Frequently Asked Questions
Find answers to common questions about our services
Do you have slippage?
Slippage sometimes occurs during economic news releases and the requested price may differ from implementation.
What is Leverage?
Leverage is a ratio between the trader’s own funds and borrowed funds, which a trader borrows from his broker. 1:100 leverage means that for a transaction you must have a trading account with an amount 100 times less than the sum of the transaction. Example: a trader chooses the 1:500 leverage and has 200 euros on his account. Leverage 1:500 allows him to buy a contract worth 100.000 euros.
What is Swap?
A swap is an overnight interest fee that is charged or credited when a trading position remains open overnight. The amount depends on the instrument being traded, the trade direction (buy or sell), and prevailing market conditions.
What is Spread?
In forex trading, the spread is the difference between the bid (sell) price and the ask (buy) price of a currency pair.
How many types of accounts do you offer?
We provide four types of self-trading accounts: Rookie, Micro, Pro, and ScalpX, available for both MT4 and MT5 platforms.
