What Is The Spread?
The Spread is the difference between the BID and the ASK price in the market quotes. The ASK price is applicable to a BUY order and the BID price is applicable to a SELL.
How To Trade Over The Internet?
Executing trades via the internet is made easy by GTrader. Just download and install software and log in to your account. To then open a trade, click the "new order" button.
What Is Margin?
Margin is a simple calculation based on the current market quote of the base currency vs USD, the volume requested, and the leverage level you have selected when opening your account.
Can I Get A Margin Call If I Have No Free Margin?
No. Your free margin can become a negative figure. Your trades will stay open until your available EQUITY level falls to 20% or less of the required margin to open the trades.
Deals are confirmed on screen, typically within one second. Full transaction details may be accessed on screen as well, including date, time, rate, notional amount bought and sold, USD value.
How Can I Generate Account Statements?
You may also generate your own reports from the trading terminal by selecting the history tab. Then right click the history shown to be able to choose the period of time to see in the report.
How Fair Is The Forex Market?
Forex is said to be "the fairest market on earth" by some because of its sheer size, and number of participants. No one player, not even the central bank of a particular country can completely control the market direction of a currency.
When Is The Forex Market Open For Trading?
A true 24-hour market, forex trading begins each day in Sydney, and moves around the globe as the business day begins in each financial center, first to Tokyo, then London, and New York.
Is There A Margin Stop Out Level?
Yes - 20%. If your Equity (Balance - Open Profit/Loss) falls below 20% of the margin required to maintain an open position then your positions will be automatically closed.
What Kind Of Trading Strategy Should I Use?
Currency traders make decisions using both technical factors and economic fundamentals. Technical traders use charts, trend lines, support and resistance levels, and numerous patterns.
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