A person who is just starting out in foreign currency trading then he/she will certainly want to start by trying their hand with a mini Forex trading account. Although it varies from one broker to the next, a Forex trading account can normally be opened with $2,500 or more. But for those who are new to the world of currency trading then a Forex mini trading account can often be opened for as little as just $250 only. A mini Forex trading account operates by allowing a person to use leverage in trading so that they are effectively trading with more money than they actually have in their account. The leverage available will vary between brokers, but is typically in the region of 200 to 1.
Showing posts with label TRADING ACCOUNT. Show all posts
Showing posts with label TRADING ACCOUNT. Show all posts
Tuesday, May 11, 2010
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