Check how much minimum money needed for one time
transaction (minimum trade size). To that You need to know
how much is the minimum number of lots per transaction.
the number of units in the transaction is a lot.
Usually 1 lot
same with 100,000 units for Standard accounts (standard
lot), 10,000 units for Mini accounts (mini lot), or 1,000 units
If a Micro Account (micro lot). For example, brokers require
minimum 0.1 lot for Micro Account, meaning once the transaction
is 100 units. There are also several brokers who provide
freedom to trading in any number, including 1
units per transaction.
The minimum trade size is very important when your money
limited to, or want to do more with your money management
free. For that lot size options ranging from the
big up to will the better when you want
more freedom in the management of the Fund.
In addition, you need to look at what other limitations are there
in the transaction, for example, how many times you can Transact
within a day, a week, or a month. Know also how
many of the positions that can be opened at a time. This will
affect your trading style.
Also find out techniques that could be used.
Many brokers prohibits scalping like tradingcepat style. There are
do not allow the use of trading robots.
The COMMISSION?
Are there any commissions (fee) is charged for each transaction.
Currently almost all online forex brokers do not wear
Commission on each transaction. They take profit
from the ' spread (buy and sell price difference). But there are also
who still wear deals, mainly for transactions
great value, for example $100,000. Usually the broker still
wearing the Commission has a small spread.
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