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FAQ
- Are there any charges for account opening?
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There is no charge for an account opening. The deposit will be treated as a margin amount for transactions.
- Is there any demo/trial account?
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Yes. Our demo account is a free demonstration version of the real time online trading system. You can use virtual fund to trade in a simulated real-life environment without any risks involved.
- Which currency can be used for trading?
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Account currency is USD. If you deposit other currencies, the will be converted into USD with a market exchange rate. You can check the rate before making deposit.
- Can I use my friend’s bank account to open a trading account?
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It’s not allowed. Every client should use his/her own bank accounts in trading. This is to ensure we can maintain its anti-money laundering regulations.
- What products can I trade?
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You can trade forex, gold, CNH, oil, stock index, and other CFDs in one single account.
- Do I need to pay commission?
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Trading on our online trading platform is commission free.
- Can I hedge a position?
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Hedging is allowed. That is, traders can have both a buy and a sell position on one currency pair at the same time. To establish a hedged trade, you can simply place a market order in the opposite direction of your existing position.
- When will a positon be subject to forced liquidation?
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When the equity level of trading account is the same or lower than the force liquidation margin level, forced liquidation will occur.
- When will a pending order expire on the trading platform?
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Placed pending orders will remain in effect until executed or canceled (Good-Til-Canceled).
