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FREQUENTLY ASKED

Check out the answers to the frequently asked questions given to us by our traders.

General

Can you Trade on my Behalf?

We cannot but we offer a wide range of tools and market reports so that you can make right decisions.

How can I contact you?

Just click the "Contact Us" button and choose the most convenient way to connect with our Customer Support specialists.

Are there any advantages of trading with a regulated broker?

Trading with regulated provider has many benefits. And one of them is that you can be sure that your interests are fully protected by strict regulations and rules of the company, operating in a regulated area.

What to do if I can't log in or system says my password is incorrect?

Make sure your login details are valid. Still can't log in? Use the newest browser version & then "clear cache and cookies". Click on "Forgot Password" in case that happens & follow the steps. Make sure that you are using the correct email address & get in touch with Customer Support for extra assistance.

What is the Future Rollover and how does it affect me?

CFDs are linked to an underlying asset (a Future contract) that has an expiration Date. Most of the instruments we offer, which are based on a futures contract, have a rollover date. CFDs are rolled over to the next underlying Future contract. This is known as the Future Rollover. If there is any price difference between the two Future Contracts, an adjustment would be credited or debited from the balance of your trading account, and would show up in the UnicaFin WebTrader platform under the ‘rollover adjustment’ column and/or the MT5 trading platform as a “correction transaction” in your trading account statement. If you do not want to incur the price adjustment or any implication of the Future Rollover, you can close your position(s) and/or cancel your orders before the rollover date and open a new position afterwards.

Investing

What is Stock Investing?

Stock investing is when you buy selected stocks to earn dividends or plan to make profit from price fluctuations. There are more than 5k companies with their stocks listed on 10 world's largest exchanges - just choose whose shares to buy and hold them as long as you wish.

How can I get stock dividents paid?

You don't have to worry about getting dividend payments into your account - we'll pay them every time the companies you own stocks in share earnings.

What are the advantages of Stock Investing?

You can invest in stocks as a hedging strategy to protect your money from the effects of rising inflation. You can also invest in stocks to take advantage of economic growth – if an economy is improving, you might find that companies from that economy also grow.

Can I invest in Stocks in the short term?

Yes, you can speculate on real shares in the short term. Alternatively, you can consider stock trading, a more speculative form of investing often used with derivative products like CFDs.

How to Start Trading?

Open a live investing account with UnicaFin. Fill in a simple application form and create an investing account to start buying stocks in minutes. Make a deposit. To trade with a live account, it is necessary to deposit funds. You can do this from the platform by clicking on the "Add funds" button. Decide which stocks to invest in - you can choose from over 5000 international stocks from 10 major world exchanges with a click of a button.

What moves the price of Stocks?

Earnings Reports — Financial reports are being published by companies on quarterly basis. Stock prices are usually increasing due to positive financial results and are likely to decrease following negative ones. Big economic indicators — Stock prices fluctuations can be caused by the data in regular companies reports or by macroeconomic indicators like GDP (Gross Domestic Product) - positive changes lead to price increase and vise versa. Public opinion — Demand for certain stocks is heavily impacted by the opinion of different market participants and wider audience. Interest rates — Low interest rates can make people start looking into the possibilities of stock investing in order to earn more than banks offer.

What are the most popular Stock Investing Strategies?

Value investing — This is Warren Buffett investing style which he utilized from the very beginning of his trading activities in 1950s. There are many reasons why value stocks are so cheap: ecomonic difficulties faced by certain companies, problems with regulatory bodies or legal issues. But after these companies recover, their investors benefit in the future. Such investments made Buffett rich as the companies he invested in, have overperformed in the market in the long run. Income investing — Income investing means selecting those investments that can deliver a steady stream of income over a certain period. These stocks pay dividend yields higher than the average yield of S&P stocks or other big US index. Historically, half the return on stocks has come from dividends. For that reason, stocks with high dividends tend to be the better performers over the long term. The high dividend yield is indicative of a company with strong fundamentals. Many investors are looking for the combination of growth and income that high dividend stocks provide. High dividend stocks typically offer at least some downside protection during market declines. That is when investors realize the virtues of stocks that also produce income. Though they aren't always top performers in the short run, they tend to be some of the best stocks to own long-term. Growth investing — These are stocks of companies that are growing faster than companies in the general stock market and even faster than their competitors. Most don't pay dividends, preferring to reinvest earnings to generate more growth. The return on growth stocks is in their rising stock price over the long term. While they have strong potential for price growth, they can also be highly volatile. Though they usually lead the market during bull market runs, they often take the biggest hits in market declines. Still, growth stocks are among the best type to hold for a long-term return.

Can I grow rich by investing in Stocks?

Buying company shares makes trader feel being part of it's success, and success means profit. But traders should always do their own research and be cautions when making investments.

Are there any Stock Investing tips for the low-bank beginners?

Of course! Regularly invest a fixed amount of money despite the price changes of chosen stocks. It will help you to grow an investing discipline and increase the trading efficiency, which ultimately will reduce stress and prevent overspending.

Account Opening

What I need to do to open account in UnicaFin?

2 minutes of your time! Open UnicaFin website, sign up and embark on your trading journey!

What is Appropriateness Test and why I need to pass it to register?

An appropriateness test is a series of multiple-choice questions used to determine whether you understand the risks involved in trading specific stocks. The test will assess your financial experience and knowledge.

Can I edit my account details?

All changes to personal data can be done by contacting us and providing sufficient explanations for such changes along with actual information (marriage status change, new name or address). After the review we will proceed with your request according to our obligations and regulatory requirements.

Withdrawals

Are there any fees charged by UnicaFin?

There will be a conversion fee if you request withdrawal in currency that differs from your account's default trading currency. For more details please check our Charges & Fees page.

How long the withdrawal request is being processed?

Company's Finance Department processes all withdrawal requests within one business day.

How long does it take to withdraw the money?

Usually it takes us one business day to process the transaction after you make a request to withdraw funds. You receive the funds during 3-7 business days period (based on your initial deposit payment method).

Are there any deposit fees that I should pay to UnicaFin?

The answer is a firm "No"! But you pay a conversion fee/charges when depositing your investing account with a currency different from the default account currency. Additionally, you will pay all the taxes or fees that are related to your transactions processing.

Are there any withdrawal or deposit fees?

You don't pay to UnicaFin for depositing or withdrawal of funds. But there may be bank conversion fee (comission, charges or taxes) for depositing your account with the currency different from your default account currency.