I Cant use Automated trading (Oanda, FXCM)

Posted By: Gekko

I Cant use Automated trading (Oanda, FXCM) - 11/10/17 16:29

Hi,

I have been backtesting during months and finally i had my own system that i want to test now in a demo account.

But i have problems on this

I manage to connect with FXCM Account, but i get this error when i try to open a position:

[2392: Fri 17-11-10 16:21] (1.16545)
!Error 072 - Can't execute
!Description=19915;DAS 19915: ZDas Exception
ORA-20113: Insufficient margin on account: 1021827.

(EUR/USD::L) Can't open 4004@1.1655 at 16:21:01

How can i fix this?

Respecting OANDA i simply cant login with my Oanda Account, it says simply that my account doesnt have permits to login.

Any help with any of both brokers? Any other idea to test a demo account? Maybe i am doing something wrong in general or forgetting some parameters? i see nothing in the documentation


Thanks
Posted By: jcl

Re: I Cant use Automated trading (Oanda, FXCM) - 11/10/17 16:37

In most cases you can see the reason of problems from the error message by the broker. "Insufficient margin" means that you have not enough money for buying 4004 lots. Depending on your leverage and lot size, you would need a five-digit figure on your account for that. "No permit to login" means that you entered a wrong account number or API token.
Posted By: Gekko

Re: I Cant use Automated trading (Oanda, FXCM) - 11/10/17 16:49

Thanks for such a quick answer JCL. Then i can't understand why try to open 4000 lots... in my script i am specifically writing: lots=1; Any idea?

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