To get started in Forex you need boker that serves as an intermediate between you and Forex market (which deposits are saved)
To open an account with a forex broker, because this Strategy uses a bit of Scalping and News trading, NOT all broker allowed this, so we are going to use Instaforex.
Please click here here >> https://www.instaforex.com/ms/open_live_account?x=UOM
1. Make sure the "Password" as a combination of letters and numbers.
2. You can select 4 Decimal or 5 decimal, just that 5 decimal give a more accurate value.
3. The difference is a Standard account and account Eurica is that Eurica do not take spread of each trade instead charge a fixed commission. Select STANDARD ACCOUNT
4. Server: You can choose any. 5 Decimal however, typically will be set to USA server.
5. Leverage is between 1: 100 to 1: 1000. TAKE 1: 500
6. Account Currency set at USD
7. For traders who want to swap free account, make sure you "tick" in the "swap-free". Free swap is Islamic accounts.
8. Do not forget the "tick" Agree
10 Finally, click "Open Account".
After that you will received Confirmation mail on new trading account you open earlier. What is important is to save all detail such as passwords and PIN number for future ref.
Enter Account Number as Username: eg 7321698
Enter merchants Password as Password : ex WZA9AsusR