The term Forex is usually used in a narrow sense - it is speculative currency trading through dealing centers or commercial banks, which is carried out using leverage. To start working in the Forex market, you need to take several steps: training, practice (opening a demo account, participating in contests) and earnings (opening a trading account, replenishing an account, participating in trades, opening a deal).
It is necessary
Internet, computer program for making transactions, trading account, initial capital
Instructions
Step 1
Training: the course for a beginner trader can be taken on the official websites of the Forex market (https://www.aforex.ru, https://forex-mmcis.ru, etc.). After completing the training, you will learn how to make money in Forex, understand the trading platform, and learn how to forecast the market
Step 2
Practice starts by opening a demo account (for example, here: https://www.aforex.ru/opening-account/forex-training-account), where you will need to specify your personal data, email, password and your mobile phone number. The demo account works for thirty days. The next step in your practice will be to install and work with a program for making deals (for example, the MetaTrader4 trading platform, you can download it here: https://www.aforex.ru/opening-account/forex-trading-platform). You can consolidate your knowledge and acquired skills by participating in various contests on the official Forex websites (after winning, you can get a bonus on your trading account)
Step 3
Your earnings on the market will begin with opening a trading account (https://www.aforex.ru/opening-account/forex-real-account) and replenishment of the balance. You can replenish a trading account by means of plastic cards, payment terminals, bank transfer, WebMoney, etc. Traders make a profit in the process of buying currency at a low rate and selling it at a higher one. The exchange rate changes depending on the ratio of supply and demand for each of the currencies. Speculative transactions make up the majority of Forex transactions.
