Types of trading account

[brain22]

Hi, I want to inform you people who are new in Foreign-exchange (forex) trading. Foreign-exchange (forex) trading consists of the buying and selling of world currencies, and its marketplace is among the most liquid in the world. The unique aspect of trading forex is that individual investors can compete with large hedge funds and banks - they just need to set up the right account.

There are three main types of trading accounts - standard, mini and managed - and each has its own pros and cons. Which type of account is right for you depends on your tolerance for risk, the size of your initial investment and the amount of time you have to trade the market on a daily basis.

[Donnald]

Can you tell the deposit value for each account.

Note: Brokers offer different conditions for different accounts as far as I know!

[brain22]

an integral part of forex trading is employing the right kind of forex trading strategy. So i would suggest you to visit this forex site

[chin100]

Yes you are right there are different accounts of Forex trading.Different brokers offers different types of accounts to trade. Forex is very risky business and we should always choose a right strategy to trade.

[ritika1124]

There are plenty of different types of forex accounts are available to the retail foreign exchange trader. Demo accounts are offered through forex brokers as a means to bring traders to their software and the methods of execution. After the trader tried demo accounts with a few different dealers, a funded trading account be the next step.

[unclegober]

Many broker now offer many type of account. but all have the same model. now. I use classic type account in Armada Markets. This type account is good for a newbie