FXCM Forex System Selector (FSS)

Broker Discussion Forex Brokers
1

Hi all,
I am new to Forex trading and am just looking for the right broker. FXCM looks good on the first and second view.

Besides typical Forex broker features I have also seen the automated trading capabilities with Forex System Selector (FSS). To be honest at first i thought it might be a great idea but when I have been further investigating it seems you can’t get detailed informations on the “systems”.

Does anybody have experience and further insight to FSS?

Thanks and greets
n8

2

Hi netzm8,

I ran some of the automated trading systems with FSS. As far as I could see many had very large stop losses. When the currency pair changed trend the system ran up huge losses. This happened in December when the EUR/USD changed trend and my demo account took a huge hit