FREQUENTLY ASKED QUESTIONS

What is FOREX?

The FOReign EXchange market is known as the Forex or FX market. It is an international foreign exchange market, where money is sold and bought freely. Currencies are always traded in pairs. It is the biggest liquid financial market. Money masses in the market constitute from 1 to 2 trillion US dollars a day. Transactions are conducted all over the world via telecommunications 24 hours a day from 00:00 GMT on Monday to 10:00 pm GMT on Friday.


How many currency pairs do we trade?

The most “liquid” currencies in the Forex market are those of countries with low inflation, stable governments, and respected central banks. For this reason, we trade the 4 major USD pairs, the EUR/USD, GBP/USD, USD/CHF and USD/JPY.


What are the advantages of Forex?

- Forex is open 24 hours a day
- Forex is the most liquid market in world
- Commission-free trading on more than 60 currencies.
- No restrictions on shorting which allows you to enjoy profit opportunities during any market condition
- No Pattern Day Trading rule
- you can day trade with very low account balances
- You can open a little account


How much money do I need to start currency trading?

U$5000. More, is better, because we´ll have more margin and smaller drawdown.



What is the maximum number of opened positions at a time?

20 positions are opened at the same time. It's unusual that all 19 pairs hit the entry points on the same day.

 

Do you offer support to your subscribers?

Yes, we offer email support 24/7 and always respond to our customers questions.