FXCM Sub Accounts

Posted By: jrath

FXCM Sub Accounts - 01/04/17 02:18

Has anyone tried to use Zorro with FXCM sub accounts ? In the manual it recommends not to try this but I thought I would give it a quick try anyways. It would be nice to use just one loggin to FXCM and see various sub accounts that correspond to scripts. Then I could see my consolidated risk in one place which would be nice. However I don't think it is working - no error message - but my original Zorro can't detect the primary account balance - I don't think. Just wondering if anyone uses FXCM this way. Thanks
Posted By: Sphin

Re: FXCM Sub Accounts - 01/04/17 21:47

I use several accounts at FXCM but with different login-password combinatinos. I don't know how it should work in theory if you have only one login and sub accounts - if you open a trade how do you tell FXCM via Zorro from which of the sub accounts the margin should be acquired and the trade will be balanced?
Posted By: jrath

Re: FXCM Sub Accounts - 01/05/17 01:37

Right. I think I hoped you would just put the second sub account into the second Zorro and log in with the same password. I guess it was a silly idea. Even my first Zorro not happy - it can't detect the margin. I will sort it out. Thanks for reply. j
Posted By: DdlV

Re: FXCM Sub Accounts - 01/05/17 17:17

Hi jrath. Yes, been there, done that. The response from FXCM back then was that subaccounts do not have API access. Sounds like that's still the case.
Posted By: jrath

Re: FXCM Sub Accounts - 01/13/17 01:27

Thanks for the replies. Thought I would just post a couple recent experiences. First I could never even trade my primary account again with Zorro. Once I had added a sub account to the primary Zorro displayed '0' for equity and would not open new trades. I asked FXCM to close the sub account and they have been very slow to do this - still not closed after two weeks. Otherwise I love FXCM and I think they have a cool very stable platform. Especially compared to say IB which seems ancient and tdameritrade which would not let me trade API.

Ok let me get to today's strange behavior. To resolve my issues I opened two new primary accounts with new logins on FXCM. Actually this is very easy on FXCM and as you can do right from the web w/o speaking to a human which is great. So I got my Z1 back in action and trading. But when I started a second Zorro to trade Z2 from the same install dir - shocker - it showed the account equity from Z1 - which is clearly running a different account - and worse it printed messages saying it was resuming the Z1 trades.

To resolve this issue I used a separate install (and newer version 1.44 vs 1.50) of Zorro and all seems fine. Wanted to post to see if I am crazy or if I have done something wrong.
Posted By: jrath

Re: FXCM Sub Accounts - 01/15/17 20:15

Thought I would offer a quick update. I was adding my accounts to the accounts.csv file to make managing easier and noticed a field for 'account number' distinct from username. In this field you can add the primary/sub account details. Once I did this Zorro was able to recognize the margin in each one. Note you need Zorro S license applied or Zorro wont read this file.

On my second issue of running Zorro twice from the same install. I did various test and best I can say is I've seen it work normally sometimes and other times display behavior I find wrong. Will try to find a pattern.
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