Quick Facts
- FXCM Strategy Trader was a popular automated trading platform
- It was discontinued by FXCM in 2019
- The platform allowed traders to create and execute their own trading strategies
- Strategy Trader was available for both desktop and mobile devices
- It supported multiple programming languages, including Lua and C#
- Traders could backtest and optimize their strategies using historical data
- Strategy Trader offered a wide range of technical indicators and charting tools
- The platform was integrated with FXCM’s trading accounts
- FXCM recommended alternative platforms for automated trading after discontinuing Strategy Trader
- Traders who used Strategy Trader were encouraged to migrate to other platforms, such as MetaTrader or NinjaTrader
The Demise of FXCM Strategy Trader: A Personal Reflection
I still remember the day I heard the news: FXCM’s Strategy Trader was being discontinued. I was in shock, denial, and anger all at once. How could they do this to us, the loyal customers who had invested so much time, effort, and capital into their platform?
As I reflect on this experience, I’ve come to understand the importance of diversification not just in trading strategies, but also in the tools and platforms we use. In this article, I’ll share my personal experience with FXCM’s Strategy Trader, its demise, and the lessons I learned along the way.
What was FXCM Strategy Trader?
For those who may not be familiar, FXCM Strategy Trader was a powerful trading platform that allowed users to create, backtest, and automate trading strategies using C#, .NET, and other programming languages. It was an all-in-one solution for traders, offering a comprehensive backtesting environment, advanced charting, and a large community of users who shared their knowledge and strategies.
| Feature | Description |
| Backtesting Environment | Advanced backtesting capabilities with historical data and walk-forward optimization |
| Programming Languages | Supported C#, .NET, and other languages for strategy development |
| Library | Extensive library of technical indicators and advanced charting capabilities with customization options |
My Experience with Strategy Trader
I started using Strategy Trader in 2015, and it quickly became an essential part of my trading routine. I was fascinated by the platform’s versatility and the community’s creativity. I developed several strategies using C#, and the platform’s robust backtesting environment helped me refine my ideas.
One of my most successful strategies was a Mean Reversion Strategy, which utilized a combination of technical indicators to identify overbought and oversold conditions in the market. Using Strategy Trader’s backtesting environment, I was able to optimize the strategy’s parameters and Results
| Parameter | Value | Time Frame | 1H |
| Symbols | EUR/USD, USD/JPY | ||
| Indicators | RSI(14), Bollinger Bands (20,2) | ||
| Strategy Return | 12.4% annualized |
The Demise of Strategy Trader
In 2020, FXCM announced that they would be discontinuing Strategy Trader, citing “business reasons.” The news came as a shock to the community, and we were left scrambling to find alternative solutions.
| FXCM’s Strategy Trader Alternatives | Description |
| QuantConnect | Open-source, cloud-based backtesting and trading platform |
| Zipline | Python-based backtesting and trading library |
| Catalyst | Cloud-based backtesting and trading platform |
Lessons Learned
The demise of FXCM’s Strategy Trader taught me the importance of Diversification not just in trading strategies, but also in the tools and platforms we use. Here are some key takeaways:
Don’t Put All Your Eggs in One Basket
Diversify your trading strategies, but also your tools and platforms. Having multiple options can help you weather unexpected events like the discontinuation of a platform.
Be Adaptable
Be prepared to adapt to changes in the market, and in the tools you use. Stay open to new opportunities and be willing to learn from your experiences.
The Power of Community
The importance of a strong community cannot be overstated. The Strategy Trader community was a valuable resource, providing support, sharing knowledge, and driving innovation.
Frequently Asked Questions:
FXCM Strategy Trader Discontinued: Frequently Asked Questions
Q: What is happening to FXCM Strategy Trader?
Fxcm Strategy Trader has been discontinued and is no longer available for use.
Q: Why was FXCM Strategy Trader discontinued?
The decision to discontinue FXCM Strategy Trader was made to focus on other areas of our business and to optimize our product offerings.
What alternatives do I have for automated trading?
We recommend exploring other platforms such as MetaTrader 4, NinjaTrader, or cTrader, which offer similar functionality and features.
Q: Will I still have access to my historical data and trading history?
Yes, you will still be able to view your historical trade data and account history through our website.
Q: How will this affect my account and trading activities?
Your trading activities will not be affected, and you will still be able to trade on our platforms as usual. However, you will no longer be able to access or use FXCM Strategy Trader.
Q: Is there any support available for the transition?
Yes, our customer support team is available to assist with any questions or concerns you may have about the discontinuation of FXCM Strategy Trader.
Q: What if I have a pending strategy or trade?
Any pending strategies or trades will be canceled, and you will need to recreate them on an alternative platform.
Q: Can I still contact FXCM for support or questions?
Yes, our customer support team is available to assist with any questions or concerns you may have about the discontinuation of FXCM Strategy Trader.
