Forex Leverage Leverage involves borrowing a certain amount of the money needed to invest in something. In the case of forex, money is usually borrowed from a broker. Forex trading does offer high leverage in the sense that for an initial margin requirement, a trader can build up—and control—a huge amount of money. What is Leverage Ratio?…
Moreover, How to start trading on forex How to start trading on forex? Many want to make money in the forex market, but few who begin to trade forex want to do the prep work needed to become successful traders. While trading forex has become easier now than ever before because you can trade online via the internet, most novice traders…
Is forex trading profitable? Is forex trading profitable? The short answer is YES, Forex trading is profitable. Trading forex profitably takes time and education. You should come up with a winning strategy, stick to it in a disciplined manner. Moreover, you should maintain the right trading mindset and a bit of luck. The forex…
Is forex legit? The Forex market is a legitimate trading market where the world’s currencies are traded. It is not a scam in itself. Without the Forex market, it would be difficult to trade the currencies needed to buy imports, sell exports, go on holidays or do cross border business. However, with high leverage positions…