You can generate the report on your trading activity on the trading platform.Simply right-click “Account history” in the MT4 terminal window , set the time period (e.g. 1 year, 1 month, 1 week) by selecting “Custom period”, and then right-click on “Save report”.
Category: faq
My trade was closed but the trading platform doesn’t show that price on the candlestick chart.
On the MT4 platform, the chart is based on the price of the BID. Outside of normal market conditions, the spreads we offer may be so wide that there may be occasions when the market is settled in areas of the chart that do not exist. We use the NDD method of execution to get… Read more »
What are the steps to open a trading account?
Sign up for free. It takes about 5 minutes and you will need a photo of your passport or drivers license.
Which currencies can I use to deposit?
We offer basic currency in USD, EUR and JPY.
How long does it take to open an account?
It takes about five minutes to fill out the form. On average, it takes about an hour for our compliance team to approve your submission.
Can I apply for a corporate account?
Yes, you can. The documents necessary may vary so please contact support@miltonmarkets.com for for info.
If I want a second account, do I need to submit another application?
No, this is not required if you have already opened an account. Please created an additional account in your customer portal.
I would like to open a demo account.
We offer a No Deposit Bonus so you can try trading without the risk. To request a demo account, please contact our customer support team with your name, email address and purpose.
How do I update my personal Information
Please go to “My Page”. You may be asked to submit the documents again if there are any changes.
My name has changed. I would like to change it.
Please submit a document showing your old name and your new name on the same side or an official document showing the change.
How can I make a deposit into my account?
You can make deposits and withdrawals via bank transfer (international money transfer) and payment service provider (Bitwallet).
What is the minimum deposit amount for Elite and Elite Plus accounts?
In order to use an Elite or Elite Plus account, you must deposit a specified amount into each of these accounts. Please see here (http://miltonprime.com/ja/account-types/)
Can I visit your offices?
You are more than welcome to visit our office. We kindly ask you to inform us in advance with a date and time. Our company HQ is in Nicosia, Cyprus.
Where are you based?
Our company HQ is in Nicosia, Cyprus. But we have support teams all over the world.
Do you have an FX license?
Yes, we are licensed and regulated by CySec in Cyprus, SFSA in Seychelles and VFSC in Vanuatu
Can I trade binary options?
No, our trading platform ddoes not offer binary options.
What is ‘LP’?
LP means Liquidty Provider.
Can I become an IB
Yes, please see out Partnership page: http://miltonprime.com/partnership/
Do you offer CPAs
Yes, we may offer CPA. Please contact us directly.
Do you provide tick data?
Unfortunately, we do not offer tick data.
Do you offer FIX API connectioned?
Reagrding FIX API connection please contact our support team.
What is BitWallet?
BitWallet is Payment Processor like Neteller.
How do I deposit via Bank Wire?
You can see bank wire details in the customer portal.
What is the minimum deposit?
The minimum deposit is 300USD / 300EUR / 30,000JPY.
How long does it take for my deposit to show up in my account?
When can I withdraw my funds?
You can withdraw your funds at any time. Please submit a withdrawal request in the customer portal.
How long will it take to get my funds back into my bank account?
It will take about 5 business days.
Can I transfer my funds to someone else’s account?
No, it is not possible to trasnfer funds to another peron’s account.
Can I transfer funds between accounts?
Yes you can. Please log into your customer portal.
Will I lose my credit bonus?
If you make a withdrawal, you will lose your trading bonus.
How can I check the status of my account?
To see status, please log into your customer portal.
Can I hege a trade?
Yes, we allow hedge trading on our platform.
Can I change the currency type of my trading account?
Unfortunately, we cannot change the currency denomination of an existing account. You will need to open an additional account in your customer portal.
Can I change the type of my account?
Unfortunately, we cannot change the type of an existing account. You will need to open an additional account in your customer portal.
Can my account go negative?
Yes, your account may go negative in some rare cases. Please contact support if this happens.
What is stop loss?
Stop loss is an order for closing a previously opened position at a price less profitable for the client than the price at the time of placing the stop loss. Stop loss is a limit point that you set to your order. Once this limit point is reached, your order will be closed. Please note… Read more »
“What is the maximum leverage? How do I change my leverage? “
The max leverage for an account is 1000:1 using the Smart Account. You can change the leverage of your trading account in the Customer Portal.
What hapens if I lose the bonus amount?
You can continue trading with your own balance. You can participate in other bonus promotions.
What types of bonus promotions do you offer?
Please see our Promotions page to see all offers: www.miltonorime.com/promotions
Can I trade during news announcements?
Yes, your account may go negative in some rare cases. Please contact support if this happens.
What is margin / margin level / free margin?
Margin is the required amount in the base currency of the trading account needed to open or maintain a position. When trading forex, the Required/Used Margin for a specific position = Number of Lots * Contract size / Leverage. Here the result is originally calculated in the first currency of the traded pair, and then… Read more »
Is scalp trading allowed?
Yes, our trading platform allows scalping.
Are EAs allowed?
You, our trading platform allows EA trading.
How can I calculate 1 pip of profit or loss?
Amount of Base Currency*Pips= Value in Quote CurrencyValue of 1 pip in EUR/USD= 1 Lot (100 000 €)*0.0001= 10 USDValue of 1 pip in USD/CHF= 1 Lot (100 000 $)*0.0001=10 CHFValue of 1 pip in EUR/JPY=1 Lot (100 000 €)*0.01= 1000 JPY
Do you have slippage?
Slippages hardly ever occur in our trading platform. Sometimes, however, especially when important economic news is released, due to a sharp rise/fall in the market price, your order may be filled at a different rate than you requested.
Why are rollover rates tripled on Wednesdays?
When placing a trade in the spot forex market, the actual value date is two days forward, for instance, a deal done on Thursday is for value Monday, a deal done on Friday is for value Tuesday, and so on. On Wednesday, the rollover amount is tripled to compensate for the following weekend (during which… Read more »
How many lots can I place?
You can place up tio 50 lots per position.
What is one-click trading? How can I enable it?
One-click trading allows you to open positions with just one click. When you want to close a position, however, one click does not work and you will need to close it manually. To enable one-click trading on the left corner of your chart, you will find an arrow. By clicking that arrow you enable one-click… Read more »
How do I add an expert advisor?
To add an expert advisor (EA), first you need to open the MT4 Client Terminal, click on File on the top navigation menu, and click Open Data Folder in the drop-down menu. In the open Data Folder click on MQL4 and Experts. The Experts folder is where you can add the expert advisors (EAs). Paste… Read more »
Can I change the time zone in MetaTrader?
No, you can’t. The time zone of our trading servers is always GMT+2 winter time and GMT+3 summer time. GMT time setting avoids having small candlesticks on Sundays and therefore allows the running of technical analysis and backtesting to go more smoothly and straightforward.