What is forex?
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Foreign exchange deals are transactions relating to the trading of different currencies on the foreign exchange markets. |
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How much funds do I need to get started?
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| The minimum deposit for opening a
standard live account is $2500 and $250 for a mini account. |
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If forex trading is so lucrative, why doesn’t everyone trade?
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Millions of people are currently getting involved in the forex market. Only a few years ago banks and large corporations monopolized the forex market . Today, with the technological developments (particularly the Internet) it has now become possible for individuals such as yourself to become part of this exciting opportunity. |
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How do you make your money?
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We derive our income from the trade spread.
(the difference between the bid and the ask prices).
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Is there a standard procedure for dealing by phone?
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Yes. Once the telephone is answered, have the following information at hand:
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Your account number
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Whether you are buying or selling
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The volume of your order
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The currency you wish to trade
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The price at which you would like to place your order
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The type of order for example limit, stop and/or OCO
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In which currency is my trading account maintained?
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Your account is maintained in US$, GBP, or
Euro. |