How do I start trading forex?
To begin forex trading simply follow our three-step guide to opening an account and you could be placing your first forex trade within minutes...
Step 1: Open a City Index or MT4 trading account
You need to open an account with trusted platform in order to start trading. ( i suggest you start with ETORO witch have strong platform and you can copy others good traders if you are a starter trader..
etoro application process is simple and secure and you can apply for an online account at any time by filling in online application form.
Once we’ve successfully completed the verification process, They we’ll send you an account number by email to confirm that your account is open
Shortly after that, you must complete your profile to start trading.
at first you can start demo account to learn how to trade forex like others or... go to step 2...
Step 2: Fund your account
Once your account is open, you’ll need to transfer funds into it to start trading. You can do this in a variety of ways via the 'Account' tab in the trading platform
Your initial deposit must be at least £100 but the minimum amount after that is £25
For more information on how you can transfer funds in and out of your account, see help and support section
Step 3: Start trading
Now you have an online trading account and have deposited funds, you can start trading
Log in, choose whether to trade Forex through spread betting, CFDs or spot FX, pick your pairs and open a position
You can access live price feeds, streaming charts and news instantly and trade 24-hours a day
etoro offer a range of powerful trading platforms including AT Pro (downloadable) and Advantage Web (browser-based)
For more details of the markets available for you to trade click here