technology needed for trading

What You Need to Start Trading Forex

To make decent money by trading forex, all you need is an reliable broker/platform, and a trading strategy with appropriate trading capital. It is recommended to start out with a demo account to practice and develop your skill.

Trading Platform

Many Forex providers offer 4 types of platform: web, download, mobile and app versions.
You need a platform that is robust and efficient enough to provide fast executions, live charts, a wide selection of instruments and competent customer support.

Demo Account

Use a free demo account to test the platform, understand the market movements and to develop a strategy.

Educational Resources

Learn as much as you can with the resources available at your broker’s site. Usually you can find pdf guides, live charts, live market feeds, personal training coach and more.

Customer Support

Many brokers offer multilingual support. It is important for you to have 24/7 access to both dealing support and technical support.

Financial Instruments

There are hundreds of CFDs to trade, choose a provider that has a large portfolio of tradable assets such as popular currency pairs, Gold and Silver, popular stocks such as Facebook, Alibaba etc…



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One comment

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