HOW TO SIGN UP TO BECOME CUSTOMERS BROKER

How to open an account at forex broker is pretty easy. Almost

each broker is how similar.

   1. Select a suitable broker for you

We recommend that you choose the best broker in accordance

the parameters already described previously. Iika

still confused select brokerage, on the pages of attachments

provided a list of some of the brokers, both for traders

beginner or professional.

  2. Register at the Office or the broker's website

For local brokers in the country, you can simply

visit the broker's Office or register

via the website. As for foreign brokers,

You can only register on the website of the broker.

Fill in all the form provided correctly and

follow the on-screen instructions. The contents of the corresponding data or ID card

other identity because later you must do

verification identity. It is recommended not to register

through the Office computer or cybercafe used

a lot of people for security reasons,

  3. Identity Verification

Identity verification is done to prevent money

laundering and other crimes, in addition

If you do not verify your identity, then the

You can't withdraw your money (withdrawal).

Usually to do with identity verify

How to send file scan photo ID CARD. Sometimes also

requested documents such as bills

credit cards, utility bills, water, etc. Tip: we recommend that you

No deposit money before verify finishes.

  4. Download the software trading platform

Download trading software that is on the website of the broker.

Install and try to log in with your username and password

time to register.

  5. Deposit funds to brokers

After that you can simply deposit funds to your broker

such. You usually need to do confirmation.

If you use a local broker, don't want to ijika

requested deposit into account salesnya, arguing it will

assisted. There are rogue salesnya events, and disappears

blur brings dash customer funds.

  6. The process is complete. You can already trading

After the funds coming in, You can see it in balance

the trading software. Next you can already

trading with real money

CHOOSING THE BEST BROKER

      You already know the various parameters that define the

the quality of a forex broker. Well, now I will give you

Summary of how to choose the best broker that operates

abroad:

-Must be registered with the CFTC regulation of the huge country,

NFA, FSA, and ASIC (could be one).

-Already stand at least 5 years.

Physical offices/headquarters there in great State.

-Have a Trading Desk phone number. Phone number

This is used to conduct transactions via the phone when

problematic internet connection or there are other problems

-Select a Non Dealing Desk broker (ECN, DMA, STP)

Large broker-usually only use two ways to

deposit and Withdraw, namely via credit card or

bank transfer. For bank transfer, do not allow

transfer through a third party, because ' for factor

Security and legality of money. A direct transfer is intended

the brokerage firm is concerned. There is no

setor options or pull funds with virtual money, vouchers

and leave the transfer with other parties.

-Provides flexible transaction Volume ranging from

Micro, Mini up to Regular (trading 0.01 can

up to above 1.0, 0.1 lot). This is to facilitate the

You set up money management.

-Allow all kinds of trading techniques, including

scalping, and others.

-The provided Leverage from 1:100. But also

Don't be too large as 1:1000.

-Spread must be reasonable. Don't be tempted to spread

fixed that too low, because it spreads in the money market

the original is not possible anyway. Iika offers

fixed spreads, a reasonable Search, usually ranges from 1-2

most low pips. However normal brokers

take advantage

Now of course you already know which forex broker

the best. However, they usually require a deposit

big enough. What if our finances are limited?

In principle, we should avoid broker type

Dealing Desk. However, if our only possibility brackets tight money

the option is that we can get.

     I suggest if you're just starting out forex trading,

no problem try trading in brokerage second class. Usually in the

such easy to broker listing. As Long As You

just put a little money in the broker, not usually

There are barriers, secure-safe only. If there is a problem, for example

the brokerage went bankrupt, the missing money is not too large. As

the range, if your money under 1000 USD possibilities still

secure using the two-class broker. Above these values,

It is recommended to use a better broker.

      If your money has been developing, or already

steadily becoming a professional trader, you can switch to

a better broker.

SPREAD FOREX

    The spread is the difference between the selling price and buying the currency.

For example, the EUR/USD Bid written: 1.3200 Offer: 1.3203, spread

is the difference between 1.3200 and 1.3203, or 3 pips. So that the

BEP (break even point), the value of the currency should move of

spread. Suppose you open a position by buying EUR/

USD in prices Offer at 1.3203. Then when opening a position,

profit You-3 pips. Well, in order to break even, you have to sell on

1.3206,

     with this understanding, for trading is getting smaller

spread means the easier you print profits.

To choose a broker who offers a spread

competitive. The average broker offers a spread of 1-8 pips. Iika

You can get 1-2 pips spread, it has been very good.

     You also don't get screwed when there's an offer spread

small, sometimes tiny spreads because only applies specifically to

certain currency pairs, the other spreadnya fixed

height.

     Know also what the spread is fixed or mutable-

change. In a quiet market conditions or market

volatile because there are critical, economic news can spread

enlarged unaccountable. When the spread could fluctuate as

This, you have to be more careful. The effect you can quickly

Fortunately, big or huge loss quickly.

   The policy spread can also be changed in the holidays

long. At the end of the year, at a time when there is a holiday

long, some brokers will automatically raise the spread

and lower leverage. The possibility of this is done

to keep their cash flow, because it is usually at the end of

years many traders who attract their funds.

SLIPPAGE

     Slippage is easily could be interpreted as extra spread.

This effect is especially when you close the position in

ulomatis. Suppose you decide to close a position

NUR/USD price at 1.4500. Then not suspected market

very wild moves in the price range of 1.4500. As a result the position

You are not fitting in closed 1.4500 but less is more. For example

at 1.4505 or 1.4495. Means its price slipped (slippage) 5 pips.

Occasional slippage can be profitable. However, the slippage

too large can result in your position even the losers

or at least reduce the advantages.