The Pepperstone Razor account and FinFX's ECN accounts get their price feed directly from Integal and route orders there as well. There's no dealing desk. Integal services so many different types of entities within the market they can't just adjust ...

Low Spread ECN/STP Broker

.... I'm probably going to wake up tomorrow feeling well rested and half over this cold and think this entire thing was just silly to spend so much time dwelling on (ultimately it matters not for my type of trading.) But it's something that caught ...

Question : is this a paradox?

Exactly what I've settled on so far... I'm just trying to figure out the exact equation for that relationship in leverage change to price...

Question : is this a paradox?

I mentioned a few posts ago that should the account have been in CHF, the loss would be $5k as expected. But that's not quite the problem, we are trying to figure out the proper exposure for 1:1 leverage when the account is in USD. Remember, our ...

Question : is this a paradox?

average per day? under 30 seconds? It's not the same problems as before...

Pepperstone Forex

So just had a chat with an Oanda support rep on about this very subject (since this directly affects a very practical application of trading that I plan on utilizing in the near future, I felt it was worth bugging them about it.) (that and I've been ...

Question : is this a paradox?

Now I'm confused... lol... I got mixed up for a moment. It would only be a $5000 loss should the base currency of the account itself be in CHF. In USD, the loss is the full $10k USD, as per both babypips and Oanda's method of calculation. I'm glad ...

Question : is this a paradox?

Woah... wait a tick... something doesn't add up here... let me get back to you.

Question : is this a paradox?

I think I see where your confusion is coming from. The babypips article is calculating the net profit/loss based on the opening and closing rate as if the closing order affected the pip value of the opening order. This might send people thinking ...

Question : is this a paradox?

Everything in my post above is in line with that link to babypips... They do a slightly better job of explaining it, but the info is the same. EDIT::: Actually, wait, I think I see where your confusion is coming from. The babypips article is ...

Question : is this a paradox?

Exact math of it: Quote of pair == USD/CHF Meaning the quote says: $1 USD buys $X CHF Example: Current quote is ~ 0.91231 on the USD/CHF So $1 USD buys 0.91231 Swiss Francs (this is also why we quote Yen in such high numbers, since $1 USD buys a lot ...

Question : is this a paradox?

It's called interest arbitrage... It works but there's usually an extra fee for opening or closing positions in Islamic-style accounts. I'm not sure how Armada Markets charges for this. Interest strategies like this are better used between two ...

LMAX = revolution?!?

GSLOs do exist, I assure you of that. But most brokers don't actually offer them to you. They instead let the stop loss level trigger a market order to close your position and whatever market price you get depending on how badly you get slipped on ...

LMAX = revolution?!?

Order number in MT4 or fxTrade? Do you see a theme starting here?

trouble with Oanda today

It's not interesting, your thread is only 4 hours old. Oanda is based here in Toronto and it's currently Friday after work hours. Their front line chat support people aren't exactly accountants and the rest of the office is at happy hour kicking off ...

trouble with Oanda today

Always go by the transaction record within fxTrade. Launch fxTrade and generate a full transaction report. Cross reference this to your own trading records. Filter out just the interest charges, do they add up to a large sum? Is there an adjustment ...

trouble with Oanda today

Do you mean in MT4? Tools > History Center > Double Click Timeframe > Export Button Saves it as a CSV file that excel can use. There's limitations though, it will only have the data provided by your broker going back a set amount of bars... ...

Export information to Excel

One of my bank friends (desk at one of the big 5 here in Canada) told me they get really tense meetings with their managers once positions get beyond 4-5:1 leverage in fx exposure. They are allowed to go that high, but they better have a good ...

What leverage is used by FX hedge fund/FX prop traders in banks?

Was it just before 2am EST (~8:30 server time)? EDIT: Oh, just read your post title that said ~5:40 Sydney time. Yeah, that's around the same time but might not have been the exact same disconnect I got. That's the only disconnect I have experienced ...

Pepperstone Forex

Ok.... I bite, what's with all the sub 50 post accounts on this forum preaching about LMAX? Also, futures are completely different from the spot market. Are you sure you mean "futures broker" when you're talking about Armada? I think you mean STP or ...

Low Spread ECN/STP Broker