Start Making Money in Forex from sagasanep's blog

Most brokers will let you trade "the majors" - the currencies with the highest trading volumes, like the US dollar Super Profit Scalper and the Euro. However, many forex traders like to be more speculative and trade pairs of more exotic currencies, like the Israeli shekel. Before you join a broker, make sure you can trade all currency pairs you want. Minimum deposit is an issue for many people when they open a forex trading account. Many brokers require big minimum deposits, sometimes as high as $10,000. 


However, other brokers sometimes require as little as $25 to open a trading account. Forex trading uses leverage which lets you earn big sums of money with little money invested, although it's not recommended to trade forex with little capital. If you are short on cash, make sure your broker will allow you to open an account even with what you have.Beginners and experts, everyone has some technical difficulties when trading the forex market. To make sure you will be able to trade whenever you want, see if the broker supplies sufficient technical support.


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By sagasanep
Added Feb 6 '17, 12:34AM

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