Leading Global Forex Firm Now Offers MT4 Demo Accounts
Also, why am I getting some many off-quotes on FXCM MT4 platform. I did not have this issue on demo, but a totally different story on a live account.
I thought I was playing on a level playing field going through a non dealing desk.
It seems I don't have this problem with any brokers currenex ECN. Please explain asap. 
To open a live account with FXCM Australia: /go?link=https://www.fxcm.com/au/open-account/?account=standard&platform=mt4 If you are an existing account holder you can fill out the transfer form. Please contact Client Services Client Services Contact details FXCM Holdings LLC Facts
- FXCM Holdings LLC has over $100 Million in capital
- More than 125,000 live accounts are traded on FXCM trading platforms
- As of January 2009, an average of $500 billion in notional volume is traded each month on FXCM trading platforms
- As of January 2009, an excess of $600 million in customer funds trading on platforms offered by FXCM Only spot FX can be traded on this MT4 platform with FXCM Trading FX, CFDs and Spread Betting on margin carries a high level of risk, and may not be suitable for all investors.
Would like to hear more on this from the fxcm rep.
Also, why am I getting some many off-quotes on FXCM MT4 platform. I did not have this issue on demo, but a totally different story on a live account. I thought I was playing on a level playing field going through a non dealing desk.It seems I don't have this problem with any brokers currenex ECN. Please explain asap.
Hi Futurevl,
The off quotes message means you're trying to do something not supported by FXCM's MT4 platform. For example, if you try to trade a micro lot, it would say Off Quotes. Or if you try to attach a stop or limit to an order before it is in your open positions window, it will say Off Quotes because our MT4 is setup for Market Execution.
Are you using an expert advisor to enter your trades or do you create the orders manually? Please let me know and I will help you identify what is occuring.
All FXCM MT4 accounts are setup on No Dealing Desk execution.
-Jason
FXCM and IBFX are FAMOUS for playing these kind of games....They use software designed by Boston Technologies that will Delay execution or out right lock up the platform when it it's to their advantage.... I am a profitable professional trader...not a beginner who lost money with these goofs...steer clear of them...
hi everyone,
iv just opened a mt4 demo account fo free with one financial, duno if you heard of them, not many people have lol, but ye it ok but has anyone opened a live account with them in the past? your help will be much appriciated
I would be very careful if you are experiencing these problems. I'm not so familiar with FXCM, but if someone is saying that they are known for having these problems in the past then I would want to find out what they have done to prevent the problems from occurring in the future. Ideally there should have been both a major management shakeup, all the way to the top, as well as a change in the software platform. When I started trading fx I was very concerned with scalping, as the industry is notorious for these practices. I now trade on a MT4 ECN software platform, which I like because it allows me to access the market directly and I'm more comfortable because with the ECN, I know that the company isn't trading against me or profiting from losing trades. I would say do your homework because there is a huge risk that you will have the right trades, but the software and provider are setting you up for disaster.
I have very little experience with these retail platforms - willing to test out a few to see how they tick. Any ideas? As an aside, I worked for a US bank on their trading floor - so I'm not super duper familiar with retail trading platforms. I worked with one, spread based - simple to use, not great charting - not horrible either. Want to move to ECN and figure out the fuss over MT4. Thanking you in advance for your input.
Alex
New York, November 16, 2009—FXCM LLC www.fxcm.com) is re-introducing a great feature to the FXCM Trading Station: Stops and Limits. FXCM has created a new set of stop orders and limit orders that are compliant with the FIFO rules mandated in 2009.
Stop orders and limit orders are some of the most popular tools a trader has to manage risk. FXCM has created a short video to educate FXCM LLC clients on how to use these new stop and limit orders. https://www.mql5.com/go?link=http://forex.na6.acrobat.com/p39288055/
Traders with FXCM LLC accounts based in the United States can now place stops on all positions in any one currency pair. The new stops and limits will apply to every open position in the currency pair. FXCM calls these new orders “net stop orders” and “net limit orders” because they apply to the total positions, or “net” positions in that pair. Since net stops and net limits apply to all positions in one currency pair, traders now set them in the “Summary” window of the trading station. The “Summary” window shows traders all the positions they currently have open in each currency pair. FXCM LLC clients will notice that there is now a new Stop column and a new Limit column at the far right side of the “Summ
FXCM hopes traders will find these new features useful in their trading, and FXCM will continue to work to improve their abilities as a trader.
For more information on net stop orders and net limit orders, go to the FAQ here: https://www.mql5.com/go?link=http://forexforums.dailyfx.com/fxcm-trading-station-update-nov-13/
To open a demo account to test the new net stop orders and net limit orders, click here: /go?link=https://www.fxcm.com/
Note: All FXCM U.S. based clients with FXCM LTD (FXCM UK) accounts will not be impacted. FXCM LTD clients will continue to place stop and limit orders on individual positions.
FXCM Holdings LLC Facts
As of June 2009
- FXCM Holdings LLC has over $100 million in capital
- More than 150,000 live accounts are traded on FXCM trading platforms
- An average of $365 billion in notional volume is traded each month on FXCM trading platforms
- More than $600 million in customer funds trading on platforms offered by FXCM Risk Disclaimer: Without proper risk management, a high degree of leverage can lead to large losses as well as gains. Please note that all other FXCM accounts have different features and this press release only applies to FXCM LLC U.S. based clients
I also prefer FXCM
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
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For Immediate Release:
Media Contact: Jaclyn Sales, jsales@fxcm.com
New York, May 21, 2009Forex Capital Markets LTD (www.fxcm.co.uk) announced today that the FXCM MetaTrader4 demo, powered by Boston Technologies, is now available. FXCM has joined together with Boston Technologies to enhance FXCM’s MT4 offering.
Why Trade on MetaTrader 4 with FXCM?
· MetaTrader 4 is integrated with FXCM's No Dealing Desk execution that means no re-quotes
· Hedging capabilities through MT4
· Trade directly from the charts
· Spreads as low as 1 pip EUR/USD
· Accepting all EAs, including scalping EAs
· Free Trading Signals from DailyFX Plus
· 24/7 client support
Multiple Currency Denominations Accepted: Account Opening Minimum: A deposit of US$2,000, £2,000, €2,000, A$2,000, NZ$2,000, or ¥200,000 is required. https://www.mql5.com/go?link=https://www.fxcm.com/uk/
“We have received tremendous demand for our No Dealing Desk MT4 platform. Through our partnership with Boston Technologies, we are able to leverage their technical expertise and widen our MT4 offering. Offering demos and expanding the selection of base currencies, as well as offering programming assistance, is just the start. Very soon we hope to be offering free, lifetime VPS hosting as well,” said Marc Prosser, chief marketing officer at FXCM
For answers to your questions on FXCM’s MT4 platform, powered by Boston Technologies, click:https://www.mql5.com/go?link=http://forexforums.dailyfx.com/mt4/74892-faqs-metatrader-4-a.html
To open a demo account: MetaTrader 4| Meta Trader - Forex Trading Platform
To open a live account with FXCM UK: https://www.mql5.com/go?link=https://www.fxcm.com/uk/
To open a live account with FXCM Australia: https://www.mql5.com/go?link=https://www.fxcm.com/au/open-account/?account=standard&platform=mt4
If you are an existing account holder you can fill out the transfer form. Please contact Client Services Client Services Contact details
FXCM Holdings LLC Facts