how to be a forex broker

Amid Canadian PM Justin Trudeau's resignation buzz, a look at his scandal-plagued tenure Now, theory is key in learning the absolute fundamentals of FX trading, but putting this knowledge into practice is critical. Forex trading and financial trading in general require strong practical skills and discipline to implement theory into practice. This is true because trading is more of a practical skill than a theory. The demo account is the first step toward gaining practical financial trading experience, however, traders will need to switch to live trading eventually. This is the case because trading on a demo account does not have the same emotional and psychological effects as risking your real money in the markets.  The cost of starting forex trading in India can vary based on several factors. However, an estimation of the approximate cost to start forex trading in India is around ?15000 to ?25000. This includes brokerage fees, minimum deposit, platform fees, margin requirements, and education and training fees. However, this is just an estimation; the actual cost may differ from this.

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