To start your application, you can register here!
To complete your application, you will need to provide the following documents:
A colored copy of a Valid Government Issued ID (passport preferred)
A Utility Bill/Bank Statement (dated 3 months or less)
Once your application has been approved, you will receive an email notification containing your next steps. Please ensure that you check your junk & spam mailboxes.
There may be several reasons why you cannot enter trades. Please contact our Client Services team for troubleshooting assistance.
Yes, we have apps for PC (Windows 7 or Newer), web, Android and IOS
MT4 Users can view transaction history by selecting the ‘Account History’ tab directly through the platform.
All other platform users can view transaction history through Prop Reports if your trading account is active, you would’ve received your login credentials via email.
This could be due to the updating issue. We report at the end of day to your back office and end of month report directly from the trading platform.
Please review our Pricing Page to learn more about the subscription and software charges for your platform of choice.
Yes. You can request a 14-day free trial Das demo account or sterling demo account.
We provide demo accounts with unlimited buying power for you to practice trading. Once you are confident about your trading strategies, you can apply for a live trading account. However, risk parameters will be applied to live trading accounts for risk management purposes.
We use PropReports for equity back office. Login to your account on PropReports to view different kinds of trade reports, open positions, trade fees and account balance.
Yes, our Pre-market trading begins at 4 AM EST and Post-market ends at 8 PM EST.
You will be charged for locate fees upon accepting shares within the platform. This fee applies whether or not you execute a trade with these shares.You will be charged for locate fees upon accepting shares within the platform. This fee applies whether or not you execute a trade with these shares.
Every symbol has a different cost depending on the demand and inventory. The locate fees are quoted per share basis.
There are several ways to check if a stock is shortable. One way is to place a short order, another way is to look for S or ETB on the level2 window.
We have education partners who can help with trading education. We could provide a demo account for you to practice and learn to invest and trade.
Our operations team is standing by to assist traders regarding any issues they experience in trading during normal market hours.
Based on your trading platform, you are allowed to add or remove data features to your monthly subscription package. Fore more information, please review our Pricing Page to learn more about the subscription and software charges for your platform of choice.
Yes. You will be given till the end of the day to wire more funds. Please remember to email us the wire receipt.
You can fund your account through your Client Portal using your registered email address & password. Once logged in, select the ‘Make A Deposit’ tab and complete the mandatory Deposit Notification Form.
Once your account has been successfully funded, you will receive a next steps via email.
Depositing Funds into your Street Trader account is a simple and smooth process, using our Client Portal via an App or web browser you can transfer funds by accessing the required form and submitting your request all through a secure and safe location.
Customers may withdraw funds from their Street Trader account at any time. Funds can be withdrawn up to the value of the balance of your Street Trader account, minus the amount of margin used. Funds are withdrawn using the same method, and sent to the same account, as previously used for your deposit.
Wire deposits can take up to 10 business days (from date of initiation) to be received and processed. Please ensure that you complete the mandatory Deposit Notification Form to avoid any further delays in processing.
Once your deposit is processed, you will be notified via email.
You can fund your trading account with a minimum of $500 USD.
To maintain access to your trading account, you should have a minimum account balance of $100 USD (after fees).
You can request a withdrawal through your Client Portal using your registered email address & password. Once logged in, select the ‘Request A Withdrawal’ tab and complete the mandatory Withdrawal Request Form.
Once your request has been approved, you will receive next steps via email.NOTE: Please ensure that you are not in any open trades prior to making this request.
Withdrawals can take up to 3 business days to be approved and processed. Please be reminded that trades must settle (T+2) prior to processing your request. Please ensure that you do not have any open trades to avoid any delays in processing.
Once your request is processed, you will be notified via email.
Contracts for differences (CFDs) are contracts between investors and financial institutions in which investors take a position on the future value of an asset. The difference between the open and closing trade prices are cash-settled. There is no physical delivery of goods and securities; a client and the broker exchange the difference in the initial price of the trade and its value when the trade is unwound or reversed.
A contract for difference (CFD) allows traders to speculate on the future market movements of an underlying asset, without actually owning or taking physical delivery of the underlying asset. CFDs are available for a range of underlying assets, such as shares, commodities, and foreign exchange. A CFD involves two trades. The first trade creates an open position, which is later closed out through a reverse trade with the CFD provider at a different price. If the first trade is a buy or long position, the second trade (which closes the open position) is a sell. If the opening trade was a sell or short position, the closing trade is a buy. The net profit of the trader is the price difference between the opening trade and the closing-out trade (less any commission or interest). Is Trading CFDs Safe? Trading CFDs can be risky, and the potential advantages of them can sometimes overshadow the associated counterparty risk, market risk, client money risk, and liquidity risk. CFD trading can also be considered risk as a result of potential lack of liquidity, and the need to maintain an adequate margin due to leveraged losses.
Yes, it is possible to make money trading CFDs. However, trading CFDs is a risky strategy relative to other forms of trading. Most successful CFD traders are veteran traders with a wealth of experience and tactical acumen.
Minimum Thresholds for CFD Trading are as follows:
Retail $2,500 USD
Corporate $5,000 USD
The level of experience required to trade CFDs depends on your trading goals. Here are some tips that can help you make that determination.
The Street Trader has several controls in place to ensure your trading experience is top notch. Should you have more questions regarding these controls feel free to contact us.
A forex pair is a combination of two currencies that are traded against each other. There are hundreds of different combinations to choose from, but some of the most popular include the euro against the US dollar (EUR/USD), the US dollar against the Japanese yen (USD/JPY) and the British pound against the US dollar (GBP/USD).
The base currency is always on the left of a currency pair, and the quote is always on the right. The base currency is always equal to one, and the quote currency is equal to the current quote price of the pair – which shows how much of the quote currency it’ll cost to buy one of the base. So, when you’re trading currency, you’re always selling one to buy another.
A pip in forex is usually a one-digit movement in the fourth decimal place of a currency pair. So, if GBP/USD moves from $1.35361 to $1.35371, then it has moved a single pip. But, if you’re trading JPY crosses, a pip is a change at the second decimal place. A price movement at the fifth decimal place in forex trading is known as a pipette.
Currencies are traded in lots, which are batches of currency used to standardise forex trades. As forex price movements are usually small, lots tend to be very large. For example, a standard lot is 100,000 units of the base currency.
Margins – When you spread bet and trade FX, you do so with leverage – meaning you can win, or lose, a significant amount more than your initial deposit – called your margin. Though not actually a cost to you, the margin you pay makes a big difference to the affordability of your forex trade.
Spreads – Your key payment for trading forex is the spread – the difference between the buy and the sell price – our charge for executing your trade. We work to keep our spreads among the lowest in the business.