What is forex?
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The Foreign Exchange market, also referred to as the "forex" or "FX" market, is the largest financial market in the world, with a daily average turnover of approximately US$1.5 trillion. Foreign Exchange is the simultaneous buying of one currency and selling of another. The world's currencies are on a floating exchange rate and are always traded in pairs, for example Euro/Dollar, Dollar/Yen, Dollar/Franc, Euro/Yen etc. Only the “Majors” or “Hard” currencies are traded with the managed accounts provided through Visibility Concepts. |
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How much funds do I need to get started?
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| The minimum deposit requirement for a standard live account is $2500
and $250 for a mini account. |
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What type of account can I open with?
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You can open an Individual, Joint, Corporate, Partnership or Trust account. Please note, however, that the minimum deposit for the opening of a Trust account is $100 000. |
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What is a "pip"?
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| A pip is the smallest increment that a particular currency pair can move. |
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How do I access the software if I am behind a firewall or use a proxy server?
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In order to access the software while running through a proxy server, it is necessary to make sure that the proxy server has port 8080 open for bi-directional traffic as well as have all ports from 1024 and up open to send data. If it is not possible for the proxy server to accommodate this, it may be necessary to request a connection separate from the proxy server in order to facilitate connection to
the software. It would be good to note that the requirements for a proxy server are the same as what is needed to access
the software while behind a firewall. Once again, port 8080 must be open for bi-directional traffic and all ports from 1024 and up open to send data. |
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Do you offer referral fees?
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Yes.
Contact us to discuss the options available. |
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Why did the entry price change after 8:00pm GMT?
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The entry price changed after 8:00pm GMT
because of Tom Next. |
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What is "Tom Next" or "Roll over"?
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Tom Next (Tomorrow Next Day) is the process of aligning the value dates of foreign exchange transactions and rolling a given spot position from one day into the next. while taking respective interest rates of crosses being traded into accordance. |
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