Does it matter where I live?
No, you can live anywhere in the world and trade with us daily. If you have internet and a computer you can log into your trading account and access the trading room and take trades directly with us.
Will you help me set up my account with the broker?
Yes, we will provide you with a step by step guide on how to do this with templates for you to follow. We also have dedicated support email and phone numbers in the event you get stuck on any aspect of the process.
How risky is Forex trading?
All forms of investing have a degree of risk and Forex trading is no different. The most important element of all investing is risk protection and trading with a stop loss. A position of $500 with a leverage of 50:1 will control a position of $25,000 and a market move of 5% can have a significant impact on a traders win or loss position. Therefore you need to know what you are doing and apply the correct risk protection on all your trades.
Do I need a special computer to trade Forex with LTG GoldRock?
Essentially any computer that was built after 2003 would be suitable and access to reliable internet is necessary. You can trade from any computer in the world as long as you have internet access, thus making it a go anywhere business opportunity. You will need a 32bit Operating System for maximum performance of the MT4 software. If you are a dedicated MAC User, you will need to purchase a Windows compatible program and Windows Operating System ie: BootCamp, Parallel 5 or VMFusion, to enable learning and trading on your MAC, or consider a Windows NetBook as an alternative to installing Windows on your MAC.
Can I make a lot of money trading Forex?
Yes, you can potentially make a significant amount of money trading Forex. It is a highly leveraged market to trade and the returns can be significant.
How many trades per day can I expect to get?
Due to market conditions it is impossible to predict the amount of trades you will receive each day however 1 – 5 could be considered as a normal days trading.