TradingForex.com is a domain owned and operated by TTCM Traders Trust Capital Markets Limited, a Cyprus Investment Firm regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 107/09. TradingForex.com is operated in accordance with the Markets of Financial Instruments Directive (MiFID) of the European Union.
TradingForex.com is licensed and authorised by the Cyprus Securities and Exchange Commission to provide our services. We are also holders of a MiFID passport for all EU countries to freely provide our services.
TradingForex.com is an STP (Straight Through Processing) Broker. Transactions are conducted electronically without the need for re-keying or manual intervention, subject to legal and regulatory restrictions. STP reduces operations errors as well as speeding up transaction handling.
About Forex Trading Terminology
'Margin' is the capital requirement necessary to open a position when forex trading.
A 'Margin call' is when the account's equity falls below the margin requirement for maintaining open positions.
A 'Margin Call' occurs when the account's equity to margin requirement reaches 80% or lower. When the account's equity to margin requirement drops to 50%, the account will be stopped out and all positions will be closed in order to avoid any additional losses.
A 'Pip' is the smallest price change that a given exchange rate can make. Since our major currency pairs are priced to five decimal places, the smallest change is that of the fourth decimal point. For example, if the USD/CAD currency pair moves by 0.0001USD then this is 1 pip.
'Leverage' gives the trader more buying power when forex trading. AtTradingForex.com, we offer up to 1:200 leverage, meaning you have up to 200 times more buying power than your margin. Leverage magnifies both gains and losses.
The standard unit size of a transaction is called a 'lot'. Typically, one standard lot is equal to 100,000 units of the base currency, 10,000 units if it is a mini-lot. TradingForex.com offers trades from micro lots and upwards in increments of 0.1 lots.
To go 'long' you are buying a currency. To go 'short' you are selling a currency.
A 'market order' is an instruction to immediately buy or sell an investment by a trader, at the best available current price.
A 'pending order '(either a 'Buy Limit', 'Buy Stop', 'Sell Limit' or 'Sell Stop') is a preset order you can place before the market has reached the price you would like to buy or sell at.
If, or when, your open position becomes profitable, a stop loss can automatically be set to protect your profit. This is called a 'trailing stop' and it can be very helpful when prices change suddenly in the same direction or when it is impossible to watch the market continuously for some reason.
- Buy Limit - Buying lower than the current market price in anticipation of a price rise.
- Sell Limit - Selling higher than the current market price in anticipation of a price fall.
- Buy Stop - Buying higher than the current market price in anticipation of a price rise.
- Sell Stop - Selling lower than the current market price in anticipation of a price fall.
About the TradingForex.Com Service
TradingForex.com is an STP Broker, so there are no re-quotes. The clients' requests are executed at the price that is stated on the company's trading platform based on the market execution (STP) principle.
Certain types of orders (Stop Loss, Stop Limit, Take Profit, Buy Limit, Buy Stop, Sell Limit, and Sell Stop) restrict the maximum amount of losses and may turn out to be inefficient under certain trading conditions, where the market situation may make the execution of such orders impossible. Such a situation could arise due to high volatility of the market, where rapid price movement could cause the price to rise or fall, preventing an order from being executed at the stipulated price.
The Trading Platform / Forex Software
Microsoft Windows 2000/XP/2003 server/Vista/7. Minimum screen resolution of 1024 x 768 (higher is recommended).
Currently you can trade with your iPhone, iPad, Android and Windows Mobile.
If you are logged into your platform from one PC and wish to login on another, then yes, it is possible.
In order to change your password, please login to the platform and follow these steps: Go to 'tools' - 'options'- 'server' - 'change' - type in your current password - click on 'change master password' - Choose a new password - confirm the new password - click on 'ok'.
In case of technical failure of the trading platform/Internet, if you wish to execute a position, then you may contact us on: +357 25 20 75 55+357 25 20 75 55. You will need to provide your account number, name and the order number of the position you wish to execute
TradingForex.com offers three types of accounts: STP/ECN Account, All-inclusive Account and a Forex Islamic Account.
The following is the documentation required to open a live account with TradingForex.com:
- Identification document (Passport or ID card): Photograph, signature, personal details, issue and expiry dates, place and date of issue, and serial number MUST ALL BE CLEARLY VISIBLE.
- Proof of address (utility bill, current local authority tax bill): dated within the last 6 months.
- Proof of signature: This can be present on your ID documentation. If your ID does not contain this, you may request a signature specimen form from email@example.com
TradingForex.com allows clients to open an account in both of the base currencies (USD and EUR). If you wish to open more than one account in any of the base currencies please e-mail: firstname.lastname@example.org, providing full details of why you wish to open a second account.
To open a corporate account with TradingForex.com, you will need to request the Account Application Form for Corporate Entities from: email@example.com