List of Questions


Why forex market?
What are the advantages of Forex?
What Does It Mean Have A 'Long' Or 'Short' Position?
How Do I Manage Risk?
How the system works?
How long do you hold the positions?
How many open positions do you hold at the same time?
How are the trades generated?
What Is A Stop Loss Order?
What is a pip?
Is the spread included in the trades?
What kind of Stop Losses use UpTradingForex.com?
How will I be alerted?
Do you offer free trial?
How long does it take to have access to the signals?
Any broker you recommend?
How do I renew the membership?
Do you offer auto trading?

F.A.Q.

Frequently asked questions.

Why forex market?
The Foreign Exchange market is known as the Forex or FX market. It is an international foreign exchange market, where money is sold and bought freely and has become the world's largest financial market, with over $1.5 trillion USD traded daily. Forex is part of the bank-to-bank currency market known as the 24-hour Interbank market. Transactions are conducted all over the world via telecommunications 24 hours a day from 00:00 GMT on Monday to 10:00 pm GMT on Friday. Therefore, it gives the investor the prerogative to open or close a position at will.

What are the advantages of Forex?
Forex is open 24 hours a day.
Forex is the most liquid market in world
A 100-to-1 leverage reduces the need for large amounts of capital.
MoneyForex does not charge any commission in executing a forex trading order.
No restrictions on shorting which allows you to enjoy profit opportunities during any market condition.
No Pattern Day Trading rule.
You can day trade with very low account balances.
You can open a little account.

What Does It Mean Have A 'Long' Or 'Short' Position?
A long position is one in which a forex trader buys a currency at one price and aims to sell it later at a higher price; the investor is benefiting from a rising market. A short position is an investment position that benefits from a decline in market price. The risk of having either long or short position will be the same.

How Do I Manage Risk?
The most common risk management tools in forex online trading are the limit order and the stop loss order. A limit order places restriction on the maximum price to be paid or the minimum price to be received. A stop loss order ensures a particular position is automatically liquidated at a predetermined price in order to limit potential losses should the market move against an investor's position. The liquidity of the Forex market ensures that limit order and stop loss orders can be easily executed.

How the system works?
System alerts are released to enter trades during the system trading day window.
If system finds reliable entry opportunities, system alerts are released every day.
If system does no find reliable entry points for any of the pairs, then no alert is released and will wait for the next day. Just be patient, we are monitoring markets for you. No intraday emails will be send.

How long do you hold the positions?
System has two alternatives for exiting open positions
• Profit target
• Stop loss

How many open positions do you hold at the same time?
The system has a maximum of one open position per pair to a maximum of 3; you can open a long or short position in each pair.

How are the trades generated?
We based our system in technical analysis with price ranges, using both sides of the market.

What Is A Stop Loss Order?
A stop loss order is an order type whereby an open online forex trading position is automatically liquidated at a specific price. For example, if an investor is long EUR/USD at 1.2560, they might wish to put in a stop loss order for 1.2500 to limit the loss. Often used to minimize exposure to losses if the market moves against an investor's position

What is a pip?
The smallest unit of price for any foreign currency. Digits added to or subtracted from the fourth decimal place,( 0.0001) in Eur/Usd and GBP/USD. Also called Points. For example: If the Eur/Usd move from 1.1820 to 1.1821 it is one pip.

Is the spread included in the trades?
Yes, the spread is included in the trades.
You will always buy at ask and sell at bid according to your spread.
There are many brokers and platforms with different spreads.

What kind of Stop Losses use ForexProTips.com?
Based on different volatility, each pair has its own stop loss amount.

How will I be alerted?
Subscribers of ForexProTips.com are alerted in member's page and by email. There are no additional charges for any of these added features. We send daily signals email at 17:00 EST or earlier.

Do you offer free trial?
Our service does not offer free trial. We offer a very reliable Trading System.

How long does it take to have access to the signals?
You may have instant access to the signals. After the credit card purchase is approved (takes a few seconds) you be entitled to use the system.

Any broker you recommend?
We don't have affiliations with any broker, we suggest looking at the majors brokers. Funds safety and reliable executions are priorities when choosing a Forex broker. Some of the best brokers are Oanda.com, Forex.com, FXDD.com, TradeStation.com

How do I renew the membership?
All orders are made in a recurring basis, in order to cancel your membership you can log in to your personal account created by our system or send us an email.
The order will be cancelled immediately.

Do you offer auto trading?
Autotrading is not currently a service option.

I still have more questions. How do I contact you?
Please send us an email to support@forexprotips.com

 

Copyright © 2010 - 2017 ForexProTips.com All rights reserved. Data and information is provided for informational purposes only. Neither ForexProTips.com nor any of its data or content providers shall be liable for any errors or for any actions taken in reliance thereon. Forex trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the forex markets. Don't trade with money you can't afford to lose. ForexProTips.com is not a registered broker-dealer and does not endorse or recommend the services of any brokerage company. The brokerage company you select is solely responsible for its services to you, the user. ForexProTips.com shall not be liable for any damages or costs of any type arising out of or in any way connected with your use of the services of the brokerage company. All published results are hypothetical gross results without adjustment for trading cost. (commissions, fees & slippage).

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