 |
|
06-25-2009, 02:11 PM
|
|
FXOpen Customers Support
|
 |
Join Date: Jun 2008
Posts: 338
FXO Points: 13,321
Rep Power: 442
|
|
The start of FXOpen LIVE ECN/STP!
We are glad to announce the start of Live ECN trading.
We would like to inform that from now ECN accounts registration can be done automatically via this link. From the link please proceed to "Open ECN Account" tab. After this, you would be redirected to an application form.
The benefits of our ECN account are as follow: Interbank Spreads, Fastest Execution, Scalping allowed and welcomed, biggest liquidity, partnering with top institutional liquidity providers in the world...
Try FXOpen ECN Account on MetaTrader4 + Level II from FXOpen TODAY!
Live ECN accounts is a great way for advanced FXOpen clients to enhance their trading opportunities and get access to the new, more sophisticated level of trading.
Any feedback, that might help us improve the ECN live trading service is greatly appreciated. Feel free to share your opinion, make your proposals and report bugs if any in this forum thread.
Thank you for choosing FXOpen! 
Last edited by FXSupporter : 06-25-2009 at 02:17 PM.
|
06-25-2009, 02:48 PM
|
|
Guru
|
 |
Join Date: Sep 2008
Location: In my house
Posts: 1,810
FXO Points: 25,748
Rep Power: 543
|
|
Hello FXSupporter
Congratulations to FXOpen and all behind the scenes that have made this new venture possible, having tested the ECN platform demo from the start I know FXOpen and its new members are on a winner. 
__________________
All predictions must be seen "as if" and not "fact" 
|
06-25-2009, 03:28 PM
|
|
FXOpen Customers Support
|
|
Join Date: Jun 2008
Posts: 338
FXO Points: 13,321
Rep Power: 442
|
|
Thank you ilearn2t.
I'd like to thank YOU in return for your active contribution to the ECN Demo testing and dicsussion. Waiting for your valuable comments about LIVE ECN
The best of luck to you in your trading! |
06-25-2009, 03:48 PM
|
|
FXOpen Development Director
cool user
|
 |
Join Date: Feb 2007
Posts: 5,084
FXO Points: 95,680
Rep Power: 25
|
|
And here we go... 
I would like to thanks all of our supporters and testers for ECN Demo, I believe that you will not be dissapointed with ECN Live perfomance as well!
__________________
You have just one decision to make... Buy or Sell ...Let us handle all the rest ... FXOpen - Your ideal Partner.
|
06-25-2009, 10:05 PM
|
|
Old Member
|
Join Date: Mar 2009
Posts: 658
FXO Points: 24,576
Rep Power: 342
|
|
hi
i would like to know that what is the final commission structure for the liev ECN account trading.
Is it a fix amount, a %age, a combination?
Is the min position size is 1 lot? Can it be opened anything above, or only 1 lot increments? ie, possible 1.2 lot?
sorry if i missed at somewhere else the answers.
thx
|
06-25-2009, 10:14 PM
|
|
Guru
|
|
Join Date: Sep 2008
Location: In my house
Posts: 1,810
FXO Points: 25,748
Rep Power: 543
|
|
Quote:
Originally Posted by lizerzoltan
hi
i would like to know that what is the final commission structure for the liev ECN account trading.
Is it a fix amount, a %age, a combination?
Is the min position size is 1 lot? Can it be opened anything above, or only 1 lot increments? ie, possible 1.2 lot?
sorry if i missed at somewhere else the answers.
thx
|
Hello lizerzoltan
The minimum is 1 lot on ECN but I just made a test sell order on my demo for 1.10 and it worked.
Update: Commission seems to work out at $1.147 for every 0.10 on GBP/USD.
__________________
All predictions must be seen "as if" and not "fact"
Last edited by ilearn2t : 06-25-2009 at 10:21 PM.
Reason: Updating
|
06-26-2009, 06:17 AM
|
|
FXOpen CEO
|
 |
Join Date: Jan 2005
Posts: 36
FXO Points: 750
Rep Power: 25
|
|
Quote:
Originally Posted by lizerzoltan
hi
i would like to know that what is the final commission structure for the liev ECN account trading.
Is it a fix amount, a %age, a combination?
Is the min position size is 1 lot? Can it be opened anything above, or only 1 lot increments? ie, possible 1.2 lot?
sorry if i missed at somewhere else the answers.
thx
|
The round turn commissions per 1.0 lot is 0.007%. Which is equal 7 USD per 100K traded on USD based currencies.
About your second question:yes you can open positions with the step 0.01 (Example: 1.13Lot or 43.21Lot). But the minimum position which can be opened is 1Lot.
|
06-26-2009, 11:06 PM
|
|
Old Member
|
Join Date: Mar 2009
Posts: 658
FXO Points: 24,576
Rep Power: 342
|
|
hi.
thx for the answers.
Is there a need to have 2 separate standard account, and transfer always between ( one standard, and one ECN) ?
i might like sometimes to trade smaller then 1 lot, and sometimes to take 1 lot, if conditions are allowing that....ie. my entry signal is strong enough.
thx
|
06-27-2009, 09:03 PM
|
|
FXOpen CEO
|
|
Join Date: Jan 2005
Posts: 36
FXO Points: 750
Rep Power: 25
|
|
Quote:
Originally Posted by lizerzoltan
hi.
thx for the answers.
Is there a need to have 2 separate standard account, and transfer always between ( one standard, and one ECN) ?
i might like sometimes to trade smaller then 1 lot, and sometimes to take 1 lot, if conditions are allowing that....ie. my entry signal is strong enough.
thx
|
As implementation of ECN types of accounts still in process(opening, funding, withdrawal and etc. procedures.. ) the only one way how we can open for you an ECN account is manually. So, we need your standard account number to be able to use your personal data which we have on file for your current account for opening with the same data an ECN account. And of course for now you can only fund automatically via e-currencies we accept or via bank wire only your standard account. So, for funding your ECN account you just need to request us to transfer funds form your standard account to your new opened ECN account.
|
06-28-2009, 07:20 AM
|
|
Old Member
|
Join Date: Mar 2009
Posts: 658
FXO Points: 24,576
Rep Power: 342
|
|
hi.
thx.
what i really meant is: if the account funding is handled separate between this 2 accounts, isnt that mean that if i cant trade my fund in both type instantly?
ie: i want to trade 0.5 lot on my standard, but then i decide to open a 1 lot position on ECN...i dont have yet the amount to have 2 fuly funded account safely away from any margin calls...
but also, while trading, i cant wait hours for an internal transfer, really. |
06-28-2009, 03:34 PM
|
|
FXOpen Development Director
cool user
|
|
Join Date: Feb 2007
Posts: 5,084
FXO Points: 95,680
Rep Power: 25
|
|
Quote:
Originally Posted by lizerzoltan
hi.
thx.
what i really meant is: if the account funding is handled separate between this 2 accounts, isnt that mean that if i cant trade my fund in both type instantly?
ie: i want to trade 0.5 lot on my standard, but then i decide to open a 1 lot position on ECN...i dont have yet the amount to have 2 fuly funded account safely away from any margin calls...
but also, while trading, i cant wait hours for an internal transfer, really. |
I guess you do not need to be in hurry, if you have not enough funds to keep both accounts better to concentrate just on one of them, very important to follow right money management.
p.s. just my 2 cents
__________________
You have just one decision to make... Buy or Sell ...Let us handle all the rest ... FXOpen - Your ideal Partner.
|
06-28-2009, 06:55 PM
|
|
Member
|
Join Date: Mar 2009
Posts: 39
FXO Points: 857
Rep Power: 269
|
|
how are partial fills handled?
|
06-28-2009, 07:17 PM
|
|
FXOpen Development Director
cool user
|
|
Join Date: Feb 2007
Posts: 5,084
FXO Points: 95,680
Rep Power: 25
|
|
Quote:
Originally Posted by 4EverMaAT
how are partial fills handled?
|
As I know, full information and guide will be available to check in about 1 week period.
__________________
You have just one decision to make... Buy or Sell ...Let us handle all the rest ... FXOpen - Your ideal Partner.
|
06-29-2009, 11:42 AM
|
|
Old Member
|
Join Date: Mar 2009
Posts: 658
FXO Points: 24,576
Rep Power: 342
|
|
Quote:
Originally Posted by FXOpen Manager
I guess you do not need to be in hurry, if you have not enough funds to keep both accounts better to concentrate just on one of them, very important to follow right money management.
p.s. just my 2 cents
|
THX, and agree, i dont like also to miss accounts much. The thinking was that once i sometimes trade larger enough, then execution/commission should be better on ECN...
btw, a new question: IF ECN used, how is IB bonus program goes? Or it isnt valid there?
thx again
zoltan
|
06-29-2009, 11:57 AM
|
|
FXOpen Development Director
cool user
|
|
Join Date: Feb 2007
Posts: 5,084
FXO Points: 95,680
Rep Power: 25
|
|
Quote:
Originally Posted by lizerzoltan
THX, and agree, i dont like also to miss accounts much. The thinking was that once i sometimes trade larger enough, then execution/commission should be better on ECN...
btw, a new question: IF ECN used, how is IB bonus program goes? Or it isnt valid there?
thx again
zoltan
|
There will be IB programme, but conditions will be very different from usual ones.
__________________
You have just one decision to make... Buy or Sell ...Let us handle all the rest ... FXOpen - Your ideal Partner.
|
| |
|
|
|
| Thread Tools |
|
|
| Display Modes |
 Linear Mode
|
|
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
|
| |
Calendar |
 |
|
|
The start of FXOpen LIVE ECN/STP!
ICQ 441 425 460
