Is all trade with Sigma online only or can I use the phone as well?
Once you are an active client, that means that you have registered for a real account with Sigma and have deposited funds into your account with USD, you will be able to trade through the Sigma platform. If you wish to trade and you are not in front of your terminal, you can call our customer support team and they will be able to place or close out a trade as well as set or amend orders and give you account information via the phone.
What types of reports do you offer?
Our reports detail your traded positions as well as your open positions and their current mark to market. Account details are also given on the reports, such as your balance, equity, used margin, available margin, and profit and loss
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In what currencies can I manage my account?
Your Sigma platform runs on USD balances. Back To Top Back To FAQs
Can I place Trailing Stop Orders?
Yes, the Sigma platform allows you to execute trailing stops. Stops become markets orders when executed so the order may not be filled at desired price.
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Can I be long and short in the same currency simultaneously?
Yes, for those clients that like to use hedging trades, this option is available.
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Do you roll my overnight trades automatically?
Yes, all open positions are rolled automatically at the end of every day to the next business day.
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What is the minimum or maximum trade size?
There is no maximum trade size & the minimum is 1k.
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What is the available Trading time? When is trading available?
Sigma is an online trading service provider. The online currency trading market is considered to be the largest growing business market. At Sigma trading is available at three sessions the first begins Sunday at 7:00 P.M. NYT, which is the Asia session. The second is the European session, which begins at 3:00 A.M. The third and final is the New York, which begins at 8:00 A.M. The majority of the trading occurs between 3:00 a.m. and 1:00 p.m. EST.
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What kind of trading strategy should I use?
Visit Sigma Indicators and Trading Strategies
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How do I manage risk?
The most common risk management tools in FX trading are the limit order and the stop loss order. A limit order places restriction on the maximum price to be paid or the minimum price to be received. A stop loss order ensures a particular position is automatically liquidated at a predetermined price in order to limit potential losses should the market move against an investor's position. The liquidity of the Forex market ensures that limit order and stop loss orders can be easily executed. Back To Top Back To FAQs
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