I’m a Forex Beginner and am currently in the School or Pipsology. I like to visualize while I learn so I would like to download a trading platform and open a Demo Account while learning. For beginners, is it better to use MT4 or MT5?
Which Forex trading outlet is ideal for individuals opening an account under $2500?
I want to take what little savings I have and slowly start learning about Forex. I've always used demo accounts have really begun to create positive trends. I'm over the las vegas effect and I want to turn forex into something I can realistically make a living off of. Whats the best trading suite for smaller dollar trades?
I am considering opening forex brokerage account to get a better exchange rate for an international transfer. Questions:
Does this make sense? Based on the amount that I am looking to exchange, a market rate that I could get with a broker would save me quite a bit of money compared to the BS rate banks offer for international wire transfers. What would be risks involved in this? I have never traded forex before, and am wondering what would be the best way to proceed. Thanks!
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