competition success magazine use full for civil services students the leverage is considerable. in fact, you don t need a lot of money to trade forex, it is recommended to start with $2000, but you can start with $300, then if you have a proved strategy, your investment will grow consequently, as you can trade up to 200 times your investment. you can trade 100,000- unit currency lots with as little as 1% margin, or $1,000. there is no comparison with the stock market where you need a big amount of money to start, if you want to see real profits. and beside that, you need to post 50% margin. 6) price movements are highly predictable. price movement or highly volatile in the forex, however, the foreign currencies market is moving in trends, and you can identify these trends - as they repeat in cycle- with the technical analysis. 7) no commission fees. unlike the stock market, brokers don t take commission on transaction. to trade forex, you don t need to have a lot of money to start; you can trade at any time, from anywhere, with a internet connection, you will not have an order pending because of lack of liquidity, you will not have to work all during the day. the forex market has many advantages over the other traditional investments, and for sure, it will give you more freedom, and more money competition success review buy.
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