If the requested price of a stop or stop entry order is reached at the open of the market on Sunday, the order will be filled at the next available price and may experience negative slippage depending on the change…
When you buy the EUR/USD pair, you are buying the euro, and selling the U.S. dollar to pay for it. If the euro interest rate is 4.00%, and the U.S. rate is 2.25%, you are buying the currency with the…
Yes. In addition to our policy of transparency in reporting rollover, due to the average notional trading volume that FXCM generates to the liquidity providers it deals with, FXCM is able to pass to its clients' attractive rollover rates on…
Margin can be thought of as a good faith deposit required to maintain open positions. This is not a fee or a transaction cost, it is simply a portion of your account equity set aside and allocated as a margin…
As a general rule of thumb, we recommend limiting total account leverage to a maximum of 20:1. For example, if you have an account balance of $10,000, you could trade a maximum position size twenty times larger than your account…
Rollover is the interest paid or earned for holding a position overnight. Each currency has an overnight interest rate associated with it, and because forex is traded in pairs, every trade involves not only two different currencies, but their two…
The word “PIP” stands for Percentage in Point. In forex, a pip is what you would consider a “point” for calculating profits and losses. On Trading Station, you can see the value of a pip for each of your trades when entering…
No. The smallest trade size offered by FXCM will be Micro (1K) lots.
When choosing the lot size for your trade, you may want to consider a few factors: The price levels (or number of pips) you want to set your Stop/Limit The amount of capital you wish to risk The amount of…
To better understand the basics of Forex trading and transactions, please view the video provided for you below. VIDEO Forex Transaction Basics (2:07)
Effective Leverage relates to the amount of leverage that your account is using to control the total value of the positions you have open. Here is an example: Assume you have a Standard Lot of USD/CAD (100K on Trading Station…
When trading Forex on margin, there can be a few ways to determine the required margin for a trade. Fixed margin means that there is a fixed amount of margin required to open a trade. If margins were variable and…