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Posted on Dec 03, 2015 at 06:08 PM
The online Forex market has gotten even easier for newbies to partake in, with a low minimum startup capital, leverage opportunities and even training bonus
If you are reading this article, you are probably searching for how to make money online, and you also must have heard about the youngest online money making platform called Forex trade. It is all about exchanging one currency for another at a profit.
To participate and make money in Forex trade, all you need are:
An initial capital: Originally, trading Forex requires huge capital of up to $500,000 but with the help of ECN broker like InstaForex, Nigerians can start trading with a low minimum capital of just $100. You can even get started with free no deposit bonus of $100
Acquire knowledge about how to trade: First of all, traders should learn to forecast a currency pair’s trend. They also should learn and apply different methods of analysis: fundamental and technical analysis, the Elliott wave principle, the candlestick analyses, and some others. Using one of these methods, traders are able to forecast a currency pair trend. Enroll for training now and get up to $150 bonus on training.
Self-control and money management skills: It is important to comply with money management, which allows traders to protect themselves from risks and losses and also disposes human factor.
The benefits of trading Forex are obvious: it is the business with the highest liquidity and is available 24 hours 5 days a week. Also, traders emphasize such important aspects as low deal price, absence of restrictions, margin-based trading, a great deal of trading instruments, and high dynamics.
If you have decided to become a professional trader and want to get income regularly, know that Forex trade a business you can do. And with support from InstaForex Nigeria, you can get started immediately, with low minimum capital and tuition from experts in the market. To know more, click here to contact InstaForex Nigeria