jasonrogers's Posts - Page 9

Forex Contest FXCM in Contests Oct 31, 2014 at 21:55

The contest begins next Monday. There is a countdown clock on the rules page where you can also register for a contest demo account which will start you off with a virtual balance of $50,000: http://www.myfxbook.com/contests/forex-contest-fxcm/25/rulesWhen you register for a contest demo account on this page, you will receive an email with your login details and a link to download the platform. You can also download MT4 from here: http://download.fxcorporate.com/FXCM-MT4Install.exeNote that you can also trade your account using Trading Station Desktop, Trading Station Web and Trading Station M...

Forex Contest FXCM in Contests Oct 31, 2014 at 21:47

If you're asking whether you can use EAs in this trading contest, then the answer is yes you can.

Forex Contest FXCM in Contests Oct 31, 2014 at 21:45

Hi Chompiras,There are no restrictions on trading volume in this contest. It's worth noting that on FXCM's No Dealing Desk (NDD) forex execution model, we make our money from client trading volume, not client losses. That means high volume traders are our best clients. Plus, our raw FX spreads are ideal for scalping: http://www.myfxbook.com/forex-broker-spreadsThe only limit on your open positions is the margin that's available in your trading account. To provide equal opportunity to all eligible participants, the contest will be conducted using FXCM UK's MT4 demo trading platf...

Forex Contest FXCM in Contests Oct 30, 2014 at 18:18

Hi Everyone,As eogorfx mentioned, the Bid and Ask prices you see in the Market Watch window of your contest demo account are the best bid and ask prices being quoted from among 10+ competing liquidity providers on our No Dealing Desk (NDD) forex execution. Those are the actual quotes available to you to execute your trades on our new pricing.However, the MT4 charts still show our old pricing, because many clients on these servers have not yet been upgraded to the new pricing (the transition is being done region by region to ensure we follow regulatory requirements for due notice to traders whi...

Forex Contest FXCM in Contests Oct 30, 2014 at 17:35

Great suggestion, Sceadagenga!Anyone who would like a separate (non-contest eligible) MT4 demo account to practice can sign up for one using this link: http://bit.ly/1hsrI1NTo view all the currency pairs and CFDs that are available for you to trade:- on MT4, right-click on the Market Watch window and select Show All.- on Trading Station, left-click on the Symbols button and subscribe to your desired currency pairs and CFDs.

Forex Contest FXCM in Contests Oct 30, 2014 at 17:02

Please use server FXCM-USDDemo01 to log into your contest demo account. Thanks to Abdullah Mohammad Manjurul Islam for sharing this solution. 😄

Forex Contest FXCM in Contests Oct 30, 2014 at 16:55

Yes, you can trade GER30 and all other CFDs available through FXCM UK.To provide equal opportunity to all eligible participants, the contest will be conducted using FXCM UK's MT4 demo trading platform that provides functionalities and access to products that may be unavailable or restricted depending on a trader's residence. For example, traders in the US are not allowed to trade live forex accounts with more than 50:1 and a prohibited from trading CFD products for gold and oil. However, in this trading contest, US traders will be able to trade with up to 200:1 leverage and trade any C...

Forex Contest FXCM in Contests Oct 30, 2014 at 16:52

Please note that trading in your demo account is disabled until the start of the contest next week: http://www.myfxbook.com/contests/forex-contest-fxcm/25/rules

Forex Contest FXCM in Contests Oct 30, 2014 at 16:46

When you register for a contest demo account on this page, you will receive an email with a link to download the platform: http://www.myfxbook.com/contests/forex-contest-fxcm/25/rulesYou can also download MT4 from here: http://download.fxcorporate.com/FXCM-MT4Install.exeNote that you can also trade your account using Trading Station Desktop, Trading Station Web and Trading Station Mobile: http://bit.ly/1ib16p0

Forex Contest FXCM in Contests Oct 30, 2014 at 16:41

To provide equal opportunity to all eligible participants, the contest will be conducted using FXCM UK's MT4 demo trading platform that provides functionalities and access to products that may be unavailable or restricted depending on a trader's residence. For example, traders in the US are not allowed to trade live forex accounts with more than 50:1 and a prohibited from trading CFD products for gold and oil. However, in this trading contest, US traders will be able to trade with up to 200:1 leverage and trade any CFD products we offer including gold and oil just like all other contes...

Forex Contest FXCM in Contests Oct 30, 2014 at 16:35

Hi Mylin,Your demo account for this contest will work on MT4, Trading Station Desktop, Trading Station Web and Trading Station Mobile. Both MT4 and Trading Station Desktop are Windows-based, so to use these platforms on your Mac you must have a way to run Windows programs: http://bit.ly/1ib16p0Alternatively, you can use Trading Station Web on your Mac, since it can be run from your web browser: http://bit.ly/1nTgFnXTrading Station Mobile will work on your smartphone or tablet: http://bit.ly/1tl2Yiu

Forex Contest FXCM in Contests Oct 30, 2014 at 16:06

Thanks jdwbryan, you are correct. 😄If you see your country listed as eligible to open a trading account on FXCM's application page, then that means you are also eligible for this demo trading contest: http://bit.ly/14YvtsrThat's because the prizes are funding trading accounts: http://www.myfxbook.com/contests/forex-contest-fxcm/25/rules

Forex Contest FXCM in Contests Oct 30, 2014 at 15:53

Please note that trading in your demo account is disabled until the start of the contest next week: http://www.myfxbook.com/contests/forex-contest-fxcm/25/rules

Forex Contest FXCM in Contests Oct 30, 2014 at 15:43

Yes Spunta, hedging will be allowed in this contest since all participants will be using FXCM UK demo accounts regardless of where they live.

Forex Contest FXCM in Contests Oct 30, 2014 at 15:35

Hi guys,There are no restrictions on trading volume in this contest. It's worth noting that on FXCM's No Dealing Desk (NDD) forex execution model, we make our money from client trading volume, not client losses. That means high volume traders are our best clients. Our raw FX spreads are ideal for scalping: http://www.myfxbook.com/forex-broker-spreadsThe only limit on your open positions is the margin that's available in your trading account. To provide equal opportunity to all eligible participants, the contest will be conducted using FXCM UK's MT4 demo trading platform that pr...

Forex Contest FXCM in Contests Oct 30, 2014 at 15:22

Hi Najib,Updates for the Speculative Sentiment Index (SSI) are provided twice a day for FXCM live account holders on the DailyFX PLUS site. However, you can sign up for a free trial of DailyFX PLUS to use during this demo contest: http://bit.ly/13kGnZrFor those interested in learning more about SSI, here's a copy of the latest weekly update: http://bit.ly/1yyetXK

Forex Contest FXCM in Contests Oct 27, 2014 at 23:06

Hi Pedex,There are no restrictions on trading volume in this contest. It's worth noting that on FXCM's No Dealing Desk (NDD) forex execution model, we make our money from client trading volume, not client losses. That means high volume traders are our best clients. Our raw FX spreads are ideal for scalping: http://www.myfxbook.com/forex-broker-spreads

Forex Contest FXCM in Contests Oct 27, 2014 at 23:02

Yes, all FXCM MT4 demo accounts in this trading contest are denominated in US dollars for easy comparison, and you can log into this FXCM demo server: FXCM-USDDemo01

Forex Contest FXCM in Contests Oct 27, 2014 at 22:58

Yes, traders in Thailand and Russia are eligible to participate in this trading contest. 😄

Forex Contest FXCM in Contests Oct 27, 2014 at 22:55

You can use an automated strategy (robot) or trade manually, or even use a combination of both approaches. 😀

EURUSD	1.05265	GBPUSD	1.26077	AUDUSD	0.6456
USDJPY	154.322	USDCAD	1.40888	USDCHF	0.8882

Posts by jasonrogers