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Monday, May 27, 2019

How to Create Forex Trading Account


Lesson No - 4

In this lesson we will learn how to create Forex Trading Account?

First of all we must know that there are how many types of forex accounts.  So friends there are mainly three types of forex trading accounts:
  1. Demo Accounts
  2. Bonus Accounts
  3. Real / Live Accounts

Demo Accounts are aimed to provide training to new traders without any possibility of lose in trades.  These accounts of virtual money and provides opportunity to the traders to start trading and do experiments and learn new things. Creating demo account is very simple, whenever you download MT4, MT5 trading platform you will got a demo account with it, but it is not by default opened then you can create it  In next lesson we will discuss details about how to create account in practical.  In the meanwhile you can download MT4 software and install it on your system.


How Much Capital Required to Start Forex Trading?

Lesson No - 3

It is an important question that how much capital is required to start forex trading?.  To be very frank there is not limit of capital required for forex trading even you can start with 1 dollar and even there are brokers those who are offering to start forex trading without any capital.  They ask you to contribute on their forums and earn some bonus and start trading.  But to be very true starting trade from 1 dollar or even by less than 100 dollars or with bonuses it is very difficult to survive in a very large forex market.  If you have very little capital you will have to work very very hard and to wait for a long time to gain some good profit.  MT5 forum is good to start contributing and earning good bonuses to start forex trading.  You can signup by clicking on banner below of on the link SIGN UP and earn bonus.

Forex Forum | Forex Trading Forums | MT5 Forum

But if you are really short of capital and want to start your forex trading business then you can signup for these forums and can earn bonuses for starting your forex trading business:


So in next lesson we will learn how to create an account for forex trading account?