Forex strategy trader fxcm

7 million forex strategy trader fxcm the CFTC for defrauding retail forex customers. FXCM to deregister from the CFTC.

CLICK HERE to read and discuss the CFTC announcement. The CFTC has filed charges against FXCM related to undercapitalization during the SNB-CHF crisis of January 2015. One of the charges is that FXCM guanteed client accounts against negative balances. Evidently, this form of client protection is against CFTC rules.

Click here to read about it in the FPA’s forums, along with FXCM’s response. October 3rd, 2011:  FXCM fined by the CFTC. 50 currency pairs for your personal investment and trading options. At the heart of FXCM’s client offering is No Dealing Desk forex trading.

Clients benefit from FXCM’s large network of forex liquidity providers enabling FXCM to offer competitive spreads on major currency pairs. Let other traders know if this service is worth checking or should be avoided. Keep in mind that this account is closed and switched half a year ago. Some how thay approved the transaction and start to blaming the bank how explained to me that this is simple possible. It is not correct and thay didn’t give me even some kind of a code to help me track this mystirias transaction.

Glad you are enjoying trading with us! We appreciate your support and feedback. I’ve traded with FXCM in the past, I’ve won and lost many times in my trades. I’m an experienced trader now, trading since 2005. If I wanted to give a review of FXCM, then yes, during my time with them I’ve experienced entering trades before the prices even reached my designated order price, while the market was not volatile, but not all my orders to be honest, and yes, some of my trades have been cancelled before prices even reached my Stop Loss order, which rarely happened. I’m not a day trader, my trades are based on the daily chart, and formulated my trades in the 4 hour chart as a minimum, I never did trades below the 4 hour chart. I don’t recommend day trading especially in Forex due to the high volatility of prices.

So, to conclude, FXCM has technical issues with their platform, but wether it was on purpose or not, that’s another issue. Many traders fund with a small amount to test and then increase their account size depending on how comfortable they are trading. The most common reason a trader would see their stop loss execute without seeing the price reached on the chart is because they aren’t factoring the spread. There are two types of prices to pay attention to in trading.

One is the bid price, which is the price you would sell at. The other prices are called the ask prices, which are the prices you buy at. You can view these by going to Trading Station and pulling up a chart. If there is ever a question about the execution of a trade, you can file a trade audit. At FXCM we take trade audits extremely seriously. We have a team dedicated to dealing with these specific situations.