The times on your FXCM statement are in UTC. You can change the time zone on your charts to UTC by clicking on System, Options, and General Trading. Edit the “Time Zone” drop down to “UTC” and click on Apply. Marketscope…
Cryptocurrency Margin Requirements are updated shortly after market open (Sunday 18:00 ET) and then updated daily during the market break (Between 16:45 ET to 18:00 ET Daily). Cryptocurrencies are currently leveraged at 2:1 and the new margin requirement will be the equivalent…
Clients that hold an open position at the time of an FXCM expiration will have their positions closed at our rate during the market break. When a product expires, all pending Entry orders and Stop/Limit orders that are associated with…
RETAILS CLIENTS Available leverage is determined by ESMA and not by FXCM. FXCM offers different leverage for different tradeable instruments. 30:1 leverage restriction for major currency pairs 20:1 for non-major currency pairs, gold and major indices 10:1 for commodities other…
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…
Trading on Margin (Trading with Leverage) is a common attraction of the Forex market. It allows you to open trades that are larger than the capital in your account. Example In the example above, $1,000,000 have been purchased through a long…
The usable margin column in the accounts window of the Trading Station shows the amount of funds you have remaining in your account to open new positions or guard against losses. There are two things that can decrease your usable…
FXCM offers several account types to meet your trading needs including mobile trading, automated trading, or Mac-compatible platforms. You can compare the features of our platforms at the Forex Trading Platform Comparison Page. The most popular platform is the award-winning Trading…
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…
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…
When you use excessive leverage, a few losing trades can quickly offset many winning trades. To clearly see how this can happen, consider the following example. Scenario: Trader A buys 50 lots of USD/JPY while Trader B buys 5 lots of…
Slippage is a factor when trading any financial market. Slippage occurs when the market gaps over prices or because available liquidity at a given price has been exhausted. Market gaps normally occur during fast moving markets when a price can…