FAQs

To open an account following documents will be required: –

• Identification proof like passport or driving license.
• Residential proof

Your account can have a maximum of 1:200 leverage.

 A2Z Millennium offers three base currencies in which you can trade. You can have multiple accounts for each base currency.

To open an account with A2Z Millennium you need to provide us with some necessary information and submit some identification documents.

Leverage offered for A2Z Mlillennium trading accounts is up to 1:200 depending on the account type.

Stop-loss is an order for closing a previously opened position at a price less profitable for the client than the worth at the time of placing the stop loss. Stop loss could be a limit that you simply set to your order. Once this limit is reached, your order is closed. Please note that you just must leave certain distances from the present market value after you founded stop/limit orders. For further details about the gap in points for every currency pair, please view the limit and stop levels here.

Using stop loss is beneficial if you would like to reduce your losses when the market goes against you. Stop-loss points are always set below the present damage on BUY, or above the present ASK price on SELL.

Yes, we do. You are liberated to hedge your positions on your trading account. Hedging takes place after you open a protracted and a brief position on the identical instrument simultaneously. once you open a BUY and a SELL position on the identical instrument and within the same lot size, the margin is 0.

However, after you open a BUY and a SELL position on a CFD of the identical type and lot size, the margin is merely needed once, and it will be seen here.

The margin of CFDs, once you are hedged, is usually 50%.