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Recent FAQs
January 19, 2018
How can I open a Swap-free MT4 account? What are the conditions?
Swap free accounts charge no interest on overnight positions and are available to clients following the Muslim faith. To request a swap free account, please add a note in the Referral field and they will create it for you. Please ...
January 17, 2018
How to set pending orders, limits and trailing stops on my order on MT4 platform?
To place a pending order, in the Order window, select Pending Order from the Type drop down menu. Then select the type of Pending Order from the new Type drop down list that appears. Enter the price at which you want the order to...
January 16, 2018
Are trades and pending orders guaranteed on MT4 platform?
Nothing is guaranteed in the financial markets due to the varying levels of price volatility on a daily basis. All positions are filled on the basis of market execution. Market execution means all trades will be executed at the best a...
January 16, 2018
What are the differences between Stop Loss and Take Profit orders?
A Stop Loss Order is an order to close a losing trade automatically at a certain price in order to limit its loss. This type of order is one of the main risk management tools you can benefit from as a trader especially if you are not ...
January 16, 2018
What are pending orders(stop and limit)? How do they work?
Limit and Stop Orders are known as pending orders and unlike market orders are triggered only when the market reaches a price you have set. Limit Orders Limit Orders are used to enter the market at a price advantage. For exampl...
January 12, 2018
What is a Trailing Stop on MT4? How does it work?
Trailing stops automatically adjust to the current market price, providing the investor with greater flexibility to profit, or limit a loss. For example, if we set our trailing stop initially at -10 pips and then the trade moves in o...
January 10, 2018
How to use Take Profit/Stop Loss orders? How do they work?
Stop Loss is an order that limits losses if the price goes in an unprofitable direction. It automatically closes the position when the price reaches a certain price level. To protect the deposit from negative market fluctuations and ...
January 9, 2018
How much does it cost for a position/order to stay open for more than a day?
In case you don't want to close your position in the end of the day it is transferred through the night and the fee, which is called swap is added to or deducted from it. To learn more about swap, please visit the educational page. T...
January 8, 2018
Why my Take Profit did not work, though the price on the chart reached the order level on the chart?
For example, you have opened a Sell position and set a Take Profit order. Please note, that as we sell a trading instrument, we open a Sell position at a Bid price (charts in the trading terminals are built according to the Bid price...
January 6, 2018
What is a Trailing Stop? Will it be triggered if I am offline?
Trailing Stop regime provides a mechanism for automatic update of the linked order Stop Loss by the following rule. If the profit of the position becomes higher than the set fixed distance, Stop Loss order moves to the level at which ...
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