F.A.Q.
Lotas Capital

F.A.Q.

Frequently Asked Questions

Frequently Asked Questions

Forex, which has the worlds largest trading volume, takes its name from the first syllables of the word Foreign Exchange. This market provides the opportunity to exchange national currencies against one another. Because of the worldwide reach of trade, commerce, and finance, forex markets tend to be the largest and most liquid asset markets in the world.

The most significant advantage of the Forex market is its 24/7 trading availability. Additionally, Forex offers other key benefits, including convenient market hours, high liquidity, and the ability to trade on margin, making it an attractive option for investors worldwide.

Unlike traditional exchange offices or jewelry markets, the Forex market operates without a centralized physical location. This allows for seamless and flexible trading, enabling users to access the market via computer, tablet, or smartphone from any location with an internet connection. Forex offers a broad array of tradable products, ranging from currencies (including cryptocurrencies) to commodities, precious metals, and stocks. Gaining a thorough understanding of these products before engaging in trading can prove beneficial in maximizing potential returns.

In the foreign exchange market, two currencies are always traded in pairs. One currency is bought while the other is simultaneously sold. For the value of one currency to appreciate, the value of the other must depreciate. As a result, either the base currency or the quote currency will experience an increase in value, creating continuous opportunities for profit.

In this market, a wide range of products can be traded, including currencies, commodities, precious metals, and shares. Acquiring a solid understanding of these products prior to trading can enhance your ability to maximize potential returns.

Opening an account at Lotas Capital is an easy process. Simply click the "Open Real Account" button on our homepage and provide the requested information. Once completed, your unique account number, password, and a download link for the MetaTrader 4 or MetaTrader 5 trading platform will be promptly sent to the email address you provided. Please ensure that you securely store the information shared with you.

Processing your application and issuing your account number could take a few minutes. Just follow all the steps.

Processing your application and generating your account number may take a few minutes. Please ensure that you follow all the steps to complete the process.

To complete your verification process, you must submit an official identity document that clearly displays your identification number. Accepted documents include an identity card, driver's license, or passport. Ensure that your full name and date of birth are clearly visible on the document. For added verification, please provide a selfie holding your ID card, ensuring that both your face and the information on the card are clearly visible.

Additionally, to prevent unauthorized actions, you are required to verify your residence address in accordance with strict regulatory standards. Please submit a recent utility bill (phone, internet, electricity, or water) that is issued in your name and clearly displays your full address.

It is the sole responsibility of the account holder to ensure that all information provided during the account opening process is accurate and up to date. In the event of any changes to this information or if mistaken actions were made during entry, please contact us immediately at [email protected] to update your details.

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