Dukascopy Broker Profile: Difference between revisions
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Click [http://www.multicharts.com/downloads/tutorials/dukas_broker_end.mp4 here] to see the video tutorial on how to connect Dukascopy Broker Profile. | <div class="tip">Click [http://www.multicharts.com/downloads/tutorials/dukas_broker_end.mp4 here] to see the video tutorial on how to connect Dukascopy Broker Profile.</div> | ||
FIX API is used for connection between MultiCharts and Dukascopy. | FIX API is used for connection between MultiCharts and Dukascopy. |
Latest revision as of 17:21, 19 July 2024
FIX API is used for connection between MultiCharts and Dukascopy. Jforex API is not supported in MultiCharts.
A customer needs to provide Dukascopy with his/her IP address to register it on their servers.
To trade with Dukascopy from MultiCharts, a customer needs to open an account and, since FIX API is used, such type of account can be opened only if the balance is more than $100,000.
Trade size should be equal to the amount of units, not trade lots.
Open position Profit/Loss is calculated in MultiCharts. The basis for the calculation is Average Entry Price sent by Dukascopy.
Unrealized Profit/Loss for the account is not available.
Stop-Limit orders are not supported by Dukascopy.
Dukascopy does not provide account information to MultiCharts and it is not available in Order and Position Tracker window on Accounts tab.
Setting up Dukascopy Broker Profile
In the Properties Dukascopy window (see Managing Broker Profiles) enter the information provided by Dukascopy:
- In the Server IP section enter the Server IP.
- In the Order Connection Settings section enter your Login, Password, Port number, SenderCompID and TargetCompID.
- In the Price Connection Settings section enter your Login, Password, Port number, SenderCompID and TargetCompID.
After the broker profile is set up, you can select it for trading, see the How to Select a Broker Account For Trading guide.