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Before choosing a broker
The foreign exchange is also known as FX or forex market. In forex, before choosing a broker, traders should research and compare their services. Also, traders do not need any money to test their services. Almost all brokers like Eurotrader offer their traders a free demo account. Both MT4 & MT5 and much more are available with this broker.
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Forex is a currency trading market. 90-95% of traders are losing money in the market. Despite the facts, many traders choose it as the main income source. There are many reasons that traders lose money. One of the major problems that new traders often encounter is a scam broker. Always trade with a good and regulated broker. That’s why I am trading Forex4you which is a regulated and licensed broker.
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Actually, it's not that bad. The percentage of people losing money, according to regulators, is about 63%. That said, that is still a pretty bad percentage.
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It is easy to learn forex trading than other trading markets. There is a lot of information available online where anyone can learn trading. Many expert traders also share their experience through free or paid courses. But I learned to spend money to learn to trade. I learned trading from TP Global FX free educational courses.
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