Existing user? Manage Your Account   

iTradeMobile User Guide

We recommend each subscriber to not only thoroughly read through this user guide before trading with real money with our system, but also practice with demo accounts numerous times to gain a better understanding on all functions of our system.


Section 1: How to log in to change your user information
Section 2: How to log in to trade
Section 3: How to manage Entry Orders and view Closed Orders
Section 4: How to manage One Cancels the Others (OCO) Entry Orders
Appendix: How to configure a BlackBerry device
Appendix B: How to configure a Windows Mobile device
 

Section 4: How to manage One Cancels the Others (OCO) Entry Orders

With the NFA Compliance Rule 2-43(b), FXCM, LLC has changed the functionality of Stops and Limits for all their U.S.A. accounts. A new function called One Cancels the Others (OCO) has been introduced as a result.

  • First, you should create 2 new Entry Orders, one above the market price, one below the market price, to replace the functionality of Stops and Limits.
  • If you have a FXCM, LLC trading account, you will see 2 Entry Orders, each associated with a Check Box named Join OCO.

    Please refer to Section 3 on how to create Entry Orders

    		•


    Join OCO

    To associate 2 (or more) Entry Orders to be One Cancels the Others (OCO) Entry Orders:

  • Check the Join OCO box on each order that you want to be assoicated.
  • Click the Join OCO button at the bottom.
  • Once your order is accepted, you will see a confirmation OCO ID.

    Please refer to Section 3 on how to edit or remove Entry Orders

    ** If you manually close a position by opening one in opposite direction, please make sure you review your OCO Entry Orders and delete any left over Entry Orders accordingly. If not properly discarded, these Entry Orders will be executed as new positions if such cuurency pair reaches the execution price. **

    • User Guide - Learn More - Pricing - Risk Disclosure - Agreement - FAQ
    Practice Trading - Reading - Add a Gadget - FXCM Servers Status - BlackBerry - Contact Us
    © 2008 - 2010 Penetrade, LLC. All Rights Reserved.

    Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

    Please note that the iTradeMobile technology is not owned or offered by FXCM. iTradeMobile is responsible for functionality of the system software available to clients.