Forex is an international foreign exchange market that allows you to make money at the lowest cost. In order to work, you only need free time, a "sober" head and a computer connected to the Internet. Working with Forex begins with opening an account.
Instructions
Step 1
Open a training account. In order not to "rush into the pool with your head", open a demo account. Many sites provide this option. To do this, download the training terminal and the demo account is open.
Step 2
Get trained. It is not necessary to spend time and money on taking any Forex courses. The largest brokers not only carry out courses, but also conduct virtual training, consultations, videoconferences. In addition, distance learning allows you to do this at any convenient time, stop at the right moment, reflect and think.
Step 3
Open a live account. At the end of the course, the brokerage office in which you will be trained will offer you to open an account in order to try your hand at reality. If this did not happen or you did not study, relying on your own knowledge, go to any broker's website and fill out a special application form. Most often, it contains general questions: e-mail address, full name, city, phone number. After completing the questionnaire, you will receive a confirmation with all the necessary data to your e-mail address. Some brokers also require a scanned copy of your passport - please send.
Step 4
Further, as in the case with the training account, download the trading terminal. Since the market does not work directly with a trader, but only through a broker, this step cannot be avoided. It should be borne in mind that a certain amount of money will be needed to open an account. Again, different brokers offer different terms and conditions. It can be the minimum amount just to try yourself, but at the same time not go broke, or the amount with which it is already possible to earn something. Brokers usually offer several types of accounts. Basically, they differ in the amount of the contribution, brokerage interest, leverage provided, annual interest for keeping funds.
