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Warcious, I occasionally trade currency futures (left FX a few years ago but considering a return with better marketknowledge..'considering', not 100% gung ho). Yes the time difference is killing me on futures, so I am slowly investigating trading longer timeframes and tracking CL and HG. This is about FXCM, so I'd better stay on topic
Yes, I am having the same issue with the time-frames.
Maybe we can move this conversation into a private conversation over Skype or such.
I am trading mostly FX currencypairs, but slowly moving to FX Futures and other Futures as the quotes are more centralized.
Btw, I have still not received any answer from PhillipCapital.
I got this back from Ninja:
"Thank you for contacting NinjaTrader support.
At this time, the recent announcements from FXCM only affect US accounts. This should not affect accounts with FXCM Australia. NinjaTrader's introducing broker relationship with Phillip Capital only supports futures trading. At this time, it would not be possible to trade spot forex with Phillip Capital. In addition to FXCM, NinjaTrader also supports spot forex trading with Interactive Brokers for non-US accounts. Let me know if I may be of further assistance.
Sincerely,
Christopher
NinjaTrader Platform Customer Service
RE private contact to continue exchanges, that wuld be good. How do we do this in this platform? (Raw Newbie Q)
As a broker you may be subjected to a flurry of small scale modifications of regulations by the authorities, but why would this change the regulatory environment?
Regarding technical aspects of how things are done behind the scenes, readers who aren't aware of him may like to look at Nanex/ Eric Hunsader, for an analysis of the flash crash etc
I'm curious to know, what is the additional question when you shop that will elicit an honest illuminating answer ?
I got this response from my local branch after emailing them asking them the situation:
I have closed my forex accounts primarily because I am now focusing on futures trading. I have had nothing but excellent service from FXCM. The platform is good, the trade executions are lightning quick, I really dont have anything bad to say about the UK office. However, I dont like how the owners have conducted themselves in the US. Quite devious,
The best broker for Forex and non-US residents would be Interactive Brokers IMHO. They support ninja trader and I believe multicharts. But it is catered to the more high-end client.
Yeah same as the previous member commented. Probably the best broker for the US. As options have dwindled due to regulations and other miscellaneous stuff.