FAQ


  • What is Base Asset?
    • This is a currency pair, index, share, goods or other financial assets that makes up the base for creating a deal.

  • What is an investment amount?
    • It is the amount of trader's sum which will be invested into an asset.

  • How to start trading?
    • In order to start trading, you have to specify the investment amount in the asset, choose asset and its expiration time. You can use fixed investment amount from the ones offered by default. Then choose “Sell” or “Buy” in accordance with your asset direction forecast and your trade will be processed immediately.

  • What will I get for winning deal?
    • successful trade brings you guaranteed profit, which is specified on the site for a definite asset that you choose.

  • What is expiration level?
    • This is the level of deal processing. The cost of asset at the moment when it closes its validity. In other words, “at the moment of expiration”.

  • What is expiration time?
    • It is the date and time of asset's term expiry.

  • What is “in-the-money”?
    • Your forecast is correct, you will receive your deserved profit.

  • What is “out-of-the-money”?
    • Your forecast is not correct, you lose your investment.

  • What is Strike-price?
    • It is actual asset price at the moment of contract purchase.

  • Why cannot I start trading?
    • All our trading assets are available during the specified trading time. Such situation can hardly rarely occur due to technical issues that will be fixed within the shortest time. Also, you are not able to trade in case you have insufficient amount of funds on your trading account.

  • Where can I check the exact trading hours for each asset?
    • You can find the detailed information about the offered assets, their description and expiration terms in the “Assets” section of the site.

  • Which currency can I replenish my account with?
    • You can replenish your account in the US dollars.

  • Which currency can I withdraw funds?
    • The same currency you deposited.

  • What is the minimum deposit for trading account?
    • Different minimum deposit is stipulated for each trading account. We recommend to start working from $300.

  • Can I deposit my trading account and start trading?
    • You can, but you should know that it is necessary to fully verify your account in order to withdraw funds.

  • Where can I find my trading account history and find out transaction progress?
    • For this purpose, you have to pass authorization on the site, enter your personal profile and go to “Billing” tab. There you can find the necessary information of the account.

Glossary

  • Trend – is an explicit price change in a definite direction.
  • Fundamental analysis is an analysis based on assessment of economical situation in the world through news tracking. Speeches by heads of states, claims by owners of leading corporations – all these influence the assets and the future price movement can thus be predicted.
  • Technical analysis is an analysis that takes into consideration price history of an asset according to chart in order to forecast the future price change.
  • Deposit is an amount of funds invested by a trader for trading.
  • Minimum (initial) deposit is a minimum amount of funds that trader should deposit in order to trade. In BiFoBroker company, this amount is $100.
  • Quote is the price of an asset.
  • Bonus funds are additional funds that BiFoBroker company credits to trader's account.
  • Trading hours are operational time of world financial and fund markets.
  • Stock exchange is an organized and systematically functioning market for purchase and sale of shares, bonds and other securities.
  • FAQ – Frequently Asked Questions.
  • Price flow is the flow of prices that ensures actual quotes for our platform (liquidity) and is formed as the result of aggregation of feeds from well-known financial corporations, for instance, Morningstar, Bloomberg, Dukascopy, FxPro, LMAX.