Q1. What Products can be traded with STIFX?
Q2. What is a CFD?
Q3. How do i open a Live Account?
Q4. How do i deposit funds to my Account?
Q5. Are my Funds Secured?
Q6. What is a Margin?
Q7. What do you use Limit Orders for?
Q8. The Money where i will deposit, is the Company Regulated by NFA, FSA, CFTC or any other members?
Q9. If I had problems online is there telephone support for dealing as backup?
Q10. Does STIFX Pays interest on funds not used for margin?
Q11. Does STIFX provides Analysis ?
Q12. How quickly are deals transacted?
Q13. How are trades executed and confirmed?
Q14. Is trading with STIFX secure and privacy is mantained?
Q15. What is Margin Call?
Q16. What is a pip?
Q17. How long will it take to process my account application?
Q18. How much is the cost of a transaction for trading Currencies?

 

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FAQ Answers

What Products can be traded with STIFX?

A1. By having Single Account with STIFX, you can trade multiple products, Currencies, Commodities, Equities, CFDs, Futures&Options, Energy Derivatives. Along with that, you recieve free Analysis, Education, Seminars, and other beneficial services, as we enrich our services everytime.

What is a CFD?

A2. A CFD gives you all the benefits of the underlying cash equity whilst avoiding many of the typical costs associated with dealing in the physical share.  CFD trading allows you to gain cost-effective, flexible and geared exposure to world shares and indices.  We offer very competitive financing and commission charges on equity CFDs as well as tight spreads and commission free trading on Index CFDs. For more information visit here -> CFD

How do i open a Live Account?

A3. Opening Account is very Easy and Quick with STIFX, you can open Individual Account, Joint Account, Corporate Account, Fund Manager Account or Introducing Broker/Introducing Agent Account. You have to follow the steps as guided in Account Page. For more information please visit here -> Account Opening

How do i deposit funds to my Account?

A4. When you have Opened an Account, and recieved the UserName and Password, you can deposit funds via Online Facility, by accessing the Secure Client site, the web address will be mentioned when you recieve email with your Account details, You can fund your Account via Credit / Debit Card, which gets deposited Instantly or less than 24 hours, You can fund your Account by remitting a Cheque or Bank wire Transfer.

Are my Funds Secured?

A5. Yes, your funds are totally secured, your funds will be held in An Account thats Regulated by FSA, NFA, CFTC, and being our partner regulated London Stock Exchange and EuroNext.LIFFE, your funds remain totally secured. Your funds will be held in TOP-Rated European or American bank.

What do you use Limit Orders for?

A7. Use limit orders to automatically open Forex positions by buying the currency cross or commodity when the price falls to the price level you specify. Limit orders are also used for closing positions to take profit by selling the Forex cross when the price raises to a level you specify.

If I had problems online is there telephone support for dealing as backup?

A9. Yes, STIFX will provide you Order Taking Desk Telephone Number, while Account Processing, those number will be only called for Making Orders only and unless you arent able to access the Internet.

Does STIFX Pays interest on funds not used for margin?

A10. Yes, STIFX pays interest on funds not required for Margin Purposes. Open an Account, Earn various Benefits.

How are trades executed and confirmed?

A13. Trades are executed instantly. A confirmation panel appears on your screen. All deals are recorded in your deal log.

Is trading with STIFX secure and privacy is mantained?

A14. Yes. STIFX uses sophisticated encryption and authentication protocols to ensure your security and privacy. When your account is approved, you will be issued a USER ID and a Password. This information will be required to trade. Our phone lines are tape recorded. 

What is Margin Call?

A15. It is a demand need for additional funds required by the clients to increase their margin level of their deposits in case of a sudden adverse change in the international market price.
If the current condition of the trader's account in view of the open positions becomes less than the necessary margin needed for maintenance of the trader's positions in the market, the dealer has the right to close all or some positions of the trader. This condition also refers to Margin Call. Usually for the open position in 100 000 USD Margin Call comes, if the current condition of the account of the trader makes less than 50 USD, i.e. less than 5 % from the mortgage of 1000 USD.

What is a pip?

A16. A pip is the smallest unit of price for any foreign currency, usually the fourth decimal place in a currency quote (e.g. 0.0001).

How long will it take to process my account application?

A17. Our goal is to have new accounts opened within 1 business day of receiving the paperwork*. Please be certain to complete the entire application and also send any supporting paperwork that may be necessary to open your account. Paperwork that is deficient in any way cannot be processed and the opening of your account will be delayed.

How much is the cost of a transaction for trading Currencies?

A18. STIFX provides best Interbank spread, offering a very competitive deal to its clients and offering numerous beneficial services.