THE GOLDEN SUITE

Frequently Asked Questions

Basic forex questions

What is Forex?
FX trading, also known as foreign exchange trading or is the exchange of different currencies on a decentralised global market. It's one of the largest and most liquid financial markets in the world. Forex trading involves the simultaneous buying and selling of the world's currencies on this market.
What is a PIP?
PIP - Point in percentage. PIPS is the unit of measurement to express the change in value between two currencies.

Example if EUR/USD moves from 1.1300 to 1.1301 price has moved 1 pip as the value has increased by 1.

A PIP is usually to the 4th decimal place with the exception of YEN (JPY) currency pairs where we will find the PIP to the 2nd decimal place. The unit we find after the PIP is called a PIPETTE : 10 PIPETTES = 1 PIP.

We disregard the PIPETTE as the value is so small.
What is a broker?
A forex broker is a financial services company that provides traders access to a platform for buying and selling foreign currencies.

Transactions in the forex market are always between a pair of two different currencies.

A forex broker may also known be as a retail forex broker or a currency trading broker.

general questions

What is The Golden Suite?
The Golden Suite is a platform where traders with no experience and even advanced traders from all across the world can communicate and interact with each other 24 hours a day, 7 days a week.

We currently have hundreds of hours of online educational material ready for you to jump into. There is a huge range of different material ranging from our online course, secrets of a pro, video analysis, live streams and so much more.

Through our powerful social media platform you can share your trade ideas and analysis with other Golden Suite members on the social feed. You can also follow your favourite traders so when they upload a trade idea or analysis you are notified through The Golden Suite mobile app.
Do you offer Forex signals?
No. The Golden Suites mission is to help our members trade independently. We believe through our knowledge and experience we have from teaching thousands of traders over 5+years that signals are only a short term fix and do not provide any value to ones teaching. We want you to change your life by learning a life long skill that you can use without relying on "signals".
How much money do I need to start trading?
None. You do not need any capital to start learning how to trade. You can begin your journey on a demo account which uses fake money in the live markets.

This gives you the opportunity to give forex trading a go 100% risk free, to make sure that this is something for you.

We encourage all students not to start with a live trading account if you have lack of experience as we do not want you to lose money, we want you to make money.

MEMBERSHIP Questions

How can I access the Slack live community?
Once you've become a member of The Golden Suite you'll be able to access the Slack live community through your desktop or mobile device.

If you have any trouble trying to access the chatroom then please contact us at support@thegoldensuite.com
How often are the live trading webinars?
We run 3 live webinars a week. Every Mon, Wed & Fri. In these webinars our head trader and founder Ryan runs through all of the potential set ups coming into fruition over the next 2 days. This also gives members the opportunity to speak to Ryan and ask him questions about their trading live on Zoom.
Can I cancel my membership at anytime?
Yes. You can cancel your membership at anytime by visiting your subscription settings in your account. If you take the 7 day free trial and it's not for you, if you cancel before the end of your free trial then you will not be charged.
What happens if I take the 7 day free trial and it's not for me?
No problem. This is exactly why we give you the opportunity to take a free trial so you are 100% risk free when seeing if trading is for you. If it's not for you then you can cancel your subscription in your account settings and you won't be charged.
What payments types do you accept?
We currently accept Visa Debit & MasterCard. If you have trouble starting your subscription then please contact us at support@thegoldensuite.com