About Global Auto TradesFx

Global Auto TradesFx FAQ

Frequently Asked Questions

Global Auto TradesFx is a licensed and regulated broker headquartered in Edinburgh, UK.
We are involved in Cryptocurrency trading on a very large scale.

Cryptocurrency, is a decentralized digital currency that can be exchanged directly from peer to peer.
Some of the advantages of using cryptocurrency is that purchases can be made without any middle men or transaction fees and can be made anonymously.
It's a digital form of cash flow. You could use your own bank account as an example. You can go to the bank and take out coins and bills, of which there is a limited number. Money is all about a verified entry in some kind of database of accounts, balances and transactions.
Only "miners" of the cryptocurrency can confirm transactions, though in principle, everyone can be a miner. But the miner's job in the cryptocurrency environment is to take transactions and verify them. By providing this service, miners get rewarded with digital tokens.

An asset is the stock, currency, index or commodity on which the option contract is based. (example: the EUR/USD (the Euro and US dollar)) can act as the asset for an option.

A Hi option earns you a profit when the asset price at expiry time is higher than the purchase price. For Ex: If you buy Google (GOOG) at 618.48 at 10:00 AM and choose that it will be higher than 618.48 at 11:00 AM. If it is higher than 618.48 at 11:00 AM you have made a profit.

You can register on the site by yourself from the registration page.

No, you do not have to deposit money to register.

If you have any problems with the registration process, you will need to contact support via email at support@globalautotradesfx.com

You can make deposit from your dashboard after logging into your account.
Accepted payment methods include : BANK WIRE, BTC, LTC, ETHEREUM, MONEY GRAM, and WESTERN UNION.

Depending on the deposit method, BTC & alt coins take minutes while bank transfer can take up to two working days.

It's fast and easy. As soon as we receive payments for your order, trading starts immediately.

In the case of a Hi option out-of-the-money means that the asset price closed below the purchase price. A Low option is out-of-the-money when the asset price closes above the purchase price. A Hi or Low option that is out-of-the-money will result in a loss to the trader.

In-the-money means that in the case of a Hi option the asset price closed above the purchase price. A Low option finishes In-the-money when the asset price closes below the purchase price. A Hi or Low option that is in-the-money will earn the trader a profit.

The expiry time is the pre-determined time that an option ends with the result of in-the-money or out of-the-money.

The assets that are available to trade are a wide range of Currency Pairs, and Cryptocurrencies.

Once Investor A refers Investor B, Investor A is entitled to the 5% referral bonus on whatever is deposited by investor B.

Initial Minimum deposit required to start trading on our platform is 500USD, while there is no minimum for subsequent top-ups.

You can register for a bitcoin wallet at Blockchain.info

Your funds and data are highly protected by Comodo SSL and held in a separate account by the billing company.
With COMODO SSL/HTTPS and Regulation from Commodity Futures Trading Commission (CFTC).

You may withdraw any amount up to your remaining balance.

To withdraw funds, please log into your account and make a withdrawal request. Our accounting department will receive your request and proceed within 1 business day. Up to the deposit amount, withdrawal will ALWAYS be sent back to the payment method used to fund the trading account.
Please note, in order for a withdrawal request to be processed, your account must be fully verified.

Margin Trading is trading financial instruments based on Margin which is a guaranteed deposit based on a certain percentage that is requested from clients in order to open a new position. Margin guarantees the coverage of losses made by the client in the case that the market moves against him. Deposits are transferred back to the account when position is closed or hedged. Investors are required to maintain a minimum amount of funds for each open position held in their trading account, in accordance with the chosen leverage. These funds are known as Margin Requirements and are considered to be a guarantee and not a cost. Leverage is defined as borrowed capital, such as margin, used to increase the potential return of an investment. In cases where the client uses leverage for an investment and the market moves in the opposite direction to the client’s expectation, the loss on the investment is much greater than what it would have been if the investment had not been leveraged. Leverage magnifies both profits and losses. The higher leverage, the higher the level of risk and the higher possibility of a profitable return or loss. Once the Free Margin/available margin of a trading account falls below Margin Call level, the trading account is considered to be on Margin Call. The client is recommended to add new funds to his/her trading account in order to bring the Free Margin of the trading account to its required level. In cases where the trading account is not supported with additional funds and the Free Margin falls below the stop out level, the trading account will be stopped out.