All funds in Micro account are shown in cents in the trading platform. Therefore, when funding your account with $1 you will see 100 cents deposited on it, and, once your $50 have been accepted, they will be shown as 5000 cents. It has nothing to do with leverage which is only provided for the time period between the opening and closing of an order.
Yes, we do. When transferring funds via electronic payment systems listed in My account, you will have them instantly deposited into your trading account.
You can withdraw funds from your trading account in My account in the ‘Withdrawal’ tab by filling an order form. Our Financial Department will process your order within the shortest possible time, which is usually no more than 30 minutes (on business days).
The funds are converted automatically according to the current commercial exchange rate displayed in My account, ‘Management’ tab. Your deposit amount is converted into US dollars and then placed on your trading account.
In the case of automatic funding via My account, your account is funded by API interface. If you transferred funds to our wallet directly, they were placed on our company’s wallet and were not deposited automatically. Please send us a transfer receipt to: finance@systemforex.com.
Your withdrawal order is not complete in such case. To confirm your order, you have to follow on the link in the email sent to your e-mail address immediately after completing an order form in My account. If your order is completed successfully, appropriate funds will be automatically withdrawn from your trading account.
Funds withdrawal can be only performed via the same payment system that you have used for funding. Once the entire deposit amount is withdrawn, you can withdraw your profit using any payment system.
Possibly, JavaScript is disabled. Antivirus or firewall may block this transaction. The error may also be caused by security programs – in this case, you have to add our website to the list of trusted websites to unblock the scripts of our website. You may also try to fund your account from other browser.
Forex means international foreign exchange market with a billions of dollars turnover. Modern technologies allow millions of private individuals (investors, traders) to trade on Forex online and yield profit from buying and selling different currencies.
Our company offers Forex market trading services to all people regardless of their country of residence. Clients sign in and deposit/withdraw funds from their trading account directly on our website. To transfer funds, our company offers various electronic payment systems.
We recommend that you open a Micro account with $10 deposit to test the MetaTrader 4 trading platform and payment procedures. Terms and conditions of working with different accounts are totally identical.
Our company does not withhold any taxes from your withdrawal amounts. You get an entire amount you have earned. Client funds are considered to be confidential information.
During the registration the Client must either accept or decline the terms of the Client Agreement, having carefully read them previously. Clients must make all the decisions on their own; no third party involved. The Client Agreement stipulates in great detail the rights and responsibilities of the parties, in particular: paragraphs 2.5 and 3 "Client Risks". Once you have opened and funded a trading account with our company you comply with the trading terms and conditions stipulated in the Client Agreement.
All trading accounts are highly secure against hacking and are continuously monitored by our Security Department. Our company provides reliable and high-quality service.
To log in to a contest account in MT4 please go to ‘File’ –‘Login’ in the menu of the platform. Then, enter your account number (login) and password in the authorization window. After you have entered all required information, click on the ‘Login’ button.
The best way to enter a password is to copy it from the email sent to your registered e-mail address after opening the account. Please make sure no blank space is captured when copying the trading password.
If you use the trading platform at your workplace, it may be the case you are connected to the internet via firewall or a proxy server. In such case, go to ‘Tools – Options – Server’ and check 'Enable proxy server' box. The settings of proxy server may be copied from Internet Explorer ‘Service – Viewer Properties – Connections – LAN Settings’. The platform allows to work with SOCKS4, SOCKS5, and HTTP proxy servers. If the problem persists, ask your network administrator to open the port 443 or set up the port mapping to access the server.
If you already have MetaTrader 4 trading platform installed, all you have to do is go to settings and enter IP address of the trading server 95.211.162.152:443 (real) or 208.64.68.226:443 (demo).
If the trading platform is installed from our website, you just need to select SystemGates-Demo server for demo and SystemGates-Live for live (real) trading.
Yes, you can. To export quotes in other programs in the real time mode, you can use DDE (Dynamic Data Exchange) protocol. The DDE mode can be activated in ‘Service – Settings (Server)’ menu.
If you have access to trade, quotes in the ‘Market Watch’ window change and open positions are visible, but the ‘Account history’ section has no information, it is possible that you incorrectly selected the account history viewing period. To see all history period, right click in the ‘Account history’ window and choose ‘Select a period’ or ‘All history’. Then, wait for the account history to download.
When you set the trailing stop to, for example, Х points, the following thing happens: trading platform takes no actions unless a position reaches the profit level of Х points (the trailing stop amount). After that, the stop order is automatically reset at Х points away from the current price (in this case, at the breakeven level). If there is a quote where difference between the current price and stop order exceeds Х points (the trailing stop amount), the platform will again change the stop order, ‘pulling it up’ to the current price at the distance of Х points. Therefore, trailing stop represents a certain algorithm of controlling stop orders. Trailing stop works only when you are logged in your trading account and your trading platform is connected to the trading server.
Let’s examine the bar formation in the trading platform:
High means the maximum bid during a period, and Low is the minimum bid during a period.
In other words, the maximum Ask will be equal to High plus spread, and the minimum Ask will be equal to Low plus spread. Sell order will be closed by Stop Loss when current market Ask price (High plus spread) reaches the order level. Take Profit will close Sell order when current market Ask price (Low plus spread) reaches the order level. Let’s assume that you opened a short position (Sell) for EUR/USD at 1.2215 and set the Stop Loss at 1.2350 and Take Profit at 1.2120. As Sell order is closed by Ask price, and we buy at Ask price, the maximum Ask needs to be 1.2350 to activate the Stop loss. At that time, the maximum bid will be equal (maximum Ask – spread) to 1.2347. Please keep in mind that High on the chart is the maximum Bid, so if we see that High = 1.2347 or higher, our Stop Loss order will be executed. And when is Take Profit to be executed? Buy order is closed by selling, and we sell at Bid price. It is necessary that the minimum Ask equals 1.2120 for Take Profit to close the order. At that moment, the minimum Bid (minimum ask – spread) will be 1.2117. It is important to remember that Low on the chart is the minimum Bid. So, if we see that Low is at 1.2117 (order price – spread) or lower, our Take Profit order should be executed.
At the moment, the news are broadcasted in English, because English language broadcast has better quality and speed. In the future, our company will consider a possibility of broadcasting the news in Russian.
Different companies provide different trading platforms at their own discretion. Our company offers the most popular and advanced MetaTrader 4 based platform, which meets all modern requirements and is suitable for both professional traders and beginners.
All funds in Micro accounts are shown in cents instead of dollars. Therefore, once you have funded your account, $1 corresponds to 100 cents, and your $10 will be shown as 1000 cents. It has nothing to do with leverage as it is only provided for the time of order opening and closing.
Leverage is set by default and is not visible in your trading balance, because it is automatically applied and recalled during an order. Leverage only affects margin. The larger is the leverage, the smaller is the margin. You may test various trading conditions on a demo account.
An example of how to place an order can be found on our website www.systemforex.com. We recommend that you go to 'Help' – “Help Topics' in your MT4 to read the Userguide. We would like to remind you that the fast access to it can be done by pressing F1 key while in the platform.
Orders carried over to the next day are known as market swaps, which can be both negative and positive, depending on the interest rates difference and pip value of the broker . Let’s say that the interest rate is 4.25% in Europe and 3.5% in the United States. Let’s further assume that you opened a 1.0 lot EUR/USD Sell order. For that purpose, you had to sell EUR 100,000. Therefore, you have to borrow this amount at the 4.25% annual rate. After selling euros, we buy dollars and deposit them at the 3.5% annual rate. Total transaction costs: (4.25-3.5) % annually or, which is the same thing, with EUR/USD rate 0.9000: 675 dollars per year, or 1.85 dollars per day. So, 1.85 dollars will be deducted from your Forex account every day from each lot with the open Sell position for EUR/USD. And if you bought currency, then, you will get 1.850 dollars every day. In reality, however, the deducted amount will be a bit more than 1.85 and accrued amount less 1.850. This ‘a bit’ amount is what broker gets as compensation for carrying your position over to the next day.
Amount accrued/deducted is called ‘storage’ fee. Note: if a position is carried over from Wednesday to Thursday, the triple storage fee is charged. This happens due to the evaluation date of a position opened on Wednesday, which is Friday. If a position is carried over from Wednesday to Thursday, evaluation date must increase by three days instead of one and become Monday. That’s why the storage fee from Wednesday to Thursday is tripled.
A contract for difference (CFD) may be considered as a purchase of share with loan funds. A CFD buyer gets all the advantages of the corresponding share, including price increase and respective dividends, but is obliged to pay loan expenses to a seller. In some way, it is similar to making a bank loan to buy a share – investor gets the advantages of holding the share, while bank gets its interest. CFD puts this process together in a single deal. And vice versa, if a share is sold.
Buying CFD for U.S. shares or index shares:
If a buy position remains open by the end of a trading session, you have to make payment for the loan you have got, based on the FED Funds Rate (for U.S. shares) and closing price for the shares you bought. Let’s say that the FED Funds Rate is 1.75%, and the closing price of the day for Microsoft share is 25.00. In this case, you have to pay for the loan involved: N_shares ? P_Close ? Interest / N_Days = 100 ? .00 ? (1.75% + 1.25%) / 360 = index.pl.28 1.25% - that’s what broker takes for his ‘troubles’.
Selling CFD for U.S. shares or index shares:
If a position remains open by the end of a trading session, your account will be charged to the amount based on the FED Funds Rate (for U.S. shares) and the closing price of the day for the shares you sold. Let’s say that the FED Funds Rate is 1.75%, and the closing price of the day for AXP share is 33.10. In this case, your account will be fuded: N_shares ? P_Close ? Interest / N_Days = 200 ? .10 ? (1.75% - 1.25%) / 360 = index.pl.09.
Note: Storage for carrying over a position for CFD shares is charged triple from Friday to Monday, because this position is financed not for one but three days.
МТ4 platform may display the ‘trade context busy’ error, if an attempt to place an order has failed due to, for example, temporary connection loss with the trading server. As a result, the first request has not yet been processed while the second one was sent, In this case, the second request is queued and the platform shows ‘trade context busy' error . Please restart your trading platform.
You may become our client within 1 minute by filling the registration form and funding your trading account using one of the payment systems listed on our website. Account funding is usually processed instantly or with a moderate delay if you choose non-automatic funding method. You can fund your trading account in My account on our website. Non-automatic payments are processed within one hour after you have deposited funds to your account. You may choose from over 20 methods of account funding from any country of the world.
You may trade on the Forex market 24 hours a day, 5 days a week between 00:00 hours EET of Monday and 00:00 hours EET of Saturday. Trading on CFD market is performed 5 days a week: 16:30 EET - 23:00 EET Monday through Friday. Trading may be suspended for short periods of time due to the international holidays, which we will additionally post in our news line
Yes, you may contact representatives of most departments even at night. Business hours of all our departments and contact information may be found in the "Contacts" tab.
Demo account remains active for 90 days after the date of the last account activity. Your demo account will be automatically closed if it remains inactive more than 90 days. If a demo account is used continuously, no expiration date is applicable.
Of course. If you don’t have a real trading account with our dealing center yet, please fill in the registration form and indicate the desired leverage level. Currently, we offer three leverage options: 1:50, 1:100, and 1:200. If no leverage is selected, the account will be opened with 1:100 leverage by default.
You may change leverages in My account in the ‘Management’ tab.
Such right is stipulated in the Client Agreement which you have accepted. Stop Out is an automatic closing of open positions if your equity (balance + floating profit – floating loss) reaches 5% of your Margin. Let's make an example: B is account balance, M – margin for open positions, L – floating loss (in absolute figures). In this case, the Stop Out will occur if B – L ? 5% ? M. This measure helps to avoid complete loss of funds in your trading account, and increases the probability to maintain remaining open positions for a longer time.
No, you don’t. The money in your real account is referred to as a security deposit. Regardless of your losses the amount of your trading account security deposit will never be exceeded, therefore, there is no any possible debt to our company.
No, you can’t. The demo account is used for testing the platform and conditions of trade. All funds in this account are virtual and cannot be withdrawn. However, all trading conditions and properties of the platform as well as market quotes are exactly the same both for demo and live (real) trading.
To yield real profit, you need to open a real trading account and fund it to start trading.
* If you didn’t find the answer to your question, please use the feedback form to contact our support. We will respond as soon as possible.
