A close market order is an order placed to close an open trade at the current market rate. To place an Close Market order in Trading Station, please follow the steps below: From the Summary tab right click the desired…
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This order functions exactly like an open market order with the added benefit of allowing traders to set an “acceptable” range at which they would like to be filled. Open range orders are ideal for limiting negative slippage. To place…
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5 p.m. in New York is considered the beginning and end of the forex trading day. Any positions that are open at 5 p.m. sharp are considered to be held overnight, and are subject to rollover. A position opened at…
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FXCM closely tracks and clearly displays rollover rates. Please be advised, interest rates are provided to FXCM by multiple liquidity providers. Every effort is made to display rollover rates one day before they are posted to your account. However, during…
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Yes. In addition to our policy of transparency in reporting rollover, due to the average notional trading volume that FXCM generates to the liquidity providers it deals with, FXCM is able to pass to its clients' attractive rollover rates on both sides of every currency pair1.
Rollover is the interest paid or earned for holding a position overnight, any client holding an open position at the end of the trading day (5pm EST) will be credited or debited rollover. Most liquidity providers are closed on Saturdays…
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