Am I able to open a joint account? Yes, that is possible. You have to contact your broker to get the information how to open such a joint account.
What documents do I need for registration? Most brokers require you to upload a copy of your passport and proof of address not older than 3 months after registration for verification. Proof of address can be either an electricity, water or gas bill, telephone or internet bill, a bank receipt or an official document. It…
What is paper trading? The term “paper trading” comes from the stock market, where investors who wanted to practice would write their investment on a piece of paper and then follow the market movements.All new traders have certain concerns that come with worries about losing their money. Every type of trading carries risks and therefore…
What does BAFIN say about social trading? Our service falls under the common term: “SOCIAL TRADING”. The German Financial Market Authority “BAFIN” issued a statement on this dated February 13, 2017: https://www.bafin.de/DE/Verbraucher/Finanzwissen/Fintech/SocialTrading/social_trading_node.html
What is copy trading or social trading? Social trading is a form of investing in which you (as a so-called “follower”) can view, discuss and replicate the investment strategies or portfolios of other members of a social network. 1. How does copy trading work?Copy trading in the test works with all common financial instruments such…
What is FCT Trading? We focused our research on Fibonacci sequences (Market Trading Institute Orlando/Florida) and channel trading (see book “Far from Random” by Richard Lehmann). This resulted in our 800-page book “Fibonacci-Channel-Trendline-Trading”. We then implemented the entire knowledge from the book in a computer program code C # in 4000 lines. Our redundant data…
What is a broker? A broker is an independent, licensed company (financial service provider), which is usually subject to financial supervision and which carries out financial transactions on behalf of third parties. These transactions involve a variety of asset classes, including stocks, foreign exchange (Forex) and many others. A broker usually charges a commission for…
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Risks
We act responsibly and take only small risks, nevertheless losses can occur. You are responsible for the transactions on your account. You should not start copy trading unless you are willing to lose all or a large portion of your funds.
Liability
In no event shall we (fct.trading) be liable for any loss or damage of any kind (including consequential or indirect damage or loss of profit) that may arise as a result of copy-trading. Trading financial products (such as forex, contracts for difference, stocks, options) can be associated with a high level of risk.