Find answers to all your questions about trading with Taurex.
Opening an account is quick and easy! Simply follow these steps:
To check the required document(s) and their verification status, you can easily access our client portal at any time.
*Some Documents may not be acceptable depending on your country of residence.
*We may require additional documents depending on your application.
Yes, we do offer Islamic accounts, also known as Swap Free accounts, to accommodate our clients’ religious beliefs. For more information, please take a look at our dedicated page for Swap Free accounts.
No, we do not charge any fees for deposits. We believe in providing a seamless and transparent deposit experience for our clients without any additional charges. Your deposits can be made free of any fees or hidden costs. *We do not cover any costs charged by your bank or due to currency exchange.
To deposit funds into your account, please follow the steps below:
Need help? Reach our support team at [email protected]
Commodities CFD trading is a form of investment that involves buying and selling contracts for difference (CFDs) on raw materials or primary goods such as energy resources, precious metals, agricultural products, and industrial metals. Unlike traditional commodities trading, where you would buy or sell the physical commodity, in CFD trading you trade contracts that mirror the price movements of these commodities.
Absolutely, Taurex offers a demo account for those keen on practicing commodities trading strategies and getting acquainted with the trading platform. The demo account is equipped with virtual funds, letting traders engage in trading in a no-risk setting. This is an excellent way for traders to build experience and bolster confidence prior to diving into trading with actual capital.
Taurex typically provides traders with a range of tools and resources to analyze commodity markets. These may include market research reports, educational materials, technical analysis indicators, economic calendars, and expert insights. Such resources can assist you in making more informed trading decisions.
When analyzing commodity prices, it’s important to consider factors like supply and demand dynamics, geopolitical events, economic data, weather patterns (for agricultural commodities), currency fluctuations, and global market trends. Additionally, staying updated with news and market analysis can help inform your trading decisions.
Trading commodities offers unique advantages, such as portfolio diversification, the ability to profit from global supply and demand dynamics, and the potential for significant price volatility that can create trading opportunities.
Copy trading is a form of social trading where investors can automatically mirror the trading activities of selected traders, often referred to as “signal providers,” in their own trading accounts. This is not exclusively for new traders; anyone looking for diversification, time efficiency, or wishing to minimize manual trading can benefit. By replicating high-performing strategies in real-time, you can integrate varied tactics into your own trading portfolio.
To start copy trading with Taurex, all you need to do is download the Taurex Copy trading app and connect it to your MT4 account. Then, find a trader whose strategy resonates with you, decide the amount you want to invest, and start copying their trades. It’s a straightforward way to diversify your trading strategy, while also engaging with our dynamic trading community.
Copy trading with Taurex offers numerous benefits. It provides access to a range of high-performing strategies and saves you valuable time by allowing you to automatically replicate the trades of selected signal providers. This approach also offers potential for diversification across multiple strategies.
You can simply visit the App Store or Google Play, depending on your mobile device, to download and connect to your trading account.
Yes, like any trading activity, copy trading carries risks. Although copying successful traders can be beneficial, it does not guarantee profits, and losses can still occur. It’s essential to carefully review the performance and risk profiles of signal providers before copying their trades. Furthermore, it’s important to bear in mind that past performance is no guarantee of future results, as market dynamics and trading strategies can evolve over time.
Crypto trading involves speculating on the price movements of cryptocurrencies, such as Bitcoin, Ethereum, or Litecoin. Crypto CFD trading enables traders to speculate on the price fluctuations of cryptocurrencies without owning the underlying assets. It’s important to note that trading crypto CFDs carries risks, as prices can be highly volatile and market conditions can change rapidly.
You can choose your payment method of choice, including bank transfers, credit/debit cards, and popular online payment methods. Make sure to check out our Pricing and Fees pages to review your funding options and any fees that may be applicable.
The price of cryptocurrencies can be influenced by various factors, including market demand, investor sentiment, regulatory developments, macroeconomic events, technological advancements, media coverage, and overall market conditions. It’s important to stay informed about these factors to make informed trading decisions.
Taurex provides competitive trading conditions for crypto CFDs, including tight spreads. The exact spreads vary depending on the specific cryptocurrency CFD. Please advise our Pricing table or sign up for an account to view Live Pricing on our platforms.
Available 24 hours a day, five days per week, you can reach out to our professional customer support team via email, phone, or live chat for prompt assistance. Whether you’ve got a question about crypto trading or any other query, our team is happy to assist!
Yes, a fee waiver is available if you meet a certain trading volume. Please contact our support team for the exact details.
FIX API is generally available across all account types. However, for any specific requirements or exceptions, we recommend you reach out to our support team.
Yes, the beauty of FIX API is its versatility – it can interface with multiple trading platforms. You can contact our support team to know the specifics.
As of now, Taurex does not offer a trial period for FIX API. It’s available on request and subject to a monthly fee, which can be waived under certain conditions.
While FIX API is straightforward to use for the average trader, some technical knowledge might help maximize its potential. No special equipment is needed, but a stable internet connection is essential for optimal performance.
In forex trading, you’ll be buying one currency while simultaneously selling another, aiming to benefit from the changes in exchange rates between the two. While you can employ strategies and leverage to navigate the market, it’s important to proceed with caution, as the forex market is known for its volatility and the potential for rapid changes.
Leverage allows you to control larger positions in the market with a smaller amount of capital. It is a loan provided by brokers like Taurex, to increase potential returns. However, leverage also amplifies the risk, as losses are also magnified. It is important to use leverage responsibly and understand the risks involved.
A Taurex trading account gives you the ability to trade Forex and much more. You can choose among three different account types: Standard Zero, Pro Zero, Raw. For more information about the specifications of each account type, you can always visit our Account Types page.
Yes, Taurex provides a demo account option to practice your strategies and familiarize yourself with the trading platform. The demo account allows traders to trade with virtual funds in a risk-free environment, enabling them to gain experience and confidence before trading with real money.
Trading Forex with Taurex is a smart move for efficiency and peace of mind. Taurex is multi-regulated, which means you’re trading in a safe environment with strong oversight. The low costs and fair conditions are tailored to ensure that your trading operations are streamlined and efficient. Moreover, Taurex grants you access to the MT4 and MT5 trading platforms, including our native, easy-to-navigate app, which facilitates speedy and convenient market access. To help you hone your trading skills, Taurex also offers an array of valuable tools and educational webinars.
Booking a session is easy! Simply visit our website, click any “Book a session” button, choose a date and time that suits you, and follow the instructions to secure your session.
You can tailor the session to your interests. Topics include understanding our trading tools, exploring our platforms, and learning about the abundant resources we offer at Taurex.
Each session lasts one hour, providing ample time to delve into the topics of your choice and address any questions you may have.
Yes, the consultation is interactive. Feel free to ask any questions related to Taurex’s trading tools, platforms, resources, or anything else you’d like to know. Our team is here to provide you with all the information you need.
Indices are numerical measures that represent the performance of a specific group of stocks or assets. They provide an overall snapshot or benchmark for that particular market or sector. By tracking the combined value or weighted average of the constituent stocks, indices allow investors and analysts to assess the general direction and performance of a specific segment of the market.
At Taurex, you can trade major share Indices as CFDs, including popular indices like the FTSE 100, S&P 500, and Nasdaq 100. These indices represent a basket of stocks and allow you to speculate on their price movements without owning the underlying assets.
Yes, Taurex offers a mobile trading app that allows you to trade on the go. The mobile app provides a user-friendly interface, real-time market data, and essential trading features, enabling you to manage your trades conveniently from your mobile device.
The trading hours for indices CFDs can vary depending on the exchange where the underlying index is traded. Taurex typically aligns its trading hours with the exchange’s schedule. For example, trading hours for the FTSE 100 may correspond to the London Stock Exchange’s operating hours.
Opting for Taurex as your platform for trading indices is a wise decision packed with substantial benefits. Being a multi-regulated broker, Taurex guarantees a secure trading environment backed by rigorous regulatory standards. The blend of low trading costs and fair trading conditions ensures that your trading is not only efficient but also cost-effective. Additionally, Taurex provides diverse platforms, inclusive of a user-friendly native app, which means easy market access.
Metals CFD trading involves buying and selling contracts for difference (CFDs) on commodities like gold, silver, platinum, and copper in the financial markets. Instead of purchasing the physical metals, you trade contracts that represent the price movements of these metals. This form of trading enables you to speculate on the price changes of metals without having to own them.
Our spreads for trading gold are highly competitive, and we offer you the added benefit of choosing your preferred pricing model. You can select from the Standard Zero, Pro Zero, or Raw trading account, each catering to different trading preferences. For more information and to see a detailed breakdown of our spreads, please visit the pricing table on our website.
Yes! Whether you choose a Standard Zero, Pro Zero, or a Raw trading account, you will have the opportunity to discover the metals market and choose the assets that fit your trading strategy.
Taurex provides traders with a choice of robust and feature-rich trading platforms to trade metals. You can utilize the widely acclaimed MetaTrader 4 (MT4) platform, known for its user-friendly interface, advanced charting capabilities, and comprehensive trading tools. Alternatively, you can opt for the MetaTrader 5 (MT5) platform, offering enhanced features such as additional technical indicators and advanced order types. Additionally, Taurex also offers its own proprietary trading application, the Taurex app, which provides a seamless and convenient trading experience specifically designed for mobile devices.
Taurex provides different leverage options for metals trading to suit the preferences and risk tolerance of traders. For example, traders can access leverage ratios of up to 1:100 for palladium and platinum, 1:50 for copper, and 1:500 for gold and silver. It’s important to carefully consider the risks and manage leverage effectively in accordance with your trading strategy and risk management plan. You can learn more about risk management by registering for our weekly webinars.
With Taurex, you can access a wide range of financial instruments on MT4, including forex pairs, indices, commodities, and cryptocurrencies.
Absolutely! MT4 with Taurex supports Expert Advisors, allowing you to automate your trading strategies. You can create or install custom trading algorithms to execute trades on your behalf.
MT4 with Taurex supports various order types, including market orders, limit orders, stop orders, and trailing stop orders. These order types provide flexibility in executing and managing trades.
Yes, MT4 with Taurex offers historical price data and advanced charting capabilities. You can analyse past price movements, use technical indicators, and make informed trading decisions.
MT5 is a widely used trading platform known for its advanced features, expanded asset classes, and powerful analytical tools. Traders prefer it for its versatility and comprehensive trading capabilities.
Absolutely, Taurex’s MT5 platform is fully accessible via both Android and iOS mobile devices. This allows you to manage your trading account, track position changes, and execute trades, all while enjoying the flexibility of being mobile.
Yes, MT5 with Taurex offers a flexible environment for custom indicator creation and algorithmic trading. You can utilize MQL5 programming language to develop your own indicators and Expert Advisors.
MT5’s interface is more intuitive and advanced compared to MT4, giving you ample space to monitor multiple currency pairs effortlessly. With a wider range of technical indicators, analytical tools, and graphical objects, MT5 empowers you to conduct in-depth market analysis and make well-informed trading decisions. The availability of more timeframes enhances your flexibility in analyzing price movements effectively. Furthermore, MT5 offers a broader selection of order types, including advanced pending orders, while its ‘Market Depth’ feature provides valuable insights into market liquidity.
PAMM (Percentage Allocation Management Module) trading is an investment structure that allows you to pool your funds and have them managed by fund managers. The profits and losses are distributed among the investors based on their share in the PAMM account.
In PAMM trading, a trader manages a consolidated trading account containing funds from multiple investors. The trader makes trading decisions on behalf of the entire pool, and profits or losses are distributed proportionally to each investor’s contribution.
PAMM trading offers benefits such as diversification across multiple trading strategies, potential for passive income, and the ability to start with relatively small investment amounts.
Profits and losses in Taurex’s PAMM Trading program are distributed based on the percentage of each investor’s contribution to the overall PAMM account. The distribution is typically calculated at the end of a predefined trading period.
Taurex’s PAMM Trading program typically employs a careful selection process for PAMM managers, considering factors such as their trading track record, risk management approach, and overall performance. The goal is to offer investors a choice of skilled and reliable fund managers.
Like all investments, PAMM trading carries inherent risks. The level of risk depends on the trading strategies employed by the PAMM manager and the volatility of the financial markets. Taurex’s PAMM Trading service offers a range of PAMM strategies with varying risk profiles, allowing investors to choose one that aligns with their risk tolerance.
To join the VIP ranks at Taurex, the first step is to open a RAW Gold account as a minimum requirement. From there, simply email our dedicated support team who’ll gladly guide you through receiving Premium support.
VIP clients gain exclusive access to our team of professional analysts, receiving valuable market insights to enhance their trading experience.
Our premium services, including market insights and trading guidance, are designed to enhance your trading skills. However, please note that we do not provide investment advice.
Stock/share CFDs are derivative instruments that allow traders to speculate on the price movements of individual company stocks without owning the underlying shares. CFDs replicate the price performance of the underlying stocks, providing traders with the opportunity to profit from both rising and falling markets. It’s crucial to have a clear understanding of the risks involved and to implement proper risk management strategies, such as setting stop-loss orders and using appropriate position sizing.
Spreads refer to the tight bid/ask spreads available for trading CFDs on stocks with Taurex. These spreads represent the difference between the buying and selling price of a CFD. Tight spreads can be advantageous for traders as they minimize trading costs. With our tight spreads, traders can enter and exit positions with greater efficiency and potentially capture more favorable price movements.
Taurex may apply overnight financing charges, also known as swap rates or rollover fees, for holding stock CFD positions overnight. These charges are associated with the cost of maintaining a leveraged position beyond the daily market close. The rates can vary based on the underlying stock, prevailing interest rates, and market conditions. You should review our Pricing page to get a better understanding of any swaps that may apply.
Yes, one of the significant benefits of CFD trading is the ability to go short on Share CFDs. Going short means, you can profit from price declines by selling a CFD contract without owning the underlying shares. However, it’s important to note that CFD trading, including going short, carries certain risks. The value of Share CFDs can fluctuate rapidly, and if the price goes against your position, you may incur losses.
Yes, Taurex typically supports various order types for trading stock CFDs. This includes market orders, limit orders, and stop orders. Market orders are executed at the current market price, limit orders allow you to set specific entry or exit prices for your trades, and stop orders are used to trigger a trade once the price reaches a specified level.
Signal providing in Copy Trading refers to the role of experienced traders who allow other investors to automatically replicate their trading strategies and decisions in their own trading accounts. These traders are known as signal providers, and they share their trades with followers who wish to copy their trading activity.
To become a Signal Provider with Taurex, you need to open a trading account, download Copy Trading by Taurex, log in and connect your Metatrader account and sign up as a signal provider to start sharing your strategy.
Becoming a Signal Provider on Taurex’s Copy Trading program can offer benefits like additional income through commission or profit-sharing arrangements, the opportunity to showcase your trading expertise, and the ability to attract followers and build a reputation in the trading community.
Visit the App Store or Google Play, depending on your mobile device, to download and connect to your trading account.
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