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Trading & Investing

Trading & investing FAQ help’s you to learn to trade with evest,
Browse our evest Frequently Asked Questions

In stocks, buy and sell orders executed in real-time

Buy and Sell orders are executed in real-time.

Select any one of the many stocks currently offered in real-time, using our trading platforms. 


Purchase and position on evest

Please note that some of the instruments on the evest platform are traded as real assets,
while others use CFDs. CFD stands for Contract for Difference.

 

All non-leveraged BUY positions for stocks (since April 2018) are traded as real assets.

Commodities, indices, and currencies are traded using CFDs.

 

Any CFD trade will be marked ‘CFD’ in the trade line.

 

Find stocks in the platform

Perhaps you would like to diversify your portfolio and discover new markets to invest in. If you already know the name of the stock name type it in the search bar.

 

Finding a specific stock

Perhaps you would like to diversify your portfolio and discover new markets to invest in.

If you already know the name of the stock name types it in the search bar.

 

Reverse stock split

A reverse split is a market event whereby a company decides to reduce the number of existing shares and in doing so,
increase the value of each share according to a certain ratio. For example,
if the ratio is 1:2, the stockholder will have 1 share for every 2 shares previously held.

 

The amount of shares are reduced by the same ratio in order to offset the artificial rise in value,
whilst maintaining the same overall value of the holding.

 

The way we respond to a split is by adjusting the original opening rate of the affected trade to reflect the new rates after the reverse split
and ensure that all subsequent profit calculations are correct.

 

Stock split

A split is a market event whereby a company decides to divide its existing shares into multiple shares according to a certain ratio,
i.e 1:5 or 1:3. For example, if the ratio is 2:1, the stockholder will have 2 shares for every share previously held.

 

As a result, the value of each share is lowered by the same ratio to offset the artificial rise in value, whilst maintaining the same overall value.

 

The way we respond to a split is by adjusting the original opening rate of the affected trade to reflect the new rates after the split
and ensure that all subsequent profit calculations are correct.

 

USD/TRY disabled on different occasions

This currency pair is considered exotic. Because of this, at times, there is very low liquidity in the market. During those times,
the spread on the instrument may be very high (the spread is variable so it can change) or the instrument might be fully disabled from trading. 

 

This can happen with other markets but is typically unlikely. With these considerations in mind, it is imperative that any trader factor this into any trading decision.

 

Support for MT4 & MT5

Sadly, we do not support the MT4 platform. However, we provide the MT5, the natural evolution of the award-winning platform the MT4.

 

Lot

Currencies are traded in specific amounts called lots. The standard size for a lot is 100,000 units.

There are also mini, micro, and nano lot sizes that are 10,000, 1,000, and 100 units respectively.

 

Different brokers may use different terms like ‘trading lots’ and or ‘positions size’. Here, evest uses the term ‘units’.

Basically, it all amounts to the same thing – your trade size.

 

For example, 1,000 units here on evest is the same as 0.01 lot.

Or if you were to look at the cost per pip, then 1,000 units (0.01 lot) will cost you $0.10 per pip.

 

As a trader, it is advisable to know how much is needed for your Stop Loss or how much you’re willing to invest in each trade.

This will help you to determine your trade sizes.

 

For example, a trade size of 1,000 units ($0.10 per pip) requires $20 for 200 pips SL away from the entry price; similarly,
a trade size of 4,000 units ($0.40 per pip) requires $80 for 200 pips SL away from the entry price.

If your account can’t afford an ‘investment’ of $80 per trade, then a trade size of 4,000 units is too significant for your account.

 

It is important to note that pip value does not vary based on the amount of leverage used,
but rather that the amount of leverage you have affects the pip value.

This means that If you have 100:1 leverage you can trade a mini lot (10,000 units) with just 100 units.

 

Pending order

A pending order (or limit order) is an order placed in the system aimed to execute a position once your selected target rate is reached.

 

An order will be executed if the current market rate of an instrument reaches the selected target rate and it can be executed
within a range of this rate depending on market movements and volatility.

 

This type of order will stay open until it is executed or you decide to close it.

 

Buying a stock when the market is closed

When markets are closed, you can place a market order, which is an order that allows you to open a position
at the moment the market opens at the first available rate.

 

You can also set a regular order for a specific price.

 

Market orders will also be shown in the order tab in the portfolio page.

 

sell something I never bought

When you are investing in a CFD, you are investing in the possibility of the price of an asset moving up or down.

‘Buy’ and ‘Sell’ are the standard industry terms used to describe this sort of investing.

‘Long’ and ‘Short’ are alternative terms for the same thing.

 

LIBOR

The LIBOR is the most commonly-used benchmark rate that is given by banks when charging each other for short-term loans.

LIBOR stands for London Interbank Offered Rate.

There are a total of 35 different LIBOR rates posted each day, ranging from overnight to 12 months, and based on five different currencies.

For calculating overnight fees for stocks, evest uses the 1-month USD LIBOR rate.

 

evest does not offer all the stocks like other brokers

We have an amazing selection of stocks right now.

If you didn’t find the stock you were looking for, let us know, and we will look into adding it in the next release.

 

Leverage my stocks

Yes, you can!

Clients of evest (CySEC regulated) can leverage stock trades by up to x5.

Elite clients can leverage stock trades by up to x10, and even up to x20 on selected stocks.

 

*Please note that all positions with leverage are traded as CFDs. If you hold a CFD stock position,
you do not actually own the stock or hold any rights shareholders have.

 

PIP

Pip is an acronym for ‘percentage in point’. A pip is a unit of measurement for price movement.

We use pips to measure the change in the price of one currency in relation to another.

 

One pip is the smallest price change that a given exchange rate can make, and so refers to the very last digit of a price.

 

For instance, if the EUR/USD moves from 1.1190 to 1.1191, this would be a movement of 1 pip in the exchange rate.

 

Margin

Margin is the amount of funds you allocate from your account equity to open a position.

On leveraged positions, the margin is often expressed as a percentage of the position’s exposure to the market.

For example, a trade with an invested amount of $500 and a leverage of x5 has an exposure of $2,500.

The margin is $500 or 20%.

 

Spread

The spread is the difference between the Bid (Sell) price, and the Ask (Buy) price (it is the commission the broker charges on every position).

For example, if the bid is 1.2636 and the ask price is 1.2638, the Spread is the difference between the two: 2 pips.

 

Trade closed automatically

Kindly note that trades will close automatically when the Stop Loss or Take Profit order is triggered.

 

Stop Loss and Take Profit are risk management tools that add an extra layer of protection to your investment.

They are adjustable orders to close the trade when the market moves a specified amount against or in favor of your position,
thus helping you minimize your losses or lock in your profits.

When a trade closes by Stop Loss or Take Profit, the invested amount +/- any Profit or Loss (P/L) will be returned to your account balance.

 

The market gap?

When a market is closed (for example, during weekends or daily market breaks), there are no rates being traded. However,
news and announcements still affect the markets.

It is possible that the market will open at a rate which is significantly different from the previous closing rate due to the changes in demand.

We encourage all traders to take this into consideration before opening positions or orders.

 

Negative balance protection

It is possible for your Available balance to become negative.

This could occur when all your Available balance is invested in open positions and overnight fees are deducted,
or trading losses are incurred. In most cases, the account Equity remains positive.

On rare occasions, market conditions could cause your Equity to become negative.

In these cases, evest will perform a margin call: we will close all your open trades.

As part of our policy of Negative Balance Protection, we will then absorb the loss and reset your Equity to zero.

 

The spread vary

Spreads may vary per instrument according to market conditions.

Instruments which are typically more volatile are more susceptible to wider spread variations than other, more stable, instruments. 

 

This means that the spread you will receive at the opening and closing of a position cannot be fully predicted.

However, evest seeks to provide the best rates possible at all times and works only with top tier liquidity providers.

 

The spreads on our fees page represent the minimum possible spread for any given instrument and should therefore be used only as a guideline.

 

Market hours

Different assets have different market hours on evest platform.

 

take-profit order

A Take Profit (TP) is an instruction to close a trade at a specific rate, if the price is going in your favor,
to ensure the profit is realized and goes to your available balance.

If the market reaches your requested rate and you have gained the predetermined amount,
the Take Profit will trigger and automatically close your position.

 

A Take Profit is mandatory on every position with the exception of non-leveraged BUY positions.

 

You can set your Take Profit according to a specific rate in the market, or as a monetary amount.

The maximum Take Profit on most trades is 1,000% of your invested amount +/- 1,000% of your current P&L.

This means that you will be able to update your Take Profit level continually as your profits increase.

 

You can adjust the Take Profit at any time while the trade is open.

Under normal market conditions, the set Take Profit is not guaranteed. When the market is volatile,
the Take Profit rate you requested may not be traded in the market.

In this case, the Take Profit will trigger at the next available rate.

The result is that you could gain more than you expected on the trade.

Dividend

A dividend is a sum of money paid regularly by a company to its shareholders out of its profits or reserves.

Dividends are given based on each shareholder’s stake in the company, offering them a certain sum of money per each share they own.

For example, if Apple announces a dividend of $0.80 per share, a stockholder with 50 shares will receive a $40 dividend.

 

There are four important dates in the dividend distribution process:

  1. Declaration date: When a company’s board of directors announces their intention to pay a dividend.
    The board also announces the size of the dividend, the ex-dividend date and the payment date.
  2. Ex-dividend date: When the stock starts trading without the value of its next dividend payment.
    Only the owners of the shares before the ex-dividend date will receive the dividend.  
  3. Record date: When the company checks its records to see who is eligible to receive the dividend.
    The record date is one business day after the ex-dividend date.
  4. Payment date: When the dividend will actually be given to the shareholders of the company.

 

Stop-loss

A Stop Loss (SL) is a risk management tool that aims to add protection to your investment. 

It is an instruction to close a trade at a specific rate, if the price is going against you, to prevent additional losses.

If the market reaches your requested rate and you have lost the predetermined amount,
the Stop Loss will trigger and automatically close your position.

A Stop Loss is mandatory on every position with the exception of non-leveraged BUY positions.

You can set your Stop Loss according to a specific rate in the market, or as a monetary amount.

The default Stop Loss on most trades is 50% of the position amount. In other words,
if the value of your position drops to 50% of the amount invested,
the Stop Loss will trigger and the position will close automatically.

 

Stop Loss at any time while the trade is open

Under normal market conditions, the set Stop Loss is not guaranteed.

When the market is volatile, the Stop Loss rate you requested may not be traded in the market.

In this case, the Stop Loss will trigger at the next available rate.

The result is that you could lose more than you were prepared to on the trade.

We do not compensate for these instances as we do not interfere with market conditions or events.

 

CFD

CFD stands for Contract for Difference.

CFD trading is a method that enables individuals to trade and invest in an asset by engaging in a contract between themselves and a broker,
instead of acquiring the asset directly.

The trader and the broker agree between themselves to replicate market conditions and
settle the difference between themselves when the position closes. 

 

Margin call

A margin is the portion of the Cash Equity in your account required for maintaining open positions.

You must have a sufficient margin of Cash Equity in your account to trade freely. 

 

On rare occasions, market conditions could cause your Cash Equity to become negative.

In these cases, evest will perform a margin call.

This means that evest will close all open trades and suspend trading in your account.

You will be able to trade again only once all trades are closed and the Cash Equity is no longer negative.

 

For example: if your Cash Equity is -$50 and the current value of your open positions reaches $50 or less (including unrealised profit),
evest will close all open positions to prevent your account from reaching a negative Cash Equity.

 

To read more about margin requirements, please refer to our Terms and Conditions.

 

Reach a margin call

If you are approaching a margin call (reaching an equity balance of 20%), you will receive a margin call alert via a notification within the platform.

You can then decide whether to avoid a margin call by closing positions yourself or depositing more funds.

If you reach a margin call, we will close all of your open trades and suspend trading in your account.

Once all the trades are closed, we will review your Cash Equity.

If it is still negative and your account is eligible, we will absorb the loss and reset your Equity to zero as part of our policy of Negative Balance Protection.

You will be able to trade again once the Cash Equity is no longer negative.

 

Margin call when you have a positive Total Equity

Yes. A margin call occurs when you do not have enough Cash Equity in your account.

The figure at the bottom right of your Watchlist and Portfolio is your account’s Total Equity,
and includes any evest credits you may have received.

If your Total Equity includes evest credits, it is possible to reach a margin call despite seeing a positive Total Equity figure,
since the margin is calculated using only your real Cash Equity. 

 

Avoid a margin call

To avoid a margin call, make sure you have sufficient Cash Equity in your account.

Check your Cash Equity status periodically and make sure to pay attention if you receive a margin call alert from evest .

If you have any other questions regarding margin calls, feel free to contact the evest Customer Support team.

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