F.A.Q
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WHERE DO I SIGN UP FOR THE COURSE?
You can make a booking our website or give us a call on 076 647 4308 and one of our traders will assist you.
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ARE THERE PAYMENT PLANS FOR THE COURSE?
There are 2 payment options for the course: 1. Full Amount Upfront 2. 50% Instalment Upfront then other 50% outstanding amount the follow month.
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WILL I BE A STOCKBROKER AFTER COMPLETING THE COURSE?
NO, you will become a forex trader whereby you will be placing trades on your own and not for anyone.
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IS THERE GUARANTEE THAT I WILL MAKE IF I TAKE YOUR COURSE?
There is calculated risk if you apply the relevant parameters suggested in the course, there are no guarantees.
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HOW SOON AFTER REGISTERING WILL I HAVE ACCESS TO MY TRAINING MATERIAL?
Soon after you sign up for our course, you will receive training materail.
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HOW DO I ACCESS THE CLASSES?
Depending on the type of course package you have picked selected "ONLINE COURSE or IN-PERSON". Online course is held via ZOOM and GoToMeeting from Monday to Saturday. Classes are scheduled as per aggrement of the between you and us upon signing up for our course.
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I KNOW NOTHING ABOUT TRADING, WHERE DO I START?
We highly suggest that you download our app from Play-store or Google-apply and learn all the basics that you need to know before you could start trading forex.
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UNDER WHAT TERMS AM I ELEGIBLE FOR A REFUND AFTER SIGNING UP FOR THE COURSE?.
At ClubForex, we do not generally offer a refund once the course package has been purchased as this will be violating our work ethic. Should you make a payment, you will automatically gain access to our resources and that we do not allow. If you had purchased a course package and you happen not to be available to attend the course, you will be given the opportunity to attend the next upcoming course. Under these reasons ClubForex operate a no refund policy.
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DO WE SELL SIGNALS OR TRADE FOR PEOPLE?
Here at ClubForex we do not offer signals neither trading for people. We teach you how to how to understand and trade the Forex market using your own trading style with the combination of forex psychology, which you will obtain these skills through our courses.
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WHAT SKILLS AND TOOLS DO I NEED TO START TRADING?
By looking at the charts, you see numbers and complicated graphs and automatically you would assume that you need mathematics or some type of knowledge. However, that is totally not the case. All you is physiological stability, some of the skills would be: Ability : To take a loss without becoming emotional. Confidence : Believe in yourself and your trading strategy, and to have no fear. Patience : wait for only the highest-probability trading strategies according to your plan. Discipline : Remain calm and unemotional in a realm of constant temptation (the market). Realism : Not think you are going to get rich quick and understand the reality of the market and trading. A large part of successful forex trading is coming from mastering your mind, thoughts and emotions. This boils down to psychological impact in one’s trading plan or strategy, this is the most critical part of a successful forex trade. You might have the best trading strategy or be taught by one of the best Forex traders, go to the best Forex trading institute but if you as an individual are mentally unfit, you will fail in forex trading. Internet connection and a laptop/computer. Mobile phone can be used, however it is not advised because you need a larger screen for you to be able to do the analyses of the forex market.
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HOW MUCH CAN I MAKE WITHIN A WEEK TRADING FOREX?
When you start, you start on a demo account for few weeks, depending on your performance. you need $50 R700 at first. However this depends also if you want to day trade or scalping, if you day trade, you need large deposit. Remember that at first, you need to MASTER THE SKILL FIRST AND MONEY WILL FOLLOW. You should not start with large capital. However the more money you have in your account, the more levarage you get to and with high leverage, one can take advantage of that and trade big volume which result in bigger returns but also if the trader is not well expereinced, the leverage can work on your disadvantage as this will result in blowing your account. It is always advasible to trade money that you are willing to lose.