Forex Training
It is necessary to test your knowledge and skills in practice before trading on Forex. A demo account might be used for that purpose, but it must be kept in mind that it does not reflect the refinements of trade, such as its psychological side.
Until recently no other means existed. Our company was one of the first brokers who offered beginners a new way of learning Forex by practicing trading skills using real money with minimum risk:
- First of all, there are accounts are denominated in US oe Euro cents available which lets you decrease the financial risk 100 times.
- Secondly, the minimum amount of a transaction is 0.01 (or 1,000 points of a base currency) which significantly lowers the risk of loss.
The "Forex training" service gives our clients an opportunity to conduct in practice the financial transactions using various strategies at minimal costs, thus overcoming psychological difficulties and helping to predict the likelihood of the success for larger sums.
This service is the result of a long history of foreign exchange market development, beginning with the 100-thousand contracts. For those even the change of 5-10% in six or twelve months is a sufficient profitability level provided by many banks at no risk. Over time, investors felt the need to participate in trading using smaller amounts of money, but at higher level of risk and return.
This has been made possible through leverage. Companies started to offer margin loan services in exchange for certain bonds on an account, which were much smaller than the amount of the transaction. Due to its relevance, this service became popular among investors with relatively small capital. Originally, lots were as much as 100,000 US dollars with a bond of 1,000 or with leverage of 1 to 100 (lot amount is 100 times more than a bond).
fx4u-cent has become a new level in the development of margin loan services. With fx4u-cent account the bond is 1,000 times less than a standard contract of 100 thousand (lot 0.1). Many brokers also use the term "micro" for cases with a bond of 10 USD (lot 0.01) but in fact none of them really offer this kind of service.
Forex4you offers a minimum lot of 0.0001 with only 10 cents necessary for trading at 1 to 100 leverage. This has became possible thanks to the introduction of US/Euro cents as the account currency. Therefore, having an account of 2,000 cents and conducting a 0.01 lot transaction, a client actually operates with a lot of 0.0001, because the balance of the account (in US/Euro cents) is actually 100 times less than its real value.
fx4u-cent accounts have many advantages as compared to demo or fx4u-classic accounts. Today it is the best way to learn how to trade because it offers practice with real money at risks less than those of other types of accounts. Success in fx4u-cent increases the likelihood of the same results with regular Dollar/Euro accounts.
After training, the customer can evaluate his own work and draw conclusions on what percentage of profitability he achieved by assessing the number and level of depositing in critical situations. At this point he can decide whether he or she is experienced enough to start working with Forex4you classic accounts where depositing amounts are greater.
The experience of many traders shows that in most cases, making a deposit in situations of low margin level increases the chances of reaching the break even point. Moreover it creates a decent profit.
Forex4you offers a wide range of quick and round-the-clock services to make a deposit in critical situations.
We want our clients to learn and make a profit!
We recommend you to start trading on the foreign exchange market with the "Forex training" service.
The purpose of the competitions, special events and analytical support provided by the Company is to help traders in understanding the beneficial effect of the following factors:
- work with free monetary means;
- the opportunity to edit the account;
- support of analysts and consultants;
- systematic approach in trade with a minimum level of influence of the psychological aspect.
An "fx4u-cent" account can be opened here.
You can read user manuals of the trading terminal here.
