FXCM Trading Station II - Free download and software ...

Trading station and spread betting

Got myself an FXCM demo spread betting account and getting to grips with the trading station platform.
The live spread quoted on the FXCM website has EUUSD at ~0.4pips for spread betting but Trading station gives me a 1.4 spread. It is definitely a spread betting account and is stated at the top of the window, but I don't know if I need to tell it I want to enter a trade as a spread bet rather than a standard forex trade.
Could this be due it being a demo or is there a setting I need to select to alter the trade type get the actual spread betting spread and commission rather than the standard spread?
I'm asking here because I have struggled to unearth much on their website.
submitted by kuqi_couture to Forex [link] [comments]

So I want to start using trailing losses...

But I've no idea on how to use them properly. I've heard that there're 2 kinds of T-Stops - http://www.dailyfx.com/forex_forum/fxcm-trading-station-ii-marketscope-charts/278523-can-you-explain-trailing-stops.html , so which does Oanda (current broker) use?
http://i.imgur.com/z2npYYO.png?1 - Current setup
I'm looking to long at 0.782, my stop loss would be around 0.771, but I've no idea how I would place a trailing stop in this case.
Trailing Stops
Do tell me if this is correct/wrong:
submitted by dk105243 to Forex [link] [comments]

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