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Re: FXCM: new pricing model for FOREX trades [Re: DdlV] #445798
09/25/14 01:59
09/25/14 01:59
Joined: Jan 2014
Posts: 41
K
killerkhan Offline
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killerkhan  Offline
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K

Joined: Jan 2014
Posts: 41
Now there is no spread difference between their standard account and active trader account.

Re: FXCM: new pricing model for FOREX trades [Re: killerkhan] #445801
09/25/14 08:28
09/25/14 08:28
Joined: Jul 2013
Posts: 75
R
royal Offline
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royal  Offline
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Joined: Jul 2013
Posts: 75
Quote:
Hi Sphin. Do you have a US account? From what I read on-line, I thought this was a US-only update?

Thanks.


No it's not US only. I already have the new spreads since about one week, here in Germany.

Re: FXCM: new pricing model for FOREX trades [Re: royal] #445806
09/25/14 11:11
09/25/14 11:11
Joined: Jun 2013
Posts: 1,609
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DdlV Offline
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DdlV  Offline
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Thanks royal. So it appears to be US & Germany clients only so far...

Think of the rest of us out in the cold frown as you enjoy your new spreads! laugh

Re: FXCM: new pricing model for FOREX trades [Re: DdlV] #446010
10/01/14 19:52
10/01/14 19:52
Joined: Jun 2013
Posts: 1,609
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DdlV Offline
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DdlV  Offline
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Hi jcl, & others. FXCM told me today:

a) German & French accounts are already on the new rates
b) US accounts are being converted now to the new rates
c) UK accounts will begin receiving notice next week and be converted October 26
d) The new rates apply to currencies only - CFD rates are the same

jcl, from what you wrote above, Assets.dta will pick up the new spreads, but not the commissions, correct?

For Testing using the new rates, could we copy an updated Assets.dta to AssetsFix.dta and then simply increase the spreads by the commission amounts? I realize this wouldn't be 100% accurate since 1/2 the commission is charged on entry and the other 1/2 on exit, but it seems it would be close enough...

Thanks.

Re: FXCM: new pricing model for FOREX trades [Re: DdlV] #446018
10/01/14 21:15
10/01/14 21:15
Joined: Dec 2013
Posts: 568
Fuerth, DE
Sphin Offline OP
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Sphin  Offline OP
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Fuerth, DE
Oops - sorry for being too late! DdlV, I have a german account. And I think what jcl answered at the beginning of the thread is a quite good work around.

Re: FXCM: new pricing model for FOREX trades [Re: Sphin] #446049
10/02/14 18:58
10/02/14 18:58
Joined: Jun 2013
Posts: 1,609
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DdlV Offline
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No problem, Sphin! Thanks.

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