We have established a program called "Trading for the World" with charity purposes and initial capital contributed by Solidary Markets FX.
Every we are going to decide who will be the beneficiary of the solidarity fund.
Its obvious: Our trading conditions are different. The way we deal with a treat our clientes is different. Our execution is different (faster and more precise). Our principles and the values guiding the company are different. The fact that we are the only broker wanting to be solidary from its inception Is different. These are a lot of reasons for saying we are “different”.
The “Elite” and “Top” accounts in Solidary Markets are protected by the regulation of New Zealand.
Because SMFX is a 100% STP / Non Dealing Desk broker and therefore in any case we will act as a counterpart to our customers.
Very safe. Safer than in the majority of the financial institutions around the world. This is because two facts: The regulation of the brokerage and the integrity of the people dealing with Solidary Markets. We have a proven business record in many fields for the last 25 years.
It means that the clients funds are kept in a separate account to the companys funds.
A simple question of the relationship between service quality and the price obtained. In our experience, we have not found a better VPS in these exceptional trading conditions.
It comes from the corporate profits and NEVER from the clients pocket.
We must distinguish between the companys corporate structure, sources of liquidity and technological structure. The company is located in New Zealand. Liquidity providers are in UK and Australia. The technological structure server is in New York (USA) and London (UE) in order to optimize the execution of trades.
The Solidary Markets IP is 18.104.22.168
In the mail we sent you confirming the opening of your account you will find a link that says "download MT4 platform here". Click on it and proceed to the installation
Very safe. The information is encrypted. Solidary Markets FX will not spread it.
You can open it in Euros and U.S. Dollars.
Your account is operational in less than 24 hours after being sent the documents. Naturally should you. Deposit funds into your account to start trading.
Yes. The account opening form provides this possibilitie.
Yes, we need a copy of the original writings, the power of the person acting on its behalf and the identification of the administrator.
No. The policy of prevention of money laundering makes this not possible
Yes. You just have to request it by email without having to re-submit the documentation.
The documentation we must get scanned is:
1) Photocopy of national identity document or passport (residence permits not valid). In the document has to come her/his name, photograph and date of birth.
2) Receipt or proof of address: Certificate of domicile asked to your municipality or utility bill such as water, gas, electricity, telephone, also it may be valid the state of your bank account where it appears your address and name.
IMPORTANT: The address must match the one you filled in the account opening application. (Not acceptable if it comes to a name other than the account holder of Solidary Markets FX)
Open the Metatrader 4 platform and go to the File tab / login. Opening the dialog box, replace the fields "Username", "Password" and "Server" replacing them with those who supply you by email. Click "OK" and after a few seconds the platform is operational and connected to the server.
It is a very simple process and important to us because we know it is an issue of great sensitivity for any trader. Follow these simple steps: Contact us by email showing your desire to make a withdrawal and specifying the number of your trading account, your full name, the exact amount to be returned in figures and words and the number of your bank account including the number of account, IBAN and SWIFT. Upon receipt of this information we will give you a confirmation that the withdrawal process has been successfully started. This will be no later than 2 hours after your request (SMFX business hours). The period within which the money must be in your account will range between 3 and 5 business days.
Request by mail the credit card withdrawal form. Fill it in and send it to : email@example.com email. We will return receipt and the money will be in your account in 3-5 days.
Having completed the account opening form, we will send to you an email where you will find a template with all data necessary to give to your bank and make the transfer of funds without errors. In case that the sending of money to be made through credit card, just follow the instructions step by step you will find it in the "Deposit and Withdrawal" section in our site www.solidarymarkets.com
Four options are available at this time:
1) Bank Transfer. (Bank data are sent in the email of the approval of your account)
2) Credit card
From the moment you give the order to transfer to your bank it takes normally within 3-5 working days.
In case of credit card payment, balance will be available in up to 24 hours.
Yes, following the steps mentioned in our website under "Deposit and Withdrawal"
No. International law protection against terrorism and anti-money laundering forbid it.
From Solidary Markets side no charge. It depends on the individual bank - you might want to call a few and find out. It probably helps to go to a bank where you already have an account and ask. Normally online banking systems transactions are more economical.
Up to $ 25,000
Yes. As long as the capital that remains in the account is sufficient to cover the margin.
Yes, unless you afterwards entered by bank transfer an amount greater than your first deposit made by credit card.
You have to ask us permission to do so and activate the second card. In any case only be possible if you are the owner of both cards.
Up to $ 25,000
Through card is $ 100. Through bank transfer no limits.
You have to send us all the relevant information for that amendment to: firstname.lastname@example.org
From 10 USD / EUR Mini Account
From 100 USD / EUR Top an Elite Account
Yes. You have to request it by email to: email@example.com
Our customer service department is happy to help. You can make inquiries to: firstname.lastname@example.org, via Skype to “smfxmanager” or in our 24 hr Chat on our website.
No. There are only fees that you pay to your bank or your credit card manager for the movement of money internationally or locally. Solidary Markets FX do not charge any fees or expenses for transferring to or from your account.
In accounts up to $ 50,000 or higher under request.
Click “VIEW" on the taskbar then select “MARKET WATCH” if some pairs still not available click the right mouse button on the Market Watch rectangular window and select “SHOW ALL”.
GMT +2 in winter and GMT +3 in summer time.
Opens Monday at 00:00 hours Solidary Markets FX broker platform timetable.
Open orders continue to run. The conditional orders also remain although you have no connection. We must warn you about the instructions to enter or exit the market when operating with automated strategies (EAs), cause they will no longer run. Control over the EAs is lost when you turn off the computer.
Highly recommended. A VPS ensures connectivity over 99%. The risk of loss of connection or random reboots is minimized to the maximum. It is therefore, the safest way to operate in the case of using automated systems (EAs).
From Monday to Friday from 09:00 to 21:00 UK time on schedule in GMT +0
You have to call us urgently. If outside of business hours you can call the emergency number on the liquidity provider + 612 996 55830.
If you work with a VPS you should only connect to it from an alternative terminal such as using a mobile phone, iPhone, Android or Windows Phone Smartphone. You can also do it from a laptop or from a Tablet. For those not having a VPS and with active trades on your computer, we recommend you call by phone to close their orders.
You go to the Device Manager (press Ctrl + Shift + Esc simultaneously) and there you will find a tab that says "Processes". That identifies a process (or more than one) with the name "terminal.exe * 32". Select it and click on the "End Process". If asked for confirmation press accepts and will automatically shut MT4.
Metatrader 4 always displays the price "bid" (the one which we sell). Therefore indicators are based also on that price, unless they have been specifically designed to take account of the spread.
Stand on any chart opened in Metatrader screen. Click the right mouse button and you´ll get the dialog "Properties” then enter "Common" and there is an option “Show ASK line". Select this option and you can see in the chart a line displaying the price "Ask" or "Request".
Go to the top left icon menu and click the icon "View". It appears to the left of the terminal a rectangular window with a list of all pairs that have selected. Note that the Ask price is on the right and bid on the left. Simply subtract the two and that will give you the spread. To simplify the process, you can install the indicator "Spread Indicator" that can be downloaded free from our "knowledge base" that is found on our website.
No. MT4 is only available for Windows XP, Vista or 7.
At this time, only if your trading is made through a VPS. You may use a mobile phone or tablet with GSM to access remotely your VPS. This is achieved via any remote access program like “2x”.
At this time, only if your trading is made through a VPS. You may use a mobile phone or tablet with GSM to access remotely your VPS. This is achieved via any remote access program like “2x”.
Yes. Its actually the best recommendation.
Each broker has small differences in the signal it delivers to its customers known as "feed". These small differences make indicators (sometimes too sensitive ) give signals that are interpreted by the EA as possible entries in a broker while another does not reach certain values to be considered as a valid entry. Another area of difference is the value of the spread. In this case the logic is that in SolidaryMarkets may are more entries because the spreads average value is much lower.
You must copy the file for the display (extensions .ex4 or. mq4) and paste it in the folder: C / Program Files/Solidary Markets Metatrader/Experts/Indicator. Then you must restart Metatrader and when reopen it will appear in the "custom indicators" indicator loaded.
Stops automatically. The Trailing Stop systems only work when connected.
Pending orders are stored on the broker server and they will be executed if the price reaches the level of the order execution.
No. Thats why we recommend using a VPS for automatic trading strategies (EAs).
Yes. The VPS operates completely autonomously and that is precisely one of its great advantages.
To leverage 1:200, when the level of the free margin (%) is below 200%
To leverage 1:200, when the level of the free margin (%) is below 100%
Yes. You can use all kinds of strategies as long as they do not conditional abnormally the good performance of our servers or envolving arbitrage. The scalping and even impulsive scalping with very short durations of trade are allowed.
Solidary Markets sends a daily confirmation and monthly statement automatically to your email.
Our way of doing business in Forex trading is buying and selling currencies in cash. The purchase and sale always end up doing in financial institutions such as banks or prime brokers. Solidary Markets work as a broker is addressing our customer’s orders to be executed conveniently to liquidity providers.
At this time, only if your trading is made through a VPS. You may use a mobile phone or tablet with GSM to access remotely your VPS. This is achieved via any remote access program like “2x”
The acronym comes from NDD "No Dealing Desk". Refers to the broker in question, as is the case of Solidary Markets, has no "enforcement officers" to monitor customer orders and therefore can manipulate to some extent. The "tables" of performance are an essential feature of the type of broker "Market Makers".
The Forex Broker STP (Straight through Processing) (STP) send orders directly from clients to the liquidity providers which operate in the interbank market. What makes the STP platform is the fact that the traders have access to the real market and can execute operations more quickly.
The Market Maker we would say, are the purest representatives of the DD group (Dealing Desk). Market Makers are brokers acting as counterparty to the transactions of its customers. To be clear, the Market Makers operations do not place their clients in the real market nor transferred to any group of liquidity providers, but they are the ones who act as a market for the client. Supposedly, these brokers get their profit spread (difference Ask / bid), but also they get profit from the losses of their clients.
30 days. But you may it to be permanent by asking us to: email@example.com
Solidary Markets FX recommends all customers to begin working through a demo account before purchasing a real account. No matter whether you are an experienced Forex trader or not, it is very important to become familiar with the software and the platform to be used as well as the procedures through Internet, prior to any “live” trading strategy. The easiest way to learn is to use a demo account before opening a live account. The spreads of our demo platform are exactly the same ones as our clients have in live operations. The demo will allow you to see from a first instant, consistency offered by Solidary Markets spread and in turn, test the ability to negotiate in real time.
The prices quoted on the demo and live accounts are the same. On that side there is no difference. The biggest difference is the possible slippage which may be in the live account and not in the demo. Execution times may be also be slightly different, between 200 and 300 ms in the live.
What we have to realize that a backtest is made with results already "written" (historical) and all the settings you make to our EAs or robots are already known results. But a real account results are produced tick to tick, second by second, so we (or anyone) do not know what will happen in the future. EAs optimization and other factors like execution and spread can result in disadvantages for real account compared to the previous backtest.
There are many EAs that are very sensitive to the spread (especially scalping) and where a small difference in the spread makes you enter a transaction or not.
Typically between 50 and 350 ms.
The currency prices tend to move very quickly when the market is under very volatile conditions. The Slippage (delay/deviation) occurs when the price at which they tried to enter or leave is different to the current price. The risk of slippage is generally very high when there are important financial word news. The Slippage is the biggest problem when the market moves fast. Orders are executed but at different price than expected.
In those times when the market activity is lower and there is less liquidity. Also during financial news periods, because the price moves at a much faster rate than normal.
Nly solidary markets stuff is seeing your operations. As we are not market makers we don´t have conflict of interest either if you are winning or losing, so we are not going to manipulate them.
ELITE In 7.8 beads is closed notational per batch (roundtrip) and TOP notational account is 5.8 per batch closed (roundtrip). If the value of buying or selling a batch is less than the proportional fee applies. We also have pairs without charge, where the spread is a little older, you must select the suffix "nc" to operate on them.
In our nomenclature 0.01 lot position is a micro lot.
Sizes until 100 lots will not need any special authorization if there is sufficient liquidity in the market. We can accept, prior authorization, entries till 500 lots.
For your real account is: PHP-LiveLiquidity1
Yes. In fact we would like to encourage all traders to use them.
Yes. Swaps can be positive or negative. Since the currencies charge different interest rates, you can either collect interest (positive swap) or pay interest (negative swap).
If, will shortly be available..
No, because Solidary Markets FX always works market execution.
This depends on the pip value of the currency pair. For access to the pip value calculator in our web please click on "knowledge base" and then click "tools."
Yes you can log on your live account from any computer with Solidary Markets Metatrader 4 platform. You can even be connected from different computers simultaneously. Please be careful with user names and passwords. Be careful when inserting password on other peoples computers as these remain operational after your departure if sensitive data were not properly removed.
Yes it is possible and we do not charge any fee for it. Simply request to
firstname.lastname@example.org with the account numbers to which it refers.
Nothing happens, remain open. The only thing you have to keep in mind is that the day change is received or paid the swap.
No. Only occasionally and in the case of wanting to close positions that have been out of control through the MT4 platform. For this, you must provide the user ID and password.
The maximum size without requesting additional authorizations is 100 lots, up to 500 preauthorized.
It is the minimum balance required to open an operation related to the size of the lot. And it is the broker guarantee to keep open such an operation.
The Forex Market is open for business 24 hours a day, five days a week. The market opens on Sunday at 22:00 GMT with the Asian markets and closes on Friday at 22:00 GMT when closes the New York Stock Exchange.
This market was dominated by commercial and central banks investing in Forex. However, there is a rapid growth in the participation of other operators, such as brokers, multinational corporations, trade agents and private investors.
The currencies of countries with low inflation rate and stable governments are the most popular ones. 85% of daily transactions involve these major currencies: U.S. Dollar, Japanese Yen, Euro, British Pound, Swiss Franc, Canadian Dollar and Australian Dollar.
The best option would be to download the MT4 platform “Demo Account" on our website and practice with virtual money until you feel comfortable enough to start trading with real money.
The Forex Market works almost 24 hours a day from Monday to Friday: first open Asian markets, European markets opened later and finally the U.S. markets open. This allows investors to have constant access to markets with the benefit of increased liquidity and a rapid response to economic developments and / or political factors that have an effect on this market.
Not at all. Unlike other markets, you need a very low initial capital to start trading. In Solidary Markets FX, you can start investing in Forex with just $ 100 for a Elite account.
Margin is the money that you need to have in your broker account to secure its open position.
No. The broker will not allow you to lose more than the funds available in your trading account. Just going to close your losing position when the margin is less than the minimum.
The time zone used by the Solidary Markets FX MetaTrader4 is the GMT +2 in winter and GMT +3 in summer time.
No, MT4 remains the industry standard and will take time to MT5 to reach this level.
MT5 incorporates some improvements that make flexible test strategies, among other things, but in return does not allow hedging positions something inconvenient when working with EAs.
FIFO is the abbreviated form of the First in First out rule indicating that the positions are closed in the order they were opened. The FIFO rule is still being used by many broker including ECN brokers, became popular when the CFTC made it mandatory for all U.S. brokers. The First In First Out rule has important implications for the way in which many traders had their operations in advance. For example, in the past if you would have a buy and sell in the same currency, you could handle them as separate positions. With the standard FIFO, if you open more than one operation on the same pair, both positions are aggregated into one. For example, opening one buy and one sell with the same number of lots, the trader would be left with a position of 0 (zero) in the currency pair, that is, to sell the same number of lots for which previously purchased, the net position is zero because it would nullify (close) the purchase. Similarly, if you buy 1 lot and sold 2 lots in the same currency, the net position of trader would sell 1 lot. Practically, most retail U.S. brokers still allow independent positions in the same pair.