Step 1

You must be an eSignal customer, with a subscription to the GTIS Forex datafeed. If you're not, go here: http://www.esignal.com/map/fxcm/

Step 2

Download and open the eSignal / FXCM plug-in

Step 3

Install FXCM's FX Trading Station.
You will see the following dialog box:

Followed by this dialog:

Followed by this dialog:

Step 4

Launch eSignal once and make the following configuration change:

• Go to Trade --> Preferences
• In the Preferences window (see Figure A below):
  (a) In the "Integrated Trading" window at the top, select ActiveX Trading; then click the "Set as Default" button.
  (b) At the bottom of the dialog, in the Default Trade Button Action drop-down menu, select "Integrated Trading".
  (c) Click "Close".

Figure A

Step 5

Close eSignal and then go to Start -- >Programs --> FX Trading --> WinSigEx (see Figure B).

Figure B

When you open this program, eSignal will launch.

Next, open the FX Trading Station by going to Start --> Programs --> FX Trading --> FX Trading Station (Figure C). Enter your username and password for your FXCM account and log in.

Figure C

Step 6

Once both applications have been launched and logged into, select from eSignal's main menu File --> New --> Quote window.

Insert a symbol for the desired currency pair (example: EURJPY A0-FX), and the Quote window will show the latest price and associated data.

Step 7

While you can always do order entry manually directly in an FXCM order ticket, the benefit of the integration is its automation via double clicking in eSignal.

Market Orders

To place market orders, you can use the Quote window. You first must add the appropriate fields for Bid Price and Ask Price. For example, to add a column to display the Ask Price, simply right click in the Quote window's header and choose Add Field --> Ask Price.

Once you've established the columns, double-click on either the Bid Price or Ask Price, and a Market Order window will open in the FX Trading Station.