Trading & Investing

• When will my trading account be ready for use?
  Your trading account is created immediately after completing your registration. Once your account is active, you can begin exploring the platform, deposit funds, and start trading right away.
• What does 'spread' mean in trading?
  In trading, the spread refers to the difference between the buy (ask) and sell (bid) price of an asset.
• Can you explain what a pip represents?
  A pip, or Price Interest Point, is the smallest price movement in most currency pairs. Typically, it is 0.0001 for most currencies, but for pairs involving the Japanese yen, it’s 0.01 due to their two-decimal pricing format.
• How does leverage function in trading?
  Leverage allows you to control a larger position with a smaller amount of capital, amplifying your market exposure. However, while it can increase potential returns, leverage also raises the risk of losing your capital.
• What does CFD stand for in trading?
  A Contract for Difference (CFD) allows you to speculate on the price movement of an asset without actually owning it. Whether the price moves up or down, you can potentially benefit (or lose) based on those movements. CFDs are available on a wide variety of markets, including Forex, stocks, indices, commodities, and cryptocurrencies.
• How does a Stop Loss order work?
  A Stop Loss is a type of order designed to limit your losses. It automatically closes your position if the market moves against you, either below the opening price for long positions or above the opening price for short positions.
• Can you explain Take Profit in trading?
  A Take Profit order automatically closes your position when the price reaches a predefined level of profit. For Buy positions, it’s set above the entry price, and for Sell positions, it’s set below. This ensures that you secure your gains when the market moves favorably.
• What is a Pending Order?
  A Pending Order is an order placed to buy or sell at a certain price level. The trade will only be executed if the market reaches that price and there is a corresponding buyer or seller.
• What is Crypto Trading?
  Crypto trading involves buying and selling cryptocurrencies such as Bitcoin, Ethereum, and Litecoin. Much like Forex trading, you can exchange one cryptocurrency for another or trade it against traditional currencies without needing to mine the coins.
• What does Physical Shares Trading mean?
  In physical shares trading, you buy real shares of a company, becoming a shareholder. Unlike CFDs, which allow you to trade based on price changes without owning the asset, physical shares give you direct ownership of the shares.
• How do I find the required trade size and margin for a position?
  To determine the required margin for your trade, select the asset you want to trade on the Trade page. After entering the desired trade volume, click on the info icon near the asset name to view the margin requirements.
• What are the trading hours for global markets?
  Global markets are open 24/5, meaning you can trade from Monday to Friday, excluding public holidays when the markets may be closed.
• How are the prices for trades determined?
  Our pricing data comes directly from our liquidity provider.
• What is the smallest trade I can place?
  The minimum trade size on the platform is 0.01 LOT, which is the smallest available position you can open.
• What is a swap in trading?
  A swap is the overnight interest applied to open positions that are held beyond the end of the trading day. The rate may vary depending on the instrument and market conditions.
• Where can I access more resources to learn about trading?
  At Bullfxo, you have access to comprehensive learning tools, including real-time data, advanced trading platforms, and an extensive information center. Our Video Trading Academy offers webinars and tutorials suitable for beginners, intermediate traders, and professionals alike.
• How can I add assets to my favorites?
  On the Trade page, click the star icon next to any asset to add it to your Favorites list. This will make it easier to access the asset in the future.
• Can you explain what a lot is in trading?
  In trading, a "lot" represents the size of your position. A standard lot consists of 100,000 units of the asset, but smaller lots are also available, such as:
  
  Mini lot: 10,000 units
  Micro lot: 1,000 units
  Nano lot: 100 units
• What is an ETF in trading?
  An Exchange Traded Fund (ETF) is a type of financial security that tracks the performance of assets such as indices, commodities, or bonds. ETFs are traded on stock exchanges like individual stocks, allowing investors to gain exposure to a diversified portfolio with one instrument.
• Where can I find my account balance?
  Your account balance is displayed at the bottom of the Trade page, alongside other key account details like equity, margin, and available funds.
• How can I access my trading activity history?
  To review your full history of trades, deposits, and withdrawals, simply navigate to the Trade History section on the platform. You can also check the Banking tab for current withdrawal statuses or reach out to Customer Support via Live Chat or email.
  
• What’s the process for closing a trade?
  To close a trade, go to the Open Trades section under the Trade tab. Select the trade you wish to close and click the “Close” button. Make sure the market is open by checking the info tab, as trades can only be closed when the market is active.