Then proceed to the Fast Start Steps below.
From your smartphone, Download the "Telegram" App and create a profile (if you haven't already).
Have your enroller invite you to join our official Elite Legacy Telegram group.
Also, log in to the back office to join the official Eaconomy Updates Telegram Channel from the bottom of the Services Orientation web banner.
Join the Elite Legacy Discord Group via an invite link from your enroller for access to all of our resources.
Join The Eaconomy Results Facebook Group: https://m.facebook.com/groups/beaconomy/?ref=share&mibextid=S66gvF.
First, obtain your User ID in Telegram by following the below steps. Click Here for a visual walkthrough.
How to obtain your User ID in Telegram:
1. Go to Telegram and search for "userinfobot"
2. Click on bot and click on /start
3. You will get basic information along with your ID that is needed.
Once you obtain your ID, copy it into the blank field under Telegram details in your back office & save it.
From your smartphone, join the Telegram groups for each Eaconomy product in the Back office.
Once you are logged into the Back office, follow these steps for joining the Telegram group for each product included within your membership.
After you have joined the Telegram group for each product included in your membership, you are now ready to set up your forex broker.
First, complete the FXChief Broker Setup and then the Other Broker Account Setup at this time. (If you already have a broker, feel free to keep the broker you have.)
Now that you have completed the Broker Setup in Step 4 above, your next step is to complete the Onboarding Product Overview Part 1 & Part 2 which will provide you with a walkthrough of each of the products.
Then watch the brief Forex Copy & Paste Tutorial and Metatrader 4 Tutorial for iPhone or Android.
After you have completed each of the five Fast Start Steps above, please proceed to Next Steps below.
From the Back office complete the following steps to join the Telegram group for each product.
->> Proceed to the home button (top left) and click on the Forex tab. Next, tap on Eminus. Tap the English tab at the top of the page. Scroll to the middle of the screen and tap the blue Telegram link. Join the channel.
->> Return to the back office. Next, tap the Arabic tab at the top of the page. Scroll to the middle of the screen and tap the blue Telegram link. Join the channel.
->> From the Forex tab tap Manara. Towards the top of the screen, select the Manara A.I tab. Scroll to the bottom of the screen and tap the blue Telegram link. Join the channel.
->> Return to the back office and tap on the Forex and Manara tab at the top. Next, tap the blue Telegram link at the bottom of the screen. Join the channel.
->> From the back office, tap “Access Manara Now” in the middle of the screen. Then tap the hamburger menu icon in the top right corner. You will be prompted to create a 6 digit pin. Do so now and jot it down. Keep your pin somewhere safe and secure.
->> Next, tap Notifications top left corner then tap the flashing Telegram Icon in the bottom right corner. You will then be redirected to join the ManaraFX Telegram channel. Join the channel.
->> When you are in the ManaraFX channel, type the word Alerts within the text field; then tap the send arrow. When prompted, type the email associated with your Eaconomy account within the text field; then tap the send arrow.
->> Next, go to the menu in Manara then tap Account to access your 4 digit security token. After typing your token in ManaraFX, you should get a reply that states, “You are successfully subscribed.”
->> Also from Forex, tap on Ploutos or RFX (if you opted to include add-ons in your pack). Scroll to the middle of the screen for each and tap the blue Telegram link. Join the corresponding channels.
->> Next, click on the Stock tab. Click on Eminus Ideas. Click on the Telegram link and join the group. You should now have access to the Eminus Stock Options-NEW group within Telegram.
You should now have access to each of the corresponding groups within Telegram: Forex & Manara Training NEW, Manara A.I. Trade Ideas & Sessions NEW, ManaraFX, Eminus Trade Ideas NEW, Eminus Arabic, and Eminus Stock Options-NEW.
Additionally, if you included add-ons in your pack, you will have access to the Ploutos-Indices Trading, Ploutos Trade Ideas Only and/or RFX (Rapid Forex).
*If you are unable to join any of the Telegram groups, reach out to chat support in your back office.
From within the ECA, proceed to the home button (top left). Scroll down and click on the Stock Options LTS tab. Watch the 2 minute video Welcome to Eaconomy Stock Options. Then proceed to the next video - Intro to Stock Options.
Next, click on the Forex & Manara Training LTS. Select and watch the Intro to Manara Training 11/23/22.
If you have the RFX add-on, click on the RFX Binary Options LTS. Select and watch the RFX Training - Binary Broker Overview video followed by the RFX Training - How to take Telegram Ideas and Trade Alerts video.
*After you have completed the Product Training listed above, we recommend continuing your learning within the ECA for the market(s) of your choice.
**You'll also want to start trading demo (also called paper trading), and be sure to plug into the Telegram groups for trade ideas, trade alerts plus live trading and educational sessions.
Elite Legacy Resources
📌𝘉𝘰𝘰𝘬𝘮𝘢𝘳𝘬 𝘵𝘩𝘦 𝘣𝘦𝘭𝘰𝘸 𝘭𝘪𝘯𝘬𝘴 𝘧𝘰𝘳 𝘧𝘶𝘵𝘶𝘳𝘦 𝘳𝘦𝘧𝘦𝘳𝘦𝘯𝘤𝘦.
▪️Onboarding Center: https://elitelegacy.site for setup, onboarding, tutorials, and more.
▪️Communication Center: Join the Elite Legacy International Community group via “Personal Add” by your Enroller. This is our communication center to help you stay connected, supported, and updated.
▪️Resource Center: Ask your enroller to text you the access link to join the Discord group which has it all–tutorials, tips, glossary, FAQ, videos, etc.
▪️Information Center: https://elitelegacy.info for pre-recorded overview, community info, goals, mission.
Eaconomy Resources
📌𝘉𝘰𝘰𝘬𝘮𝘢𝘳𝘬 𝘵𝘩𝘦 𝘣𝘦𝘭𝘰𝘸 𝘭𝘪𝘯𝘬𝘴 𝘧𝘰𝘳 𝘧𝘶𝘵𝘶𝘳𝘦 𝘳𝘦𝘧𝘦𝘳𝘦𝘯𝘤𝘦.
▪️Back Office – Account info, product access, live training schedule: https://office2.eaconomy.io/#/Login
▪️ECA – On-demand Learning Academy: https://learneca.club
▪️Support – https://eaconomy.tawk.help/
Download Metatrader 4 (MT4) to your smartphone (if you haven't already) by searching for Metatrader 4 in the App or Google Play store.
Next, set up your forex broker. We recommend Forex Chief (FXChief), our preferred broker, which is compatible with all Eaconomy forex products.
Get Forex Chief here. Click Register at the top right and create an account.
After creating an FXChief account, simply follow these steps to create your demo account.
From a mobile browser complete the below steps in chronological order:
- Under My Accounts at the top left corner, tap Open a Demo Account.
- In the Account Currency field, select USD or your country’s currency.
- In the Leverage field, select the leverage you prefer. (We recommend 500 or lower.)
- In the Balance field, type in the preferred balance amount for practicing in your demo account.
- Tap Open Account.
After you have created your demo, check your email for your login info. Keep your login info handy as you will enter it when prompted in the steps below.
Connect Forex Chief Demo to MT4
1. Open the MT4 app and tap the Settings icon in the bottom right corner.
2. Tap New Account.
3. Tap Login to Existing Account.
4. Start typing Forex Chief in the top search bar titled “Enter Company or Server.”
5. Once you see ForexChief-Demo tap it then login with your demo account info from the email that you received from FXChief.
6. Toggle the Save Sign In switch on then tap login.
*Account No. is your login name. Trader Password is your password.
To be able to deposit and open a live account to start trading, you will first need to get verified.
From the FAQs section, tap the dropdown arrow and select Deposit and Withdrawal. Scroll down and select Question 6. Is verification of personal details required? What documents do I need to provide?
You can upload your verification documents in the Verification menu. The verification process typically takes about 24 hours.
Once you are verified, you will be able to deposit funds to your FXChief account wallet to transfer to your live Metatrader account so you can start trading.
Refer to the FAQs section to see the options for adding funds to your FXChief account wallet. From the dropdown menu, select Deposit and Withdrawal.
Select Question 1. What options for deposit and withdrawal do you have?
After you have added funds to your FXChief wallet ($50 minimum), simply complete the following steps to create your live account. Here’s a brief video demonstration to reference if needed.
From a mobile browser complete the below steps in chronological order:
- Under My Accounts at the top left corner, tap Open a Trading Account.
- In the Account Currency field, select USD (or the primary currency of your country if outside the US).
- In the Leverage field, select the leverage you prefer. (We recommend 500 or lower)
- Tap Open Account.
Next, check your email for your login info. Keep the login info handy as you will enter it in Step 7 below.
After you have created your Live FXChief MT4 account to start trading, you must transfer the funds from your FXChief wallet to your Live FXChief MT4 account via the below steps.
- Tap Account.
- Tap Transfer.
- Select Transfer from wallet to ForexChief-Live.
- Tap Transfer to finalize the transfer.
Connect Forex Chief Live to MT4
1. Open MT4 and tap the Settings icon in the bottom right corner.
2. Tap New Account.
3. Tap Login to existing account.
4. Start typing Forex Chief in the top search bar titled “Enter Company or Server.”
5. Once you see ForexChief-Live tap it then login with your live account info from the email you previously received.
6.- Toggle the Save Sign In switch on then tap login.
*Account No. is your login name. Trader Password is your password.
We recommend the PocketOption broker & platform for binary options trading. From the PocketOption site, select Continue Demo Trading at the prompt. Then tap on the menu icon (three lines top left) and Select Registration to set up your live account.
Complete the form and select Sign up. You are now ready to fund your live account. Click the $ at the top right and fund your account with bitcoin using a crypto wallet ie. Cashapp, Crypto.com, Binance.com, etc.
*Download the PocketOption app on your smartphone after initial account setup on your browser.
Set up your crypto wallet account now or use an existing wallet. Most crypto wallets are supported.
If you are looking to open a crypto wallet for the first time or transfer from an existing wallet, we highly recommend the crypto wallet KuCoin. Alternatively, Binance is another option.
Need assistance funding your KuCoin account? See this link for step by step instructions.
*Download the KuCoin app on your smartphone after initial account setup on your browser.
We recommend the broker TD Ameritrade, if you live within the US. Our recommended broker if you live outside of the US: Interactive Brokers. An alternative option is Tastytrade (formerly Tastyworks). For a comparison between Interactive Brokers and Tastytrade, check out this article.
Important Account Setup Tips:
For US traders:
– Applying for a Cash account is highly suggested to avoid pattern day trade rule.
– US: Individual accounts most commonly used.
– Bank wire is the fastest funding and withdrawal method (24-hour turnaround).
– Tier 2 account needs to be selected to ensure you are able to perform calls and puts.
For non-US traders:
– Cash account is highly suggested.
– Tax number is your national insurance number.
– Suffix examples: Jr for Junior, Sr for Senior
After setup has been completed for each broker, proceed to Step 5 of the Fast Start Setup & Onboarding.
Learn the function, how-to's, plus best tips and practices for each product.
Learn the function, how-to's, plus best tips and practices for each product.
Watch this video to learn how to copy & paste trade ideas in MT4.
Learn how to add pairs, navigate the quotes & chart tab, add objects and indicators, and place a trade.
Learn how to add pairs, navigate the quotes & chart tab, add objects and indicators, and place a trade.
Watch this quick, how-to walkthrough for setting up your Forex Chief account.
Watch this video to learn how to place a trade in Pocket Option using RFX.
Learn about the various resources available to you as an affiliate and how to easily navigate the backoffice.
A walkthrough of the setup steps—applicable only if you enrolled with an Elite Pro Pack.
Check out the Frequently Asked Questions below. If you cannot find an answer to your question here, ask it in the Q&A Telegram chat.
No, you are welcome to use the broker of your choice. However, we recommend FXChief as they are a regulated A Book broker with an STP/NDD model, narrow spreads, and high speed trading order execution. FXChief offers the ability to trade currencies, metals, commodities, indices, CFDs and stock CFDs.
A forex broker (ex. FXChief) provides access to allow traders to trade on a trading platform (MetaTrader). All retail traders (referring to you and I) must use a broker to participate in trading on the financial markets.
The broker has a wallet where you deposit funds via Bitcoin for example and convert them into your country's currency ie. USD. These funds can be transferred to your live MetaTrader (MT4) account and can be used for trading. You can transfer funds between your OspreyFX account and MetaTrader account at anytime and there are no fees to perform this action.
Here is our list of recommend brokers for each market plus their corresponding market tools:
Forex: FXChief. Market tools: Eminus, Manara, Ploutos.
Stock Options: TD Ameritrade (within the US). Interactive Brokers or TastyTrade (outside of the US). Market tools: Eminus Stock Options.
OTC Securities – Binary Options: Pocket Option. Market tool: RFX.
Crypto: KuCoin. Market tool: Defiverse.
Chat with a live representative by clicking the flashing icon on the bottom right of their site: forexchief.com or email them at info@forexchief.com.
Please see the Metatrader FAQ for answers to frequently asked Metatrader questions.
Due to regional resticitions, not all currency pairs are supported by PocketOption, but fortunately most are. If an RFX trade idea is called and the currency pair is not available in PocketOption, simply skip that trade idea and take the next one!
The choice is yours. The benefit of taking the bonus is that you can compound your money faster since you have a larger balance with the bonus added. By taking the bonus, you will only be able to withdraw a certain amount from your account balance excluding the bonus amount which is reserved for trading.
Think of your trading account ie. MetaTrader like a bank account but instead of the money just sitting there, you are compounding your money in the markets via trading. Your account can grow daily, weekly, monthly, etc. through trading in the markets.
Many people have a weekly goal such as an 8-10% increase in their account size. Create a trading plan that is reasonable, realistic, and sustainable for you. Trading is a long-term investing strategy and one should never take the gambling approach.
We recommend that you risk no more than 1-2% of your account balance per trade. In forex, this is achieved when selecting a lot size of .01 or .02 in MT4 which is generally considered to be proper risk management.
The minimum recommended funding for Atheina and Xenai is $1,000. Although, technically, you can fund with a lower amount, it's important to set the proper expectation as a lower initial balance would yield smaller profits. If someone understands that and chooses to fund with a lower amount, they are able to do so.
Keep in mind that it is NOT recommended to change the risk settings for either software irregardless of the balance.
Watch this video to learn how to deposit into and withdraw from your OspreyFX live account.
Watch this video to learn how to withdraw from your OspreyFX and PocketOption live account.
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