How Much Money Do I Need to Start Forex Trading with XM?
To trade on a financial market, you need capital. Capital is used to buy an instrument if your analysis shows that its price could increase in value, eventually leading to capital gains and a profit for the trader. The Forex market is no different – in order to start trading currencies, you need to invest a certain sum of money with your broker which is then used to buy and sell currencies. The amount invested has a direct impact on the amount of profits you can make, as larger trading accounts can open larger position sizes than smaller trading accounts (given the same amount of leverage). We will tackle the important question concerning the minimum amount of money needed to trade Forex in the following lines, and show you that there is no universal answer that applies to all traders.
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How to Register and start Trading with a Demo Account in XM
How to Register Demo Account in XM This lesson is dedicated to explaining how to create a demo account in the Forex broker XM. We will explain step by step and in a simple w...
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How to Download, Install and Login to XM MT5 for iPhone
Why Trade on the XM MT5 iPhone? The XM MT5 iPhone Trader allows you direct access to your account on an iPhone native application. All you need to do is use the same login and ...
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