FXCM

Available asset-classes: Currency, CFD's

FXCM is one of the most famous brokers in the world to provide services on the FOREX currency market. Since December 2010, FXCM has been listed on the New York stock exchange. FXCM enables access to the quotes of essential currency pairs, CFD prices on shares and indices, and also to such commodities as oil, gold, and silver, etc. Trading on the FOREX market can take place at any time since it is open 24 hours a day (excluding weekends). The goal of FXCM is to use the most advanced technologies and assure the best client support.

Supported asset classes: Currency, CFD's

Supported orders: OCO order connections supported by this broker ORO order connections are locally simulated IFDone order connections are locally simulated

Order execution xTasyTrader does not execute any orders! Instead, brokers simply inform us of filled orders and execution price. If data received from your data feed provider does not match the quotes on the brokerage platform for an instrument, then the entry and exit price will not be displayed properly on your chart.

You can open a real or demo account at FXCM.

Connecting

Please follow the instructions in the following video to establish the connection correctly:

Important. The user has no need to fulfill Login URL input anymore.

Essential information

FXCM provides volumes for historical ticks for the following symbols only: EUR/USD, USD/JPY, GBP/USD, EUR/JPY, AUD/USD, GBP/JPY, USD/CAD, AUD/JPY, USD/CHF, EUR/CHF, NZD/USD, EUR/AUD, EUR/GBP, and EUR/CAD.

Please note the following:

  1. If you have an FXCM account or request a new one, please make sure that the account type is "Non -Hedged".

  2. The limitation of 20 parallel real-time feeds must be changed to "unlimited".

  3. Please make sure that in the FXCM trading station all instruments were activated and activate missing ones, if necessary.

It is only with these settings that xTasyTrader can function flawlessly with FXCM.

Important. xTasyTrader does not support hedged accounts. Non-hedged accounts are supported by FXCM Trading Station.

MT4 does not support non-hedged accounts. Please do not activate MT4 as a trading platform when opening an FXCM account.

FOREX

The minimum order size and the smallest possible step is 1000.

Data-Feed - loading of histories and real-time data

If the loading of histories (charts) takes too long or the charts stay empty after the loading has finished, then the FXCM server returned a timeout. This means that too many instruments with a too big amount of histories were requested. To solve the problem reduce the number of instruments from your workspace or the amount of history (candles) loaded in the charts. Read more about chart and history settings here.

Minimum tick distance

XT++ plusplus entries: Please read about Synthetic orders on MinTickDistance for more information. XT++ plusplus stops: Please read about Synthetic orders on MinTickDistance for more information.

Mini account

XT doesn't support trading with a mini account. If a user tries to trade with a Mini account he will receive such message in the log:

" Your account type "mini account" is not supported. In order to trade with xTasyTrader, a standard account is necessary. Please contact your broker."

Order size comparison Order size in xTasyTrader and FXCM station differs for some symbols:

Instruments

AT

FXCM Station

Divided

Minimum Order Size

Forex:

AUDUSD

10000

10

1000

1000

EURUSD

55000

55

1000

1000

GBPUSD

30000

30

1000

1000

GBPJPY

40000

40

1000

1000

EURNZD

102000

102

1000

1000

EURJPY

80000

80

1000

1000

GBPCHF

5000

5

1000

1000

NZDJPY

2000

2

1000

1000

NZDUSD

1000

1

1000

1000

CFD:

AUS200-FXCM.CFD

10

10

1

BUND-FXCM.CFD

50

50

1

ESP35-FXCM.CFD

20

20

1

EUSTX50-FXCM.CFD

5

5

1

FRA40-FXCM.CFD

70

70

1

GER30-FXCM.CFD

20

20

1

HKG33-FXCM.CFD

10

10

1

JPN225-FXCM.CFD

100

100

1

KUPFER-FXCM.CFD

20

20

10

NAS100-FXCM.CFD

80

80

1

NGAS-FXCM.CFD

40

40

1

SPX500-FXCM.CFD

20

20

1

UK100-FXCM.CFD

30

30

1

UKOIL-FXCM.CFD

70

70

1

US30-FXCM.CFD

60

60

1

USDOLLAR-FXCM.CFD

30

30

1

USOIL-FXCM.CFD

50

50

1

XAG/USD-FXCM.CFD

100

100

50

XAU/USD-FXCM.CFD

60

60

1

Important. FXCM's platform shows values always in accounts currency (regardless of instruments). Under PnL we show FXCM's BRUTO PnL

Important Note

THE BROKER'S PLATFORM ALWAYS REPRESENTS THE REFERENCE PLATFORM.

This means that the orders and market-related values shown on the BROKER platform are valid. The broker's platform should always be active as a backup to xTasyTrader. This gives you an essential overview of the interaction between xTasyTrader and your broker. Furthermore, you will always know exactly how your orders/positions and ultimately your account balance is displayed.

Warning! This does not work with the desktop MB trading platform.

Last updated