Simple Steps for a Profitable Trading by Louizos Alexander Louizos - HTML preview

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KEEP ON READING... STEP 1

FIRST OF ALL:Learn the basics of Forex and familiarize yourself with the Forex Trading

 

Environment.

 

If you wish to learn more about the basics of Forex please click here and visit the “Getting

 

Started” section in my site: http://www.easytradeforex.com/category/forex-for-begginers/.

 

order to familiarize yourself with the live Forex Trading Environment you should create a demo
account
. A demo account is an account with a virtual amount of money. If you buy or sell a

 

currency the trade will not get through the market but the demo account will respond to your trade

 

as if you traded for real. This is a great help for your introduction to the live trading environment!

 

Demo accounts are offered by almost all the accredited Forex Brokers for free.

 

Ok, you decided that you should open a demo account. But how should you select a Forex Broker

 

that you could trust? You could see a lot of Forex Brokers out there. Many of them are Forex

 

scams. You wouldn't like to get ripped with your money would you? So take a good look before

 

you choose your Forex Broker. There are some points that you should watch out when searching:

 

Ï Is the Forex Broker Regulated? Are client funds secured and kept separate from
broker's operating Funds?

 

ÏHow tight is the spread? Are there any extra commissions? Is the spread fixed under
all market conditions?

 

Ï What is the minimum account opening balance?

 

Ï What is the margin requirement?

 

Ï Do they offer customer support and/or training offers?

 

Ï Is their trading platform practical and easy to handle? Do they offer automatic
execution?

 

Through all these years of Forex trading and teaching Forex, I concluded to a Forex Broker that

 

fulfills all the above criteria. This is the broker I am also trading for real: www.Forex.com.

 

Forex.com offers tight 3 pip spread under all market conditions. You could open an account from

 

250$ (mini account).It is a strictly regulated Forex broker with safety of your funds. Their trading

 

platform is great, easy to use with technical indicators, live commentary, forex and strategies to help

 

you in your trading. Their customer support is very helpful whether you open an account or decide

 

to withdraw some of your money. I trust this forex company so much that I decided to be an

 

Introducing Broker for them. Feel free to contact me at alouisos@gmail.com if you have any questions about opening a demo or live account in www.Forex.com.