Live Account
Can I register for a Forex Trading Edge account online?
Yes, click here to access the online live account registration form.
What is a Mini account?
The initial required minimum deposit for a Mini account is $500 USD. With a Mini account a trader trades lots of 10,000 units of the base currency. Although, it is possible to trade bigger lots based on available margin. On the platform, 0.1 volume is the equivalent to 1 Mini lot. In a Mini account, one can trade up to 0.9 in size.
What is a Standard account?
The initial required minimum deposit for a Standard account is $5,000. With a standard account a trader trade lots of 100,000 units of the base currency. Although, it is possible to trade bigger lots based on available margin. On the platform, 1.0 volume is the equivalent to 1 Standard lot.
What documents are needed to open a live account?
The following completed documents are required:
• US residents:
The Client Application, the Signature Page of the Customer Account Agreement and a W9 form. If the account will be managed by a trading agent, a Limited Power of Attorney (LPOA) and appropriate commission acknowledgment form may also be required.
• Non-US residents:
Please include the Client Application along with two forms of ID (1 picture ID), IRS Form W-8BEN, the Signature Page of the Customer Account Agreement. If the account will be managed by a trading agent a Limited Power of Attorney (LPOA) and appropriate commission acknowledgment may also be necessary.
How can I fund my account?
You can find the different funding options at www.forexte.com/fund.
Can I trade Gold and Silver with Forex Trading Edge?
Yes, you can trade Gold and Silver with Forex Trading Edge on the Metatrader platform.
Does Forex Trading Edge issue an official annual profit/loss statement? (Similar to issuing a 1099)
Income reporting is the responsibility of the individual customer. Clients can print our a report from their trading platform.
1. Select the ACCOUNT HISTORY tab in the TERMINAL window.
2. Right-click anywhere inside this area.
3. Select CUSTOM PERIOD.
4. Enter preferred dates.
5. Click OK.
6. Once the report loads, right-click in the ACCOUNT HISTORY tab again.
7. Select SAVE AS REPORT.
8. Save the file on your local computer.
9. You can now email or print out your trading history for tax preparations.