(GAIN Capital) vs FXCM Review

Furthermore, there is a lack of in-depth research.

Reviews often praise the high level of customer service on offer. Sell stops and limits are filled at the bid, so, unlike buy orders, their fill prices directly correspond to the chart prices. 

For example, once you have completed the platform download and log in, you will have access to virtually all the same features and functionality that live traders do. Slippage is the dollar cost added to the trade to account for this.

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A quick look at trading blogs and forums and you will see plenty of people want to know how NinjaTrader measures up vs MT4, MT5, TradeStation, and MultiCharts. So, with so many options available, what separates NinjaTrader from the rest?

This means if you lose your internet connection, or you are disconnected from your broker, your stop-losses and target orders could prevent a costly disaster. Drawbacks Despite the number of NinjaTrader benefits, there are certain drawbacks and risks to be aware of. Speed — Some reviews highlight concerns over the speed of the Market Analyser when running scans if you are using over symbols. Apps — Those hoping for a NinjaTrader mobile app for their Android or Apple devices will be left disappointed.

If you day trade when commuting and on the move, this may be a serious problem. However, there have been discussions about a mobile app, so iOS and Android users may soon be in luck. Difficult to learn — This was particularly true for the NinjaTrader 7 version. However, NinjaTrader has to a certain extent, remedied this problem with their latest offering.

You can also now find a range of online video tutorials, guides, and websites that will assist you. However, NinjaTrader is currently best at serving those wanting to trade futures, forex, and stocks.

Fortunately, platform and brokerage reviews report high levels of satisfaction with both. Charting In terms of charting capabilities, NinjaTrader scores highly. Their comprehensive tools will compliment your trading ideas with user-friendly and highly customisable systems.

If you contact TradeStation, you may even be able to reset your simulated account. However, the fact that there is no free trial option for public use may seriously deter novice traders.

It means potential customers have no way to test-drive the platform. Having said that, it is worth keeping an eye on their official website, as at times TradeStation has run a day free trial download. Firstly, there is the wealth of educational resources from the TradeStation university, from new platform training to useful webinars. There are also manual PDFs to ensure installation and getting started is made easy.

Finally, TradeStation Labs helps you apply your new-found trading knowledge. It also means third-party developers can create and integrate applications using a programming language that makes and receives HTTP requests and responses. Automated Trading It is no secret huge numbers of users now capitalise on the capabilities of genetic algorithmic trading. Automation allows you to enter and exit far more trades than you ever could manually.

Activate a Chart Analysis window which contains a strategy. Check information is correct and then hit Close to apply the changes. However, high-frequency trading is not a shortcut to riches. You still need to carefully monitor your strategy. RadarScreen Part of your platform software download will grant you access to the RadarScreen feature.

Rather than scrolling through historical options data and penny stocks quotes, you can identify potential opportunities with ease. You can also customise the scanner in line with charts and market trends.

Hot Lists This helps flag up unusual activity. Over hot lists will help you see which ticker index and futures symbols may break above the week high. You may instantly see the bitcoin futures symbol is about to gap up at open, for example. You can build and alter indicators within your trading platform. Fortunately, TradeStation is one of the most reputable online brokers in the world. Users can relax in the knowledge their accounts have protection in a range of scenarios, such as bankruptcy or failure.

Benefits There are several very good reasons prospective traders should consider TradeStation, including: Accessibility — TradeStation is continuously improving their global accessibility and community. EasyLanguage — Blogs and forums are quick to highlight how fantastic the Easy Language system is for traders with little experience writing code who want third-party development. Furthermore, there is a wealth of Easy Language manuals and examples out there to assist users. Powerful platform — Following the platform overhaul, the TradeStation 10 platform promises all the tools aspiring traders need to effectively trade.

In fact, take their proprietary platform vs Metatrader 4 and they make a worthy contender for the industry gold standard. On top of that, the Web Trading system succinctly compliments the desktop platform. Exporting historical data — Often securities brokers fall short in terms of market data, however, customer reviews show TradeStation goes above and beyond with vast amounts of downloadable historical data.

This allows users to back-test and optimise strategies. Customer support — Equities and futures reviews show customer service representatives are able to fix most problems when a platform has stopped working. You also have a choice of contact options, from phone support to live chat and email. Drawbacks Despite the advantages above, there are also several downsides to the TradeStation offering, including: Watch lists — You cannot sync watch lists across platforms.

Instead you have to keep them separately which detracts from the overall user experience. Free data limitations — As data reviews frequently highlight, the free data you get with flat-fee accounts does not include Dow Jones Industrials and Russell index quote data.

Furthermore, there is a lack of in-depth research. This is the same with mutual funds. Despite offering around 4,, none are no-transaction-fee funds and research is minimal. However, many features still require an expensive subscription for those who do not meet account and trading minimums. Trading Hours Trading hours are mostly the same regardless of user locations.

However, TradeStation does also offer after-hours trading. So while the normal trading day is between Users are automatically able to trade during extended hours.

You do not need additional documentation. Also, TradeStation does not charge any extra commissions or fees for extended hours trading. See the official website for upcoming holiday hours.

Reviews often praise the high level of customer service on offer. You can get in contact by phone between


Minimum Initial Deposit 

FXCM offers three account types: Mini, Standard, and Active Trader. The Mini account is the only account that provides Dealing Desk execution and which involves no commission fee. In addition, API connections are not available on Mini accounts.

Sep 23,  · Does FXCM use the Tradestation platform? Broker Discussion. Regulation: FXCM AU is regulated by ASIC [AFSL ] Branches: FXCM Australia Limited ("FXCM AU" or "FXCM Australia") is an operating subsidiary of FXCM . 

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Trading Station Desktop has the most advanced charting capabilities of the trading software in FXCM's suite of forex trading products and services. Compare (GAIN Capital) vs FXCM and determine which broker is better. Our (GAIN Capital) and FXCM comparison .

MetaTrader vs. TradeStation: A Language Comparison. by Michael R. Bryant Anyone who actively trades forex has probably heard of MetaTrader. They claim to have more than half a million users for the mobile versions of their MT4 and MT5 trading platforms. Comparison: MetaTrader, NinjaTrader, TradeStation. July 19, by Shaun Overton 15 Comments. Pros and Cons of MetaTrader, NinjaTrader and Trade Station I would think MC would be the superior choice vs Tradestation as you own the license with the platform and are not limited to one broker. Reply. Shaun Overton says. February 7, .

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