How to Trade Binary Options, Forex, Stocks and Withdraw on Stockity
How to Trade on Stockity
How to use Charts and indicators on Stockity
With the wide range of tools that Stockity offers, traders can develop analytical skills and practical insights. We’ll go over how to use the charts and indicators on the Stockity platform in this tutorial. By making use of these materials, you may enhance your trading experience overall and make wise trading selections.Charts
With the Stockity trading software, all of your settings may be created right on the chart. In the box on the left-side panel, you may define order details, add indicators, and change parameters without losing sight of the price action.
You can modify their candles and line types. From the lower left corner of the screen, you can adjust the time intervals from one second to five minutes.
Indicators
To conduct a thorough chart analysis, use widgets and indicators. Those include RSI, Fractals, Parabolic SAR, Moving Average, MACD, Bollinger Bands, and Fractal Chaos Bands.
What is an Asset on Stockity?
An asset is a financial instrument used in trade. The price dynamics of the selected item are the basis for each trade. Cryptocurrency assets are offered by Stockity.Choose an asset to trade by doing the following:
1. Click the asset section at the top of the platform to see the available assets.
2. You can trade on many assets at once. Click the "+" button straight out of the asset section. The assets you choose will mount up.
How to place a Trade on Stockity?
With the help of Stockity, traders can conduct binary options trades efficiently thanks to an intuitive trading interface.Step 1: Select an Asset:
The percentage next to the asset represents its profitability. The larger the proportion in the case of success, the higher your payout.
Depending on the situation of the market and when a trade expires, the profitability of some assets may alter during the day.
Every trade closes with the initial profit displayed.
Select the chosen asset from the drop-down list located on the left side of the dashboard.
Step 2: Choose an Expiry Time:
Enter the time you want it to expire. The deal will be deemed closed, or ended, after the expiration period has passed, and the outcome will be decided automatically.
When you close a binary options trade, you are the one who chooses when the transaction is executed.
Step 3: Establish the Quantity of the Investment:
Enter the desired stake amount to play. It is suggested that you start out little in order to assess the market and get comfortable.
Step 4: Analyze the price movement on the chart and make a prediction:
Press the "↑" (Green) button if you believe the asset’s price will increase, or the "↓" (Red) button if you expect it to decrease.
Step 5: Monitor Trade Progress:
Wait for the trade to conclude to find out if your prediction was correct. If so, your initial investment plus the profit from the asset will be added to your balance. In the event of a tie - where the opening price is the same as the closing price - only your initial investment will be returned to your balance. If your prediction was incorrect, your investment will not be returned. For a better understanding of the platform’s interface, you can watch our tutorial.
Trading History.
Please note: the market is closed over the weekend, hence currency pairs, commodity assets, and company stocks are not available for trading. Market assets will be accessible again on Monday at 7:00 UTC. In the interim, you can trade on Over-the-Counter (OTC) assets over the weekend!
Frequently Asked Questions (FAQ)
What does 5-second trades (5ST) mean?
5-second trades (5ST) is a trading method that enables you to execute superfast trades with just one click.
Similar to Fixed Time Trades (FTT), 5ST allows you to profit from the smallest price changes. You select the asset, and the trade amount, and predict whether the asset’s price will rise or fall. If your prediction is accurate, you earn a profit.
The key distinction is that the expiration time for 5ST trades is always fixed at 5 seconds.
Additional points to consider:
- 5ST is only operational on new charts with Mountain and Line chart types.
- 5ST is accessible for Crypto IDX, NDX/USD, DJI/USD, and all OTC assets.
- Due to their rapid nature, 5ST trades only work within a 1-second time frame.
What is the minimum investment amount to open a trade?
To begin trading on Stockity, you must deposit a minimum of $10. The minimum investment amount to open a trade is $1.
What is a Fixed Time Trades trading mechanics?
Fixed-time trades (FTT) represent the primary trading mechanism on our platform. FTT trading lets you profit even from minute price shifts. The fundamental concept of FTT trading is that you predict whether an asset’s price will rise or fall, set a time for the trade to conclude, and earn a profit if your prediction proves accurate.FTT trading comes in two types:
- Short-term trades – trades that expire in less than 5 minutes.
- Long-term trades – trades that expire within a duration of up to 60 minutes.
Withdrawing Funds from Stockity: A Step-by-Step Guide
Navigating Fund Withdrawals on Stockity
The method you choose to take the money out will depend on how you deposited it.Only the e-wallet account from which you made the deposit may be used to withdraw funds. To take money out, create a withdrawal request on the withdrawal page. Withdrawal requests are processed within two business days.
There are no fees associated with our platform. However, the payment method you select may impose such commission fees.
Steps for Withdrawing Money from Stockity
Withdraw using E-wallets on Stockity.
Step 1: Access Your Account’s DashboardAfter logging in, navigate to your account dashboard. After logging in, this is usually your main landing page, which gives a summary of all the financial transactions associated with your account.
Step 2: Verify Your Identity
Security is Stockity’s primary priority. To process a withdrawal, you may need to produce identification. This could include supplying more information, answering security questions, or completing a multi-factor authentication process.
Step 3: Go to the section on withdrawals
Click on your profile picture in the top right corner of the screen and choose the “Cashier” tab in the menu. Then click the “Withdraw funds” tab.
Step 4: Choose the Withdrawal Method
In addition to the cryptocurrency withdrawal method, you have the option of using another one. If something goes wrong, you can easily switch your withdrawal method. Here, we select to withdraw money using MoMo.
Step 5: Choose the Withdrawal Amount
Enter the desired amount to take money out of your Stockity account. Make sure the amount stays within your available balance and takes into account any potential fees associated with the withdrawal type.
Step 6: Enter the Account owner and Wallet number to receive funds
Copy your information account on the Momo app and input the requested withdrawal on Stockity to obtain money. Then, click "Request withdrawal".
Step 7: Check the Status of Withdrawal
After submitting your withdrawal request, monitor your account for updates on its status. When your withdrawal is processed, approved, or completed, Stockity will notify you or provide an update.
Withdraw using Crypto (BTC, ETH, BNB, ADA, LTC, USDT) on Stockity
Step 1: Sign in to your Stockity account.To access your Stockity account and start the withdrawal process, enter your password and registered email address. Make sure you are using the Stockity website to protect your account.
Step 2: Access Your Account’s Dashboard
After logging in, go to your account dashboard. After logging in, this is usually your main landing page, and it displays an overview of all the financial activities connected to your account.
Step 3: Verify Your Identity
Security is a top priority for Stockity. You may be required to present identification to process a withdrawal. This may mean providing additional information, answering security questions, or completing a multi-factor authentication process.
Step 4: Go to the section on withdrawals
Click on your profile picture in the top right corner of the screen and choose the “Cashier” tab in the menu. Then click the “Withdraw funds” tab.
Step 5: Choose the Withdrawal Amount
Enter the desired amount to take money out of your Stockity account. Make sure the amount stays within your available balance and takes into account any potential fees associated with the withdrawal type.
Step 6: Choose the Withdrawal Method
Typically, Stockity offers several withdrawal choices. Choose the option that works best for you, then click to proceed.
Step 7: Enter the wallet address and choose Network to receive funds
Copy your deposit address from the external app and input that address to retrieve the money.
Step 8: Monitor Withdrawal Status
After submitting your withdrawal request, keep an eye on your account to learn more about its status. Stockity will notify you or provide updates regarding the processing, approval, or completion of your withdrawal.
Attention: It usually takes payment providers up to 1 hour to credit funds to your e-wallet. In rare cases, this period may be extended to 7 business days due to national holidays, your payment provider’s policy, etc.
Withdraw using Internet Banking on Stockity
Step 1: Access Your Account’s Dashboard
After logging in, navigate to your account dashboard. After logging in, this is usually your main landing page, which gives a summary of all the financial transactions associated with your account.
Step 2: Verify Your Identity
Security is Stockity’s primary priority. To process a withdrawal, you may need to produce identification. This could include supplying more information, answering security questions, or completing a multi-factor authentication process.
Step 3: Go to the section on withdrawals
Click on your profile picture in the top right corner of the screen and choose the “Cashier” tab in the menu. Then click the “Withdraw funds” tab.
Step 4: Choose the Withdrawal Amount
Enter the desired amount to take money out of your Stockity account. Make sure the amount stays within your available balance and takes into account any potential fees associated with the withdrawal type.
Step 5: Choose the Withdrawal Method
In addition to the cryptocurrency withdrawal method, you have the option of using another one. If something goes wrong, you can easily switch your withdrawal method. Here, we select to withdraw money using Internet Banking.
Step 6: Choose your Bank Name, and enter the Bank account holder and Bank account number to receive funds
Copy your information account on the Internet Banking app and input the requested withdrawal on Stockity to obtain money. Then, click "Request withdrawal".
Step 7: Check the Status of Withdrawal
After submitting your withdrawal request, monitor your account for updates on its status. When your withdrawal is processed, approved, or completed, Stockity will notify you or provide an update.
How long does it take to process the withdrawal on Stockity?
The procedure of initiating a withdrawal of funds involves three steps:
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After we authorize your withdrawal request, the payment service provider receives it.
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The withdrawal is subsequently processed by the payment service provider.
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Finally, you receive the money.
Note: Payment service providers may take anywhere from a few minutes up to three business days to deposit the funds into your account. Occasionally, due to circumstances such as public holidays, the payment provider’s policies, and so on, it can take up to a week.
Approval time
A withdrawal request is tagged as "Approving" or "Pending" (in some mobile app versions) after it is submitted. We make every effort to grant withdrawal requests as soon as possible. The "Transaction History" section will tell you how long this process will take, based on your status.
1. Select the "Cashier" tab from the menu by clicking on your profile image in the upper right corner of the screen. Next, select the tab labeled "Transaction history".Users of mobile apps should select the "Balance" area by opening the left-side menu.
2. Click on your withdrawal. The approval period for your transaction will be indicated.
If your withdrawal request is taking longer than usual to get approved, please reach out to us by clicking on the "Waiting for more than N days?" link (or the "Contact support" button for those using the mobile app). We will strive to resolve the issue and expedite the process.
Processing duration
Once your transaction has been approved by us, it’s passed onto the payment provider for further processing and is marked as "Processing" or "Approved" in some versions of the mobile app.
Every payment provider has its own unique processing duration. To get details about the average processing time (which applies in most cases) and the maximum processing time (applicable in a few cases), click on your deposit in the "Transaction History" section.
Minimum withdrawal on Stockity
Before initiating any cash withdrawals from your brokerage account, you must consider the minimum withdrawal requirement. Certain brokers impose restrictions that prevent traders from withdrawing less than this minimal amount.
The minimum withdrawal limit is set at $10/€10 or an equivalent amount in your account currency.
Maximum withdrawal on Stockity
As for the maximum withdrawal amounts:
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Per day: You can withdraw up to $3,000/€3,000, or an equivalent amount in your account currency.
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Per week: The maximum withdrawal limit is $10,000/€10,000, or an equivalent amount in your account currency.
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Per month: You can withdraw a maximum of $40,000/€40,000, or an equivalent amount in your account currency.
Please note that these limits may slightly differ based on specific payment providers in certain cases.
Frequently Asked Questions
What are the options for withdrawing funds?
You can withdraw with the same method you used for topping up your account. The list of the available options may be found in the "Withdraw funds" section on the platform.
Is it possible to withdraw in my local currency?
Upon registration, you establish your account’s currency, which can either be the dollar ($), euro (€), or your native country’s currency. Your trading activities, deposits, and withdrawals will all be conducted in this chosen currency.
If the currency of your selected payment method is different from the currency of your Stockity account, your funds will be automatically converted. The exchange rate for this conversion is determined by the current market rate.
What document should I provide for withdrawal?
You must successfully finish the account verification process before you may withdraw money.
After completing the necessary document upload, you will have to wait for our experts to review the materials.
Are there any charges or fees for withdrawing funds?
Normally, we do not impose any fees or commissions for withdrawals.
However, in exceptional circumstances, payment service providers may apply a conversion commission if your Stockity account and payment method use different currencies. This commission is covered by Stockity and will be automatically refunded to your account.
Please be aware that if you deposit funds and subsequently choose to withdraw them without engaging in any trading activity, there is a possibility of incurring a 10% commission.
In conclusion: Smooth Stockity Withdrawal and Trading Procedures
To trade on Stockity’s platform, you must first select assets, then examine market trends and use the user-friendly interface. This allows you to participate in the financial markets and execute trades with confidence.
Stockity lets you trade binary options across several financial markets. If you wish to do this, you must first understand the fundamentals, then use effective methods, and then use suitable risk management techniques. This will allow you to trade with confidence and achieve your objectives on the website.
These are the specific steps you must take to withdraw money from Stockity. This will allow you to access your funds conveniently and securely as per your needs. Always choose a trustworthy, secure method to access your Stockity account, and keep yourself updated on any changes to the withdrawal procedure.
