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/open_live_account?x=UOM
click "Accept terms of the Agreement".
Then fill-in your email. make sure the email is valid. because Instaforex will submit daily report and would use this e-mail for official purposes if necessary.
Then fill out the information regarding yourself. Make sure that the full name is as identity cards. Phone numbers are also important because the account information on sms to you after registration.
Fill in the spaces affiliate code "UOM" so that we can track your trading performance.
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".
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.
REMEMBER YOUR TRADING ACCOUNT NUMBER! (Ex 7321698), YOU'LL NEED THIS TO MAKE DEPOSITS AND WITHDRAWAL
Then Login to the Client's Cabinet,
Enter Account Number as Username: eg 7321698
Enter merchants Password as Password : ex WZA9AsusR
Enter Account Number as Username: eg 7321698
Enter merchants Password as Password : ex WZA9AsusR
Then take a look at the left panel and click Financial operation> Deposit Money
Choose whether you want to deposit using a Bank Card (Visa / Mastercard)
Or through a representative in at your local banks
You need at least $USD 300 to trade Forex properly.