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Are all trading accounts are allowed to use Expert Advisor (EA)?Yes, all type of accounts is able for using EA.
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Are your platforms Mac compatible?Unfortunately, MFM Securities does not currently support any downloadable trading platforms that are compatible with Mac.
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Can I access my MT4 & MT5 account from different computers/devices?Yes. You can access your MT4 & MT5 account from different computers at the same time, including the mobile version.
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Do you guarantee the execution of stop losses?MFM Securities guarantees the execution of Stop Loss orders. However, during fast markets or gaps, there is probability of a large slippage.
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Does MFM Securities allow scalping?We do allow any trading strategy, including scalping.
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Does MFM Securities allows using EA (Expert Advisor) in trading activities?Yes, all accounts in our MFM Securities platform can use EA (expert advisor) as per default.
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How do I reactivate my dormant account?You can contact us via Live Chat for a fast response or contact your account manager.
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How long the duration of my dormant account can be activated and reimbursed into my trading account?The reactivation of the dormant trading account will be processed within 24hours.
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How many trading accounts can I open under one MFM Securities vault?The maximum account that you can open is 5 accounts.
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Is MFM Securities a dealing desk?No, all trading orders are executed automatically, execution is STP (Straight-Through Processing).
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Is there any possibility of spread widening during the weekend?Yes, there is a possibility of spread widening during the weekend because of the off-market days and low liquidity.
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What Is a Dormant Fee in trading activity?A dormant fee is a sum charged or penalty to investors who haven't engaged in any buying or selling activities in their trading activities over; 3 Months, fee charge USD5. 6 Months, fee charge USD10.
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What are MFM Securities server?For real account, please choose MFMSecurities-Live and for demo account please choose MFMSecurities-Demo.
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What does leverage mean?Leverage is the ratio of a margin amount to the borrowed amount: 1:100, 1:200, 1:300, 1:400 or 1:500. 1:100 leverage means that, to open a trade, you should have 100 times less amount than the amount of a trade. In MFM Securities, you may choose the leverage from 1:1 to 1:500.
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What is Dynamic Leverage?Dynamic leverage is a risk management tool that aims to reduce risks deriving from trading activities that can increase account exposure. Margin Requirements is set per instrument and automatically adjust in cases where the equity increase or decrease in the client account. Please note that the dynamic leverage offered by MFMs' as per instrument is explained below in detail:
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What is a CFD?A CFD is a contract for Difference. A Contract for Difference is a type of derivative that gives you the exposure and ability to the value of a financial asset (stock, forex, commodity or futures exchange) without the need to physically own the asset. CFD trading gives the trader the upmost flexibility in trading allowing you to trade a huge range of markets, without risk, and anonymously.
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What is the maximum you increase in spreads during volatile markets?It is impossible to give a fixed maximum as it entirely depends on the market. Spreads are usually higher during important news announcements or in volatile markets.
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What types of trading accounts does MFM Securities offer?We do offer three different trading accounts to suit your needs. All account types provide access to our complete range of financial products and all trading platforms: · Standard: minimum deposit 25 USD, maximum deposit of no limit. · ECN PRIME: minimum deposit 200 USD, maximum deposit of no limit. · Micro: minimum deposit 15 USD, maximum deposit of no limit.
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Where can I find my account balance and trade history in metatraders platform?· Trade: displays your account’s balance, equity, margin, free margin and margin level as well as any open positions (above these details) and pending orders (below them). · Account History: provides you with a complete breakdown of all the orders you have placed including the date and time, type, size, instrument, price at open, take profit and stop loss levels, price and time of close, swap fees and profit.
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Why I can't see/trade all symbols in the Market Watch window?The number of symbols you see is set up in your platform settings. In order to extend the quotes list, please right click on the Market Watch window and select "Show all symbols".