Forum: Collective2 Suggestions, Feedback, Questions
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| Subject: | I plan to use Collective2 Gen 3 with FXCM UK |
| Posted by: | Captain Wiriyaluppa ( C2 Score: 59 ) |
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| When: | 2/07/12 (22:08) | |
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| | I plan to open my account with FXCM UK to use it with C2 gen3 system. Is it possible or need any special setup or some additional work with FXCM UK? Please suggest.
Captain Wiriyaluppa |
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| Subject: | I plan to use Collective2 Gen 3 with FXCM UK |
| Posted by: | Melissa Karty ( C2 Score: 520) |
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| When: | 2/08/12 (10:57) | |
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| | In response to post by Captain Wiriyaluppa of 2/07/12 (22:08) I plan to open my account with FXCM UK to use it with C2 gen3 system. Is it possible or need any special setup or some additional work with FXCM UK? Please suggest.
Captain Wiriyaluppa
Dear Captain,
There are two things to know when opening a live account for AutoTrading.
First: Make sure it is a mini account. C2 trades in mini lots so you'll need an account that can handle mini lots.
Second: FXCM (and GAIN) require that traders open an AutoTrading account through an Introducing Broker that offers C2 AutoTrading such as BulldogFX. There are a few additional documents that are required by an Introducing Broker, but you'll get those when the time is ready.
You can send an email to admin@bulldogfx.com for more info or visit http://bulldogfx.autotradenow.com/cgi-perl/white_label/account_urls.mpl to open an new account. |
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What is the C2 Score?
Collective2 rates every trading advisor in its database and assigns a score between 100 and 1000.
In general, a rating above 500 is good. A rating above 700 is excellent.
Collective2 Ratings are recalculated daily based on the entire performance history in our database. The exact formula we use is proprietary, but there are several key variables that go into the Collective2 Rating. One of the most important factors is the length of time we have been able to observe the performance of the trader. Another key factor is the amount by which the trader over-performs or under-performs the S&P 500 index. Finally, the choppiness of the trader's results is taken into account. Certainly a more consistent trader will be rated more highly than a trader with erratic results.
