GDMFX - www.gdmfx.com

GDMFX

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Jul 3, 2013
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Details step in start Binary Option Trading-Part 1


HOW TO SIGN UP FOR A BINARY OPTIONS ACCOUNT?

1. Sign up for a demo or real account on our website. Fill in your First Name, Last Name, Email, Country and Phone number. Then, click on ‘Open New Account’.

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2. Please select Live or Demo Account and then choose your Account Category and Type. Also, please verify your Personal Details information are correct before entering your Password and Confirm Password. Click Register to continue.

IMPORTANT: You will need to choose ONLY either Demo-Blade or Live-Blade to be able to trade Binary Options.

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3. Now you have successfully registered for a Demo Account with GDMFX. Please check your email from customersupport@gdmfx.com and click Click Here to Confirm button to confirm your email. After that, you will receive another email that contains your demo login number and password.

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GDMFX

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Jul 3, 2013
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Details step in start Binary Option Trading-Part 2

HOW TO INSTALL THE MT4 BINARY OPTIONS EXTENSION

1. Go to the GDMFX Binary Options page at http://www.gdmfx.com/binary-options

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2. Scroll down the page to the Getting Started section.
3. You will need to install the MT4 platform by clicking on the link “Download MT4 Platform here” if you do not have GDMFX Meta Trader 4 installed yet.
4. Click on the red button at the right side of this section to download the GDMFX Binary Options Extension installer file.

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5. Once you have downloaded the installer, you may install the Binary Options Extension on your PC. You will go through the GDMFX-BO setup wizard. Go through the information shown on the setup and click ‘Next’ all the way to the end of the setup to begin the installation process. Please wait until the installation is complete
and then you may close the setup window.

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6. Upon successful installation, click on the new GDMFX Binary Options platform shortcut icon on your desktop with the name of “GDMFX-BO”. If the shortcut is not created, go to your start menu and click on “GDMFX-BO”.

7. Make sure that you have selected the GDM Forex Meta Trader 4 platform to integrate the Binary Options Extension folder on to your Meta Trader 4 folder. Click ‘OK

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GDMFX

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Jul 3, 2013
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Technical News | GDMFX Brokerage | Daily

Details step in start Binary Option Trading-Part 3a

HOW TO TRADE GDMFX BINARY OPTIONS ON MT4?

1. Enter your Login Number and Password as provided in your account registration and click Login. Choose the right server to login to your trading account.

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2. Once your platform comes up, go to your Market Watch window on the left side of your platform.

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3. Right Click on any part of the window and click on Symbols.

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4. The Symbols window will open and you will find Binary Options there. Click on Binary Options and click on the Show button. Click Close to exit the window

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To be continued...

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GDMFX

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Details step in start Binary Option Trading-Part 3b


5. Scroll down the Market Watch window and you will now see the Binary Option pairs. Look for the symbols with extension “bo” (i.e., EURUSDbo). Note: these may show up in the bottom of the list; you may need to scroll up or down to find them

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6. The Binary Options order ticket will appear. The minimum investment required to open a trade is USD 10. You may choose other investment amount from the Investment drop down option or you may enter your own preferred investment amount only in multiples of 10 (Example: 110, 140, 250). You may choose from a variety of expiry periods ranging from 60 seconds, 5 min, 15 min, 30 min, 1 hour, 4 hours to 24 hours. Different expiry periods will earn you a different payout percentage. In this case, you will be able to earn a profit of 88% in just 60 seconds!

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7. Enter your preferred investment amount and choose your preferred expiry period before you predict whether the market will go up or down. At this point, it’s important to understand a few things:
• If you bid for an “Up” order, it means that if the price of EURUSD after 60 seconds from now is above the opening bid price of 1.33498, you stand to earn an 88% payout of USD94.00 (this is calculated as Investment amount of USD50, plus 88% of USD50, which is USD44.00)
• If you bid for a “Down” order, it means that if the price of EURUSD after 60 seconds from now is below the opening bid price of 1.33498, you stand to earn an 88% payout of USD44.00 (same calculation as above).
• If the EURUSD bid price is equal to the opening EURUSD bid price at 60 seconds expiry period, then the trade is a “Draw” and no money changes hands.

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8. When you click to predict either Up or Down, you will be shown a timer. Click hide if you want to open another Binary Option position. You will see your hidden trades in the trade window. Double click on the hidden window to return it to its original window. When you open a position, there will be a new window with a timer that count downs the time according to the expiry period that you have selected. You will
find other information of your trade on this window.

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GDMFX

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Details step in start Binary Option Trading-Part 3c

9. You can see the outcome of all your trades in the “Account History” section at the bottom of your platform. Go to the Account History, you may search on the order position numbers to check on the profit/loss made.

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10. In the example below, an “Up” trade with 60 second expiry was opened at a price of 1.33493. The Investment selected was USD50. The result of this trade was a win as the closing bid price in EURUSD was above the opening bid price. The investment of USD 50 is returned, and an additional $44.00 of profit is deposited into the account.

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11. In the example below, an “UP” trade with 60 second expiry was opened at a price of 1.33524. The Investment selected was USD 50. The result of this trade was a loss as the closing bid price in EURUSD was lesser than the opening bid price. The result was a loss of the total initial investment of USD 50.

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12. In the example below, an “UP” trade with 60 second expiry was opened at a price of 1.33502. The Investment selected was USD50. The result of this trade was a draw as the closing bid price in EURUSD was equivalent to the opening bid price. No money exchange hands.

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GDMFX

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Technical News | GDMFX Brokerage | Daily

Glossary: Binary Options


Underlying Asset
An underlying asset is a commodity, index, stock, currency pair or any asset that forms the basis for an option.

At-the-Money
A financial term that describes current price of the underlying asset is the same as the price when the option was purchased.

Call Option
A Call Option provides the investor with a profit when the underlying asset closes higher than the level it was purchased at.

Execution Rate
The entry level of the investor to the trade.

Expiry Rate
The price/level of the underlying asset when the option expires. This price determines whether the option is In-the-Money, Out-the-Money or At-the-Money.

Expiry Time
The time & date when Binary Option expires and reaches the end of its predetermined life cycle.

In-the-Money
A financial term that describes the option is profitable. If the option was a Call, then the current price of the underlying asset would be higher than the option price at purchase.

Out-the-Money
A financial term that describes the option is unprofitable. If the option was a Call, then the current price of the underlying asset would be lower than the option price at purchase.

Put Option
A Put Option provides the investor with the opportunity to gain if the underlying asset closes lower than the level it was purchased at.


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GDMFX

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Jul 3, 2013
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FAQS: Binary Options Trading-Part 1


Trading Related, New Account and Personal Information

1. What types of accounts do you offer?

GDMFX offers four types of accounts:
1. Standard
2. Blade
3. Elite
4. The invitational-only Prime account

More info about our trading accounts can be found here.

2. What’s the minimum deposit to open an account?

The minimum deposit for each type of account is as followed:
$100 USD for a Standard Classic account
$1000 USD for Blade account, and
$10,000 USD for Elite account

3. Does GDMFX offer swap-free account?

Yes, GDMFX offers swap-free trading accounts which adhere to the Islamic law (Sharia). With the swap-free account, there will be no interest charges/ roll-over fees when traders extend trades to the next day. Accordingly, there will not be any interest earning by the client.

4. How can I request for a swap-free account?

In order to be qualified for a swap free account, you must either:

(i) Be a Muslim, i.e. one whose religion is Islam (proof required)
(ii) Be introduced to GDMFX by an Introducing Broker/Agent who have got a special agreement with our company to provide such service to his/her traders.

If you meet either of the two requirements above, please contact us here to request for swap free account.

5. What are the necessary steps to open a LIVE Account?

To open and activate a LIVE account, follow 3 simple steps:

Step 1. Fill out the registration forms and agree to our terms and conditions. You can open an account here.

Step 2. Confirm your email registration by clicking on the button “Click Here to Confirm” in the email titled “Response Required: Please Confirm Your Email”. You will then be able to access to your BMP Trader’s Room.

Under any circumstances you are not able to see this email, please contact us here for assistance.

Step 3. Upload two supporting documents in the “Settings” page of your BMP Trader’s Room:
Proof of identity such as National ID or Passport. Please note that ONLY the above two documents will be considered as VALID proof of identity. Proof of address such as Bank Statement, Utility Bill, Driver License (if applicable)

Upon successful verification of your documents, you will receive and email titled “Account Activated” which contains the login credentials to your MT4 trading account. From this point, you will have access to full functional BMP Trader’s Room and MT4 platform facility.

Download MT4 platform for your desktop here.


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GDMFX

Active Trader
Jul 3, 2013
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FAQS: Binary Options Trading-Part 2


Trading Related, New Account and Personal Information

6. How long does it take to approve a new account?

It will take up to 48 hours to approve a new account.

7. What leverage does GDMFX provide?

GDMFX provides leverage up to 1:500 depending on the account type.
Refer here for more information.

8. Can I change my username?

GDMFX will only allow the use of your primary email as your Trader’s Cabinet username. For authentication purposes, you will NOT be allowed to change your username. You may request to change your username by emailing customersupport@gdmfx.com with appropriate identification document(Passport or National ID card).

9. I forgot my Trader’s Cabinet password. What should I do?

Simply click “Forgot password” link when login into my GDMFXTrader’s room , an instruction will be sent to your email as to how to reset your password. Contact us here for further assistance

10. How can I change my personal information?

Go to “Settings” page of your Trader’s Cabinet to change your personal details e.g. phone number, residential address, agent number.

NOTE that you will NOT be able to change your NAME or EMAIL address as we have disabled it for security and safety reasons.

Should you need to change your NAME or Email address, email customersupport@gdmfx.com with appropriate identification document(Passport or National ID card).


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GDMFX

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Jul 3, 2013
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FAQS: Binary Options Trading-Part 3


MONEY OPERATION-DEPOSIT

1. What are the depositing methods offered by GDMFX?

GDMFX offers 4 payment systems:

a. Allcharge: With this payment gateway, you can deposit using Visa/Mastercard debit/credit card. Each email account will be allowed to make 3 transactions per day regardless of success or failure. Each transaction will have a maximum deposit limit of $1,000 USD (This is subject to change from time to time). Your account will be reimbursed 5% convenient fee upon request if you use Allcharge payment gateway.

b. Via Bank Wire/ Telegraphic Transfer: This is the classic type of international fund transfer where it may take up 3 days for the deposit to show up in your MT4 trading account. For deposit amount equal or greater than $500 USD, you may be entitled for a local bank charges/Intermediary bank charges fee waiver. For more information on Deposit Fee Waiver, please click here.

c. Allied Wallet: You can deposit using Visa/Mastercard debit/credit card with this payment gateway. Note that there will be a $3,000 USD maximum deposit limit imposed on each transaction.

d. Worldpay: This payment gateway offers a versatile international fund transfer option where you will deposit to a designated worldpay (bank) account (different for each type of currency chosen from a list of 25 currencies). You will need to take note of the Transaction/Payment Reference number and email this to accounts@gdmfx.com with your Full Name, and the MT4 account number to be deposited. Upon your first deposit, there will be a 10% welcome bonus. For more info on this promotion, please refer to this link.

2. What currencies can I deposit?

GDMFX accepts deposits in USD and EUR.

3. How do I wire money into my GDMFX account?

Please see the following wiring instruction:
Beneficiary Name: GDM Int Limited
Beneficiary Bank Account:
368-0-079351-6 (for USD currency)
368-1-135508-6 (for EUR currency)
368-0-079350-8 (for HKD currency)
Beneficiary Bank: Standard Chartered Bank Hong Kong
SWIFT Code: SCBLHKHH
Bank Address: Standard Chartered Bank Building, 4-4A Des Voeux Road, Central, Hong Kong
Special Instructions: (Please specify your name and GDMFX account number here)

For possible Deposit Fee Waiver and Welcome Bonus, please email your Telegraphic Transfer slip to accounts@gdmfx.com with your MT4 account number as the subject.

4. Does GDMFX charge a wiring fee?

No, GDMFX does not charge a wiring fee for incoming deposits, but there is fee of $20 for withdrawing via TT/Wire Transfer.

5. Does GDMFX accept credit cards as the deposit/withdrawal method for the accounts?

GDMFX accepts credit card for deposits only. All withdrawals will be done via Bank Transfer, with a flat fee of $20 USD per withdrawal request regardless of the amount being requested.


MONEY OPERATION-WITHDRAWAL

1. How do I withdraw funds from my account?

To request for a fund withdrawal, follow 2 easy steps below:
1. Login to your Trader’s Cabinet > Funds > Withdraw Funds.
2. Fill in your bank credentials and click “Submit”.

Our officers will verify your bank details and the request will be processed within 1-3 business days. Note that there will be a $20 USD Bank Wire flat fee per transaction. Also, there could be some additional charges from your bank if it does not use the same Intermediary bank as us, which is Standard Chartered Bank Hong Kong. Please contact your bank to find out which Intermediary Bank it uses for USD denominated transactions to avoid future confusion of excessive charges.

2. Can funds be transferred from a bank account other than my own?

Funds can only be transferred from the bank account bearing the same name as stated on your GDMFX’s Trader’s room.


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GDMFX

Active Trader
Jul 3, 2013
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FAQS: Binary Options Trading-Part 4


Live Trading Related

1. What is the MetaTrader 4 trading platform?

MetaTrader 4, developed by MetaQuotes Software Corporation, is an electronic trading platform widely used for online retail foreign exchange trading. It provides various tools for price analysis, simplified trade order and execution procedures for the traders and is by far the most popular electronic trading platform in the world.

More information on the MT4 trading platform can be found here.

2. What is leverage? How can I change it?

Leverage is the usage borrowed capital (margin) to increase the potential return of an investment. GDMFX offers leverage up to 1:500 to our clients.

Please be advised that leverage availability differs depending on your account type. Refer here for more details.

3. What is the minimum trade size?

The minimum contract or lot size offered by GDMFX is 1000 units of base currency which equates to 1 micro lot. For example, if you were to trade 1 micro lot of GBPUSD, you would be trading 1,000 Pound Sterling.

4. What kind of spreads do you offer?

GDMFX offers fixed spread for Standard Classic account, variable spreads for our ECN Blade, Elite and Prime accounts.
More information about our spreads can be found here.

5. What are the products you offer? Can I trade indices?

GDMFX offers 36 currency pairs and several popular indices. As our client, you are welcome to trade in all of the available financial instruments found in our platform.

6. Can I change my trading account currency?

Yes, you can change your trading account currency between US Dollar, Euro, Great Britain Pound Sterling, and Australian Dollar. Additional charges will be applicable when changing your trading account currency from one to another.

7. Can I lose more than I deposited?

No, our clients will not lose more money that what is left in their trading account balance. GDMFX will, on a real-time and automatic basis, execute a Margin Call when your account has less equity available than required to maintain your open positions. This automatic execution of a margin call is to protect our client from losing more money what they have available in their account balance, whilst also protecting the interest of GDMFX.



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GDMFX

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Jul 3, 2013
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FAQS: Binary Options Trading-Part 5


Live Trading Related

8. Is hedging allowed?

Yes, GDMFX allows our clients to hedge any or all of their positions so long as there is sufficient liquidity to do so.

9. Are scalpers allowed?

Yes, GDMFX allows our clients to adopt any trading strategy so long as there is sufficient liquidity to do so.

10. Do you offer VPS services?

No, GDMFX does not offer VPS, but have no objections to their use.

11. Do you offer trading signals?

No, GDMFX does not provide trading signals. We provide the tools and trade history for our clients to help our clients make the best out of their trading activities, we do not however offer any investment advice.

12. MQL Signals (Social Trading) - My Trades are rejected

Please note, if you would like to use Social Trading with an MQL Signal Provider a separate MT4 Account with disabled Binary Options must be opened for you. In order to do so, please send a request to customersupport@gdmfx.com and the special account will be organized for you.

13. What are the PC system requirements to run the platform?

The minimum system requirement to run the MT4 platform is as below:
Operating systems: Windows XP/Vista/Seven
Processor: 1.5 GHZ
RAM: 1 GB
Broad band internet connection

Recommended requirements by GDMFX is as below:
Operating systems: Windows Vista/XP/Seven
Processor: 2 GHZ or higher
RAM: 2 GB or more
Stable Broad band internet connection

The above recommendations only serve as a general guideline on the system requirements to run MetaTrader 4. Clients are strongly recommended to use a fast and stable internet connection to avoid technical problems that might arise from poor internet connection.


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GDMFX

Active Trader
Jul 3, 2013
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FAQS: Binary Options Trading-Part 6


Live Trading Related

14. Can I trade using my mobile device and tablet PC?

Yes, you can trade on your smartphone such as iPhone, Android, Windows Mobile phone and tablet PC such as the iPad, Android tablet, and Windows tablet through apps downloadable online.

Please note that some of the indicators and templates might be limited on mobile device and tablet PC. To overcome this, you may need to use VPS server with a remote desktop program running to access the full functional MT4.

More information regarding our trading platforms can be found here.

15. I forgot my MT4 trading account password. What should I do?

You can request a password reset by sending an email with a valid Identification document to customersupport@gdmfx.com.

Upon successful login, please remember that you can always change the password to your liking by going to Tools > Options. It is located in the Menu Tab at the top left corner of your MT4 platform terminal.

16. How can I access my past transaction history in the platform?

Past transaction history in MetaTrader 4 can be found in the “Account History” Tab in the Terminal Window. If you could not find the Terminal Window, please follow the following steps: Click View>Terminal. Right click in the “Account History” tab and choose All History to view all past transactions.

17. Where can I find my account balance/margin/free margin/equity/profit and loss?

You can find your current balance, margin, free margin, equity, and profit or loss in Terminal window in the MetaTrader4 platform. If you could not find the Terminal Window, please follow the following steps: Press View>Terminal

18. How do I insert chart indicators?

Basic indicators offered in MetaTrader 4 can be added by clicking on Insert> Indicators.

19. How do I add my custom indicators?

Custom indicators can be added into our trading platform by following the steps below:

1.Close GDMFX MetaTrader 4 Platform
Copy the desired custom indicator into Programs > Metatrader4> Experts>Indicators

2.Restart GDMFX MetaTrader 4 Platform. The custom indicator can be inserted by clicking on Insert> Indicators >Custom.


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GDMFX

Active Trader
Jul 3, 2013
954
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FAQS: Binary Options Trading-Part 7


1. What underlying assets are available for GDMFX Binary Options?

Currencies and commodities are available in trading Binary Options.

2. How to Install the MT4 Binary Options Extension?

You can install Binary Options Extension here.

3. How to login to GDMFX MT4 Binary Option?

Once you installed Binary Options Extension, open it and GDMFX Binary Options login windows will appear. Input your login details from your GDMFX forex trading account and click Login.

4. How can I see Binary Options Symbols?

Once you login, a standard GDMFX MT4 platform will be open. Right click on the Market Watch window and choose on ‘Show All’ button. Look for the symbols with extension “bo”. For example, EURUSDbo.

5. How to place an order in Binary Option?

Double click on one of the Binary Options symbols (such as EURUSDbo). A trading window will appear. Set the amount that you are willing to invest (in account currency), choose a timeframe and click UP or DOWN button.

6. How do I view the outcome of a trade?

You can see the outcome of your trade when the time of a binary option expire and also in the “Account History” section of the platform.


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GDMFX

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Jul 3, 2013
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GDMFX: Social Trading

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What is Social & Auto Trading?

It is a mutually beneficial cooperation of traders and investors whereby successful traders allow monitoring of their trading and potential investors take the opportunity to monitor their performance and copy trades of those who look more promising.

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You monitor real-time trading of a number of traders, connect to the most successful ones and copy their trades in automatic mode – that’s what social trading is about. For novice and inexperienced traders who have just turned to financial markets for additional income, it is probably the best opportunity to actually start trading.

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You do not need to be a professional trader with a great bundle of knowledge and skills in order to trade professionally. Nor do you need to follow and analyze the news from financial markets, work out and implement trading strategies and be prepared to change the ones that fail to keep monitoring their performance in the new market conditions. Thanks to social trading it all becomes unnecessary since you can simply copy trades of all those who follow the news, analyze markets and create profitable strategies.

Is it difficult to start mirror trading and how much does it take? While hedge fund investing was not available to many due to high entry threshold (hundreds of thousands and millions of dollars), social trading is a highly affordable system available to absolutely any trader with any income level. It opens up access to a large market with vast opportunities that you, too, can use.

Social trading advantages are obvious:

1. Additional income for traders or investors
2. Investment diversification
3. Opportunity to connect to the most successful traders and automatically mirror their trades
4. Low entry threshold: start with a minimum budget
5. Practice opportunities: trade on demo accounts
6. Time saving
7. High operability and user-friendly interface


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GDMFX

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SOCIAL TRADING: Account Opening


To be able to trade under Social Trading either as a signal subscriber or a signal provider, you need to sign up an an account with MQL5.COM. If you are an existing investor of GDMFX, you can straignt away proceed with this signing up. Otherwise, you need to have a trading account with GDMFX before proceed. To register a new account with GDMFX, you can click here.

SIGNING AN ACCOUNT WITH MQL5.COM

1. Open an account on mql5.com at https://login.mql5.com/en/auth_register if you do not have it yet. You can skip to instruction 5 if you have already have an account. Create a login name, enter your name, password, fill in the verification code and click Register.

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2. You will receive a confirmation email and you need to click on the link as instructed. An example of it is shown below.

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GDMFX

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Jul 3, 2013
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SOCIAL TRADING: How to be a Signal Subscriber?


Step 1: Linking the MT4 Platform with your MQL5.com Account
1. To setup your MT4 for subscription, firstly you need click Tools> Option.

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2. Click on the ‘Community’ tab and key in your login and password from your MQL5.com account.

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3. You may now be able to see a list of signal provider and you may toggle on to which information to be displayed on the platform by right clicking on the Signal panel.

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4. Now you may be able to subscribe a suitable signal in the trading terminal. Subscription to signals source will be set with standard parameters: the current day will be set as a start date and duration will be set to 1 month.


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GDMFX

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SOCIAL TRADING: How to be a Signal Subscriber?


Step 2: CHECKING THE TRADING STATISTICS OF SIGNAL PROVIDER_Part A

1. Firstly, open up the signal tab on your MT4. Double click on the name of a signal that you would like to subscribe to.

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2. You may be able to see a summary of the signal provider’s profile in the MT4

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3. Click on the name of the signal provider to access his full trading profile.

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4. The profile will allow you to monitor complete social activities of any signal providers such as the signal published and also can communicate directly with them.

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--------------------
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GDMFX

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SOCIAL TRADING: How to be a Signal Subscriber?


Step 2: CHECKING THE TRADING STATISTICS OF SIGNAL PROVIDER_Part B

5. To monitor the statistics of all published signals directly from their profile, you need to click on the Seller tab on the right of your profile to access the statistics.

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6. You can access extra details by clicking on the monthly or overall statistical figure and it will be reflected in the chart.

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7. You can also place your mouse cursor on the detailed statistics and this data will be highlighted inside the chart

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8. This will show you a summary of their best and worst trades, maximum consecutive wins and losses and their maximal consecutive profit or loss. These information allow you to find suitable signal provider that suit your risk or investment portfolio.

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Site: Visit Our Official Site
Page: facebook.com/GDMFX.NZ
Skype: customersupport.gdm
Email: customersupport@gdmfx.com
 

GDMFX

Active Trader
Jul 3, 2013
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SOCIAL TRADING: How to be a Signal Subscriber?


Step 3: HOW TO SUBSCRIBE TO A SIGNAL PROVIDER?
1. For a full demonstration purpose, we have two meta trader 4 account, with the signal provider using the platform on the left side while the subscriber using the platform on the right side.
2. When you have decided on which signal provider to subscribe, click on the ‘Subscribe’ icon.

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3. Sign in to your MQL5 account on your Meta Trader 4.
4. Check the box to agree to the terms of use of the signals service and click OK.

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5. Check on two options in the “Signals” tab:
*Agree to the terms of use signal service
*Enable real-time signal subscription

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6. From now on, all trading operations performed by the selected signals provider will be automatically copied in your Meta Trader 4 platform.

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--------------------
Site: Visit Our Official Site
Page: facebook.com/GDMFX.NZ
Skype: customersupport.gdm
Email: customersupport@gdmfx.com