The times on your FXCM statement are in UTC. You can change the time zone on your charts to UTC by clicking on System, Options, and General Trading. Edit the “Time Zone” drop down to “UTC” and click on Apply. Marketscope…
Clients that hold an open position at the time of an FXCM expiration will have their positions closed at our rate during the market break. When a product expires, all pending Entry orders and Stop/Limit orders that are associated with…
Cryptocurrency Margin Requirements are updated shortly after market open (Sunday 18:00 ET) and then updated daily during the market break (Between 16:45 ET to 18:00 ET Daily). Cryptocurrencies are currently leveraged at 4:1 and the new margin requirement will be the equivalent…
Leverage is a function of the size of your trading position divided by the Margin Requirement. Therefore the larger the margin requirement the smaller the leverage available. The amount of leverage offered by FXCM differs depending on the instrument being…
By default in the Trading Station, a price is highlighted with a blue background when it moves up, and red when it moves down. On the charts, if the closing price of a candle or bar is higher than the…
The pip value on your trade depends on a number of variables: The lot size of your trade (1K/micro, 10K, 6K, etc.)The denomination of your account (Is your trading account in USD? GBP? EUR? etc.)The specific pair you are trading…
Trading on Margin (Trading with Leverage) is a common attraction of the forex market. It allows you to open trades that are larger than the capital in your account. Example In the example above, $1,000,000 have been purchased through a long…
When you use excessive leverage, a few losing trades can quickly offset many winning trades. To clearly see how this can happen, consider the following example: Scenario: Trader A buys 50 lots of USD/JPY while Trader B buys 5 lots of…
With any financial product, there is a price to Buy and a price to Sell. When verifying if a trade should have triggered it is important to make sure you are looking at the correct side of the market. Marketscope charts show the…
You can view up-to-date margin requirements listed by currency pair in the MMR column of the "Simple Dealing Rates" window within the Trading Station platform. Margin requirements are subject to change without notice based on price fluctuations.
The usable margin column, in the accounts window of the Trading Station, shows the amount of funds you have remaining in your account to open new positions or guard against losses. There are two things that can decrease your usable…
Slippage is a factor when trading any financial market. Slippage occurs when the market gaps over prices or because available liquidity, at a given price, has been exhausted. Market gaps normally occur during fast moving markets when a price can…