FAQ
What is Forex?
The Foreign Exchange market, also referred to as the “FOREX” or “Forex” or “Retail forex” or “FX” or “Spot FX” or just “Spot” is the largest financial market in the world, with a volume of over $4 trillion USD a day.
What is traded in the Foreign Exchange market?
The simple answer is money. Forex trading is the simultaneous buying of one currency and the selling of another. Currencies are traded through a broker or dealer, and are traded in pairs; for example the Euro and the US Dollar (EUR/USD) or the British Pound and the Japanese Yen (GBP/JPY).
What broker do you recommend?
We have a range of preferred Forex brokers organised to provide our clients with the tightest spreads available. We will assist you in choosing an appropriate broker and setting up your trading account.
How much do I need to trade?
We suggest starting to trade with a small amount and building up over time. Forex is ideal as you can start with as little as $200 and trade .10c a point winning or losing the cost of a cup of coffee. The size of your posistion is limitless however keep it realistic to begin with.
Can I just pay for the trading room?
No, we are a complete trading system. You have full access to all aspects of our program. We educate, support and mentor our clients daily through many avenues. We run a live Trading Room as well as a Signal Service, so you can have the flexibility to use parameters that suit your lifestyle.
Are memberships free?
No, we hire the best Forex Master Traders to call the market live 5 days a week and our Trading Room is staffed with 3 – 4 Master Traders per shift who are qualified to coach, mentor and support you fully. They will also call trades live for you to copy and follow each day 24 hours. This and more is all included in your membership.
What is a pip?
The most common increment of currencies is the pip. If the EUR/USD moves from 1.2250 to 1.2251, that is ONE PIP. A pip is the last decimal place of a quotation. The pip is how you measure your profit or loss.
What is leverage?
Think of your broker as a bank who basically fronts you money to buy currencies and all he asks from you is that you give him a small deposit in good faith, which he will hold you for but not necessarily keep. Sounds too good to be true? Well this is how forex trading using leverage works. The amount of leverage you use will depend on your broker and what you feel comfortable with.
Can I trade from overseas?
Yes, Forex is a 24 hour market. If you have a 3G mobile phone or a broadband internet connection you can trade from anywhere in the world.
Can I trade on my mobile?
Yes, you can trade directly from a cell mobile phone. You can place a trade, modify the order, check charts and manage your account from your cell mobile phone easily.
Do I need a new computer?
No, most computers that were manufactured over the last three years are more than powerful enough to trade. We recommend a computer that has an Intel chip set and has approximately 2 GHZ.
How many trades do you get per day?
We are focused on high probability trades. We will deliver approximately 1 – 36 trades per day.
What does the training consist of?
Our training begins with an online E-learning course. You have unlimited access to this course when you want it. We hold a weekly beginners class session and a bimonthly intermediate class session for all members. You can attend and revisit all our class sessions as many times as necessary. We have a Support department on our 800 # five days a week 24 hours per day. They are there to assist you with any questions regarding setup and navigation of the course. We also run the live Trading Room 24 hours per day, five days a week and this is a brilliant place to ask questions and receive mentorship directly from our professional traders.
Are there any further costs?
We do not charge a monthly fee for our Trading Room. We do not charge for our trading platform, our charts or the data connection.
Is this gambling?
No, gambling is when the house has the advantage over the gambler. We gain this advantage by using only proven signals that have outstanding success rates. We also garner advantage by trading with the assistance of a professional trader.
What kind of internet connection do I need?
ADSL, ADSL 2, cable or wireless broadband or satellite.
How much is download per month?
Depends on how much you trade. On average between 3 – 6 GB per month.
What speed internet connection do I need?
A minimum of 150 Kbps upload speed is needed.

