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Tier1fx News

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Is Scalping allowed?

Yes, scalping is allowed and welcome, with no limitations on the number of trades placed or the number of pips in profit/loss. In addition, pending orders can be placed at as close of market as 0.1 pips. Note: Tier1FX does not allow arbitrage.

Is Hedging allowed?

Yes, you can hedge your position at any time in order to protect a losing position or to balance your equity, as long as your Free Margin is positive (Margin Level>100%). When all positions are fully hedged, the Margin Requirement will be zero. Please note however that even if your positions are fully hedged, you … Continued

How does a Trailing Stop work?

You can set up a Trailing Stop on MT4 by right-clicking on an open trade, selecting “Trailing Stop” and clicking on the points value required. As soon as you do this, the system starts to automatically check with each new incoming quote whether the trade is profitable. Once the profit in points becomes equal to … Continued

Can a trade be closed with loss if Take Profit is triggered?

Yes, this is possible. If you have a Buy position, for example, you need to place your Take Profit above the current market price. If you are placing Take Profit when your trade is in loss and do not set it not far enough above the current market price (in other words, if you place … Continued