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Thread: admin-can u create default desk to manage fund?

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    In Profit tonmaibiya's Avatar
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    Default admin-can u create default desk to manage fund?

    for I trade with maketiva before (and a little still), they have a default desk to protect our fund, which when we want to deposit and withdraw we'll do with default desk, and the fund that trade (for margin and free margin) will remain on Live desk-this will protect some loss if we forget or can't set SL, so we can loss most in live desk and still have some in default desk.

    Is this possible to do?

  2. #2
    Denis Peganov, FXOpen Development Director cool user FXOpen Manager's Avatar
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    Quote Originally Posted by tonmaibiya View Post
    for I trade with maketiva before (and a little still), they have a default desk to protect our fund, which when we want to deposit and withdraw we'll do with default desk, and the fund that trade (for margin and free margin) will remain on Live desk-this will protect some loss if we forget or can't set SL, so we can loss most in live desk and still have some in default desk.

    Is this possible to do?
    I know what you mean. It is not possible to do in MT4, thats why margin call level was created (10%, 20% and so on...). As you know, we have no margin call. I can advise you, not to invest full amount in the trading and always use s/l . Anyway, your idea is interesting and I will mark it to discuss as a future upgrade for the company.

    Denis Peganov
    Development Director
    FXOPEN NZ LIMITED
    E-mail: [email protected]
    http://www.fxopen.com/

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    In Profit tonmaibiya's Avatar
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    Quote Originally Posted by FX Open Manager View Post
    I know what you mean. It is not possible to do in MT4, thats why margin call level was created (10%, 20% and so on...). As you know, we have no margin call. I can advise you, not to invest full amount in the trading and always use s/l . Anyway, your idea is interesting and I will mark it to discuss as a future upgrade for the company.
    I think their is another way, when we deposit, fund should be in default desk first (at Cabinet system) and when we design to use this fund let say 50% so we just transfer 50% to live desk - and form live is directly to MT4 platform.

    Is this way possible?

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    Director of FXOpen Aus FXOjafar's Avatar
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    By the same method, you could just hold some of your funds in your bank, egold, webmoney etc.. account and just transfer what you need for forex trading as needed.
    Hang in there though. In the coming website upgrade, I'm told you will be able to transfer between your accounts so if you want to store some money in house, just open another live account and transfer in and out of it. You will have to wait a couple of weeks though, but the wait will be worth it.
    Jafar Calley - Director
    FXOpen AU Pty Ltd
    Level 26 • 1 Bligh Street
    Sydney NSW 2000
    Australia
    AFSL:412871 ABN:61 143 678 719
    http://www.fxopenaus.com

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    In Profit tonmaibiya's Avatar
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    ok that something we can do, and wait to see a site upgrade too

    ^_____^

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