MetaTrader 4 FAQs - Page 5

dffx · #61 (**permalink**) 11-21-2008, 02:02 PM

Quote:

Originally Posted by FXCM

Thank you for your feedback. The account opening minimum was raised to $5,000 with the official launch of the MetaTrader platform.

The $5,000 minimum is set to better position clients from a risk management standpoint when deploying various systems via the Expert Advisor function where the minimum deal size is 10K currency units.

Clients who wish to open with less than $5,000 can open a regular mini or micro account and take advantage of our FXCM Trading Station which offers transparent rolls, one-click execution, partial fills and allows you to trade straight from the charts.

If you are interested in automated trading systems, our Forex System Selector platform is a great alternative. For more information you can visit:

Forex System Selector Website: Forex Trading System

Forex System Selector Forum: http://www.learncurrencytrading.com/...-selector.html

Am i reading this right?

$5,000?

OMG.

sebas911 · #62 (**permalink**) 11-28-2008, 11:12 AM

Hello, i have open an account with fxcm metatrader 4 but it dont works.I have testet my EA with an demo account from another broker last week, it works very good.But today i want start with my live account, but the station is not working, i testet to trade via manual but its not working too, i have good internet connection and the charts are moving, but i dont can open trades not with automatik and not with manual, i dont know why?

Goonyard · #63 (**permalink**) 12-03-2008, 05:51 PM

Wow, someone to answer that. 5 000 ??? As a rookie trader looking for micro accounts, that's way ahead the kind of commitment I can handle.

Quote:

Originally Posted by dffx

Am i reading this right?

$5,000?

OMG.

adelin2 · #64 (**permalink**) 12-16-2008, 04:00 PM

Hi. Thank you for your advices. I would like to know how to trade commodities in Forex, in fact I would like to know if this fx market involves more than currencies because it may be a guide to know how and when I should invest. It seems traders must be informed about commodities from each currency country and especially know that commodity situation. I can’t find commodities options to trade in my MT4 platform. I’m on the right way? Thanks, Adelin

Jason Andrus · #65 (**permalink**) 12-17-2008, 05:01 PM

Hi adelin2,

The MT4 platform allows you to trade currencies, but some of the currencies are affected by commodity prices. The CAD, AUD, and NZD are often referred to as commodity currencies because of their countries dependence on the export of commodities for income. Visit the USD/CAD forum and AUD/USD and NZD/USD forum for more information on how they relate to commodities.

Quote:

Originally Posted by adelin2

Hi. Thank you for your advices. I would like to know how to trade commodities in Forex, in fact I would like to know if this fx market involves more than currencies because it may be a guide to know how and when I should invest. It seems traders must be informed about commodities from each currency country and especially know that commodity situation. I can’t find commodities options to trade in my MT4 platform. I’m on the right way? Thanks, Adelin

jess82 · #66 (**permalink**) 12-19-2008, 04:26 PM

Ok Jason, it’s an advice for me too because I was wondering how it works in Forex, how to trade with commodities. Now, I’ll evaluate if my platform offers something related with this kind of subjects. Thanks, Jess

adelin2 · #67 (**permalink**) 12-31-2008, 02:46 PM

Quote:

Originally Posted by Jason Andrus

Hi adelin2,

The MT4 platform allows you to trade currencies, but some of the currencies are affected by commodity prices. The CAD, AUD, and NZD are often referred to as commodity currencies because of their countries dependence on the export of commodities for income. Visit the USD/CAD forum and AUD/USD and NZD/USD forum for more information on how they relate to commodities.

then, what a trader has to manage is how commodities affect the markets. I’ll try to find some particular news about oil r gold for example, then I’ll have a look at the chart at the moment of the new to know what’s going on about tendencies. Adelin

scope25 · #68 (**permalink**) 12-31-2008, 05:42 PM

jess, you can find more than currencies to trade also in platforms as Core-view Options. Check it out, it is provided by some brokers. I got mine from Tradeview. Scope

mctaff · #69 (**permalink**) 12-31-2008, 07:04 PM

I'm interested in minimum and recommended hardware requirements for MT4.

My home laptop will have no problems dealing with the application, but I'm after buying a small portable to take to work - will a "netbook" handle running the application (no backtesting, just running a basic EA and the core application), or do I need something more powerful?

Cheers,

David.

gary_rueschhoff · #70 (**permalink**) 01-05-2009, 04:22 AM

I would like to know if your MT4 is going to support the FAP Turbo ea, will the spreads be the same as original platform?

PFV · #71 (**permalink**) 01-05-2009, 08:55 AM

David, any netbook with Intel Atom processor, 1 gig ram, and WinXP will work. I use the Asus EeeBox mounted behind on a LCD monitor as my desk. The EeeBox is a netbox without the screen.

Jason Andrus · #72 (**permalink**) 01-05-2009, 02:25 PM

Gary,

You can use the FAP Turbo ea with FXCM's MT4, as well as any other expert advisors. The spreads are the same as in the FX Trade Station II. Our MT4 uses no dealing desk execution so scalping EA's are welcome on the platform.

Another note: Please make sure that any expert advisor you use is compatible with fractional pips. FXCM quotes rates to 5 decimals (3 decimals on JPY pairs) for fractional pips.

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