Is Forex trading expensive?
No. Most online Forex brokers allow customers to execute margin trades at up to 100:1 leverage. This means that investors can execute trades of $100,000 with an initial margin requirement of $1000. A more pragmatic margin trade for someone new to the Forex markets would be 20:1 but ultimately depends on the investor's appetite for risk. However, it is important to remember that while this type of leverage allows investors to maximize their profit potential, the potential for loss is equally great.
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Sunday, November 9, 2008
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