Forex account types. During the application process, you'll be asked to select a few other account settings, including account types and currency denomination for your account.

Forex account types

What's Your Trader Type? First Steps to Successful Forex Trading

Forex account types. A beginner in Forex trading needs to open up an account with any reputed Forex trading service which is available in the market. A lot of online Forex trading service providers offer free trading accounts for beginners to start with. But there are various types of Forex accounts, and a beginner has to know which account fits.

Forex account types


Each live account at ForexTime has its own personality and its own goal; each is suited to a different type of investor and each reveals a different window of opportunity to the currency world. From experienced traders to inexperienced, from small depositors to large, the list of live accounts we offer is a gateway to your financial aspirations.

The best way for a forex newbie to enter the currency world is to start practicing on a forex demo account and at ForexTime we have more than just one demo account to offer. In fact, almost every live trading account we offer has a mirror reflection of a demo. So if you're interested in developing your trading skills, choose from one of our demo account types and start trading.

Since a client's total trading volume is calculated on a monthly basis, at the beginning of each month commissions will be charged at the highest level and should the trading volumes increase during the month it will automatically be reduced to reflect the volumes traded.

MT4 account in the hour before the trading session ends on Friday, the leverage will be switched to a maximum of up to 1: Before the beginning of the next trading session, the leverage will be reset based on the total volume of open positions on the account. For residents of Poland, the maximum leverage is 1: The leverage is set to 1: Therefore you can open positions with up to Standard Cent Lots 12 per trade.

In case the balance of an FXTM Pro account drops below the required amount, the spread offering may be reverted to the retail pricing until the account is topped-up. Add the following FXTM number to your contact list: Find FXTM by searching on the top search bar. Trading CFDs is risky and can result in the loss of your invested capital. Please ensure that you understand the risks involved and do not invest more than you can afford to lose.

Read full Risk Disclosure. Your capital is at risk. Log in Register Register. Live Trading Accounts Each live account at ForexTime has its own personality and its own goal; each is suited to a different type of investor and each reveals a different window of opportunity to the currency world. Demo Trading Accounts The best way for a forex newbie to enter the currency world is to start practicing on a forex demo account and at ForexTime we have more than just one demo account to offer.

You may lose more than you invest. Fixed 7 from 1: Majors, Minors, Exotics 9 — 34 Spot Metals — 2. Majors, Minors, Exotics 9 — 44 Spot Metals — 2.


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