Trading with FCLite

Overview

FCLite is an application programming interface (API) that allows you to access the FXCM trading system programmatically and execute various trading operations. With FCLite, you can create custom applications, scripts, and strategies that suit your trading needs and preferences. FCLite is a powerful tool that can help you to automate your trading, optimize your performance, and enhance your trading experience.

In this section, you will learn how to use the FCLite API to perform different trading tasks, such as:

Trading Basics: How to use the FCLite API to perform basic trading operations, such as logging in, subscribing to prices, placing orders, and closing positions. For example, you can use the FCLite API to create a simple trading bot that executes market orders based on price movements.
Trading Concepts: How to use the FCLite API to implement various trading concepts, such as risk management, order types, leverage, and hedging. For example, you can use the FCLite API to set up stop loss and take profit orders, adjust your leverage, and hedge your positions.
Trading and Technical Analysis: How to use the FCLite API to apply trading and technical analysis techniques, such as charting, indicators, patterns, and signals. For example, you can use the FCLite API to access historical price data, plot charts, calculate indicators, and generate trading signals.
Accounts: An account is a record of your trading activity and financial status with FXCM. You can use the FCLite API to access and manage your accounts. For example, you can use the FCLite API to get your account balance, margin, equity, and other information.
Instruments: How to use the FCLite API to access and trade various instruments offered by FXCM, such as currency pairs, commodities, indices, and cryptocurrencies. For example, you can use the FCLite API to get the list of available instruments, their specifications, and their prices.
Orders: How to use the FCLite API to place and modify different types of orders, such as market order, limit order, stop order, and one-cancels-the-other (OCO) order. For example, you can use the FCLite API to create a limit order that executes when the price reaches a certain level.
Positions: How to use the FCLite API to monitor and manage your open and closed positions, as well as your profit and loss. For example, you can use the FCLite API to close your position when the price reaches your target or stop level.
Prices: How to use the FCLite API to subscribe and unsubscribe to real-time market prices, as well as to access historical price data. For example, you can use the FCLite API to get the current bid and ask prices of an instrument, as well as the price history for a given period.
Rollovers: How to use the FCLite API to understand and account for the interest charges or credits on your positions, as well as to access the rollover rates and times. For example, you can use the FCLite API to get the rollover rate and time for an instrument, as well as the rollover amount for your position.
Reporting: How to use the FCLite API to generate and download trading reports, such as account statement. For example, you can use the FCLite API to get a report of your trading activity and results for a given period.
Advanced Trading: How to use the FCLite API to perform advanced trading operations, such as partial close, trailing stop, hedging, and backtesting. For Example, implementing custom risk management rules. Suppose you want to limit your maximum loss per trade to 2% of your account balance. You can create an advanced trading script that calculates the appropriate position size based on the stop loss level and adjusts it dynamically as your account balance changes.
Trading Automation: How to use the FCLite API to create and run automated trading strategies, such as trading bots, algorithms, and indicators. For Example, building a moving average crossover strategy. You can automate the process of buying when a short-term moving average crosses above a long-term moving average and selling when it crosses below. The FCLite API allows you to set up triggers, monitor price data, and execute orders automatically based on predefined conditions.

Table of Contents
Trading Basics API Commands used in trading basics
Accounts API Commands used to access, create, modify account information
Instruments API Commands used to access instrument information
Orders API Commands used to access, create, modify order information
Positions API Commands used to access, create, modify position information
Prices API Commands used to retrieve pricing information
Rollovers API Commands used to retrieve rollover information
Reporting API Commands used to retrieve reports
Advanced Advanced API Trading Commands