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A forex trade made up of contracts for 1,000 units of currency. Micro accounts are one of three common types of accounts in forex market trading that investors use when trading currencies; the other two are mini accounts and standard accounts. I am using the micro account of Trade12 which remains swap free and with the account I have the low spread, high leverage, fast execution and lowest transaction cost.

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Account types vary from broker to broker. My broker is FXPM. It has four types of accounts. Beginner accounts where starting minimum deposit is 250$. Silver Accounts where starting  deposit is 5000$. Gold account where minimum deposit is 15,000$. Additionally, VIP account where basic minimum deposit is 50,000$. My account is Silver where I have a personal account manager. I am really happy with the assistance he accommodates me.

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There are several types of trading accounts in forex market provided by a forex broker. Every trader chooses his trading account according to the amount of his investment. Like I invested a small amount of monry and that’s why I have chosen the micro account of Trade12 broker. I had a wide range of deposit bonus within a very short condition with the broker and they cash back withdrawn money in just time.

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A forex exchange made up of agreements for 1,000 units of currency. Miniaturized scale accounts are one of three basic sorts of accounts in forex market trading that financial specialists utilize when trading monetary standards; the other two are smaller than normal accounts and standard accounts. I am utilizing the miniaturized scale account of Forex4you which remains swap free and with the account I have the low spread, high leverage, quick execution and most minimal transaction cost.

Numerous traders think little of the effect of spreads however as you begin some cash this begins to disturb truly.

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I trade with AAFX broker. This broker has several types of account in their system. I trade with their fixed account. In this account I get fixed spread rate on major pair which is just 1 pip. I also have 1:2000 leverage power in my account. My broker also has swap free account. In this account a trader doesn’t have to pay interest if he keep any trade for some days. They also have demo and ECN account type.

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While choosing a broker, you should focus with their record essentials, evaluate your investment determination, organize low commissions on the investments you will utilize most, you should keep an eye out for account expenses additionally, the amount they will charge for dynamic and occasionally dynamic record, think of you as trading style and tech needs. My broker FreshForex provide all offices to their customers and for this they have won such a significant number of honors.

It is a universal money related organization, situated in Podgorica, Montenegro, and spends significant time in giving monetary traders web based trading administrations. I opened a record with them to test with a base sum and I locate this extremely impressive. I can surely express that they are best to scalp and all sort of trades a trader can do in the market.

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