Reymount online guide has been created to help the existing as well as new
online traders in solving online trading obstacles. Reading this guide, the
users can have solutions for any online trade related bottlenecks. This guide
addresses problems from stage of downloading a demo set-up, opening a trading
account, till closing a trading session. A careful approach and close
monitoring in downloading and persuasion of these instructions is appreciated.
Entry into www.reymount.com provides information on modern online trading
platform and a click on Help Manual takes the users to the following
instructions which can be considered for assistance while trading online.
1). How to register for online demo trading?
Click the 30day trial button in the home page of www.reymount.com. and fill up
the form subsequently available to get User Name and Password in your e-mail.
2). What can be done using the user ID and password?
Using the User ID and Password client can do trading on the Forex/Futures/Stock
Market and also use the password to login on the website.
3). How to download the SET UP for Reymount Demo trading?
The software can be downloaded by logging in to LOGINLIVE or LOGINDEMO section
on the website.
4). What are the system requirements to Install reymount?
Recommended system requirements:
a) Processing speed of 400Mhz or higher
b) Monitor resolution set at 1024x768
c) Windows 98SE/ME/2000/XP
d) 128MB of RAM for Windows 98SE/ME; 256MB of RAM for Windows 2000/XP
e) Internet Explorer v6.0
f) An Internet connection of 56Kbps or higher
Minimum System requirements
a) Processing speed of 200Mhz or higher
b) Monitor resolution set at 800 x 600
c) Windows 95 OSR2/98/ME/2000/NT/XP
d) 96MB of RAM
e) Internet Explorer 5.x or higher
f) An Internet connection of 33.6Kbps
5). How do I install the demo software?
First Time Installation Instructions
To install Reymount's trading system on your computer, please follow the
step-by-step instructions as listed below.
Step 1:
Download the Setup file from the web link provided to you through email ( upon
registration) or from our website.
Step 2:
Double click on the setup file from its downloaded location. Proceed by
clicking the 'OK' button till the installation has been completed.
Step 3:
Once you have successfully installed the NetTrader and its Uninstall file will
be available in the START > PROGRAMS menu.
|
Internet Connection Speed
|
Average download time *
|
| 28.8K |
20 min.
|
| 56K
|
10 min. |
| 128K ISDN |
6 min. |
| Broadband(T1, DSL, cable modem, etc.) |
1-2 min. |
*These times are approximate. Individual installation times may vary due to
line conditions and local usage factors
6). Can reymout demo be accessed after downloading the setup?
Yes. Once the set up requirements and system specifications matched and the set
up process is completed the reymount icon can be clicked for a demo trading.
Continuing the click, a new trading window will open.
7). What is new trading window?
This window is the main and important trading page for entire online demo
trading. This page consist of three sections such as Price grid, Price Position
grid, and Statement page.
8). What is price grid?
Price grid is the section which is in a tabular form listing items in the first
column and other trade happenings such as Last, High, Low, Open, Close, and
Change in the subsequent columns.
Symbol: Under this column, you would find the list of Tradable items say 40 in
number.
Last price: The most recent price lastly traded.
High: The highest traded price in the market
Low: The lowest traded price in the market.
Time: (GMT) traded time.
Bid: The price in which you sell.
Ask: The price in which you buy.
By double clicking on the BID / ASK column against a respective item (say AUD),
you will get the current market price of the item AUD. This rate will be
displayed in the Market-Orders Window.
9). What is Market-Orders?
The Market Order allows to place BUY or SELL order for currently tradable
items. To select the price, go to the price grid window and double click on the
BID or ASK column against a currency that is to be traded. Example: Bid AUD
0.6710
10). What can I do in Market Orders Selection?
In Market-Orders, a click on the BID/ASK price of an item in the price grid,
would display BID/ASK price highlighted in BUY/SELL button in the Market-Orders
section. These buttons (BUY and SELL) confirm the prices of the item, be it
SELL or BUY, whichever is selected for trading from the price grid. "Qty" means
the number of lot(s) that you wish to trade. 100000 AUD/$ means the face value
or contract size for the item AUD. This face value differs from item to item.
11). What is Market-Orders Positioning?
This shows that your above price selection is waiting for confirmation.
12). Can I cancel the Market Order?
No, market orders will be cancelled only by the system if the requested price
is not currently available in the market.
13). When Market-Orders is Confirmed?
The Market-Orders will be confirmed after when the price you clicked BUY / SELL
available the market.
14). What is Offset Order - Alert?
The Offset Order Alert is the section that appears if only you have an opposite
position that already exists in your open orders. To understand this point
better, look at the following example. You take a position, as Sell AUD, and if
you get the Market Order Confirmed window, it means that you already have a BUY
AUD and reminds you if you need to OFFSET the position that you have, prior to
this position, taken in your trading.
15). What is Offset Window?
The top of the Offset section shows the order, which you have currently placed.
To offset a position, you have to have two opposite positions. I.e., a BUY and
a SELL. We are discussing about OFFSET in detail in the particular and later
part of this guide.
16). What is Contingent Order?
The Contingent-Orders section allows you to place LIMIT / STOP order which
would be executed by the market when the requested price is reached.
Type: LIMIT / STOP.
LIMIT: Limit is selected to book a PROFIT where you expect the price to go up.
STOP: Stop can be selected to cut the LOSS where you expect the price to come
down.
17). What is Contingent Order Type selection?
The Contingent-Order Type selection allows you to select the tradable lots for
the STOP /LIMIT positions. GTF (Good Till Friday) option allows the orders to
be valid till Friday market closing, until cancelled or executed.
After choosing the type either STOP or LIMIT in the Contingent Order window,
you can leisurely and safely wait till the particular price (you have
preferred) level is reached. This is something like a safety guard against any
market eventuality and reduces your risk in both (profit or loss) ways.
18). What is Contingent Order - Continue?
The Contingent Order Continue window waits for your confirmation to execute the
position (LIMIT / STOP) that you have preferred. This confirms the order with
your acceptance and market availability as follows.
19). What is Contingent Order Waiting?
Based on the type of position LIMIT / STOP that you have taken, the Contingent
Order Waiting window waits for the confirmation exhibiting the particular
position (LIMIT / STOP) order.
20). What is Contingent Order Confirmation?
The Contingent order confirmation section totally assures the confirmation of
LIMIT / STOP point of your Market-Orders (BUY / SELL) which will automatically
be executed once the said LIMIT / STOP position is reached.
21). What is Contingent Order-Price selection?
The alert window appears if either BUY / SELL button is clicked without any
price selection to LIMIT / STOP. It means you have to select either LIMIT or
STOP position in this section. Else you would get the alert message.
22). What is Contingent Order / GTF?
GTF means Good Till Friday. When you opt for GTF choice this section will
appear. GTF orders as explained earlier, is valid till Friday market closing,
until the orders are cancelled or executed. After Friday market close, your
positions will be treated afresh. Click OK button on the window to proceed
further.
23). What is Get Quote?
Get quote will provide you the dealer-quoted price for the selected item and it
should be used only when the market price for that item is not available.
24). What is Get Quote-Item List?
To get the market price of the items, the Get Quotes window allows you to
select the market price of the items with its quantity listed in the drop-down
menu. Click the Get Quote button to proceed further.
25).What is Get Quote Confirmation - Waiting?
The Get quote confirmation waiting window will be displayed after you have
selected an item with quantity for a quote which has to be confirmed.
26). What is Get Quote - Price Confirmed?
This confirms your quote(s) for the item that you have selected for and click
either "BUY" or "SELL" to confirm your interest in the prices. After this, you
get the Get Quote Market Order section.
27). What is Get Quote - Market Order?
The prices provided by dealers are valid for the period for 20 seconds, after
which, it becomes INVALID.
28). What is Get Quote - Confirmation?
The Get Quote confirmation window shows the confirmation of the price, which
you have clicked in the Get quote confirmation waiting section.This keeps you
in a new trading position.
Account - Summary:
Account No: Assigned to you by REYMOUNT.
Account Name: Account name would be what you have registered in the form.
Balance: Current balance shows the available balance in your account.
Floating: Profit or loss of your open orders subject to market prices.
Equity: Balance of your account if you offset all your open position at this
moment.
Storage: Charges incurred by, the open positions which are kept open for more
than 48 hours.
Margin Required: It is the minimal margin required to hold your open position
in the market.
Free Margin: The amount available for you to take more position.
29). What is Account Profile?
Account Profile window stores your personal informations like name, address,
contact numbers, mail address, etc.
30). What is Account Open?
Account open window shows the list of open orders that are currently in trading
position taken by you will be shown in this window.
31). What is Account Offset?
To offset a transaction, click the number under the column Tkt No. Transaction
implies two opposite positions, Offset is closing a BUY order against a SELL
order. If you do not have an OFFSET position, you get the Offset No Position
section. If you have an offset position, you get the Offset section.
32). What is Offset - No Position?
When you click an item in the list of Offset Position window, where you do not
have an OFFSET position this window will be displayed. It means that you have
to have both BUY and SELL positions on the same item to OFFSET the desired
position.
33). What is Offset Window?
The Offset window allows you to select the number of transactions you want to
OFFSET, Inorder to offset, go to "Select" column and select a number you want
to OFFSET from the drop-down menu.
34). What is Offset - Selection?
Offset selection is the number of lot(s) OFFSETTABLE from "Select" column and
press "OFFSET" button.
35). What is Offset Selection - Confirmation?
This confirms your OFFSET position chosen from "Select" column in the Offset
Selection window. Now click "Yes" to Continue OFFSETTING.
36). What is Offset - Final Confirmation?
This confirms that your position is in OFFSET and moved to "Settled" orders.
Offset - Alert: If you directly click the OFFSET button, without selecting the
quantity of lot(s), you would get the an alert. Therefore, you must select a
number on the select column to proceed with offsetting.
37). What is Offset-Alert?
This Offset alert confirms your "YES" or "NO" to cancel offset position.
38). What is Account - Settled?
Account settled section shows the number of transactions, which you have
settled so far.
39). What is Accounts -Contingent?
Account contingent section shows the number of contingent orders you have taken
and which is waiting for confirmation.
40). What is Statement?
This statement comprises of five sections such as summary, financial summary,
portfolio holdings, transaction details, and pending orders.
Statement - Summary:
Total Value: Equity plus security or bond.
Net Profit or loss: Actual incurred during the day.
Net equity: Equity for the day.
Available cash: Account balance.
Security / bond: The bond or security value.
Last statement value: Account balance in last statement.
In the bottom strip of the statement, you will find, Drop-down menu showing
date, month, and year of transactions.
Click the button "Press" to view the statement and again click the button
"Print" for printing the statement and click "Cancel", to cancel the action of
the window.
41). What is Statement - Financial Summary?
Opening Balance: Balance at the start of the trading day.
Amount credited: New deposit amount.
Interest charges: Interest incurred from security or bond.
Miscellaneous: Amount credited or debited through bank charges and adjustments.
Closing balance: The balance at the end of the day.
Interest received: The storage interest received from open orders.
Profit or loss: The profit or loss incurred during today's transaction.
Margin interest paid: Storage paid for the open orders
Commission: The commission deducted for completed transactions.
Total: Total of interest received, p/l, Margin, Interest paid and commission.
Margin: Margin amount required holding all Open positions.
Net cash balance: The current equity value of the account.
Available Cash: The balance in your account.
Portfolio composition: The profit or loss you made on each instrument under all
open portfolio.
42). What is Statement - Portfolio Holding?
The Statement portfolio holding section shows the open positions that are under
your trading portfolio.
43). What is Statement - Transaction details?
The Statement - Transaction section gives a detailed account of all your
current day transaction on instruments under your portfolio.
44). What is Statement - Pending orders?
This section gives a detailed report of all the pending contingent orders under
your portfolio.
45). What is Deposit - Summary?
The summary of all deposits and withdrawals carried out in your trading account
is avaialble here.
46). What is Deposit - Deposit?
Deposit section shows your bank transaction and financial transfers related to
trading account details such as the name of bank, amount, and date.
47). What is Financial Statement?
The Financial statement gives a detail report of your financial statu till
date.
48). What is Request Confirmation?
Request confirmation is a provision which confirms your request for any
transactions. .
49). What is Wrong Entry Alert?
Wrong entry alert appears, if you do not enter proper information in the
deposit request window. To avoid this, you must fill valid information in this
page.
50). What is Deposit - Withdrawal?
To withdraw money from your account, use the Deposit - Withdrawal section,and
type the amount in the box "Amount To Withdraw" and the amount should be less
than or equal to the free margin. Then press "Send Request".
51). What is Withdrawal Wrong Entry Alert?
This message will be displayed whenever the withdrawal amount which is more
than the Free-Margin. To avoid this, always enter the amount which is less than
or equal to the Free Margin.
52). What is Withdrawal Request Alert?
This alert reminds to enter valid number as well as eligible balance to
withdraw from trading account.
53). What is Order Details - Market order?
The market order section gives information on Order No, Date of Trading,
Validation date, Symbols of the items, Price and commissions paid.
54). What is Order Details - Confirmed Contingent Orders?
This shows that Confirmed Contingent Orders taken for position are available in
this section.
55). What is Order Details - Cancelled Orders?
A list of entire Cancelled Contingent and Market orders are displayed in this
section.
56). What is News & Charts?
The News & Charts section gives you access to Online news and charts about the
market. This section gives live news and charts.
57). What is News window?
Latest informations about the Forex market at any time is provided in this
section. News links to other sites are also available. By clicking these links
you can get the latest and updated news around-the-clock.
58). What is Chart?
Charts are nothing but the movement of currencies in the forex market over a
period. With the help of Technical Charts the market movement can be measured
and based on these analyses, trading positions are considered.
59). What is Mail Compose?
The mail compose option allows to send mails.The mail button functions like a
typical internet mail account. "Subject" can be a word that precisely conveys
an idea of your communication. In "To" column, choose one of the people from
the drop-down menu.Type the message that you want to send, in the center space
and click the "Send" button to pass the message.
60). What is Mail - Inbox?
Inbox shows the mails received.
61). What is Mail - Received?
This option shows information like who sent it, date, subject and time. Click
"Reply" to answer the mail. Click "Delete", if you want to delete the mail and
press "Close", to close the mail box.
62). What is Mail Sent items?
A list of mails, which is sent by you.
63). What is Mail - Draft?
This shows the mail(s) drafted and they can be sent later if need be.
64). What is Mail Sent Items / Draft Items Detail?
Be it sent or draft items, click the name under "To", to get the Mail Draft
page with full details such as From, To, Date, etc.
65). What is Mail Notice?
A list of mails about your account status posted by t Inbox shows the mails
received. he company or dealing division of the company.
66). What is Mail Alerts?
It shows the messages sent to you by the dealing department regarding market or
system changes.
67). What is Symbols?
Different symbols are assigned to different currencies. For (e.g) AUD-for
Australian Dollar, CHF- for Swiss Francs. The symbols section gives a list of
all tradable items, list of preferred tradable items and Search engine are
available to provide full information about the item (face value, margin
required, interest charges on buy or sell, and currently traded price) etc..
68). What is Chat?
Chat option is available to the clients to interact with dealers, managers,
accounts executive, support staff in case of eventuality. In demo you can
initiate chat function by clicking one of those buttons and press "Enter to
Chat" or "Chat with Broker". You get the status of those whom you clicked
whether they are online or not.
69). What is Chat Alert?
When you enter into chat and if you do not find a counterpart: (i.e) dealer,
managers, or brokers online a chat alert is popped up.
70). What is AE(Accounts Executive) profile?
AE - Account Executive is a person who meets, presents, maintains, and supports
clients in trading. AE's details like name, ID, Residential Address, and other
personal information is maintained by the management.
71). What are the AE -Rights?
The AE rights can be limited or changed to one of the following
1.To operate client accounts.
2.To view client accounts, and
3.To block client accounts.
By clients and changes will be confirmed by the dealing department.
72). What does AE-History mean?
The list of all the right changes initiated by the client since opening the
account.
73). What is Settings?
Settings option allows you to edit your personal information. You can change
your Reymount login password, personal password, idle time settings, and equity
stop-loss point.
74). What is Settings Change?
Whenever you change the equity stop /loss value this section appears. This is
just a confirmation window.
75). What is Equity set up error message?
New equity stop loss should not be less than the current equity.
76). What is a Closing Alert?
Whenever the trading window is closed, this alert appears to confirm your
selection. When clicked "Yes" the Reymount main window will be closed.
77). What is a Data - Resetting?
This shows resetting of the market for the next trading day. During this
operation, client statements, storage charges, market closing prices are set
and taken back up for next trading session.