Frequently Asked Questions

A trading broker acts as an intermediary between you and the financial markets, providing a platform for you to buy and sell either derivative contracts like stocks, bonds, and currencies. They facilitate your trades, offer advice, and provide tools and resources to help you make informed decisions.

Choosing the right broker depends on your individual needs and goals. Consider factors such as commission fees, available investment options, trading platforms, customer service, educational resources, and the broker’s reputation. It’s important to select a broker such as Finxo Capital, that aligns with your investment strategy and offers the support you need.

Fees can vary and may include commissions on trades, account maintenance fees, inactivity fees, and charges for accessing premium features or research. It’s crucial to review and understand the fee structure before opening an account.

To open an account, complete the application form, provide identification and financial information, and fund your account. The process is done online, and may take a few days to verify your information and activate your account.

We offer various account types, including individual and joint brokerage accounts, margin accounts, and managed accounts. Each account type serves different investment purposes and offers distinct advantages and rules. 

Account Types:

• Intro
• Silver
• Gold
• Platinum
• Black

Margin trading involves borrowing money from your broker to increase your leverage or the size of the trading position. It can amplify both gains and losses, making it a higher-risk strategy that requires careful consideration.

You can deposit funds into your trading account via bank transfer, credit/debit card, or electronic wallet, depending on your broker’s options. Withdrawals are usually made through the same method used for deposits, and processing times can vary.

We offer a range of tools and resources, including trading platforms, mobile apps, charting tools, financial news, research reports, educational materials, and customer support. These resources are designed to help you make informed trading decisions.

Placing a trade involves logging into your account, selecting the CFD you want to buy or sell, specifying the type and quantity of the order, and confirming the transaction. The process is straightforward, but it’s important to familiarize yourself with your broker’s trading platform.

Trading involves risks, including the potential loss of your investment. Market volatility, economic changes, geopolitical events, and company-specific news can all affect the value of position. It’s important to conduct thorough research, have a clear strategy, and understand the risks before trading.

Protecting your investments involves diversifying your portfolio, setting stop-loss orders to limit potential losses, staying informed about market trends and news, and regularly reviewing your investment strategy. It’s also crucial to understand your risk tolerance and invest accordingly.

We employ robust security measures, including encryption, two-factor authentication, and secure servers, to protect your personal and financial information. We are regulated and adhere to strict data protection standards.