Traders can control $100,000 of currency by putting down just $1,000. This is with a 1% margin requirement. It shows how powerful and accessible margin in forex trading can be. It lets traders use their money more effectively. Margin is like a good faith deposit in the Forex market. It’s needed by brokers to start […]
Do you know which currencies are often used in cross currency pairs? They usually involve the Euro and the Japanese Yen. Traders used to need U.S. dollars before they traded money from one to another. Now, thanks to cross currency trading, this extra step is gone. Direct trading between countries like England and Japan is […]
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Dive into the world of currency trading with our guide, Understanding Forex Trading for Beginners, and master the forex market basics.