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Got this from my mails and I thought I’d share this.
FXCM (www.fxcm.com) announced today that it has added a new feature to FX Trading Station II. Clients are now able to place a market order with one click. This new feature, one-click execution, will let clients trade more easily on news events and in volatile markets.
The default setting for entering a trade, a two-step process, will not change. However, this is not quite fast enough for many forex traders and that is why one-click execution is now available for FXCM live and demo account clients.
Drew Niv, CEO of FXCM explained “Many of our traders asked us to streamline our process to allow them to place orders in less time. Clients who trade during volatile market conditions when the price can move in hundredths of a second need the ability to move quickly in and out of the market.”
For Live and Demo account clients, FXCM has created an instructional Video to learn more about one-click execution and how to choose this as a trading mode. https://admin.acrobat.com/_a205571165/p17029901/
Honestly, I don’t think 1-Click is pretty much useful to my own benefit. Anyone else uses 1-Click type of execution?
Popularity: 10% [?]
If I am hanging on the moment to exit I just have the confirm close button up and ready to click.. so it isnt a great extra for me.
But, I’ve just signed up a live account with fxcm so will let you know if it does turn out to be useful.
How is FXCM doing these days? The only thing I keep reading are still the negative reviews .
uhh…. FXCM… wouldnt touch them with a 50-foot-pole…
are fills guaranteed or no?
1-Click Execution is a great feature….Do they also tell how volatile their spreads are during those I quote “volatile market conditions when the price can move in hundredths of a second”? LOL