FAQ About Forex Trading Online
(FAQ) – frequently asked questions
Here you will find answers to questions on different topics.
TradersClub24 Club Membership
TradersClub24 was founded in 2009 in Bern, Switzerland by Carlos Martins. In recent years, the popularity has increased significantly. In 2016 we moved to Hamburg. More than 1,500 club members are members of the club and are supported by 10 permanent employees. Learn more about the company’s history here.
We are regularly present at stock market days and financial events in Germany. In addition, we have on-site training seminars in Hamburg. Due to Covid-19, no offline events are currently taking place.
Club members and trading enthusiasts are welcome to visit us for a coffee or a consultation. Please register for this. Please arrange a consultation here or just call us on 040 605 909 190
Simply put, by a high interest in trading, whether you have traded stocks, funds, CFDs or foreign exchange in the past. You don’t need to be a professional, but you should have heard a few basic knowledge or basic terms. We’ll teach you the rest. They should also be open to new things and be willing to learn new trading strategies. The most important thing, however, is that you are friendly and have time during the day to follow the strategies together with us in the live trading room. Learn more about our club members here.
By filling out and confirming the Become a Member form on our website. Either through the lower-cost one-off payment or the instalment purchase and monthly payment. Important: Club membership is lifelong and does not involve any additional costs. Once a member always a member!
Yes, you should! We offer every interested party a free 30-day guest access to the live trading room. Follow Carlos’ trades, discuss with and get a first impression of our type of trading. We also offer to talk to one of our trading coaches and jointly test the TC24 strategies on a risk-free demo account. You also have the opportunity to participate in all trades for 30 days, to practice and to find out if you can cope with our trading approaches. We support you personally.
Club membership is lifelong. Because we know that you need a lot of time and patience to learn new trading strategies. We don’t think of temporary offers where you get pressured to complete something immediately.
Yes, you have a 14-day right of withdrawal. Please do not compare the monthly payment with a membership like the fitness club. Both the one-time payment and the monthly payment are binding. In the case of the monthly variant, you commit to a contract which we have split as a concession to individual payments. Especially for skeptics or who do not believe that the TradersClub24 will not only be 11 years old but even longer.
The TC24. Trading tools only work on trading accounts of our partner brokers. Our partner brokers are GBE brokers and Markets.com. Both brokers are registered with recognized regulators, offer German-language support and the trading platform Metatrader.
All new club members start with the pro training course online on the home screen or in our seminar room. As part of our course, the strategies are taught and the handling of the trading platform “Metatrader” is practiced together with Carlos Martins. This course is fully recorded and can be viewed again at any time.
Everyone decides for themselves with how much capital they want to go live later. Because every trader has individual goals, time and risk awareness. There are club members who work with over 100,000 euros and others with 5,000 euros. It is your sole decision, we recommend a minimum account size of 10,000 euros.
It would be desirable if you were in the live trading room every morning from 08:25 until 12:00 (DAX opens at 09:00). The trading of the American market opening at 3:30 p.m. can also be very profitable. Please note that trading with SwissBox requires minimum volatility in DAX and foreign exchange. So we do not recommend trading during the lunch break, or at 2 a.m. or when the spot market in the DAX is closed. However, if you focus on the longer-term strategies, then the time required is much less, here you can very well pass through the signals in the evening in peace.
Yes, the training allows you to allocate time as freely as possible and is suitable for professionals. Our different trading strategies are suitable for both full-time and professional workers. One advantage of forex trading is the fact that markets are open 24 hours a day. And you can also use and practice the short-term strategies (SwissBox) in the Afternoon Dow Jones.
There are various providers that provide you with a capitalized account. You will be involved in the trading profits accordingly, for losses you usually do not have to pay. Google for Prop Trading.
TC24 Strategies and Tools
It would of course be desirable if you had heard a few basic terms like long or short before. But the fact that you’re new to it is the incentive for our trading coaches to take care of you even more and teach you the basics. Check out our Trading Academy . A lot of basic concepts are explained here.
Our trading strategies can be a perfect complement to your current trading strategies. Especially our SwissBox strategy (Open Range Breakout) can be a real added value for your trading performance. Try our strategies free of charge and without obligation in our guest access.
In the live trading room we trade CFDs and Forex (currencies). We focus on the DAX, EURUSD, EURJPY and the other majors (main currency pairs). Also the charts of oil, gold, bitcoin we sometimes look at, but mainly we trade the Dax index.
CFDs are derivatives (financial products), i.e. they allow you to trade a contract based on the price movement of an asset instead of the asset itself. For example, if you open a CFD position on gold, you agree to swap the difference in the gold price from the opening of the position to the closing of the position. Trading CFDs has several advantages: cost-effective. They can trade when markets fall or rise. And you can trade 24 hours a day in a variety of markets. Take a look at the explanation here.
Yes. In the live trading room and in the Pro Training courses, the handling and use of the specially developed TC24 trading strategies is discussed. You will also receive all indicators, templates, profiles and add-ons for your metatrader if it has been opened at one of our partner brokers.
We are not asset management. Rather, we want to support our club members in doing their own success.
We do not offer fully automatic trading systems. The TC24 strategies are self-developed and tested trading concepts based on a 100% set of rules. So there are clear and easy-to-understand entry and exit signals that are duplicated for you. We rely on you as a mature trader, because there are many market situations that only you can assess individually
We work with the well-known Metatrader trading platform. We have programmed all our indicators, templates and add-ons for MT4 and soon also for the MT5.
A normal PC and a screen are enough. The PC should have 8GB of RAM and at least Windows 7. If you are using an Apple PC, the installation is more expensive due to the different operating system. However, you do not need to buy a new PC, but in this case we recommend the use of Windows Parallels, Virtualbox or a VPS service supported by Windows. Our software of TC24. TradingTools and metatrader is also focused on Windows. So you can’t trade with your phone, iPhone or iPad.
TradersClub24 Live Trading Room and Pro Training
First, verify that the speakers on your computer are turned on. To do this, simply click on the speaker icon in the taskbar. Then check that you have activated the green speaker icon in the live trading room above and select the correct speaker if necessary via Select Speakers. If this does not help, please close the browser and try to log in again.
The TC24 live trading room works with Adobe Connect software. This plugin is already included in the current browsers such as Internet Explorer, Mozilla Firefox and Google Chrome, or can be easily downloaded and launched. Please note that your browser is enabled for Adobe Flash. If the live trading room is not displayed correctly, please contact us or use the Adobe support link.
The aim of the live trading room is to show club members and guests how our strategies are traded in practice. So it’s a modern training room. Many of our strategies require market volatility to perform successfully, meaning there are more signals on some days than others. We try to generate a return of 0.3% on a daily basis. You can also get an overview of the performance during the weekly reviews on our Youtube channel: https://bit.ly/2Io594a
Please understand, however, that our goal is not to make as much return as possible, but to support you in trading and to provide assistance. Your personal goal should be to be able to implement the strategies independently, even without our help.
By visiting our guest access. After you have completed the form with your data, an e-mail will be sent to you, which you should confirm again. If you have any questions, please contact our trading coaches.
The live trading room starts in the morning at 08:25 CET (Central European Time). By noon, Carlos’ focus is entirely on trading, and at 12:00 a.m. a brief summary of the morning review will take place. From 14:00 to 17:00, the live tading room will be open again for trading, but there will be a little less moderation. In addition, extra events such as the trading session take place in the afternoon.
Our SwissBox strategyis particularly popular. This is an open range breakout strategy with which will make multiple trades spread throughout the day. The profit target is 7.5 points away from the start and thus has an extremely high hit rate. Ideal for not being in the market with open positions for long. To do this, we recommend the TC24 in support. TradeRadar-BlueBox, an add-on specially programmed for the metatrader for the detection of automatic setups.
The MasterTemplate III is a trend-following approach on the time unit M5. This indicator-based system provides clear entry and exit rules. In addition, we are trading a strategy on a 4-hour basis and a daily strategy. Learn more about the TC24. VolaBox the TC24. TradeRadar-Pro and the TC24. TradeManager
There is a chat function in the live trading room. In this chat you can write your questions directly. At first, only Carlos sees this question and can unlock it later for everyone, so that it can be seen in the chat history.