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REAL AND DEMO TRADING


  1. What is the difference between trade on real and demo accounts?
  2. How long is demo account maintained?
  3. Is it possible for losses to exceed the initial deposit?
  4. What time is reflected on the Meta Trader terminal?
  5. Is there any opportunity to manage my account without an Internet access?
  6. I've placed a Take Profit pending order at EUR/USD 1.1365, and the rate was 1.1365. Why didn't the Take Profit order work?
  7. After opening an account I received the Login and Password. How can I access this account from another computer?
  8. I cannot find USDX instrument in trading terminal MetaTrader 4 for trading. Should I open real account for carrying out operations with this asset?

What is the difference between trade on real and demo accounts?

Technically trade on both the real and demo account is the same. Moreover, all Company accounts - both demo and real - are maintained by the same server. This leads to absolutely identical service quality and the same procedure for orders processing for each User. The only difference is in psychological aspects of conducting operations with real and virtual money.

How long is demo account maintained?

The demo account is maintained for 30 days from the moment the user last logged in successfully. After this period the user will need to register for a new demo account.

Is it possible for losses to exceed the initial deposit?

This situation is excluded because of the Stop Out mode. The mode was provided to limit both the Clients' and Company losses. Stop Out comes into effect when the Margin level displayed on the Trading Terminal drops to 20% or lower. In this case the Client can no longer manage his/her account and all opened positions are closed automatically.

What time is reflected on the Meta Trader terminal?

GMT is reflected on the trading terminal, but after daylight savings, the time displayed on the terminal lags GMT time by 1 hour.

Is there any opportunity to manage my account without an Internet access?

All operations with your account should be conducted independently via the Meta Trader 4 Forex Ltd trading terminal, but you have an opportunity to close opened positions by telephone in case of Internet disconnection (a separate phone line is allocated for this purpose). No other operations are conducted via telephone.

I've placed a Take Profit pending order at EUR/USD 1.1365, and the rate was 1.1365. Why didn't the Take Profit order work?

For example, the maximum price from 3:00 till 3:05 p.m. was 1.1365 and you had a Take Profit on 1.1365. The position couldn't be closed because the candle's maximum reflects Ask price, and maximum Bid price was 1.1362. You had an opened position for Buy, and Buy positions are closed by Bid prices.

After opening an account I received the Login and Password. How can I access this account from another computer?

Account access using these parameters is available from any PC where the Meta Trader 4 FOREX Ltd trading terminal program is installed. In the main menu select File -> Login and fill in the appropriate boxes in the appearing "Login" window ("Login" and "Password").

I cannot find USDX instrument in trading terminal MetaTrader 4 for trading. Should I open a real account for carrying out operations with this asset?

Forex Ltd provides the opportunity to carry out trading operations with 21 pairs of the most liquid currencies with US dollar index (USDX) and euro index (EURX) and also with the contracts for difference (CFD) on shares of 32 leading US companies and 3 exchange traded funds on real accounts as well as on demo accounts. To see all financial instruments in trading terminal You should press the right mouse button in Market Watch window and choose "Show All".

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