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Deposit and withdrawal of money

You can deposit money on your trading account in several ways.

By means of electronic payment systems:

  • Perfect Money

  • Webmoney

  • Liberty Reserve

     

Depositing money on the account by electronic payment systems happens automatically. The transferred funds will appear at your account within a few minutes after the transaction completion and you can use them for trading at the very moment.

You need to follow a few simple steps in order to deposit money on your trading account or to withdraw funds from the account:

  1. Sign in personal account by using your login and password that you specified at the moment of registration.

  2. Go to the "Deposit" or "Withdraw" in the trader's office.

  3. Select the preferred method of deposit or withdrawal.

     

You can withdraw any amount of free funds from your trading account. If you have open positions you do not need to close them. Please make sure you leave enough money on your trading account in order to avoid unexpected losses that may occur due to lack of funds.

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The foreign exchange market (currency, FOREX or FX) trades different currencies. It lets brokers, banks and other institutions easily buy and sell different forex instruments, such as currencies, CFD, Futures, etc. The purpose of the foreign exchange market is to help international trade and investment in online trading. A foreign exchange market helps businesses convert one currency to another. Forex broker is an assistant-mediator who helps you in currency trading for commission fee. He is an intermediary between buyer and seller. Most FOREX brokers are associated with large financial institutions and earn money by setting a spread between bid and ask prices. You are able to enter the forex market due to the leverage – the ratio of the value of a transaction to the required deposit. A common margin for FOREX trading is 100:1 (you can trade currency worth 100 times the amount of your deposit), but best online brokers set the leverage up to 500:1 (sometimes called 1:500). Online FOREX trading is also known as real-time trading.

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