FXCM Upgrades Trading Station Platform

The broker promises that the updates will make the trading experience more enjoyable and successful.

Leading US brokerage FXCM Inc. (NYSE:FXCM) now makes a buffer between margin warnings and trade liquidation available to its retail traders, as the broker has just introduced a suite of new improvements exclusively launched for its flagship Trading Station platform.

The new upgrades provide traders with critical trading data directly on the platform, in addition to the ability to anticipate margin warnings, test trading strategies during the weekends, write trade robots in JavaScript, as well as other performance enhancements to optimize the trading platform experience.

Join the iFX EXPO Asia and discover your gateway to the Asian Markets

As part of the launch, clients will also have access to a more user-friendly symbol list which allows them to quickly find tradeable instruments.

FXCM Trading Station Screenshot

New updates include:

  • New ‘Smart Margin’ Watcher

Smart margin is designed to alert traders when their account equity falls below margin requirements, which gives trader an opportunity to better gauge his strategies and adjust to market conditions accordingly.

Suggested articles

Going Past the Great Wall: Things to Consider When Entering the Asian MarketGo to article >>

  • New ‘Weekend Simulation’

The new simulator allows traders to enter and exit trades like they would in a real market even when trading is closed on weekends. You can use the simulator to test how well you would have fared under particular historic market conditions, all during open or closed market hours.

  • Intelligent Symbol List Window

Finding an instrument to trade is now much easier with the new symbol list, either through scrolling down the list of tradeable instruments, or by typing the instrument name into the search bar.

  • JavaScript Support

The tool enables traders to build their custom indicators, alerts and strategies using JavaScript. FXCM already offers programming services through its team of developers.

Last time Finance Magnates reported about Trading Station upgrades was in February, when FXCM made live FX volume figures available to retail traders for free through a directional real volume indicator.

Unlike exchange-traded products, forex is a global OTC market, which means that there is no single place to obtain consolidated volumes data. However, figures released by a global brokerage firm like FXCM, which reported last month that its clients’ total volume is worth more than $320 billion, could act as a proxy for the whole industry.

Got a news tip? Let Us Know