A stop entry order is an order to buy above the current market price with a long trade or sell below the current market price with a short trade. To place a stop entry order in Trading Station, please follow…
Learn More
What is a Contingent Order type? Users are also allowed to place their own contingency order type. This is an order that is in some way linked and ‘contingent’ on the triggering of another order. The options that clients have…
Learn More
Your strategy may require you to cut losses at a certain point. Stop orders execute similarly to Stop entry orders, but get you out of the market, rather than in. Stop Orders guarantee execution, but not a particular price. To…
Learn More
A trailing stop is a stop that adjusts to a more favorable rate as the trade moves in a trader's favor. The amount the stop moves depends on the type of trailing stop and what the trader sets it at.…
Learn More
A limit entry order is an order used to buy below the current market price with a long trade or sell above the current market price with a short trade. To place a limit entry order in Trading Station, please…
Learn More
This an order placed to enter a trade at the current market rate. To place an Open Market order in Trading Station, please follow the steps below: From the Dealing Rates window, left click on the Sell or Buy price…
Learn More
A Close Range order functions exactly like an Close Market order with the added benefit of allowing traders to set an “acceptable” range at which they would like to be filled. Close range orders are ideal for limiting negative slippage.…
Learn More
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…
Learn More
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…
Learn More
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…
Learn More
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…
Learn More
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.