FXCM takes the required steps to ensure that the execution of our quoted prices provide clients with the best possible result. On some occasions, due to fast moving markets, executions may be at a price which is no longer the…
Stop and limit orders are placed from the "Open Positions" window based on the total amount of positions per symbol. To place a stop or limit order: From the "Open Positions" window, right click on the positions for the symbol…
FXCM closely tracks and clearly displays rollover rates in our Trading Station platform. Please be advised that interest rates are provided to FXCM by multiple liquidity providers. Every effort is made to display rollover rates one day before they are…
5 p.m. in New York is considered the beginning and end of the Forex trading day. Any positions that are open at 5 p.m. sharp are considered to be held overnight, and are subject to rollover.A position opened at 5:01…
No, you are not able to place trades during the weekend. The trading desk opens on Sundays between 5:00 PM ET and 5:15 PM ET. The trading desk closes on Fridays at 4:55 PM ET. Please note that orders placed…
FXCM recommends opening and closing trades using limit and limit entry orders in most cases, which guarantees your requested price or better without negative slippage. Remember that, although limit orders guarantee price, they do not guarantee execution. Order types are…
With FXCM’s Price Improvement technology, all orders can receive positive slippage, or price improvements. This means you can potentially make more money if the market gaps or spikes favorably through your limit price. This is especially true in situations where…
Yes, rollover applies on weekends. However, spot Forex transactions technically have a 2-day settlement period. Therefore, the weekend rollover is accounted for 2 days later, on Wednesday. Also, if there is ever a national holiday, where banks in that country…
Unless requested, accounts are set up to pay or earn rollover on open trades held past 5 PM EST Daily What is rollover?
Simple OCO orders allow you to link up two entry orders on the same currency pair. Complex OCO orders allow you to link up two entry orders on different currency pairs.
A Complex OCO order allows you to manually 'link' together two or more orders from different currency pairs. You can create a Complex OCO order with the following steps: Create two or more Pending/Entry ordersRight click in the Orders window…
A Simple OCO order allows you to create two 'linked' entry orders in the same currency pair. To create a Simple OCO order, simply follow these instructions: Click on “Trading” -> “Orders” -> “Simple OCO”.Enter your parameters and select “OK” to enter…