stop-losses. How are we supposed to manage risk when brokers don't honour the stop-loss? We could lose our entire account because their their platform fails, or their liquidity provider decides to turn off. I am not joking. It has just happened to me. I had a EUR-CHF long trade with a stop-loss set at -35 pips before the SNB chaos hit the market. My stop-loss did not execute at -35 pips as planned and I stopped out for a -1700 pip loss. Doesn't this mean that...Ignored