Basic Trading Tips (Forex Beginners)

Forex trading is a highly complex activity. Here are some simple trading tips from FxPros.net:

Forex Trading Tip 1: “Know what you are trading”

The market behavior of all Forex pairs is not the same. Some currency pairs are much more volatile and trend more aggressively than others. Furthermore, currency pairs often trade within specific seasonal patterns. For example, during April, the British Pound against the US Dollar tends to appreciate more than 80% of the time.

» When to trade Forex

Table: Forex Currency Pairs & Volatility

AAAFX RATING REVIEW -Using the Formula V.4.0.

AAAFX is an ECN Forex Broker that allows US Traders. The following AAAFX rating is based on the Forex Brokers Formula v.4.0.

AAAFX Rating Summary

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FORTRADE RATING -Powered by the Rating Formula V.4.0

FORTRADE Rating Summary

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Understanding Forex Margin Requirements: What Every Trader Should Know

Are you about to start trading in the Forex market? If so, you’re likely considering using leverage to amplify your profits. But before you do, it's crucial to understand Forex margin requirements—a foundational concept that directly impacts your ability to trade.

Let’s break down what Forex margin requirements are, why they matter, and how they affect your trading decisions.

What Are Forex Margin Requirements?

In Forex trading, margin refers to the amount of money you must deposit to open and maintain a leveraged position. It’s essentially your collateral.

For example, if your broker offers leverage of 1:50, you only need to deposit 2% of the total trade value. That’s your margin requirement. The higher the leverage, the lower the margin needed—but also, the greater the risk.

Forex Trading Career

Forex trading is often seen as a part-time endeavor or even just a “hobby.” That perception isn’t entirely off base—most forex traders begin their journey while holding onto full-time jobs. For many, it becomes a valuable source of extra income. However, behind every part-time trader lies a dream: to one day quit the traditional 9-to-5 and earn a living trading from anywhere in the world, on their own schedule.

This dream is achievable—but it’s far from easy. The path to full-time forex trading is steep, requiring persistence, deep knowledge, and hands-on experience. Even then, success isn't guaranteed. As with any small business venture, around 95% of traders ultimately fail, and many give up along the way. To improve your chances of joining the successful 5%, here are some essential tips to help you turn your trading passion into a profitable full-time career:

1. What Skills Do You Need?

Before considering forex as a full-time job, you need to master the fundamentals. Start by learning the basic terminology and simple trading strategies. Numerous resources and training guides are available online to help you get started. However, if you're serious about going pro, you’ll need to go much deeper.

Develop your own trading style by mastering several strategies and learning when to apply each. Over time, you'll gain the experience necessary to navigate volatile markets. Traits like rational thinking, caution, and strong analytical skills will also serve you well in this field.

ECN Forex Broker Review: InstaForex

INSTAFOREX REVIEW

InstaForex General Info

◘ Company Name: InstaForex is the Trading Name of InstaForex Group

◘ InstaForex Offices: InstaForex maintains its headquarters in Russia and other offices in many Asian Countries

◘ InstaForex Regulation: InstaForex is regulated by RAFMM

◘ InstaForex Foundation: InstaForex was found in 2007

◘ Online since InstaForex has been online since 2008

◘ US Clients: InstaForex doesn't accept US Traders (NO)

◘ Islamic Accounts: InstaForex provides SWAP-Free (Islamic) Accounts (YES)

◘ InstaForex Execution Type: DD Broker

» Visit InstaForex