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FXCM got rid of Boston Technologies' Metatrader 4

 

After three years of cooperation with Boston Technologies, FXCM has desided to move the administration of its retail MT4 accounts in-house. Now Boston Technologies will focus only on FXCM’s institutional business - IB’s, Money Managers, Whitelabel Partners and Omnibus relationships. I believe that this is great news for all FXCM MT4 clients. Now they should experience faster execution and less slippage on market and pending orders.

 

FXCM’s official statement:

 

 

Dear Client:

FXCM is excited to announce our new and improved MetaTrader 4 with upgraded trading functionality and seamless integration with our No Dealing Desk forex execution. After market close on Friday, December 9,  you will be issued a new account that includes those improvements.

IMPORTANT: There are steps you need to take to ensure that your trading continues uninterrupted. The steps are outlined in these Frequently Asked Questions and will also be covered in an e-mail you will receive next week.

WHY ARE YOU GETTING A NEW ACCOUNT?
Currently, when you place an order, it passes through third-party software before it is sent to FXCM for execution. We have updated the integration between the MetaTrader 4 platform and our No Dealing Desk forex execution that eliminates the need for this software. With your new account orders are sent directly to FXCM.

Your new account delivers a faster, improved MetaTrader 4 trading experience. Additionally, you’ll have access to the following new features:

     - No more Auto-Syncs
     - Faster execution
     - Close all or part of an open position
     - Control slippage with Max Deviation
     - Add stop loss (SL) and take profit orders (TP) while placing a trade
     - Over a dozen exotic currency pairs added

WHAT DO YOU NEED TO DO?

Please review these Frequently Asked Questions as soon as possible. Next week, we’ll e-mail your new log-in details and important information about your new account.

Virtual Private Server (VPS) users will receive an additional e-mail with steps to ensure VPS service continues uninterrupted.

If you have any questions, please contact one of our specialists, who are available 24 hours a day, by live chat, by calling 1-888-503-6739, or by e-mail at [email protected]

Best regards,
FXCM
 
TAGS: fxcm  boston technologies  mt4  metatrader 4 

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