Q: Does GO Markets offer a demo account?

Yes , GO Markets do offer a demo account that permits amateur traders to enter the universe of trading. You can use their MetaTrader 4 demo account and begin trading indices, commodities, forex and cryptocurrencies as CFDs in a training environment with $50,000 in virtual assets. On the off chance that you've been thinking about jumping into the forex market and testing the service of GO Markets, the MT4 Demo will be a good start. The GO Markets live demo trading platform of MetaTrader utilises the same price feed as live MT4 accounts. Therefore, you'll encounter continuous spreads and quick execution, as you would in the live GO Markets trading environment. This gives beginners the ideal chance to download and experience the genuine platform and begin trading, which will cost nothing. GO Markets demo account features: Free to open $50,000 in virtual funds Real-time spreads and charts Over 80 technical analysis tools 24/5 multilingual client support Access to all types of accounts, platforms and products^ In addition, GO Markets have a full set-up of instructive material, including instructional video exercises, to enable you to understand what the basic aptitudes are to be when utilising MT4. Like most of the other customers, you will quickly learn there are a few key abilities required when you launch the trading platform and start to trade, but also be aware, the psycology of trading "demo account funds" is vastly different to when trading on a live account. ^Share CFDs currently are not available on demo accounts

Question 1

How to turn off the beeping sound in Discord

Accepted Answer

The very annoying "beeping" sound on Discord is a messaging sound. It can drive you crazy as it's relentless. Here's how to quickly and easily turn it off, in two steps.

The first is to limit direct messages (DM) beeping at you:

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

Next is 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. If you're a member of multiple servers this can get a little crazy.

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

To mute a specific Discord server that is overusing the "@everyone" notice, or simply edit the settings to your liking, set the following areas up for each server you are a member of:

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

Done. Enjoy a quieter Discord experience.

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, get news and signals 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. You can continue without your National Insurance number

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. This is used to verify your identity.

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. You must select the correct answer. For the question below the correct answer is chosen. If you are struggling with any of the questions you can check our knowledge database to help you answer or chat to one of our analysts in our online chat, who will help you.

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.

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 eToro. Safe method of investing eToro.

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

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 4

Why do brokers use a VFSC license?

Accepted Answer

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 500:1 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 5

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 6

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 7

Does Pepperstone allow hedging?

Accepted Answer

Does Pepperstone allow hedging?

Question 8

Does Pepperstone allow scalping?

Accepted Answer

Does Pepperstone allow scalping?

Question 9

Does GO Markets offer a demo account?

Accepted Answer

Yes, GO Markets do offer a demo account that permits amateur traders to enter the universe of trading.

You can use their MetaTrader 4 demo account and begin trading indices, commodities, forex and cryptocurrencies as CFDs in a training environment with $50,000 in virtual assets.

On the off chance that you've been thinking about jumping into the forex market and testing the service of GO Markets, the MT4 Demo will be a good start. The GO Markets live demo trading platform of MetaTrader utilises the same price feed as live MT4 accounts. Therefore, you'll encounter continuous spreads and quick execution, as you would in the live GO Markets trading environment.

This gives beginners the ideal chance to download and experience the genuine platform and begin trading, which will cost nothing.

GO Markets demo account features:

Free to open
$50,000 in virtual funds
Real-time spreads and charts
Over 80 technical analysis tools
24/5 multilingual client support
Access to all types of accounts, platforms and products^

In addition, GO Markets have a full set-up of instructive material, including instructional video exercises, to enable you to understand what the basic aptitudes are to be when utilising MT4.

Like most of the other customers, you will quickly learn there are a few key abilities required when you launch the trading platform and start to trade, but also be aware, the psycology of trading "demo account funds" is vastly different to when trading on a live account.

^Share CFDs currently are not available on demo accounts

Question 10

What is Admiral Markets Traders Room?

Accepted Answer

The “Traders Room” is the brand name given to the Admiral Markets backend system.

The Admiral Markets Traders Room allows you to create accounts, manage your accounts, withdraw and deposit funds, see which license you’re trading under and more.

Sign up to Admiral Markets to gain access to your own “Traders Room” here.

How can we help?

Most popular

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