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Forex Contest FXCM
in
Contests
Nov 06, 2014 at 22:02
Hi Huckleberry,When you say that you set your slippage to 40 pips, are you saying that you set your Maximum Deviation on MT4 to 400? Note that since FXCM quotes forex prices to one-tenth of one pip (AKA 5-digit pricing), 1 point on the Maximum Deviation is equivalent to 0.1 pips.
Forex Contest FXCM
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Contests
Nov 06, 2014 at 08:01
I apologize for the tech issue many of you faced earlier today on this demo server. As some of you have already confirmed, this issue is now resolved.
Forex Contest FXCM
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Contests
Nov 05, 2014 at 07:50
Hi Lagoda,When looking at your commissions, it's important to consider the size of the trade you placed. For example, in your screenshot, you traded 53.75 standard lots of USD/CAD. That's $5,375,000 worth of currency you traded. If you had traded only 1.00 standard lots or $100,000 worth of currency, then your commission for closing the trade would have been $6, instead of $322.50.Let's compare your total transaction costs under FXCM's new pricing with the old model.Under the new pricing, the typical raw FX spread for USD/CAD is 0.5 pips. If you traded 1.00 standard lots of USD...
Forex Contest FXCM
in
Contests
Nov 05, 2014 at 07:48
Yes, you can use the MT4 mobile app for Android to trade your contest demo account.
Forex Contest FXCM
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Contests
Nov 05, 2014 at 07:47
There seems to be some confusion here. On FXCM's No Dealing Desk (NDD) forex price feed there are 10+ competing liquidity providers which include several of the largest banks in the world. To give you an idea of the proportion of total retail volume we represent, below is a table comparing our retail volume to that of other forex brokers. The numbers shown are in billions of dollars.http://i.imgur.com/bo7Nbgz.pngThe stats above are from the Forex Magnates industry report for Q4 2011. I would post something more recent, but that's the last report that's available to non-subscribers....
Forex Contest FXCM
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Contests
Nov 05, 2014 at 07:46
Hi Even89,Just to check that you can log into any accounts on MT4 server FXCM-USDDemo01, please go to File > Open an Account an try setting up a new non-contest demo on that server. If that lets you connect, then go to File > Login to Trade Account and try logging in with your contest demo login details.
Forex Contest FXCM
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Contests
Nov 05, 2014 at 07:46
Can you see your account in this list? http://www.myfxbook.com/contests/forex-contest-fxcm/25/competitors
Forex Contest FXCM
in
Contests
Nov 05, 2014 at 07:46
Please confirm that you followed all the steps in these instructions: http://www.myfxbook.com/help/trading-station-publisher-wizardLet me know if you're still getting this error.
Forex Contest FXCM
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Contests
Nov 05, 2014 at 07:44
I haven't received such reports from others using the same MT4 demo server FXCM-USDDemo01. Our tech support team is available 24 hours a day by phone or live chat to help you troubleshoot your connection issues. For starters, if you are connecting wirelessly, please try connecting using a hard line for a more stable connection. If that doesn't work, you can contact our 24-hour live customer support using this link: http://bit.ly/1npGdbM
Forex Contest FXCM
in
Contests
Nov 05, 2014 at 07:44
Please confirm that you registered your demo from the contest registration page: http://www.myfxbook.com/contests/forex-contest-fxcm/25/rulesIf you need your contest demo login details to be resent to you, then you can make a request to resend the login details from that page.
Forex Contest FXCM
in
Contests
Nov 05, 2014 at 07:44
Hi Domm3,When adding your account to your Myfxbook portfolio, select Trading Station as your platform instead of MT4. Your login details will actually work on both platforms, but adding the account to your portfolio in this way will allow Myfxbook to access the full trading history.
Forex Contest FXCM
in
Contests
Nov 05, 2014 at 07:43
Please confirm that you registered your demo from the contest registration page: http://www.myfxbook.com/contests/forex-contest-fxcm/25/rulesIf you need your contest demo login details to be resent to you, then you can make a request to resend the login details from that page.
Forex Contest FXCM
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Contests
Nov 05, 2014 at 07:43
On the MT4 platform, right-click on the Market Watch window and select Show All.On Trading Station, click on the Symbols button to suscribe to more symbols.
Forex Contest FXCM
in
Contests
Nov 05, 2014 at 07:42
Hi GLADITOR79,There seems to be some confusion here. The commissions you see on your contest demo account account are not an error. Your demo account is designed to reflect the same new pricing that is available to live account holders. With FXCM, you can trade on raw FX spreads with transparent low commissions. The following video has more details.https://www.youtube.com/watch?v=syMlB5JEtso
Forex Contest FXCM
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Contests
Nov 05, 2014 at 07:40
And have you already tried placing trades on this demo using Trading Station? http://bit.ly/1ib16p0
Forex Contest FXCM
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Contests
Nov 05, 2014 at 07:40
Also, can you post a screenshot of your MT4 platform showing that you're logged into this contest demo account?Thanks
Forex Contest FXCM
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Contests
Nov 05, 2014 at 07:39
Please send me a private message with your contest demo account login details and I'll take a closer look at this for you.
Forex Contest FXCM
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Contests
Nov 04, 2014 at 19:47
You can place a order as small as 0.01 lot AKA one micro lot, but you can place larger orders as well.
Forex Contest FXCM
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Contests
Nov 04, 2014 at 19:46
Hi Everyone,Just now I successfully placed trades on a contest demo account using the MT4 mobile app on both an iPhone and an Android phone and can confirm that my orders went through without any issues. Please make sure that you have all symbols added on your MT4 mobile app and that you are logged into MT4 server FXCM-USDDemo01.
Forex Contest FXCM
in
Contests
Nov 04, 2014 at 19:44
Hi Jim,There seems to be some confusion here. FXCM did not charge any commissions in the past. Therefore, the fact that you are being charged commissions on your contest demo account is confirmation that you're trading on our new pricing.The commission is charged per side. That means you pay the commission once when you open a trade, and again when you close it. It's worth noting that the commission is the only fee FXCM charges. You're trading on raw FX spreads from 10+ competing liquidity providers with any markups, so any spread cost you pay goes straight to them.The commission f...
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