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…
Our prices will be our objective view of the bids and offers available to arm's length market participants in respect of transactions of a normal market size and is the main way we will ensure that the client obtains the…
Rollover is the interest paid or earned for holding a position overnight, any client holding an open position at the end of the trading day (5pm EST) will be credited or debited rollover. Most liquidity providers are closed on Saturdays…
A trading strategy helps you achieve your trading goals. But to carry out your strategy, you need the right tools. FXCM offers simple and complex orders, which can be customised to meet your trading needs. Knowing how each order executes…
What is a Contingent Order type? Users are also allowed to place their own contingency order type. This is an order that is in some way linked and ‘contingent’ on the triggering of another order. The options that clients have…
Users are also allowed to place their own contingency order type. This is an order that is in some way linked and ‘contingent’ on the triggering of another order. The options that clients have as it comes to contingent orders…
When trading with an FXCM Trading Station account, you have many order options available to you: Market Orders: Enter the market immediatelyMarket Range: When your strategy is sensitive to price execution. With Market Range, you determine a comfortable range of prices in…
An order's time-in-force option determines the time frame in which the order would execute. There are four different time-in-force options you can choose from within the Entry Order or Market Order window in Trading Station: Day – activates your Entry…
This order functions exactly like an open market order with the added benefit of allowing traders to set an “acceptable” range at which they would like to be filled. Open range orders are ideal for limiting negative slippage. To place…
This an order placed to enter a trade at the current market rate. To place an Open Market order in Trading Station, please follow the steps below: From the Dealing Rates window, left click on the Sell or Buy price…
A trailing stop is a stop that adjusts to a more favorable rate as the trade moves in a trader's favor. The amount the stop moves depends on the type of trailing stop and what the trader sets it at.…
Your strategy may require you to cut losses at a certain point. Stop orders execute similarly to Stop entry orders, but get you out of the market rather than in. Stop Orders guarantee execution, but not a particular price. To…