FXCM real-time simulated account compare to the real account.

[johnnybegoode]

By default, does the FXCM real-time simulated account behaves exactly like the real account.
How integrated is NT8 with FXCM?
Can I trust that what I get with the real-time simulation is close to trading on the real account?

i.e.
Does the stop-out get triggered exactly like in the real account?
How about "buying power"?
Is the leverage set to 50:1

What considerations must I add to the script to account to the disparities if there are any?

Thank you!

[NinjaTrader_ChelseaB]

Hello johnnybegoode ,

The simulation engine used to fill Sim101 orders in real-time uses a scientific approach to determine fill probability by including a number of variables including: ask/bid volume, trade volume, time (to simulate order queue position), and random time delays for switching between order states.

Below is a link to the help guide on the Simulator.

https://ninjatrader.com/support/helpGuides/nt8/en-us/simulation.htm

All order types use the same rules to fill as orders on a live exchange.
In real-time orders would fill similar to how they would on a live exchange.

Below is a link to a 3rd party website that describes how a Stop Market order works.

https://www.investopedia.com/terms/s/stoporder.asp

Historically, NinjaTrader will use historical data. With Forex data this is Last data which is Bid data only. For historical data it may be necessary to add a 1 tick ask and 1 tick bid series for accurate historical executions.

https://ninjatrader.com/support/helpGuides/nt8/en-us/using_historical_bid_ask_serie.htm

https://ninjatrader.com/support/forum/forum/ninjatrader-8/strategy-development/94098-isfirsttickofbar-vs-onbarclose-for-backtest-live?p=773377#post773377

[johnnybegoode]

"Does the stop-out get triggered exactly like in the real account?"
I was referring to the "stop-out level"

https://www.babypips.com/learn/forex/what-is-a-stop-out-level

[NinjaTrader_ChelseaB]

Hello johnnybegoode,

No, NinjaTrader does not automatically exit a position based on loss and margin as some brokerages may or may not do on the brokerage end.