Hello my names are Timipre Ali Ekpiriyanre, today we shall be discussing on how you can participate exchange market, just encase you missed out the previous tutorial you can as-well click on this link https://www.nairaland.com/4459236/players-forex

You may have a question how to be involved in Forex market?
The answer is quite simple: through brokerage firms!
Brokers are the ones who give an opportunity to small investors
to initiate operations on the Forex market.
For becoming a client of a broker, one needs to open an account
and make a deposit. The deposit requirements vary
from broker to broker. For instance, IFC Markets (http://www.ifcmarkets.com/ib/5580/en) requires
a minimum of $1 per starting trading. For the purpose of
increasing the client’s profits, every company establishes
certain credit level, which is called leverage. The client deposits
X amount into the Broker’s account. Based on the
chosen leverage, the client receives a certain amount of
money by the Broker to trade (for example, if deposited
$100, and the leverage is 1:100, the total amount to trade
becomes $10,000). However, in case the trader loses, he
is losing only the amount he deposited, which in this example
is $100. Thus, it may be concluded that for
trading with 100,000 in case of 1:100 leverage, $1000
deposit
is required.

tomorrow we will continue from were we stopped; this education is sponsored by http://www.ifcmarkets.com/ib/5580/en
you can call me (Timipre Ali Ekpiriyanre) +234 (0)9022154785 for more info...bye for now