How can I open a Demo account?

In order to open a Forex Demo Account, you have to fill in the online registration form here. As soon as you finish the registration process, you will see your account details on the screen, plus you'll also receive 100,000 USD virtual money to trade with.

How can I open a Live Account?

In order to open a Forex Live Account, you have to fill in the online registration form, which you can find here. Once you've submitted the form, you'll be sent all your account details to the email address you gave. To get your account verified, you'll need to submit all the requested documentation and make your first deposit.

How can I open a corporate account?

To open a corporate account, please complete our Registration Form for Live Account, and submit the requested documents. In the date of birth field the company’s date of registration should be filled in.

How long does it take to open the live account?

As long as you complete our registration process, submit a proof of identification and proof of address and make your first deposit, your trading account will be opened immediately.

How soon can I start trading?

You can start trading immediately after finishing the registration process and depositing funds.

Why can I not login to the client Area on your website?

The login for the client Area is your email address and password, which you have selected when creating an account.

I forgot my Client Area password. What should I do?

Please click on the “Forgot Password” link and enter your email address in order to reset your password.

Can I have more than one account?

You can have up to 5 trading accounts, according to company’s policy.

How can I manage multiple accounts?

You can manage multiple accounts by using the MT4 MultiTerminal platform, which you can request by sending an email to customer support

How do I open an additional account?

In order to open an additional account, please login to the Client Area, click on "Add a New Account” and then choose the Account type, Base Currency and Leverage.

What are your spreads?

You can find our spreads in the pages under our "trading" category. Forex Spreads Metals Spreads Commodities Spreads CFDs on Shares Spreads Equity Indices Spreads CFDs on Bonds Spreads

I got a stop out, why did it happen?

A stop out is an automatic closure of a position at the current market rate. A stop out occurs when the margin requirement has been exceeded and the account balance is no longer sufficient to sustain all the opened positions. A stop out is reached at approximately 1%, and it protects the client from having a negative balance or falling into debt with OloFx.

How do I change leverage on my Demo account?

In order to change the leverage on your demo account, please send an email to customer support {% trans 'specifying the leverage you wish to have. The leverage is usually changed within 1 hour during normal business hours, after receiving the request. Please note, in order for us to be able to change your account leverage, your account should not have any running (open) positions.

How do I change the leverage on my Live account?

In order to change the leverage on your live account, please send an email to customer support specifying the leverage you wish to have. The leverage is usually changed within 1 hour during normal business hours, after receiving the request. Please note, in order for us to be able to change your account leverage, your account should not have any running (open) positions.

What proof of identity is required?

You can provide us with a scanned colored copy of your passport, national identity card or driving license. Your personal details including serial number, your photo, signature, issue & expiry dates must be clearly visible.

Do you offer Swap-free accounts?

As long as you meet the Company’s criteria (e.g. client of a Muslim faith), you may be eligible for a swap free account. In order to get a swap free account, please open an account – as usual – and send an email to customer support requesting a swap free account. Please note that for any position left opened for less than 10 days the swap will not be charged. However, from the 11th day any position left opened will be subject to a fee which is calculated

What are your SWAP charges?

Swap charges differ from one currency pair to another and are determined by the liquidity providers we are working with. Swap rates can be found on the MT4 trading platform by taking the following steps: log in to your MT4 platform -> right click inside the Market Watch -> choose symbols -> select the currency pair -> click properties -> view swap rates for both long and short positions.

Why does your swap free account start charging after 10 days?

We only charge swap on any positions open for more than 10 days, this is to avoid any hedging. The account still remains as swap free.

What is the safety of my funds with OloFx?

All client funds deposited at OloFx are completely separated following our strict policies and procedures, with activities monitored and reviewed by our external and internal auditors. As a client, you can be assured that your funds are safe.

What payment methods can I use to fund my account?

In order to deposit into your account, you can choose Wire Transfer, PaysafeCard, MasterCard, Visa, Skrill (Moneybookers), Webmoney, Neteller.

How do I deposit funds into my trading account?

In order to fund your account by bank wire transfer, you will need to obtain our bank details from the Client Area or request them by sending an email to customer support As soon as you make your deposit by bank transfer, you will have to provide us with a swift copy of your transaction. Funding your account with all the other payment methods is initiated directly via Client Area.

Why can I not use Liberty Reserve?

Liberty Reserve is an unregulated e-wallet!

Which currencies can I use to deposit funds into my trading account?

You can deposit funds in any of the following currencies: EUR, USD

What is the minimum deposit required to open a trading account?

The minimum deposit to open a trading Standard account is USD 100 or equivalent. The minimum deposit to open Premium is USD 10,000.

How long does it take to have the deposit approved?

As soon as the payment provider informs us about your deposit, it will take us up to 1 hour to credit the funds to your account, during normal working hours. In case of bank transfer, the deposit is affected by your bank and correspondent bank timings. We commit to credit the funds into your trading account within an hour after receiving the funds into our clients’ bank accounts.

How can I withdraw the funds from my account?

To withdraw funds from your trading account please go to the Fund Transfers section, then choose Withdraw Funds , fill in the form and submit it. The funds must be withdrawn by the same method used for deposit.

Can I deposit via one method and withdraw via another?

No, you must withdraw funds by the same method you used for deposit.

Do you charge for deposits or withdraws?

Please note that we do not charge any commission neither for deposits nor withdrawals. Fees, however, do apply from the respective banks or payment processing companies.

Can I withdraw funds when I have open positions?

Yes, you can. You just need to be aware that when you submit a withdrawal request, your free margin must exceed the amount specified in the withdrawal instructions, including all payment charges. Free margin is calculated as Equity minus Necessary Margin (required to maintain an open position). If you do not have sufficient funds, then your request will be considered cancelled and you will need to resubmit a new withdrawal request.

How long does it take for the withdrawal to be processed?

All withdrawal requests are processed within the same working day of receipt, during our business hours (9:00 – 18:00 EET), but it will take 2-4 working days for the funds to reach your card/bank account.

Why have I not yet received my withdrawal, while the amount has been removed from my trading account?

The withdrawal amount has been sent to your requested source by us, so it now depends on your bank/credit card issuer on when the funds will be received. Please check with them.

Can I withdraw the bonus?

The Bonus is for trading purposes only and cannot be withdrawn. Profits from trading on live account with OloFx may, however, be withdrawn anytime, but the bonus will be removed from the trading account.

I have two accounts, but I made a deposit in the wrong account. How can I transfer the funds to my other account?

If you wish to make an internal transfer between your own accounts, you will need to fill in the internal transfer form by logging in to the Client Area and choosing Account Fund Transfer.

When am I going to receive MT4 Live account details?

As soon as you login to your client area for the first time, an email will be sent to you with MT4 account details.

How can I change the password on my MT4 account?

In order to change the password to your MT4 account, go to tools options server . By clicking the change button, you will have the possibility to write your new valid password, confirm it and save it. Then you can log out and log in with the new password you have just created.

I forgot my MT4 password. What should I do?

Please send an email to

customer support from the email address that is associated with your account, mentioning your MT4 login and request a new MT4 password. A new password will be sent to you at a later stage.

MT4 indicates context busy when I try to place an order. What should I do?

Please restart the platform.

Can I trade micro lots with a deposit of over 10,000 USD?

For a deposit of 10,000 USD, the minimum trade size is 0.1 lot.

What are your trading hours?

You can trade with OloFx 24 hours per day, starting at 00:00 on Monday and closing at 24:00 on Friday server time. Server time is GMT + 2 (GMT + 3 applies during daylight saving/summer time).

Do you support Trailing Stops and Expert Advisors?

Our platform supports Trailing Stops and Expert Advisors. The Trailing Stop or Expert Advisor are executed completely under your responsibility, as they depend directly on your client trading terminal.

I placed a pending order and it was deleted. Why?

Your pending order will be deleted from the system if the free margin (Equity – Used Margin) is not enough to cover the margin required for opening the specific order.

Why can I not trade currencies?

Go to the MT4 market watch, right click and select show all for them to be displayed – if not visible.

Why are the buy/sell symbols disabled when I try to place a trade?

Ensure that you are entering the correct minimum volume.

Why can I not trade micro lots (volume under 0.1 lots)?

Please note that for PREMIUM account, the minimum trading volume is 0.1 lots. If you wish to trade micro-lots, then you need to transfer funds to STANDARD account that will have a balance of less than 10000 USD.

Why can I not trade a given future?

Please note that futures have expiration dates and trades cannot be opened after their Last Trading Date. Select the next contract in line for the particular future.

I had a trade in a future that was closed by itself without me closing it. Why is that?

Please note that positions in futures contracts that had not been closed till the Last Trading Date will be automatically closed at their last quoted price.

Why was the swap that I was charged too high on Wednesday?

Your swap was higher than normal, because it took into account the week-end days. On Wednesdays, the charge that applies is triple the regular swap.

Where on your website can I find the calendar for the CFD?

Please go to “Trading” and select “CFDs Specifications”.

The MT4 Demo/Live login shows invalid account/no connection. What do I do?

Please check if you are entering a correct account number and a correct password. Also, make sure you are choosing the correspondent server.

Do you have a dealing desk?

No, we do not have Dealing Desk. The order execution is fully automated, ensuring no requotes occur.

Why are the spreads higher after 11pm?

From 23:00 to 02:00 server time, all markets are closed and therefore the liquidity in the market is very low.

What are your SWAP charges?

Swap charges differ from one currency pair to another and are determined by the liquidity providers we are working with. Swap rates can be found on the MT4 trading platform by taking the following steps: log in to your MT4 platform -> right click inside the Market Watch -> choose symbols -> select the currency pair -> click properties -> view swap rates for both long and short positions.