QUANTCONNECT COMMUNITY
Hello everybody,
I'm trying to trade CFDs on quantconnect but there are some things I don't understand:
- Can we trade using FXCM? Because the documentation only talks about Oanda.
- What is the value of one pips for Oanda ? and FXCM ? (knowing that I trade the DE30EUR) Because when I get the minimum lot size I get 1 but what that means ?
Regards,
Cloud
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Derek Melchin
Hi Cloud,
CFD trading is currently only available through Oanda.
Minimum lot size defines the minimum order size we can place. Pip is the smallest amount a security can change in price. Most currency pairs are priced to 4 decimal places. See Oanda's docs here for more information.
Best,
Derek Melchin
The material on this website is provided for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation or endorsement for any security or strategy, nor does it constitute an offer to provide investment advisory services by QuantConnect. In addition, the material offers no opinion with respect to the suitability of any security or specific investment. QuantConnect makes no guarantees as to the accuracy or completeness of the views expressed in the website. The views are subject to change, and may have become unreliable for various reasons, including changes in market conditions or economic circumstances. All investments involve risk, including loss of principal. You should consult with an investment professional before making any investment decisions.
Cloud
Thanks for your answer,
Is it only for backtesting ?
Because it's written that we can trade CFD in live with FXCM ? Please update your information if they are not true.
Cloud
?
Derek Melchin
Hi Cloud,
CFD data is also available for live trading through Oanda.
We will update the documentation to show FXCM as unavailable for CFDs.
Best,
Derek Melchin
The material on this website is provided for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation or endorsement for any security or strategy, nor does it constitute an offer to provide investment advisory services by QuantConnect. In addition, the material offers no opinion with respect to the suitability of any security or specific investment. QuantConnect makes no guarantees as to the accuracy or completeness of the views expressed in the website. The views are subject to change, and may have become unreliable for various reasons, including changes in market conditions or economic circumstances. All investments involve risk, including loss of principal. You should consult with an investment professional before making any investment decisions.
Cloud
Hi,
Yes but the problem with Oanda is that the minimum pips value is 1$ and that's too much for my strategy to work with little amount of amount (>1000$) so I guess I need to do it without quantconnect.
Thanks for updating your documentation.
Cloud
The material on this website is provided for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation or endorsement for any security or strategy, nor does it constitute an offer to provide investment advisory services by QuantConnect. In addition, the material offers no opinion with respect to the suitability of any security or specific investment. QuantConnect makes no guarantees as to the accuracy or completeness of the views expressed in the website. The views are subject to change, and may have become unreliable for various reasons, including changes in market conditions or economic circumstances. All investments involve risk, including loss of principal. You should consult with an investment professional before making any investment decisions.
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