ACCOUNT PREFERENCES

thumb-0fd6b1870b8de5e3ec37e14d4ecf3981_1497467561_49_600x338

Minimum Account Deposit

The minimum account deposit is important for all traders. Forex beginners don’t want to risk much money before understanding what is really going on in the Forex market. Furthermore advanced Forex traders may wish to deposit only a few hundred bucks in a Forex Broker in order to test its real trading conditions. If they are happy they usually deposit more funds. Therefore the minimum account requirements are important for all traders.

Micro Account Type

A micro account is an account type for beginners who wish to trade Forex in much smaller increments than advanced and professional Forex traders. A micro lot is equal to 1,000 units of a base currency compared with the 100,000 units of a standard account. That means less risk and less trading cost for Forex beginners and it is an important feature for them.

Demo / Practice Account

All Forex brokers nowadays offer a free demo / practice account. A demo account is very useful to test the trading platform and the trading conditions of any Forex broker prior to opening a Real Account. This is important as you save a lot of time but also you may save some money too. Even if you have open and fund a Real Account you may use the Demo Account as a pilot of your trades. For example if you open 1 lot on USD/TRY which is offered usually in very expensive spreads, a Demo can help you calculate your trading cost before opening this position on your real account.

Latest Comment

  1. Commented by: RichardApers

    The hunt for extraterrestrial life has taken a step forward with a new discovery by NASA. heat — and an El World records 529th straight month of above-average heat — and an El Nino is brewing

  2. Commented by: HowardFit

    Однако, не everyone websites могут предоставить maximum удобство и abandon в данном процессе. Можете could you recommend надежный website, где можно is there a place to find необходимые товары
    admittance к acquisition goods
    ссылка на kraken darknet

  3. Commented by: Lucianolax

    http://edmeds.pro/# ed meds online without doctor prescription

  4. Commented by: Charleskic

    https://pharmst.pro/# canadapharmacyonline com

1 2,808 2,809 2,810 2,811 2,812 2,867

Latest Comment

Your email address will not be published. Required fields are marked *