AutoTrade With IamFX!

October 17th, 2013

We’re excited to announce the addition of a new broker to AutoTrade – IamFX. IamFX is another great addition to Myfxbook AutoTrade offering as it is a STP/DMA broker.

AutoTrade With IamFX!

IamFX offers a special bonus for AutoTrade clients – get paid to trade! That’s right, you’ll be paid up to $2 per each traded lot. Full bonus details can be found here: https://www.iamfx.com/bonus_myfxbook.php

To open a live account with IamFX, please click here or the above logo.

Peter Takac, IamFX CEO said: “We at IamFX are pleased to introduce Myfxbook AutoTrade to our existing offering. At IamFX, we understand that we are only successful when our customers are successful and I believe that the combination of AutoTrade as a great investment tool together with our true STP/DMA trading model and the highest quality execution makes this an ideal super-product for retail clientele. We value our partnership with Myfxbook on AutoTrade and that is why we are offering a special bonus campaign to all Myfxbook AutoTrade users who will use this great platform on IamFX.”

About IamFX

IamFX is the leader in true STP execution with Direct Market Access providing online trading and services to retail and institutional clientele. It’s advanced generation engine connects a global network of liquidity providers including worlds major banks to create one of the deepest sources of liquidity in the industry and to generate tight spreads. Hosting all technologies in Equinix data network further guarantees the lowest latency and the best execution. IamFX’s clientele benefits from strong products and quality services and IamFX’s renowned partner programs and the most advanced technological offering is making it the ideal choice not only for retails clients, but also for Introducing Brokers, Money Managers and White Labels.

Wishing you a great weekend!

The Myfxbook Team.

AutoTrade With Armada Markets!

October 11th, 2013

We’re excited to announce the addition of another broker to our AutoTrade offering (again, due to your requests :) ) – Armada Markets!

To open a live account with Armada Markets, please go here:

http://www.armadamarkets.com/myfxbook-autotrade/

Ingmar Mattus, Armada Markets CEO said:  “We are pleased to launch AutoTrade platform. I believe AutoTrade will be very attractive to our global client base, especially in Asian countries where trade-copying and social trading in general is rapidly gaining popularity.”

About Armada Markets

Armada Markets provides currency trading services to retail and corporate clients in more than 100 countries around the world and is the top choice among professional traders who demand institutional grade FX liquidity and low-latency execution together with the lowest spreads and commissions. Armada Markets is also one of the leading liquidity providers to small and medium-sized brokers and institutional clients through FIX API and binary protocol.

Have a great weekend!

The Myfxbook Team.

AutoTrade Slippage Metrics And An Auto-Complete Search!

October 7th, 2013

We’re happy to announce this great analysis addition to AutoTrade – slippage! In an effort to keep AutoTrade fully transparent, we’ve added slippage metrics which will tell you everything about your mirrored positions (unlike other similar services):

Open Slippage – The slippage between your entry price and the provider’s.

Close Slippage – The slippage between your exit price and the provider’s.

Total Slippage – The total slippage of the open and close.

The slippage data can be found in the AutoTrade tab, by clicking the ‘+’ icon:

AutoTrade Slippage

Positive slippage (in your favor) is marked in green while negative slippage (not in your favor) is marked in red. These metrics are available only with live AutoTrade accounts since demo accounts do not experience any slippage.

On the same note, we wanted to check the average slippage an AutoTrade user gets in an account and the numbers surprises us quite a bit:

AutoTrade Slippage Data

As you can see in the info-graphic, on average, a copied trade with AutoTrade profits an extra 14.4 of positive slippage! Still haven’t used AutoTrade? Go here to start:

http://www.myfxbook.com/autotrade

Another great feature we’ve introduced is the search auto-complete; typing a letter in the search box will automatically complete results for users and systems:

Search Auto-complete

Clicking on the ‘Show All’ link will revert back to the complete search. Important to note you can navigate the search results with your keyboard up/down buttons.

Best Regards,

The Myfxbook Team.

AutoTrade Now Supports IC Markets!

September 30th, 2013

Due to many of your requests, we’re excited to announce the addition of a new broker to the AutoTrade offering – IC Markets!

To open a live AutoTrade account with IC Markets, simply click here or the above image.

You can also open a non expiring demo account to test AutoTrade until you’re comfortable moving to a live account. You can open a demo here:  http://www.myfxbook.com/autotrade

Andrew Budzinski, IC Markets Managing Director said: “We’re excited to add AutoTrade to our platform offerings. AutoTrade is a unique service and it fits perfectly our users who are looking for a simple yet powerful trade mirroring service.”

About IC Markets

IC Markets is a true ECN trading environment allowing you to trade on an institutional grade liquidity from the worlds leading investment banks and dark pool liquidity execution venues, allowing you to trade on spreads from 0.0 pips.

Have a great week,

The Myfxbook Team.

Community Outlook – 47 New Currency Pairs

September 25th, 2013

This week we’ve upgraded community outlook – as per your request, we’ve added 47 currency pairs which will help you understand the current positioning of the Myfxbook community and this is the full list:

Community Outlook

EURUSD, GBPUSD, USDJPY, GBPJPY, USDCAD, EURAUD, EURJPY, AUDCAD, AUDJPY, AUDNZD, AUDUSD, EURCAD, CADJPY, EURCHF, EURCZK, EURGBP, EURHUF, EURNOK, EURNZD, EURPLN, EURSEK, EURTRY, GBPCAD, GBPCHF, NZDCAD, NZDJPY, NZDUSD, USDCHF, USDDKK, USDHKD, USDHUF, USDMXN, USDNOK, USDPLN, USDSEK, USDSGD, USDTRY, USDZAR, CHFJPY, AUDCHF, GBPNZD, NZDCHF, XAGUSD, XAUUSD, CADCHF, GBPAUD, SGDJPY, GBPSEK, TRYJPY, NOKJPY, ZARJPY, HKDJPY, USDRUB

As the list grew longer, we had to remove the chart from the main outlook section and place it inside each currency pair.

Entering a sepcific symbol will reveal the positional chart based on the timeframe and the positinal data such as total volume and number of positions per short or long.

Moreover, you can now adjust which symbols to show in the dashboard in the community outlook box:

Dashboard Community Outlook

Dashboard Community Outlook Options

Wishing you a great rest of the week!

The Myfxbook Team.

New AutoTrade Features!

September 16th, 2013

We’re glad to add some new features to AutoTrade!

First feature is the ability to ignore specific symbols when following an AutoTrade provider; simply check the symbols you wish to ignore in the settings of the provider:

Symbol Ignore List

Important to note that the symbol ignore list feature was also added to the Simulator in case you wish to test the different scenarios.

Secondly, you can now see the latest provider additions and top gainers in the AutoTrade section:

Top Gainers

New Additions

The above are very useful if you’re constantly looking to expand your AutoTrade portfolio with new systems.

Moreover, we would like to remind you about the special time limited offer from FXCM UK – anyone opening a live account with FXCM UK can receive up to $250 bonus (Terms and conditions apply) – details are in the live FXCM UK account opening screen in AutoTrade.

On a different note, the latest contest just started today. To see the live rankings, please go here: http://www.myfxbook.com/contests/forex-contest-excel-markets/17

Have a great week,

The Myfxbook Team.

A New Trading Contest! $10,000 In Prizes!

September 2nd, 2013

We’re happy to announce a new trading contest sponsored by Excel Markets! This time around, a total of $10,000 will be given out to the top 10 traders:

1st place – $5000

2nd place – $2000

3rd place – $1000

4th place – $500

5th place – $500

6th-10th place – $200

Important to note that there is no requirement to open an account with the broker – the winners will receive the prize money in cash, according to their preferred payment method.

To register, please go here: http://www.myfxbook.com/contests/forex-contest-excel-markets/17/rules

Good luck!

The Myfxbook Team.

Real Time Chat Is Here!

August 26th, 2013

As the leading social forex analytical service, we always work hard to add features which improve the analysis capabilities of your Forex trading account, however this time around, we’re improving the social aspect of Myfxbook :)

This is a feature that has been asked since day one and we’re very excited to add this capability to Myfxbook – a real time chat!

You now can have your own contact list which you can access by clicking the bottom (new) chat icon:

New Chat Icon

Clicking on a username in the contact list will open a chat window:

Contacts Chat

This new contact list and real time chat will help you to keep in touch with your contacts and chat with them in real time whenever they’re online – you are able to chat with multiple contacts simultaneously!

To add a user to you contact list, simply go to a user’s page and click the new ‘Add Contact’ button:

Add Contact Button

If you have any suggestions or feedback, as always, let us know!

Wishing you a great week ahead!

The Myfxbook Team.

New Liquidity Section And A New AutoTrade Broker!

August 5th, 2013

We’re happy to announce of a new section called Liquidity – as many users asked, we’ve created a real time liquidity chart based on the data of multiple brokers and currencies:

Forex Liquidity

The liquidity chart provides a very quick way to analyze and estimate the current forex market liquidity and also compare the liquidity averages of different sessions.

Another update is the addition of Pepperstone to AutoTrade!

Pepperstone AutoTrade

You can now open an account with Pepperstone to have it automatically traded with AutoTrade.

We have many exciting features coming up in the next few weeks so stay tuned!

An important update regarding the latest contest; As a general rule, we try to look for a big variety of contest sponsors to be able to accept all traders so no one left out of the competition, as not all brokers can operate all over.
This failed us with our latest sponsor, Andromex. They have disappeared before delivering the prizes to the winners (website is down and phones are disconnected). Obviously all of the competitors worked very hard (especially the winners) so just to let you know that we are doing all we can to track down the broker and hopefully to have some news soon.

Wish you a profitable week ahead,

The Myfxbook Team.

Simulate Your AutoTrade Portfolio!

July 24th, 2013

We’re excited to announce another great tool for those of you who make use of AutoTrade – a super advanced and useful simulator: http://www.myfxbook.com/autotrade/simulator

The simulator allows you to design, simulate and build your AutoTrade portfolio with custom provider settings, within custom dates and custom deposit/leverage.

The full feature list is:

- Backtest one or many AutoTrade providers within a range of dates and custom settings.

Simulate Multiple Providers

- Save/load your backtests.

Simulator Profiles

- See exact changes from backtest to backtest for quick comparison and load them if needed.

Simulator Recent Backtests

- Apply the simulation settings to your AutoTrade portfolio with a click of a button.

Apply Simulator Portfolio

You can make as many simulations as you wish (in real time) with endless combinations, until you find the perfect combination of your choice!

Haven’t tried AutoTrade yet? You can start using the completely free service by going here: http://www.myfxbook.com/autotrade

Have a great week,

The Myfxbook Team.