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How To Place A Trade With FXCM Markets: Using MetaTrader4 To Place Trades

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MetaTrader4 enables traders to place trades directly through the platform. On this platform, traders have access to 56 tradable currency pairs in 0.01 micro lot sizes. But traders should note that margin call policy when using this platform, which differs from FXCM's other accounts. When a margin call occurs, trades will be closed one-by-one until "free margin" is above zero.

There are many different ways to place trades using this platform:

  • Double-click on the currency pair in the Market Watch window.

  • Right-click on the chart window, select Trading and then select New Order.

  • Right-click on the Market Watch window or on the Trade tab on the Terminal window, then, select New Order from the menu.

  • Select Tools from the top menu and then click on New Order.

  • Press the F9 button on your keyboard.
For more information on MetaTrader4, traders may want to reference the software's user manual available here.

SEE: Beginner's Guide To FXCM And Trading Station

Conclusion
FXCM is one of the largest and most advanced forex brokers in the market today. Through either its FXCM Trading Station or MetaTrader 4, traders can access a plethora of technical indicators and analytical tools, while benefiting from the broker's tight spreads.

For more information on FXCM, please see the following resources:





by

Justin Kuepper

Justin Kuepper
Justin Kuepper has many years of experience in the market as an active trader and a personal retirement accounts manager. He spent a few years independently building and managing financial portals before obtaining his current position with Accelerized New Media, owner of SECFilings.com, ExecutiveDisclosure.com and other popular financial portals. Kuepper continues to write on a freelance basis, covering both finance and technology topics.

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