Don't Lose your money in Forex Trading - PreciseForexSignals.com
FAQs

What is Forex?

The system of global trading in foreign currency is known as the Foreign Exchange Market, Forex, FX, or just 4X. This cash market is made by large banks. Investopedia Says: There is no central marketplace for currency exchange, rather, trade is conducted over-the-counter. The forex market is open 24 hours a day, five days a week, with currencies being traded worldwide among the major financial centers of London, New York, Tokyo, Zurich, Frankfurt, Hong Kong, Singapore, Paris and Sydney – spanning most time zones.

Why trade Forex?

Some of the advantages of Forex are:

  • High Liquidity – over $1.5 trillion per day it is the most liquid market in the world. You don’t have to worry about position sizes or too many people jumping into the trades at the same levels.
  • High Leverage – Forex traders can leverage their capital more efficiently with as high as 400-to-1 leverage. We usually suggest to start with low leverage levels until you are confident in the system.
  • No shorting restrictions – You can profit in up and down markets.

What is PreciseForexSignals.com?

There are 5 veteran traders behind Precise Forex Signals who are constantly observing markets and giving signals to all of our clients 24/5. It offers trading alerts for EUR/USD, GBP/USD,USD/JPY,USD/CHF,USD/CAD,GOLD,CRUDE OIL, EUR/GBP and other fx cross pairs.

PreciseForexSignals.com takes long and short positions on day trading mode, achieving low market exposure. Profit target and stop loss are provided for managing trades. Most entry and exits are taken using limit orders.

What order type do you use?

We use all order types depending on the market situations, following are the order types which we take

Market order buy

Market order sell

Buy limit

Sell limit

Stop buy

Stop sell

Brokerage Forex accounts

You have 3 options:

1. Mini account: Choose a mini account if you are new to the forex market. The leverage is often higher than standard account and you trade mini contracts. You can open this accounts with as little as $250.

2. Standard accounts : Standard accounts are for experienced investors. The deposit is higher than Mini accounts but the leverage is lower. You trade the full contracts in this account. You can open this accounts with $2500 or more.

3. Demo account: the easiest way to try your hand at trading forex is to open a simulated account. When you open a simulated /demo forex trading account, you get $25,000 or $100,000 of virtual money to trade with. The platform receives live quotes and your simulated trades use the same bid/ask spreads that real traders do.

Brokerage suggestions

We recommend to take advantage of our 50% off of our normal subscription when you select these brokers from our site . click here for further info

Commissions, leverage and spreads

Brokers charge no commissions for forex trading. Brokers make their cut with the spreads, when you buy at the ask and sell at the bid. The spread is usually from 2 to 6 pips depending on the pair and broker. That’s an important thing when deciding which broker to open the account with. The leverage can be as high as 200:1, meaning that a trader needs to put down only $0.5 of margin to control $100 of the currency. Remember leverage can be a double edge sword, so use it with caution.

Risk Capital

No matter how good a system looks, how good a system performs or how much money it makes. Only “Risk Capital” or “Risk Funds” should be used in trading. A person who does not have “Risk Capital” or “Risk Funds” (funds they can afford to lose) should not trade in the market.

System Objectivity

We use the same criteria and parameters to generate signals every day, there is no subjective criteria involved in the process.

Is the system mechanical?

No, we believe human brain works in multiple directions then a robot, and it’s been proving. As the nature of forex market it changes its behaviour very frequently so it’s necessary not to depend on any mechanical system however we take advantage of new technology as well.

When are signals sent and how often?

We constantly watch the market ,and when an opportunity arises clients are notified by email and sms*.

Time required to trade the system
As we alert our clients by sms and email 24/5 so there is no any difficulty to place a trade and it takes not more then 2-5 minutes to place a trade There is no need to monitor the intraday market after placing a trade.

Why your System is not set and forget style?

There are many sessions and many financial announcements in 24 hour span of time so we believe better to see what actually the scenario is rather to place an order in the evening or in the morning and let it on the market situation, overall results would be loss in set and forget style signals.

What if I don’t have enough time to trade your signals?

We provide signals copier expert advisor which works only on mt4 trading platform,so you can request for copier EA after subscribing for our services at
[email protected]

How long it takes to get access to the signals?

You have instant access to the signals. After the credit card purchase is approved you you will get an sms confirming your subscription within 1-8 hours.

Do I need to open an account or send money to you?

No, we provide the signals to trade but not the brokerage services to execute the trades

How do I cancel my subscription?

You can cancel your subscription at anytime by sending an email to
[email protected]

Do you offer refund?

As per our company policy we don’t offer refund but we are so sure about our services that you will not need to ask for a refund until you follow our trading rules, however we offer another guarantee that if you don’t make at least 5% on your trading account we will extend your subscription period for 1 month.

kindly note that we place the same trades as per our signals so you have to be aware of false claims.

What are your trading rules

  • Follow our signals as per messages you receive.(by email/sms).
  • You can use +-5 pips for market orders because of the nature of OTC market.
  • Trade at least 0.05k lot/$1000 equity per trade.

For example if you have $3000 in your account, your initial trade should be 15k lot

  • If you want to skip a signal its your decision we track our performance with all signals generated .
  • We recommend trade all signals you receive by us.
  • Must place stop as per suggestion.
  • You can see a series of loosing trades but overall results will be so great to make you happy so trade all signals.
  • Don’t involve your emotions in trading as there is a great day after a bad day
  • Make enough money for your life and be rich.