FAQs

Forex trading involves buying and selling currencies to profit from exchange rate fluctuations in the global market.

Forex trading works by speculating on currency pairs, predicting whether one currency will strengthen or weaken against another.

A Forex broker facilitates currency trading by providing traders access to the forex market via a trading platform.

The minimum amount to start trading with Almas Classic varies by account type but generally starts from $100.

To open an account, click here, choose your account type, complete the registration form, and verify your identity.

Almas Classic offers various accounts, including Starter, Business, Professional, VIP, and Islamic accounts, to cater to different trading needs.

A demo account uses virtual funds for practice, while a live account involves real money trading in the markets.

Verify your account by uploading the required identification documents through the secure client portal.

Yes, Almas Classic allows clients to open multiple accounts, each catering to different strategies or asset classes.

Almas Classic accepts various payment methods, including bank transfers, credit/debit cards, and e-wallets.

Deposit funds by logging into your account, selecting a payment method, and following the on-screen instructions.

The minimum deposit amount typically starts at $100, with no strict maximum limits, depending on the payment method.

Withdrawals are typically processed within 1-3 business days, depending on the payment method used.

Almas Classic generally does not charge fees for deposits or withdrawals, though some payment providers may apply their own charges.

Spreads and commissions vary by account type and asset class, with Almas Classic offering competitive pricing across the board. Find out more by clicking here.

Leverage allows you to control a larger position with a smaller amount of capital, amplifying both potential profits and losses.

Margin requirements refer to the minimum amount of capital needed to open and maintain a leveraged position.

A stop-out level is the point at which your positions are automatically closed to prevent further losses when your margin falls too low.

Swap rates are overnight interest charges applied when holding positions beyond the trading day, calculated based on the interest rate differential between the currencies in the pair.

You can contact Almas Classic' customer support via live chat, email, or phone, all available on the company’s website.

Customer support is available to assist with any trading or technical inquiries.

Yes, Almas Classic provides support in several languages to accommodate its global client base.

For technical issues, reach out to customer support, or consult the troubleshooting guides available on the Almas Classic website.

Specific trading issues are addressed in the platform’s help section, FAQs, and through direct support channels.

Yes, Almas Classic is regulated by Mwali International Services Authority in Comoros Union with license number T2023293, ensuring compliance with all necessary financial and operational standards.

Client funds are kept in a segregated account, ensuring they are separate from the company’s operational funds.

Almas Classic employs encryption protocols and two-factor authentication (2FA) to safeguard your personal and financial data.

Yes, we offer negative balance protection, ensuring that traders cannot lose more than the funds in their account, subject to Terms of Business.

Yes, Almas Classic offers a range of cryptocurrencies including Bitcoin, Ethereum, and others for trading.

The maximum leverage depends on the instrument traded and regulatory restrictions, but it can go up to 1:500.

Almas Classic may offer bonuses or promotions periodically, subject to terms and conditions. Check our Promotions page for the latest offers.

We offer access to MetaTrader 5, available on both desktop and mobile devices.

Yes, Almas Classic provides a free demo account with virtual funds for practice before committing to real money trading.

Yes, Almas Classic offers an economic calendar on the platform to keep traders updated on important market-moving events.

Almas Classic provides trading signals and daily market analysis reports to help clients make informed trading decisions.

Almas Classic may charge an inactivity fee if your account remains dormant for a certain period. For more details, please refer to our Terms of Business.

Yes, overnight positions incur swap fees based on the interest rate differential between the traded currencies.

Almas Classic is transparent with its fees, and any applicable charges are clearly outlined in the account terms or fee schedule.

Yes, we support Expert Advisors (EAs) on MetaTrader 5, enabling automated trading based on predefined strategies.

Our platforms offer a wide range of technical analysis tools, including advanced charting, indicators, and drawing tools to help traders with market analysis.