In order to become a competent participant of FOREX market, or a professional trader, it is necessary to pass through inevitable stages acquiring skills and knowledge, which are essential for trading on FOREX.
To be a novice trader does not mean to incur losses. As InstaForex does not limit the trade volume, you can start trading with any amount at low risk. Getting more experienced, you can increase the volume of trading operations taking more risk but making higher profit.
3 Easy Steps on FOREX Market:
Step 1: Training on Demo Account:-
Every person can open a demo account and learn how to operate the trading platform and trading strategies for unlimited period of time and absolutely free. Even having no idea about FOREX market you can try yourself as a trader on demo account. Despite the fact that all trades on demo accounts are virtual, you have exactly the same conditions as on live accounts. On a demo account you can open and close positions as if you are trading on a real Forex.
No matter how many questions arise, you can try to find the answers working on a demo account without risk. If you need, you can open any number of demo accounts totally free. Moreover, 24/5 Support Service is available by ICQ, chat, telephone or email.
Step 2: Training on Live Account:-
When you gain experience of trading through the platform and learn the major trading strategies, you can try trading on a live account limiting your risks. As minimum trade volume is not limited, you can trade according to the principle "risk=profit", when only you determine the volume of your investments.
Live trading gives you more in comparison with a demo account, no matter how seriously you take the virtual trading. Trading with real, even minimum funds, you begin to feel the connection between your profit and currency movements. This experience is very important for moving to the next level of trader’s development.
Step 3: Professional Work:-
Having the necessary knowledge, a trader is able to work independently on the currency market using his own or borrowed trading strategies for making profit from currency movements. A professional trader develops the style of his trading and chooses the instruments which are suitable for his strategy.
Not all new coming traders are able to reach this level, but InstaForex Company guaranties that our team bends every effort to help each client to go forward and get professional support if any problems arise.