Help
FAQ
Your first trading account will be opened automatically when you send form from our Contact Page.
How do I open a trading account?
Your first trading account will be opened automatically when you send form from our Contact Page.
What is the minimum deposit?
The minimum deposit depends on the account type, but generally $100.
Is it possible to change the base currency or the type of my account?
No, it’s not. To change the type or the base currency of the account, you have to open a new account with required parameters.
How the margin is calculated?
Example: You buy 1 lot of EURUSD. Account currency: EUR. Leverage: 1:100. Margin = 100,000 / 100 = 1,000 EUR. If your account currency differs from the base currency of the instrument, you have to convert the margin amount into the account currency at the rate when your position is opened. Example: You buy 1 lot of EURUSD. Account currency: USD. Margin in the base currency of the asset: 1,000 EUR. Current EURUSD rate: 1.2345. Margin = 1,000 * 1.2345 = 1,234.50 USD.
Why do I need a demo-account?
Demo accounts are usually used in three cases: If you are a beginner and want to learn basics of trading on financial markets without risking to lose your own money. When you want to test the conditions provided by the brokerage company before opening a real account. In case of testing your new trading strategy.
Why does the “Not enough money” message appear when I try to open a position?
“Not enough money” means that there is not enough margin on your account to open a position of the desired volume.