FAQs
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All Questions
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General Questions
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FOREX.com Desktop Platform
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WebTrader
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FOREX.com Mobile App
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MetaTrader 5
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MT5 Web
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MetaTrader 5 Mobile App
General Questions
If I do not have sufficient margin, what will happen to my trades?
If you do not have enough margin on your account, your positions will be closed (also known as liquidation). Liquidations occur if the Net Equity falls to or below 50% of the Margin Requirement and/or if your Margin Indicator falls to or below 50%.
In this instance, all positions will be liquidated.
What are the system requirements to download the FOREX.com desktop download platform?
- Operating System: Windows 7 or newer
- RAM: 2GB RAM DDR3 PC3-12800 (1600 MHz) or better
- Processor: Intel Core i3-4130 @ 3.4 GHz or better
- Storage: 200MB free space
- Framework: Microsoft Framework 4.0 with service packs
- Internet Explorer v6.x or higher, Firefox v1.x or higher
- .NET 2.0 Framework
What are the system requirements to download the MetaTrader platform?
- Operating system: Windows XP or more recent
- Screen resolution: Minimum of 1024x768
- Internet: Connection speed of 36.6 Kbps or faster
How do I trade over the phone with Customer Support?
Phone trading is available to customers during market hours. To place a trade via phone call, please contact Customer Support.
Phone Trading Instructions:
- State your Account Number. You will be asked to verify the name on the account and answer other security questions.
- Ask for the current price. For example, "I would like a price on EUR/USD."
- Our customer support will provide the current bid/offer. For example, "EUR/USD is trading at 1.28551/562." The first number will be the sell price (BID), and the second number will be the buy price (ASK). As the market is constantly fluctuating, we will generally provide you an approximation and indicate which price is the sell and which price is the buy.
- If you wish to place a market order, state your interest. "I would like to sell 50,000 units for EUR/USD at the market."
- Our customer support will provide verbal confirmation of the trade prior to execution. Your trade will be entered on your behalf and the trade will appear in the trading platform immediately.
- If you do not wish to deal at the quoted levels, simply state so.
- You may also request that a stop or take profit order be placed on your behalf. Be sure to indicate the type of order and the price at which you would like the stop loss or take profit to be set at.
All trades executed via the phone by a registered customer support representative are subject to a pre-deal margin availability check and will be manually entered into the customer's account for integrated Profit & Loss analysis and reporting.
All phone orders will be recorded to ensure fairness and accuracy for all parties involved.
I have a Mac. How can I trade with my account?
What is the difference between FOREX.com platform and MetaTrader platform?
The MetaTrader 5 platform is a third-party platform developed by MetaQuotes; although, our MetaTrader 5 platform delivers integrated pattern recognition software and other trading tools. It also offers currencies, shares, indices, metals and commodities for trading across thousands of markets. The platform also allows clients to load third party software, like custom indicators and Expert Advisors, to assist with trading.
For a more detailed comparison, you can review our Trading Platform Comparison table.
FOREX.com Desktop Platform
How do I download FOREX.com's desktop trading platform?
How do I access my account statements and reports?
Why do I receive an "Authorisation Failed" message when trying to log in?
What is price tolerance and how do I update it?
Markets where price tolerance applies will have default tolerance levels set, but they may be altered by the client on the trading platform. The default price tolerance on the platform is set to "2".
If you do not want any slippage in execution price, you can manually set your price tolerance level to '0' for each market. This will mean that if we receive a trade request and the price is different, the trade will be rejected and a new trade must be requested.
To adjust this, click on the "i" icon, which is the Key Market Information sheet, lined with the specific market in the Watchlist window in the FOREX.com platform. A new window will open where you can expand "Preferences" by clicking on the "+" symbol to alter your price tolerance.
If you do not see the "i" icon, right click on any column header in your Watchlist window, then check off "Key Market Information." An "i" will appear next to every market.
What order types are available on the FOREX.com desktop platform?
A market order is an order to buy or sell at the best available market price within your pre-set price tolerance range (also known as a trade). If a price cannot be met within the tolerance range, the order will be requoted.
Entry Order
An entry order is an order to buy or sell when the market hits a specified price.
Stop Order
A stop order is an instruction to place a trade at a pre-defined price that is worse than the price at the time of placing the order. When the pre-defined price is reached, the stop order is filled at the best available price at that moment.
Remember that stop orders do not guarantee your execution price – a stop order is filled at the best price once triggered.
Stop Loss Order
A stop loss order is an order attached to a trade, with an instruction to close the trade at a pre-defined price that is worse than the price at the time of placing the order. When the pre-defined price is reached, the stop loss order is filled at the best available price at that moment.
Remember that stop loss orders do not guarantee your execution price – a stop loss order is filled at the best price once triggered.
Limit Order
A limit order is an order to place a trade at a pre-defined price that is better than the price at the time of placing the order. When the pre-defined price is reached, the limit order is filled at the specified price or better.
One Cancels Other (OCO)
An OCO is a set of two orders. When one order is filled, the other is cancelled.
Guaranteed Stop Loss Order
Guaranteed stop loss orders work in the same way as standard stop loss orders except that they guarantee to close your position at the exact trigger price you set, regardless of volatility or gapping.
There is an additional charge for placing a GSLO (known as a GSLO premium). GSLOs are not available on all markets, and information on charges and available markets can be found within the Key Market Information sheet on the FOREX.com desktop platform.
Trailing Stop Loss Order
A trailing stop loss is created by setting up a stop order that ‘trails’ your position by a specific number of points. If your trade moves in the direction you predicted, the trailing stop loss moves with the market, in the same direction as your potential profit and will only be executed when the market moves against you by the set number of points."
How do I partially close an option position?
You can also close the open position through the "Open Positions" window. There will be a black button with the word "Close" in white text. By clicking on this button for the specific open position you are attempting to close, it will open a small window for you to review. Simply type in the quantity that you are looking to partially close for that position and click on Submit. If "1-Click Trading" is turned ON at the top right of the platform, the entire position will automatically close when you click on the "Close" button with now window to review the trade prior to closing.
How do I close a position?
You can close an open position through the "Open Positions" window. There will be a black button with the word "Close" in white text. By clicking on this button for the specific open position you are attempting to close, it will open a deal ticket for you to review and close your position. If "1-Click Trading" is turned ON at the top right of the platform, the position will automatically close when you click on the "Close" button with no window to review the trade prior to closing.
You may also close an open position by entering a trade (of the same size) in the opposite direction of your existing position. Make sure to review the entire trade ticket before submitting as there is a check box next to the direction input for "Hedge". If the "Hedge" box is checked, it will NOT close the position, but execute the position in the opposite direction as a hedge trade.
If I close my platform, will my layout and chart templates automatically save?
Why did my order execute when the chart shows the price did not reach my order yet?
If you have an open buy position or a pending sell order, you will need to monitor the BID chart.
If you have an open sell position or a pending buy order, you will need to monitor the ASK chart.
How do I set up price alerts?
If you would like to place the alert at a specific rate from the chart, you can right click on the chart and it will provide you the same bell icon labelled as "Set Alert".
Once selected, you will find an alert window for you to modify Direction, Alert Price, Good Till (how long you would like to monitor this alert for), and Sound. Then click Submit.
To review all active alerts, go to the Alerts tab across the top and select "Price Alerts".
In addition, setting a price alert on one FOREX.com platform will extend to all FOREX.com platforms.
Is there a maximum deal size or maximum order size on the FOREX.com/Advantage Trader Pro desktop platform?
More information on specifications for specific markets can be found through the platform's Key Market Information section.
You can access Key Market Information directly on the platform. There is an "i" icon for each market. By clicking on this icon, you will be able to view margin, financing charge, minimum spread, hours, dealing information, orders, and preferences.
When an unassociated order in the opposite direction of existing position(s) is filled, how do my positions close?
Unassociated pending orders will be executed per First In First Out (FIFO). Therefore, if you have a pending order in the opposite direct of an existing position, it will close the first trade entered depending on the trade details of the pending order.
If the unassociated pending order has Hedging turned ON, then the order will execute at the price in the opposite direction of the existing position.
How do I hedge my positions?
For example, if you have an open sell position for 10,000 units in EUR/USD and you would like to hedge a quantity of 5,000 units, you would launch a new EUR/USD deal ticket and input buy as Direction for a Quantity of 5,000. To place this trade independently from your original 10,000 units position, you will need to tick the Hedge box, which will be located next to "Direction: Buy". Then place the trade. Please note if you do not tick the Hedge box, this will effectively close 5,000 units of your original short position. After you have submitted the hedged ticket, you will then have two positions open in EUR/USD market: one buy position for 5,000 units and one sell position for 10,000 units, meaning you are now net short 5,000 in total. You can also close either position independently at any time.
You must also be aware that if you have amalgamated positions turned on, this will show the net figures for the total trades placed (i.e. inclusive of all shorts or longs in a specific market). To see individual positions, you need to expand the amalgamated position or switch to single positions.
How can I see more information about a market before placing a trade?
Does FOREX.com's desktop platform support backtesting?
Can my positions be aggregated?
How many charts can I have open on my FOREX.com desktop platform?
WebTrader
What browsers are supported?
Web Trader is supported on all modern browsers. Chrome 56 (and newer versions) is recommended for our platform, but it will work on Internet Explorer and Mozilla Firefox 52. You don't need to have Flash to access our Web Trader platform.
How current is the information on Web Trader?
The web platform uses real-time data.
How do I access my account statements and reports?
You can also view more reports by clicking on the three dots of your workspace, select the "+" for History.
How do I add a Stop Loss or Limit associated order to a position I hold?
You may also access the Amend Position window by clicking on the down arrow for the open position and selecting "Amend Position".
What is price tolerance and how do I update it?
Markets where price tolerance applies will have default tolerance levels set, but they may be altered by the client on the trading platform. The default price tolerance on the platform is set to "2".
If you do not want any slippage in execution price, you can manually set your price tolerance level to '0' for each market. This will mean that if we receive a trade request and the price is different, the trade will be rejected and a new trade must be requested.
To adjust this, search for the market you would like to adjust the price tolerance for. Then select the down arrow button and click on Market 360. A new tab will open displaying the chart and market information for that specific market. Click on the "+" for Preferences to find the option to adjust your price tolerance.
How do I hedge my positions?
For example, if you have an open sell position for 10,000 units in EUR/USD and you would like to hedge a quantity of 5,000 units, you would launch a new EUR/USD deal ticket and input buy as Direction for a Quantity of 5,000. To place this trade independently from your original 10,000 units position, you will need to tick the Hedge box, which will be located next to "Direction: Buy". Then place the trade. Please note if you do not tick the Hedge box, this will effectively close 5,000 units of your original short position. After you have submitted the hedged ticket, you will then have two positions open in EUR/USD market: one buy position for 5,000 units and one sell position for 10,000 units, meaning you are now net short 5,000 in total. You can also close either position independently at any time.
You must also be aware that if you have amalgamated positions turned on, this will show the net figures for the total trades placed (i.e. inclusive of all shorts or longs in a specific market). To see individual positions, you need to expand the amalgamated position or switch to single positions.
How do I find more information about a market?
You can access the Market 360 for a specific market by clicking on the down arrow for the market after you have searched for it. Through the Market 360, you will be able to view margin, financing charge, minimum spread, hours, dealing information, orders, and preferences.
What is the minimum trade size and maximum trade size?
The maximum order size varies by market. You can view market's minimum and maximum deal sizes in the WebTrader's Market 360, which can be opened for a specific market, or the Trade Ticket.
More information on specifications for specific markets can be found through the WebTrader's Market 360 section.
You can access the Market 360 for a specific market by clicking on the down arrow for the market after you have searched for it. Through the Market 360, you will be able to view margin, financing charge, minimum spread, hours, dealing information, orders, and preferences.
Why did my order execute when the chart shows the price did not reach my order yet?
If you have an open buy position or a pending sell order, you will need to monitor the BID chart.
If you have an open sell position or a pending buy order, you will need to monitor the ASK chart.
Can I manage my funds on WebTrader
You can add funds from an existing funding method through the WebTrader platform by clicking on the person icon at the top right and selecting "Account Funding".
To add funds from a pre-existing funding method, select Add Funds.
To withdraw funds, click on Withdraw Funds.
To add a new payment method, select Add Payment Method.
If these options do not work or if it is not allowing you to perform what you intended, please log into the MyAccount page from our website and proceed to the Funding tab.
If I log out of WebTrader, will it save my layout and chart templates?
How do I compare markets on the same chart?
How do I log out of WebTrader?
What features does WebTrader have?
The web platform features:
- Advanced charting tools
- Drag-and-drop order editing
- +50 indicators
- Market comparisons
- Saved layouts
- Integrated analysis & calendar
- Account management
How do I set up price alerts?
There are many ways to set price alerts through the WebTrader platform:
1.) You can search the market in "Search markets" and click on the down arrow of the market you are looking to set a price alert for. Then click on "Set Price Alert" and a window will open up asking what is the Alert price you would like to set and how long the alert will last.
2.) You can click on the Buy/Sell option in the down arrow menu after searching the market. As long as 1-Click Trading is OFF, you will be provided with the Trade Ticket. Across the top of the Trade Ticket, you will see Trade, Order, and Set Alert. Click on Set Alert and the window will change to ask you what is the Alert price you would like to set and how long the alert will last.
3.) You can open the Positions window and click on the down arrow for your open position and either click on "Set Price Alert" or "Buy Trade" or "Sell Trade" (as long as 1-Click Trading is OFF).
To review the alerts that you have set, click on the three dots in the tab of your workspace and select "Price Alerts".
In addition, setting a price alert on one FOREX.com platform will extend to all FOREX.com platforms.
Is WebTrader secure?
When an order in the opposite direction of my existing position(s) is filled, how are my positions closed?
Unassociated pending orders will be executed per First In First Out (FIFO). Therefore, if you have a pending order in the opposite direct of an existing position, it will close the first trade entered depending on the trade details of the pending order.
If the unassociated pending order has the Hedge box checked, then the order will execute at the price in the opposite direction of the existing position.
How do I change my layout?
How many workspaces can I have open?
Can I have multiple charts open for the same market with different time frames?
How do I add a market to my Watchlist?
Find the market you are looking to add to your watch list by typing in the specific market into Search markets. Then, click on the "+" symbol on the far right and select which Watchlist you would like to add that market to.
If you do not see your Watchlist on your workspace, select the three dots in the workspace tab and select the "+" for "Watchlist".
Additionally, you can also add markets to your Watchlist through the "Watchlist" window. To do so, you will need to click on "Add to watchlist" on the right side lined with the specific Watchlist you are trying to add markets to. Then type in the market that you are looking to add to that specific watchlist and click on it through the list that will populate.
You can remove a market from the watchlist by first opening the Watchlist that market is in. Then click on the down arrow for that market and select "Remove from watch list".
FOREX.com Mobile App
What security features are in place to protect my account information?
We use sophisticated encryption technology to ensure the highest level of account security.
How do I download the FOREX.com app on my device?
To download the FOREX.com app on your iOS or Android device, search for FOREX.com in your app store or use the links below:
- Download FOREX.com iPhone app
- Download FOREX.com Android app
What is price tolerance and how do I update it?
Markets where price tolerance applies will have default tolerance levels set, but they may be altered by the client on the trading platform. The default price tolerance on the platform is set to "2".
If you do not want any slippage in execution price, you can manually set your price tolerance level to '0' for each market. This will mean that if we receive a trade request and the price is different, the trade will be rejected and a new trade must be requested.
To adjust this, search for and select the market you would like to adjust the price tolerance for. When you see the details of the specific market you chose, select "Market Info". Press on the "+" for Preferences to find the option to adjust your price tolerance.
What is the minimum trade size and maximum trade size?
The maximum order size varies by market. You can view market's minimum and maximum deal sizes in its Market Info or the Trade Ticket.
More information on specifications for specific markets can be found through the market's Market Info section.
You can access it by searching and selecting the specific market you are trying to get a better understanding of in the Watchlist section or Browse/Search sections. Then select "Market Info", where you will be able to view margin, financing charge, minimum spread, hours, dealing information, orders, and preferences.
Do I have to have an account to use FOREX.com Mobile?
Why did my order execute when the chart shows the price did not reach my order yet?
If you have an open buy position or a pending sell order, you will need to monitor the BID chart.
If you have an open sell position or a pending buy order, you will need to monitor the ASK chart.
How do I find more information about a market?
You can access it by searching and selecting the specific market you are trying to get a better understanding of in the Watchlist section or Browse/Search sections. Then select "Market Info", where you will be able to view margin, financing charge, minimum spread, hours, dealing information, orders, and preferences.
Can I make deposits & withdrawals through FOREX.com Mobile?
Ultimately, if you are unable to perform what you intended through the mobile application, you can access the MyAccount page from our website through an Internet Browser on your phone.
Can I view a history of my triggered alerts?
How can I see more than one chart on the mobile application?
How do I set up price alerts?
On the iPhone mobile application, there are two ways to set an Alert:
1.) Find the market that you are looking to set an Alert for by going to the Watchlist icon at the bottom of the app. If the market you are looking for does not appear in the Popular Markets, select the "+" at the top left next to Watchlist and search through there. Once you have selected the market you are looking to set an Alert for, the mobile app will show you Details, Alert, News, and Market Info. Select Alert and input the Alert Price you are looking to receive an alert for and how long the alert will last. Once you have completed the inputs, select "Set Alert".
2.) Go to the the "More" icon on the bottom right of the app and select "Alerts" under "My Trades". There, you will be able to select "Add Price Alert" and search for the market you are looking to place an Alert for.
To review all active alerts on an iPhone, go to the More icon at the bottom right and select "Alerts" under "My Trades".
On the Android mobile application, you can access the Watchlist section, the Search and Browse section, and the Alerts section through the main menu button at the top left.
After accessing the specific sections, the instructions to set the Alert are the same as the iPhone.
To review all active alerts on an Android, go to the main menu button at the top left and select "Alerts" under "My Trading".
In addition, setting a price alert on one FOREX.com platform will extend to all FOREX.com platforms.
Can I see my trade history?
Android: Select the main menu button at the top left and scroll to "My Trading History" and select "History".
What alerts are available on the mobile apps?
You can choose to receive:
- Price-based alerts via email and push notification
- Order alerts via push notification
When an order in the opposite direction of my existing position(s) is filled, how are my positions closed?
Unassociated pending orders will be executed per First In First Out (FIFO). Therefore, if you have a pending order in the opposite direct of an existing position, it will close the first trade entered depending on the trade details of the pending order.
If the unassociated pending order has the Hedge box checked, then the order will execute at the price in the opposite direction of the existing position.
How do I change the price type of the chart?
What can I do with my mobile app?
How current is the information on the mobile app?
How do I hedge my positions?
For example, if you have an open sell position for 10,000 units in EUR/USD and you would like to hedge a quantity of 5,000 units, you would launch a new EUR/USD deal ticket and input buy as Direction for a Quantity of 5,000. To place this trade independently from your original 10,000 units position, you will need to tick the Hedge box, which will be located next to "Direction: Buy". Then place the trade. Please note if you do not tick the Hedge box, this will effectively close 5,000 units of your original short position. After you have submitted the hedged ticket, you will then have two positions open in EUR/USD market: one buy position for 5,000 units and one sell position for 10,000 units, meaning you are now net short 5,000 in total. You can also close either position independently at any time.
You must also be aware that if you have amalgamated positions turned on, this will show the net figures for the total trades placed (i.e. inclusive of all shorts or longs in a specific market). To see individual positions, you need to expand the amalgamated position or switch to single positions.
MetaTrader 5
How do I set up an Investor Password for my MetaTrader account?
How do I download MetaTrader 5?
Click here to download the FOREX.com MetaTrader 5 platform.
Please remove any previous versions of the MetaTrader software from your PC prior to installation in order to ensure proper function of the platform.
What trade execution modes are support on MetaTrader 5?
The MetaTrader 5 platform supports the following execution modes. This section should be read in conjunction with the Trade and Order Execution Policy.
Market orders
Market orders are executed at the best available price at the time the order is received.
Gapping/Volatility
When economic data releases or major news events are announced, prices may “gap” as the market reacts and adjusts to the news–i.e. prices may move dramatically in one direction. We always aim to provide liquidity, but in extreme market conditions there may be no available liquidity for a very short period. Gap market conditions are also common when trading resumes after a weekend or holiday. You should be aware of the following risks associated with volatile markets:
Stop and limit orders may be executed at a different price from the requested price, or the last quoted trade price at the time of order entry. Orders may be partially executed or may be executed in several stages at different prices.
Opening prices may differ significantly from the previous day’s close.
Slippage
Our quoted prices are executable the majority of the time. In fast moving markets, orders may be executed at a price which has ceased to be the best market price. Limit order will always be filled at the price asked or better.
Execution Sources
Our foreign exchange, gold, and silver price quotes are generally derived from prices provided to us by selected top-tier global banks in the wholesale foreign exchange, gold and silver markets which we believe will provide the best available prices to you on a consistent basis.
How do I qualify for EA Hosting at FOREX.com?
The requirement to maintain your EA Hosting are the following:
- Minimum balance of 5,000 units of base currency
- Notional trading volume of 500,000 per calendar month
We will re-evaluate your eligibility at the end of each calendar month. A fee of 30 units of base currency will be debited from your trading account if you do not meet the minimum eligibility requirement to cover the EA Hosting Service.
EA Hosting is provided by Liquidity Connect.
For more information, you may click here.
If I do not have sufficient margin, how will my trades be liquidated?
When Stop outs are processed automatically by the server (not by a plugin or a manager), then orders and positions are forcedly closed on an account in the following order:
• The server analyses the client’s pending orders that are not under execution at the moment.
• It deletes a pending order with the largest margin reserved.
• If Equity (or Margin level, depending on how the SO level is determined) is still under the Stop out level, the next order is deleted. Orders without a reserved margin (no margin requirements) are not deleted.
• If Equity (or Margin level) is still under the Stop out level, the server closes a position with the largest loss. If all of the positions are profitable, the position with the lowest profit is closed (excluding swaps and commissions).
• Positions are closed until Equity (or Margin level) becomes higher than the Stop out level.
How do I open a MetaTrader 5 demo account from the platform?
How do I view my MetaTrader 5 account reports and account history?
Trade History can be viewed through Toolbox > History.
How can I roll my futures position?
Specifications, including expiry dates, can be found in Terminal > Company > Support > CFD Product Details.
How do I add markets to my Market Watch?
To add a market, type in the market's name into the row after the last market in the Market Watch list.
You can remove specific symbols by right-clicking on the symbol and selecting "Hide".
If you would like to modify your Market Watch, you can right-click on any symbol within the Market Watch and select "Symbols" and scroll through each folder to choose which symbols you would like shown or hidden.
If you do not see the Market Watch, go to "View" > "Market Watch" and it will open on the platform.
I am logged in. How come I do not see my balance?
If you do not see a balance in your trading account after logging in, you may not be successfully logged in.
To double check, check the bottom right corner of the MetaTrader platform to see if you receive either of these error messages: "No connection" or "Invalid Account". If yes, then you are not successfully logged in.
If you are unsure as to what the password is, you will need to reset it through the Forgot Password? link on our website's "Login" page.
What is the server for my account?
What are Expert Advisors?
Please note that MetaTrader 5 allows you to run more than one Expert Advisor simultaneously.
How do I partially close a position on MetaTrader 5?
When an order in the opposite direction of my existing position(s) is filled, how are my positions closed?
What are my options for closing positions?
How are unassociated pending orders executed on MetaTrader 5?
If the unassociated pending order has the Hedge box checked, then the order will execute at the price in the opposite direction of the existing position.
Where can I find the overnight financing charges?
The information is ordered by products in alphabetical order with the charges for long positions and short positions. The information displayed is calculated and provided to us by our liquidity providers.
I cannot see my terminal anymore. Where can I see my open positions?
If you do not see the terminal on your platform, first make sure that it is open by going to "View" > "Toolbox". If the toolbox is already on the platform, the icon for it in "View" will look like it's been selected.
If the icon indicates that the toolbox is already on the platform, your account details, balance and positions will be available to view.
What is the minimum trade size and maximum trade size?
The minimum trade size is 1 micro lot (0.01 lots) and the maximum trade size is 50 standard lots.
The maximum order size varies by market. You can view market's minimum and maximum deal sizes in the WebTrader's Market 360, which can be opened for a specific market, or the Trade Ticket.
More information on specifications for specific markets can be found through the WebTrader's Market 360 section.
You can access the Market 360 for a specific market by clicking on the down arrow for the market after you have searched for it. Through the Market 360, you will be able to view margin, financing charge, minimum spread, hours, dealing information, orders, and preferences.
Does MetaTrader 5 adhere to the First In First Out (FIFO) policy?
How do I hedge my positions?
How do I set up rate alerts in MetaTrader 5?
You will need to obtain your MetaQuotes ID through the MetaTrader 5 mobile app. To do this, you must download one of the MetaTrader 5 mobile apps to your iPhone, Android or Windows phone. Once downloaded, open the app and log in.
Through an iPhone, you can access the MetaQuotes ID by going to Settings > Chat and Messages. It will be located at the bottom of the screen.
Through an Android or Windows phone, you can access the MetaQuotes ID by going to the main menu button at the top right, selecting Settings. You will need to scroll to Messages and then you will find your MetaQuotes ID at the bottom of the platform.
Once you have obtained your MetaQuotes ID, go to the MetaTrader 5 desktop download platform. Proceed to Tools > Options > Notifications and enter your MetaQuotes ID, check the box “Enable Push Notifications” and click OK. Click on the Alerts tab and right-click to pull up the options menu.
To create a new alert, click Create, enter your specifications, and choose "Notifications" as your delivery method within the "Actions" section. You will then receive your rate alert as a push notification to your mobile device.
Alerts can only be set if you have a MetaTrader 5 desktop download platform and the MetaTrader 5 mobile app downloaded. Setting up an alert will allow you to receive push notifications from your desktop download platform and your mobile app.
MT5 Web
How do I view my MetaTrader 5 account reports and account history?
To modify what you would like to see, right-click in the space above the Account History tab to find more options on specific date ranges you would like to see.
Customer Statements can also be generated and saved by right-clicking in the space above the Account History tab, selecting "Custom Period..." and then right-clicking again in the space above the Account History tab and selecting "Save as Report".
Can I access MT5 via web browser?
You may access the MT5 Web here.
What is the minimum trade size and maximum trade size?
The maximum order size varies by market. You can view market's minimum and maximum deal sizes in the WebTrader's Market 360, which can be opened for a specific market, or the Trade Ticket.
More information on specifications for specific markets can be found through the WebTrader's Market 360 section.
You can access the Market 360 for a specific market by clicking on the down arrow for the market after you have searched for it. Through the Market 360, you will be able to view margin, financing charge, minimum spread, hours, dealing information, orders, and preferences.
How do I hedge my positions?
How do I use Expert Advisors in MetaTrader 5?
Where can I find the overnight financing charges?
How do I add markets to my Market Watch?
You can remove specific symbols by right-clicking on the symbol and selecting "Hide".
If you would like to modify your Market Watch, you can right-click on any symbol within the Market Watch and select "Symbols" and scroll through each folder to choose which symbols you would like shown or hidden.
If you do not see the Market Watch, go to "View" > "Market Watch" and it will open on the platform.
What trade execution modes are supported on MT5 Web?
Market orders
Market orders are executed at the best available price at the time the order is received.
Gapping/Volatility
When economic data releases or major news events are announced, prices may “gap” as the market reacts and adjusts to the news–i.e. prices may move dramatically in one direction. We always aim to provide liquidity, but in extreme market conditions there may be no available liquidity for a very short period. Gap market conditions are also common when trading resumes after a weekend or holiday. You should be aware of the following risks associated with volatile markets:
Stop and limit orders may be executed at a different price from the requested price, or the last quoted trade price at the time of order entry. Orders may be partially executed or may be executed in several stages at different prices.
Opening prices may differ significantly from the previous day’s close.
Slippage
Our quoted prices are executable the majority of the time. In fast moving markets, orders may be executed at a price which has ceased to be the best market price. Limit order will always be filled at the price asked or better.
Execution Sources
Our foreign exchange, gold, and silver price quotes are generally derived from prices provided to us by selected top-tier global banks in the wholesale foreign exchange, gold and silver markets which we believe will provide the best available prices to you on a consistent basis.
How do I set up rate alerts in MT5 Web?
When an order in the opposite direction of my existing position(s) is filled, how are my positions closed?
Unassociated pending orders will be executed per First In First Out (FIFO). Therefore, if you have a pending order in the opposite direct of an existing position, it will close the first trade entered depending on the trade details of the pending order.
If the unassociated pending order has the Hedge box checked, then the order will execute at the price in the opposite direction of the existing position.
How do I partially close a position on the MetaTrader 5?
First, make sure that One Click Trading is turned off by going to "Options" and make sure there is no check next to One Click Trading.
Once this is off, go to the open position that you would like to partially close in the Trade tab of your Terminal. You may either right-click on the position to select "Close Order" or double click on the position to open the Trade Ticket.
If you would like to keep One Click Trading on, do not right-click and select "Close Order". Remember to double click on the position to open the Trade Ticket.
With the Trade Ticket open, you can adjust the Volume to however much you would like to close. Then click on the yellow "Close ---" button. The information following the word "Close" should read the Order ID #, the direction of the existing position, the volume that you are looking to close, and the symbol that you are closing followed by the words "by Market".
If you modify the Trade Ticket and click on either "Sell by Market" or "Buy by Market", it will open a new trade.
MetaTrader 5 Mobile App
How do I download the MetaTrader 5 Mobile App?
You can download MetaTrader 5 on your smart phone by visiting the Apple App Store or Google Play Store.
What is the minimum trade size and maximum trade size?
The minimum trade size is 1 micro lot (0.01 lots) and the maximum trade size is 50 standard lots.
The maximum order size varies by market. You can view market's minimum and maximum deal sizes in the WebTrader's Market 360, which can be opened for a specific market, or the Trade Ticket.
More information on specifications for specific markets can be found through the WebTrader's Market 360 section.
You can access the Market 360 for a specific market by clicking on the down arrow for the market after you have searched for it. Through the Market 360, you will be able to view margin, financing charge, minimum spread, hours, dealing information, orders, and preferences.
Do I have to have an account to use MetaTrader 5 Mobile App
iPhone
If you are attempting your login to the MetaTrader 5 application on your iPhone, please select the icon labeled “Settings”. Then proceed by selecting “New Account”. Once you have reached the search page for “Servers”/“Brokers”, type in “FOREX.com”. First, you will need to select “Gain Global markets, Inc.” with “FOREX.com Global”. Then it will ask you to select a “Server” under “USE EXISTING ACCOUNT”.
Select the right-pointing arrow and it will provide you two options:
“FOREX.comGlobal-Demo 531” and “FOREX.comGlobal-Live 532”.
Once you have found and selected your server, you will need to input your username as the “Login”, which is also your account number, and the password you have set for the account.
Android
If you are attempting your login to the MetaTrader 5 application on your Android, please select the menu button at the top left corner of your application, where you will then select “Manage Accounts” > “+” > “Login to Existing account”. Once you have selected that, the application will bring you to the search page for “Servers”/“Brokers”, type in “FOREX.com”. First, you will need to select “Gain Global markets, Inc.” with “FOREX.com Global”.
Then it will ask you to select a “Server” under “USE EXISTING ACCOUNT”. Select the right-pointing arrow and it will provide you two options:
“FOREX.comGlobal-Demo 531” and “FOREX.comGlobal-Live 532”.
Once you have found and selected your server, you will need to input your username as the “Login”, which is also your account number, and the password you have set for the account.
When an order in the opposite direction of my existing position(s) is filled, how are my positions closed?
What are my options for closing positions?
How do I partially close a position on the MetaTrader 5 Mobile App?
Can I view a history of my triggered alerts?
Can I see my trade history?
How do I put an Expert Advisor on the MetaTrader 5 Mobile App?
How do I log into the MetaTrader 5 Mobile App
iPhone
If you are attempting your login to the MetaTrader 5 application on your iPhone, please select the icon labelled “Settings”. Then proceed by selecting “New Account”. Once you have reached the search page for “Servers”/“Brokers”, type in “FOREX.com”. First, you will need to select “Gain Global markets, Inc.” with “FOREX.com Global”. Then it will ask you to select a “Server” under “USE EXISTING ACCOUNT”.
Select the right-pointing arrow and it will provide you two options:
“FOREX.comGlobal-Demo 531” and “FOREX.comGlobal-Live 532”.
Once you have found and selected your server, you will need to input your username as the “Login”, which is also your account number, and the password you have set for the account.
Android
If you are attempting your login to the MetaTrader 5 application on your Android, please select the menu button at the top left corner of your application, where you will then select “Manage Accounts” > “+” > “Login to Existing account”. Once you have selected that, the application will bring you to the search page for “Servers”/“Brokers”, type in “FOREX.com”. First, you will need to select “Gain Global markets, Inc.” with “FOREX.com Global”.
Then it will ask you to select a “Server” under “USE EXISTING ACCOUNT”. Select the right-pointing arrow and it will provide you two options:
“FOREX.comGlobal-Demo 531” and “FOREX.comGlobal-Live 532”.
Once you have found and selected your server, you will need to input your username as the “Login”, which is also your account number, and the password you have set for the account.
How do I find more information about a market?
How do I hedge my positions?
How can I see more than one chart on the mobile application?
Can I set text notifications instead of push notifications?
Can I set email notifications instead of push notifications?
What alerts are available on the mobile apps?
You will need to obtain your MetaQuotes ID through the MetaTrader 5 mobile app. To do this, you must download one of the MetaTrader 5 mobile apps to your iPhone, Android or Windows phone. Once downloaded, open the app and log in.
Through an iPhone, you can access the MetaQuotes ID by going to Settings > Chat and Messages. It will be located at the bottom of the screen.
Through an Android or Windows phone, you can access the MetaQuotes ID by going to the main menu button at the top right, selecting Settings. You will need to scroll to Messages and then you will find your MetaQuotes ID at the bottom of the platform.
Once you have obtained your MetaQuotes ID, go to the MetaTrader 5 desktop download platform. Proceed to Tools > Options > Notifications and enter your MetaQuotes ID, check the box “Enable Push Notifications” and click OK. Click on the Alerts tab and right-click to pull up the options menu.
To create a new alert, click Create, enter your specifications, and choose "Notifications" as your delivery method within the "Actions" section. You will then receive your rate alert as a push notification to your mobile device.
Alerts can only be set if you have a MetaTrader 5 desktop download platform and the MetaTrader 5 mobile app downloaded. Setting up an alert will allow you to receive push notifications from your desktop download platform and your mobile app.
General Questions
If I do not have sufficient margin, what will happen to my trades?
If you do not have enough margin on your account, your positions will be closed (also known as liquidation). Liquidations occur if the Net Equity falls to or below 50% of the Margin Requirement and/or if your Margin Indicator falls to or below 50%.
In this instance, all positions will be liquidated.
What are the system requirements to download the FOREX.com desktop download platform?
- Operating System: Windows 7 or newer
- RAM: 2GB RAM DDR3 PC3-12800 (1600 MHz) or better
- Processor: Intel Core i3-4130 @ 3.4 GHz or better
- Storage: 200MB free space
- Framework: Microsoft Framework 4.0 with service packs
- Internet Explorer v6.x or higher, Firefox v1.x or higher
- .NET 2.0 Framework
What are the system requirements to download the MetaTrader platform?
- Operating system: Windows XP or more recent
- Screen resolution: Minimum of 1024x768
- Internet: Connection speed of 36.6 Kbps or faster
How do I trade over the phone with Customer Support?
Phone trading is available to customers during market hours. To place a trade via phone call, please contact Customer Support.
Phone Trading Instructions:
- State your Account Number. You will be asked to verify the name on the account and answer other security questions.
- Ask for the current price. For example, "I would like a price on EUR/USD."
- Our customer support will provide the current bid/offer. For example, "EUR/USD is trading at 1.28551/562." The first number will be the sell price (BID), and the second number will be the buy price (ASK). As the market is constantly fluctuating, we will generally provide you an approximation and indicate which price is the sell and which price is the buy.
- If you wish to place a market order, state your interest. "I would like to sell 50,000 units for EUR/USD at the market."
- Our customer support will provide verbal confirmation of the trade prior to execution. Your trade will be entered on your behalf and the trade will appear in the trading platform immediately.
- If you do not wish to deal at the quoted levels, simply state so.
- You may also request that a stop or take profit order be placed on your behalf. Be sure to indicate the type of order and the price at which you would like the stop loss or take profit to be set at.
All trades executed via the phone by a registered customer support representative are subject to a pre-deal margin availability check and will be manually entered into the customer's account for integrated Profit & Loss analysis and reporting.
All phone orders will be recorded to ensure fairness and accuracy for all parties involved.
I have a Mac. How can I trade with my account?
What is the difference between FOREX.com platform and MetaTrader platform?
The MetaTrader 5 platform is a third-party platform developed by MetaQuotes; although, our MetaTrader 5 platform delivers integrated pattern recognition software and other trading tools. It also offers currencies, shares, indices, metals and commodities for trading across thousands of markets. The platform also allows clients to load third party software, like custom indicators and Expert Advisors, to assist with trading.
For a more detailed comparison, you can review our Trading Platform Comparison table.
FOREX.com Desktop Platform
How do I download FOREX.com's desktop trading platform?
How do I access my account statements and reports?
Why do I receive an "Authorisation Failed" message when trying to log in?
What is price tolerance and how do I update it?
Markets where price tolerance applies will have default tolerance levels set, but they may be altered by the client on the trading platform. The default price tolerance on the platform is set to "2".
If you do not want any slippage in execution price, you can manually set your price tolerance level to '0' for each market. This will mean that if we receive a trade request and the price is different, the trade will be rejected and a new trade must be requested.
To adjust this, click on the "i" icon, which is the Key Market Information sheet, lined with the specific market in the Watchlist window in the FOREX.com platform. A new window will open where you can expand "Preferences" by clicking on the "+" symbol to alter your price tolerance.
If you do not see the "i" icon, right click on any column header in your Watchlist window, then check off "Key Market Information." An "i" will appear next to every market.
What order types are available on the FOREX.com desktop platform?
A market order is an order to buy or sell at the best available market price within your pre-set price tolerance range (also known as a trade). If a price cannot be met within the tolerance range, the order will be requoted.
Entry Order
An entry order is an order to buy or sell when the market hits a specified price.
Stop Order
A stop order is an instruction to place a trade at a pre-defined price that is worse than the price at the time of placing the order. When the pre-defined price is reached, the stop order is filled at the best available price at that moment.
Remember that stop orders do not guarantee your execution price – a stop order is filled at the best price once triggered.
Stop Loss Order
A stop loss order is an order attached to a trade, with an instruction to close the trade at a pre-defined price that is worse than the price at the time of placing the order. When the pre-defined price is reached, the stop loss order is filled at the best available price at that moment.
Remember that stop loss orders do not guarantee your execution price – a stop loss order is filled at the best price once triggered.
Limit Order
A limit order is an order to place a trade at a pre-defined price that is better than the price at the time of placing the order. When the pre-defined price is reached, the limit order is filled at the specified price or better.
One Cancels Other (OCO)
An OCO is a set of two orders. When one order is filled, the other is cancelled.
Guaranteed Stop Loss Order
Guaranteed stop loss orders work in the same way as standard stop loss orders except that they guarantee to close your position at the exact trigger price you set, regardless of volatility or gapping.
There is an additional charge for placing a GSLO (known as a GSLO premium). GSLOs are not available on all markets, and information on charges and available markets can be found within the Key Market Information sheet on the FOREX.com desktop platform.
Trailing Stop Loss Order
A trailing stop loss is created by setting up a stop order that ‘trails’ your position by a specific number of points. If your trade moves in the direction you predicted, the trailing stop loss moves with the market, in the same direction as your potential profit and will only be executed when the market moves against you by the set number of points."
How do I partially close an option position?
You can also close the open position through the "Open Positions" window. There will be a black button with the word "Close" in white text. By clicking on this button for the specific open position you are attempting to close, it will open a small window for you to review. Simply type in the quantity that you are looking to partially close for that position and click on Submit. If "1-Click Trading" is turned ON at the top right of the platform, the entire position will automatically close when you click on the "Close" button with now window to review the trade prior to closing.
How do I close a position?
You can close an open position through the "Open Positions" window. There will be a black button with the word "Close" in white text. By clicking on this button for the specific open position you are attempting to close, it will open a deal ticket for you to review and close your position. If "1-Click Trading" is turned ON at the top right of the platform, the position will automatically close when you click on the "Close" button with no window to review the trade prior to closing.
You may also close an open position by entering a trade (of the same size) in the opposite direction of your existing position. Make sure to review the entire trade ticket before submitting as there is a check box next to the direction input for "Hedge". If the "Hedge" box is checked, it will NOT close the position, but execute the position in the opposite direction as a hedge trade.
If I close my platform, will my layout and chart templates automatically save?
Why did my order execute when the chart shows the price did not reach my order yet?
If you have an open buy position or a pending sell order, you will need to monitor the BID chart.
If you have an open sell position or a pending buy order, you will need to monitor the ASK chart.
How do I set up price alerts?
If you would like to place the alert at a specific rate from the chart, you can right click on the chart and it will provide you the same bell icon labelled as "Set Alert".
Once selected, you will find an alert window for you to modify Direction, Alert Price, Good Till (how long you would like to monitor this alert for), and Sound. Then click Submit.
To review all active alerts, go to the Alerts tab across the top and select "Price Alerts".
In addition, setting a price alert on one FOREX.com platform will extend to all FOREX.com platforms.
Is there a maximum deal size or maximum order size on the FOREX.com/Advantage Trader Pro desktop platform?
More information on specifications for specific markets can be found through the platform's Key Market Information section.
You can access Key Market Information directly on the platform. There is an "i" icon for each market. By clicking on this icon, you will be able to view margin, financing charge, minimum spread, hours, dealing information, orders, and preferences.
When an unassociated order in the opposite direction of existing position(s) is filled, how do my positions close?
Unassociated pending orders will be executed per First In First Out (FIFO). Therefore, if you have a pending order in the opposite direct of an existing position, it will close the first trade entered depending on the trade details of the pending order.
If the unassociated pending order has Hedging turned ON, then the order will execute at the price in the opposite direction of the existing position.
How do I hedge my positions?
For example, if you have an open sell position for 10,000 units in EUR/USD and you would like to hedge a quantity of 5,000 units, you would launch a new EUR/USD deal ticket and input buy as Direction for a Quantity of 5,000. To place this trade independently from your original 10,000 units position, you will need to tick the Hedge box, which will be located next to "Direction: Buy". Then place the trade. Please note if you do not tick the Hedge box, this will effectively close 5,000 units of your original short position. After you have submitted the hedged ticket, you will then have two positions open in EUR/USD market: one buy position for 5,000 units and one sell position for 10,000 units, meaning you are now net short 5,000 in total. You can also close either position independently at any time.
You must also be aware that if you have amalgamated positions turned on, this will show the net figures for the total trades placed (i.e. inclusive of all shorts or longs in a specific market). To see individual positions, you need to expand the amalgamated position or switch to single positions.
How can I see more information about a market before placing a trade?
Does FOREX.com's desktop platform support backtesting?
Can my positions be aggregated?
How many charts can I have open on my FOREX.com desktop platform?
WebTrader
What browsers are supported?
Web Trader is supported on all modern browsers. Chrome 56 (and newer versions) is recommended for our platform, but it will work on Internet Explorer and Mozilla Firefox 52. You don't need to have Flash to access our Web Trader platform.
How current is the information on Web Trader?
The web platform uses real-time data.
How do I access my account statements and reports?
You can also view more reports by clicking on the three dots of your workspace, select the "+" for History.
How do I add a Stop Loss or Limit associated order to a position I hold?
You may also access the Amend Position window by clicking on the down arrow for the open position and selecting "Amend Position".
What is price tolerance and how do I update it?
Markets where price tolerance applies will have default tolerance levels set, but they may be altered by the client on the trading platform. The default price tolerance on the platform is set to "2".
If you do not want any slippage in execution price, you can manually set your price tolerance level to '0' for each market. This will mean that if we receive a trade request and the price is different, the trade will be rejected and a new trade must be requested.
To adjust this, search for the market you would like to adjust the price tolerance for. Then select the down arrow button and click on Market 360. A new tab will open displaying the chart and market information for that specific market. Click on the "+" for Preferences to find the option to adjust your price tolerance.
How do I hedge my positions?
For example, if you have an open sell position for 10,000 units in EUR/USD and you would like to hedge a quantity of 5,000 units, you would launch a new EUR/USD deal ticket and input buy as Direction for a Quantity of 5,000. To place this trade independently from your original 10,000 units position, you will need to tick the Hedge box, which will be located next to "Direction: Buy". Then place the trade. Please note if you do not tick the Hedge box, this will effectively close 5,000 units of your original short position. After you have submitted the hedged ticket, you will then have two positions open in EUR/USD market: one buy position for 5,000 units and one sell position for 10,000 units, meaning you are now net short 5,000 in total. You can also close either position independently at any time.
You must also be aware that if you have amalgamated positions turned on, this will show the net figures for the total trades placed (i.e. inclusive of all shorts or longs in a specific market). To see individual positions, you need to expand the amalgamated position or switch to single positions.
How do I find more information about a market?
You can access the Market 360 for a specific market by clicking on the down arrow for the market after you have searched for it. Through the Market 360, you will be able to view margin, financing charge, minimum spread, hours, dealing information, orders, and preferences.
What is the minimum trade size and maximum trade size?
The maximum order size varies by market. You can view market's minimum and maximum deal sizes in the WebTrader's Market 360, which can be opened for a specific market, or the Trade Ticket.
More information on specifications for specific markets can be found through the WebTrader's Market 360 section.
You can access the Market 360 for a specific market by clicking on the down arrow for the market after you have searched for it. Through the Market 360, you will be able to view margin, financing charge, minimum spread, hours, dealing information, orders, and preferences.
Why did my order execute when the chart shows the price did not reach my order yet?
If you have an open buy position or a pending sell order, you will need to monitor the BID chart.
If you have an open sell position or a pending buy order, you will need to monitor the ASK chart.
Can I manage my funds on WebTrader
You can add funds from an existing funding method through the WebTrader platform by clicking on the person icon at the top right and selecting "Account Funding".
To add funds from a pre-existing funding method, select Add Funds.
To withdraw funds, click on Withdraw Funds.
To add a new payment method, select Add Payment Method.
If these options do not work or if it is not allowing you to perform what you intended, please log into the MyAccount page from our website and proceed to the Funding tab.
If I log out of WebTrader, will it save my layout and chart templates?
How do I compare markets on the same chart?
How do I log out of WebTrader?
What features does WebTrader have?
The web platform features:
- Advanced charting tools
- Drag-and-drop order editing
- +50 indicators
- Market comparisons
- Saved layouts
- Integrated analysis & calendar
- Account management
How do I set up price alerts?
There are many ways to set price alerts through the WebTrader platform:
1.) You can search the market in "Search markets" and click on the down arrow of the market you are looking to set a price alert for. Then click on "Set Price Alert" and a window will open up asking what is the Alert price you would like to set and how long the alert will last.
2.) You can click on the Buy/Sell option in the down arrow menu after searching the market. As long as 1-Click Trading is OFF, you will be provided with the Trade Ticket. Across the top of the Trade Ticket, you will see Trade, Order, and Set Alert. Click on Set Alert and the window will change to ask you what is the Alert price you would like to set and how long the alert will last.
3.) You can open the Positions window and click on the down arrow for your open position and either click on "Set Price Alert" or "Buy Trade" or "Sell Trade" (as long as 1-Click Trading is OFF).
To review the alerts that you have set, click on the three dots in the tab of your workspace and select "Price Alerts".
In addition, setting a price alert on one FOREX.com platform will extend to all FOREX.com platforms.
Is WebTrader secure?
When an order in the opposite direction of my existing position(s) is filled, how are my positions closed?
Unassociated pending orders will be executed per First In First Out (FIFO). Therefore, if you have a pending order in the opposite direct of an existing position, it will close the first trade entered depending on the trade details of the pending order.
If the unassociated pending order has the Hedge box checked, then the order will execute at the price in the opposite direction of the existing position.
How do I change my layout?
How many workspaces can I have open?
Can I have multiple charts open for the same market with different time frames?
How do I add a market to my Watchlist?
Find the market you are looking to add to your watch list by typing in the specific market into Search markets. Then, click on the "+" symbol on the far right and select which Watchlist you would like to add that market to.
If you do not see your Watchlist on your workspace, select the three dots in the workspace tab and select the "+" for "Watchlist".
Additionally, you can also add markets to your Watchlist through the "Watchlist" window. To do so, you will need to click on "Add to watchlist" on the right side lined with the specific Watchlist you are trying to add markets to. Then type in the market that you are looking to add to that specific watchlist and click on it through the list that will populate.
You can remove a market from the watchlist by first opening the Watchlist that market is in. Then click on the down arrow for that market and select "Remove from watch list".
FOREX.com Mobile App
What security features are in place to protect my account information?
We use sophisticated encryption technology to ensure the highest level of account security.
How do I download the FOREX.com app on my device?
To download the FOREX.com app on your iOS or Android device, search for FOREX.com in your app store or use the links below:
- Download FOREX.com iPhone app
- Download FOREX.com Android app
What is price tolerance and how do I update it?
Markets where price tolerance applies will have default tolerance levels set, but they may be altered by the client on the trading platform. The default price tolerance on the platform is set to "2".
If you do not want any slippage in execution price, you can manually set your price tolerance level to '0' for each market. This will mean that if we receive a trade request and the price is different, the trade will be rejected and a new trade must be requested.
To adjust this, search for and select the market you would like to adjust the price tolerance for. When you see the details of the specific market you chose, select "Market Info". Press on the "+" for Preferences to find the option to adjust your price tolerance.
What is the minimum trade size and maximum trade size?
The maximum order size varies by market. You can view market's minimum and maximum deal sizes in its Market Info or the Trade Ticket.
More information on specifications for specific markets can be found through the market's Market Info section.
You can access it by searching and selecting the specific market you are trying to get a better understanding of in the Watchlist section or Browse/Search sections. Then select "Market Info", where you will be able to view margin, financing charge, minimum spread, hours, dealing information, orders, and preferences.
Do I have to have an account to use FOREX.com Mobile?
Why did my order execute when the chart shows the price did not reach my order yet?
If you have an open buy position or a pending sell order, you will need to monitor the BID chart.
If you have an open sell position or a pending buy order, you will need to monitor the ASK chart.
How do I find more information about a market?
You can access it by searching and selecting the specific market you are trying to get a better understanding of in the Watchlist section or Browse/Search sections. Then select "Market Info", where you will be able to view margin, financing charge, minimum spread, hours, dealing information, orders, and preferences.
Can I make deposits & withdrawals through FOREX.com Mobile?
Ultimately, if you are unable to perform what you intended through the mobile application, you can access the MyAccount page from our website through an Internet Browser on your phone.
Can I view a history of my triggered alerts?
How can I see more than one chart on the mobile application?
How do I set up price alerts?
On the iPhone mobile application, there are two ways to set an Alert:
1.) Find the market that you are looking to set an Alert for by going to the Watchlist icon at the bottom of the app. If the market you are looking for does not appear in the Popular Markets, select the "+" at the top left next to Watchlist and search through there. Once you have selected the market you are looking to set an Alert for, the mobile app will show you Details, Alert, News, and Market Info. Select Alert and input the Alert Price you are looking to receive an alert for and how long the alert will last. Once you have completed the inputs, select "Set Alert".
2.) Go to the the "More" icon on the bottom right of the app and select "Alerts" under "My Trades". There, you will be able to select "Add Price Alert" and search for the market you are looking to place an Alert for.
To review all active alerts on an iPhone, go to the More icon at the bottom right and select "Alerts" under "My Trades".
On the Android mobile application, you can access the Watchlist section, the Search and Browse section, and the Alerts section through the main menu button at the top left.
After accessing the specific sections, the instructions to set the Alert are the same as the iPhone.
To review all active alerts on an Android, go to the main menu button at the top left and select "Alerts" under "My Trading".
In addition, setting a price alert on one FOREX.com platform will extend to all FOREX.com platforms.
Can I see my trade history?
Android: Select the main menu button at the top left and scroll to "My Trading History" and select "History".
What alerts are available on the mobile apps?
You can choose to receive:
- Price-based alerts via email and push notification
- Order alerts via push notification
When an order in the opposite direction of my existing position(s) is filled, how are my positions closed?
Unassociated pending orders will be executed per First In First Out (FIFO). Therefore, if you have a pending order in the opposite direct of an existing position, it will close the first trade entered depending on the trade details of the pending order.
If the unassociated pending order has the Hedge box checked, then the order will execute at the price in the opposite direction of the existing position.
How do I change the price type of the chart?
What can I do with my mobile app?
How current is the information on the mobile app?
How do I hedge my positions?
For example, if you have an open sell position for 10,000 units in EUR/USD and you would like to hedge a quantity of 5,000 units, you would launch a new EUR/USD deal ticket and input buy as Direction for a Quantity of 5,000. To place this trade independently from your original 10,000 units position, you will need to tick the Hedge box, which will be located next to "Direction: Buy". Then place the trade. Please note if you do not tick the Hedge box, this will effectively close 5,000 units of your original short position. After you have submitted the hedged ticket, you will then have two positions open in EUR/USD market: one buy position for 5,000 units and one sell position for 10,000 units, meaning you are now net short 5,000 in total. You can also close either position independently at any time.
You must also be aware that if you have amalgamated positions turned on, this will show the net figures for the total trades placed (i.e. inclusive of all shorts or longs in a specific market). To see individual positions, you need to expand the amalgamated position or switch to single positions.
MetaTrader 5
How do I set up an Investor Password for my MetaTrader account?
How do I download MetaTrader 5?
Click here to download the FOREX.com MetaTrader 5 platform.
Please remove any previous versions of the MetaTrader software from your PC prior to installation in order to ensure proper function of the platform.
What trade execution modes are support on MetaTrader 5?
The MetaTrader 5 platform supports the following execution modes. This section should be read in conjunction with the Trade and Order Execution Policy.
Market orders
Market orders are executed at the best available price at the time the order is received.
Gapping/Volatility
When economic data releases or major news events are announced, prices may “gap” as the market reacts and adjusts to the news–i.e. prices may move dramatically in one direction. We always aim to provide liquidity, but in extreme market conditions there may be no available liquidity for a very short period. Gap market conditions are also common when trading resumes after a weekend or holiday. You should be aware of the following risks associated with volatile markets:
Stop and limit orders may be executed at a different price from the requested price, or the last quoted trade price at the time of order entry. Orders may be partially executed or may be executed in several stages at different prices.
Opening prices may differ significantly from the previous day’s close.
Slippage
Our quoted prices are executable the majority of the time. In fast moving markets, orders may be executed at a price which has ceased to be the best market price. Limit order will always be filled at the price asked or better.
Execution Sources
Our foreign exchange, gold, and silver price quotes are generally derived from prices provided to us by selected top-tier global banks in the wholesale foreign exchange, gold and silver markets which we believe will provide the best available prices to you on a consistent basis.
How do I qualify for EA Hosting at FOREX.com?
The requirement to maintain your EA Hosting are the following:
- Minimum balance of 5,000 units of base currency
- Notional trading volume of 500,000 per calendar month
We will re-evaluate your eligibility at the end of each calendar month. A fee of 30 units of base currency will be debited from your trading account if you do not meet the minimum eligibility requirement to cover the EA Hosting Service.
EA Hosting is provided by Liquidity Connect.
For more information, you may click here.
If I do not have sufficient margin, how will my trades be liquidated?
When Stop outs are processed automatically by the server (not by a plugin or a manager), then orders and positions are forcedly closed on an account in the following order:
• The server analyses the client’s pending orders that are not under execution at the moment.
• It deletes a pending order with the largest margin reserved.
• If Equity (or Margin level, depending on how the SO level is determined) is still under the Stop out level, the next order is deleted. Orders without a reserved margin (no margin requirements) are not deleted.
• If Equity (or Margin level) is still under the Stop out level, the server closes a position with the largest loss. If all of the positions are profitable, the position with the lowest profit is closed (excluding swaps and commissions).
• Positions are closed until Equity (or Margin level) becomes higher than the Stop out level.
How do I open a MetaTrader 5 demo account from the platform?
How do I view my MetaTrader 5 account reports and account history?
Trade History can be viewed through Toolbox > History.
How can I roll my futures position?
Specifications, including expiry dates, can be found in Terminal > Company > Support > CFD Product Details.
How do I add markets to my Market Watch?
To add a market, type in the market's name into the row after the last market in the Market Watch list.
You can remove specific symbols by right-clicking on the symbol and selecting "Hide".
If you would like to modify your Market Watch, you can right-click on any symbol within the Market Watch and select "Symbols" and scroll through each folder to choose which symbols you would like shown or hidden.
If you do not see the Market Watch, go to "View" > "Market Watch" and it will open on the platform.
I am logged in. How come I do not see my balance?
If you do not see a balance in your trading account after logging in, you may not be successfully logged in.
To double check, check the bottom right corner of the MetaTrader platform to see if you receive either of these error messages: "No connection" or "Invalid Account". If yes, then you are not successfully logged in.
If you are unsure as to what the password is, you will need to reset it through the Forgot Password? link on our website's "Login" page.
What is the server for my account?
What are Expert Advisors?
Please note that MetaTrader 5 allows you to run more than one Expert Advisor simultaneously.
How do I partially close a position on MetaTrader 5?
When an order in the opposite direction of my existing position(s) is filled, how are my positions closed?
What are my options for closing positions?
How are unassociated pending orders executed on MetaTrader 5?
If the unassociated pending order has the Hedge box checked, then the order will execute at the price in the opposite direction of the existing position.
Where can I find the overnight financing charges?
The information is ordered by products in alphabetical order with the charges for long positions and short positions. The information displayed is calculated and provided to us by our liquidity providers.
I cannot see my terminal anymore. Where can I see my open positions?
If you do not see the terminal on your platform, first make sure that it is open by going to "View" > "Toolbox". If the toolbox is already on the platform, the icon for it in "View" will look like it's been selected.
If the icon indicates that the toolbox is already on the platform, your account details, balance and positions will be available to view.
What is the minimum trade size and maximum trade size?
The minimum trade size is 1 micro lot (0.01 lots) and the maximum trade size is 50 standard lots.
The maximum order size varies by market. You can view market's minimum and maximum deal sizes in the WebTrader's Market 360, which can be opened for a specific market, or the Trade Ticket.
More information on specifications for specific markets can be found through the WebTrader's Market 360 section.
You can access the Market 360 for a specific market by clicking on the down arrow for the market after you have searched for it. Through the Market 360, you will be able to view margin, financing charge, minimum spread, hours, dealing information, orders, and preferences.
Does MetaTrader 5 adhere to the First In First Out (FIFO) policy?
How do I hedge my positions?
How do I set up rate alerts in MetaTrader 5?
You will need to obtain your MetaQuotes ID through the MetaTrader 5 mobile app. To do this, you must download one of the MetaTrader 5 mobile apps to your iPhone, Android or Windows phone. Once downloaded, open the app and log in.
Through an iPhone, you can access the MetaQuotes ID by going to Settings > Chat and Messages. It will be located at the bottom of the screen.
Through an Android or Windows phone, you can access the MetaQuotes ID by going to the main menu button at the top right, selecting Settings. You will need to scroll to Messages and then you will find your MetaQuotes ID at the bottom of the platform.
Once you have obtained your MetaQuotes ID, go to the MetaTrader 5 desktop download platform. Proceed to Tools > Options > Notifications and enter your MetaQuotes ID, check the box “Enable Push Notifications” and click OK. Click on the Alerts tab and right-click to pull up the options menu.
To create a new alert, click Create, enter your specifications, and choose "Notifications" as your delivery method within the "Actions" section. You will then receive your rate alert as a push notification to your mobile device.
Alerts can only be set if you have a MetaTrader 5 desktop download platform and the MetaTrader 5 mobile app downloaded. Setting up an alert will allow you to receive push notifications from your desktop download platform and your mobile app.
MT5 Web
How do I view my MetaTrader 5 account reports and account history?
To modify what you would like to see, right-click in the space above the Account History tab to find more options on specific date ranges you would like to see.
Customer Statements can also be generated and saved by right-clicking in the space above the Account History tab, selecting "Custom Period..." and then right-clicking again in the space above the Account History tab and selecting "Save as Report".
Can I access MT5 via web browser?
You may access the MT5 Web here.
What is the minimum trade size and maximum trade size?
The maximum order size varies by market. You can view market's minimum and maximum deal sizes in the WebTrader's Market 360, which can be opened for a specific market, or the Trade Ticket.
More information on specifications for specific markets can be found through the WebTrader's Market 360 section.
You can access the Market 360 for a specific market by clicking on the down arrow for the market after you have searched for it. Through the Market 360, you will be able to view margin, financing charge, minimum spread, hours, dealing information, orders, and preferences.
How do I hedge my positions?
How do I use Expert Advisors in MetaTrader 5?
Where can I find the overnight financing charges?
How do I add markets to my Market Watch?
You can remove specific symbols by right-clicking on the symbol and selecting "Hide".
If you would like to modify your Market Watch, you can right-click on any symbol within the Market Watch and select "Symbols" and scroll through each folder to choose which symbols you would like shown or hidden.
If you do not see the Market Watch, go to "View" > "Market Watch" and it will open on the platform.
What trade execution modes are supported on MT5 Web?
Market orders
Market orders are executed at the best available price at the time the order is received.
Gapping/Volatility
When economic data releases or major news events are announced, prices may “gap” as the market reacts and adjusts to the news–i.e. prices may move dramatically in one direction. We always aim to provide liquidity, but in extreme market conditions there may be no available liquidity for a very short period. Gap market conditions are also common when trading resumes after a weekend or holiday. You should be aware of the following risks associated with volatile markets:
Stop and limit orders may be executed at a different price from the requested price, or the last quoted trade price at the time of order entry. Orders may be partially executed or may be executed in several stages at different prices.
Opening prices may differ significantly from the previous day’s close.
Slippage
Our quoted prices are executable the majority of the time. In fast moving markets, orders may be executed at a price which has ceased to be the best market price. Limit order will always be filled at the price asked or better.
Execution Sources
Our foreign exchange, gold, and silver price quotes are generally derived from prices provided to us by selected top-tier global banks in the wholesale foreign exchange, gold and silver markets which we believe will provide the best available prices to you on a consistent basis.
How do I set up rate alerts in MT5 Web?
When an order in the opposite direction of my existing position(s) is filled, how are my positions closed?
Unassociated pending orders will be executed per First In First Out (FIFO). Therefore, if you have a pending order in the opposite direct of an existing position, it will close the first trade entered depending on the trade details of the pending order.
If the unassociated pending order has the Hedge box checked, then the order will execute at the price in the opposite direction of the existing position.
How do I partially close a position on the MetaTrader 5?
First, make sure that One Click Trading is turned off by going to "Options" and make sure there is no check next to One Click Trading.
Once this is off, go to the open position that you would like to partially close in the Trade tab of your Terminal. You may either right-click on the position to select "Close Order" or double click on the position to open the Trade Ticket.
If you would like to keep One Click Trading on, do not right-click and select "Close Order". Remember to double click on the position to open the Trade Ticket.
With the Trade Ticket open, you can adjust the Volume to however much you would like to close. Then click on the yellow "Close ---" button. The information following the word "Close" should read the Order ID #, the direction of the existing position, the volume that you are looking to close, and the symbol that you are closing followed by the words "by Market".
If you modify the Trade Ticket and click on either "Sell by Market" or "Buy by Market", it will open a new trade.
MetaTrader 5 Mobile App
How do I download the MetaTrader 5 Mobile App?
You can download MetaTrader 5 on your smart phone by visiting the Apple App Store or Google Play Store.
What is the minimum trade size and maximum trade size?
The minimum trade size is 1 micro lot (0.01 lots) and the maximum trade size is 50 standard lots.
The maximum order size varies by market. You can view market's minimum and maximum deal sizes in the WebTrader's Market 360, which can be opened for a specific market, or the Trade Ticket.
More information on specifications for specific markets can be found through the WebTrader's Market 360 section.
You can access the Market 360 for a specific market by clicking on the down arrow for the market after you have searched for it. Through the Market 360, you will be able to view margin, financing charge, minimum spread, hours, dealing information, orders, and preferences.
Do I have to have an account to use MetaTrader 5 Mobile App
iPhone
If you are attempting your login to the MetaTrader 5 application on your iPhone, please select the icon labeled “Settings”. Then proceed by selecting “New Account”. Once you have reached the search page for “Servers”/“Brokers”, type in “FOREX.com”. First, you will need to select “Gain Global markets, Inc.” with “FOREX.com Global”. Then it will ask you to select a “Server” under “USE EXISTING ACCOUNT”.
Select the right-pointing arrow and it will provide you two options:
“FOREX.comGlobal-Demo 531” and “FOREX.comGlobal-Live 532”.
Once you have found and selected your server, you will need to input your username as the “Login”, which is also your account number, and the password you have set for the account.
Android
If you are attempting your login to the MetaTrader 5 application on your Android, please select the menu button at the top left corner of your application, where you will then select “Manage Accounts” > “+” > “Login to Existing account”. Once you have selected that, the application will bring you to the search page for “Servers”/“Brokers”, type in “FOREX.com”. First, you will need to select “Gain Global markets, Inc.” with “FOREX.com Global”.
Then it will ask you to select a “Server” under “USE EXISTING ACCOUNT”. Select the right-pointing arrow and it will provide you two options:
“FOREX.comGlobal-Demo 531” and “FOREX.comGlobal-Live 532”.
Once you have found and selected your server, you will need to input your username as the “Login”, which is also your account number, and the password you have set for the account.
When an order in the opposite direction of my existing position(s) is filled, how are my positions closed?
What are my options for closing positions?
How do I partially close a position on the MetaTrader 5 Mobile App?
Can I view a history of my triggered alerts?
Can I see my trade history?
How do I put an Expert Advisor on the MetaTrader 5 Mobile App?
How do I log into the MetaTrader 5 Mobile App
iPhone
If you are attempting your login to the MetaTrader 5 application on your iPhone, please select the icon labelled “Settings”. Then proceed by selecting “New Account”. Once you have reached the search page for “Servers”/“Brokers”, type in “FOREX.com”. First, you will need to select “Gain Global markets, Inc.” with “FOREX.com Global”. Then it will ask you to select a “Server” under “USE EXISTING ACCOUNT”.
Select the right-pointing arrow and it will provide you two options:
“FOREX.comGlobal-Demo 531” and “FOREX.comGlobal-Live 532”.
Once you have found and selected your server, you will need to input your username as the “Login”, which is also your account number, and the password you have set for the account.
Android
If you are attempting your login to the MetaTrader 5 application on your Android, please select the menu button at the top left corner of your application, where you will then select “Manage Accounts” > “+” > “Login to Existing account”. Once you have selected that, the application will bring you to the search page for “Servers”/“Brokers”, type in “FOREX.com”. First, you will need to select “Gain Global markets, Inc.” with “FOREX.com Global”.
Then it will ask you to select a “Server” under “USE EXISTING ACCOUNT”. Select the right-pointing arrow and it will provide you two options:
“FOREX.comGlobal-Demo 531” and “FOREX.comGlobal-Live 532”.
Once you have found and selected your server, you will need to input your username as the “Login”, which is also your account number, and the password you have set for the account.
How do I find more information about a market?
How do I hedge my positions?
How can I see more than one chart on the mobile application?
Can I set text notifications instead of push notifications?
Can I set email notifications instead of push notifications?
What alerts are available on the mobile apps?
You will need to obtain your MetaQuotes ID through the MetaTrader 5 mobile app. To do this, you must download one of the MetaTrader 5 mobile apps to your iPhone, Android or Windows phone. Once downloaded, open the app and log in.
Through an iPhone, you can access the MetaQuotes ID by going to Settings > Chat and Messages. It will be located at the bottom of the screen.
Through an Android or Windows phone, you can access the MetaQuotes ID by going to the main menu button at the top right, selecting Settings. You will need to scroll to Messages and then you will find your MetaQuotes ID at the bottom of the platform.
Once you have obtained your MetaQuotes ID, go to the MetaTrader 5 desktop download platform. Proceed to Tools > Options > Notifications and enter your MetaQuotes ID, check the box “Enable Push Notifications” and click OK. Click on the Alerts tab and right-click to pull up the options menu.
To create a new alert, click Create, enter your specifications, and choose "Notifications" as your delivery method within the "Actions" section. You will then receive your rate alert as a push notification to your mobile device.
Alerts can only be set if you have a MetaTrader 5 desktop download platform and the MetaTrader 5 mobile app downloaded. Setting up an alert will allow you to receive push notifications from your desktop download platform and your mobile app.