What is pip and how to calculate pip value on FXTM's platforms?

Swaps can be calculated with the following formula. Swaps = Pip value x Number of lots x Swap rate x Number of nights Example: $10 (pip value for 1 lot of GBP/USD) x 4 (number of lots) x 0.35 (short GBP/USD) x 4 (number of night...

For FX currency pairs Required Margin = Notional value * Trading Volume/ Leverage Example: 1 lot EUR/USD at 1:500 Leverage: 100,000 EUR * 1/ 500 = 200 EUR For Precious Metals Required Margin = Volume * Contract Size * Open Price / ...

Commission is applied only on the ECN Account (MT4) and the FXTM ECN MT5 Account. ECN Account (MT4): Commission is charged at 4 units of the Base currency and the conversion rate to the trading account’s currency (if applicable). Ex...

This happens if you’ve given the platform an extra instruction before the previous one was completed that can happen from multiple clicks or a hyperactive EA. Simply log out of the platform and login again. It should solve the problem.

Possible reasons: Your account is set to read-only. You are logged in using your read-only password. Your read-only password is the same as your trading account password. You haven’t made the minimum deposit required for th...

Standard Account: You can set your Stop Loss/Take Profit in the new order window. ECN Account: You can set the Stop Loss/Take Profit after placing a new order by double clicking on the order or with a right click. Amend it by selectin...

To open or close positions on MT4 trading platform, you may follow the steps below. Opening Positions Select ‘Tools’ and then ‘New Order’ from within your trading platform. Complete the required information in the new window...

It may be because it has been inactive for 13 days, as per Share’s Account Terms of Business. You can re-enable your account by following the steps below: Select your Shares account under the ‘My Trading Accounts ’ section in MyF...

The first thing you should do is change your trading account password . Then you should take a look at your trading history: Click on the ‘Journal’ tab in your MT platform. Within the ‘Journal’ tab, right click anywhere and se...