Demo Account Open Account

Trading on margin products involves a high level of risk

Frequently Asked Questions
FAQ

MetaTrader 5 allows pending orders to be set. Pending orders are stored on the trade server and are executed when the conditions set are met.
Both Demo and Live accounts have the same price feed, however it is not possible to replicate a real trading environment on a Demo account due to technical limitations. Trades placed on demo accounts are not passed into the real market and therefore their execution will not directly comparable to trades placed on a Live account. Demo trading accounts are designed to allow traders to become familiar with the trading platform itself and will never be able to provide an identical trading experience to a Live account.
FxReino allows you to open multiple trading accounts.
Yes, it is possible to log into your MetaTrader 5 account with the same username and password at the same time on separate computers.
Our MetaTrader 5 platform is set to automatically close your positions when your margin requirement reaches 100% (stop out level). This process is automated and is not a guarantee that your account will not enter into a negative equity situation. We recommend that you always maintain a balance in your account over and above your required margin. If the stop level is reached a market order is triggered to close your open positions at the next available price in the market. 

Events such as markets gapping over the weekend or on major holidays where liquidity is thin can increase the chance of your positions being stopped out and a negative equity situation occurring We advise that you use stop loss orders to limit your risk and you monitor the margin level in your account regularly. You will be responsible for any negative balance in your trading account.
MetaTrader 5 allows trailing stop orders to be set from within the trade terminal.
To open a MetaTrader 5 demo account you will need to follow these steps: 
  • Download and install the MetaTrader 5 trading platform;
  • Open the trading platform on your PC;
  • Select ‘file’ in the menu item then ‘open an account’;
  • Complete the registration form and select ‘Next’;
  • Select the ‘Finish’ button.
You can generate account statements from within the trading terminal by selecting the history tab. Right clicking within the history area will open a new tab from here you will be able to select the time period of the statement that you wish to generate. Right clicking again with provide you with the option to save the report to disk or in HTML format for viewing in a web browser. 

How do I make a bank wire deposit
Please contact accounts@XXXXXXXXXXXx.com
We will provide bank wire instructions.
Please note that Fxreino minimum bank wire is 3000USD
Making money trading Forex involves buying lower and selling higher or selling higher and buying back lower, using leverage means that you are able to deposit a smaller amount of money to achieve the same buying power as you would have if your bought and sold the currencies outright.

In this example Mary deposits USD5,000 into her Forex trading account and nominates the leverage on her account to be 1:100. As a result of leverage Mary’s buying power on her USD5,000 deposit becomes USD500,000. Mary decides to BUY 0.1 lots of the AUD/USD par at a price of 0.99802, 3 days later the price of the AUD/USD is 1.04069 and Mary decides to close her position. Mary’s profit is calculated as (1.04069 – 0.99802) 426 pips. As Mary opened a position of 0.1 lots Mary made a profit of USD426 or USD1 per pip.

Of course should the AUD/USD moved against Mary below the opening price of her trade to a level of 0.97802 Mary would have incurred a loss on the trade of (0.99802 – 0.95542) 426 pips. As Mary’s positions size was 0.1 lots Mary would have incurred a loss of USD426 or USD1 per pip. 
There are a variety of risk management strategies that Forex traders can use. The most common form of risk management is the use of stop loss and limit orders. Stop loss orders can be set within the MetaTrader 5 platform and are often used force the closure of a position at a predetermined price in order to limit any potential loss. Limit order work in much the same way as Stop loss orders however they allow a restriction to be placed on the maximum price paid.
MetaTrader 5 has a real time position keeping feature where you are able to see your account balance, Equity, Margin and Free Margin in real time in addition to the profit or loss on any open positions. This is information can be found in within the trade tab inside the terminal section of the platform. Your account history can be found under the history tab in the same area. 
In order to withdraw funds from your trading account you are required to submit the withdrawal request form available on our website. 
Forex or the "Foreign Exchange market", is the largest financial market in the world, with a daily average turnover of approximately USD3 trillion. Forex trading is the simultaneous buying of one currency and selling of another. The price of currencies is floating and dependent on supply and demand. Foreign Exchange is always traded in pairs, for example EUR/USD or AUD/USD.
The key difference between these two types of accounts is the commission. On ECN accounts, traders are charged a fixed commission for opening and closing trades and spreads depend on the prices of liquidity providers. On STP accounts, no commission is charged but the FXOpen mark-up is added to the spread of liquidity providers.
FxReino allows clients to open a MetaTrader5 account with as little as USD100.00 or currency equivalent. 
FxReino offers flexible leverage options ranging from 1:1 to 1:500. You can change the leverage on your trading account by completing our change of leverage request form. 
There are a variety of fundamental and technical aspects that can cause an exchange rate to move. The most notable influences include interest rates, inflation and political stability. Sometimes governments will buy or sell a currency in an effort to influence its value with the view of having a broader effect on the country’s economy. This is known as Central Bank intervention and can have a significant impact on the value of a currency. Given the size and diversity of participants there is not one single factor that can influence the Forex market for any significant length of time. 
The main participants in the Forex market are Central Banks, Commercial Banks and Investment Banks, however in recent years since the advent of the internet accessibility to the Forex Markets has increased which has resulted in an increase in the number of participants. These days participants also include large multinational corporations, money manager, registered dealers, money brokers and private investors. 
Our traders are able to deposit with bitcoin. The Bitcoin will be exchanged into either USD, EUR, or GBP depending on the wallet the trader Depositd the funds into.
Fxreino does not accept applications from residents of the U.S, and Islamic Republic of Iran. The information on this site is not directed at residents in any country or jurisdiction where such distribution or use would be contrary to local law or regulation. 
As of now the minimum amount of funds to trade copy is USD100.00