FAQ

Receive 30% on Your Deposit of R1,000 - R15,000 with an Additional 20% up to R100,000. No limitations, lock-in periods or minimum lot volumes. Full access to your funds and profits! https://blackstonefutures.co.za/wp-content/uploads/2020/01/Booster-Terms-and-Conditions.pdf

Arguably the most asked question; should I trade in ZAR or USD? What are the benefits, pros, cons and minimum trading volume. BlackStone Futures offer both South African Rand (R/ZAR) and United States Dollar ($/USD) as account base currency. Both offer a wide range of trading assets; Forex. Stocks, Commodities, Indices and Cryptocurrency. Minimum Lot size/Volume ZAR: 0.01 = R0.01 ($0.0007) USD: 0.01 = $0.10 (R1,14) As clearly indicated, ZAR based accounts offer a significantly lower risk per point when compared to the USD alternative.

Account verification can take up to 24 business hours to complete, taking into account all documents are valid and correct according to FICA standards.

 The Mall Offices, 5th Floor, 11 Cradock Avenue, Rosebank, 2196, South Africa  Service Office, Finsa Europe, 9th Floor, 30 Crown Place, London, EC2A 4ES  Office Reception (+27) 0860 111 563  Trading Desk (+27) 0860 77 77 66 Whatsapp +2778 104 7566 Telegram @blackstonefutures  enquiries@blackstonefutures.co.za  Mon – Fri : 08:00 – 18:00

Demo Funds; What are demo funds, what is the purpose of it and why I cannot withdraw these funds. Practise without risk. Demo funds or a demo account is there for the sole purpose of practising your desired trading strategy in a safe, risk free environment whiles getting a genuine live trading experience. Demo as per definition implies; a demonstration of a product or technique. Just like demo funds cannot leave your worse off in regards to losses, the same is true for profit gain.

Our ABSA bank details are: Trade Nation Financial Sort Code - 632005 Account Number - 4094965525 Please use your Blackstone Futures trading account number as payment reference. This will be used to identify the deposit as well as the trading account it needs to be allocated to.

i-PAY Instant EFT via Client Portal Credit/Debit/Cheque Card via Client Portal Regular EFT via Your Online Banking

Deposit Time; How long does it take for my funds to reflect in my trading account and when is it instant? Only certain deposit methods are instant. There are a few methods available to make use of when it comes to depositing funds into your live trading account. Popular options such as electronic funds transfer (EFT), Ozow and credit/debit card. Depending on the method and your choice of bank there might be some delay before the funds reflect and can be allocated to your account so you can start trading.

Deposits are allocated to your indicated trading account as soon as it reflects into our bank account. The time for this process to take place is dependent on your bank account as well as the time you made the deposit. You can speed up the process by emailing us the Proof of Payment to enquiries@blackstonefutures.co.za Generally EFTs made within SA takes 24 hours or less to reflect. If you reside in a foreign country it might take slightly longer but usually reflects within 24 - 48 hours.

When a company declares a dividend the value of the share drops by the amount of the dividend. If you are trading an index and the company is part of that index, the index will drop by a few points. An adjustment will be made to your account to compensate. If you are long you will receive the dividend and if you are short you will pay the dividend.

Blackstone Futures offers Nasdaq under the trading name of USTec. Nasdaq consists of the top 100 tech companies in the US.

1. Proof of address – electricity bill, bank statement etc. 2. Proof of identity – passport, ID book or drivers license.

An easy way to get your Toolbar back on MetaTrader 4.

Learn how to easily add/remove symbols on MetaTrader 4 Desktop.

Learn how to easily add/remove symbols on MetaTrader 4 Mobile.

Easily customize candlesticks and charts on MT4.

Your password must be 6 to 15 characters long, contain a minimum of one UPPERCASE and one lowercase letter, and one digit (0-9). Example Password: BrownFox9 https://clients.blackstonefutures.co.za/#/portal/change-password If you still know your password but want to change it. If you forgot your password please click on this link and enter your email address associated with your account to request a password reset link. https://clients.blackstonefutures.co.za/#/auth/forgot Ensure to check your email account for the reset link.

Find out more regarding Deposits and Withdrawals with Blackstone Futures.

Learn all the different ways you can set your Take Profit (TP) and Stop Loss (SL) orders within the MT4 desktop application. A Stop Loss order is very important and helps you control and minimise risk within any given trade. When a stop loss order is hit, your position is closed. A Take Profit order set the reward you are looking to get out of your trade and.

We offer a default 100:1 leverage limit to all clients. This is implemented to avoid the possibility of over leveraging. A higher leverage carries a higher level of risk. If you account activity shows responsible trading you can request a leverage adjustment of up to 400:1 by sending an email to enquiries@blackstonefutures.co.za

Demo Server: BlackstoneFutures-DemoBravo If this does not work please do the following: REPLACE BlackstoneFutures-DemoBravo in the Server Field with: demo.mt4.finsatechnology.com:443 See Example: https://blackstonefutures.co.za/wp-content/uploads/2020/01/MT4-Demo-Server-IP.png

BlackstoneFutures-LiveBravo If this does not work please do the following: REPLACE BlackstoneFutures-LiveBravo in the Server Field with: bravo.mt4.finsatechnology.com:443 See Example: https://blackstonefutures.co.za/wp-content/uploads/2020/01/MT4-Live-Server-IP.png

Beginner Template - Download and Unzip File https://blackstonefutures.co.za/wp-content/uploads/2020/01/Blackstone_Futures_v2.zip Open MT4 ---- File ---- Open Data Folder ---- templates ---- Paste File Open MT4 ---- File ---- Open Data Folder ---- indicators ---- Paste File Right Click on Chart ---- Template ---- Choose Blackstone_Futures_v2 Please note you have to restart MT4 when done! --------------------------------------------------------------- Expert Template - Download and Unzip File https://blackstonefutures.co.za/wp-content/uploads/2020/01/BTMM-Template.exe_.zip Close MT4 ---- Install the .exe file  Right Click on Chart ---- Template ---- Choose 15m_FXCM_withStopHunt

For Live Account:FinsaPty-LiveBravo REPLACED BY 54.171.207.121:443See Example: https://www.screencast.com/t/a1X82ZuCFor Demo Account:FinsaPty-DemoBravo REPLACED BY 54.72.132.226:443See Example: https://www.screencast.com/t/Dace8cEEd

You may receive a Margin Call when your available equity drops below the required level to maintain your open positions. A Margin call comes into effect when your Margin level % drops below 100%. When this occurs you can't open any new positions whilst closely monitoring your open positions, managing and minimising losses. Alternatively, you can top-up your account balance. An Auto Margin Close-out will occur when your Margin Level % reaches 50%.

Margin and Leverage; How does it benefit my trading, how is it calculated and how does it effect my risk exposure? The Margin requirement is set out by your broker to maintain an open position. Based on the margin, your broker then offers you leverage where they front the difference in order to open any given position. Leverage is a double-edged sword. Yes, you can open bigger volume sizes but it may also put your account at higher risk.

You can see all the spreads and markets we offer by using this link: https://blackstonefutures.co.za/market-information-sheets/

Get all the details on any selected asset.

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We recommend clients start with around R5,000 or more. Clients are likely to make losses at some stage when starting and this can cause them to feel additional pressure with a small account size. Our minimum deposit is R1,000 or $100.

Negative balance protection ensures that traders with losing positions don’t end up with a negative balance in their forex trading account. If you find yourself in a bad trade and are losing money fast, a margin call can save you from going into debt. Simply put, a margin call automatically closes your rapidly dropping open positions.

Pips and Pipettes; What exactly are they and how do I identify them when reading a quote? These two terms are important to understand when reading a forex quote. Misunderstanding the position and value can lead to incorrect risk, profit/loss calculation and overall confusion. The position of each is true for all Forex quotes with the only exception of the Yen crosses. Pip In Forex we always refer to our profit/loss in pips.

You can see all the spreads and markets we offer by using these link for each platform: https://blackstonefutures.co.za/metatrader4-spreads/ https://blackstonefutures.co.za/cloudtrade-spreads/

Swap. Overnight Rollover Interest; What exactly do these terms mean, how and when are they charged to my account? Getting into too much detail based on these terms can be a headache when trying to grasp a deep understanding of the “why” factor. The important aspect is understanding what it is and when it is imposed (earned or paid). Your broker will specify the rate that is paid or earned on an open position.

Take Profit and Stop Loss; What does each do and do I need to make use of it while trading? A must use? Take profits and stop losses are two very common terms in the trading industry. Take profit commonly referred to as TP, stop loss as SL, is there to automatically lock in some or all profits but also limit losses. In essence, these features help with risk management.

The Bid-Ask Spread; What you need to know about each to have a better understanding when executing your orders. In simple terms, the bid price indicates at what price “people” are willing to buy at, the ask at which price “people” are willing to sell at. People can refer to your broker, in the instance of a dealing desk, or institutions, banks, traders etc. – if your order goes directly to market, such as an ECN account.

Balance, Equity, Margin, Free Margin and Margin Level; what exactly does each indicate and represent. How are they calculated? These account indicators can be overwhelming to grasp and understand but are extremely important in indicating the overall “status” of your trading account. Ignoring their understanding can put your account at risk! Balance The balance is self explanatory in the sense of the word. It indicates your account balance excluding any profit, loss, commissions and fees on open positions.

If a Forex trade is carried over from Wednesday to Thursday you will be charged or credited a triple a swap. This happens in the spot Forex market as "deals" are made on the second working day after a trade was completed.

1 Standard Lot = 1.0 lot = 100,000 units, each pip = $10 1 Mini Lot = 0.1 lot = 10,000 units, each pip = $1 1 Micro Lot = 0.01 lot = 1000 units, each pip = $0.1 USD as Base Currency: USD/JPY at an exchange rate of 119.80:  (.01 / 119.80) x 100,000 = $8.34 per pip USD/CHF at an exchange rate of 0.9920:  (.0001 / 1.9920) x 100,000 = $10 per pip

CloudTrade is our browser based platform that requires no download. It offers a very wide range of products which include indices, FX, equities and commodities. It has an advanced charting package and is used by both new and experienced traders. CloudTrade is also available on mobile.

MetaTrader 4, also known as MT4, is an electronic trading platform widely used by online retail foreign exchange speculative traders. It was developed by MetaQuotes Software and released in 2005. The software is licensed to foreign exchange brokers who provide the software to their clients. The software consists of both a client and server component. The server component is run by the broker and the client software is provided to the broker’s customers, who use it to see live streaming prices and charts, to place orders, and to manage their accounts.

We recommend a minimum first-time deposit of R1,000 for a ZAR account, $100 for a USD and £100 for GBP accounts. Afterwards, you can top-up with as little as R100.

WIthdrawal time; How long does it take for a withdrawal to be processed and how long before it reflects in my bank account. Same day withdrawals. Although there are multiple different methods to fund your account that we discussed in the deposit time article, all withdrawals are made to your nominated bank account irrelative to your deposit method. Withdrawals do not need to be a lengthy process that leaves you worrying about your money.

Withdrawals are processed at 15:00 - cut off time - during business days. If withdrawals are made after hours it will be processed the next business day. If it happens to fall over the weekend it will be done on Monday. The time it takes to reflect in your bank account is dependent on your bank. Normally 24 hours or 48 hours. Please be sure that you have sent us your bank account details (enquiries@blackstonefutures.

Risk per pip on ZAR based accounts are calculated in a simple to understand format. ZAR as Base Currency: 1.00 = R1/pip 5.00 = R5/pip 10.00 = R10/pip Margin Requirement Calculation: NOTE: We simply take the quoted price of the asset and remove the separator as shown in the examples below. EUR/USD at an exchange rate of 1.1157 trading 1.00: (11157 x 1)/100(leverage) = R111.57 Margin GBP/USD at an exchange rate of 1.