FAQ

Expert Advisors (EAs) are programmes that run on the MetaTrader 4 (MT4) platform, and they are being utilized to monitor and trade financial markets using algorithms. They find opportunities according to the parameters you set, then either notify you or open a position automatically. Once your position is opened, an EA can add conditions to close the position including stops, trailing stops, and limits.

For most traders, EAs are primarily used for forex CFD trading. But you can use them to trade any market that’s available on your MT4.

Please visit MetaTrader 4 page to download the trading platform.

Yes, you can. MetaTrader 4 (MT4) supports Algorithm Trading (EAs).

Please find the user guide on the MetaTrader 4 page.

Should you require more assistance, you can either contact your account manager, email [email protected] or contact us via the live chat function after you log in to the Client Portal.

Please email [email protected] or contact us via the live chat function after logging in to the Client Portal.

Please email [email protected] for us to assist you to reset the password.

Within the trading platform, you can view your open positions at the “Trades” tab or view your portfolio exposure to different currencies at the “Platform Exposure” tab.

Leverage results from using borrowed capital as a funding source when investing to expand the firm's asset base and generate returns on risk capital. Leverage is an investment strategy of using borrowed money. Specifically, the use of various financial instruments or borrowed capital, to increase the potential return of an investment. Leverage can also refer to the amount of debt a firm uses to finance assets.

Leverage is a ratio indicating the deposit amount to the exposure of the trade.

In forex trading, you trade with lots. A standard lot equals 100,000 units of the base currency, but this does not mean that you have to invest this huge amount of money yourself. With the standard leverage at 1:100, for example, a deposit of USD 1,000 is required to trade one standard lot of the pair. Your broker will invest the remaining USD 99,000.

Though this does not mean that you will see USD 100,000 on your balance, leverage is a key feature of forex trading and it gives you the possibility to trade with greater exposure without influencing your equity.

Yes, we allow you to change your trading account leverage. To change the leverage, submit your request by email to [email protected].

For any other leverage above 200, it is subjected to an internal review by S.A.M. Trade. Submit your request by email to [email protected].

Yes, hedging trades are allowed.

When a trade is executed, it will be settled at T+2 (Trade date plus 2 days). However, if your position is not closed out before 5pm New York time, your position will be held overnight and will be rolled over to the next trading day (T+3).

Trades held overnight will be subject to either a credit or debit of swap charge, which will depend on the bank’s overnight interest rate differential of the two countries in which currencies you are trading in.

S.A.M. Trade provides free educational materials and resources to leverage your trading skill. Including:

• Economic calendar

• Trading signals

• S.A.M. Academy

• Free webinars