Faq’s

Forex trading involves the exchange of one currency for another at an agreed exchange rate. Traders speculate on the price movements of currency pairs, buying one currency and selling another simultaneously.

In Forex, currencies are traded in pairs (e.g., EUR/USD). The first currency (base) is quoted against the second currency (quote). Traders speculate on whether the base currency will strengthen or weaken against the quote currency.

A pip (percentage in point) is the smallest price movement in Forex trading, typically equal to 0.0001 for most currency pairs. It represents the price change in the quote currency.

Leverage allows traders to control a large position with a smaller amount of capital. For example, with 1:100 leverage, a trader can control $100,000 with just $1,000. While leverage increases potential profits, it also amplifies risk.

A lot is the standardized size of a trade in Forex. A standard lot is 100,000 units of the base currency. Silva FX also offers mini-lots (10,000 units) and micro-lots (1,000 units) for smaller trades.

The spread is the difference between the bid (buy) price and the ask (sell) price of a currency pair. It represents the cost of the trade and varies depending on the market conditions and the broker..

To open a trading account, click on "Open Account," complete the registration form with your personal details, submit the required verification documents, and fund your account to start trading.

LeverageA demo account allows you to practice trading with virtual funds in a risk-free environment. It helps you get familiar with the trading platform and market conditions before committing real capital.

Yes, Silva FX offers a demo account where you can practice trading with virtual money. It's a great way to test strategies and explore the platform risk-free.

Silva FX offers Standard, STP, and Cent accounts. Each account type caters to different trading styles and experience levels, from beginner to professional traders

The minimum deposit for a Cent Account is $10. For Standard and STP accounts, higher minimum deposits are required depending on the account type.

Silva FX offers leverage up to 1:1000 for Cent Accounts, up to 1:200 for Standard Accounts, and up to 1:300 for STP Accounts. The leverage offered depends on the account type and market conditions.

LeverageSilva FX offers commission-free trading on most accounts. However, for specific account types like STP, spreads may be tighter, and commission fees might apply.

Silva FX offers the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, available on desktop, web, and mobile devices for flexible trading.

LeverageYes, Silva FX allows you to trade popular cryptocurrencies such as Bitcoin, Ethereum, and Litecoin, providing access to the dynamic world of crypto trading.

LeverageYes, Silva FX provides access to trading precious metals like gold and silver, offering traders a way to diversify their portfolios and hedge against market volatility.

Silva FX provides a range of tools such as a free currency converter, margin calculator, pip value calculator, economic calendars, and real-time market updates to assist traders in making informed decisions.

A margin call occurs when your account equity falls below the required margin level. The broker may ask you to deposit more funds or close some positions to bring the account back to the required margin level.

You can use Silva FX's margin calculator to determine the required margin for each trade based on the leverage, account type, and currency pair you're trading.

Market execution fills orders at the best available price in the market, while instant execution fills orders at the requested price or cancels the order if the price moves.

You can deposit funds using a variety of payment methods, including bank transfers, credit/debit cards, and online payment systems. Silva FX offers a secure and easy deposit process.

LeverageTo withdraw funds, log in to your account, navigate to the withdrawal section, select your preferred method, and follow the steps. Withdrawal processing times may vary based on the method chosen.

Yes, Silva FX follows strict regulatory standards and keeps client funds in segregated accounts to ensure the safety and security of your money.

The Forex market is open 24 hours a day, five days a week. The most active trading times are during the overlap of major market sessions, such as the London and New York sessions.

Yes, with Silva FX, you can trade Forex using the MetaTrader mobile apps, available for both iOS and Android devices. This allows you to manage your trades anytime, anywhere.

Slippage occurs when an order is executed at a different price than expected, typically during high volatility. Silva FX strives to minimize slippage by providing fast execution.

A stop-loss order automatically closes a trade when the market moves against your position to limit losses. A take-profit order closes a trade when it reaches a certain profit level.

If you hold positions overnight, a rollover or swap fee may be applied based on the interest rate difference between the two currencies in your trade. Swap-free accounts are also available.

Yes, Silva FX offers Islamic (swap-free) accounts, which comply with Sharia law by eliminating interest or rollover fees for positions held overnight.

IfSilva FX provides real-time market updates, economic calendars, and news feeds directly on the platform, helping you stay informed about the latest market trends and events.

Risk management involves using strategies like setting stop-loss orders, limiting leverage, and diversifying your trades to minimize potential losses while maximizing profits.

IfYes, Silva FX offers a wide range of educational resources, including webinars, video tutorials, articles, and market analysis to help traders improve their skills and knowledge.

CFDs (Contracts for Difference) allow you to trade various financial instruments, such as stocks, indices, and commodities, without owning the underlying asset. Silva FX offers CFD trading on various assets.

Silva FX offers tight spreads, fast execution, multiple account types, and a secure, regulated environment. Traders also benefit from advanced platforms, educational resources, and 24/5 customer support.