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fxstat credits

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Jan 15, 2012 10:54 pm
#1
mn1980 Hostedslavebeta

Envois: 22
Membre depuis: 15/01/2012

This may sound like a stupid question but what exactly are the fxstat credits for in autotrading?

Do I need to add creditds in order to autotrade and get charged per lot, if so how much should I be putting in to follow 3-4 strategies? Does the money for the autotrades come out of my broker account as per normal?

Some clarification would be appreciated I am quite new to this and just want to know exactly what is going on before I invest any money.

Thanks in advance

Jan 16, 2012 07:13 pm

Envois: 939
Membre depuis: 21/04/2011

Originally posted by mn1980

This may sound like a stupid question but what exactly are the fxstat credits for in autotrading?

Do I need to add creditds in order to autotrade and get charged per lot, if so how much should I be putting in to follow 3-4 strategies? Does the money for the autotrades come out of my broker account as per normal?

Some clarification would be appreciated I am quite new to this and just want to know exactly what is going on before I invest any money.

Thanks in advance



Credits in fxstat are used to pay for autotrading fee. Commission and fee structure is given on http://www.fxstat.com/en/autotrading/prices

It doesnt matter if u add more strategies. Fee is same. For example if you add 5 strategies of eur/usd. You set a lot size 0.01. Then fee for each trade will be $10*0.01 = $0.1.

Bigger lot size each trade will reduce cost. You can see it on commission and fee page.

All your profit and capital investment can be withdrawn from ur broker as normal.

Stick to your rules

Jun 24, 2012 01:18 pm

Envois: 66
Membre depuis: 08/06/2012

Simply in auto trading we need to pay money to fxstat for the trades that we are adding in our portfolio we have to pay against every trade that why we need credit and before enabling auto trading we must have adequate credits in our account for unitrupted autotrading. 

 

FXstat pay these credits to traders who provide signalsor work as leaders.

Game is not over Till it's Over

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