At the top of your trading platform click on the Report, button to view your Combined Account Statement. On the statement the "Condition column indicates the order type that closed the trade. The "Created By" column indicates where the order…
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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…
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Usable Margin: is the amount of account equity that is currently not being used to maintain open positions. Usable Margin should be thought of as two things: The amount available to open NEW positions The amount that EXISTING positions can move…
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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…
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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…
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50RETAILS 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…
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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…
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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…
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You can view up-to-date margin requirements listed by currency pair in the MMR column of the "Simple Dealing Rates" window within the Trading Station platform. Margin requirements are subject to change without notice based on price fluctuations.
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…
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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…
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