Taurex FAQs

Yes, we offer Islamic accounts, also known as Swap Free accounts, to accommodate our clients’ religious beliefs. For more information, please reach out to your account manager or contact our support team. We will be happy to assist you with any questions and provide detailed information regarding our Swap Free account options.

Opening an account is quick and easy! Simply follow these steps:

1. Click any “Open Account” button to fill out our registration form. It should only take 3-5 minutes of your time.
2. To complete the process, we will need some documents from you:

• Proof of Residence: This can be any document issued within the last 6 months that shows your name and address.
• Proof of Identity: We require a government-issued document that verifies your identity and is within its expiry date.

To check the required document(s) and their verification status, you can easily access our client portal at any time.

*Some Documents may not be acceptable depending on your country of residence.

*We may require additional documents depending on your application.

No, we do not charge any fees for deposits. We believe in providing a seamless and transparent deposit experience for our clients without any additional charges. Your deposits can be made free of any fees or hidden costs. *We do not cover any costs charged by your bank or due to currency exchange.

To deposit funds into your account, please follow the steps below:

• Log in to the client portal using your live account credentials.
• Click “Deposit” on the dashboard, select currency, and enter the
  amount.
• Choose your preferred payment method, either crypto or non-crypto.
• Provide payment details: If you choose non-crypto payments, specify your
  payment medium (wallet, credit card, or bank transfer).
• For crypto payments, please select the currency and provide your crypto
  wallet address.
• Fill in the required details and submit; your funds will appear in your
  wallet.
• To trade, move funds from your wallet to your trading account using
  “Internal Transfer”.

Need help? Reach our support team at [email protected]

Leverage or margin trading allows you to fund a percentage of the contract’s total value.

Suppose you plan to buy a futures contract worth $100,000, and the broker’s margin rate is 10%. The broker will require you to deposit 10% or $10,000 to buy the contract ($100,000 x 10% = $10,000).

You can become a commodity trader by opening an account with a trading broker. A demo account can help you practise trading strategies before risking real money.

You can also become a commodity trader by joining commodity exchanges that trade futures, swaps, or options.

Trading derivatives involves buying and selling financial contracts like futures, swaps, and options. Derivatives let you profit from price movements without owning the underlying asset.

Physical commodity trading is buying physical commodities from sellers based on spot prices (the asset’s current market price) and having those assets delivered.

For example, you visit a website selling precious metals and purchase gold bars. After confirming the order, the seller ships the items to your address. 

Another example of physical commodity trading is when oil companies buy and store oil barrels and sell them to customers.

Our customer support consists of vastly knowledgeable staff available 24 hours daily, five days weekly, through telephone, email, live chat, or a support ticket.

Taurex’s Standard and Pro accounts are commission-free. For the VIP account, Taurex charges up to $2 per side.

A “per side” cost is the transaction fee for opening a position in a market.

Precious metals typically have a trade size of 0.10 lots. One standard lot equals 100 ounces (oz). 

If you trade 0.20 lots of gold, you are trading 20oz of this metal (100oz x 0.20 lots = 20oz).

Taurex offers crude oil trading during these hours:

• Brent oil (UKOIL): 11:30 AM to 6:55 PM
• WTI oil (USOIL): 1:00 AM to 11:59 PM

The precious metals market opens from 1:00 AM (UTC+2) on Monday to 12:00 AM on Friday (UTC+2).

Trading commodities online is possible if you have an account with a licensed broker. After funding your account, you can begin trading.

The time to trade commodities depends on your broker and the exchange where those assets are sold.

Some of the commodities Taurex offers have the following trading hours:

To trade commodities online, you must sign up with a licensed online broker and fund your account to buy and sell those assets through derivatives.

Many commodities have a consistent or global demand. Some asset classes perform better over time due to limited supply. 

With these characteristics in mind, beginner traders can consider trading crude oil, gold, and base metals.

Taurex allows you to benefit from the following features:

• High-speed order execution
• Tight spreads
• Secure trading
• Seamless trading experience on MetaTrader 5
• 24/5 expert support worldwide

Taurex is also regulated by the Financial Conduct Authority (FCA) in the United Kingdom

During stock market downturns, investing in commodities can help you control potential losses. 

You can consider trading in commodities if you already have enough trading experience. The commodities market can have high price volatility and the potential for significant losses.

Because commodity trading is high-risk, you should consider allocating only a small part of your portfolio to commodities.

Taurex offers trading opportunities through MetaTrader 5, one of the world’s most trusted trading platforms. You can access MetaTrader 5 on your desktop or mobile device, and benefit from its advanced features and tools. 

For example, with MetaTrader 5’s intuitive interface, you can customise charting and trading indicators and engage in automated trading.

Taurex provides trading platforms and tools to trade more than 1,500 financial instruments across commodities, shares, indices, forex and metals and enhance your trading experience.

Certain currencies can function as commodity currencies. For example, an oil price increase can lead to a weaker U.S. dollar. Alternatively, a weakening U.S. dollar can cause oil prices to increase.

If your portfolio consists of stocks or forex, consider diversifying by investing in commodities. Diversification can help minimise or offset your losses when your other assets decrease in value.

When you speculate on price movements, you’re risking your capital. 

When you use leverage, you borrow money to fund a trade. Thus, while leverage can help increase your returns, it can also increase your risk, especially when your trade doesn’t go as planned. 

Consider implementing the following risk management strategies:

• Stop-loss orders: Setting a stop-loss order helps minimise your losses on a trade to an amount you can tolerate.
• Trailing stops: Implementing trailing stops involves setting up a moving stop-loss order that follows the price movement. Instead of placing a specific limit price, you can set the trailing stop several points away from the current price.

Risk vs reward ratio: Specifying this ratio helps you determine what you can gain for each unit of currency invested. A 1-to-2 ratio means that for every $1 you risk, you can earn $2.

Developing your market analysis skills can help you succeed in commodity trading. Two ways to assess the market are fundamental and technical analysis.

Fundamental analysis involves monitoring and evaluating macroeconomic factors like a country’s economic health, geopolitics, and updates on specific industries like oil, mining, and agriculture.

Meanwhile, technical analysis involves observing price trends and patterns seen on charts to identify trading opportunities.

Before opening a retail investor account with a broker and trading, consider reading books or watching videos and podcasts on trading commodities.

Some brokers offer educational resources and video tutorials on their websites to help you trade commodities and become familiar with capital markets.

Taurex provides resources and tools, such as market research reports, educational materials, and expert insights, to help you analyze commodity markets and trade with confidence.

Improving your trading involves performing actions that help increase your profitability and reduce your risk exposure. The sections below discuss the ways you can improve your commodity trading.

Margin rates can vary depending on your broker of choice. As of November 2023, Taurex offers the following commodity margin rates:

• Brent oil (UKOIL): 0.5%
• WTI oil (USOIL): 0.5%
• Natural gas (XNGUSD): 1%
• Coffee: 1%
• Cocoa: 1%
• Cotton: 1%
• Gasoil: 5%
• Sugar: 1%
• Copper (XCUUSD): 1%
• Gold (XAUUSD): 0.2%
• Silver (XAGUSD): 0.5%
• Palladium (XPDUSD): 1%
• Platinum (XPTUSD): 1%

Transaction costs involved in commodities trading can vary among brokers and typically include the following fees:

• Spread: This is the cost of executing your trade. Spread is the difference between a security’s buy and sell price.

Margin: The margin is the money you pay to open a position. A margin account lets you make leveraged trades.

Several factors can cause the price of commodities to fluctuate significantly, such as:

• Supply and demand
• Stock and inventory levels
• Currency strength
• Inflation

When analysing commodity prices, take note of these factors that can help you determine when and at what price you should enter or exit a position.

When you have a futures contract for a physical commodity, and that contract expires, the supplier must deliver the commodities. For crude oil, you may receive a delivery notice informing you of the collection point where you will receive the physical oil barrels.

You can close or sell your futures contracts before the expiry date, especially if you think the price is acceptable for you to take a profit or roll over the contract.

Contracts for undated commodities don’t have expiry dates. These contracts don’t expire because they don’t require you to own the asset directly.

Commodity contracts have specific delivery terms you must fulfill. For example, contracts for commodity futures trading have a set delivery or expiry date. Upon reaching this date, you cannot trade the contract anymore.

The following sections discuss the differences between undated and futures contracts.

Another advantage you can gain by trading commodities is the ability to enter leveraged positions provided by a margin trading account.

With a margin account, your broker can lend cash to you using your account as collateral to purchase securities.

For example, a 5% margin can help boost your transaction size to 20 times (100% ÷ 5% = 20). 

If you have $250 in your account, you can trade up to $5,000 worth of commodities ($250 ÷ 5% = $5,000).

The leverage offered by brokers means you can take trading positions several times larger than you can afford to pay upfront. Larger transactions can also help increase your profit potential, but also increase your potential for loss, as well.

The cost of buying into a commodity position is much lower than buying the same commodity in the traditional sense. 

A broker can charge only 5% of the transaction cost, while some traditional brokers require an upfront cash payment of up to 50% of the total.

Suppose you’re a trader without the financial capacity of a prominent institutional investor. The lower price offered by a broker can allow you to enter substantial positions even with a small deposit.

Here are some ways you can invest in commodities without directly trading in the underlying asset:

• Exchange-traded products (ETFs): ETFs and ETCs (exchange-traded commodities) are cost-efficient ways to invest in commodities. You can use ETFs to analyse an index’s performance and ETCs to track commodity prices.
• Commodity-based company shares: Companies producing, mining, or processing commodities can benefit from rising commodity prices by selling these products at a higher price.
• Collective investments: Commodity funds and investment trusts can provide investment opportunities in a portfolio of companies working with commodities like agriculture, energy, and precious metals.

Taurex allows trading commodities through competitive leverage, hedging strategies, and low margin requirements. We offer trading opportunities for the following commodities:

• Metals like gold, silver, platinum, and palladium
• Crude oil (USOIL and UKOIL)
• Natural gas (XNGUSD)
• Gasoil
• Cocoa
• Coffee
• Sugar
• Cotton

Commodities are inherently linked to an organised society’s development. 

For instance, mining and agriculture are human activities deeply ingrained throughout history. People used to trade commodities for another, like a copper ingot for sugar or a bushel of grain for oil. 

As economies and societies develop, the trading and usage of commodities may also follow.

Some of the well-known commodities you can trade are energy assets that include the following:

• Brent crude oil: The oil comes from Europe’s North Sea oil fields. Brent oil acts as the world’s leading indicator of oil prices.
• WTI crude oil: West Texas Intermediary (WTI) is the second most traded crude oil. Traders exchange about 1.2 million WTI futures on the New York Mercantile Exchange (NYMEX).

Natural gas: This commodity is the third most traded commodity by volume. You can buy and sell natural gas in futures markets on exchanges like NYMEX.

The volatility of the energy market may present favourable opportunities and risks for hedgers and speculators. 

For instance, crude oil prices tend to be highly volatile due to changing demand, economic health, pipeline changes, and political events.

Examples of energy commodities include crude oil, natural gas, ethanol, heating oil, gasoline, and uranium (needed for nuclear energy).

Livestock commodity trading includes buying and selling futures based on the farm animals’ value. Trading primarily revolves around cattle and pigs on markets like the Chicago Mercantile Exchange (CME).

Futures contracts involving livestock commodities trading on the CME include:

• Live cattle options: Cattle ready for slaughter and weighing more than 1,050 pounds (lbs)
• Lean hog options: Hogs weighing around 250 lbs and ideal for slaughter
• Feeder cattle options: Weaned calves not more than 800 lbs
• Pork cutout options: Pork carcass cutouts like ham, loins, and ribs

Livestock markets are usually volatile because factors like feedstock prices, transportation costs, livestock supply seasonality, disease risk, and weather can drive price changes.

For example, rising meat prices can help increase supply, allowing farmers to bring more animals to the market and take advantage of those high prices.

Metal trading is the buying and selling of futures and options of metals and includes the following categories:

• Precious metals: This category includes gold, silver, palladium, and platinum.
• Ferrous metals: Products include iron ore and steel.

Base metals: These nonferrous (without iron) products include copper and aluminum.

The global market for agricultural commodities is among the most heavily traded markets.

Transactions involve the following:

• Futures: These are contracts to sell or buy a commodity at a fixed date and price.
• Options: These are contracts that give you the right, not the obligation, to trade a security at a fixed price and date
• Commodity indices: These are weighted averages that track the price of a basket of commodities based on spot or futures prices.

Major agricultural categories include:

• Grains and oilseeds: Products include wheat, corn, barley, oat, and soybean.
• Fertilisers: The most-traded products include urea and UAN (urea-ammonium nitrate) fertiliser derivatives.
• Dairy: These milk and dairy products include cheese, non-fat dry milk, class III milk (spreadable and hard cheeses), and class IV milk (butter, evaporated, and condensed milk).

Lumber and softs: Lumber refers to softwood harvested from coniferous trees. Softs include sugar, coffee, and cocoa.

The commodities market is not just one marketplace but a collection of regulated exchanges worldwide. Learn about the different commodity markets in the following sections.

Commodities consist of products with a standard quality and whose demand is high enough to get exchanged across different markets.

You can generally trade these assets by speculating their future value to make a profit.

However, manufacturers can also trade commodities to hedge their positions against the materials’ price fluctuations that may adversely affect the business.

Whether you trade hard or soft commodities, demand and supply usually impact their prices, and various macroeconomic events can influence the value of these assets.

Having a variety of commodities can help make your portfolio more diverse. The benefits of commodities trading include the following:

• Protection against inflation: Commodities can increase in value during periods of inflation.
• Precious metals as a hedge during adverse market conditions: Gold is usually negatively correlated to the US dollar (USD) and U.S. stocks, meaning when currencies and shares drop in value, gold is likely to move the other way.
• Potential for large profits: Commodities usually trade on margin (buying and selling assets using borrowed money), giving you a higher potential for returns and risks.

Low startup costs: Some brokers allow you to start trading with only £500. For example, Taurex’s Standard account allows trading for a £500 account minimum.

When you trade commodities, you place your stake on a particular commodity’s future value. If you believe its price will rise, you may want to buy that asset (going long). If you think the price will fall, you can sell the commodity (going short).

Like stocks, commodities can be bought and sold on exchanges. Some of the well-known ones are the London Metal Exchange (LME), Chicago Mercantile Exchange (CME), and Tokyo Commodity Exchange (TOCOM).

You can trade a wide range of commodities, including fungible ones (those of the same quality or grade) that can be priced based on a standardized quantity and quality.

Commodities consist of mined, grown, reared, or processed materials coming from natural resources or agricultural products. You can categorise these assets into hard and soft commodities.

Hard commodities are mined or extracted goods, such as precious metals, oil, and coal.

Soft commodities include wheat, coffee, meat, and cotton.

People use commodities daily. The food you eat, clothes you wear, and gadgets you use come from numerous ingredients or components using one or more of these commodities as raw materials.

Due to the necessity and daily use of commodities, supply and demand can significantly affect the price movement of these assets. Higher demand can lead to higher prices, and more supply can decrease prices.

Thus, pay close attention to supply and demand, as they can help you determine when to buy and sell commodities.

Suppose you want to buy 50 bushels of wheat. Aside from the price, you’ll have to consider transportation costs, delivery time, and warehouse storage. And when you sell the commodity, your buyer must also consider these factors.

However, with derivatives, you don’t need to own the physical commodity. Instead, you buy a contract based on the underlying asset’s value. 

Through derivatives, you have a chance to profit from commodities just by financing the transaction (paying for the contract without owning the asset). Furthermore, leverage gives you more freedom and a chance to profit significantly from small price changes but can also carry the risk of equally significant losses.

To start trading commodities online, sign up with a licensed and reliable online broker that offers commodities trading.

After opening an account, choose a commodity by taking a position and buying or selling that asset. Afterwards, monitor your trades to determine when you should exit your position and take profits.

Disclaimer: The products or services discussed in this article may not be offered by Taurex and may only be listed here for educational purposes.

Commodities are raw materials like agricultural products, fossil fuels, and mineral ores. You can trade these physical goods in a financial market distinct from other securities like stocks and bonds.

The end of March 2023 saw global commodity prices fall roughly 30% below their historic June 2022 peak. According to the April 2023 World Bank Report, the price slump was mainly caused by slowing economic activity and a worldwide reallocation of commodity trade flows. 

Another reason was the favourable winter weather that helped bring natural gas prices down by about 80% from their August 2022 maximum.

Policies hastening the energy transition help increase demand for metals like copper, lithium, and nickel and discourage fossil fuel production.

Such developments can help traders identify new trends in commodity trading. Trends help traders determine how to manage their portfolios to account for economic downturns.

But how do you trade commodities online, and what types of commodities can you trade? How can you improve your commodity trading if your profits aren’t doing well?

This article discusses the different commodities you can trade and provides tips to help you improve your trading skills and manage risks.

Commodities CFD trading is a form of investment that involves buying and selling contracts for difference (CFDs) on raw materials or primary goods such as energy resources, precious metals, agricultural products, and industrial metals. Unlike traditional commodities trading, where you would buy or sell the physical commodity, in CFD trading you trade contracts that mirror the price movements of these commodities.

Absolutely, Taurex offers a demo account for those keen on practicing commodities trading strategies and getting acquainted with the trading platform. The demo account is equipped with virtual funds, letting traders engage in trading in a no-risk setting. This is an excellent way for traders to build experience and bolster confidence prior to diving into trading with actual capital.

Taurex typically provides traders with a range of tools and resources to analyze commodity markets. These may include market research reports, educational materials, technical analysis indicators, economic calendars, and expert insights. Such resources can assist you in making more informed trading decisions.

When analyzing commodity prices, it’s important to consider factors like supply and demand dynamics, geopolitical events, economic data, weather patterns (for agricultural commodities), currency fluctuations, and global market trends. Additionally, staying updated with news and market analysis can help inform your trading decisions.

Trading commodities offers unique advantages, such as portfolio diversification, the ability to profit from global supply and demand dynamics, and the potential for significant price volatility that can create trading opportunities.

Manual trading involves making trading decisions based on your own research, analysis, and strategies. Copy trading allows you to automatically mirror the trades of experienced traders (signal providers) in real-time. This means that when a signal provider makes a trade, the same trade is executed in your account, providing an easy way to follow successful traders effortlessly, without constant monitoring.

To link your account for copy trading, you first need to sign up on the Taurex platform and create a trading account. Once your account is set up, download the Copy Trading by Taurex app, available for iOS and Android.

Connect your Taurex account to the app, where you can explore trading strategies and choose a signal provider to follow. Please note, your account must have a minimum balance of $100 to link it for copy trading, a requirement set by Pelican, the service provider, not Taurex.

To copy a trader, first select the account you would like to copy and then click on the “Copy” option. In some cases, you may need to complete a Suitability Form. After completing the form, select your copy size:

• Proportional by Equity: Your trade size will be proportional to your account equity relative to the signal.
• Mirror Master Size: Your trade size will match the signal provider’s trade size, regardless of your account equity.
• Fixed Size: Your trade size will be fixed for all trades.

Decide whether you want to copy the trades that are already open by the signal provider, and whether you want trades to be rounded to the minimum trade size, even if the calculated copy size is smaller than what your broker allows.

Choosing the best signal provider involves evaluating the provider’s past performance, trading strategies and analytics. Consider your trading goals and compare them with the signal provider’s performance rate and returns and the types of assets they trade.

Although hassle-free, copy trading is not risk-free, as with any form of trading. Your success depends on the performance of the signal provider and is subject to market shifts. To mitigate risk, you are advised to review the signal provider’s past performance, keeping in mind that it does not guarantee future results.

Before downloading the Copy Trading by Taurex app, please ensure that your device has enough storage space and a strong internet connection. If the problem persists, please contact [email protected].

The performance fee in copy trading is a percentage-based fee set and charged by the signal provider based on the profits generated from their trades in your account. The specific rate can vary between different signal providers and is only applicable when the trades are successful.

Performance fees can be calculated instantly, daily, weekly, or monthly, depending on the signal provider’s preference. These fees are deducted in arrears, based on the total aggregate profit achieved, considering all closed and open positions, and are subject to a High Watermark. Each signal provider’s copy trades are considered independently, meaning losses from one signal do not affect the performance fees owed to another.

The High Watermark is based on the highest value that a client account has achieved, i.e., performance fees will only apply if the copier continues to increase their profits. The watermark is reset each time the copier increases their profits; the gain minus the performance fee becomes the new benchmark.

If a copier occurs losses, the watermark remains the same, and performance fees will only apply again once those losses are recovered and further profit is made. If a copier exceeds the High Watermark but then incurs losses within the same reporting period, reducing their profit back below the High Watermark, the performance fees will roll over to subsequent reporting windows (e.g., the next day, week, or month) and be paid once the losses are recovered.

To cancel a copy trade, go to the list of active trades in the copy trading section of your Taurex account. Select the trade you wish to cancel and follow the on-screen instructions to stop copying the trade. You can also adjust your settings to stop mirroring the trading activity of the signal provider altogether if you no longer wish to copy any of their trades.

The minimum stake for copy trading with Taurex varies depending on the signal provider and the specific trading instruments used. Generally, the minimum lot size is 0.01. If your balance is not sufficient, the trade will not open. For detailed information, refer to the Terms and Conditions page related to copy trading.

Copy trading is a form of social trading where investors can automatically mirror the trading activities of selected traders, often referred to as “signal providers,” in their own trading accounts. This is not exclusively for new traders; anyone looking for diversification, time efficiency, or wishing to minimize manual trading can benefit. By replicating high-performing strategies in real-time, you can integrate varied tactics into your own trading portfolio.

To start copy trading with Taurex, simply download the Copy Trading by Taurex app and connect it to your MT4 or MT5 account. Then, choose a trader whose strategy aligns with your goals, decide on the amount you wish to invest, and start copying their trades. Copy trading is an easy way to diversify your trading strategy, while also engaging with a dynamic trading community.

Copy trading with Taurex offers numerous benefits. It provides access to a range of high-performing strategies and saves you valuable time by allowing you to automatically replicate the trades of selected signal providers. This approach also offers potential for diversification across multiple strategies.

You can simply visit the App Store or Google Play, depending on your mobile device, to download and connect to your trading account.

Taurex offers competitive spreads with no hidden fees. However, depending on the position, overnight financing charges may apply.

Taurex offers multiple platforms, including MT4, MT5, and our native trading app, available on web, desktop, and mobile devices.

Yes, with Taurex, you can trade ETFs CFDs with leverage, giving you greater exposure to market movements with a smaller initial investment.

ETFs (Exchange Traded Funds) are investment funds that hold a collection of assets, such as stocks or commodities, and are traded on exchanges. Trading ETFs allows you to access a diverse range of markets and sectors in a single trade, offering flexibility and diversification.

ETFs CFD trading involves trading contracts for difference (CFDs) on ETFs, allowing you to speculate on price movements without owning the underlying assets.

Yes, a fee waiver is available if you meet a certain trading volume. Please contact our support team for the exact details.

FIX API is generally available across all account types. However, for any specific requirements or exceptions, we recommend you reach out to our support team.

Yes, the beauty of FIX API is its versatility – it can interface with multiple trading platforms. You can contact our support team to know the specifics.

As of now, Taurex does not offer a trial period for FIX API. It’s available on request and subject to a monthly fee, which can be waived under certain conditions.

While FIX API is straightforward to use for the average trader, some technical knowledge might help maximize its potential. No special equipment is needed, but a stable internet connection is essential for optimal performance.

In forex trading, you’ll be buying one currency while simultaneously selling another, aiming to benefit from the changes in exchange rates between the two. While you can employ strategies and leverage to navigate the market, it’s important to proceed with caution, as the forex market is known for its volatility and the potential for rapid changes.

Leverage allows you to control larger positions in the market with a smaller amount of capital. It is a loan provided by brokers like Taurex, to increase potential returns. However, leverage also amplifies the risk, as losses are also magnified. It is important to use leverage responsibly and understand the risks involved.

A Taurex trading account gives you the ability to trade Forex and much more. You can choose among three different account types: Standard Zero, Pro Zero, Raw. For more information about the specifications of each account type, you can always visit our Account Types page.

Yes, Taurex provides a demo account option to practice your strategies and familiarize yourself with the trading platform. The demo account allows traders to trade with virtual funds in a risk-free environment, enabling them to gain experience and confidence before trading with real money.

Trading Forex with Taurex is a smart move for efficiency and peace of mind. Taurex is multi-regulated, which means you’re trading in a safe environment with strong oversight. The low costs and fair conditions are tailored to ensure that your trading operations are streamlined and efficient. Moreover, Taurex grants you access to the MT4 and MT5 trading platforms, including our native, easy-to-navigate app, which facilitates speedy and convenient market access. To help you hone your trading skills, Taurex also offers an array of valuable tools and educational webinars.

Taurex supports trading on multiple platforms, including the advanced MT5, the user-friendly MT4, and our native app, available on web, desktop, and mobile devices. 

Unlike traditional futures, Future CFDs do not involve physical delivery or ownership of the underlying asset. This makes them more accessible for retail traders and allows greater flexibility in position sizing and trading conditions.  

Future CFDs are derivative products that mirror the performance of futures contracts. They provide access to global markets, enabling traders to speculate on rising or falling prices, with flexibility and efficiency

Future CFD trading allows you to speculate on the price movements of futures contracts without owning the underlying asset. It’s a flexible way to trade key markets with fewer capital requirements. 

Booking a session is easy! Simply visit our website, click any “Book a session” button, choose a date and time that suits you, and follow the instructions to secure your session.

You can tailor the session to your interests. Topics include understanding our trading tools, exploring our platforms, and learning about the abundant resources we offer at Taurex.

Each session lasts one hour, providing ample time to delve into the topics of your choice and address any questions you may have. 

Yes, the consultation is interactive. Feel free to ask any questions related to Taurex’s trading tools, platforms, resources, or anything else you’d like to know. Our team is here to provide you with all the information you need.

Indices are numerical measures that represent the performance of a specific group of stocks or assets. They provide an overall snapshot or benchmark for that particular market or sector.  By tracking the combined value or weighted average of the constituent stocks, indices allow investors and analysts to assess the general direction and performance of a specific segment of the market.

At Taurex, you can trade major share Indices as CFDs, including popular indices like the FTSE 100, S&P 500, and Nasdaq 100. These indices represent a basket of stocks and allow you to speculate on their price movements without owning the underlying assets.

Yes, Taurex offers a mobile trading app that allows you to trade on the go. The mobile app provides a user-friendly interface, real-time market data, and essential trading features, enabling you to manage your trades conveniently from your mobile device.

The trading hours for indices CFDs can vary depending on the exchange where the underlying index is traded. Taurex typically aligns its trading hours with the exchange’s schedule. For example, trading hours for the FTSE 100 may correspond to the London Stock Exchange’s operating hours.

Opting for Taurex as your platform for trading indices is a wise decision packed with substantial benefits. Being a multi-regulated broker, Taurex guarantees a secure trading environment backed by rigorous regulatory standards. The blend of low trading costs and fair trading conditions ensures that your trading is not only efficient but also cost-effective. Additionally, Taurex provides diverse platforms, inclusive of a user-friendly native app, which means easy market access.

Metals CFD trading involves buying and selling contracts for difference (CFDs) on commodities like gold, silver, platinum, and copper in the financial markets.
Instead of purchasing the physical metals, you trade contracts that represent the price movements of these metals. This form of trading enables you to speculate on the price changes of metals without having to own them.

Our spreads for trading gold are highly competitive, and we offer you the added benefit of choosing your preferred pricing model. You can select from the Standard Zero, Pro Zero, or Raw trading account, each catering to different trading preferences. For more information and to see a detailed breakdown of our spreads, please visit the pricing table on our website.

Yes! Whether you choose a Standard Zero, Pro Zero, or a Raw trading account, you will have the opportunity to discover the metals market and choose the assets that fit your trading strategy.

Taurex provides traders with a choice of robust and feature-rich trading platforms to trade metals. You can utilize the widely acclaimed MetaTrader 4 (MT4) platform, known for its user-friendly interface, advanced charting capabilities, and comprehensive trading tools. Alternatively, you can opt for the MetaTrader 5 (MT5) platform, offering enhanced features such as additional technical indicators and advanced order types. Additionally, Taurex also offers its own proprietary trading application, the Taurex app, which provides a seamless and convenient trading experience specifically designed for mobile devices.

Taurex provides different leverage options for metals trading to suit the preferences and risk tolerance of traders. For example, traders can access leverage ratios of up to 1:100 for palladium and platinum, 1:50 for copper, and 1:500 for gold and silver. It’s important to carefully consider the risks and manage leverage effectively in accordance with your trading strategy and risk management plan. You can learn more about risk management by registering for our weekly webinars.

With Taurex, you can access a wide range of financial instruments on MT4, including forex pairs, indices, commodities.

Absolutely! MT4 with Taurex supports Expert Advisors, allowing you to automate your trading strategies. You can create or install custom trading algorithms to execute trades on your behalf.

MT4 with Taurex supports various order types, including market orders, limit orders, stop orders, and trailing stop orders. These order types provide flexibility in executing and managing trades.

Yes, MT4 with Taurex offers historical price data and advanced charting capabilities. You can analyse past price movements, use technical indicators, and make informed trading decisions.

MT5 is a widely used trading platform known for its advanced features, expanded asset classes, and powerful analytical tools. Traders prefer it for its versatility and comprehensive trading capabilities.

Absolutely, Taurex’s MT5 platform is fully accessible via both Android and iOS mobile devices. This allows you to manage your trading account, track position changes, and execute trades, all while enjoying the flexibility of being mobile.

Yes, MT5 with Taurex offers a flexible environment for custom indicator creation and algorithmic trading. You can utilize MQL5 programming language to develop your own indicators and Expert Advisors.

MT5’s interface is more intuitive and advanced compared to MT4, giving you ample space to monitor multiple currency pairs effortlessly. With a wider range of technical indicators, analytical tools, and graphical objects, MT5 empowers you to conduct in-depth market analysis and make well-informed trading decisions. The availability of more timeframes enhances your flexibility in analyzing price movements effectively. Furthermore, MT5 offers a broader selection of order types, including advanced pending orders, while its ‘Market Depth’ feature provides valuable insights into market liquidity.

PAMM (Percentage Allocation Management Module) trading is an investment structure that allows you to pool your funds and have them managed by fund managers. The profits and losses are distributed among the investors based on their share in the PAMM account.

In PAMM trading, a trader manages a consolidated trading account containing funds from multiple investors. The trader makes trading decisions on behalf of the entire pool, and profits or losses are distributed proportionally to each investor’s contribution.

PAMM trading offers benefits such as diversification across multiple trading strategies, potential for passive income, and the ability to start with relatively small investment amounts.

Profits and losses in Taurex’s PAMM Trading program are distributed based on the percentage of each investor’s contribution to the overall PAMM account. The distribution is typically calculated at the end of a predefined trading period.

Taurex’s PAMM Trading program typically employs a careful selection process for PAMM managers, considering factors such as their trading track record, risk management approach, and overall performance. The goal is to offer investors a choice of skilled and reliable fund managers.

Like all investments, PAMM trading carries inherent risks. The level of risk depends on the trading strategies employed by the PAMM manager and the volatility of the financial markets. Taurex’s PAMM Trading service offers a range of PAMM strategies with varying risk profiles, allowing investors to choose one that aligns with their risk tolerance.

To join the VIP ranks at Taurex, the first step is to open a RAW Gold account as a minimum requirement. From there, simply email our dedicated support team who’ll gladly guide you through receiving Premium support.  

VIP clients gain exclusive access to our team of professional analysts, receiving valuable market insights to enhance their trading experience. 

Our premium services, including market insights and trading guidance, are designed to enhance your trading skills. However, please note that we do not provide investment advice. 

Stock/share CFDs are derivative instruments that allow traders to speculate on the price movements of individual company stocks without owning the underlying shares. CFDs replicate the price performance of the underlying stocks, providing traders with the opportunity to profit from both rising and falling markets. It’s crucial to have a clear understanding of the risks involved and to implement proper risk management strategies, such as setting stop-loss orders and using appropriate position sizing.

Spreads refer to the tight bid/ask spreads available for trading CFDs on stocks with Taurex. These spreads represent the difference between the buying and selling price of a CFD. Tight spreads can be advantageous for traders as they minimize trading costs. With our tight spreads, traders can enter and exit positions with greater efficiency and potentially capture more favorable price movements.

Taurex may apply overnight financing charges, also known as swap rates or rollover fees, for holding stock CFD positions overnight. These charges are associated with the cost of maintaining a leveraged position beyond the daily market close. The rates can vary based on the underlying stock, prevailing interest rates, and market conditions. You should review our Pricing page to get a better understanding of any swaps that may apply.

Yes, one of the significant benefits of CFD trading is the ability to go short on Share CFDs. Going short means, you can profit from price declines by selling a CFD contract without owning the underlying shares. However, it’s important to note that CFD trading, including going short, carries certain risks. The value of Share CFDs can fluctuate rapidly, and if the price goes against your position, you may incur losses.

Yes, Taurex typically supports various order types for trading stock CFDs. This includes market orders, limit orders, and stop orders. Market orders are executed at the current market price, limit orders allow you to set specific entry or exit prices for your trades, and stop orders are used to trigger a trade once the price reaches a specified level.

To become a signal provider, you need to have a Taurex trading account and a proven track record of successful trading. Taurex typically requires signal providers to demonstrate at least six months of trading experience and consistent positive results.

Yes, signal providers can change their fee percentage, which might affect their earnings as well as their follower base number.

Taurex offers a variety of tools and resources to support its traders, including signal providers. These tools and resources comprise advanced trading platforms, a wide range of tradable assets, market analysis tools, performance analytics, and regular webinars conducted by market experts.

To increase your visibility as a signal provider, focus on maintaining a consistent and profitable trading record to enhance your reputation and attract more attention.

There is no direct cost to become a signal provider on Taurex, but a portion of the performance fees from your followers is shared with the platform as a commission. Please review the specific Terms and Conditions related to Copy Trading fee structure and commissions.

If your trading account incurs losses, it directly affects your copiers’ accounts, as their trades are mirrored based on your activity. To minimise losses, it’s crucial to employ effective risk management strategies and maintain trust with your copiers.

To view your trading history as a signal provider, log into your Taurex account and navigate to the signal provider dashboard, where you can access detailed reports on past trades, including performance metrics, profit statements, and follower activity.

Signal providing in Copy Trading refers to the role of experienced traders who allow other investors to automatically replicate their trading strategies and decisions in their own trading accounts. These traders are known as signal providers, and they share their trades with followers who wish to copy their trading activity.

To become a Signal Provider with Taurex, you need to open a trading account, download Copy Trading by Taurex, log in and connect your Metatrader account and sign up as a signal provider to start sharing your strategy.

Becoming a Signal Provider on Taurex’s Copy Trading program can offer benefits like additional income through commission or profit-sharing arrangements, the opportunity to showcase your trading expertise, and the ability to attract followers and build a reputation in the trading community.

In the U.K., spread bets are tax-free, which means traders don’t pay the capital gains tax on profits.

Margin is the amount of money a trader needs to have in their account to open a leveraged position.

Leverage is when traders use a smaller amount of capital to gain exposure to larger trading positions.

Traders go long when they bet that an asset’s price will rise, while going short denotes betting that the asset’s price will decrease.

Taurex lets you spread bet on a wide range of financial instruments, including forex, indices, commodities, metals, shares and more.

Spread betting involves choosing an asset to trade, deciding whether to go long (betting the price will rise) or short (betting the price will fall),
selecting a stake size (amount risked per point movement), and understanding the spread (the difference between the buy and sell price).
Profits or losses are determined by the difference between the asset’s opening and closing values, multiplied by the stake size.

As with all trading, spread betting involves risk. Some of the main risks involved with spread betting include the use of  leverage, which can increase
profits or magnify losses, potential market volatility, where a sudden price movement can result in a significant loss, and the lack of control over
the underlying asset.

Some of the advantages of spread betting include the use of leverage, which allows traders to magnify their profits and losses by trading on margin,
tax-free profits in the U.K., flexibility and access to a wide range of markets.

Spread betting is a way for traders to speculate on the price movement of financial instruments including forex, shares, commodities, metals and more.

Tap on the “Positions” tab to view your open positions for the selected instrument, giving you immediate insight into your current trades. You can also see a summary of your open positions under the “Portfolio” tab.

When you tap on an instrument in your watchlist, more details about the instrument will be displayed, along with ‘Sell’ and ‘Buy’ buttons. To open a position or order and start trading, click on either the “Sell” or “Buy” buttons.

Under the “Discover” tab you’ll find a search bar, as well as a list of the different instruments. You can either use the search bar to find a specific instrument, or browse the category list to identify an instrument you want to keep an eye on. To place the instrument on your app’s watchlist, simply click on the + icon.

The Taurex trading app watchlists lets you monitor up to 20 different instruments.

The colour of a price in the Taurex trading app indicates its movement. Green means the price is increasing, while red means the price is decreasing.

In the Taurex Trading app, a watchlist is a personalised feature that allows you to monitor and track specific assets you are interested in. By adding currency pairs, stocks, commodities, or any other financial instruments to your watchlist, you can quickly view their current prices and execute your orders faster!

To add funds, simply tap on any ‘Add Funds’ button found throughout the app interface. You’ll be directed to the client area, where you can select your preferred payment method and specify the amount you wish to deposit.

To make a trade with the Taurex app, please follow these steps:
1. Under the ‘Portfolio’ tab, select ‘Discover Assets’ and add your preferred assets to your watchlist.
2. Tap on the name of the asset you wish to trade, then choose either the ‘Buy’ or ‘Sell’ button.
3. Determine the size of your position, set your stop loss and take profit targets.
4. Finalize your trade by hitting the ‘Buy’ or ‘Sell’ button to execute your order.

The Taurex trading app lets you trade CFDs in Forex, Metals, Commodities, Shares and Indices.

You do not need to spend money to use the Taurex trading app with a demo account, however, to use its full features and trade in the real markets you will need to fund your account.

No. The Taurex trading app is completely free to download.

The Taurex trading app allows you to deposit, withdraw and trade everywhere you go. Create asset watchlists to keep an eye on potential trades, easily monitor your portfolio and preferred assets with simplified charting, and enjoy fast execution at your fingertips.

Yes, security is our top priority. The Taurex app uses advanced encryption and security measures to keep your data and investments safe.

To use the Taurex trading app, you must

1. Download and install the app on your device.

2. Register for a Taurex account.

03. Create an MT5 account.

4. Link your MT5 account to the Taurex app.

Yes. You can test out the Taurex Trading App using a Taurex demo account and free virtual funds.

The Taurex Trading App supports every Taurex account option – Standard Zero, Pro Zero and Raw.

At the moment, the Taurex trading app isn’t available for iPads or other tablets. However, we’re actively exploring options to bring it to more devices! Stay tuned for updates.

Yes. The Taurex trading app is available for iPhone users at the Apple App Store.

Yes. The Taurex trading app is available for Android phone users at the Google Play Store.

For help and to have your questions answered about the Taurex trading app, contact [email protected] or you can click the “Customer Support” button under the “More” tab in the Taurex trading app.

You can reset your Taurex trading app password by tapping the “Forgot Password” option on the app’s login screen.

1. Restart your device.

2. Redownload and reinstall the app.

Withdrawal fees are reviewed periodically and may be updated to reflect changes in processing costs or other factors. Please refer to our Legal Page to review our Payment Policy and Terms and Conditions for the most up-to-date information.

No, the withdrawal fee is not displayed before you confirm your withdrawal request. However, you will be able to see it once your withdrawal has been processed. For detailed information on withdrawal fees before initiating the transaction, please refer to our Legal Page to review our Payment Policy and Terms and Conditions or contact our support team.

Yes, there are limits on total withdrawal amounts, which may vary depending on the withdrawal method and your account type. For detailed information on withdrawal limits, please refer to our Legal Page to review our Payment Policy and Terms and Conditions or contact our support team.

The time it takes for funds to be sent back to you depends on the withdrawal method selected. Bank transfers typically take 3-5 business days, while e-wallet withdrawals are usually processed within 24 hours. Please check the specific timelines for each method on our website or contact our support team for more details.

Our withdrawal fees vary depending on the withdrawn amount, method and currency used. To find the specific fee for your chosen method, please refer to our Legal Page to review our Payment Policy and Terms and Conditions. Alternatively, please contact our support team for detailed information.