Frequently Asked Question
- How much do I need to open a live trading account?
- You can start trading with as little as $250.00
- Where are my funds kept?
- Your funds are kept at our FCM's Bank.
- How can I withdraw from my account?
- Please contact us for a withdrawal form. Click here
- How do I open a new account?
- When is the best time to trade?
- Spot Trader is open for trading 24 hours a day, 5 days a week. Best times vary depending on which currency you are trading.
- What currency pairs are traded the most?
- EUR/USD, USD/JPY, and GBP/USD
- Do you offer charts?
- Yes, the MetaTrader 4 platform has built in customizable charting
- Can I trade on my PDA?
- Yes, If you have a handheld device and wish to trade on the Mobile platform, click here
- Will I have access to historical account data?
- Yes, at any time you may request a history report on all trades made in your account directly from the platform or click here to sign in and view your trade history online
- What happens if I am in a position and I lose power?
- All problems with individual trades will be addressed by our FCM
- What is a Bid and a Ask price?
- Bid – amount if you sell. Ask – amount paid if you buy
- Do you offer free Demo's of your trading platform?
- What are your spreads?
- Spreads vary by currency. They average between 2-3 pips
- What kind of leverage do you offer?
- Our FCM, offers **100 to 1 leverage by default. Please note that Increased leverage may increase gains or losses.
- How often can I trade?
- There is no limit on how many trades you can make.
- Do you allow scalping?
- We don’t condone any one particular type of trading style.
- How do I get a username and password for the Multi-Terminal Demo?
- To use the Multi Terminal you must register and download and install the Spot Trader demo. The same username and password issued at the end of the installation can be used for the multi Terminal Demo
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