Quote:
Originally Posted by Carri_Trade
Currently I have a strategy I use with another broker. It does not seem to work with FXCM, the logs show it trading lots that are 10 time larger and the stops and limits are 10 times less far away. When I try to trade 2 mini lots it trades 20, and when I try to take 30 pips profit, it takes 3 pips profit. Is my strategy incompatible with FXCM?
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Yes, I have seen these issue before. The take profit issue is often caused when strategies are coded in such a manner that do not account for fractional pips. The lot issue is caused when the strategy does not allow for the customization of lot size. Both of these can be quite easy to variablize. Please contact
consulting@fxcm.com if you would like Programming Services to add these features to your current strategy.