FAQ
What is FX+ ?
FX+ is a platform that is searching and hiring traders from around the world. We unite their trading strategies on and give a chance to copy the trades to clients’ brokerage account automatically.
Does FX+ work for me?
FX+ is exactly what you need if you want to diversify your investments by distributing them between various trading strategies while being aware of the risks of margin trading.
What do I need to start working?
We suggest you to open a brokerage account and link it to the FX+ platform, while you’re choosing the most successful strategy providers or testing them on your demo account. As soon as you choose strategy providers, you can get started.
Should I open my account with provided brokers?
Yes, you should. FX+ is an introducing broker of these companies. You need to open a new live trading account at one of the represented brokers. In some cases you can move your current account to our IB group, in others you will need to open an additional account at a broker (a sub-account) and transfer money from your current account there. You also can connect accounts at different brokers.
What does the service cost?
A small mark-up (typically 1 pip on major pairs, detail here) is added to the broker’s standard conditions. In some cases a monthly fee can be added.
How does your company earn?
We get commissions of your trades from partnered brokers. These commissions are made up of the mark-ups added to the spreads (typically 1 pip on the major pairs, detail here) and, in some cases, of the rebates granted by the brokers.
Why do strategy providers share their trades?
Strategy providers’ services are paid at the expense of spreads and/or commissions that we get from brokers. The more profitable trades are concluded, the more a strategy provider earns.
What’s the amount of minimum deposit?
The minimum deposit for account connection is CHF 1000 (or any other currency equivalent). However, the investment sum depends on trading strategies that you want to connect to. Every trading strategy offers its recommended minimum you are to pay attention to.
Can I carry out trades on my account in parallel ?
Yes, you can. You control all the trades that you open manually. All the trades that come in the FX+ automatic mode are supported.
I still have some questions. How to ask?
Please contact us using the contact form.
Trading foreign exchange (« Forex »), Commodity futures, options, CFDs and SpreadBetting on margin carries a high level of risk, and may not be suitable for all investors. Before deciding to trade foreign exchange (« Forex »), Commodity futures, options, CFDs or SpreadBetting you should carefully consider your monetary objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your deposited funds and therefore you should not speculate with capital that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange, Commodity futures, options, CFDs and SpreadBetting trading, and seek advice from an independent advisor if you have any doubts. Past returns are not indicative of future results.
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