Frequently Asked Questions (FAQ)

Yes. We offer demo accounts for beginners to practice or for skilled traders to experiment their strategies trading in a risk – free manner.

To register for demo account click here

No. We offer free demo accounts with $ 100, 000 virtual currency. You can add more funds to your demo account by sending an email to support@fxpearl.com

FxPearl offers demo accounts with 30 days validity. It can be renewed on request.

  • To register for demo account click here
  • Fill and submit the form
  • On submission, an email verification link will be sent to your registered email
  • Post verification you will receive an email with your Login Id and Password
  • Once installation is complete you will be asked to choose a server:
    • Pearl Live NY4 – Not applicable for Demo Account
    • Pearl Server – Click on this for Demo Accounts
  • Enter the Login & Password provided in the email

Currency trading is an act of buying and selling (trading) different currencies of the world. The trading takes place through the Foreign Exchange markets that allow a traderto trade pairs of currencies in different volumes.Currency trading takes place at a certain currency exchange rate.It is a rate at which one currency can be exchanged for another.It is always quoted in pairs like the EUR/USD (the Euro and the US Dollar). But these rates are never fixed. The Exchange rates fluctuate based on economic factors like inflation, industrial production, and geopolitical events to name a few. A trader considers these factors of influence and then decides to buy or sell a currency pair.

Currencies are traded through Foreign exchanges. The trading of currencies happens in pairs like EUR/USD (the Euro and the US Dollar) etc. A trader has to exchange (can sell even) a currency to buy another currency.

Top rated Forex brokers are neither hidden nor secret. All Forex brokers, good and bad, are free to be used by any trader despite their experience, budget or investments. The secret to scouting the best and most secure FX brokers is to know where to locate them and how to search them. The best FX broker is rated based on many factors such as reputation, customer feedback and reviews, financial performance and previous history.

In simple terms, making money in foreign exchange (Forex) happens on speculation. A trader bets that the value of a particular currency will increase relative to another.Currencies are traded and priced in pairs. In a currency pair like EUR/USD, the firstmentioned currency is called base currency and second noted currency is known as quote currency. In all currency quote,the base currency is worth one unit, and the quoted currency is the amount of currency that one unit of the base currency can be bought. An investor makes money by either an appreciation in the value of the quoted currency or by a decrease in value of the base currency.

The Forex and futures differ in many ways. Futures is referred to as the trading of futures contracts of commodity and assets whereas the Forex is trading currencies. Futures only reaches billions per day whereas the Forex averages a daily turnover of trillion dollars. The Forex market is a 24/7 open market whereas futures is not as easy to access. Currency trading can be done over-the-counter (OTC) while futures is traded on an exchange with central counter party clearing. Unlike Forex trading, futures trading may have commissions. The Forex market is certain and futures offers flexible prices.

The short answer is no. In FX market no physical exchange of currencies ever takes place. All trades exist simply as computer entries on the basis of purespeculation. Every account has a currency denominated like a dollar-denominated account. In that account,all profits or losses are calculated in dollars and recorded as such on the trader's account.

Day Trading is a form of share dealing in which denotes buy and sell of shares over the internet over a period of a single day. The target of this trading is to makea profit from small price fluctuations in a day’s time.Generally, in day trading, a trader buys and sells trading instruments (stocks, currencies etc) in the same day. For example, a trader buys with the opening of the market may be at 10.00 am and sells before the closing of the market may be at 5.00 pm. They try to gain in volume as they make small but multiple trades in a day. Their net profit comes after deducting broker’s commissions and tax (as day trading is short time gain, the tax sometimes climbs up to 30%).

This is a very tough question to answer as there are no specific statistics to defend. Rolf Schlotmann, a trader and an entrepreneur, has made a research and the outcomes of the research goes as under. 80% of all day traders quit within the first two years. Among all traders, nearly 40% day trade for only one moth. Within three years, only 13% continue to day trade. After five years, only 7% remain. Traders sell winners at a 50% higher rate than losers.

Professional traders make money because of experience and expertise they carry. They earn so much of money because they do not spend much time analyzing the market, trade what they see, do not rely heavily on indicators, do not focus heavily on fundamentals, are realistic, have a well-developed discretionary trading sense, are organized and disciplined and use simple trading strategies.

Yes, anybody can be a successful trader, provided he/she train in trading terms, processes and stay dedicated towards market activity. Another factor that adds to success is choosing correct trading partner- broker that provides updates and takes reasonable commissions with guarantees in safe handling of trader’s investment instructions and money.

Pearl is internationally authorized broking service provider. It provides trading opportunity in multiple trading instruments, right from currency to stocks, commodities, futures, options and others. The leverage can go up to 1:500 and we provide good amount of margin for trading. The commission structure, account handling, and trading security are utmost priority of Pearl. We assure up to 99% uptime in our trading. The trading platform provided by Pearl is MetaTrader4 and MetaTrader 5 which are renowned worldwide for their ease of use and security.Besides, you can even become an Introducing Broker and earn through introducing your connections to Pearl services.

It is very easy to get started to trade with Pearl as your trading partner/broker. There are two options to initiate your trading journey. First, you can open a free demonstration (demo) account and start training yourself in the process of trading without paying/spending single penny to anybody. It would be a virtual trading that presents almost life-like results against your applied trading strategies while trading. If you are confident in your present trading skills or have been a trader, you can enter the world of computerized and automatic trading world with a subscription of a live account. Pearl does not take

It is a wrong assumption that there is no buzz around about happenings in Foreign Exchange market or the Forex. It may be that you are not following financial news in dailies and online sources.Forex is a trillion dollar market of currency trading. There are several ways to get into currency trading. For starting to trade in currencies, you need to open a live account from one of the authorized broker and with a certain amount of opening balance you can trade. Currency trading happens in pairs (USE/EUR, USD/JPY, etc.) The entire process is computerized and you can control your trading and access your account even through mobile phones.

Pearl ever supports its clients to trade better. Besides our support team that answers any sort of question regarding trading, we have an education section and demonstration (demo) account to help you learn the trading processes along with financial instrument.

Learning never ends, as long as you keep researching on new things, you learn more. While you spend a good amount of time in learning and try to create your strategy, apply them in demo accounts to understand your market readiness.

Yes, there are thousands of full-time traders as Forex market has a huge opportunity of earning handsomely. As the market is in trillion dollars, a fraction of undulation in the market can lead to considerable amount of profit. Keeping these things in mind, people turn full-time traders.

There are many participants of Forex. The major involved are brokers, traders, banks, financial institutions to name a few only.

Pearl is an authorized broking service provider. It helps traders, Introducing Brokers and White Label partners to trade or make a business out of trillion dollar Forex market.

You are required to produce the personal identity proof, bank statement and other documents in order to open an account with PCML. To withdraw money, you need to log-in to your personal web area, request for withdrawals from accounts following the wizard, and mail your account details. It requires three working days to withdraw money. Withdrawals requested outside business days will be processed on the commencing business day.

A demo account can be opened at free of cost while a live account is opened by paying the initial deposit. Initial deposit differs from company to company. If you want to open a live account with FXPEARL, you need to make an initial deposit of $200.

The primary difference between trading with demo account and live account (trade on real) remain in spending money. In demo account, you virtually trade so you do not have to deposit money. While in trade on real, you need to fund your live account so that you can buy your selected financial instrument (currency or share etc.). In demo account, you have no risk of losing money as you are trading virtually (however, you learn the probable outcome for your applied strategy of trading). In a live account, you have a risk of losing money if there are unfavorable conditions/results against your trading decisions.

You should have stable and high-speed internet access at your home or office to be able to manage the trading account that you have opened with your FX broker.

The primary requirements for an uninterrupted internet connection are a computer device, a functioning internet line and the right modem. You also need software programs such as internet browsers, email clients and any other special applications in order to access the internet.

To be a trader an individual has to be above 18 years of age.

Pearl offers to trade in currency, CFDs, Futures, Options and stocks

It is absolutely safe to work with Pearls. Clients’ funds are held as segregated funds with class “A+” banks. It remains separated from the operating expenses of Pearl as per the mandate of international regulation standards. This would enable Pearl to refund customers in the very unlikely events such as insolvency.All the monetary activities are SSL protected, followed through secure withdrawal processes to protect funds.

You can be an IB with FXPEARL in three simple steps: 1) Open a partner account with PCML 2) fill in the partnership application 3) receive your referral link in the “IB Area” section of your client login at PCML.

We are always with clients to help them in every possible way. For guiding them we have an education section from where a novice trader can learn how to trade. At the same time, our demo account also helps them to apply any trading strategy they create and see probable results against those.