Forex, also known as foreign exchange or FX, is the simultaneous buying of one currency while selling another. The forex market is available 24 hours a day, five days a week and it’s one of the largest, most liquid financial markets in the world. Just to compare, the New York Stock Exchange makes about $169 billion a day in volume and the Forex Market makes over $5 trillion a day in volume.
2. How does Forex trading work?
Forex is traded in currency pairs. Common currency pairs are the Euro/US Dollar, US Dollar/Japanese Yen, Great British Pound/US Dollar, and US Dollar/Canadian Dollar. You buy one currency and automatically sell another.
3. What are the trading hours for the Forex market?
The Forex market is open 24 hours a day. It opens on Sunday at 10:00 pm GMT, and closes on Friday at 10:00 pm GMT:Sydney opens at 10:00 pm to 7:00 am GMTTokyo opens at 12:00 am to 9:00 am GMTLondon opens at 8:00 am to 5:00 pm GMTNew York opens at 1:00 pm to 10:00 pm GMT.
4. Is Forex trading expensive?
It depends on the leverage and capital invested. You can have a starting capital of as low as $50, or as high you want. However, it is important to remember that increasing leverage increases risk; but ultimately depends on the investor's appetite for risk.
5. Where is the central location of the Forex market?
Forex trading is not centralized on an exchange, as with the stock and futures markets. The Forex market is considered an Over-the-Counter (OTC) or 'Interbank' market, due to the fact that transactions are conducted between two counterparts over the telephone or via an electronic network.
6. Who are the participants in the Forex market?
The Forex market is called an 'Interbank' market due to the fact that historically it has been dominated by banks, including Central Banks, commercial banks, and investment banks. However, the percentage of other market participants is rapidly growing and now the list includes large multinational corporations, global money managers, registered dealers, international money brokers, futures and options traders, and individual investors.
7. How are currency prices determined?
There are various ways currency prices can change. Economic and political conditions usually affect the value of a currency, along with interest rates and inflation.
8. Where can I learn more about Forex trading?
We offer a range of educational tools which include free trainings & seminars, webinars and video tutorials to enhance your Forex knowledge. Please visit our education section.
9. How do I profit from trading Forex?
The sum of your profit depends on the efficiency of your trading strategy, on how well you will learn to predict the alteration in rates tendency and a little on the amount of your deposit which allows you to sustain unfavorable situations during market movements.
10. What tools do I need to trade Forex?
You only need a computer with internet connection and a free demo account or a funded live account with AlphaBeta FX to start. However, you should be equipped with proper Forex education and tools to minimize risks in the Forex market.
11. What is the spread?
The spread is the difference between the bid and the ask price. The bid price is the rate at which you can sell a currency pair, and the ask price is the rate at which you can buy a currency pair. With us, you can trade a large range of instruments with flexible spreads. That gives you a greater degree of price transparency on your trades.
12. What is a rollover?
The rollover rate, also referred to as “swap” or “interest” rate, is simply the cost-of-carry that is applied to your account on a day-to-day basis. It is the difference between the interest rates of the two currencies which a trader either earns or pays when a position is kept open overnight.
13. What is “order volume” in a Forex trade?
The term “order volume” refers to the number of standard lots you want to trade.1.00 refers to 1 standard lot or 100,000 units of the base currency.0.10 refers to 1 mini lot or 10,000 units of the base currency.0.01 refers to 1 micro lot or 1,000 units of the base currency..
14. What is a spot market?
Spot markets refer to the markets that deal with the current price of financial instruments.
15. What does it mean to have a 'long' or 'short' position?
If you are buying a currency pair, you are opening a 'long' position, if selling - 'short'. For example, if you buy 1 lot of EUR/USD, it means you open a long position for 100,000 units of EUR against USD. And if you sell 10 lots of AUD/USD that means you open a short position for 1,000,000 units of USD vs CAD.
16. What is slippage and why does it happen?
Slippage occurs when the market gaps over prices or because available liquidity at a given price has been exhausted. Market gaps normally occur during fast-moving markets when a price can jump several pips without trading at prices in between. Similarly, each price has a certain amount of available liquidity. For instance, if the price is 50 and there is 1 million available at 50, then a 3 million order will get slipped, since 3 million is more than the 1 million available at the price of 50.
17. What is margin?
Margin is a percentage amount of the total trade size which a broker requires as a good faith deposit in order to allow a trader to open that position. This amount is not a fee or transaction cost; however, it is simply a portion of your account equity set aside within your account as a deposit towards the trade. Margin requirements are determined by taking a percentage of the notional trade size and are determined by the broker in advance in the trading conditions.
18. What is margin call?
Margin Call is an alert to trader when the account equity falls below 100% Margin Level. This means, the account is left with only the supplied margin and should be funded with more money in order to prevent it from facing Stop Out or force closure.
Trading with Us
19. What does ECN mean?
ECN means “Electronic Communication Network”. An ECN account gives you direct market access so that you can deal with other market counterparties.
20. Do you offer ECN/STP accounts?
Yes we do. We can offer you ECN on your trading account through our Alpha Pro and ECN+ accounts.
21. What currency can I trade with AlphaBeta FX?
AlphaBeta FX offers all major currency pairs, exotic pairs, precious metals, and CFDs for trading.
22. What is a Forex broker?
A Forex broker is an intermediary between you and the interbank desk, networks of banks that trade with each other. Typically, a Forex broker will offer you a price from the banks that act as their liquidity provider. AlphaBeta FX uses multiple banks for pricing and we offer you the best price quotes with fast execution.
23. What other services does AlphaBeta FX offer?
AlphaBeta FX also offers exceptional Forex trading education, as well as tools to equip traders to make intelligent trading decisions. Including webinars, live-trading sessions, daily Forex analysis and trade alert, and one-on-one consultation with our resident experts.
24. Do you conduct trainings?
Yes, we conduct regular trainings and seminars for free. Our sales team also does one-to-one consultation with clients for their specific trading needs.
MAC & MAM FAQ
1. MAC/MAM Service Description
The MAM (Multi Account Manager) account type provides traders with an opportunity to invest their funds by letting experienced traders do the actual trading for them. All trading activities are concentrated on a single money manager’s account wherein the funds of all investors are consolidated. Investors, without performing any trading operation, may earn profit by simply entrusting the whole trading process to their chosen fund manager. As for the manager, he/she receives an agreed upon amount which serves as commission from investors for managing their funds.
money manager creates a MAM account. During the process, the money manager drafts an offer which contains special terms: the Profit Fee and the Volume Fee ; both of which will be charged as commission for his/her fund management services. From a roster called "List of Managers", investors are given the chance to gauge the performance of each of the active money managers. This way, investors will be able to choose the money manager that they believe is capable of providing their investment needs and preferences. The money manager trades his/her own capital, in addition to his/her investors’ funds. The profits and losses gained during trading are automatically distributed between the fund manager and his/her investors, in proportion to their respective deposited amounts.
To illustrate briefly, the performance of MAM system is as follows. For example, there is a MAMM_01 and three investors' accounts – MAMI_01_01, MAMI_01_02, MAMI_01_03 with deposits of $10,000, $20,000, and $30,000 respectively. In this case MAMM_01 would have total deposit of 60K. For example, manager gets $6000 profit as a result of trading. Profit compensation procedure will be activated (remuneration procedure is activated automatically within around 15 minutes) after positions will be closed on manager's account and following profit shares will be transferred to the investors’ accounts:
MAMI_01_01 - $1000.00;MAMI_01_02 - $2000.00;MAMI_01_03 - $3000.00;
New balance amounts will be equal to:
MAMI_01_01 - $11000.00;MAMI_01_02 - $22000.00;MAMI_01_03 - $33000.00;
MAMM_01 - $66000;
As mentioned above, in the MAM system all the deposits are combined under one manager's account, i.e. sum of the investors’ deposits is equal to the deposit on manager’s account.
The МАС (Multi Account Copier) account type is an account that allows investors to earn profit by mirroring the actual orders placed in the accounts of experienced traders. The money manager gets commission for transmitting trading signals to his/her subscribers.
MAC-Manager (hereinafter MACM) opens and closes orders on his account and this actions are being copied (as trading signal) to all subscribed MAC-Investor accounts (hereinafter MACI), according to their deposit proportions. For example, there is a MACM_01 with a deposit of $10,000 and three investor’s accounts – MACI_01_01, MACI_01_02, MACI_01_03 with deposits of $10,000, $20,000, and $30,000 respectively. On a base configuration, the system will work as follows:
MACM_01 open buy eurusd 1 lot at 1.4485;
The MAC system will automatically open the following trades on the Investor-accounts:
MACI_01_01 open buy eurusd 1 lot at 1.4487;MACI_01_02 open buy eurusd 2 lot at 1.4484;MACI_01_03 open buy eurusd 3 lot at 1.4488;
Explanation on the entering price difference provided in "Order fulfillment principle on MACI account" section below.
2. Types of accounts
There are two different types of accounts: the Manager Account (MAMM and MACM) and the Investor Account (МАMI and MACI). Moreover, in addition to manager accounts, an alpha Control account is also created. Note that the accounts’ functionality is based on Alpha Pro guidelines.
Alpha MAM-Manager (Alpha MAMM) – This account has trading capabilities. It is designed to allow one money manager to manage all gathered investors’ funds from different MAMI accounts at once, using a single MAMM account.
How to become a manager?
In order to become a manager, it is necessary to open the «Manager accounts» section in the «Trader's Room» and click on «Open MAM-Manager account» account. The registration form contains several specific fields which are not on the usual account registration form.«Manager type» - Real only. MAMM account type is intended for managing connected investors' account with real funds, thus it's not possible to set Demo type.«Minimal investor's deposit» - a deposit that is required for connection, the amount is shown in the base currency used on MAC-Manager. The value can range from 0 (in this case, there are no restrictions) to infinity. It is recommended to set this parameter so that the size of the Invest-accounts is at least half the size of the MAC-Manager.Information about «Profit Fee» and «Volume Fee» could be found in «Manager’s parameters» section below.Careful attention should be paid when filling out these fields, as after connecting the first subscriber it will be impossible to change them (except «Minimal investor deposit»). After successful registration and funding of the accounts, if the account type is MAC-Manager Real, it will be activated and ready for use. The manager can begin trading. The account will be displayed in the List of Managers and subscribers will be able to choose it as a signal provider for their Investor-accounts.MAC-Manager (MACM) – This account also has trading capabilities. It is designed to have MACI accounts connect to this type of account. Placed orders which were executed on MACM accounts will be mirrored in MACI accounts, according to certain rules.
How to become a manager?
In order to become a manager, it is necessary to open the «Manager accounts» section in the «Trader's Room» and click on «Open MAC-Manager account» account. Fields in the form are the same except «Manager type» type:«Manager type» - Real or Demo. This means that the account type «MAC-Manager» can be both a Real or a Demo account. However, even if the Demo type is selected, the manager must take the management of this account seriously. The account will be displayed in the list of managers and investors with real funds will be able to connect. Selecting the Demo type will require specifying an initial deposit. Later, the deposit can be adjusted by setting its desired value under the «Account details» section. MAM-Investor (MAMI) – This account is intended to connect to an MAMM account. Investors can connect to one money manager at a time. Moreover, investors may only perform manual trading operations before he/she is connected to a money manager. Once the connection to a manager had been established, all active orders (including pending orders) will be automatically closed. While connected to an MAMM account, manual trading is disabled. If there are open positions on the MAM-Manager account (the one you are connected to) then the financial result (floating) is shown it the trading terminal as an open position with a symbol MAM_PL This non-trading symbol in MAM system is used to show the Investor the equity state on his account.
How to become an investor?
In order to become an investor and connect to the lead trader, it is necessary to:1. Open and fund an MAMI type account;2. Link this account to the MAMM, namely to the account of a lead trader from List of Managers (or straight by the number of account if you know it).To open an MAM-Investor type account, it is necessary to open the "Investor accounts" section in the "Trader's Room" and click on "Open MAM-Investor account". The registration form is the same as usual account registration form, as well as methods of deposit, are MAC-Investor (MACI) – This account is intended to connect to an MACM account. Investors can connect to one money manager at a time. Furthermore, investors may only perform trading operations before he/she is connected to a money manager. Once connection to a manager had been established, all active orders (including pending orders) will be automatically closed. While connected to an MACM account, manual trading is disabled.
How to become an investor?
In order to become an investor and start receiving signals of the selected lead trader, it is necessary to:1. Open and fund an MAC-Investor type account.2. Link this account to the MACM/MACM-Demo, namely to the account of a lead trader from List of Managers (or straight by number of account if you know it);To open an MAC-Investor type account, it is necessary to open the "Investor accounts" section in the "Trader's Room" and click on "Open MAC-Investor account". The registration form is the same as usual account registration form, as well as methods of deposit are.There are several extra options for this type of account, more information could be found in «MACI account additional settings» Control – This account is intended for monitoring all the commission which had been charged to investors. Control is automatically created in addition to a new MAM-Manager/MAC-Manager account. In case of creating several MAM-Manager/MAC-Manager accounts, you may opt to just use your original Control account or you may also open additional ones.
3. Depositing to an account
You may not deposit directly to a MAMM account. The only way to replenish balance is to connect your MAMI account. Other money operations are also forbidden. Moreover, you may not deposit directly to a Control account as well. However, withdrawal requests could be processed.Depositing to MACM, MACI, and MAMI accounts are available at any given moment. However, funds will be displayed on MAMM's balance (to which MAMI is connected to) only after all existing orders, including pending orders, had been closed.
4. Functionality of accounts
You may trade on your MACI or MAMI account before there is an active connection to a manager. The only options left after already successfully establishing a connection to a money manager is "Close Order". After disconnection, all trades will be closed automatically.When a MAMI account owner is connected to a manager, he/she will be able to see all opened orders, trading history, and commission charges on the AlphaBeta FX terminal.
6. Closing an account
MAMМ, MACМ, MAMI, and MACI accounts may be closed if there are no active connections and if the balance is already equal to 0.
7.Order fulfillment principle on MACI account
Please take into consideration that there might be delays in execution of orders on MACI accounts, since every time a trade is opened on a MACM account, all mirrored orders will be placed in accordance to a fulfillment queue. There might be a chance of such hold up, because if there are a lot of orders coming into the server and the live queue is already quite long, order fulfillment time may be increased significantly. Consequently, the execution price on MACI may appreciably differ compared to the MACM order entry point. Orders are processed as far as it is possible, in full accordance to MT4 procedures. If the server is discharged, orders mirroring speed will be at its best. In the upshot, investors could both profit and lose from such difference, and it is not possible to predict this in advance.
. MACI account additional settings
Whenever investors connect to a signal provider, additional parameters could be defined. These features allow investors to keep risks under control. Refer to the following descriptions provided below:
“Min Volume” - The minimum trading volume of your MACI account. By default, this value is the minimum allowed by the trading server (0.01 lot)."Max Volume" - The maximum amount of a transaction allowed on your MACI account. By default, this value is equal to the maximum amount permitted on the trading server (50 lots)."Risk Factor" - This is the multiplier which corrects a number of lots being opened on the investors’ account.
To illustrate the functionality of this multiplier let's consider an example where all deposits are accounts of $10,000, but:
MACI_01_01 Risk Factor = 1.0;MACI_01_02 Risk Factor = 0.5;MACI_01_03 Risk Factor = 2.0;
MACM opens the deal:MACM_01 open buy eurusd 1 lot at 1.4485;
Following this signal, MAC-Invest accounts open:MACI_01_01 open buy eurusd 1.0 lot at 1.4485;MACI_01_02 open buy eurusd 0.5 lot at 1.4485;MACI_01_03 open buy eurusd 2.0 lot at 1.4485;
As can be seen from the example, the order volume of the MACI_01_02 account is only half that of the standard configuration, and on MACI_01_03 it is 2 times greater. In the first case, in proportion to deposits, the estimated volume of 1 lot multiplied by Risk Factor = 0.5 (volume cut in half), and in the second case the estimated amount of 1 lot has been multiplied by Risk Factor = 2 (volume doubled).
Please note that trades are opened according to deposit proportions of manager and investor accounts.
Eventually, investors may change their status of connection to the manager, as well as additional parameters: Min Volume, Max Volume, and Risk Factor.
In order to change connection parameters, click on the "Connection" option in the "Account Options" menu. New parameters will only affect all newly opened positions, and will not affect orders that were opened before the change.
9. There are two additional options for changing the connection status:
Activate – In this status, MACI is subscribed to MACM, and is receiving all his trading signals. Deactivate – In this status, MACI remains subscribed to MACM, but does not receive manager’s trading signals.
10. Manager’s parameters
Investors pay commission to managers they are subscribed to. The money manager sets commission parameters (as well as minimum required deposit on investor's account). Once these parameters are set, the manager cannot change them. In order to provide trading signals with other parameters, the manager should open a new account.
There are two types of commission:
Volume Fee – This is the compensation of the money manager that is counted depending on the amount of trade. This commission is paid for regardless of the result of the trade. The procedure of calculation and transfer to manager’s control account is started automatically right after position is closed both on MAM and MAC account types. Commission is calculated as follows: For example, Volume Fee is set to 0.05%, and 0.1 lot of GBPUSD is traded. Standard amount of contract is 100,000 currency units. For a mini lot size, commission would be 10,000 GBP/100*0.05= 5 GBP
In MAC system this value can range from 0 to 0.1%, in MAM system - from 0 to 0.001%
Profit Fee – This is considered as the main compensation of the managers. It defines the amount of commission that managers get from earned profit. The MAM system procedure of fee calculation and transfer to control account is automatically made, with the condition that the managers do not have open positions or pending orders. The MAC system procedure of fee calculation and transfer to control account must be activated by the managers by pressing the "Calculate Profit" button. Commission is calculated as follows:
For example, Profit Fee is set to 30%, and manager made a successful trade with a gain of 1,000 USD. In this case, profit earned will be divided among investor and manager accordingly—investor gets 700 USD, and manager gets 300 USD.
This value in both systems can range from 0 to 100%.
Important: When calculating manager’s Profit Fee "High Water Mark" principle is used. This means that if the manager loses money over a period of time, he/she must get the fund above the high water mark before receiving a performance bonus. For example, say after reaching its peak, a fund loses 10,000 USD in year one, and then makes 50,000 USD in year two. The manager, therefore, not only reached the high water mark, but exceeded it by 40,000 (50,000 – 10,000). This is the amount (40,000) on which the manager gets paid the Profit Fee.
MetaTrader 4 FAQ
1. MetaTrader 4 terminal indicates the 'Invalid Account' error. What should I do?
You have entered an incorrect login (account number) or incorrect password from your trading account. If you forgot your password, please check your email that was provided during your registration in Trader's Room and find there a mail from AlphaBeta FX that was sent to you confirming your registration – your login details were included in this e-mail. Please make sure that the password is entered correctly and all symbols (lowercase & uppercase) are the same as provided to you during registration.
For the Demo accounts, the server name must be AlphaBeta FX -Demo. For real accounts, the server name must be AlphaBeta FX -Live.
Please note that the Login for MetaTrader 4 is your trading account number of Alpha Standard or Alpha Pro account. In order to trade you will need to use the Trader’s password that you received when you opened your account. Your Investor's password is a read-only password that will let you view the movement of the markets but will not allow you to trade. Be sure that your Login and Password do not have any spaces or gaps before after them.
2. MetaTrader 4 terminal indicates the 'Account is disabled' error. What should I do?
Your real account hasn't been activated yet. In order to activate your account for trading, certain sum of money must be deposited to your account (in EUR or USD). Demo accounts do not require activation. Contest accounts are activated automatically at the beginning of contest.
3. MetaTrader 4 terminal cannot connect to my trading account ('No connection' error). What should I do?
Please check your internet connection, maybe it is your Internet Service Provider's (ISP) problem. Try to surf web pages which are hosted in various countries of the world. If some pages cannot be opened, contact your ISP's Technical Support.
Try to disable or configure your antivirus and/or firewall software that is installed on your computer, it may block some internet connections of MetaTrader 4 terminal. The internet communication ports 443 and 444 should be opened and available to terminal.exe application. If opening these ports won't help, you can try to completely disable the firewall/antivirus and restart your PC.
If you are trading from your work PC, connection to the internet may pass through a proxy-server. Please ask your System Administrator to provide you with the proxy server's details such as IP address, type of proxy and port. You should then enter this data into your MetaTrader 4 terminal ('Tools' menu > Options > Server > Enable proxy server > Proxy).
Please ask your System Administrator about availability of ports in your office network. If ports 443 and 444 are closed, you won't be able to use MetaTrader 4 terminal. You can ask your System Administrator to open this port.
4. I constantly receive the 'Market Closed' error when trying to open orders. What should I do?
The trading session on this financial instrument has not started yet. Please check the trading hours indicated on this table (click on any instrument to see further details).
If you are trying to buy or sell a Future Contract, please check, maybe it has expired and the trading is closed. Sometimes, 1-2 days before the expiration date, the Future Contracts might be switched to 'close only' status, hence opening new trades becomes prohibited.
Try restarting your trading platform.
5. MetaTrader 4 terminal indicates the 'Not enough money' error.
If there is not enough free funds ('Free margin') available on your trading account for opening a position, you will receive such error. Please check from Trader's Calculator what amount of margin is required for a particular trading instrument and calculate the standard or hedged margin for all of your opened positions. If you see that there is not enough money to open a new position, you can close some of your existing positions or deposit additional funds to your trading account.
6. MetaTrader 4 terminal indicates the 'Trade context busy' error.
Wait some time and try again, your previous order has not been executed yet or the trading server has not received it because of some problems with your internet connection. In any case, restarting the MetaTrader 4 terminal should help in resolving the problem.
7. I can't find the full history of performed transactions in MetaTrader 4.
Please navigate to 'Account history' tab in the 'Terminal' window and select the 'All history' option from the right-click menu.
8. I want to receive a detailed statement of my trading results.
Please navigate to 'Account history' tab in the 'Terminal' window and select the 'Save as Detailed Report' option from the right-click menu.
How to interpret the Detailed Report:
Total net profit — financial result of all trades. This parameter represents the difference between 'Gross profit' and 'Gross loss';
Gross profit — the sum of all profitable trades in monetary units;
Gross loss — the sum of all unprofitable trades in monetary units;
Profit factor — the ratio between the gross profit and the gross loss in percents. One means that these sums are equal;
Expected payoff — mathematical expectation of win. This parameter is calculated statistically and represents the average profit / loss factor of one trade. It can also be considered as showing the expected profitability / unprofitability of the next trade;
Absolute drawdown — difference between the initial deposit and minimal level below the deposit;
Maximal drawdown — the largest loss of the local maximum in the deposit currency and in percents of the deposit;
Total trades — total amount of trade positions;
Short positions (won %) — amount of short positions and the profit percentage thereof;
Long positions (won %) — amount of long positions and the profit percentage thereof;
Profit trades (% of total) — the amount of profitable trade positions and their part of the total trades, in percents;
Loss trades (% of total) — the amount of unprofitable trade positions and their part of the total trades, in percents;
Largest profit trade — the largest profit among all profitable positions;
Largest loss trade — the largest loss among all unprofitable positions;
Average profit trade — average profit value within a trade (sum of profits divided by the amount of profitable trades);
Average loss trade — average loss value within a trade (sum of losses divided by the amount of unprofitable trades);
Maximum consecutive wins (profit in money) — the longest series of profitable trade positions and the sum of their profits;
Maximum consecutive losses (loss in money) — the longest series of unprofitable trade positions and the sum of their losses;
Maximal consecutive profit (count of wins) — the maximum profit within one series of profitable trades and the corresponding amount of profitable trades;
Maximal consecutive loss (count of losses) — the maximal loss within one series of unprofitable trades and the corresponding amount of unprofitable trades;
Average consecutive wins — average amount of profitable positions in consecutive profitable series;
Average consecutive loss — average amount of unprofitable positions in consecutive unprofitable series.
9. What time is shown in the MetaTrader 4 terminal?
The trading platform indicates the EET (GMT+2, during Daylight Savings GMT+3).
10. 'Buy Limit' or 'Take Profit' order that was placed on a Sell position has not been executed, although the price on a chart has reached the order's price. Why?
Charts in MetaTrader 4 are generated using only Bid prices; Sell orders are executed at Ask price (you can see the both prices in MetaTrader 4 terminal, 'Market Watch' window). The difference between these prices is spread. Please take this fact into consideration as well when placing pending orders.
11. Why aren't all of the available instruments displayed in 'Market Watch' window of MetaTrader 4 terminal?
In order to see the full list of available instruments, please select the 'Show All Symbols' option from the right-click menu in the 'Market Watch' window. It is recommended to repeat this procedure at least once a month, because new contracts are added regularly and some expired contracts (i.e. futures) are removed from the list.
12. What are the MetaTrader 4 system requirements for PC, Pocket PC or Smartphone?
The PC version of MetaTrader 4 Client Terminal can operate under Microsoft Windows 95/98/Me/2000/2003/2008/XP/Vista/Seven. Hardware requirements are limited with software ones.
MetaTrader 4 Mobile for Pocket PC requires Windows Pocket PC 2002 or higher.
MetaTrader4 Mobile for Smartphones requires Windows Mobile 2003 Smartphone Edition and later versions.
13. What are the IP addresses of AlphaBeta FX trading servers?
If you have already signed up and have opened a real trading account (received your login/password), we recommend to download and install the MetaTrader 4 terminal from our website, it’s the simplest and most convenient way because all addresses of our trading servers are already integrated into the terminal, you need only to start the terminal and connect to your trading account.
If any other version of MetaTrader 4 terminal has been already installed on your computer, you can use this terminal for further trading on real AlphaBeta FX . accounts or create a demo-account directly from it. Please use the following server addresses in order to connect to AlphaBeta FX trading environment. You need to enter any of these addresses in the File > Login [Server] or in Tools > Options [Server] text fields.
14. What should I do if my internet connection has been lost but I need to open or close a trade?
Despite the fact that Alphabeta Fx places great importance on the stability and security of its trading systems, there is always a possibility of errors or failures occurring as the internet and other technological systems can be vulnerable to malfunctions.
For such cases, AlphaBeta FX highly recommends that each customer familiarizes with the additional trading opportunities available, such as installing the trading platform on another laptop / PC or downloading a mobile trading platform application on a tablet/smartphone.
In the event that AM’s online trading facilities are malfunctioning or otherwise unavailable to the customer, AlphaBeta FX provides a possibility to use (as a contingency measure only) a phone dealing service for the execution of the customer's trading orders.
AlphaBeta FX 's phone dealing service is reachable on a 24-hour basis from Monday to Friday at +442036958896. The phone dealing service is provided only in English, or Hindi.
Each customer, who wishes to use the phone dealing service, as previously identified by the dealer of AlphaBeta FX. For such purposes, each customer must present their Account Number (MetaTrader account opened with AM) and Phone Dealing Password. The customers' orders are accepted by the dealer only after completion of proper identification.
Legal : AlphaBeta FX Ltd is incorporated in St. Vincent & the Grenadines as an International Broker Company with the registration number 23757 IBC 2016. The objects of the Company are all subject matters not forbidden by International
Business Companies (Amendment and Consolidation) Act, Chapter 149 of the Revised Laws of Saint Vincent and Grenadines, 2009, in particular but not exclusively all commercial, financial, lending, borrowing, trading, service activities and the participation
in other enterprises as well as to provide brokerage, training and managed account services in currencies, commodities, indexes, CFDs and leveraged financial instruments.
High Risk Warning : Trading leveraged products such as Forex and CFDs may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that you fully understand the risks involved, taking into
account your investments objectives and level of experience, before trading, and if necessary seek independent advice. Please read the full Risk Disclosure.