FAQ - FREQUENTLY ASKED QUESTIONS
1. Question: Can I trade more than one currency pair or Instrument?
Answer: Yes, you can trade up to 10 pairs of your choice. Only the Demo Version is limited to one currency pair. However, we do not recommend more than 4 pairs to be traded at the same time.
2. Question: Which currency pairs/instruments are the best?
Answer: In General we recommend the "Forex Majors" as they have small spreads, high liquidity and high volatility. But some Clients trade Minors and even CFDs on stock and commodities.
3. Question: Can I trade from anywhere?
Answer: Yes, you can. In fact we do recommend a VPS for all your trading.
4. Question: Are there any risks and if so, what are the risks?
Answer: Yes, there are some small risks. Most of them are of technical nature such as internet or Computer failure. Additional risks come from Brokers who may use their technical abilities to manipulate Prices and trade execution.
5. Question: How much Profit can I expect?
Answer: It depends mostly on your Brokers and the type of account you have. In general 50 pips average per day. It depends on how big 500 USD per day. If it is 0.1 lots it is 50 USD. Some days with no volatility there is hardly any Profit and some days 1000 pips. So the answer to this question depends on many variables.
6. Question: How much money do I need to start with?
Answer: The more the better! We recommend 4-6 accounts with a minimum of 500 USD each such get you started.
7. Question: Is there a difference between trading Demo and Real accounts?
Answer: Yes, Demo accounts usually execute better and are not so much maniputated by the Broker so Demo accounts usually have better results with ANY trading strategy.
8. Question: I am getting Error Messages during my trading. What do they mean?
Answer: Error Messages can have a lot of causes. Please check this list:
MT4 Error Codes
9. Question: How can I reset the Hedge4-platform after 100+ trades?
Answer: It is important to reset your Hedge4 after 100 or more trades. Click here to see how it is done: Video how to reset Hedge4
10. Question: Does Hedge4 consider (ECN) commission in the P/L?
Answer: The Demo Version does not, but the Real Version does.