FAQ

1  - COMPANY
2  - OFFER
3  - ACCOUNT OPENING
4  - FUNDING & WITHDRAWALS
5  - TRADING
        5.1 ORDERS
        5.2 EXPERT ADVISOR
        5.3 MOBILE TRADING
6  - TECHNICAL QUESTIONS
7  - GENERAL QUESTION ON FOREX

1 - COMPANY
 
What is Basel Financial profile?
 
http://www.baselfinancial.com/en/company/Companyprofile.aspx
 
 
 
Does Basel Financial have any branches in other countries?
 
Yes Basel Financial has a support office in Cyprus and developing offices in Dubai and China.
 
 
 
What are Basel Financial addresses?
 
Cyprus
Mailing address: P.O.Box 57216, Limassol 3313, Cyprus
Business address: 14, Louki Akrita Str., Ayias Zonis, Limassol 3030, Cyprus
Tel.: + 357 25 34 66 06
Fax: + 357 25 34 66 04
Email: info@baselfinancial.com
 
Mauritius
Medine Mews, Chaussée Street
2nd Floor, Office 113
Port Louis – Mauritius
Tel.:+230 - 211 9667
Fax: +230 - 211 9427
Email: info@baselfinancial.com
 
 
How can I contact Basel Financial?

For Technical Support, send an email to technicalsupport@baselfinancial.com
For information about Basel Financial partnership program send an email to marketing@baselfinancial.com
For accounting questions send an email to accounting@baselfinancial.com.
Send an email to info@baselfinancial.com for more information about this matter.
 
How long has Basel Financial been in business?

Basel Financial has been in business since 2008 and has a combined experience of 53 Years.
 
Is Basel Financial regulated?
 
Basel Financial is authorized and regulated by the Financial Services Commission (FSC) in Mauritius, an institution dedicated to the supervision of the financial services sector.
http://www.baselfinancial.com/en/company/Regulation.aspx
 
 
How many clients does Basel Financial have?

Basel Financial client base has reached 45512 dedicated clients from all over the world.
 
 
Does Basel Financial accept clients from all over the world?

Yes, clients are accepted from everywhere in the world with no exceptions.
 
 
Does Basel Financial report USA citizens earning by way of 1099 to the US government?

According to Mauritius law, Basel Financial is under no obligation to declare your account or for that matter your earnings. No information will be forwarded to third parties.
 
 
Are my funds safe and secured with Basel Financial?
 
Read the following article; click and open the following link:
 
http://www.baselfinancial.com/en/company/Safety_of_funds.aspx
 
 
Does Basel Financial cover trades with any banks?
 
Yes. Basel Financial counter parties are CITI bank, Credit Suisse, UBS and Deutsche Bank, four of the largest banks worldwide with practically unlimited liquidity.
 
http://www.baselfinancial.com/en/company/Businesspartners.aspx
 
 
Who are Basel Financial liquidity providers?
 
Basel Financial liquidity providers and partner banks are, but not limited to:

  •  UBS (one of the world’s top ten largest banks and Switzerland’s first bank)
  • Credit Suisse (Switzerland’s second largest bank)
  • Deutsche Bank (also one the world top ten largest banks)
  • Arab Bank
  • HSBC
  • Hellenic Bank
  • CITI Bank
  • Laiki Bank
  • JPMorgan

Is Basel Financial a market maker or an ECN?
 
Basel Financial is an ECN.
ECN stands for: Electronic Communication Network
An electronic communication network (ECN) is the term used in financial circles for a type of computer system that facilitates trading of financial products outside of stock exchanges. The primary products that are traded on ECNs are stocks and currencies. ECNs increase competition among trading firms by lowering transaction costs, giving clients full access to their order books, and offering order matching outside of traditional exchange hours.
 
How does Basel Financial make profit?
 
Basel Financial profit comes from the spreads, overnight charges and from the huge volume traded at Basel Financial.
 

2    OFFER
 

What does Basel Financial offer?
 
Basel Financial offers its online trading services for FX, Futures, Commodities and Energies.
Follow this link for detailed information about Basel Financial offer:
http://www.baselfinancial.com/EN/Offer_and_Platform/index.aspx
 
 
What products can be traded with Basel Financial?
 
Please follow these links to view Basel Financial products and their details:
Forex: http://www.baselfinancial.com/en/Products/Forex.aspx
Precious metals: http://www.baselfinancial.com/en/Products/Precious_metals.aspx
Energies: http://www.baselfinancial.com/en/Products/Energies.aspx
Indices: http://www.baselfinancial.com/en/Products/Indices.aspx
 
 
What spread does Basel Financial offer?

Basel Financial offers 1 pip spread on the 7 major currencies and zero spread on the majors for Micro accounts.

EUR/USD
GBP/USD
AUD/USD
USD/JPY
USD/CHF
USD/CAD
NZD/USD
 

Will Basel Financial spread be fixed during news announcements?
 
Market spread may be offered on all Basel Financial selected products for the duration of news releases and throughout hectic markets.

 
What leverage does Basel Financial offer?
 
You can choose the leverage that best suits your investment needs. Basel Financial provides the following choices:
 
• Full investment (Unleveraged)
• 1-05 (Standard)
• 1-10 (Standard)
• 1-20 (Standard)
• 1-50 (Standard/ Mini)
• 1-100 (Standard default/ Mini Default/ Micro)
• 1-200 (Standard/ Mini/ Micro)
• 1-300 (Mini/ Micro default)
• 1-400 (Micro)
• 1-500 (Micro)
 
To change the leverage of your account, please use the corresponding online form within Basel Financial Client Portal.
 
 
Does Basel Financial charge commission, swaps or overnight charges?
 
No Commission and no Swaps are applied by Basel Financial but overnight charges are applied after the fourth and the fifth business day depending on the type of account. Check the following link for more details:
http://www.baselfinancial.com/en/Accounts/OverNightCharges.aspx
 
 
What trading platform is Basel Financial using?
 
Basel Financial uses Meta Trader 4 and BlueTrader.
 
To learn more about these platforms click on the links below:
 
http://www.baselfinancial.com/en/Trading/Trading_platform.aspx
 
http://www.baselfinancial.com/en/Download/Trading_platforms.aspx
 
 
Does Basel Financial provide demo accounts?
 
Yes, check the following link: http://www.baselfinancial.com/EN/DemoAccount/index.aspx
 
 
Does Basel Financial have partnership programs?
 
Yes. Please click here for more details:
http://www.baselfinancial.com/EN/Partner_With_US/index.aspx
 
For more information about the possibilities of becoming one of Basel Financial partners, please send an e-mail to marketing@baselfinancial.com
 
 
In which languages does Basel Financial provide customer support?
 
Customer support is provided in English, Arabic, French, German and Spanish for the time being.
 

3    ACCOUNT OPENING
 
 
What is the difference between a real and a demo account?

The demo account is identical to the real account; nevertheless each type of real account has its own settings, check the following links:
 
For the Micro account:
http://www.baselfinancial.com/EN/accounts-pages/MicroAccount_Terms.aspx
 
For the Mini account:
http://www.baselfinancial.com/EN/accounts-pages/MiniAccount_Terms.aspx
 
For the standard account:
http://www.baselfinancial.com/EN/accounts-pages/StandardAccount_Terms.aspx
 
 
What is the process to open an account?

Open account online: Basel Financial online registration facilities enable you to open an account in a very short time. When the customer registration is received along with the required mandatory documents, Basel Financial compliance department will examine your application. In case information or documents are missing, the process will be delayed.
Normally it takes only one hour for you to receive your account confirmation and access during business hours.
http://www.baselfinancial.com/EN/open-account/index.aspx
 
Open account using PDF forms:
http://www.baselfinancial.com/en/open-account/open_account_using_pdf.aspx
 
You will receive the access codes to your trading account upon approval of your registration. These codes will also enable you to access Basel Financial Client Portal. This Client Portal offers unique client services exclusively to account holders. These services are accessible anytime from anywhere through Basel Financial secure Client Portal on www.baselfinancial.com. More details about these services are available at this link:
http://www.baselfinancial.com/en/Accounts/Uniqueclientservices.aspx
 
Once funds are wired and deposited in the client account, the client trading account will be activated.
 
 
Can I send Basel Financial both an ID card and a passport document to proof my address instead a recent utility bill?

Yes you can. If your permanent residence address appears on your ID or passport, then there is no need for a supplementary proof of address. Please keep in mind that the address on the identification documents has to match the address on the registration.
 
 
Can I send my documents by email or fax?

Applications are processed online through Basel Financial website www.baselfinancial.com. The mandatory documents can be uploaded while registering or sent by email to info@baselfinancial.com.
 
 
Where can I download the platform for a real account?
 

Follow this link to download the real platform:
 http://www.baselfinancial.com/en/Download/Trading_platforms.aspx
 
 
What is the minimum deposit required to open a real account?
 
The minimum first deposit required depends on the type of account:
- Basel Micro account: 50 USD
- Basel Mini account: 200 USD
- Basel Standard account: 2’000 USD
 
 
How many accounts can I download simultaneously?
 
You can have as many platforms (opened accounts) as you like on the same PC at the same time by installing it in a different path (different place on your Hard Disk), and using different name of the shortcut that you have on the desktop.
 
 
  
4    FUNDING & WITHDRAWALS


 
How can I deposit funds on my trading account?
 
Accounts funding is done through bank wire transfers or by credit card on Basel Financial website. Check this link for more details about funding facilities:
http://www.baselfinancial.com/en/Funding/Funding_policy.aspx
 
These services are only available for real account holders and can be accessed through the Client Portal. Bank wiring instructions and access codes to the Client Portal are only given to the client along with the account details and confirmation.
 
In order to facilitate the process and to make sure to retrieve your payment, please fill in the online deposit form available within the Client Portal:
http://www.baselfinancial.com/EN/Client_Portal/Login.aspx
 
 
Does Basel Financial accept funding by credit cards?
 
Yes, online funding via credit cards is accepted. Credit Card payment is accessible through the Client Portal and available to real account holders only. To access the Client Portal click here: http://www.baselfinancial.com/EN/Client_Portal/Login.aspx
 
Please note that some times clients who wish to use this service must subscribe to the service providers (Moneybookers/ Paypal / Alertpay / WebMoney), in order to be able to transfer the funds via their credit cards and accounts.
 
 
Are there any fees for credit card deposits?

  • BaselFinancial : NONE
  • Credit card companies: YES. Transaction costs: 2.1% + EUR 0.29 fixed fee will apply per transaction (Moneybookers fees). And PayPal will charge you 3.5% of the transfer.
     

What is the minimum deposit amounts using Credit cards?
 
The minimum amount to be deposited by credit cards is 25USD.
 
The minimum first deposit required depends on the type of account:

  •  Basel Micro account: 50 USD
  •  Basel Mini account: 200 USD
  •  Basel Standard account: 2’000 USD

Is it allowed to transfer money from one account to another within Basel Financial?
 
It is possible to make an internal transfer from one accounts to another, this can be done by using the internal account transfer form available within the client portal PDF forms:


 
I have sent a wire transfer to Basel Financial but my account has not been adjusted. What is the problem?
 
International wire transfers may take between 2 to 3 business days to arrive. As soon as the funds are received, your account will be adjusted accordingly. Send the transfer details to accounting@baselfinancial.com and they will follow up on the transfer and contact you.
 
 
How can I withdraw funds from my account?
 
Withdrawal is possible through the following solutions:
 
Bank Transfer
PayPal
WebMoney
MoneyBookers
 
 All the relative forms are accessible through the Client Portal to real account holders.
http://www.baselfinancial.com/EN/Client_Portal/Login.aspx
 More withdrawal facilities will soon be available.
 
Procedure for bank
 
Fill in the Withdrawal online form available on the Client Portal withdrawal page or fill-in the PDF form available in the client portal as well. Within one business day the amount will be deducted from your trading account and sent to your bank account through bank wire transfer.
 
Procedure for other providers
 
Use the same forms above but indicate the type of transfer and the account details with your provider in the comment field.
 
 
 
Does Basel Financial charge any fees to withdraw money?
 
Basel Financial does not charge any fee for transfers.
Wire transfer will bear bank charges that will be at the charge of the client.
 
 
5    TRADING


How are trades executed?

  1.  All orders are guaranteed according to the fair market rate.
  2.  When a client clicks for a trade, the client makes a request according to the market watch price. If the requested price is a traded market price the trading system will confirm. Otherwise, if the price changes, the system will send an automated re-quote with the fair market rate. The client will then have the choice to confirm or reject.
  3. Basel Financial Inc. reserves the right to cancel and delete any transaction/pending order executed on an invalid price (directly executed or re quoted) without prior notice.
  4.  Market spread may be offered on all or selected products for the duration of news releases and throughout hectic markets.
     

Is trading automated?
 
Basel Financial implements the highest technological standards, through state of the art bridging software with first class banks to ensure the highest execution performance. Currently Basel Financial has achieved the following automation levels.
 
• In normal market conditions trading is automated up to 90%.
• In hectic market conditions trading is automated up to 60%
• In unusual conditions or emergencies, automation will be disabled, (Collapsing Market, internet disconnections, technical problems and electrical blackouts) and will be replaced with the Trading Room.
 
Consequently this makes clients trading experience much smoother than anywhere else.
 
 
What is a "Re-quote" and why does it occur?
 
Basel Financial does not enforce any quotes or prices on the client; no instant execution will be filled without the prior approval of the client.
 
When a client clicks for a trade, the client is making a request according to the market watch price. If the price is available, the automated trading system will confirm immediately. Otherwise, the automated trading system will send a re-quote with the current fair market price. The client will have the choice to accept or reject the new price.
 
 
How does Basel Financial decide its currency prices?
 
Basel Financial gets diverse feeds from a variety of first class international banks and various global exchanges feeds and takes the best price of those rates.

 
What is the minimum/maximum transaction size that I can execute per trade?
 
Micro accounts:
Minimum volume per transaction for Basel Micro account is 0.01 lot (1 micro lot)
Maximum volume per transaction for Basel Micro account is 0.09 lot
 
Maximum volume per account (Positions open at the same time): Basel Financial limits the volume of the account positions that can be active at the same time to 250 micro lots.
 
Mini accounts:
Minimum volume per transaction for Basel Mini account is 0.1 lot (1 mini lot)
Maximum volume per transaction for Basel Mini account is 0.9 lot
 
Maximum volume per account (Positions open at the same time): Basel Financial limits the volume of the account positions that can be active at the same time to 150 mini lots.
 
Standard accounts:
Minimum volume per transaction for Basel Standard account is 1 lot (1 standard lot)
Maximum volume per transaction for Basel Standard account is 9 lots
 
Maximum volume per account (Positions open at the same time): Basel Financial limits the volume of the account positions that can be active at the same time to 60 standard lots.
 
How many pairs can I trade?
 
There is no limit on how many pairs you can trade. However, Basel Financial limits the volume of the account positions that can be active (open) at the same time to:
 

  •  250 micro lots on Micro accounts
  • 150 mini lots on Mini accounts
  •  60 standard lots on Standard accounts


Does Basel Financial allow scalping?
 
Definition: Scalping is a trading strategy based on the following principles:
 
• Distance in pips between open and close price (Averaging eight basis points or less
   over any 24hours period)
• Time between open and close
• Frequency of trades
 
The smaller the distance in pips between open and close price, the shorter the time between open and close, the higher the frequency of the trades, the more chances you have to be qualified as a scalper.
 
Scalping is allowed under one or all the following conditions:

· Higher spread may apply.
· Lower leverage may apply.
· A commission may apply.
 
 
Does Basel Financial allow hedging?
 
Basel Financial allows hedging upon request. Requests have to be submitted through the client portal. Your account can stay in the hedge mode for as long as you like with no additional margin requirements.
 
How can I change my leverage?
 
To change the leverage of your account, please fill in the “Leverage” online form on the Client Portal: http://www.baselfinancial.com/en/client_portal/login.aspx or fill-in the relevant PDF form and email it or fax it to Basel Financial.
 
IMPORTANT: It is mandatory that all trading positions are closed before the leverage change can take place.
After Basel Financial receives your request and if you do not have any open positions, your leverage will be changed within one business day.
 
What are Margined Trading Accounts?
 
http://www.baselfinancial.com/en/Education/MarginLeverage.aspx

 
Can my account be liquidated?
 
Micro accounts: when the Margin Level drops below 5% all open position will be liquidated and pending orders will be cancelled in the event that no sufficient margin are available.
 
Mini accounts: when the Margin Level drops below 5% all open position will be liquidated and pending orders will be cancelled in the event that no sufficient margin are available.
 
Standard accounts: when the Margin Level drops below 25% all open position will be liquidated and pending orders will be cancelled in the event that no sufficient margin are available.
An alert about your margin level will show on your platform when the margin level reaches 100%.
 
At zero equity, Basel Financial will liquidate (close) all open position(s) including hedged positions.
 
Basel Financial will not allow any account to go into deficit. Should this occur, Basel Financial will adjust the balance to zero and Basel Financial will cover the difference.
 
Accounts may be liquidated according to the provisions within the Customer Trading Agreement.
 
How can I report a trading error?
 
If you wish to report a trading error please send an email to support@baselfinancial.com or call Basel Financial at +357 25 34 66 06.
The following information is needed to be able to assist you in this regard:
Your name
Your trading account number
Detailed enquiry description
Your ticket/s number if applicable
 
Any trading error must be reported quickly.
 
How can I receive a statement report?
 
Receive an up-to-date complete detailed statement of your account instantly, anytime and any where through Basel Financial Client Portal. Your account statement will include your open positions, closed positions and the full history of the account. Follow this link to login to the Client Portal http://www.baselfinancial.com/en/client_portal/index.aspx
 
BlueTrader:
 
Click on the history tab in the client terminal, then right click and choose “Save as report” or “Special report” to create your custom report.
 
MetaTrader:
 
Kindly note that the statement report (Confirmation Report) is a daily report auto generated by Basel Financial trading system
when you have an open transaction --> in the "Trade" Tab on your trade station or
§ when you have a closed transaction --> in the "Account History" Tab in your Trade Station has been done (closed) in the same date.
 
However, you can get full account statement or a custom statement as follows:
§ Select the Account History tab
Select " All History " from right click menu or you can choose the period you want
Then select “save as report ".
 
5.1   ORDERS
 
Does Basel Financial guarantee pending orders?
 
§ All pending orders are guaranteed according to the fair market rate.
§ All pending orders must be placed according to product specifications. Check products tabs on www.baselfinancial.com
§ Once pending orders are in process, Basel Financial system will reject any cancellation or modification attempted during that time.
§ All pending orders are good until Friday and market holidays i.e. sell/buy stops, sell/buy limits, stop loss and take profits orders, and contingent orders. All pending orders will be automatically canceled every Friday evening and in the evenings before public holidays.
 
 
Does Basel Financial allow slippage?

No. Basel Financial does not work with slippage at all. Be assured that the client will always get fair market price and each transaction is made with the client's consent only.
 
 
What is the difference among buy limit, buy stop, sell limit and sell stop?

Buy limit - to place an order (Buy position) at a price lower than the market price at the moment of placing the order.
Buy stop - to place an order (Buy position) at a price higher than the market price at the moment of placing the order.
Sell limit means - to place an order (Sell position) at a price higher than the market price at the moment of placing the order.
Sell stop means - to place an order (Sell position) at a price lower than the market price at the moment of placing the order
 
Can I use the trailing stop?
 
Yes, Basel Financial allows the use of trailing stops.
§ Stop Loss is intended to reduce losses when the symbol price moves in an unprofitable direction. If the position becomes profitable, Stop Loss can be manually shifted to a break-even level.
§ To automate this process, Trailing Stop was created on Basel Financial trading platforms. This tool is especially useful when price changes strongly in the same direction or when it is impossible to watch the market continuously for some reason.
§ The Trailing Stop is always attached to an open position and works in the client terminal, not in the server like Stop Loss orders, for example.
 
To set the Trailing Stop:

MT4:

  •  Right click on the open position in the terminal window and choose the trailing stop function.
  •  Then select the desirable value of distance between the Stop Loss level and the current price in the list.
  •  Only one trailing stop can be set for each open position.
  •  Once the above action has been performed, at incoming new quotes, the terminal checks whether the open position is profitable. As soon as the profit in points becomes equal to or higher than the specified level, the trail stop command to place the Stop Loss order will be placed automatically.
  • Furthermore, if the price changes in the profitable direction, trailing stop level will follow the price automatically. If the profitability of the position falls, the order will not be modified anymore.
  •  Thus, the profit of the position is fixed automatically. After each automatic Stop Loss order modification, a record will be made in the terminal journal.
     


BlueTrader:

  •  To use the “Trailing Stop” option you must have an open position on which a “Stop Loss” order has been placed. Right click on the open position and select “Trailing Stop” and then “Custom”.
  •  The “Trailing Stop” window will open. It contains a brief explanation about this facility. Two different ways to move your stop loss order are available: the first option modifies your stop loss order once, according to the initial trailing stop level.
  •  The second option is to use the “Trailing Step” facility by checking the “Trailing Step” box. Set the “Step Trailing Level” to indicate the level of pip steps where the stop loss order should be modified.
  •  “Movement Trailing Stop” indicates the level of pips the stop loss order is modified when the market price has reached the Step Trailing level.
     


** Trailing stop is not available for micro accounts.
 

5.2    EXPERT ADVISOR

Can I use Expert Advisor?
 
The Expert Advisor facility is activated only upon request and for Mini/Standard accounts using MetaTrader platform only. Use the corresponding online form on Basel Financial Client Portal to send your request.
 
Expert Advisor can be activated under the following conditions:
 
·    Minimum Account of USD 500.
·    The client must use the EA in a reasonable manner.
·    1:100 Leverage,
 
 
What is the Expert Advisor?

Expert Advisors: programs written in MetaQuotes Language 4 that allows analyzing and trading in an automatic mode (auto trading). Expert Advisor is able to work independently, without the trader's participation. It can both analyze the price changes and trades.
This feature allows performing prompt technical analysis of price data and managing trading activities on basis of signals received. The entire routine work of technical analysis and trading can be given to the experts. An expert can perform analytical and trading operations for any symbols or periods independent on whether the corresponding chart was opened or not.
Please note that Basel Financial MT4 platform allows Expert Advisors for Mini and Standard accounts.
 
Expert Advisors settings:
 
Enable the Expert Advisor in your platform using the following steps:

  1. From the menu choose “tools " then “Option"
  2.  Then choose the “Expert Advisors" tab
  3. Then check” Enable Expert Advisors” and “allow live trading".
     

After you make all the settings press the “Expert Advisors" button that appears in the upper toolbar. The button will take the green color.
 

  •  If a smiley face appears on the right upper corner on the chart then it works smoothly.
  • If a sad face appears on the right upper corner on the chart then your script settings will be wrong.
  •  If an "X" appears on the right upper corner on the chart then make sure of the previous mentioned settings of enabling the Expert Advisor.


 
Note that Expert Advisors are enabled on the company side upon client’s request only a smiley face does not mean that your script is connected to the company servers, the requests to activate the Expert Advisors should be submitted using the related online form available on Basel Financial Client Portal.
 
If you are not able to connect take a snap shot of the error message and send it to support@baselfinancial.com
 
 
Does Basel Financial provide tools to develop and use auto trading systems?
 
To work at the financial markets more effectively, one can develop one's own successful system of trading. It is very difficult to act within a chosen system of trading in the manual mode due to significant influence of normal human emotions. Mechanical trading systems do not suffer from this disadvantage.
 
Clients Terminal gives a large range of means for development and use of mechanical trading systems (MTS, experts, advisors). The development environment allows creating, debugging, and testing Expert Advisors. Experts are able not only to alert about recommendation trading signals, but undertake the complete control over the trading activities.
 
MetaQuotes Language 4, MetaEditor and strategy testing tools are built in the terminal. One can create the following using these means:
Expert Advisors — mechanical trading systems that allow complete automation of analytical and trading activities;
Custom Indicators
— independently written technical indicators intended for analyzing of price changes;
Scripts
— programs to be executed only once, on request


 
Expert Advisor is a mechanical trading system (MTS) linked up to a certain chart. An Advisor starts to run with every incoming tick for a given symbol. The Advisor will not be launched for a new, tick if it is processing the previous one at this moment (i.e., the Advisor has not completed its operation yet). The Advisor can both inform you about a possibility to trade and trade at an account automatically sending orders directly to the trade server. Like most trading systems, the terminal supports testing strategies on history data with displaying trading in-and-out points in the chart.

Experts are stored in terminal_directory\experts.

Custom Indicator is a technical indicator written independently in addition to those already integrated into the client terminal. Like built-in indicators, they cannot trade automatically and are intended for implementing of analytical functions only.
Custom Indicators are stored in terminal_directory\experts\indicators.
Script is a program intended for a single execution of some actions. Unlike Expert Advisors, Scripts are not run tickwise, but on request.

Scripts are stored in terminal_dictionary\experts\scripts.
Library is a set of custom functions containing programs most frequently used. Libraries cannot start execution by itself.

Libraries are recommended to be stored in terminal_directory\experts\libraries.
Included file is a source text of the most frequently used blocks of custom programs. Such files can be included into the source texts of experts, scripts, custom indicators, and libraries at the compiling stage. The use of included files is more preferable than the use of libraries because of additional burden occurring at calling library functions.
Included files are recommended to be stored in terminal_directory\experts\include
 
What are the risks using Expert Advisors?
 
If the Expert Advisor is well programmed, used with a successful strategy, with good parameters and favorable market conditions it can help you generate systematic profit all around the clock in an automated mode. It can be very profitable to the informed and disciplined trader. On the other hand it can be very dangerous if you do not use it with great care, full understanding of what you are doing and about the parameters that protect you from unexpected loss. Under certain market conditions and with certain parameters introduced, Expert Advisor can bring a large account to almost zero balance in less than one hour if left alone. Basel Financial takes no responsibility in losses related to the correct or incorrect use of Expert Advisors.
 
Do Basel Financial trading systems enable to send E-Mail alerts?
 
Basel Financial trading platform has tool that allows sending email alerts to the client as follows:
 

  1.  Create the alert on the "alerts" tab
  2.  Then choose "Tools" à "option" from the upper menu
  3.  Choose "Email" tab from the box that appears
  4.  Click "Enable"
  5.  Fill-in the required information
     


Note: this service works only with prepaid emails and SMTP mail server.
 
5.3  MOBILE TRADING
 
Can I trade on mobile devices?
 
This service is coming soon.
 
Learn more about Wireless (mobile) trading:
http://www.baselfinancial.com/en/Trading/Mobile_trading_terminal.aspx
 
 
6    TECHNICAL QUESTIONS

 
How can I solve my connection problems?
 
Please follow these steps:

  •  Connect properly to the Web.
  •  Make sure that Port 443 and/or 1950 is not blocked by your internet provider. You can confirm that by contacting them.
  •  Make sure that the login and password are correct.
  • Go to tools, then options and choose the following server:

    BaselFinancial-Server
  •  Type in the login and password in small letters using English only.
  •  Then click ok and you should connect.

    Otherwise, proceed to the following steps:
  •  Remove the program and download it again.
  •  Shut down your windows firewall when downloading.
  •  Shut down your anti virus when downloading.
  •  Then repeat the connection process.
  •  In case you are still not connected consult a computer expert to check your computer settings.

How can I change my Password
 
You can change your master password as follows:
 
MT4 Platform:

  • Choose "Tools" à " option " from the upper menu
  • Select Change from the Server tab
  • Type the old (current) password
  • Make sure to select the check box “change master password”
  • Type the new password in the “New Password” and in “confirm” fields
  • Click on “OK” to confirm changing

Note: for changing the investor (read only) password, follow the same previous steps but choose “change Investor (read only) password”.
 
 
BlueTrader Platform:

  •  Chose “File” à “Change Password” in the upper menu
  •  Type the old (current) password
  •  Type the new password in the corresponding field
  •  Confirm the new password
  •  Click on “OK” to process the changes


7    GENERAL QUESTION ON FOREX

 
What are the market opening and closing hours?

FX market opens Sunday Evening at 21:00 GMT, and closes Friday Evening at 21:00 GMT.
Precious metals market opens Sunday Evening at 23:00 GMT, and closes Friday Evening at 21:00 GMT.
Futures market opens Sunday Evening at 22:00 GMT, and closes Friday Evening at 20:15 GMT.
 











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