Webtrader FAQ

My account

Tradesmartlyonline is a consultant company that connects traders with regulated CFD brokers. They offer an online educational program that teaches people about share market trading and provides them with a personal manager to guide them through the process. Traders can start with a small amount and practice on a demo account before they start real trading.

Online trading involves using different platforms to trade and potentially profit from financial instruments like stocks, commodities, and currencies. In international markets like CFD (Contract for Difference), trading happens 24 hours a day, five days a week, from Monday to Friday. CFDs are a type of derivative where traders speculate on the price movements of underlying assets without actually owning them. The key feature of CFDs is that they allow traders to take both long (buying) and short (selling) positions, making it a two-way market.

Certainly! You can trade commodities like gold on our recommended brokers platform by using leverage. This means that you can trade with a larger amount of money than you actually have, which can increase your potential profits. For example, if the price of gold is $2000 per ounce, you could trade 10 ounces of gold for $20,000, even if you only have $2000 in your account. However, leverage can also increase your potential losses, so it is important to use it carefully.

The minimum deposit amount required to activate an account is approximately $100 with any of our referred broker.

A demo account is a practice account that allows you to trade in the live market without risking any real money. This can be helpful for beginners who want to learn how to trade or for experienced traders who want to test out new strategies. Demo accounts typically come with virtual funds, and you can use them to trade any asset that the platform offers.

There are no charges for training. It is free. However, you need deposit minimum $100 to activate your account

Our recommended Brokers will not charge any deposit or withdrawal fee

Our Brokers provide Market updates on News, Analysis, Economic indicators, Trading Ideas and Recommendations & Risk Management Strategies

Tradesmartly Online is running an educational campaign about the share market and stock market. They provide training on fundamental technical analysis, market updates, when to enter and exit the market, and more. The campaign is open to people in the UAE and other Gulf countries, and it is designed to help people learn how to trade stocks and generate a secondary source of income.

Brokers recommended by Tradesmartlyonline can communicate in a various languages, including English, Hindi, Urdu, Arabic, Tamil and Malayalam.

You can expect one-on-one training from a dedicated Account manager who will provide you with all the necessary information and a complete demo on how the market works and how you can benefit from it. They will also provide you with technical and fundamental knowledge about when to enter and exit the market, market news, finance updates, how to take buy and sell positions, reading indicators, graphs, and charts.

Yes, the brokers provided by Tradesmartly Online are licensed and regulated. They have seven licenses available and regulation details can be easily checked and verified on their platform.

The international stock market is a global market where stocks, commodities, and other financial assets are traded. It is important to learn about the international stock market because it can provide opportunities for extra income and financial growth. By understanding how the international stock market works, individuals can make informed decisions about investing their money and potentially increase their wealth.

Yes, I can share details about our company, Wealth Builders, and the brokers we work with. We are a consultant company that partners with licensed and regulated brokers from across the GCC countries. Our brokers have different apps and platforms, and they have been in the international market for at least 15-20 years. They have grants from the government and are well-established. When you sign up with us, we will assign you a suitable broker based on your needs and requirements. They will provide you with all the necessary information about their platform, including registration and platform details.

We work with various CFD brokers, to provide trading services in the US, European, and Asian markets. They offer educational resources and assign Personal Relationship Managers to assist clients with their trading activities.

The two major factors that move the market in global financial markets are fundamental analysis and technical analysis. Fundamental analysis focuses on the underlying economic and financial factors that influence the value of an asset, such as company earnings, economic data, and interest rates. Technical analysis, on the other hand, focuses on the historical price movements of an asset to identify potential trading opportunities.

We completely understand the importance of finding the right fit when it comes to a broker. Yes, if you don’t like the broker provided, you can switch to another one. We will inform you about the available options and you can choose accordingly.

Yes, it is mandatory to have an email address. If you don’t have an email address yet but are open to creating one, you can sign up for a free email account with various email service providers such as Gmail, Yahoo Mail or Outlook. Setting up an email account requires a few steps. Without an email I will not be able to further schedule an appointment with the broker.

We have more than 25 Licenced & regulated brokers. Depending on your needs & goals we will assign the recommeded broker.

The international market offers a wide range of short-term and long-term opportunities for traders. Short-term opportunities include trading in forex, commodities, and indices, which can provide quick profits but also carry higher risks. Long-term opportunities include investing in stocks, bonds, and mutual funds, which offer steady growth potential over time.

As an online consultant, Tradesmartlyonline offers advisory services or consulting in various areas such as finance, investments, business development, or personal wealth management

Some common mistakes to be avoided are to directly go with big investment, not taking training & have the idea to take risk with extra capital.

The broker will teach you how to analyze the market and predict its movements. They will provide you with training and guidance on how to identify the right opportunities and place trades accordingly. Additionally, there are various reports and news updates available in the market that can help you understand the market trends and make informed decisions.

When registering for an account with a broker you need to be aware of account opening requirements, trading policies, fees & charges, deposit & withdrawal procedures & client fund protection

Creating your own trading strategies requires understanding of financial markets, technical and fundamental analysis, risk management principles, and psychological factors influencing trading decisions.

Bank Transfer, CC & DC, Electronic payment system – Skrill & Nettellar, Cryptocurrency & Prepaid cards

Our Brokers provide Market updates on News, analysis, Economic indicators, Trading Ideas and Recommendations & Risk Management Strategies

Regulated brokers have strict protocols and safeguards in place to ensure the safety of funds and personal data of their customers. They have segregated account of their clients & follow regular audits too

Financial literacy refers to the ability to understand and manage your personal finances effectively. It includes knowledge of basic financial concepts, such as budgeting, saving, investing, and borrowing. Financially literate individuals are able to make informed decisions about their money and plan for their financial future.

The best times to trade in financial markets can vary depending on the specific market being traded, as well as individual trading strategies and objectives. However, you should consider market opening & closing time & economic data releases & events in particular.

Trading

Your balance is displayed at the left bottom corner under “Real Money Account”. Note that the balance doesn’t reflect the profit/loss from your open positions.

If you want to search for a specific instrument you can use the search bar that appears above the instrument section on the left side of the screen. You can find a list with all instruments under Instrument/Categories tab. 

Your favorite list of instruments appears under Favorites section. Mark the Star sign to add the instrument in the list and unmark to remove it.

Select an instrument and click Buy if you believe the price will go up or Sell if you believe the price will go down. To close a position click on the close button. 

To place a Stop loss tick “Stop loss when rate is:” and enter the stop loss level manually or add it by pressing the “-“/”+” buttons. To place a Take Profit tick “Take profit when rate is:” and enter the take profit level manually or add it by pressing the “-“/”+” buttons. If you position is already open you can still set Take Profit/Stop loss by clicking on Edit button. 

To view the trading history of your account, navigate to Closed Positions section.

Open positions appear in Option Positions section located at the top center of the screen. Below the instrument you can check all relevant information about the position – direction, volume, entry price, current Profit/Loss. If you have more than one position opened with the same instrument, they will all appear below the asset.

The total Profit/Loss appears at the left bottom corner under “Real Money Account”. Refer to “Open P&L”. 

“Maintenance Margin” appears at the bottom left corner under “Real Money Account”. If your Equity is equal or below 50% of your Used margin your open positions will be automatically closed by the system. “Maintenance Margin” refers to the minimum equity you need to have in order to keep your positions open. 

“Required margin” appears in the new order window. “Required margin” refers to the amount you need in order to open and maintain a position in addition to the initial loss that will occur due to the spread, e.g. you intend to Buy 10 barrels of Oil at 51.30, in this case the “Required margin” is derived through the following formula – (amount * instrument price)/leverage + (amount * spread). (10 * 51.30)/100 + (10 * 0.05) = 5.63 USD.

To open a pending order tick the option “Advanced” that appears in the New Order window. If you have selected Buy you will be allowed to place Buy Limit or Buy Stop order. If you have selected Sell you will be allowed to place Sell Limit or Sell Stop order. To set the desired level enter the price manually or use the “-“/”+” buttons.

In My Account section at the right upper corner select Report. Choose the desired time period and click Generate.

To switch to demo account click on Switch to Demo link that appears at the bottom left corner right below Real Money Account information.

Other

The Services on ARGOTRADE are provided and regulated by Leadcapital Corp Ltd. Leadcapital Corp Ltd is authorised and regulated by the Seychelles Financial Services Authority (“FSA”) and incorporated in Seychelles with registration no. 8413415-1 and registered office is Suite 3, Global Village, Jivan’s Complex, Mont Fleuri, Mahe, Seychelles. Lead Capital Services Ltd with office address at 121 Prodromou Avenue, 1st Floor, Hadjikyriakion Bldg. 1, Strovolos, Nicosia, 2064, Cyprus and registration number HE 332817, jointly provides content and operates the website.

Please fill in our complaint form by clicking here.

If you would like to close your account with ArgoTrade, please send a request for account closure at support@argotrade.com. Before that make sure you don’t have any remaining funds in your account.

Take Control of Your Trades Today!

Start trading smarter with Trade Smartly Online. Join now to unlock endless opportunities in the financial markets.