Frequently Asked Questions

Trading Pro provides a range of spot CFD (contract for difference) commodities, enabling traders to engage in price speculation for trading instruments without possessing the underlying assets. It's worth noting that orders executed on these instruments do not come with an expiry date.

In summary, Trading Pro offers the following tradable instruments:

Cryptocurrencies:

• CFDs on cryptocurrencies like Bitcoin, Ethereum, and more are available for trading 24/7, except during scheduled breaks and server maintenance hours. These CFDs are traded against the US dollar.

Forex:

• In the foreign exchange category, trading instruments always involve pairing a base currency with a quote currency (e.g., USD/GBP). This encompasses major, minor, and exotic currency pairs.

Commodities:

• This instrument category covers metals and natural gases. Traders can access precious metals like silver and gold, which are tradable against the US dollar.

Equities:

• Trading Pro offers CFDs on stocks from international stock markets, including well-known companies like AAPL (Apple Inc.), AMZN (Amazon), and more.

Indices:

• Popular indices such as US30 and US500, among others, are available for trading activity on Trading Pro's platform.

What is Forex? Forex, short for foreign exchange, refers to the practice of swapping one currency for another, typically for various purposes, such as trading, business, or tourism. Since currency values are constantly in flux, the amount you can get in your local currency for 1 US dollar today may differ from yesterday or tomorrow. These fluctuations in exchange rates can result in either profits or losses.

Illustrating Currency Exchange with an Example: Imagine a scenario where an individual visits a currency exchange to convert USD 100,000 into euros. If the exchange rate (USD/EUR) at that moment is 0.84000, they will acquire EUR 84,000. However, if the exchange rate later falls to 0.80000, exchanging the euros back into US dollars would yield USD 105,000. This results in a profit of USD 5,000 for the person.

Forex traders analyze economic and political conditions to predict market trends, enabling them to buy or sell currencies for potential profit. In the above example, the individual foresaw a decline in the exchange rate, leading them to sell their dollars and buy them back later when the rate had dropped, thereby generating a profit.

This is the essence of forex trading.

Trading Pro and CFDs: At Trading Pro, we offer Contract for Difference (CFD) instruments, allowing clients to speculate on the price difference of various currencies and assets in the market. Through leverage, clients can engage in substantial trades without physically owning the underlying assets.

Understanding the Forex Market: The forex market is the global arena for foreign exchange transactions, conducted electronically over-the-counter (OTC) through computer networks, connecting traders worldwide, as opposed to a centralized exchange.

Key Features of the Forex Market:

• The forex market boasts a daily trading volume exceeding USD 5 trillion, surpassing other financial markets like commodities, futures, and stock exchanges.
• Forex trading operates 24/5, from Monday to Friday, allowing for the continuous buying and selling of currencies by market-maker banks, brokerage firms (such as Trading Pro), independent brokers, investors, and traders.
• Currency quotes are in constant motion, influenced by various factors like economic indicators, interest rates, bank activities, time of day, and traders' preferences and expectations.
• Client transactions are executed using user-friendly trading platforms, such as MetaTrader 4 or MetaTrader 5, enabling traders to access real-time quotes from market participants like banks and market makers.

About Trading Pro: Trading Pro is a versatile broker offering high-quality trading services to a global clientele. It provides a convenient platform for conducting these transactions and consistently offers competitive spreads, making it a preferred choice for forex traders. 

Step 1: Login to the Client Area

First, you need to log in to the client area of the platform hosting the rating contest. 

Step 2: Navigate to the contest menu

Once you have successfully logged in, navigate to the contest menu. Usually, you can find it in the top navigation bar or in a drop-down menu under the "Contests" tab. Click on it to proceed.

Step 3: Select the Current Contest

You will find a list of ongoing contests in the contest menu. Look for the current contest you are participating in and click on it. 

Step 4: Scroll Down to the Listing

On the contest page, scroll down until you reach the listing section. This section typically displays the ranking and standings of all the participants. 

Step 5: Check Your Name in the Ranking

Within the listing, search for your name or username to locate your position in the ranking. 

Are you ready to put your trading skills to the test and compete against other traders? Participating in the Trading Pro Contest is a great way to showcase your abilities and potentially win exciting prizes.

Step 1: Log in to the Client Portal

To participate in the Trading Pro Contest, Log in to the client portal using your credentials. 

Step 2: Navigate to the Contest Menu

Once you have successfully logged in, you will find yourself in the client portal dashboard. Please be sure to look for the contest menu, which is usually prominent on the platform. 

Step 3: Select the Current Contest

Within the contest menu, you will see a list of available contests. Please look for the contest you'd like to participate in and click on it to access the details. 

Step 4: Click on the "Participate" Option

After selecting the desired contest, you will be presented with various options and buttons. Look for the "Participate" option and click on it to officially enter the competition. Some platforms may require additional information or confirmation before allowing you to participate, so make sure to follow any prompts or instructions that appear. 

Congratulations on starting your trading journey with Tradingpro. Once you’ve registeredand fully verified your account, it’s time to start trading. This article will guide you through the steps to initiate your trading experience with Tradingpro

1. Make a deposit 
2. Select a trading platform.
3. Add trading instruments
4. Calculate margin
5. Start trading 

• How to make a deposit:

  

1. Log in to your Client Portal
2. quick Links Deposit tab.
3. Select your preferred payment method. 
4. You can follow the following prompts to make your first time deposit.

• Select a trading platform:

We offer various trading platforms for your convenience.

These are the trading terminals we offer:

1. MetaTrader 4 Window
2. MetaTrader 5 Window
3. MetaTrader 4 Mac
4. MetaTrader 5 Mac
5. MT4/MT5 IOS
6. MT4/MT5 ANDROID
7. CTrader

• Add your preferred trading instruments

We offer a variety of trading instruments including Forex, Commodities, Stocks, and Indices. On your chosen trading platform, you can add the instruments you want to trade. 

With Tradingpro Terminal add instruments by searching for an instrument in the search bar, and then selecting the instrument to bring up its chart and start watching. 

• Calculate Margin

Margin is the reserved amount needed to open and maintain a leveraged trading position. To calculate the required margin for any instrument at any leverage, use the Trading Calculator. Read more on how to use the Trading Calculator.

• Start trading

You’re now ready to start trading. Here are brief steps to open and close a trade using the Tradingpro Terminal

Open and close a trade on Tradingpro Terminal 

To open:

1. On the chart of your chosen instrument, click Sell or Buy. 
2. Set the order volume by lots, currency, or units. 
   1. You can also set a pending order, take profit, and stop loss. 
3. Once done, click Confirm. 

To close:

1. Simply click the x icon on the order in the Portfolio tab.