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A lot of people have been asking what’s the minimum they can start with to trade and manage risks properly,
So my advice is to open an fxtm cent account, use leverage 1:1000 and fund $50, this will show as (5000 cents), then you trade normally, (e.g 0.01 lot size and 10pips normally will give you $1, but this time, it will give you 1 cent).
This way you can test your skills under proper risk management, while risking a very minute capital.
http://www.forextime.com/register/fxtm-the-global-authority?raf=c67ac4dc
Please, I’ll be glad if you use my link to register
P.s I’ve been using FXTM before using Hotforex, they just have a bit higher spreads than Hotforex, from my opinion they also have a level of credibility
Do your research before jumping in, this is not investment advice
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Hello!
Good day traders and traders to be 😂.
I am delighted to have you here!
A big welcome to all our new members.
This should give you a correct guide on how to get started
1. If you're new to forex trading, you'll need to create your trading account. I recommend hotforex, kindly sign up using this link.
https://www.hotforex.com/?refid=338043
Set your base currency to USD and if you see a space for introducing broker, please type 338043. Then create a Demo account. This would be used to practice before making real money.
If you are based in the U.S Or Canada, kindly use this link to create your own forex account.
https://my.myfxchoice.com/registration/?refer=289567
2. You will need to create a deriv account to trade volatility indices.
Kindly use this link
https://track.deriv.com/_sN-3OV9fMWRBMfcXPt5VjGNd7ZgqdRLk/1/
3. Once you have done the above, you can access the videos of the past webinar using this link. These videos take you from a point of knowing nothing in forex up till a point of being able to trade with a basic strategy on both forex and volatility indices.
https://drive.google.com/open?id=1Tv6OPxTCHeysGCVZhp0JQW-G5vXA7Mv6
4. Practice on your demo, gain mastery, master your psychology, and then you can choose to trade with real money, or proceed to our professional class to learn even more advanced/accurate techniques.
Please don't just leave if you're confused or lost. 😢😢. Send a DM to @basiudoh we have a dedicated instructor for you, who will guide you through, and handhold you on your path to financial freedom
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