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Direct MessagesDate/Time: Tue, 14 May 2024 02:30:34 +0000
FXCM
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| [2019-03-18 15:58:46] |
| grantx - Posts: 244 |
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When opening a trade, what does 1 contract on the Sierra platform represent on the FXCM server?
Date Time Of Last Edit: 2019-03-18 16:18:13
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| [2019-03-18 16:59:58] |
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This is just one currency unit. Normally you would use a trade of 1000 or 10000 unless you are trading a CFD.
Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service: Sierra Chart Teton Futures Order Routing Date Time Of Last Edit: 2019-03-18 17:00:19
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| [2019-03-18 17:48:58] |
| grantx - Posts: 244 |
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I dont know what you mean by 'one currency unit'. Does 1 contract = 1 standard lot size or does 1 contract = 1 dollar per tick? Can you tell me what 1 contract means for the following instruments: Dow Jones Index (US30) German 30 SPX500 US Crude Oil Thanks. |
| [2019-03-18 17:50:57] |
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Those are CFDs and not currency pairs. As far as what a quantity of 1 means for each of those contracts, contact FXCM. They will know best. We cannot answer this question reliably. Other than to say when you set a quantity of 1 that is what is sent to FXCM.
Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service: Sierra Chart Teton Futures Order Routing Date Time Of Last Edit: 2019-03-18 17:51:47
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| [2019-03-18 17:56:54] |
| grantx - Posts: 244 |
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For anyone that stumbles across this question. It appears that 1 contract = 0.10USD per pip. https://help.fxcm.com/uk/Product-Guide/Indices/82324235/US30.htm Date Time Of Last Edit: 2019-03-18 17:57:59
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