What is a broker?
A broker is a company that provides its clients with access to trading on the financial markets. In order to trade financial instruments, you need to have licenses, software, price traffic, and brokerage accounts. It is almost impossible for an ordinary person to gain access to financial markets on their own. A broker is a company that organizes, services and provides an opportunity for ordinary traders to trade in the financial markets.
What do I get when trading through a broker?
Most brokers provide their clients with free MetaTrader software, free access to the price flow, and free maintenance of the brokerage account. You will get the opportunity to create a training trading account with a virtual amount of money and learn to trade without risks. Almost every broker offers its own unique trading conditions, deposit bonuses, trader contests, copy signals, investment accounts and portfolios.
How do brokers earn?
Brokers make money on the fees paid by the trader for carrying out the transaction, and many brokers also earn on the spread.
What markets will I be able to trade in?
Most brokers provide clients with access to such markets as Forex, cryptocurrency, stocks, futures, options and others…
Do I need any documents for trading?
Trading in financial markets requires proof of identity, as well as the adoption of capital protection regulations and money laundering policies.
How much money do you need to trade forex?
For Forex trading, the amount of money, or in other words, the size of the deposit is not the most important thing. Regardless of the amount, it is important to be able to make profit. There are brokers that allow their clients to trade with bonus funds or funds won in contests. Thus, it turns out that you do not need to invest your personal funds. Regardless of the amount on your account, the result of trading depends only on you.
How to choose a broker?
Choosing a broker is not an easy task. Think about what is the most important thing for you? Maybe it's low spreads, big prizes in Forex contests, a quick way to deposit and withdraw earned funds. For many traders, an important indicator is the reliability of the broker, the period of work in the financial markets and positive reviews. Our software is provided free of charge by brokers with more than 10 years of experience in the financial markets. Our partners are time-tested brokers with a wide range of services and high quality of service.
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