FAQ
questions for your convenience
My Account
I forgot my password, what should I do?
Upon login, click the Forgot your password? link under the button and enter your email address. A new password will be sent directly to your inbox and you can then log in and change the password in the Change Password page. If you do not remember which email address you used to open your trading account, please contact Customer Support.
Where can I see my transactions or trading history?
Your transaction history together with all the rest of your account activities may be accessed from the trading platform. Simply click the Reports button to access the information. You may need to use advanced filters to locate historical data.
How can I change my personal details?
On the dropdown next to your name, click Update Details. Change the details and click Save. Additionally, for your convenience, our Customer Support can assist you via email, live chat or phone.
What is an Islamic Account?
How do I open an Islamic account?
In order to open an Islamic account, you will have to contact us and speak with one of our Customer Support representatives or click here for additional information.
What is a demo account?
How do I fund my demo account?
In order to add funds to your demo account, you first need to activate your real trading account. Once your real account is funded, contact your personal account manager and get up to $10,000 in demo funds.
What currencies are available for use in my account?
All major currencies (USD, GBP, EUR) are supported. Your selected currency cannot be changed after the account registration process has been completed.
Banking
What are the available deposit methods?
Must I deposit money to register?
What is the minimum withdrawal amount?
Are there any withdrawal fees?
Platinum and Black account holders are granted their first withdrawal free of charge. A service fee of 3.5% is charged on all other withdrawals. In the event that this percentage equals an amount of $30 or below, the trader will be charged a standard $30 withdrawal fee. The maximum service fee for a single withdrawal is capped at $3,500. Service fees for wire withdrawals will be charged to the beneficiary. Additionally, the commissions of wire withdrawals will be charged to the beneficiary. Click here for a full description of withdrawal terms and methods.
How are my withdrawable funds calculated?
How much time will it take to confirm and process my withdrawal request?
How do I withdraw funds from my X-Kapital account?
With which payment method can I withdraw my funds?
The withdrawal procedure is subjected to the initial investment method of payment you used. For instance, if you invested using your MASTERCARD and subsequently gained profits in your account, the initial withdrawal amount (up to the amount of the deposit) will be returned to your MASTERCARD. Any additional profit you have gained will be credited to you using a payment method of your choice out of our supported payment methods.
What information do I need to provide for a wire transfer withdrawal?
What is a Swift Code?
What is an inactive account (dormant) fee?
If there hasn’t been any trade executed in your account within 60 days, your account will be subjected to a dormant account administrative fee of $10.00. The fees will be deducted from your account balance on the date of the 61st day and monthly onwards until you resume your account activity, or until the balance reaches zero.
What is a profit clearance fee?
Trading on the Example-1 platform is subjected to a profit clearance fee. The fee is variable and depends on the profit volume generated from each position. ranging between a minimum of 1.50 and maximum of 5.00 per trade (USD, GBP or EUR).
Am I charged a profit clearance fee on all my trades?
No, the profit clearance fee applies to successful trades or those sold for profit. Additionally, the commissions of wire withdrawals will be charged to the beneficiary. Click here for a full description of withdrawal terms and conditions.
How much is a profit clearance fee?
250 or less = 1.50 251 – 500 = 2.00 501 – 1,000 = 3.00 1,001 – 2,500 = 4.00 2,501 or more = 5.00
These sums refer to the currency used in your account (USD, GBP, EUR).
What are maintenance fees?
Maintenance fees are a monthly account charge encompassing all services and features available for traders. Starting from the initial trade an investor executes, a monthly maintenance fee of 7.50 (USD, GBP, EUR) will be charged to the trading account on the last day of the month. If you begin trading after the 1st day of the month, you will then be prorated for the remaining fees, in accordance with how many days remain in the month.
Are my profits taxable?
ACCOUNT VERIFICATION
Account verification
What documents are needed in order to fully verify my X-Kapital account?
In order to start trading and withdraw funds, you must first provide us with:
1. Scan/photo of your government-issued identification (ID card, driver’s license, passport) 2. Scan/photo of your proof of residence (gas/electricity/home phone bill, Bank statement etc.)
In addition, in a case where you deposited funds via credit card – a scan/photo of the front and back sides of your card. Click here for a full description of our account verification process.
What needs to be visible on my government-issued identification (ID card)?
What needs to be visible on my Proof of Address (Utility Bill)?
The entire document must be clear and visible, including your full name, address, date of issue and utility company logo. Must be issued within the last 6 months of submission.
What is a valid government-issued identification (ID card)?
1. Passport (For all nationalities) 2. Identification card (For all nationalities) 3. Driver’s license (For all nationalities) 4. Income tax ID (Indian and Pakistani clients only) 5. Internal passports (Russian clients only)”
What is a valid Proof of Address (Utility Bill)?
1. Water bill/invoice 2. Electricity bill/invoice (or voucher) 3. Gas bill/invoice 4. Landline phone bill/invoice 5. Home internet bill/invoice 6. Bank statement
Is an electronic bank statement acceptable?
I sent all the required documents, why do I still receive ‘Send another document’ or ‘Documents incomplete ’ emails?
I do not possess any bills in my name, what should I do?
What needs to be visible on my credit/debit card copies?
What do I do if the credit/debit card is not under my name?
What do I do if I lost the credit/debit card I used to deposit with?
Where should I send the required documentation to? And can I upload it online?
When will I know if my documentation has been approved or declined?
What is an Investors Questionnaire?
What is a professional client?
1. Credit institutions 2. Investment firms 3. Other authorized or regulated financial institutions 4. Insurance undertakings 5. Collective investment schemes and management companies of such schemes 6. Pension funds and management companies of such funds 7. Commodity and commodity derivatives dealers 8. Locals 9. Other institutional investors
Large undertakings meeting two of the following size requirements, on a proportional basis:
1. Balance sheet total at least EUR 20.000.000 2. Net turnover at least EUR 40.000.000 3. Own funds at least EUR 2.000.000 4. National and regional governments and public bodies. 5. Other institutional investors whose main activity is to invest in financial instruments including entities dedicated to the securitization of assets or other financing transactions.
What is an eligible counterparty?
1. Investment firms 2. Credit institutions 3. Insurance companies 4. UCITS and their management companies 5. Pension funds and their management companies 6. Other financial institutions authorized or regulated under community or national law 7. Commodity and commodity derivative traders (dealing on own account) 8. National governments and their corresponding offices including public bodies which manage public debt 9. Central Banks 10. Supranational organizations 11. Third country entities equivalent to the categories mentioned above
When dealing with eligible counterparties, the CIF obtains express confirmation from the counterparty that it agrees to be treated as an eligible counterparty. This can be obtained either as a general agreement or on a transaction by transaction basis.
What is a retail client?
Why has my account been suspended due to verification?
TRADING BASICS
What are investment amounts?
What are underlying financial assets?
Stocks (Coca Cola, Barclays PLC, Google Inc., Snapchat, etc.) Indices (NASDAQ, DAX30, CAC40, DJIA, etc.) Commodities (Gold, Silver, Oil, coffee, etc.) Currencies (EUR/USD, GBP/USD, AUD/CHF, etc.)
I attempted to invest a certain amount in a single position, but got an error message saying: ‘You’ve exceeded the maximum investment amount’, what should I do?
Why can’t I see a particular asset?
What are the displayed quoted prices/rates?
What do the colors of the ask and bid rates on the trading platform mean?
What are the minimum and maximum limits for trading?
Where are the assets’ trading hours displayed?
What is order execution?
Which order execution types are available?
1. At Requested Price– allows you to determine one specific price at which your orders can be executed. By choosing this execution type, your order will either be rejected or accepted, depending on the asset’s market price. If the asset’s price changes, the system won’t be able to execute the trade. However, if the market price doesn’t change, your order will receive an approval and will be executed according to your request.
2. At Market– permits you to execute an order, even at times when the price change doesn’t allow it. This option prevents you from having trades rejected; instead, it executes your trade at the best available current market price.
What is the default order execution type?
I have questions about a trade outcome, what should I do?
CFD TRADING
What are CFDs?
What is a BUY position?
What is a SELL position?
What is a pip?
What is the meaning of spread?
What is the meaning of leverage?
What is an initial margin requirement?
What is a maintenance margin requirement?
What is a margin call?
What is a stop-loss order?
What is a take-profit order?
What is an entry order?
An entry order acts like a conditional order to buy or sell at predetermined a price (other than the current price). Click here to learn more.
What is a bid price?
What is an ask price?
Does CFD trading with X-Kapital require any previous financial experience or background?
CFD trading with Example-1 doesn’t require any previous financial experience or background. All you need is a computer or a mobile device and an internet connection.
What is the maximum leverage that is offered for CFDs at X-Kapital?
The maximum leverage that is offered for CFDs trading at Example-1 is 1:200 and it’s available on selected assets and for selected account types.
What is a strike price?
What are the returns on successful investments?
FX TRADING
What is FX?
How do I trade FX?
What is a base currency?
What is a quote currency?
Does FX trading with X-Kapital require any previous financial experience or background?
The answer is no. There is absolutely no need for any previous experience in order to start trading Forex with Example-1.
What is the maximum leverage that is offered for FX at X-Kapital?
The maximum leverage that we offer currently stands at X200.
What is a strike price?
What are the returns on successful investments?
The returns on a successful investment at Example-1 may vary and depend on market movements. You can follow this formula to get an idea as to how returns on successful investments are calculated: (Closing Rate-Opening Rate) x (Closing {quote}/{home currency}) x Units.
What’s the difference between traditional trading and Forex trading?
TECHNICAL
Why can’t I log into my X-Kapital account?
The most common reason for login errors happens when the password is copy-pasted (since there may be spaces before or after the password.) Make sure you type it correctly. An additional reason for login error is when your browser is storing old passwords through cookies. Please clear the cookies through the browser settings and if the problem persists, try entering with a different browser. For further assistance, please contact Customer Support.
Do I need to download any software to use X-Kapital trading platform?
No. All that is required to trade with Example-1 is to register online and fund your account.
How do I change the displayed language?
What do I do if I can’t open an eBook?
Do I need to download Java™ in order to use the X-Kapital site and platform?
No. Java™ is not required.
Do I need to download Flash in order to use the X-Kapital site and platform?
Yes, some pages, trading platform and video tutorials included, require Flash. Please download Adobe Flash Player.
Why don’t I get any newsletters?
1. It went to the Spam folder (due to the email server mistakenly identifying our emails as spam).
2. Various email servers have interruptions, you may be encountering a temporary delay.
Please contact Example-1 Customer Support for further assistance.
Why are some pages of the platform unavailable?
PROMOTIONS
What are traders points?
CFDs calculation method:
Please note, the example above describes a case where your account currency is USD.
Do I need a certain amount of traders points in order to stay in a certain account type?
The monthly amount of traders points required to maintain account types:
BASIC | BRONZE | SILVER | GOLD | PLATINUM |