IC Markets
Ask FX Recap
Ask a forex question.
Get a checked answer.
Our team answers traders' questions using official sources only, then publishes each answer for everyone.
- Official sources only
- Fact-checked
- Name never published
- 1You ask in plain words. No account needed.
- 2We research regulators, central banks and brokers' own terms.
- 3We fact-check: a second team member checks every figure.
- 4We publish with sources, and tell you if you left an email.
What we answer
- How platforms, orders, margin and swaps work
- What a broker's published terms, fees and licences say
- Rules and tax in your country, from official sources
- Platform errors you can fix yourself
- "Should I buy or sell?" or personal investment advice
- Trading signals or price predictions
- Requests to manage or recover money
- Scam claims about a named firm without an official source
Sample answers
Examples of the format, taken from our guides. Answers to readers' questions will appear here as we publish them.
MT4 / MT5Why is the New Order button greyed out in MT5?
Most often you are logged in with the investor (read-only) password; log in again with the master password. Other causes: no server connection, the market for that symbol is closed, or the symbol is disabled for your account.
GoldHow much is a $1 move in gold worth on 0.01 lots?
$1. On the standard 100-ounce contract, 0.01 lots is one ounce, so a $1 move is worth $1, or $10 on 0.1 lots and $100 on 1 lot. Check your broker's contract size first.
Regulation & taxIs forex trading legal in Nigeria?
We found no law banning individuals from trading. The Investments and Securities Act 2025 makes operating an unregistered online forex platform an offence, so unregistered local schemes are the main risk.
Trading basicsWhy is swap charged three times on Wednesday?
Spot forex settles two business days after the trade, so a position held over Wednesday's rollover settles after the weekend. That night's swap covers Wednesday, Saturday and Sunday.
BrokersHow do I check that a broker is really regulated?
Take the exact company name from the broker's website footer or client agreement and search it, not the brand, on the regulator's own register. A licence covers only that named company.
Market hoursWhat is the best time to trade forex from Kenya?
The London and New York overlap: 16:00 to 20:00 Nairobi time in US and UK winter, 15:00 to 19:00 in summer. Volume is highest and spreads tightest on the major pairs then.
Questions about Ask FX Recap
How long until my question is answered?
Most useful questions are answered within a few working days. Questions that need a regulator or broker to confirm something can take longer.
Will my name or email be published?
No. We publish the question only, edited for clarity. Your email is used to tell you about your answer and is never sold or shared.
Is an answer financial advice?
No. Answers explain how things work and what official sources say. They never tell you what to buy, sell or invest in.