forexthrive Forex Replay Simulator FAQ

What is the difference between, Standard and Hedging trading accounts?

Standart account -> You can have only one position, at the same time for the same symbol. Opposite positions will selloff each other according to the trading volume.

Hedging account -> Margin will be calculated based upon the largest side of a hedged position (also known as the longest leg). You can have multiple positions, at the same time for the same symbol.

What is Margin cut or cut-off (Stop-Out) level?

If the Use of Leverage reaches or exceeds your cut-off level.
Brokers will fully or partially reduce the client's exposure by closing existing positions and/or by opening new positions in the opposite direction.
It is a way to prevent further account losses into the negative territory - below 0 USD.

In our simulator all open positons will be closed.

How to open more charts?

1.Find Instruments tab
2.Click the chart icon
3.New chart tab will appear
open new chart

How to add Stop-Loss (S/L) and Take-profit (T/P)?

Exit levels on open trades are applied by a single click on the small white btn.
The value shows your exit target price, if the value is 0 no TP or SL is set for this trade.
set trade exit level

Why the default stop loss and take profit are not followed?

These default values are prefilled as target price on the confirm dialog,but you have to set them manually. exit leves default

What is Equity cut level?

If your equity is less or equal to your cut level, all open positions will be closed.

What is drawdown?

It is the measure of the decline from a historical peak. With other words drawdown is a period of bad luck resulting in bad trading, where you face consecutive losing trades.