Tuesday, July 12, 2011

trading

CONTENTS

1. How to Create Market Account.

2. Making Payment for Microcode.

3. Operating Your Market Account.

4. Uses of Market Account Buttons.

5. How To Generate Currency.

6. Market Terms.

HOW TO GENERATE CURRENCY WITH CODES ON THE FXPIP

MARKET PLATFORM

STEP 1:

CREATE YOUR MARKET ACCOUNT:

* How To Create Market Account.

Logon to any of the URL: www.fx-pip.com or www.myfx-pip.com.

From the homepage; click on “sign up for microcode”.

On the registration form; input your:

· Full name;

· Date of birth;

· Gender;

· Phone number: a phone number used for one active market account cannot be used for another account again. The system will reject it.

· E-mail: an e-mail ID used for one active market account cannot be used for another market account.

· Street address;

· City/State;

· Country;

· Microcode type: here, you are to select the type of market account you want to be generating the currency i.e. USD, EUR OR GBP.

· Password: you are to enter the password you will be using to login to your market account when it is activated.

· Introducer’s Code: the market requires this in other to know who introduced the incoming trader to the market. This gives the introducer more chance of generating currency.

YOUR PERSONAL BANK ACCOUNT DETAILS

Account Name, Account Number, Bank’s name, Bank’s City/State and Bank’s country.

You are to provide all these, to help your money being safe from hackers. It also serves for the purpose of receiving payment of your generated fund from the FXpip Market in your local currency, without a domiciliary account. How? Because your market account and its microcode will be linked to your bank account, with the code of the country where the bank account is. NOTE: No microfinance bank account is acceptable.

STEP 2:

MAKE PAYMENT FOR MICROCODE OF THE ACCOUNT YOU CHOSED.

After creating your market account by signing up; the next thing to do is to make payment for the microcode-type you chose when you were filling the market account opening form i.e. USD account, EUR Account, or GBP account) Presently; USD account costs $250, EUR account costs $350 while GBP account costs $550. To pay in Naira; multiply the microcode cost by N160. The N10 difference is for the bank’s charges.

* How To Make Payment:

The FXpip Market operates local bank account in every nation where her market is traded. Below is the Nigerian payment detail of FXpip market:

Account Number: 6114005918.

Account Name: FXpipDotCom.

Zenith Bank Plc.

Once your payment is confirmed by the Market, your microcode will be sent to your e-mail box. After payment; if you don’t get your microcode from the market within 24hrs, contact your broker to help you forward complain to the Market.

STEP 3:

OPERATING YOUR MARKET ACCOUNT.

Once you have received your microcode; login to your market account (using the microcode and your password you provided when you were creating the account).




From your market account homepage; five (5) navigational buttons are displayed.

USES OF THE BUTTONS

1. My account”: this button takes you to where you can view other links that has your market account reports, as well as market transaction.

2. Enter market”: this button takes you to the market currency generating platform, where you can input your microcode and generate currency.

3. “Cash pips”: this button serves the same purpose with “withdraw pips”. Therefore, a trader should always use the “withdraw pips” page for all withdrawals.

4. “Withdraw pips”: this button takes you to the withdrawal page where your generated currency can be withdrawn to your bank account.

On the withdrawal page, you are to input your microcode and click on “withdraw”.

After clicking on “withdraw”, the system will give you a withdrawal confirmation message that “your withdrawal request has been submitted. And the system is carrying out a security check on your account...”

Click on “OK” to exit the withdrawal confirmation message.

5. Invite Friends”: this button links you to the page where you input your market code and send to invite friends online.

Other Similar Operational Buttons You Will Find Are:-

· “Statement 1”: this is where you view the record of all the currency you have generated.




· “Statement 2”: this gives you the record of the traders you have introduced to the market. It also shows the number of price-accepting lines each trader you introduced added to your market account i.e. 10 lines.




· “Market report”: this is where you view the instant record of your generated currency. When market exposure ceiling is reached and your market account is refreshed; the record here will be moved and added to the reports in “Statement 1” until withdrawal is made. When a record leaves “market report” to “Statement 1”; it means generated fund has been cashed to your market account. And when it leaves “Statement 1” it means your generated fund has been cashed from your market account to your bank account.


· “Check pips”: this button carries out the same duty with “Statement 2”. “Check pips” and “Statement 2” have to do with the record of traders you have introduced to the market.


· “Generate pips”: this button takes you to the market currency generating platform as the “enter market” button on your market account homepage.

HOW TO GENERATE CURRENCY:

From the currency generating platform, you are to enter your microcode as shown below:

When the “generate” button is clicked; it will send your microcode to the market. And give you a feedback (“market result”), stating the “generating cost” and “selling cost”.




As the FX Market price is either rising or falling with market indices; the last market index at the particular time your microcode hits the market determines the “generating cost”.

NOTE: there is a “generating cost”, and there is a “selling cost”.

If the “generating cost” is higher than the “selling cost”, you are to click on “ignore” to abort the transaction. But if the generating cost” is lower than the selling cost”; click on “accept” and have the profit difference claimed to your market account.

Once the “accept” button is clicked; the market will give you an accepted price confirmation, stating the profit difference you have just claimed to your market account, as shown below:




Click on “Ok”

.

MARKET TERMS:

By default, as a new trader; you can accept positive price up to ten times before you reach your market exposure ceiling. Therefore, you (as a USD trader) are to accept market prices that has generating cost of $14, $12, $5, $1, $-5…$-10 and below in other to maximize your 100% withdrawing profit.

A trader has 100% of the total amount he/she has generated, except for his/her broker’s 10% commission when withdrawing. Therefore to withdraw much, you are to generate much. After every withdrawal, a trader’s microcode is to be renewed.

What do I do when I reach my market exposure ceiling?

Your market account has to be refreshed before you can generate again.

How is market account refreshed?

Market account is refreshed from the market system admin in any of the two (2) ways.

(1) Withdrawal: - When you place a withdrawal request and the market gets to credit your bank account; it automatically refreshes your market account and have you exposed to your 10 lines again after the renewal of your microcode.

NOTE: as a new trader; if you unknowingly accept market prices that has a smaller profit, and the sum of your first 10 lines is below the cost of your microcode; please do not refresh by withdrawal so you won’t lose.

(2) Introducing New Trader: When an existing trader introduces a new trader to the market; the system refreshes the existing trader’s market account by adding 10 additional price-accepting-lines to the first default 10 lines he/she has.

Therefore; each time you reached your market exposure ceiling of every 10 accepted market prices, and you know you have introduced people to the market, which makes you to have advantage of accepting market price more than 10 lines; send a mail in this format:

Market account name: James Henry, Microcode: CPVUSD000KJI, “please refresh” Then send it to info@fx-pip.com

That same day, the market will refresh your account.

NOTE: to avoid your account been terminated; market account refreshing mail should not be sent more than one (1) time in a day. The market will send you a mail when your account has been refreshed. And the number of refreshing mails you are to send must not exceed the number of the active traders you have introduced to the market.

Time mails are attended to in the market is Monday to Wednesday (8:00am-3:00pm) of every country’s local time. Any mail sent after 3:00pm from Monday to Wednesday is never attended to. And any mail sent on Thursday, Friday, Saturday and Sunday is never attended to.

Time withdrawal requests are attended to in the market is Monday to Wednesday (8:00am-3:00pm) of every country’s local time. Any withdrawal request sent after 3:00pm from Monday to Wednesday is never attended to. And any withdrawal request sent on Thursday, Friday, Saturday and Sunday is never attended to.

Note: Every trader has the chance of accepting price up to 10 times before hitting the exposure ceiling. And every new trader an existing trader introduces to the market gives the existing trader 10 additional price-accepting chances to generate and accept market price.

To create your market account; use CPV as “introducer’s code”. And when you are introducing some one; let that person use your code as the “introducer’s code”, not CPV any more.

For more enquiries and weekly/monthly training; contact CediProfit Ventures,

9, Independence Street Ikeja, Lagos.

Tel: +234-7033713360.