FAQs about the MetaTrader platform are attached to this thread.

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20 TOP MT4 FAQs (Last Updated 9/23/2008)

What is the minimum to open an account?
FXCM's MetaTrader was launched on September 22, 2008. The minimum was raised to $5,000 from $2,000 as the platform is no longer in its limited beta release phase. Posts regarding minimums made before the launch date should be disregarded.

How do I open a live account?
You can fill out the MetaTrader specific application referencing MTI Mini Account (MTI1). If you are an existing account holder you can fill out the transfer form.
https://secure2.fxcorporate.com/fxtr...e=en_US_MTFXCM

Will I be able to open a EUR, GBP, AUD, CAD or JPY MetaTrader accounts?
For the time being we are only opening MT4 USD Mini accounts.

How do I register for a demo account?
Demo accounts are not available at this time. Attention and resources are currently being put towards live trading. We plan to have demo accounts activated when we feel confident that the program can handle sufficient volume. At that time demo accounts will be available to all clients who download the software on the MetaTrader home page. MetaTrader home page.

Will hedging be automatically enabled?
Yes.

Will I be able to download the software on my Macintosh computer?
The MT4 software will only be available for Windows based applications.

Will I have access to DailyFX+?
Yes. All FXCM live account holders have access to DailyFX+View a tutorial of the site here: DailyFX+ Walkthrough

Will I be able to trade in 1K lots?
The minimum trade size with FXCM is 10K.

Will I be able to manage other people’s accounts?
Initially FXCM will not be offering the MT4 MultiTerminal software. This is a feature that we may be offering in the future.

Will I be able to use the MT4 and FXTS software interchangeably?
You will not be able to access the MT4 software and the FXTS software via the same login. You can however open two separate accounts with FXCM if you wish to have access to both.

Will fractional pips be offered on MT4?
Yes.

Will one-click/double-click features be available on MT4?
No. This feature is only available through the FX Trading Station.

Will MT4 allow for partial fills on large orders.
No. This is a limitation of the MetaTrader software.

Will there be order size limits on MT4?
Yes. There will be a 2 million order size limit (2000K, 200 mini lots, 20 standard lots). FXCM is imposing this limit in anticipation of a higher rejection rate as the MetaTrader software has limitations which prevent it from incorporating partial fills.

Will phone orders be allowed?
Phone dealing is available but only to place stops/limits to close an open position. Market orders or stop/limit entries are not available via phone.

Will I be able to upload my Expert Advisor?
Yes.

Will I have access to SMS and email?
The initial release of the platform will not offer SMS alerts and email alerts.

Will my client terminal need to be on for the trailing stop to execute?
Yes. This is a limitation of the MetaTrader software. This is not the case when trading via FXCM’s FX Trading Station.

Will I be able to use MT4 via my PDA?
This capability will not be available for the initial release.

Can I have two accounts show in the MT4 client terminal?
Only one account will show at a time in the MT4 Client Terminal.

Does MT4 have the same NDD price feed as the FX Trading Station?
Yes.

Here I read
How do I register for a demo account?
Demo accounts will be available to all clients who download the software on the MetaTrader home page.
http://www.fxcm.com/metatrader-platform.jsp

But demo server is unavailable. No way to have a demo account?

Hi Metcalfe,

We do not have demo accounts available at this time. We we will hopefully have them available by the end of the month.

ok, thanks

Do I understand these items correctly?

• You can NOT access the same account through MT4 and TradeStation.
• The MT4 account is a minimum of $2k to open.

Yes, that is absolutely correct.

Demo - 30 days or unlimited?

When we do offer MT4 Demos (towards the end of the month), they will be available for 30 days.

Hi
How do I transfer my FXCM live mini account to Metatrader?

Thnx

To transfer your FXCM Mini account into a MetaTrader account you must simply fill out the MetaTrader transfer form. I have attached the transfer form to this thread for your convenience. Please note that this is the transfer form for FXCM LLC (FXCM US Accounts). There is a separate form required if you hold an account with FXCM LTD (FXCM UK).

Attached Files

FXCM Trader 4_Transfer For_18032008_FXCM LLC.pdf (110.8 KB, 753 views)

What kind of order fxcm metatrader4 support?
Instant order or Market Order.
I mean, Instant Order my trade is executed at quote I see,and if the given quote changes because of fast market I get requoted and I can choose the new quote or not,
or
Market Order, filled at best price and I get the market price even if it's different frome the quote I saw?

The MT4 software allows for a maximum deviation setting. Therefore, if you allow a range for 10 pips, you can be filled at any price within this range. If however you set your market deviation to 0 you may receive a requote if you are unable to be filled at this price.

Do you have demo accounts with MT4 ?

I have USD 300.00 live miniaccount with FXCM.
Do I need to increase my account balance if I want to transfer from my FXTS account to MT4 TS account?