Q: How Do I Claim a Partner Code With AvaTrade?

Place the partner code 128979 into the "have partner code" box and you'll get your AvaTrade welcome bonus . Your AvaTrade partner code will be activated when you click on create account.

Question 1

How to Turn off the Beeping Sound in Discord

Accepted Answer

Once you've installed Discord, added a range of servers, and joined a few channels, a notification sound ("beeping") can quickly become very annoying as Discord messages or notifications occur on various servers.

This Discord "beeping" tone can quickly drive you crazy if you're an active member of several communities. Don't worry; we've got you covered.

Here's a guide to quickly and easily turn off the Discord notification sound in three simple steps. We've added some bonus tips, depending on how much you'd like to control your discord experience.

Turn Off Discord Notification Sounds:

Go to settings and notifications (in the left menu). ⚙️
Scroll to Sounds and check the "Disable Notification Sounds" radio button.
The settings below this area also allow you to turn off each notification sound individually.

If you wish to turn off the notifications that trigger the notification sounds, you can add the following steps to improve your Discord experience, depending on your taste.

Limit Direct Messages (and DMs beeping at you) [Optional]:

You should limit direct messages (DMs) depending on the community you join, the level of spam messages you receive, or the users you're used to dealing with.

Click on the little gear icon in user settings (lower left of the screen). ⚙️
Click on Notifications on the left menu.
Scroll down and turn "Message" off.

Discord can be problematic with scammers and spam messages, so limiting DMs can help limit notifications and add security to your Discord experience, especially in the crypto space. Limiting DMs is, of course, optional but recommended in some circumstances.

Limit Server Notifications [Optional]:

Next, here is a way to limit server notifications; this can be unique for each Discord server you're a member of.

For example, some Discord servers use the @everyone notification far more than others. When you receive an "@everyone" notification in a server, it will alert you like a DM alert. This can happen from various channels on the Discord server. The notification sound can get relentless if you're a member of multiple servers.

If this is the case, you need to edit or mute the notifications for each each Discord server.

Take control of your Discord experience by muting a specific server that is overusing the "@everyone" notice or editing the settings to your liking. You have the power to set the following areas up for each server you are a member of.

Limiting server notifications can help you be notified from specific servers. Right-click on the Discord server icon and click on "Notification Settings" From here, you can decide how you're notified:

Only receive mentions when someone uses @mention.
Do not get any messages.
Stop anyone sending you @mention (including admins etc.).
All roles (admins) cannot send you @mention.

You're all done. Enjoy a quieter (more mindful?) Discord experience.

Pick and choose which options you wish to use, to limit sounds and/or notifications in Discord for your own taste.

Please note, when joining a new server, you will need to set your own preferences for the new server.

Why not join in with trading talk, a helpful trading community, get signals, news and updates on our Trade the Day Discord server.

Question 2

How to sign up to eToro step by step guide

Accepted Answer

Today we will show you how you can sign up to eToro in just 10 minutes.

Follow our step by step sign up guide for eToro and understand the eToro sign up questions.

It is safe to invest with eToro online from a regulatory perspective. eToro are one of the more mainstream brokers with a user base of over 13 million traders.

Remember, use our link here to sign up so you can get our free guides about eToro copy trading and trade management, or click the “Open Account” button below.

67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

5 Quick Steps to Opening an Account with eToro

Create your free eToro account by providing your personal details - click here
Provide a telephone number to protect your accounts security
Answer the eToro questions to assess your trading experience
Verify your eToro account by supplying ID, proof of identity and proof of your address
Deposit funds to buy and sell currencies (forex), stocks or cryptocurrencies.

Step by Step Sign up on eToro

Firstly things you will need when signing up:

National ID or Passport
Bank account statement with your address on it

Other requirements are a phone number and an email you've never used with eToro before. If you don't have these to hand, it is possible to start the sign up process now and upload a bank statement and your ID later when you have them.

Fill in the First Form

When starting the first eToro form asks for your personal information, such as your name, email and then to chose a username and password.

A quick tip is to make your username a good one, to make it stand out.

This helps if you decide to become an eToro popular investor as your username is public and other people can see it and will follow it.

When it stands out encourages others to view your profile. Alternatively, if it's available you can use the same useranme as your other social media profiles to build your own brand as a trader.

If you want to remain anonymous in the public domain, don't use the same username as your other social media accounts or profiles as you'll be found easily from a Google search.

After this step is complete move to the next step, adding your information. You're now inside your eToro account. Click complete profile on the top left corner under your username.

Gender and Date of Birth

Make sure to select same date of birth as on your Passport/National ID. Once done click continue.

Your Address (as on Bank Statement)

Next you have to provide your address, make sure you give the same address as shown on your bank statement, or your proof of residence document.

Your Trading Experience

Next you will be asked about trading and your personal trading experience. Of course you must be honest with your answers to comply with the sign up process. However when I signed up I gave the following answers to the questions, which is a good answer to the given question.

eToro Trading Knowledge Question

eToro will ask you tabout your trading knowledge and provide you some choices around how you learned or are learning to trade.

eToro Trading Knowledge Assessment

Next eToro will ask you to answer a question and give you some choices around trading knowledge.

eToro Planned Investments

In this section it's recommended you check all items, as it is possible you may trade any of the instruments at any time, if you wish.

eToro Trading Strategy Question

Now we will select our strategy and the purpose of trading. We selected few weeks to several months. Although we are interested in long term gains and indeed short term day trading, a balanced view is best.

eToro Purpose of Trading Question

Within this section, we chose additional revenues.

eToro Attitude to Risk Question

This obviously depends on personal circumstances. The view is to keep a balanced portfolio. We obviously never want to risk more than our liquid assets or more than we can afford.

eToro Conflict of Interest Question

The eToro conflict of question asks you about your relationship with other brokers etc. You should answer honestly depending on your status to proceed.

eToro Source of Income Questions

Financial Status and source of income questions are presented next. Provide your primary source of income.

eToro Phone Verification

After doing this you will be asked to verify your phone number, which is very straight forward. You'll receive a code and you enter it into the eToro website.

At This Point You Can Trade

You can trade and provide further information at a later date to fully verify.

Passport or ID Card

You'll be asked to upload your passport or ID card, this can be postpone and done when you have them to hand. The process is very simple. This is not vital to trade right away, but you will eventually be required to verify.

eToro Address Verification

This is where you will need your bank statement, a utility bill or drivers license as proof of identity. The document must include your name, address and if a statement or bill be issued in the past 6 months.

eToro Tax Identification Number

This is country dependent based on where you're signing up to eToro from, however this is where you enter your tax identification number and records.

Accept eToro Terms and Conditions

Finally you will have to accept the eToro terms and conditions. Read over them and then click read and accept.

That is it, you'll now be fully registered to trade with eToro as your verification is pending.

https://tradetheday.com/wp-content/uploads/etoro-sign-up-pending.png (eToro Pending Verification)

Now that you have completed all steps and signed up with eToro why not join our community of traders over on Discord where trading ideas and signals are published daily. We recommend you read our extensive guide on eToro verification how to find right person (traders) to copy on

Finally if you are Muslim, it's recommended you deposit $1,000 and create an Islamic account so that you can have an interest free trading experience on eToro that is in line with your Faith. You can contact support for this after full verification of the account and deposit of $1,000.

Please let us know if you have any questions, simply click the chat window and chat right away with one of our many trading specialists.

eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.

*Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

Cryptoassets are volatile instruments which can fluctuate widely in a very short timeframe and therefore are not appropriate for all investors. Other than via CFDs, trading cryptoassets is unregulated and therefore is not supervised by any EU regulatory framework.*

Question 3

Why Do Brokers Use a VFSC License?

Accepted Answer

https://tradetheday.com/wp-content/uploads/vfsc-logo.png (Vanuatu Financial Services Commission Logo)

The VFSC is the "Vanuatu Financial Services Commission", which is the financial regulatory authority of Vanuatu (VFSC website).

Why use a license from Vanuatu?

Brokers that have clients using leverage of 1:500 might look to license within other jurisdictions enabling them to continue offering this leverage to clients, to that ratio.

Within Vanuatu there is no leverage restriction on brokers financial products. Therefore brokers wishing to offer clients a higher leverage product can on-board them via this license.

Be aware, if you are on-boarded via a license outside of your country of residence, the protection you might receive for the money in you brokerage account differs to the regulation under the VFSC license.

For some traders, this is a red flag, for other traders, that wish to access higher leverage, it's a known but accepted risk.

The three main reasons a broker might use a VFSC license.

1. Speed of getting a license.

The speed on setting up a license in Vanuatu is competitive verus other jurisdictions. Providing all documents and required information is submitted on time, a license can be granted with just 3 months. Keep in mind this is much quicker than other regions that have different application processes.

For example, approval for a Cyprus (CySec) Forex license can easily take over 12 months.

Often Forex brokers looking to obtain a fast license, consider VFSC. Consider this when selecting a broker, are they going to be around for long, is this broker trust worthy. Often a brokerage will have several licenses in addition to one with the VFSC.

2. A VFSC license is cost effective.

A Forex Broker license in Vanuatu is cost effective, especially when compared to other "offshore regions" like Belize or Seychelles.

If a business is launching a Forex brokerage it might make sense financially to begin with a license in Vanuatu saving costs initially and then build a brand. Again, watch out for brokers that wish to establish a brand, not setup and close.

3. A Vanuatu dealers in securities license offers flexibility

Establishing a Forex broker license in Vanuatu offers flexibility compared to other regions. Unlike a licenses in other areas with leverage capped at certain levels, there are no leverage restrictions for Forex brokers licensed in Vanuatu.

In addition, VFSC licensed Forex brokers are able to operate as either a market maker or provide straight through processing (STP). The VFSC also permits PAMM/MAM accounts with the inclusion of money management services.

Question 4

How Do I Claim a Partner Code With AvaTrade?

Accepted Answer

Place the partner code 128979 into the "have partner code" box and you'll get your AvaTrade welcome bonus.

Your AvaTrade partner code will be activated when you click on create account.

Question 5

Is MetaTrader 4 a Broker?

Accepted Answer

No, MetaTrader 4 is not a broker. It is a Trading Platform (software)

Why Do People Think MetaTrader 4 Is a Broker?

Understandably, people might think MetaTrader 4 is a broker as it is one of the world’s most popular trading platforms, and it is used in many trading screenshots online and within YouTube videos.

An analogy to help people understand the relevance of a trading platform is how you might connect to the Internet:

An ISP (Internet Service Provider) is like a “Broker”; for a fee or commission, they will enable you to connect to the Internet. MetaTrader 4 is like your modem (router), which allows you to connect to and use the Internet, i.e., trade in the financial markets.

MetaTrader a Trading Platform

MetaTrader 4, commonly referred to as MT4, is a trading platform that can be installed on Windows, Mac, Android, iPhone, and Linux, with native versions of each.

MT4 is best used on Windows. We have experienced a few issues with the Mac version and found it is less responsive, so we recommend using Windows to use MT4, however, the Macintosh version is improving each year.

When you become more experienced at trading or if you are running trading scripts and trading bots (in MetaTrader, these are known as Expert Advisors, or "EAs") it’s highly recommended that you use a VPS (Virtual Private Server), which will allow you to run the MetaTrader 4 platform 24/7 allowing you to turn your personal computer off and keep MT4 trading. A VPS is often a much faster connection to The Internet, allowing you to make trades at the fastest possible speeds via MT4.

A “web trader” version of MT4 allows you to use MetaTrader within most web browsers. Most brokers offer this version of MT4, but it has limited features.

You log into MT4 using the username and password provided by your broker. You commonly use your broker’s backend system to fund (and withdraw) funds from your account.

Once you log in to MT4, your broker account will make the funds available.

Different Versions of MetaTrader 4

Brokers provide MetaTrader 4 and other third-party trading platforms, such as cTrader or MetaTrader 5, a newer but less popular version of MetaTrader made by MetaQuotes.

It’s essential to note MetaTrader 4 is not exclusive, although many brokers’ marketing material would suggest it is; this is just a marketing spin.

Awards for “best trading platform” when a broker’s primary trading platform is MT4 are usually based on what plug-ins and tools are offered or the broker’s latency (speed). Generally, if your connection to the markets is quick, an “award” for the best trading platform should not sway your decision when choosing a broker, although they are often a good point of reference.

As mentioned, brokers may offer their customers different plug-ins and add-ons for MT4, like Autochartist or “MT4 Supreme Edition,” but essentially, it’s just MT4 with add-ons. MT4 is, essentially, the same across all brokers, or can be customised using plug-ins and EAs to operate the same.

MetaTrader 4 Brokers - What Does This Mean?

Some brokers do not use proprietary software and rely entirely on third-party trading platforms like MetaTrader to connect their clients to the markets. These brokers are commonly called “MetaTrader Brokers. Brokers Pay A License For MetaTrader 4.

Brokers pay a license to use MT4, which is dependent on the number of users and the “add-ons” and “white label” functions they use.

MT4 Being Phased Out for MT5

Interestingly, although it is still the most popular trading platform, MetaQuotes is no longer providing new brokers with MT4 licenses and no more MetaTrader 4 licenses to brokers.

Due to this, seasoned traders are increasingly seeking MT4 accounts, and some brokers are offering incentives to switch to using MetaTrader 5.

MetaTrader 4 Download

Due to MT4’s above limitation, it is no longer accessible to download MT4 directly from the MetaQuotes website. The links are all still available, but they will download MT5 when you click them. MT5 is fine to use if you’re starting trading and can do all MT4 does.

Most seasoned traders have been using MT4, so they prefer what it offers, including the unique base language it is coded with.

Can I Download MetaTrader 4?

Yes, if you wish to dowload MetaTrader 4, you can do so via an old archived link that is available here. Please note, this may not be supported by your broker, and is to be used entirely at your own risk.

Question 6

How do I withdraw money From Admiral Markets?

Accepted Answer

You can withdraw capital from your Admiral Markets trading account by providing a withdrawal insistence from your Client Area. There are various withdrawal techniques accessible; in any case, the methods accessible rely upon the deposit method that you utilised at first deposit your trading account.

Beneath, you will see a list with alternatives accessible to deposit or withdraw funds from your Admiral Markets UK Ltd trading account.

Bank Transfer - You can withdraw funds without any commission and fee (2 free withdrawal requests per month). Depending on your country of residence, you can withdraw funds with these currencies: EUR, USD, AUD, BGN, CHF, CZK, GBP, HRK, HUF, NOK, PLN, RON, RUB, SEK, etc. Admiral Markets, bank withdrawal may take up to three business days.
Paypal - This is the very popular transaction method among traders. By this method you can withdraw funds using these currencies: EUR, USD, GBP, CHF, PLN, HUF, CZK, SEK, AUD, SGD. You can withdraw funds without any commission and fee (2 free withdrawal requests per month).
Skrill - This is another most popular withdrawal method, which allows traders to withdraw funds using these currencies: EUR, GBP, USD, CHF, PLN, CZK, HUF, BGN, RON, HRK. For withdrawal using this method, Admiral Markets do not charge any fee (2 free withdrawal requests per month).
Neteller - Admiral Markets allows traders to withdraw funds with Neteller. You can use only two currencies (EUR, GBP) to deposit and withdraw your fund with this method. For withdrawal using this method, Admiral Markets do not charge any fee (2 free withdrawal requests per month).

Question 7

Does Admiral Markets offer a demo account?

Accepted Answer

Admiral Markets offers a free demo account to traders. Therefore, traders can work on trading before jeopardizing their real money. A Forex demo account empowers a trader to re-enact a live trading ambiance without putting any actual money at risk. It qualifies a trader to begin free trading moderately and rapidly.

All Forex traders should utilize a Forex demo account to experience how trading happens in the currency market resembles. Also, to become accustomed to the broker and the trading platform they are operating in. Admiral Markets allows traders to rehearse their trading abilities alongside a significant number of extra attractive amenities.

Moreover, with a demo trading account, traders can trade without any risk. That implies traders can abstain from risking their capital. Also, they can decide when they wish to move to the live markets.

For example, Admiral Market's demo trading account allows traders to access the most recent real-time market information. It also provides the potency to trade with virtual currency and admittance to the most recent trading bites of knowledge from professional traders.

Question 8

What Is the Maximum Leverage Eightcap Offers?

Accepted Answer

Leverage at Eightcap starts at 100:1 and goes up to a maximum of 500:1.

Eightcap started as an Australian broker licensed with ASIC. As with many ASIC licensed brokers, 500:1 was the most leverage this licensing authority allowed, until 29th March 2021.

Eightcap also has a VFSC license, which has no leverage restriction.

The leverage offered by Eightcap is generous. Leveraged trading should be used with caution. Leverage can seriously increase risk exposure, as well as potential profits.

Question 9

What is the minimum deposit at Titan FX?

Accepted Answer

With Titan FX you can start forex trading with a low minimum deposit of $200 or if depositing with Japanese Yen ¥, the equivalent to match 200 USD, to open your first account.

What is the minimum Yen deposit at Titan FX?

The minimum Japanese Yen (¥) deposit is the equivilant of 200 USD, whatever that rate might be at the time.

Question 10

Why Trade Futures With Avafutures?

Accepted Answer

Transparent Pricing

When you trade with AvaFutures, you benefit from transparent, low-cost pricing with no hidden fees or surprise charges. With trading costs starting as low as $0.75 per Micro contract per trade, AvaFutures ensures that you know exactly what you’re paying for, making it easier to manage your trading expenses. The platform’s commitment to transparency also means no inactivity fees, so you can trade on your terms without worrying about unnecessary costs.

Trade More with Less

One of the significant advantages of trading futures with AvaFutures is the ability to use high leverage. This allows you to control large trades with a relatively small amount of capital, maximizing your trading potential while benefiting from low margin requirements. With AvaFutures, you can take larger positions in the market without tying up too much of your trading capital, making it an ideal choice for traders looking to amplify their market exposure.

Protect Your Money

AvaFutures offers transparent pricing that facilitates easy hedging strategies, helping you protect your investments against price volatility. By trading futures, you can lock in prices and mitigate the risk of adverse market movements, safeguarding your portfolio in uncertain market conditions. AvaFutures provides the tools and resources you need to hedge effectively, ensuring that your investments are well-protected.

Highly Liquid Markets

Futures markets are known for their high liquidity, and AvaFutures gives you access to these markets around the clock. High liquidity means you can enter or exit positions with ease, even in volatile market conditions. AvaFutures ensures that you have ample opportunities to trade whenever you need to, providing the flexibility and responsiveness required to succeed in fast-moving markets.

Diversify Across Global Markets

With AvaFutures, you can spread your investments across a wide range of assets, sectors, and regions, effectively mitigating risk. Futures trading allows you to diversify your portfolio by gaining exposure to commodities, indices, currencies, and more. AvaFutures provides access to global futures markets, enabling you to create a balanced investment strategy that can weather market fluctuations.

Fair and Reliable Trading Environment

When you trade futures with AvaFutures, you’re trading on large, regulated exchanges rather than through over-the-counter (OTC) brokers. This ensures that your trades are conducted in a fair and transparent environment, free from conflicts of interest. AvaFutures is committed to providing a reliable trading experience where you can trust the integrity of the markets and the platform.

Why Choose AvaFutures?

Trading futures with AvaFutures offers a combination of transparency, flexibility, and security. With competitive pricing, access to highly liquid markets, and the ability to diversify your investments, AvaFutures stands out as a premier platform for futures trading. Whether you’re looking to hedge your investments, leverage your trades, or explore new market opportunities, AvaFutures provides the tools, resources, and environment you need to trade with confidence.

Read our full AvaFutures review where we dive into the AvaFutures platform with Trade the Day, here.

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