Frequently asked questions.

Due to market conditions it is impossible to predict the amount of trades you will receive each day however 1 – 5 could be considered as a normal days trading.

Yes, you can potentially make a significant amount of money trading Forex. It is a highly leveraged market to trade and the returns can be significant.

As a trader you must accept risk and that you are going to have losses from time to time. Provided you use a stop loss each time you trade you can limit this loss and therefore not expose yourself to significant draw downs on your trading account. A stop loss is a form of 'hand brake' that you set to get you out of a trade if the price moves against you a certain amount of pips. You always set this 'hand brake' prior to entering a trade.

No, you need no experience whatsoever. Our professional team will teach you everything you need to know and you will be trading real money sooner than you think. Our LTG GoldRock Forex Learning Centre is designed for both experienced and novice traders and explains in detail our very straightforward and easy to understand method. Make sure you watch the videos in the Learning Centre, these will explain some of the Forex basics for you. We also have an outstanding support service, in case you have any questions or concerns once you starting trading with LTG GoldRock.

The increment that currency markets move are called Pips. For example, if the USD/AUD moves from .6850 to .6851, that is one Pip. In other markets they often call them ticks or points however in Forex each move is called a Pip. By understanding how many Pips the market has moved we can then calculate our profit or loss.

You will nominate the amount of money you wish to trade with and this is known as the Pip value. As the currency moves for or against us it will always be moving in Pips.

Forex brokers offer different types of leverage,  however a common Forex leverage is 50:1.  This means if you invest $500 on a trade you are controlling a $25,000 position. It is common for some Forex brokers to offer larger leverage (over 100:1) however we strongly advise you to follow our education and guidance on the leverage amounts to trade when you start.

Our 1# goal at LTG GoldRock is to educate you to become an independent and profitable trader.  We have a live trading room for you to follow our professionals and it is our aim to educate you on our trading systems and strategies so you can use them profitably and independently on your own.

Essentially any computer that was built after 2003 would be suitable and access to reliable internet is necessary. You can trade from any computer in the world as long as you have internet access, thus making it a go anywhere business opportunity. You will need a 32bit Operating System for maximum performance of the MT4 software. If you are a dedicated MAC User, you will need to purchase a Windows compatible program and Windows Operating System ie: BootCamp, Parallel 5 or VMFusion, to enable learning and trading on your MAC, or consider a Windows NetBook as an alternative to installing Windows on your MAC.

No, you must be a LTG GoldRock customer to enter our trading room.  You will then trade alongside our professional traders and be educated and guided by them directly. You can however take a tour of our Trading Room via the home page of this web site.

You can start trading Forex with as little as $500 USD in your trading account. This makes Forex a very low trading investment opportunity. At LTG GoldRock we recommend our members open individual trading accounts with approximately $2000 USD.  This ensures all profit opportunities are captalized on while using our trading system that is coupled with daily mentorship.  

This is relatively quick and easy. The LTG GoldRock team will guide you through the process of opening an account with one of our preferred brokers. You will receive a VIP link with step by step instructions once your Membership Application has been submitted and received. This only takes 5 minutes. We will assist you in every way we can and provided you have the correct ID requirements and fund your account the same day you should be able to start trading your live account within 48 hours. However, we recommend you trade in simulation for a short period to ensure you feel comfortable using the system and platform.

This is a very quick and easy process. Simply click on the link on the home page that says 'Start Trading and Learning in 15 mins' and you will immediately be taken through the LTG GoldRock Membership Application process. This takes less than 5 minutes and is an online application. You submit your credit card details for payment and everything is explained for you in a straight forward easy to understand process. If you wish you can also call our client advisors on 1800 4 FOREX. Within seconds of your application being approved you will be sent your user name and password to the Learning Centre and Trading Room.

All forms of investing have a degree of risk and Forex trading is no different. The most important element of all investing is risk protection and trading with a stop loss. A position of $500 with a leverage of 50:1 will control a position of $25,000 and a market move of 5% can have a significant impact on a traders win or loss position. Therefore you need to know what you are doing and apply the correct risk protection on all your trades.

You have the opportunity to start making money within 48 hours of your membership application being processed. All it takes is for you to go through the registration process for LTG GoldRock and then open your funded account. LTG GoldRock will hold your hand every step of the way.

No, you can live anywhere in the world and trade with us daily. If you have internet and a computer you can log into your trading account and access the trading room and take trades directly with us.

Yes you can, all you need is a mobile phone with the ability to surf the internet. You simply log into your trading account via your mobile phone and place your trade. We send you each entry and exit position via an email and text alert option and you can enter the trade via your mobile phone.

The beauty of trading with LTG GoldRock is that you never have to be in front of the computer ever again if you don’t want to. You can trade from your mobile phone via our email alert service entries. The choice is yours, you can be logged into the trading room for the entire trading session or simply choose an hour here or there to log in and listen. Or if you choose to leave your computer or just don’t feel like being around the screen, take your mobile phone with you and place the trade when we call it.

There are a couple ways you can do this. You can email our information centre  This e-mail address is being protected from spambots. You need JavaScript enabled to view it  You can also click on contact us on the home page of the web site and speak to one of our senior client advisors who are fully qualified to answer all your questions.

At LTG GoldRock there are no fees after you join. Once you open a Forex Trading Account with one of LTG GoldRock's preferred brokers there are no fees for your account. There are no account keeping fees on your trading account nor any annual or monthly fees to pay to the broker or LTG GoldRock. Click on Start Learning and Trading in 15 minutes on the home page.

Yes, we will provide you with a step by step guide on how to do this with templates for you to follow. We also have dedicated support email and phone numbers in the event you get stuck on any aspect of the process.

This question is best answered by your accountant as some countries in Asia offer traders the ability to trade off shore markets and not have to pay tax on their earnings.

 
       

Trade Spreads as low as 1 Pip.

LTG GoldRock is a world leader in Forex Education and live trading. And our customers also get the very best brokerage rates in the world through our preferred broker relationship.

As a LTG GoldRock trader you will not only receive a world class education and access to a live trading room, you will also trade with brokerage firms with over 35 years combined experience and Billions of dollars in equity capital.

1,000,000 trades per day on over 75 market destinations worldwide means that that LTG team and its preferred broker partners offer you the most comprehensive
Forex trading
experience ever.