Types Of Forex
Account
Two
or more types of
accounts will be
usually offered
to you by your
broker. The
smallest account
you can get is
called a “mini
account” and
needs a minimum
of $300 for you
to
trade.
This
option will leave
you with a high
leverage amount,
which will be
needed in order
to make a profit
with an initially
small capital.
The regular
account will let
you trade at
various different
leverages, but
does require an
initial capital
of $2,000 minimum
for you to get
started.
Finally,
there are
accounts called
“premium
accounts”, which
often need larger
amounts of
capital for you
to get started.
Different amounts
of leverage are
also offered, and
often, you can
get extra tools
and services. You
must ensure that
the chosen broker
has the right
leverage, tools,
and services
which are
applicable to the
amount of capital
that you can work
with.
Click
here to
continue to the next
step in your Forex
trading
guide
