ekonomi.kosongin.com – The first step after choosing a forex broker is open account forex trading You. Because of all transactions trading forex in modern times, this is carried out via the internet, then You just need to open Your account by visiting the website of the broker.
You only need to take three easy steps to open account forex trading, i.e., choose the type of account trading, registration, and activation of Your account.
Never tired of our Traders Family remind, before You deposit money to start trading forex, make sure before You practice trading using the demo account.
Choose the type of account
When you’re ready to start trading, You can choose the type of account a forex trading where you want to use.
Generally, account forex trading divided in three types based on the lot size. The standard account, mini account, as well as a micro account.
Along with the development and intense competition among the brokers, now most brokers allow You to trade with lot sizes to suit Your needs.
As a result, now more and more novice traders and inexperienced are interested to try trading because of the capital required is not large.
There are also brokers out there that provides options to help You in the time of trading is being done.
But instead of help such as robot trading obtained, but rather You only need to deposit some funds to the broker, and people in the broker there that will do the trading for You.
However, You need a high level of reliability to do this. It would be better if You are running forex trading by own way, so You can find out where the layout mistakes and learn to be a trader who is better again.
Registration
The next step is registration. You have to collect a number of files such as ID card or driver’s license as the documents required for the registration.
The number of documents required to register different from each broker, but almost all of the brokers require You to complete the document like this.
Before registering, make sure You’ve know for sure what the costs will be charged to You. For example, if You decide to use the services of a forex broker from abroad, consider things like the cost of transfer to a foreign bank.
Cost of transfer to a foreign bank are usually very expensive, much different than the cost of transfer between a local bank.
Tutorial Trading Forex For Beginner, Intermediate, and Advanced
Activation after you open the account
After the broker receives all required documentation, You will receive an email from the broker to complete the registration process.
After the registration process is completed, You will receive an email containing the account username, password, as well as instructions on how to deposit funds trading into Your account.
After that, You can download the trading platform of the broker’s website, login using the username and password that has been provided, and You can already start trading forex. Easy, right? But wait a minute!
Traders Family strongly advise You to trading using the demo account before trading, using the money already deposited.
Trading using a real account is different than what is imagined. It’s like You play the fight-beranteman, but fought Mike Tyson. You just would so months.
Take advantage of the demo account feature at will because indeed the forex broker You provide this facility for free.
Practice regularly most up to SIX MONTHS. Even though You’ve been practicing in a demo account for long enough, nothing can replace the sense of tension when You are floating. Don’t forget to use risk management as well as always discipline when trading.
In the following discussion, we will see how to do analysis in forex trading to predict the movement of prices in the market forex.
But previously, we discussed the first yuk platform which is most widely used when trading, namely MetaTrader 4. Click the button below to go to the next article:
