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FOREX question: What is the advantage of having a ’standard’ account over a ‘mini’ account?
this broker offers 200:1 for minis, but 100:1 for standards.
I don’t think I’ll actually try more than about 50:1, but w/e, so is lot size of 100,000 considered and advantage because you don’t have to get bas busy to place orders? There must be a more signoficant reason to differentiate between the two accounts.
Maybe the spread gets better?
Maybe insterest rates are better?
4XTrader… Can I work for you?
Even though I trade fx, the leverage part always kind of baffled me. Leverage determines how much margin you need to put up. For example in a std. account, 1 lot = $100,00, so a leverage of 100:1 in a std. account means $1,000 margin per lot. On a mini a lot is $10,000, so leverage of 200:1 is $50 per lot.
Let’s break it down. Let’s say you
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I need a qualitative a FOREX signal, feeds and review for FOREX trading, how can I get one of the best offer ?
I need a qualitative a FOREX signal, feeds and review for FOREX trading, how can I get one of the best offer ? You should bear in the mind, the timeliness of such signals, trading platforms, quality of signal, reliability etc.
Many thanks
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Visiting another place or country is really exciting especially if you have the money so that you can go shopping, eat in lush restaurants and even sleep in luxurious hotels. However, you need to exchange first your money with the same currency as the place you are going to visit so that you can spend them and they will be accepted in that place. This is what the foreign exchange or the forex market does. Now that the exchange from one currency to another is being accepted in almost every area in the world, you should be more careful whenever this transaction occurs. Now, traders will be able to use new age forex trading software.
If we compare it to manual forex trading, using online software is more advantageous. This is because it provides us with accurate information regarding the currency rates from dollar to pound or even Euro to Yen.
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In the past individual investors had very limited choices for investing their available finances, such as investing in stocks, which are high-risk and may fall behind their value in few minutes without warning. Small financial entrepreneurs had little alternative, they could invest in goods like ores and securities but they had to wait for a long time period before they could obtain any earnings from such ventures.
Today the financial market stays as is except for the forex market, the new rewarding venture that appeals 1000s of small investors. Forex is a real time trading market that involves the purchasing of one currency while selling a different one.
The special attribute of forex real time trading is that you can monitor the market live, without brokerage firm. A real time forex trader can make deals at any moment as the FOREX market works 24/7, which gives investors the chance to make currencies transactions at
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