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FXCM Discussion

  • #2,421
  • Dec 15, 2011 10:48am Dec 15, 2011 10:48am
Quoting zam4ever
Jason, thank you for previous reply.

I have one more question for this week. Beside FXCM UK, I'm also using GFT UK as one of trading brokers, and I can trade indices (US30, UK100, AUS200, FRA40, GER30, etc) at any time and their indices value are moving up down all the time, but for FXCM, these indices are trade-able at certain hours only.

How does it possible for GFT, but not FXCM? Or what is really happened?

Please advice and cheers
Hi Zam,

Anytime and your questions are always welcome.

FXCM's trading hours for gold, silver, oil, and stock indices are based on when their underlying reference futures markets are open thereby allowing trades to be readily offset. Outside of these hours, you can still create and modify stop and limit orders, but you won't be able to close existing positions or open new ones. (Note: Anyone looking for the CFD trading hours can find them here http://docs.fxcorporate.com/user-gui...ide-ltd-en.pdf)

Some of the indices such as US30, SPX500, and NAS100 are tradeable nearly all day with a short 5 minute break around 4:15pm ET, whereas most of the European indices have longer break times.

Cheers,

Jason
  • #2,422
  • Dec 15, 2011 11:46am Dec 15, 2011 11:46am
Quoting Jason Rogers
Hi 13,

You can set the stop/limit on forex trades as close to the current market price as you want. There's no restriction. So after you press Advanced, simply put a check in the box next to stop/limit and enter the stop/limit price.

Jason
Hi Jason,

Not true I saw a wide distance post fomc when I tried to enter a trade with fixed stop limit using advanced feature. I will manage then to make a video about this & screenshots.

Thanks
13
Brokers are angels
  • #2,423
  • Dec 15, 2011 11:47am Dec 15, 2011 11:47am
Quoting Jason Rogers
Hi 13,

Your post from yesterday was answered yesterday. Please see my previous post reply here http://www.forexfactory.com/showthre...47#post5223747

For the mobile platform, a new version was released 2 weeks ago so my first suggestion would be to uninstall and reinstall the app to make sure you have the most up to date version. If the app is still crashing after re-installing, can you please email contact our tech support at [email protected] with your phone version and details of what is occurring...
Hi,

Already did that seem I need to contact support... hmm.

Thanks
13
Brokers are angels
  • #2,424
  • Dec 16, 2011 6:56am Dec 16, 2011 6:56am
How long does fxcodebase take to convert mt4 indicators? I put in a request November 28 to convert only 1 of the 3 nb 10.1 indicators(I just figured out the others to save time) and have really only heard have you tried one of the ones we have.
  • #2,425
  • Dec 16, 2011 9:42pm Dec 16, 2011 9:42pm
Hi Jason,

I have a Live FXCM UK standard account. Can FXCM change my minimum trading size to 1000 from 10000 as it is now? I seem to remember that this was possible in the past.
  • #2,426
  • Dec 16, 2011 11:30pm Dec 16, 2011 11:30pm
FXCM accused of fraud in class action lawsuit
  • #2,427
  • Dec 17, 2011 12:39am Dec 17, 2011 12:39am
Quoting soladood
FXCM accused of fraud in class action lawsuit

you are little late........ahahahahhahaha
  • #2,428
  • Dec 17, 2011 7:07am Dec 17, 2011 7:07am
Quoting Adal
Hi Jason,

I have a Live FXCM UK standard account. Can FXCM change my minimum trading size to 1000 from 10000 as it is now? I seem to remember that this was possible in the past.
Im also wondering about this,
what if you just type in 0.01 manually?
would that work?
Bulls are stupid Animals!especially when Im short!
  • #2,429
  • Dec 18, 2011 7:16pm Dec 18, 2011 7:16pm
Jason, what is the NFA smoking?

http://i1185.photobucket.com/albums/...DFXTwitter.png
Get money, don't let money get you. @kauaiforex
  • #2,430
  • Dec 19, 2011 7:57am Dec 19, 2011 7:57am
Quoting NoJobRob
Jason, what is the NFA smoking?

http://i1185.photobucket.com/albums/...DFXTwitter.png
wow! that's bad whats next?
raiding your homes in search for Metatrader??
I wouldn't be suppriced.
they are probably smoking cow dung
Bulls are stupid Animals!especially when Im short!
  • #2,431
  • Dec 19, 2011 8:38am Dec 19, 2011 8:38am
I strongly recommend you obtain non-usa residency, which is fairly easy to do.

Quoting NoJobRob
Jason, what is the NFA smoking?

http://i1185.photobucket.com/albums/...DFXTwitter.png
Measure trends automatically with zero lag
  • #2,432
  • Dec 19, 2011 10:16am Dec 19, 2011 10:16am
Quoting Adal
Hi Jason,

I have a Live FXCM UK standard account. Can FXCM change my minimum trading size to 1000 from 10000 as it is now? I seem to remember that this was possible in the past.
Hi Adal,

The operations department should be able to take care of this for you if you send a request to [email protected] from the email address you have on file for your account.

Jason
  • #2,433
  • Dec 19, 2011 10:19am Dec 19, 2011 10:19am
Hey Jason,

A few questions:

1. Is it possible to trade micro account on the standard Trading Station II or does it only work on the Micro Trading Station?
2. How long does the Administration needs to open my Micro account?

Thanks!!
  • #2,434
  • Dec 19, 2011 10:23am Dec 19, 2011 10:23am
Quoting soladood
FXCM accused of fraud in class action lawsuit[/url]
Hi soladood,

The referenced case was dismissed as of November 29, 2011.
  • #2,435
  • Dec 19, 2011 10:34am Dec 19, 2011 10:34am
Quoting NoJobRob
Jason, what is the NFA smoking?

http://i1185.photobucket.com/albums/...DFXTwitter.png
Quoting roughtrader
wow! that's bad whats next?
raiding your homes in search for Metatrader??
I wouldn't be suppriced.
they are probably smoking cow dung
Quoting ybfjax
I strongly recommend you obtain non-usa residency, which is fairly easy to do.
Hi Rob, roughtrader and ybfjax,

I can't really say much about this other than point you to the statement listed on DailyFX, which really explains it all best: http://www.dailyfx.com/forex/publish...n_the_USA.html

The webinars will still be available to visitors outside the US, and I hope we can work out a solution for US residents at some point in the future that complies with regulations on streaming videos.

Jason
  • #2,436
  • Dec 19, 2011 11:03am Dec 19, 2011 11:03am
Quoting Forex5050
Hey Jason,

A few questions:

1. Is it possible to trade micro account on the standard Trading Station II or does it only work on the Micro Trading Station?
2. How long does the Administration needs to open my Micro account?

Thanks!!

Hey Forex5050,

Hope you're doing well and happy to help with your questions.

For question 1, yes it is possible.

After you complete the micro account application online, an email is sent to you immediately with the account number for you to deposit funds. What could increase the processing time is whether or not we need an ID and proof of address for your account. For most US residents we can do an online verification without the need for additional documents, so the processing time would simply be the amount of time it takes for the deposit to arrive in your account (about 1 business day). For non-US residents, we will need a copy of ID and proof of address, and it could take up to 3-5 business days to process these documents. Often times it is faster, but it really depends on the overall amount of documents the operations department has to process.

If you're not sure about when you plan to fund the account, you could always submit the application and supporting documents in anticipation of funding it sometime in the future. The submitted application is good for up to 6 months. I hope that helps and let me know if you have any additional questions.

Jason
  • #2,437
  • Dec 19, 2011 11:10am Dec 19, 2011 11:10am
Thanks Jason, Im just curious,
do you know what NFA is trying to acomplish with this?
it make no sense to me. just wondering
Bulls are stupid Animals!especially when Im short!
  • #2,438
  • Dec 19, 2011 11:45am Dec 19, 2011 11:45am
Quoting Jason Rogers
Hey Forex5050,

....................

Jason
Jason, thank you for the answer!

Yes, I had to submit a passport copy + proof of residence and uploaded them in the application. I've already sent it and I'm waiting now for a response that I can get an account number and deposit.

I'll deposit via bank wire and looking to avoid the upcoming holidays, so it doesn't take even longer for the bank to wire the money. I guess I could deposit on Thursday, 27th December if my account doesn't get approved until Wednesday.

PS: The new TS 2 is awesome!!
  • #2,439
  • Dec 19, 2011 12:20pm Dec 19, 2011 12:20pm
Quoting Forex5050
Jason, thank you for the answer!

Yes, I had to submit a passport copy + proof of residence and uploaded them in the application. I've already sent it and I'm waiting now for a response that I can get an account number and deposit.

I'll deposit via bank wire and looking to avoid the upcoming holidays, so it doesn't take even longer for the bank to wire the money. I guess I could deposit on Thursday, 27th December if my account doesn't get approved until Wednesday.

PS: The new TS 2 is awesome!!
Good to hear!
  • #2,440
  • Dec 19, 2011 1:21pm Dec 19, 2011 1:21pm
Quoting roughtrader
Thanks Jason, Im just curious,
do you know what NFA is trying to acomplish with this?
it make no sense to me. just wondering
Hey roughtrader,

I'm not quite sure to be honest, and the only information I have myself is what was written by DailyFX. The regulatory requirement has only impacted the live streaming video and not the written content. Sorry I don't have more details, but I'll post more if I get more information.

Jason
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