automatic forex trading

In equities, margin is usually at least 50%, while the leverage of 50:1 is equivalent to 2%. Other Factors There are a lot of differences between each forex firm and the accounts they offer, so it is important to review each before making a commitment. Each company will offer different levels of services and programs along with fees above and beyond actual trading costs. Also, due to the less regulated nature of the forex market, it is important to go with a reputable company. For more information on what to look for when opening an account, read Wading Into The Currency Market. If you are not ready to open a "real money" account but want to try your hand at forex trading, read Demo Before You Dive In.

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demo forex trading

The first priority is to ensure that your account will be able to cater for the high draw downs and losses that can be expected.

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4000 to protect your winning trade from turning into a losing trade.

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We have separated the companies based on their location, as we have identified four major regions when it comes to forex brokers: United States of America, Europe, Australia and the Rest Of The World.