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:
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:
