Frequently Asked Questions
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We will empower you with the knowledge you need to begin your trading journey or sharpen your current trading strategy. Read the below FAQs to learn and clear your doubts.
Phone support is available from 9am to 5pm EST. Web chat is available 24 x
7.
UITFX has education partner relationships that can help with trading
education. UITFX can provide you a real-time demo that will allow you to
trade the stock market and not lose a single penny!
At UITFX our door is always open to new relationships. Please contact us if
you would like to be part of the UITFX team. We offer all our associates
unlimited earnings potential. Get started today and become one of our
trusted partners.
Funding of accounts can be made by (direct) bank to bank wire transfers. We
also allow for alternative options such as paypal, debit or credit card
funding. Also,the name appearing in the bank account from where the funds
are transferred must be the same as what is on file with us. Please note
Third Party Funding is not accepted.
Accounts must have a minimum balance of $200.
Yes, you can create a Demo Account and learn & understand our tools and
platforms. After that you can create live account.
Yes, we have mobile applications for both Android and IOS phones. You can
also use PC software or Web Terminal.
You can open either a Demo Account or a Live Account. Click on links given
at Home Page and other pages as per your need.
Visit Contact Us page on website and you an find our contact number and
email. You can also contact us by filling a contact us form.
We provide modern technologies and tools for better trading experience. We
have easy to use UI and freshers can easily operate our products.
Cash indices are financial derivatives that are calculated as the weighted
average of the top performing companies included in the index. Cash market
transactions take place either on regulated exchanges or over-the-counter
(OTC). This is in stark contrast to the futures market, which exclusively
trades on exchanges and even the currency forwards market, which is
generally traded OTC. The NYSE is a real-world example of a large regulated
cash market. The S&P 500 index is a leading index of NYSE, listing the
collective value of top trading companies on the exchange.
Cash indices track and measure a particular group of related stocks. Since
there are thousands of such stocks trading across the various exchanges,
indices provide a window into the overall market sentiment and prove to be
an effective tool to benchmark against individual stock portfolios.
The advantage of trading cash indices over individual securities and
commodities is the amount of exposure they provide to the entire industry.
As an investor, you don’t need to conduct research on individual P&L
statements and news reports of different companies. Depending on the market
sentiment, all you have to do is take a short or long position.
When traders invest in cash indices, instead of individual securities, the
risk factor is considerably reduced, since the effect of a single company’s
performance doesn’t influence the entire index. This suits the more
risk-averse and long-term investor.
Energy trading involves products like crude oil, electricity, natural gas
and wind power. Since these commodities often fluctuate abruptly they can be
attractive to speculators. Trade on energy derivatives & diversify your
trading portfolio.
Leverage is the use of borrowed funds to increase one's trading position
beyond what would be available from their cash balance alone. Brokerage
accounts allow the use of leverage through margin trading, where the broker
provides the borrowed funds. Forex traders often use leverage to profit from
relatively small price changes in currency pairs. Leverage, however, can
amplify both profits as well as losses.
In finance, a spread refers to the difference between two prices, rates, or
yields. One of the most common types is the bid-ask spread, which refers to
the gap between the bid (from buyers) and the ask (from sellers) prices of a
security or asset. Spread can also refer to the difference in a trading
position – the gap between a short position (that is, selling) in one
futures contract or currency and a long position (that is, buying) in
another