FAQ

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We Offer 5 types of accounts

  1. To register for an individual account (Client Area/Portal), you may follow the link www.apply.jdrsecurities.com when completing the registration you must submit your Proof of Address (POA) and Proof of Identity (POI) documents
  2. To register for a Corporate Client Area, you must submit:
    1. Certificate of incorporation
    2. Corporate proof of address
    3. Shareholder & director registry
    4. Identification documentation and proof of individual address for each director or shareholder above 25% ownership.
    5. We may ask for additional documents depending on the country, beneficiary etc. (offshore:). E.g.:

    Articles of association, memorandum of understanding, certificate of good standing, certificate of incumbency/register of members or last year’s audited financials of the business.

  3. To register Joint accounts
    1. Proof of Identity (POI) document and Proof of address (POA) document for all applicants of the joint account
  4. To register individual Superannuation Trust
    1. Superannuation or Trust deed
    2. Proof of Identity (POI) document
    3. Proof of Address (POA)
  5. To register Corporate Super or Trust
    1. Superannuation or Trust deed
    2. Certificate of Incorporation
    3. Corporate proof of address
    4. Shareholder & director registry
    5. Identification documentation and proof of individual address for each director or shareholder above 25% ownership.

We do offer an IB programme. Here is how it works:

For new clients, complete your registration to become an Introducing Broker of JDR Securities here https://jdrsecurities.com/introducing-brokers to get in touch with our personal account managers.

For existing clients you can become an introducing broker by clicking services > request a call back in your Client Area/Portal or click the link here https://secure.jdrsecurities.com/contact-broker

Once you’ve been approved as an Introducing Broker of JDR Securities we provide you with a suite of tools to help promote our services to potential clients who may wish to open an account and start trading with us.

There are two ways a client can be attached to your IB account:

You provide your clients with a unique IB referral link. Whenever a new client goes to our website using that link, registers his Client Area and opens a live account, you immediately see him being attached to your IB account.

We can add an existing client under your IB account upon a written request from the client.

Whenever your client completes a trade (open and close) , it will be shown automatically in your IB dashboard with the calculated commission. For Multi level Introducing broker clients IB commissions are calculated in real time and shown under unpaid rebate and will be settled in your IB rebate account every weekend which can then be immediately withdrawn.

You can withdraw your IB commission from your rebate account anytime you want by filling in a withdrawal from inside the Client Area/Portal to your bank account or via any other available payment solution.

This is an indicator called Average True Range. It measures the volatility of a price based on the 14 most recent periods of time, which is typically 14 days.

The first currency which is shown in a foreign exchange quotation, or currency pair. For example, in the case of USDEUR, USD is the base currency and EUR is the quote currency.

Candles are a type of bar chart used in technical analysis that display the high, low, open and closing prices for a specific period.

A correction is a price movement that goes against the prevailing main trend.

Forex trading involves exchanging one currency for another, therefore currencies come in twos, in so-called trading currency pairs. A pair is the quotation of two different currencies, with the value of one currency being quoted against the other. For instance, when one refers to the exchange rate of the EUR to the USD, one quotes the relationship, or exchange rate, as EUR/USD. The first listed currency is called the base currency, and the second currency is called the quote currency.

A currency swap is an agreement between two parties to exchange their periodic interest-rate payments based on a set amount of money, for a set amount of time, but in different currencies.

A financing rate or overnight rate is charged when you hold a leveraged position for more than a day, as for example in a forex trade. A leveraged position means you borrow money from the broker to trade. For this borrowed money, you have to pay interest (or in certain cases, can also receive interest). This is the financing rate.

These are sharp breaks in price between periods of trading. For example, if a opening trading price in the morning is much lower than the previous day’s closing price, the difference is the gap.

A mathematical calculation that allows you to analyze a currency pair.

Leverage is an investment strategy of using borrowed money, or debt, rather than fresh equity, to increase the potential return of an investment. lt is a loan that the broker gives the trader, which works as a multiplier not just for your gains, but losses as well.

A lot is the number of units of a financial instrument that is traded on an exchange. For stocks, a round lot is 100 share units, while forex is traded in micro, mini, and standard lots.

When you go long buy in forex trading, you are buying the base currency and selling the quote currency.

The margin is a portion of your funds that your forex broker sets aside from your account balance to keep your trade open and to ensure that you can cover the potential loss of the trade. Buying on margin is the act of borrowing money to buy securities. The practice includes buying an asset where the buyer pays only a percentage of the asset’s value and borrows the rest from the bank or broker. The broker acts as a lender and the securities in the investor’s account act as collateral.

A margin call is when your broker notifies you that your margin level has fallen below the required minimum. Brokers use a margin level to determine whether a forex trader can take a new position or not. A margin level of 0% means that the account currently has no open positions, and a margin level of 100% means that account equity is equal to the used margin.

A financial intermediary that stands ready to buy or sell assets. This is done by continuously quoting bid and ask prices that are accessible to other traders or registered participants of a trading platform.

The pip is a unit of measurement for price movements in forex.

This concerns setting the number of units to buy or sell a currency pair.

The second currency shown in a foreign exchange quotation. For example, in the case of USDEUR, EUR is the quote currency and USD is the base currency.

When you go short buy, you are selling the base currency and buying the quote currency.

An order type designed for minimizing your losses. Once your market or limit buy order is executed and you have an open position, you’ll probably want to both secure your profits and minimize your losses, depending on how the market turns.

The interest that you either earn or pay for a trade that you keep open overnight.

Forex slippage occurs when a market order is executed or a stop-loss closes the position at a different rate than set in the order.

This is the price you set as a target that you expect the instrument will reach.

Any designated unit of time in which trading takes place. One candle can involve for example one month of information, or one day, one minute (MN, W1, D1, M1), etc.

An order type designed to lock in profits or limit losses as a trade moves in a favorable direction. Trailing stops only move if the price moves favorably.

A measure of the frequency and extent of changes in a currency’s value.

Withdrawals, as well as the deposits, are made via the Client Area/Portal.

Go to the withdrawal page in your client area/portal and choose your withdrawal method ,following the instructions given in the client portal

Please, note that the withdrawal and deposit methods should be the same

Depending on the payment method you have chosen, times may vary:

Up to 1-3 working days for the bank cards

Up to 24h with the e-wallets during the working days

Up to 2-5 working days for wire transfers

You can withdraw the full amount of your account balance minus the funds that are used currently for supporting opened positions.

A single withdrawal request should be greater than the necessary fee amount and be minimum $10 or it’s equivalent in other currencies.

You will get an automatic notification once your withdrawal request is executed, and you can always check your transactions or account balance. Your chosen payment system dictates how long it will take for the funds to reach you.