What is Forex?
Forex is an international over-the-counter market, where speculations with currency pairs are made. Due to the high liquidity and volatility, trading on the foreign exchange market has become an additional source of income.
Forex trading is a rather popular way of earning. If earlier the currency market was available only to large banks and financial institutions, today everyone can start trading and earning money. To do this, choose a broker, register, open a Forex account and make the first deposit.
For efficient and profitable trading, it is important to choose the right type of trading account. If you are a beginner, you can start with a demo account. Demo-trading is a simulation of real Forex trading, which is intended for practice. Demo account does not require investment, which allows gaining experience in online trading, as well as testing your strategy without any risks.
You can also start with Cent accounts. Unlike other accounts, the balance on this trading account is displayed in cents.
There are various types of accounts on Forex. Trading accounts can differ depending on the e xecution method, margin requirements, initial deposit, spreads, leverage, pricing format.
What to consider while trading on Forex?
Before opening a trading position, it is necessary to analyze the situation on the market. Analytics is an important aspect of trading. You can analyze the market yourself. If you are not confident in your abilities or just starting to get acquainted with the currency market, you can use analytics from JustForex.
JustForex publishes daily market overview and technical analysis, where you can get all the necessary information.
A reliable broker is a key to success
JustForex is one of the leading forex brokers in the world, which provides financial services of the highest quality. Forex broker combines high level of security, privacy and reliability of provided services with attractive trading conditions for easy start in forex trading. The company is focused on long-term relationships with traders and partners.
To start trading with JustForex, just open an account on the official website. Then download a trading terminal. JustForex offers its clients a certified platform MetaTrader 4, developed by MetaQuotes SoftWare Corp. There are desktop, mobile and web-based versions of the terminal that provide easy access, comfortable trading and constant monitoring of transactions. You can download it for free here.
When the terminal is downloaded, you can start virtual trading on any types of JustForex accounts: Cent, Mini, Standard or ECN Zero. Or open a real cent account and start trading with a small deposit. This type of account doesn’t require certain sum of minimum deposit, you can choose the most convenient for you.
If you have some questions, JustForex support is ready to help you 24/7. The support is available via live chat on the website, phone or email [email protected]