How to Trade Forex and CFD at IQcent

What is CFD?

CFD – Contract for Difference.

CFD is type of financial asset which helps trader to gain and earn in a continuous way. By predicting the move of a currency, trader can choose to open BUY or SELL contract for any asset.

 

What is cryptocurrency?

Cryptocurrency is a digital currency, which functioning is based on blockchain techology. Physically currency doesnt exist, it exist only in virtuality.

The most popular cryptocurrencies are Bitcoin, Ethereum, Litecoin, Dash, Ripple. You can use these currencies to fund and trade.
 

How to Trade Forex and CFD at IQcent?

To start trading CFD, fund your account and login into the platform. On the top youll be able to choose CFD trading tab and start trading CFD.

1. Choose asset for trading. Currencies, Commodities, Crypto

2. Enter the amount of current Asset, you would like to buy or sell, you will always see the available leverage and the required balance for opening the exact order.

3. Click the “Place Order” button to set the goal or stop the loss at a certain point

4. Click “Place”

The system will automatically close the posittion for you once you reach the preset frames, you always have an opportunity to close the position manually, simply choose already placed ordered under the chart and click “Close”. Or Modification Order are available for you to manage the setups for Profits and stop-loss value and press update

5. The result of your trade will appear immediately after expiration of your position on your balance
 

Note:
You can choose BUY or SELL options, depending on your commercialize forecasts.

It ’ s not permitted to trade CFD, if full account passing is exceeding full sum of deposits on the explanation.

When trade CFD, if balance wheel drops to the level of bonus, an automatic rifle conclude of all open trades takes place – allowance margin call.

case : You deposited $ 1000 and got bonus of $ 1000. If the loss in your account equals to $ 1000, bonus is automatically recluse and loose trades are closed .

What time base is used by the platform?

The time is displayed based on Greenwich Time (GMT)

 

What is Margin Call?

Margin call is account state when all your open trades will be automatically closed.

Margin call is triggered by 5% margin level (5% from free funds + opened positions margin).

For instance, you have $1000 on your balance and you open several positions.

If your total floating profit/loss will reach -$950 (5% from free funds + opened positions margin), you margin call will be triggered.

 

What is Sell Out?

You can close opened position before option expiry time.
Following conditions should be complied:

1. choice put should be in the money ( in profit ).
2. From the option clear meter passed at least 1/4 from chosen period.
3. Payout for the option will be calculated by next formula :

Payout before expiry = planned payout * past period coefficient – discount

Past period coefficient – ratio between time from start time till option action time
Discount – 10% from investment amount

If payout before expiry time get negative, then its deducted from option investment amount.

 

Copy trading – follow successful traders

Copy trading service designed for novices and people who want to trade automatically without manual trades.

To get started, you need to fund your account and on the trading platform press Copy trading, then choose trader to copy from.

CFD – contract for Difference.CFD is type of fiscal asset which helps trader to gain and earn in a continuous way. By predicting the affect of a currency, trader can choose to open BUY or SELL sign for any asset.Cryptocurrency is a digital currency, which functioning is based on blockchain techology. Physically currentness doesnt exist, it exist only in virtuality.The most popular cryptocurrencies are Bitcoin, Ethereum, Litecoin, Dash, Ripple. You can use these currencies to fund and trade.To depart trading CFD, fund your account and login into the platform. On the top youll be able to choose CFD trade yellow journalism and start trade CFD.1. Choose asset for trading. Currencies, Commodities, Crypto2. Enter the measure of current Asset, you would like to buy or sell, you will constantly see the available leverage and the want balance for opening the demand order.3. Click the “ place order ” push button to set the finish or stop the loss at a certain point4. Click “ Place ” The system will mechanically close the posittion for you once you reach the preset frames, you always have an opportunity to close the position manually, just choose already placed ordered under the chart and snap “ Close ”. Or Modification Order are available for you to manage the setups for Profits and stop-loss value and imperativeness update5. The result of your trade will appear immediately after termination of your place on your balanceThe fourth dimension is displayed based on Greenwich Time ( GMT ) Margin call option is account state of matter when all your open trades will be automatically closed.Margin birdcall is triggered by 5 % margin level ( 5 % from loose funds + opened positions margin ) .you have $ 1000 on your symmetry and you open respective positions.If your total floating profit/loss will reach – $ 950 ( 5 % from exempt funds + opened positions margin ), you margin call will be triggered.You can close opened military position before option death time.Following conditions should be complied : Payout before termination = planned payout * past menstruation coefficient – discountPast period coefficient – ratio between clock time from originate clock public treasury option action timeDiscount – 10 % from investment amountIf payout before termination time get negative, then its deducted from option investment amount.Copy trade military service designed for novices and people who want to trade mechanically without manual trades.To get down started, you need to fund your account and on the trade chopine press Copy trade, then choose trader to copy from.

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