Frequently Asked Questions

Find answers to common questions about our services

What is a Rookie account? (MT4)

Who would benefit most from a Rookie account?

The Rookie account is an account type that suitable to use by newbie traders, which providing them with the opportunity to engage in trading with smaller volumes and minimal trading units (cent lots). This account features the smallest minimum trading volumes, making it well-suited for experimenting with and testing various trading strategies. 

Account Details:

Minimum Initial Deposit : $ 1

Swap : Free

Floating Spread : From 0.0 pips

Maximum Leverage : 1:2000

Account Currency : USC

Major Currencies : USD, GBP, EUR, AUD, CAD, JPY 

Execution Type : Market Execution

Minimum Order Volume : 0.01

Minimum Step Volume : 0.01

Minimum Margin : 1

Maximum Order Volume : 100

Margin Call : 30%

Commission : $3/Lot

Trading Instrument : Forex & Commodities

Maximum Position : 100

Stop Out Level : 30% 


Last Updated: 4 months ago

Do your platforms accommodate Expert Advisors (EAs) or trading robots?

 You can utilize Expert Advisors (EAs) or trading robots on both the MT4 and MT5 platforms for your trading activities. 

Last Updated: 4 months ago

How to change leverage?

Leverage modifications are linked to your equity; as it climbs to a higher tier, the leverage automatically decreases. When your equity falls to a lower tier, the leverage will stay the same unless the client takes the initiative to request a change through the Client Portal. 

For Example: 

Client Deposit $100 the leverage he chooses is 1: 2000, then trade and reached $1000 in equity, the leverage will down to 1: 1000. Then he withdraws or loss his fund becomes $100, the leverage will remain at 1:1000 until he requests to change leverage at client portal.  

Leverage for all type of account


Leverage for precious metal and oil (all type of account) 


Leverage for index and crypto (all type of account)

 

Last Updated: 4 months ago

What is the minimum amount needed to trade?

To initiate trading with the lowest possible amount of funds, you have the option of selecting a Rookie account or Micro account with a deposit amount of USD 1. The Rookie account offers the smallest minimum trading volume, known as the cent lot, enabling you to easily commence trading across various instruments.

Alternatively, you can commence trading with virtual funds by creating a demo account. This option is cost-free and serves as a valuable practice tool for aspiring traders. 

Last Updated: 4 months ago

How can I know how much margin needed for the open a position?

  1.  To determine the required margin for opening a position, utilize the trading calculator available in the client area. 
  2. Access the trader's menu and click on the trading calculator to assess the margin necessary for initiating a position. 
  3. EXAMPLE;
Last Updated: 4 months ago

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The TradingPRO International (PTY) LTD (Registration number 2014​/202132​/07) is a Financial Services Provider authorised and regulated by the Financial Sector Conduct Authority (FSCA) of South Africa under the licence number FSP No. 49624. The registered address is at Office 106 1st Floor Pharos House 70 Buckingham Terrace Westville Kwa-Zulu Natal 3630

TradingPRO International Limited (Registration number 208079 GBC) is a Global Business Licence under Section 72 of the Financial Services Act 2001 and an Investment Dealer (Full Service Dealer, excluding Underwriting) Licence under Section 29 of the Securities Act 2005 authorised and regulated by Financial Services Commission, Mauritius under license number GB23202513. The registered address is at 3rd Standard Chartered Tower, Cybercity, Ebene 72201, Mauritius.

Information: Clients who are interested in registering must be at least 18 years of age and above to use the TradingPRO service. For traders who want to start trading, one must know and understand the risks involved, if not including possibilities for you to experience losses ahead. One must be cautious when using the currency market. Traders are encouraged to use the margin to assess the level of ones ability.

Risk Warning: Any information or element made for publication purposes, copying, or reproduction shall be obtained only in writing from TradingPRO. Kindly note that forex trading and trading in other leveraged products involve a significant level of risk and are not suitable for all investors. Trading with financial instruments may result in profits as well as losses, and your losses can be greater than your initial invested capital. Before undertaking any such transactions, you should ensure that you fully understand the risks involved and seek independent advice if necessary.

This information is not directed nor intended for distribution to or use by residents of certain countries including, but not limited to, Australia, Belgium, France, Iran, Japan, North Korea, and the USA. The Company does not offer its services to residents of certain countries including, but not limited to, Australia, Belgium, France, Iran, Japan, North Korea, and the USA. The Company holds the right to alter the above lists of countries at its discretion.


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