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, join the official Eaconomy Updates Telegram Channel.
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.
From your smartphone, join the Telegram groups for each Eaconomy product.
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:
Step 1: Go to Telegram and search for "userinfobot"
Step 2: Click on bot and click on /start
Step 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.
Access the Back Office from your smartphone here: https://office2.eaconomy.io/#/Login.
Proceed to the home button (top left) and click on the Crypto tab -> Hercules. Click on the Telegram link and join the group. You should now have access to the Eaconomy Crypto & Hercules NEW telegram group.
Next, click on the Forex tab. Proceed to join the Telegram group for each product listed under the Forex tab: Manara, Point & Figure, Eminus English and Arabic, as well as Ploutos, and RFX if you opted to include add-ons in your pack.
You should now have access to each of the corresponding groups within Telegram: Forex & Manara Training NEW, Manara A.I. Trade Ideas & Sessions NEW; Point & Figure Trading NEW; Eminus Trade Ideas NEW, Eminus Arabic. Additionally, if you included add-ons in your pack, you will have access to the Ploutos-Indices Trading, Ploutos Trade Ideas Only; RFX (Rapid Forex).
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.
*If you are unable to join any of the Telegram groups, reach out to chat support in your back office.
To start trading in the markets, you will need to get set up with a broker. Complete the OspreyFX Broker Setup and 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 5 Fast Start Steps, please proceed to Next Steps below.
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.
Lastly, get the Hercules (Crypto) strategy set up here: http://eaconomycrypto.com/.
*After you have completed each of the above steps, we recommend to continue your learning within the ECA.
**You'll also want to start trading demo (also called paper trading), and be sure to plug into the product Telegram groups for trade ideas, trade alerts, and live trading & 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/
Set up your OspreyFX broker account and get your account KYC Verified.
1a) Click Here then click Sign Up in the top right corner to create your profile. Next, click the link within the verification email from OspreyFX. When prompted, sign-in to your OspreyFX account. Click on the menu icon (3 vertical lines) in the top right corner. Select Settings. Select Account. Enter Phone Number with country code. The country code must be included. If you are in the US, your country code is 1. Click Update and Verify. Select Security. Toggle tab to Enable 2FA via SMS. Enter code when prompted.
1b) From the Dashboard, click on the menu icon (3 vertical lines) in the top right corner. Select Identity Verification. Complete the Identity Verification. After your Identity Verification has been approved, please proceed with setup below.
1c) Next, make sure that you are KYC verified (Identity Verification) in your Crypto wallet account (Cash app, Kucoin, Crypto.com, Coinbase, etc). Being verified will allow you to make Bitcoin transactions. Do not proceed with setup until Idenity Verification has been approved typically within 24 hours.
After you have confirmed that you are verified in both OspreyFX and your crypto wallet, proceed to Step II - Create your OspreyFX MT4 Demo and Get Verified.
To start trading in the forex market, you'll need to first create your OspreyFX MT4 Demo Account.
2a) Click on Accounts. Select OspreyFX MT4 Demo under Account Type. We recommend selecting 500 for account leverage dropdown. For the Balance dropdown we recommend at least $1k-$10k.
2b) Download Metatrader 4 to your pc or mac. From the site's homepage, click on MT4 & Tools. Select MT4 for Windows or for Mac. Install the setup.exe. Next, download MT4 to your smartphone by searching for Metatrader 4 via the App or Google Play store.
2c) After creating your Osprey demo account and downloading MetaTrader in the previous steps, open the MetaTrader 4 web terminal on your computer or the MetaTrader 4 app on your smartphone. Under New Account, select Login to Existing Trade Account. Search Osprey-Demo. Enter the MetaTrader login details from the email that you received when you created your MetaTrader 4 demo account. Your login name is the Account No. Your password is the Trader Password. Toggle the Save Password switch on then click Sign in on the top right corner.
Proceed to Step III - Fund your OspreyFX Live account wallet and Live account setup.
Once you have completed Step 2 and are verified in both OspreyFX and your Crypto wallet, you can now fund your OspreyFX wallet.
3a) In your Crypto wallet (Cash Ap, etc.), purchase the equivalent Bitcoin amount that you would like to fund your live account with plus $20-$25 additional to cover gas (bitcoin processing fees). See this link for instructions on how to convert USD to Bitcoin (BTC) in Cash app.
3b) Fund your OspreyFX account wallet with an amount ranging from $50–$5,000+. To fund your OspreyFX account wallet, login to OspreyFX. From the Dashboard, click on the menu icon (three lines top right), then click on Deposit. For Deposit Type drop-down, select Bitcoin (BTC). From the Select a Wallet dropdown, select BTC-BTC 0.00000000. Input into the Amount in BTC field, the Bitcoin amount that you purchased in your crypto wallet in Step 2 above.
3c) Click the green Redirect me to Payments Page tab. Once you are on the Crypto Depsoits - Bitcoin page, Select Copy address below the QR code and paste the address into the address field of your crypto wallet that you are funding.
Wait about 30 min-1 hour for the Bitcoin transaction to process before proceeding to the next step (Bitcoin processing times may vary at different times).
If needed, see this link on how to fund your OspreyFX wallet using Bitcoin. Also, as a visual aid, we recommend watching the OspreyFX Deposit & Withdraw Methods video.
*Also, to get a better grasp on the following steps, watch the How to Set up OspreyFX Live Account video.
After your OspreyFX account wallet has been funded, proceed to the next step – Step IV to Create and Setup your OspreyFX Live account.
Only after your initial deposit has been made and Step 3 has been completed in its entirety, login to OspreyFX to create your OspreyFX live MetaTrader account.
4a) From the Dashboard, click the menu icon (three vertical lines) in the top right corner. Next, click on Accounts. Select OspreyFX MT4 ECN under Account Type dropdown. Select USD under Select Currency dropdown. We recommend selecting 500 for the Account Leverage dropdown. Click Create Account.
4b) Next, Open the MetaTrader 4 web terminal on your computer or the Metatrader 4 app on your smartphone. Under New Account, select Login to Existing Trade Account. Search and select Osprey-Live. Enter the MetaTrader login details from the email that you received when you created your MetaTrader 4 live account. Osprey-Live will be listed under the Server Name in the email. Your login name is the Account Number. Your password is the Trader Password. Toggle the Save Password, Switch on, then Click Sign in on the top right corner.
4c) Transfer funds from your OspreyFX account wallet to your live MetaTrader account. Click the menu icon (three lines top right) then click Transfer. Select - Wallet to MetaTrader in the Transfer Type dropdown. Select - Your BTC Amount in the Transfer From dropdown. Select the MT4 ECN option under the Transfer To dropdown. Enter the BTC Amount again in the Amount to Transfer field. Click Transfer.
Wait 5-10 minutes for the transfer to complete. Once the transfer is complete, your deposit will reflect in the balance section of your live Metatrader 4 Account which can be used to trade on the forex market.
**If you have a question regarding setting up your account, please reach out in the Q&A Telegram chat or contact OspreyFX by submitting a support ticket.
Next, set up the broker accounts for the other markets below. Proceed to Other Broker Account Setup. After setup has been completed for each broker, or if you are only setting up the forex broker (OspreyFX), proceed to Step 5 of the Fast Start Setup & Onboarding.
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.
If you haven't already set up Hercules, you can do so at this time here: http://eaconomycrypto.com.
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 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.
Watch this video to learn how to set up your OspreyFX live account.
Start trading on the foreign exchange market with OspreyFX.
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.
Find answers to frequently asked questions.
Download Metatrader for your PC or Mac.
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. We recommend OspreyFX as they are a global, lightning fast ECN broker with zero restrictions, deep liquidity, faster execution, tighter spreads with client support. They support fiat currency, crypto, stocks, indices, and commodities forex trading.
View the Getting Started FAQ for a list of commonly asked questions. If you are still in need of assistance, please reach out to OspreyFX.
Watch this video for step by step instructions on how to withdraw from an OspreyFX or PocketOption account. Also, here are the written instructions with screenshots on how to withdraw from PocketOption via Bitcoin.
A forex broker (ex. OspreyFX) 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: OspreyFX. 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: Hercules.
If you reside in any of the countries listed here: OspreyFX Restricted Countries, then you will need to choose a broker allowed in your country. All other countries not included on this list can use OspreyFX as their broker on the foreign exchange (forex) market.
Visit OspreyFX to submit a support ticket.
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.
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