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Trading Forex, Bitcoin, and Forex Brokers .pdf

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Trading Forex Currencies, Bitcoin, and
Forex Brokers

Why Trading Forex Currencies and Crypto in the
First Place?
The Foreign Exchange market is the largest market in the world
with daily volumes exceeding 5 trillion US dollars. Forex offers two
exceptional features that no other market in the world can offer:
(i) Enormous Capital Leverage
You may trade $10,000 by depositing only $200 in your trading
account. This is possible due to the unique feature of capital
leverage which can be up to 50:1, or even more. Of course, trading
leverage must be used with caution because it can lead to profits
as well to losses.
(ii) Very Tight Trading Cost
The tight trading cost of the Forex market makes capital leverage
really useful. The cost when trading Forex is just a friction of the
cost when you trade any other financial asset class (stocks, ETFs,
commodities etc). For example, when you trade the Euro against

the US Dollar (EURUSD) you are paying a maximum 2 pips
What is Spread?
Spread is the difference between buyers and sellers and it is
measured in pips, as follows:
□ 1 pip = 0.0001
□ If EURUSD is at 1.1002
□ The cost of 2 pips is just 0.0002
In simple words, you can open a position worth $100,000 and pay
only $20-30. The trading cost of $20-30 is very tight compared to
any other market.
That makes Forex ideal for intraday trading.

Bitcoin & Other Cryptocurrencies
Crypto (Bitcoin and Altcoins) is a new asset class that is
characterized by enormous volatility. The crypto market is so
volatile that you don’t even need to use trade leverage. Nowadays,
you can trade Bitcoin and Altcoins using common Forex brokers.

How Can You Start Trading Forex and Crypto?
If you want to start trading in the Foreign Exchange Market or
Crypto you need an Online Forex Broker. You can open an
account with just $50 and test your skills, or you can even open a
free Practice account which is absolutely free.
If you trade for real money you must seek for Forex Brokers that
are highly regulated and offer segregated client accounts. These
two parameters are important for the safety of your money. Also
avoid companies with headquarters in offshore countries. Prefer
brokers domiciled in the United Kingdom or EU (Germany, France,
Cyprus, etc.).

Forex Brokers -Regulated and Popular Choices
The following Forex Brokers offer high safety of money and good
trading terms:

(1) XM Forex
XM is a good choice for beginners offering a little bit about
everything. The XM asset index is wide but doesn’t include Crypto,
the spreads paid are normal and there is a very good customer
service which support many different languages (European, Asian
languages). You can leverage your funds up to 30:1 and open an
account with just $5.
Regulation by FCA UK, ASIC Australia, CySEC Cyprus
57 Forex pairs, Stocks, Indices, Commodities, Precious Metals,
50% deposit bonus and a free $30 no-deposit bonuses are
available, but only for NON-Europeans.

JustForex is a specialized Forex Broker for advanced and
professional currency traders offering 90+ Forex Pairs and 39
Cryptocurrencies. The minimum EURUSD spread is at 1.1 pip
without charging any trading commissions. You can leverage your
funds up to 3000:1 and open an account with just $10.
■ SAFETY: Regulation by IFSC Belize
90+ Forex Pairs, 39 Cryptocurrencies, CFD Trading (Gold and
Silver against Euro and USD)
100% Welcome Bonus up to 20,000 USD
» https://justforex.com/landing/easy-to-start-withjustforex?ref=242225

IC Markets is a very competitive ECN Forex broker for advanced
and professional traders offering 55+ Forex Pairs and many
Cryptocurrency pairs. The EURUSD spread starts at 0.1 pip plus
$7 commissions. The Forex broker is regulated by ASIC Australia
and offering client funds segregation. You can leverage your funds
up to 500:1 and open an ECN account with just $200.
■ SAFETY: Regulation by ASIC Australia
55 Forex Pairs, many Cryptocurrency Pairs, CFD Trading (Stocks,
Indices, Commodities, Energies)
Free VPS for using Forex Robots (EAs)
» https://www.icmarkets.com/au/en/?camp=2655

RoboForex is a choice for beginners offering a wide asset index
containing 26 Cryptocurrencies, and many extras. The EURUSD
spread starts at 1.1 pip without charging any trading commissions.
Leverage can be up to 2000:1 and you can open an account with
just $10.
■ SAFETY: Regulation by IFSC
Forex, 26 Cryptocurrencies, Stocks, Indices
Deposit Bonuses, Cashback (Rebates), Free VPS-Server, Free
» http://www.roboforex.com/?a=gjkd

(5) FXCC Forex

FXCC is a good choice for advanced traders. FXCC offers narrow
trading spreads, automated trading, and real ECN execution. You
can leverage your funds up to 30:1 and open an account with
■ SAFETY: Regulation by FCA UK, CySEC Cyprus. Audited by
30+ Forex Pairs, CFD Trading (Dow Jones and Nasdaq, Gold and
Deposit bonus is available and practice account is available also
for free. Up to 100% Credit Bonus.
» http://www.fxcc.com/fx-i-1399-S00C00

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