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Fundamental and technical, traders find MetaTrader the ideal solution thanks to its robustness and user-friendly interface. The mobile versions of our platform allow you to work with the same functionalities.

At ALB the leverage offered to clients is dependent on their classification as either a professional or retail client.

For the professional client, the leverage is up to 1:100.

For the retail client, the leverage is up to 1:30.

The leverage offered and margin level is dependent on the financial instruments being traded. Please refer to the section titled Our Competitive Spreads, which will provide a more in-depth explanation of our products and spreads offered for the respective client account types.

At ALB, the minimum account size is $200.00. ( €200.00 )


At ALB, the minimum lot size is 0.01.


A pip, short for percentage point, is a very small measure of change in a currency pair in the forex market. It can be measured in terms of the quote or terms of the underlying currency. A pip is a standardized unit and is the smallest amount by which a currency quote can change. It is usually $0.0001 for U.S.-dollar-related currency pairs, which is more commonly referred to as 1/100th of 1%, or one basis point. This standardized size helps to protect investors from huge losses. For example, if a pip was 10 basis points, a one-pip change would cause greater volatility in currency values.


A CFD, or contract for difference, is an agreement to exchange the difference between the opening and closing price of the position under contract, rather than buying and selling the underlying security outright.


By a process called segregation of funds, the forex broker maintains the client’s funds in segregated client accounts completely separated from the broker’s own funds. All client funds deposited with the broker are fully segregated in accordance with strict policies and procedures.

A stop-loss order is an order placed with a broker to liquidate security when it reaches a certain price. Stop-loss orders are designed to limit an investor’s loss on a position in a security.

 

A stop-loss order can be placed at the moment of entering the trade or whilst the trade remains open. Stop-loss orders can be placed on open positions as well as pending orders and can be manually adjusted at any time perhaps to reflect changes in market conditions or due to re-evaluating risk. However, it is not advisable to tinker with your stop loss especially when already in a losing position as a stop loss is designed to mitigate loss and protect the individual’s account from excessive loss.

A stop loss is used to exit all positions. The trader sets a stop loss on each trade at a price level they wish to exit a losing position. This is a regular stop loss and is used as the only exit plan for a losing trade.

A trader can manually also exit trades as opportunities arise, and conditions change but may set a worst-case stop-loss order to limit losses in case a manual exit isn’t possible or doesn’t occur.

Having a stop loss doesn’t necessarily mean that your position will be exited at the predefined price especially in a fast-moving market where this is high volatility due to slippage, but your stop loss will be triggered at the next best price available mitigating excessive loss even though in this instance you may have received a worse than expected fill and a greater than anticipated loss.

Yes. Expert Advisors are fully compatible with our MT4 and MT5. If you have any questions regarding Expert Advisors, please contact our Customer Support.

If your pending order has not been executed, it may be because you did not have sufficient funds to open the position when the pending order was triggered. If this is the case, the deleted pending order will appear in your account history.


 

Alternatively, your pending order may not have been executed because the specified price was not reached. Please note that for pending Sell Orders, the bid price must reach your specified level; for pending Buy Orders, the ask price must reach your specified level.

Slippage is part of trading and is common in the forex market. It occurs at times of high volatility or low liquidity, as well as during major news announcements or during the release of important economic data.

 

ALB takes all necessary steps to protect traders against market volatility, and our clients benefit from a highly-advanced trade management system that mitigates the risk of negative slippage and guarantees execution at the best available price.

Every discipline has its jargon, and the currency market is no different. Here are some terms that a seasoned currency trader should know:

 

Cable, sterling, pound: nicknames for the GBP
Greenback, buck: nicknames for the U.S. dollar
Swissie: nickname for the Swiss franc
Aussie: nickname for the Australian dollar
Kiwi: nickname for the New Zealand dollar
Loonie, the little dollar: nicknames for the Canadian dollar
Figure: FX term connoting a round number such as 1.2000
Yard: a billion units, as in “I sold a couple of yards of sterling”

Foreign exchange, or forex, is the conversion of one country's currency into another. In a free economy, a country's currency is valued according to the laws of supply and demand. In other words, a currency's value can be pegged to another country's currency, such as the U.S. dollar, or even to a basket of currencies. 

A country's currency value may also be set by the country's government. However, most countries float their currencies freely against those of other countries, which keeps them in constant fluctuation. The value of any particular currency is determined by market forces based on trade, investment, tourism, and geopolitical risk. Every time a tourist visits a country, for example, they must pay for goods and services using the currency of the host country. Therefore, a tourist must exchange the currency of his or her home country for the local currency. Currency exchange of this kind is one of the demand factors for a currency.

The foreign exchange market is the "place" where currencies are traded. The need to exchange currencies is the primary reason why the forex market is the largest, most liquid financial market in the world with over $5 trillion volume per day. One unique aspect of this international market is that there is no central marketplace for foreign exchange. Rather, currency trading is conducted electronically over-the-counter (OTC), which means that all transactions occur via computer networks between traders around the world, rather than on one centralized exchange. The market is open 24 hours a day, five and a half days a week, and currencies are traded worldwide in the major financial centers of London, New York, Tokyo, Zurich, Frankfurt, Hong Kong, Singapore, Paris, and Sydney - across almost every time zone. This means that when the trading day in the U.S. ends, the forex market begins anew in Tokyo and Hong Kong. As such, the forex market can be extremely active any time of the day, with price quotes changing constantly.

The foreign exchange market (forex or FX for short) is one of the most exciting, fast-paced markets around. Until recently, forex trading in the currency market had been the domain of large financial institutions, corporations, central banks, hedge funds, and extremely wealthy individuals. The emergence of the internet has changed all of this, and now average investors can buy and sell currencies easily with the click of a mouse through online brokerage accounts.

Daily currency fluctuations are usually very small. Most currency pairs move less than one cent per day, representing a less than 1% change in the value of the currency. This makes foreign exchange one of the least volatile financial markets around. Therefore, many currency speculators rely on the availability of enormous leverage to increase the value of potential movements. Higher leverage can be extremely risky, but because of round-the-clock trading and deep liquidity, foreign exchange brokers have been able to make high leverage an industry standard to make the movements meaningful for currency traders.

There are two ways how the forex market can be traded. It's either through fundamental analysis or technical analysis. Fundamental analysis involves assessing the economic well-being of a country and by extension, the currency. It does not take into account currency price movements. Rather, fundamental forex traders will use data points to determine the strength of a particular currency.

 

A fundamental forex trader will analyse the country’s inflation, trade balance, gross domestic product, growth in jobs, and even their central bank's benchmark interest rate.

Technical analysis involves pattern recognition on a price chart. Technical traders look for price patterns such as triangles, flags, and double bottoms. Based on the pattern, a trader will determine the entry and exit points. Unlike fundamental traders, a technical trader is not as concerned about why something is moving because the trends and patterns on the charts are their signals.

Line Charts: A simple line chart draws a line from one closing price to the next closing price. When strung together with a line, we can see the general price movement of a currency pair over some time.

Bar Charts: A bar chart is a little more complex. It shows the opening and closing prices, as well as the highs and lows. The bottom of the vertical bar indicates the lowest traded price for that period, while the top of the bar indicates the highest price paid. The vertical bar itself indicates the currency pair’s trading range as a whole. The horizontal hash on the left side of the bar is the opening price, and the right-side horizontal hash is the closing price.

Candlestick Charts: Candlestick charts show the same price information as a bar chart, but in a prettier, graphic format. Candlestick bars still indicate the high-to-low range with a vertical line. However, in candlestick charting, the larger block (or body) in the middle indicates the range between the opening and closing prices. Traditionally, if the block in the middle is filled or coloured in, then the currency pair closed lower than it opened. In the following example, the ‘filled colour’ is black. For our ‘filled’ blocks, the top of the block is the opening price, and the bottom of the block is the closing price. If the closing price is higher than the opening price, then the block in the middle will be “white” or hollow or unfilled.


To effectively answer this question, it will depend on the individual’s time zone. Applying a time converter will give you the equivalent of the starting time for each session in your country or region and it will also provide a breakdown of how the forex sessions overlap. The session typically begins with the Sydney open which then overlaps with the Tokyo session. Afterwards the European session begins, which over laps with the New York session. A visual is provided below.

-  Sydney 5pm to 2am EST       ( 10pm to 7am UTC )
-  Tokyo 7pm to 4am EST        ( 12am to 9am UTC )
-  London 3am to 12 noon EST   ( 8pm to 5pm UTC )
-  New York 8am to 5pm EST     ( 1pm to 10pm UTC )
-  In our case, our time zone is CET, hence the forex market is open from Sunday 23:00pm until Friday 22:59CET.

There are three ways that institutions, corporations, and individuals trade forex: the spot market, the forwards market, and the futures market. The forex trading in the spot market always has been the largest market because it is the "underlying" real asset that the forwards and futures markets are based on. In the past, the futures market was the most popular venue for traders because it was available to individual investors for a longer time. However, with the advent of electronic trading and numerous forex brokers, the spot market has witnessed a huge surge in activity and now surpasses the futures market as the preferred trading market for individual investors and speculators. When people refer to the forex market, they usually are referring to the spot market. The forwards and futures markets tend to be more popular with companies that need to hedge their foreign exchange risks out to a specific date in the future.

More specifically, the spot market is where currencies are bought and sold according to the current price. That price, determined by supply and demand, reflects a myriad of things, including current interest rates, economic performance, sentiment towards ongoing political situations (both locally and internationally), as well as the perception of the future performance of one currency against another. When a deal is finalized, this is known as a "spot deal". It is a bilateral transaction by which one party delivers an agreed-upon currency amount to the counterparty and receives a specified amount of another currency at the agreed-upon exchange rate value. After a position is closed, the settlement is in cash. Although the spot market is commonly known as one that deals with transactions in the present (rather than the future), these trades take two days for settlement.

Unlike the spot market, the forwards and futures markets do not trade actual currencies. Instead, they deal in contracts that represent claims to a certain currency type, a specific price per unit, and a future date for settlement. In the forwards market, contracts are bought and sold OTC between two parties, who determine the terms of the agreement between themselves.

 

In the futures market, futures contracts are bought and sold based upon a standard size and settlement date on public commodities markets, such as the Chicago Mercantile Exchange. In the U.S., the National Futures Association regulates the futures market. Futures contracts have specific details, including the number of units being traded, delivery and settlement dates, and minimum price increments that cannot be customised. The exchange acts as a counterpart to the trader, providing clearance and settlement.

Both types of contracts are binding and are typically settled for cash for the exchange in question upon expiry, although contracts can also be bought and sold before they expire. The forwards and futures markets can offer protection against risk when trading currencies. Usually, big international corporations use these markets to hedge against future exchange rate fluctuations, but speculators take part in these markets as well.

Note that you'll see the terms: FX, forex, foreign-exchange market, and currency market. These terms are synonymous, and all refer to the forex market.

Leverage is defined as the ratio of the amount of capital used in a transaction to the required margin. In other words, leverage gives you the ability to control much larger amounts in a trade with a relatively small deposit (your margin). For example, if the EUR/USD rate moves up 100 pips from 1.1200 to 1.1300 and you had invested $1000, you would have made $10 on that trade. However, by using a leverage of 1:100, every $1 you invest is worth $100, so with your $1000 margin, you can open a $100,000 deal. As a result, your $10 profit is magnified to $1000.

 

Another way to think about leverage is to think of it as a loan. If you have $1000 and take a ‘loan’ that equates to $100 for every one of your dollars, you have $100,000 to trade with. Once your trade has been concluded, you return the ‘loan’ amount and keep the resulting profit.

It's important to note that leverage is often considered a double-edged sword since large price swings on accounts with higher leverage increase their chances of experiencing losses, especially when the account is not adequately capitalised and the individual or entity lacks a full understanding of the proper use of leverage. As a result, novice traders are encouraged to use minimal leverage whilst they increase their knowledge and experience but also as an exercise on how to make use of leverage properly which will translate into better risk management. The more seasoned professionals can use leverage as a tool to accelerate their returns and grow their initial investment.

Both types of contracts are binding and are typically settled for cash for the exchange in question upon expiry, although contracts can also be bought and sold before they expire. The forwards and futures markets can offer protection against risk when trading currencies. Usually, big international corporations use these markets to hedge against future exchange rate fluctuations, but speculators take part in these markets as well.

Note that you'll see the terms: FX, forex, foreign-exchange market, and currency market. These terms are synonymous, and all refer to the forex market.

A currency swap sometimes referred to as a cross-currency swap, involves the exchange of interest – and sometimes of principal – in one currency for the same in another currency. Interest payments are exchanged at fixed dates throughout the life of the contract. It is considered to be a foreign exchange transaction. In a currency swap, the parties agree in advance whether or not they will exchange the principal amounts of the two currencies at the beginning of the transaction. The two principal amounts create an implied exchange rate. For example, if a swap involves exchanging €10 million versus $12.5 million, that creates an implied EUR/USD exchange rate of 1.25. At maturity, the same two principal amounts must be exchanged, which creates exchange rate risk as the market may have moved far from 1.25 in the intervening years.

Forex brokers quote two different prices for currency pairs: the bid and ask price. The “bid” is the price at which you can sell the base currency. The “ask” is the price at which you can buy the base currency. The difference between these two prices is known as the spread. The spread is how “no commission” brokers make their money. Instead of charging a separate fee for making a trade, the cost is built into the buy and sell price of the currency pair you want to trade. Therefore, a broker that doesn’t charge commission has typically built in the cost of initiating and closing the trade into the spread and this is the broker’s fee.

Spot contract in Forex means that a contract in which two parties agree to exchange an amount of money in one currency for another amount of money in another currency based on the market prices of the two currencies. Usually, the exchange of this amount takes place 2 business days after the trading date.

Forward Exchange in Forex means that an agreement between two parties to exchange an amount of one currency for another amount of another currency at a later date than two business days. Terms of future transactions are currently agreed upon ( currency pair, term, amount, exchange rate ). 

No funds will be transferred until that future date. We generally distinguish between foreign exchange risk insurance for export ( sale of foreign currency to be exchanged into your home currency ) and foreign exchange risk insurance for import (purchase of foreign currency to be exchanged into your home currency). No longer available. Certain countries (Brazil, Colombia, Chile, etc. ) control or restrict the movement of capital. In these markets, non-deliverable forwards ( NDFs ) are used as currency hedging or speculation vehicles. 

These arrangements are similar to foreign exchange risk insurance, but instead of settling a physical movement or principal amount, the counterparty pays the price or rate of his contracted NDFs to the prevailing spot price on the settlement date. Or settle the difference to the rate ( see Market ). Fixings or benchmarks and amounts paid or received are calculated based on the national amount used ( the reference amount that is not exchanged ).

Yes. At present, ALB offers five of the most popular crypto currencies to trade including:

-  Bitcoin

-  Bitcoin Cash

-  Ethereum

-  Litecoin

-  Ripple

-  Avalanche

-  Binance

-  Cardano

-  Chainlink

-  EOS

-  IOTA

-  NEO

-  Polkadot

-  Solana

-  Stellar

No, since you are not actually purchasing the cryptocurrency outright when you trade spot cryptocurrencies, there is no need to have a virtual wallet to store them.

Bitcoin was the first decentralised cryptocurrency. Created in 2009, Bitcoin uses blockchain verification technology to secure and protect peer-to-peer transactions. Like other cryptocurrencies, Bitcoin is decentralised and not regulated by a central bank or any one government.

Ethereum is a popular open-source, decentralized cryptocurrency platform and operating system created in 2015 that uses blockchain technology for security. “ Ethereum ” or “ether” are both terms used when referring to the cryptocurrency generated by the Ethereum platform.

DeFi is short for “ decentralized finance. ” It’s a catch-all term for financial applications that are built on decentralized protocols, such as Ethereum.

 

DeFi offers a number of benefits, including the ability to earn interest on digital assets, the ability to use alternative currencies, and the ability to trade digital assets without intermediaries.

Some popular DeFi applications include lending and borrowing platforms, stablecoins, tokenized BTC, and trading platforms.

If you’re interested in using DeFi applications, you can start by creating an account on a de centralized exchange, such as 0x Protocol or Kyber Network. You can also use a lending and borrowing platform, such as MakerDAO or Compound.

DeFi is still a new and emerging technology, and it’s important to be aware of the risks before getting started. Some risks associated with DeFi include platform risk, liquidity risk, and smart contract risk.

Crypto CFDs work through traders making predictions about the future of digital currencies. In either case, the trader is required to deposit a small portion of the asset's value as collateral (of some kind) for trading.

Crypto CFDs offer an opportunity to effectively profit by betting on the future movement of a particular cryptocurrency without having to stake a high amount of your capital. However, as with traditional stock market CFD trading, there are risks involved. The main reason is that although no initial capital is required, losses must be covered. 

Similar to his traditional CFDs, this type of trading allows the trader to take advantage of market fluctuations. CFDs or Contracts for Difference allow you to make predictions or speculations about future price movements of certain crypto-assets.CFDs are contracts that pay the difference between the opening and closing prices. Traders need to correctly predict when the price will move. This type of trading allows you to trade cryptocurrencies in pairs. The currency pairs you can trade are:

-  BITCOIN
-  ETHEREUM
-  RIPPLE
-  LITECOIN
-  AVALANCHE
-  EOS
-  BINANCE
-  CARDANO
-  CHAINLINK
-  NEO
-  POLKADOT
-  SOLANA
-  STELLAR
-  IOTA
-  BITCOIN CASH

Despite these limited trading pairs, the profit potential is still there. For those new to crypto CFD trading, it makes sense to only use one or two trading pairs when learning the basics.

Cryptocurrencies are used to buy commodities, exchange them for other cryptocurrencies or trade them in the form of contracts for differences on platforms such as ALB. A form of digital or virtual currency that can be used to When trading cryptocurrency CFDs, you are effectively speculating on the price movements of the underlying asset.

Cryptocurrencies can be combined with other cryptocurrencies and even with fiat currencies such as United States Dollars (USD),British Pounds ( GBP ), and Euros (EUR) to form forex and crypto pairs increase.

Additionally, cryptocurrencies are known to be highly volatile and can experience significant price spikes and plunges in a single day. Therefore, you should always use risk management strategies and tools to avoid trading more than you can afford to lose.

Crude Oil

Crude oil, also known as black gold, varies in composition depending on geographic location. Brent crude oil is an international benchmark and is traded on the Intercontinental Exchange ( ICE ) in London. The US benchmark West Texas Intermediate ( WTI ) is traded on the New York Mercantile Exchange ( NYMEX )
 

Natural Gas

A much cleaner hydrocarbon than crude oil, natural gas is one of the most important energy sources and could play an even more important role in the future. The natural gas market continues to expand and is used in power generation, transportation, fertilizer, hydrogen, animal feed, and various manufacturing processes

Crude Oil

Crude oil, also known as black gold, varies in composition depending on geographic location. Brent crude oil is an international benchmark and is traded on the Intercontinental Exchange ( ICE ) in London. The US benchmark West Texas Intermediate ( WTI ) is traded on the New York Mercantile Exchange ( NYMEX ).

 

Natural Gas

A much cleaner hydrocarbon than crude oil, natural gas is one of the most important energy sources and could play an even more important role in the future. The natural gas market continues to expand and is used in power generation, transportation, fertilizer, hydrogen, animal feed, and various manufacturing processes.

The fundamental activity of energy exchanges, like securities and other exchanges, is to match supply and demand. In wholesale energy markets, bids (to buy energy) and offers ( to sell energy ) are combined into a trading system, and energy exchanges use the bids and offer to determine the purchase price, also known as the market clearing price. to decide.

In a liberalized energy market, generation and retail activities are separated from the ( natural ) monopolies of transmission and distribution, and the buying and selling of energy take place in a highly competitive market environment. Forex trading is a method of conducting transactions to buy and sell energy. When trading physical energy or energy derivatives, market participants typically have a choice between two-way, over-the-counter ( OTC ), or exchange trading. Trading on an exchange pools liquidity. This means that market participants wishing to buy or sell energy can anonymously indicate their willingness to pay or sell a standardized amount at a particular price level.

These so-called bids and offer comparisons help determine fair and transparent market prices that are available to all trading participants and the public. The more bids and offers, the more reliable the price. Reliable and widely available prices are essential to govern production and consumption, provide flexibility to the demand side and determine future energy investments.

Yes, you can go either long or short on top companies from around the world.

A stock is a stock or other security that represents an interest in a company. Therefore, if you own shares in a company, you are a co-owner of that company. Alternatively, you can contact your financial advisor or broker to guide you through the purchase before purchasing the funds.

The biggest risk of stock investment is that the price of the stocks you own may fall. Therefore, selling at this point would result in a loss. However, if you are a long-term investor, this risk is less.

-  Try long-term investment.
-  Don't panic if the market or stock or fund prices go down.
-  Diversify your portfolio. We hold shares in many types of companies in all industries.
-  Invest in funds that are purely equity and have a mix of equity and debt

The swap is calculated by taking the annual percentage, dividing it by 100 to get a 1%, then diving it by 360 – the average number of banking days in a year. Then you multiply it by the closing price, the volume and the contract size.

 

Formula: Annual percentage / 100 / 360 × Closing Price × Volume × Contract size

Example: You have a contract for 0.5 lot of US30, with the contract size being 10 and the price being 25,911.3. The annual percentage is -3. Your swap is (-3) / 100 / 360 × 25,911.3 × 0.5 × 10 = -10.80 USD.

An index is a way of tracking the performance of a group of assets in a standardized way. An index typically measures the performance of a basket of securities intended to represent a particular area of ​​the Forex Market.

Wall Street ( reflects the Dow Jones ):  30 Blue chip companies on the New York Stock Exchange, including Apple, Intel, Exxon Mobil and Goldman Sachs 

 

S&P 500 ( US SP 500 ): The most widely used index in the US stock market,  Standard & Poor's (S&P) tracks the prices of the top 500 companies listed on the New York Stock Exchange and  

 

NASDAQ. Includes all  companies listed on the Dow, plus 470 others. 

 

FTSE 100 ( UK 100 ):  FTSE tracks the prices of large companies by market capitalization listed on the London Stock Exchange. The largest companies in the index are typically found in the mining, energy (particularly oil and gas), and financial services sectors. 

 

DAX ( Germany 40 ): DAX tracks the stocks of the top 30 companies listed on Germany's Frankfurt Stock Exchange. The DAX index is dominated by the financial, automotive, healthcare and chemical sectors, with key components such as Allianz, BMW, Bayer and Siemens. 
 

Nikkei 225 ( Japan 225 ): Japan's leading stock market index, reflecting the stocks of 225 companies listed on the Tokyo Stock Exchange.
 

Broadly speaking, an index is a measure or measure of something. In investing, an index tracks the performance of a group of assets or a basket of stocks, such as a list of publicly traded companies and their stock prices. Investors use indices as benchmarks to measure the performance of stocks, bonds, or mutual funds relative to overall market performance.  


The S&P 500 and the Dow Jones Industrial Average are two of the most popular stock market indices. While these indices track broad market and large company stock movements, other indices may only track specific industries or market sectors.

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RISK PROBABILITY: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64.99% of retail investor accounts lose money when trading CFDs with ALB Limited. These products may not be suitable for all investors. Please make sure that you fully understand the risks involved and seek independent advice if necessary. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. The value of your investment may go down as well as up.

NEGATIVE BALANCE PROTECTION: Please see your rights here as a retail client.