FXCM Ger30 - Currency Futures | futures io social day trading
futures io futures trading


FXCM Ger30
Updated: Views / Replies:868 / 6
Created: by futurenets Attachments:0

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 
Thread Tools Search this Thread
 

FXCM Ger30

  #1 (permalink)
Trading Apprentice
portsmouth UK
 
Futures Experience: Intermediate
Platform: ninjatrader
Favorite Futures: emini
 
Posts: 2 since Mar 2016
Thanks: 2 given, 1 received

FXCM Ger30

FXCM Ger30 use to be close to the Dax Futures (on TradeStation) but over past few months its started to lag behind. Right now by about 30 points, not even close to Dax Index. Have asked FXCM but got the company line, does anyone know what's happening?

Reply With Quote
 
  #2 (permalink)
Quick Summary
Quick Summary Post

Quick Summary is created and edited by users like you... Add FAQ's, Links and other Relevant Information by clicking the edit button in the lower right hand corner of this message.

 
  #3 (permalink)
Elite Member
Birmingham UK
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: IG/eSignal
Favorite Futures: Dax
 
ratfink's Avatar
 
Posts: 3,336 since Dec 2012
Thanks: 11,276 given, 7,091 received



futurenets View Post
FXCM Ger30 use to be close to the Dax Futures (on TradeStation) but over past few months its started to lag behind. Right now by about 30 points, not even close to Dax Index. Have asked FXCM but got the company line, does anyone know what's happening?

We just rolled over the futures contract so now you're seeing a typical three month premium. The real Xetra cash index is also about 30 away from the Eurex June future today. You may have been looking at the 06-16 future all along, usually the first two or three are available - OR - FXCM Ger30 is the cash index, some CFD providers call it one thing but mean the other.

Travel Well
Reply With Quote
The following 2 users say Thank You to ratfink for this post:
 
  #4 (permalink)
 Vendor: www.fxcm.com 
New York
 
Futures Experience: Intermediate
Platform: Strategy Trader
 
Jason Rogers's Avatar
 
Posts: 164 since Aug 2010
Thanks: 122 given, 153 received


futurenets View Post
FXCM Ger30 use to be close to the Dax Futures (on TradeStation) but over past few months its started to lag behind. Right now by about 30 points, not even close to Dax Index. Have asked FXCM but got the company line, does anyone know what's happening?

Hi Futurenets, thanks for your question.

I believe Ratfink has correctly identified the reason for the price discrepancy you see. FXCM's stock index CFDs such as GER30 are based on the cash index price, not the futures price.

If you have questions about our services at FXCM please send me a Private Message.
Reply With Quote
The following 2 users say Thank You to Jason Rogers for this post:
 
  #5 (permalink)
Trading Apprentice
portsmouth UK
 
Futures Experience: Intermediate
Platform: ninjatrader
Favorite Futures: emini
 
Posts: 2 since Mar 2016
Thanks: 2 given, 1 received

you're absolutely right but in addition I was also using a continuous contract and March 16 is closer.

Reply With Quote
The following 2 users say Thank You to futurenets for this post:
 
  #6 (permalink)
Elite Member
Birmingham UK
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: IG/eSignal
Favorite Futures: Dax
 
ratfink's Avatar
 
Posts: 3,336 since Dec 2012
Thanks: 11,276 given, 7,091 received


Jason Rogers View Post
Hi Futurenets, thanks for your question.

I believe Ratfink has correctly identified the reason for the price discrepancy you see. FXCM's stock index CFDs such as GER30 are based on the cash index price, not the futures price.

Thanks @Jason Rogers, to be fair sometimes they wander between the two as well, particularly near rollover times. What I said about Finspreads (in a different thread) is not quite correct (but I ran past the forum edit-post 24hr window), theirs usually tracks the cash as well, but can be with an offset (of e.g. currently 5 points) towards a recently rolled future.

At the end of the day there are now several products in the field that are worthwhile routes to market, move well and provide good fills. As with all endeavours caveat emptor, but I have usually found that losses are more to do with poor trades than a poor platform. I may look at the FXCM route as well, I enjoy the flexibility of small scale testing of ideas via spreadbet/CFD amounts, and one day I might get even one good enough to be worth scaling up for.

Cheers

Travel Well
Reply With Quote
The following user says Thank You to ratfink for this post:
 
  #7 (permalink)
 Vendor: www.fxcm.com 
New York
 
Futures Experience: Intermediate
Platform: Strategy Trader
 
Jason Rogers's Avatar
 
Posts: 164 since Aug 2010
Thanks: 122 given, 153 received


ratfink View Post
Thanks @Jason Rogers, to be fair sometimes they wander between the two as well, particularly near rollover times. What I said about Finspreads (in a different thread) is not quite correct (but I ran past the forum edit-post 24hr window), theirs usually tracks the cash as well, but can be with an offset (of e.g. currently 5 points) towards a recently rolled future.

At the end of the day there are now several products in the field that are worthwhile routes to market, move well and provide good fills. As with all endeavours caveat emptor, but I have usually found that losses are more to do with poor trades than a poor platform. I may look at the FXCM route as well, I enjoy the flexibility of small scale testing of ideas via spreadbet/CFD amounts, and one day I might get even one good enough to be worth scaling up for.

Cheers

I appreciate your feedback. Since you live in England, spread betting is indeed a route you may want to consider for the tax benefits.

If you have questions about our services at FXCM please send me a Private Message.
Reply With Quote
The following user says Thank You to Jason Rogers for this post:

Reply



futures io > > > > FXCM Ger30

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

Jigsaw Trading: TBA

Elite only

FuturesTrader71: TBA

Elite only

NinjaTrader: TBA

Jan 18

RandBots: TBA

Jan 23

GFF Brokers & CME Group: Futures & Bitcoin

Elite only

Adam Grimes: TBA

Elite only

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
FXCM review Big Mike Reviews of Brokers and Data Feeds 187 February 7th, 2017 07:59 PM
FXCM was hacked schranzi9 Reviews of Brokers and Data Feeds 3 October 1st, 2015 11:46 PM
[Other]       FXCM setups timwr Platforms and Indicators 2 March 26th, 2013 11:07 AM
FXCM vs MB Trading Big Mike Reviews of Brokers and Data Feeds 16 September 16th, 2011 08:12 AM


All times are GMT -4. The time now is 07:13 PM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2017-12-14 in 0.11 seconds with 19 queries on phoenix via your IP 54.226.227.175