How to start forex

Forex is more and more interesting during the day and now $ 4000000000000 traded on the forex market every day. It is 6 times the $ 700 billion rescue in the U.S. economy, and not to forget is that the volume of sales per day, which is how the forex market is large.

The reason for the currency has become so popular because of the leverage means that a trader to start trading with a capital as low as $ 100 and the control of 100:1 leverage a total of $ 10 000. This is known as leverage.

The other reason is the introduction of the currency broker offering retailers to currency trading FX trading was previously available only to large banks and multinational corporations.

The third reason is that forex trading can be anywhere as long as you have a computer and an Internet connection, or even more convenient to use the phone.

So how can a novice to start on Forex trading?

A novice with the trading begin the following steps:

1st Get a computer with Internet access

The first thing you need is a computer with Internet access. After all, what is forex trading online via the Internet. The speed of the Internet will also be important, in general, the more the better, because some platforms use a lot of bandwidth. But if you have a slow Internet connection, there are many platforms that do not know a lot of bandwidth as well as MT4 MetaTrader 4.

2nd Find a dealer

Finding a Forex broker is thanks to the Internet. The best driver, the MT4 platform have to offer. Many brokers now offer the MT4 platform. MT4 is a standard platform, which, even if it means different agent must learn a new platform again. Tip: Use MT4, because it requires little bandwidth to connect to, so you will not worry if you have high speed Internet or broadband Internet.

3rd Download software trading forex broker

You can manage a trading platform on your website is to download the MT4 platform, of course.

4th Open a demo account

This will open a demo account. This is a report about the practice can be used to practice with virtual money in this way you do not risk the money can be acquired in learning.

5th Knowing the challenges of currency trading and Forex trading strategies.

This is the best game after viewing a demo account to a good website that will teach you trade all topics forex trading is the basis for more complex issues such as leverage, a system of guarantees, trade, price action can, in terms of trade , money management and other topics such as foreign exchange trading strategies. After the show two months and receive benefits on the demo account, then decided to open a real account.

6th Open an account and start trading Forex

At this point, you reach your goal. You can trade the forex trading, profit and claim their share of the $ 4000000000000 daily.

Posted in: Forex,internet,money making