FAQs

No. The demo account should only be used to practice trading with virtual funds. Customers do not receive gains or losses because this is merely pretend money.

No. Virtual play money with a minimum initial deposit of $3,000 or another available quantity is offered in all of  demo trading accounts. You can practice trading with this fictitious play money before opening a real account. You won't be charged anything for the transactions you conduct. Demo accounts are primarily meant to acquaint you with the features of the trading platforms offered by CDO Markets. Live outcomes could vary from demo results, as they do in all trading scenarios.

All client money will be maintained in segregated accounts in line with certain laws and regulations, keeping it completely separate from funds required to run the business. Rest assured that client payments will be refunded to your bank account immediately in the unlikely event of a default rather than being viewed as a recoverable asset by general creditors. All funds are kept in accounts with globally recognized, highly regulated banks on behalf of clients.

For Bank Wire and FasaPay Method, there is no need for e-mail request. You can request withdrawal as bank wire via using MyCDO Panel. Withdrawal requests as Bank Wire are generally approved in one day by our Payment Department.  For deposits as Bank Wire, you can find bank information of CDO Markets at MyCDO Panel. Currently we have Bank Wire, FasaPay, Perfect Money, USDT ERC-20 and TRC-20 Options. In the near future, credit card solution will be also included into our payment options. For more information, please visit the page.

No, money can only be transferred from a bank account whose name exactly matches your account.

Trading is absolutely free at CDO Markets, and there are no fees or charges. However, some of them can be a result of the service provider you choose.

An order to purchase or sell an item at the current market price is known as a market order. If you submit your broker a market order to buy or sell a stock, bond, mutual fund, or other security, your broker will carry out the transaction right away if the market is open or at the start of the next trading session if it is closed.

A scripting tool available on the MetaTrader platform is called an Expert Advisor. Users of the tool are able to create and utilize their own trading algorithms. Visit https://www.mql5.com/en/code for additional details about this feature.

Due to its complexity, foreign exchange trading may not be suitable for clients who lack the necessary training and experience. Before trading with an actual account, CDO Markets welcomes you to create a demo account. You can also visit our learning page to understand forex and trading.

A client of CDO Markets only needs one US dollar account for all positions. The current market prices are immediately used to compute all margin needs for realized and unrealized P/L as well as trading profits. Real-time account balances are maintained. The necessary margin is determined in real-time using USD. The initial margin requirement for the position(s) and the account's liquidation level are both represented by margin on MetaTrader.

The "Stop Out Level" function gives traders the option to automatically cancel all open trades once equity drawdown reaches a predetermined level, which is typically 10% of margin but may be more with higher leverage. The feature can be found in the client reports area or the Portfolio portion of the trading platform. If the equity in the account drops to or below the "Stop Out Level" established by the client, all open positions will be closed, all pending orders will be canceled, and trading will be suspended. Please be aware that, depending on market conditions, equity on the account upon the closing of all active positions may be less than the "Stop Out Level."

Stop Loss orders will be executed, according to CDO Markets. However, there is a chance of significant slippage in quick markets or gaps.

A stop order is an active order to purchase or sell a security after the instrument's price reaches a certain level, or the stop price. Actually, a stop order can be thought of as an alarm that goes off when the market hits the price and converts to a market order. Because of this, the stop order will in fact turn into a market order if the price crosses the predetermined entry/exit point. The order might not always be filled at the target stop price since the stop order turns into a market order when it reaches the stop price. Consequently, the executed price may differ from the stop price in both directions (or identical). In other words, stops do not always result in the anticipated entry or exit places. This could be a drawback if there is a quick market movement because your stop order can be filled at a price that is far different from what you had anticipated.

An active order to buy or sell an instrument at a specific price is known as a limit order. Only at the limit price and when prompted by the ask side can a buy limit order be executed, and only at the limit price and when activated by the bid side can a sell limit order be executed. Limit orders might not go through because, before your order can be filled, the market price might abruptly revert to the limit price.

Indeed, we provide trading that begins with micro lots (0.01).

Yes, trading in increments of one thousand base currency units (or dollars) is regarded as micro for FX pairs.

Leverage ratios of up to 1:500 are available through CDO Markets, with a 100% stop out level. However, you should not forget that the Stop Out Level changes according to the leverage ratio.

The CDO Markets' prices are unique. Price determination at CDO Markets is based on a combination of prices and liquidity offered by significant banks, brokers, and other markets. Clients can benefit from tight spreads and high liquidity thanks to the collaboration of many liquidity providers.