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Foreign Exchange market was restricted to very large players such as national banks and corporations. In the 1980's though the rules controlling the market were changed to allow smaller investors the chance to participate using margin accounts. Margin accounts are the primary reason that FOREX trading has become so popular, with margins of 1:100 you can control $100,000 with only a $1000 investment. There are risks involved with FOREX trading, and even though getting started trading is not difficult FOREX trading is not simple. It is very important for someone interested in trading on the foreign exchange to learn as much as possible about the market before they start trading. You will need to go through a broker to actually make trades on the exchange. You should be sure to find a reputable broker that is associated with an established financial institution such as a bank. To help protect yourself from fraud be sure that the broker you select it registered with the Commodity Futures Trading Commission (CFTC) as a Futures Commission Merchant (FCM). Opening a FOREX account will involve filling out paperwork and providing an acceptable form of ID. You will need to sign a Margin Agreement, this form will state that the broker can interfere with any trade, if the broker feels it is too risky. This form is to protect the broker since most of the trades will actually be done with the brokers money, in a margin account. Then you will need to fund your account so you can start trading. And the only real different between winners and losers is that the WINNERS Take Action. You can also have the Keys to a REAL Money Making strategy within minutes, or you can continue for the sake of a small investment lose hundreds or perhaps even thousands more. The Forex Destroyer is a unique program targeted towards all Forex & Financial traders. It's purpose is to broaden the horizon of Forex Traders and introduce them to Wall Street Emini Index Futures. Program is comprised of 8 modules/videos in member's area. Stock and Forex Trading Help
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