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58 Markets
  • Home
  • About Us
  • Products
    • FOREX
    • CFD'S
    • OIL
    • METALS
  • Platforms
  • Accounts
    • Open Live Account
    • Retainer Withdraw Request
    • Download Account Forms
  • Partnerships
    • Recruiters
    • Trading Group Leader
    • Support >
      • Contact
      • Forex Education
      • FAQ
      • Glossary
      • Swap Rates
    • Liquidity

Frequently Asked Questions (FAQ) About Trading Forex

What is 58 Markets?  
58 Markets is a Private Proprietary Trading Company.  We offer an  "independent contractor"  trader position trading a 58 Markets company accounts.  A Retainer Deposit is required for this position if approved. We support your trading career.   
We do not offer "independent Contractor" positions to the residents of USA or Hong Kong.   
​
Does 58 Markets offer online reporting to its proprietary traders? Yes

Access to all  trading records is available online via the reporting functionalities of the trading platforms.

How can I contact 58 Markets?
58 Markets trader support is available 24-hours a day (Sunday 5PM to Friday 4 PM EST).
E-mail inquiries are welcome. Please e-mail our SUPPORT DEPARTMENT  Include your phone number and the most appropriate time to call and an 58 Markets team member will get back to you shortly.

Are the spreads, rollover rates, charts and feeds the same for a mini and a standard account?   Yes. 58 Markets Liquidity Provider(s)  offers the same superior execution-rollover rates, charts, and spreads for a mini and standard account.

Does  58 Markets offer prices on futures, stocks or options?
At this time  58 Markets proprietary company trader accounts have access to  live spot FX prices for certain precious metals, such as gold and silver, as well as cfd's. 

What lot sizes does 58 Markets offer?
You can trade 1.00 , 0.10 and 0.01 lot sizes.  Maximum lot size is 100 lots per trade.  Minimum lot size is 0.01 per trade. 

Does 58 Markets  offer 200:1 leverage on any account?
Yes , The maximum leverage 58 Markets trading accounts have are 200:1.

How can I inquire about the "Recruiter" program at 58 Markets?
Email our SUPPORT DEPARTMENT  Provide contact name and phone number in the email. We will respond within 24 hours. 

Do you over managed accounts ?  No , we do not manage funds or provide investment advice. 

Do you have a support team ?   Yes , our company Support Team insures 24 hour execution , up-time , trade margin availability and deep liquidity from our global liquidity provider(s). They also provides assistance to company proprietary trader's who need assistance with their company account. 

How do I contact Customer Support?
Please, contact an 58 markets  team member via email at  SUPPORT DEPARTMENT anytime. 
​
Does 58 Markets offer webinars and other education services?
Yes.  Webinars include lectures on our platforms, charting packages as well as general market education. Please, check the appropriate section of our website or send an email to our SUPPORT DEPARTMENT  We will be in contact with details regarding the next webinar. Also be sure to visit our LEARNING CENTER which contains a wealth of knowledge about the forex markets.

How many platforms does 58 markets offer? We have 2 retail trading platforms:
  • METATRADER
  • METATRADER MOBILE




HIGH RISK WARNING: 
Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax adviser if you have any questions. 

ADVISORY WARNING:
58 Markets provides references and links to selected blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the blogs or other sources of information. Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect's individual analysis and decision making. None of the blogs or other sources of information is to be considered as constituting a track record. Past performance is no guarantee of future results and 58 Markets specifically advises clients and prospects to carefully review all claims and representations made by advisors, bloggers, money managers and system vendors before investing any funds or opening an account with any Forex dealer. Any news, opinions, research, data, or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. 58 Markets expressly disclaims any liability for any lost principal or profits without limitation which may arise directly or indirectly from the use of or reliance on such information. As with all such advisory services, past results are never a guarantee of future results.


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  • Home
  • About Us
  • Products
    • FOREX
    • CFD'S
    • OIL
    • METALS
  • Platforms
  • Accounts
    • Open Live Account
    • Retainer Withdraw Request
    • Download Account Forms
  • Partnerships
    • Recruiters
    • Trading Group Leader
    • Support >
      • Contact
      • Forex Education
      • FAQ
      • Glossary
      • Swap Rates
    • Liquidity