Free practice account
FOR BEGINNERS
The purpose of trading in Forex currency market is to make profits on periodical fluctuation in exchange rates.
Frequently Asked Questions
- What is the minimum amount that I can trade in?
Minimum amount is 0.01 lot, or 1'000 units of base currency
- Are the user name and password which I received in an e-mail from you case sensitive?
Yes. The user name and the password should be written in exactly the same manner as they are written in our e-mail. Otherwise access to the system would be denied.
- Can I deal in any volume of currency or quantity of metals etc.?
You can deal in both standard lots and portions of lots, i.e., mini lots. The amount/quantity of a standard lot is as follows: 1 lot Euro = Euro 100,000 1 lot GBP = 100,000 1 lot Swiss Franc = SF 100,000 1 lot Japanese Yen = Yen 100,000 1 lot Gold = 100 oz 1 lot Silver = 5000 oz
For the mini lots the standard lot is apportioned accordingly, i.e., if you take 0.10 of Euro, the lot size will be 0.10 x 100,000 Euro = 10,000 Euro and if you take 0.20 of GBP, the lot size will be 0.20 x 100,000GBP = 20,000 GBP.
- How safe and where is my money are allocated?
Our client's money are kept in a segregated (separate) client account i.e. client money is held separately from company funds and cannot be used by BroCo InvestmentLtd except for client dealing purposes. Client funds cannot be used to guarantee BroCo InvestmentLtd accounts or to offset BroCo InvestmentLtd loans.
- Can funds be transferred from/to a third party to my account with BroCo InvestmentLtd?
According to regulations, funds have to come from the client and not from third parties.
- How can I withdraw my funds from my account?
You may withdraw your funds by going to your personal cabinet and filling the online withdrawal form.
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