Friday, August 2, 2013

The First Steps To Opening A Real Forex Account

It is time to move on to create a real forex account. You used the demo Forex account, you have your strategy and you trading in a disciplined manner. You are also sure that you can finally start making those first steps in the real world of forex trading. A few important questions you might have are which type of account should I choose to begin, with which broker and will I manage to make this work?

There are several kinds of trading accounts to be considered and these vary depending on the amount of money that the forex trader wishes to invest. Aside from the regular account, traders with limited funds may choose to open a mini account. For these accounts, most Forex brokers require only a minimum deposit of $100 to $500. These are real forex accounts, but you can trade in fractions of pips. A standard account will also allow you to trade mini pips, but you are not limited only there. In all cases, you should keep a comfortable margin in the account.

Article Source: http://EzineArticles.com/7840751



Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)