regulator the Capital Markets Board (SPK introduced a new set of rules on the forex market in the country, lowering further the maximum leverage to 1:10. A, most accounts are free to open, but you need to deposit a minimum amount to begin forex trading, such as 100. The new esma rules limit the leverage for major currency pairs to 1:30, for non-major currency pairs, gold and major indices to 1:20, for commodities other than romancing the price forex factory gold and non-major equity indices to 1:10, for individual equities and other reference values to 1:5 and for. When looking for the best forex trading account available from the providers we compare, there are a range of things to consider: The spread : Different providers offer different spreads on their trading accounts, which could directly affect the profitability of your trades.
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Q, how do we make money from our comparison? Some providers offer demo forex accounts that let you try out their platform to help you find one you are comfortable with. For example, if you are willing to risk a major fraction of your investment in order to have a chance to win more money, then youll forex trading australia forum prefer to pick the services of a broker that offers a higher leverage. By using the leverage offered by your broker, youll borrow money from them in order to be able to buy more assets. Mind that according to the local legislation only brokers, licensed by the SPK can provide the service. Q, do I pay tax when forex trading? Why traders opt for a higher leverage?
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