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FOREX FAQs |
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| Q. |
What
are your commissions and fees? |
| A. |
NobleTrading
does not charge commissions. Prices quoted are inclusive
of our normal dealing spreads, which are Interbank dealing
spreads or less on all major currencies, including US
Dollar, British Pound (Sterling), Japanese Yen, Euro,
Swiss Franc, Canadian Dollar, and Australian Dollar. NobleTrading.com
is compensated for its services through the bid/ask spread. |
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| Q. |
Can
I trade on fixed spreads? |
| A. |
Yes,
NobleTrading's fixed spread pricing includes spreads as
low as 3 pips and is available to clients who prefer the
option of knowing that bid/ask spreads will remain fixed
all the time. The spreads for fixed pricing are as follows:
EUR/USD (3), USD/JPY (4), GBP/USD (5), USD/CHF (5), USD/CAD
(5), AUD/USD (4), EUR/JPY (4), EUR/GBP (3), EUR/CHF (5),
GBP/JPY (9), AUD/JPY (7), CHF/JPY (6), EUR/AUD (8), GBP/CHF
(9), NZD/USD (4), NZD/JPY(8), EUR/CAD (8), CAD/JPY (6),
AUD/NZD (8), AUD/CAD (6), GBP/CAD (9), GBP/AUD (9). |
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| Q. |
Is
there any cost for the trading software? |
| A. |
No.
The software is always free, with no trade minimums. |
|
| Q. |
What
are your trading hours? |
| A. |
24
hours daily from 5:00pm EST Sundays through 5:00pm EST
on Fridays, including most U.S. Holidays. |
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| Q. |
What
other services does NobleTrading.com offer to forex traders? |
| A. |
NobleTrading's
dealing software provides each client with a wide range
of trading tools, including technical analysis and charting,
real-time news feeds, real-time profit and loss analysis,
and full back office capabilities.Our market professionals
will also provide daily FX commentary. Finally, account
statements are sent at the beginning of each month, and
list all transactions for the previous month by currency
and value date, a summary of all current open positions,
and account balance as calculated at the close of business
on the last business day of the month. |
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| Q. |
What
are the margin requirements? |
| A. |
Initial
margin requirement for a standard account is US $2,500
on our minimum trade size of US $100,000.
Initial margin requirement for a mini account is US $250
on our minimum trade size of US $10,000.
Only trades with sufficient funds in an account will be
executed. |
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| Q. |
How
long does it take to open an account? |
| A. |
After
filling out an application online, a .pdf file will be
sent to your email address. This form should be printed
out, signed, and faxed to 212.656.1196.
Click
here to open a new account. |
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| Q. |
Can
I have a demonstration of the software? |
| A. |
Yes,
we offer free demonstrations of all of the platforms that
we offer. To register for a free NobleFX platform, please
click here. |
| Q. |
What
currency pairs do you offer? |
| A. |
NobleTrading
offers trading on 22 different currency pairs. For a complete
listing, click here. |
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