Frequently Asked Questions

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EliteFx Trader Inc. Assets stands for Time frame to a Million benchmark. We specialise in generating passive returns for our members through Foreign Exchange markets.
Zero experience is required! EliteFx Trader Inc. services are geared towards people who have never traded or know very little about trading. After all, isn’t it better left to the experts?
EliteFx Trader Inc. traders always trade at a low percentage of the account to minimise risk. We also have specific safeguards in place to reduce risks to investors, such as diversification opportunities and stop loss levels.
Your trading capital is held at a broker. A broker acts as a gateway to the trading market.. We utilize secured brokers.
Visit our Getting Started section for a more detailed example of how this works.
It is very simple. First, you decide a plan to join. Secondly, deposit the minimum amount or the amount on your chosen plan.
Like every normal business, the higher the capital invested in forex, the higher the profitability.
Our professionals have a stipulated Capital for trading depending on your proposed ROI
Trades are carried out on daily basis 24 hours Monday’s to Friday’s.
However you are advice to make careful analysis in other to ensure profitability.
We trade on currency pairs, crypto currencies, CFDs, Options etc
As a retail foreign exchange trader, the most important factors that affect your trading is trade execution quality, speed and spreads. The one affects the other.
A spread is the difference between the bid and the ask price of a currency pair (buy or sell price), and so to make it even easier it is the price at which your broker or bank is willing to sell or buy your requested trade order. Spreads, however, only matter with the correct execution.
In the forex trading marketplace, when we refer to execution we mean the speed at which a foreign exchange trader can actually buy or sell what they see on their screen or what they are quoted as bid/ask price over the phone. A good price makes no sense if your bank or broker cannot fill your order fast enough to get that bid/ask price.
Our reputation depends on delivering profits to clients investors. Our trades generally, are precise and stable leaving 133.7 + profit win ratio. We plainly comprehend that you need not to lose, but rather to gain.
(A) Absolutely SAFE with EliteFx Trader Inc..
(B) Our recommended broker insures every account. If something bad happens, we take out all the money. They are all registered brokers.
In other to withdraw, you will have to provide ID documents such as; drivers license, passport, national| International passport for verification. click the withdraw button and start amount then follow the process.
It will take about 48 to 72 hours.
Forex trading, or currency trading, or FX trading, as it can be also abbreviated, are all terms that describe the currency exchange market as we know it today, which in simple language refers to the global, decentralized marketplace where individuals, companies and financial institutions exchange currencies for one another at floating rates.
The current floating rates system, which we know today, was adopted after World War II and has been in effect ever since. Prior to the current forex trading rates system, a monetary management system called the Bretton Woods Agreement was in existence, in which the exchange prices of currencies against each other were tied and correlated to the reserves of gold in possession of the two countries that were the originators of the actual currencies related to a transaction.
The forex trading marketplace, as it stands today, is the world’s largest and most liquid market due to a number of factors which include, but are not limited to, ease of performing transactions over the internet, the modern development of travelling, ease of international communication and modern transportation, which have made our world a smaller place.
By making our world a smaller and more global place, this automatically means that people, goods and services can travel faster and more easily. This also means that a necessity of currencies to be traded against each other is needed in order for this to happen. All these factors have determined a growing forex trading marketplace, which will only continue to grow and become more dynamic, liquid and responsive.
Among the main participants of the forex trading market, one of the most growing segments of the total pool of participants of the marketplace, are retail foreign exchange traders (individuals) who participate in online forex trading for mainly speculative reasons with the ultimate goal of generating a profit from currency fluctuations (market changes), or hedging unwanted currency risk.
This segment participates in the forex trading marketplace via a broker (like Elitefx or via a bank. In this case, the bank or the broker will issue the retail client a trading account that will be funded in a base currency (usually the local currency of the region where the client is domiciled), and the client will have the opportunity to buy and sell currencies both online and over the phone with the goal of deriving profit.
Forex trading involves substantial risk and there are possibilities of making losses especially when you are a newbie in trading . Adequate trading knowledge is required to achieve profitability and consistency. These days forex enthusiasts usually secure the services of Professionals who are knowledgeable in both the technical and fundamentals of forex in other to achieve profitability.
Participating in the forex trading market via a broker like Elitefxtrader means that the client receives access to real-time pricing of the forex market and is quoted buy and sell prices for a number of instruments via an online trading platform.
The client has the freedom to decide at which price they decide to buy or sell, and vice versa, and can execute a transaction at any time they wish. Our group of Professionals can also help manage your investment in other to achieve good profitability.
Forex trading is in essence trading currencies for one another. As such, an EliteFxtrader client sells one currency against another at a current market rate.
In order to be able to trade, it is required to open an account and buy a currency A and then exchange currency A for currency B either for a long term or a short-term trade, with the ultimate goal varying accordingly.
Since the price of currencies and commodities are expected to either increase or decrease with time, the job of a trader is to monitor the market to know when to buy and sell.
Since FX trading is performed on currency pairs (i.e. the quotation of the relative value of one currency unit against another currency unit), in which the first currency is the so-called base currency, while the second currency is called the quote currency.
For example, the quotation EUR/USD 1.2345 is the price of the euro expressed in US dollars, which means that 1 euro equals 1.2345 US dollars.
Currency trading can be carried out 24 hours a day, from 22.00 GMT on Sunday until 22.00 GMT on Friday, with currencies traded among the major financial centers of London, New York, Tokyo, Zürich, Frankfurt, Paris, Sydney, Singapore and Hong Kong. Forex trading is traded in different parts of the world including different financial markets and the banks. Research shows that 80% of novice trader can start making extra income with the help of good professionals
There is an endless number of factors that all contribute and influence the prices in forex trading (i.e. currency rates) daily, but it could be safe to say that there are 6 major factors which contribute the most and are more or less the main driving forces for forex trading price fluctuation:

1. Differentials in inflation
2. Differentials in interest rates
3. Current account deficits
4. Public debt
5. Terms of trade 6. Political and economic stability
In order to best comprehend the above 6 factors, you will have to keep in mind that currencies are traded against one another. So when one falls, another one rises as the price denomination of any currency is always stated against another currency.

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