Go Back   DailyFX Forum > FXCM Products and Services > FXProgrammers > Discussion / Support Forum > General Discussion

Reply
 
Thread Tools Rate Thread
  #1 (permalink)  
Old 08-16-2009, 09:06 PM
Member
 
Join Date: Jul 2008
Posts: 10
mayorq is on a distinguished road
is fxcm looking to loose clients?

did i read it right that fxcm no longer allows for a bracket order? is the fxcm management idiots?!

fxcm looking to expose traders to huge risk? is this how fxcm makes money? unbelievable!
Reply With Quote
  #2 (permalink)  
Old 08-17-2009, 02:31 AM
Moderator
 
Join Date: Jan 2006
Posts: 1,990
FXCM Help is on a distinguished road
If you are referring to the inability to attach stops and limits directly to individual open positions, this is in direct response the new NFA Compliance Rule 2-43(b) which came into effect after July 31st, 2009, and as a regulated entity we are required to abide by. Read Compliance Rule 2-43(b)

These new regulations will only effect clients of Forex Capital Markets, LLC (FXCM US), and not of others such as Forex Capital Markets Ltd (FXCM UK) and others.

FXCM has introduced a new feature called OCO (One Cancels the Other) entry orders, which will provide traders with the same functionality as they have been accustomed, except that they are not linked to any positions. Watch This Video Presentation To See How To Manage Your Risk Using OCO Entry Orders

For additional information, please visit the "NFA FIFO (First in, First Out) Rules" forum on DailyFX. We will be holding live question and answer sessions within the DailyFX forum. Visit Now
Reply With Quote
  #3 (permalink)  
Old 09-16-2009, 05:32 PM
Registered User
 
Join Date: Sep 2009
Posts: 3
JohnsonGlen is an unknown quantity at this point
Unhappy What is the reason they did this...?

Did they do that to their own benefits, or some new law came out where they were forced to make such awful change??
Reply With Quote
Reply

Thread Tools
Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is Off
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off




Disclaimer: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary and does not constitute investment advice. Forex Capital Markets LLC. will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

All times are GMT -5. The time now is 04:54 PM.
Copyright ©2009 Daily FX. All Rights Reserved.