Friday, August 29, 2008
Is is capital intensive to trade forex?
Forex Capital Management requires a minimum deposit of $300 to open a Mini Account and $2000 for a regular account. Your relationship with Forex Capital Management enables you to conduct highly leveraged trades (as much as a 200 to 1 leverage ration in the Mini Account.) You set the degree of leverage that you wish to deploy. Unless otherwise specified, your leverage level is set at the most lenient level required by your account size. Please remember that while this degree of leverage enables you to maximize your profit potential, there is an equally great potential for loss.
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1 comments:
High capital is required to trade in forex. Traders with less risk bearing capability should not trade in currency pairs. As this form of trading is quite risk and a very good market knowledge is required to become successful forex trader. Returns from market can be improved by making use of mcx tips , forex tips with proper levels.
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