Open a trading account in the forex club. Live account for Forex trading

Hello, dear readers of the financial and investment portal “site”! In the current review we will consider brokerage company Forex Club, which has earned the recognition of more than a million traders from all over the world, thanks to its innovative trading tools and the best service conditions in this segment.

Investments

The Forex Club company has several investment platforms. Investors will be able to choose several investment instruments that suit them to invest their capital.

1. Investment in Model portfolios

Model portfolios– every quarter and year, Forex Club Academy experts form investment portfolio from promising trading instruments for which profitability is expected. Each of the portfolios they create allows you to choose the required level of risk and return. All model portfolios are formed first reporting periods(year, quarter), however, you can invest at any time.

2. Libertex

No matter how long a trader works on a demo account, his development in Forex begins only after a real account is opened.

It is here that strategies are tested and experience in overcoming the most difficult problem – one’s own psychology – emerges.

Nowadays it’s easy to open a real account on Forex, because... many brokers offer dealer services.

Read today's article:

Registration and opening of a personal account

Step one is very important, but despite this it will take no more than a couple of minutes. You will need to fill out a personal form where you will need to enter:

• First and last name. When filling out, please provide your real information. In the event of misunderstandings, it is much easier to prove that you are right if you do not first have to prove that “I am me.”
• Date of birth. Persons under 18 years of age are not allowed to trade on the stock exchange.
• Citizenship. It is necessary to avoid problems in tax matters. According to the law, a broker can act as a tax agent. Citizens of the Russian Federation do not have problems with taxation, although Russian legislators have recently turned their attention to the foreign exchange market.
• Email address. The easiest way to send company news and confirm registration.
• Phone number. This requirement is completely justified; a telephone call is the fastest way to resolve issues. With its help, the trader has the opportunity to open or close an order in case of problems with the Internet.

To complete registration you will need to enter a code that will be sent to your phone or email address. After logging into your personal account, you must go through the verification procedure in order to avoid troubles if your registration data gets into the hands of third parties.

Before opening a real Forex account, you must read the terms of the client agreement. It contains information that will help you avoid making mistakes and not making unfounded claims against the broker in the future.

Open an account with Gerchik & Co

And trade Forex with the best conditions!

Refill

After registering in your personal account, the option to replenish your account will be available. Foreign exchange market brokers offer several dozen options, including electronic wallets, plastic cards And bank transfers. Here you can see what percentage the intermediary’s commission for the transfer will be.

Typically, a real account opened on Forex is replenished with a commission of 0.5 to 4%, which is taken by payment system or bank. The broker does not collect interest on the transfer; he makes money by providing intermediary services and the difference between the purchase and sale prices when making trading operations– spread.

The choice of payment method largely depends on the country of residence and the individual preferences of the investor. It will be more convenient for Russians to use a Sberbank card account or Yandex.Money, for Ukrainians - the WebMoney payment system, the rest - choose the most suitable options for them, discussing these issues with the broker's technical support.

After transferring funds, you need to open a trading account in your personal account. To do this, select its type and currency. The details will indicate the server address for the MetaTrader program, login and password.

Trading terminal

This is where 90% of a trader’s work happens. The Metatrader 4 trading terminal allows you to work both on demo and in real life. To get started, you need to take a few simple steps:

1. Install the program. If you already have a terminal from another broker, you should not use it. Each broker optimizes software under your own server for stable receipt of quotes.

You have already installed trading terminal MetaTrader 4?

If not, do it right now!

2. Open the menu. Service – Settings. A pop-up window with Settings will appear. In it you need to select a server, enter your login and password. Click the “Ok” button.

A trading terminal will appear, ready to work with real money. In the “Trade” tab you can see the balance. Don’t be alarmed if it’s zero when you first open it. It usually takes the broker some time to transfer the funds. But it rarely takes more than 1 hour.

The entire procedure for opening a real Forex account will take no more than one hour. Ultimately, it is the real that brings real money and allows the investor to realize their capabilities in practice.

You will learn more about how to set up MT4 below.

Good to know:

Connect "Risk Manager"

And trade Forex profitably!

Hello, dear friends! First steps in trading are associated not only with the selection of working trading strategy and its testing. You have to solve a lot of auxiliary issues - including choosing an account type, comparing brokers based on a lot of indicators. Open a Forex account Just, the procedure itself takes no more than a few minutes. But before you start filling out the registration form, I suggest you understand what types of accounts exist and what their features are. Today I will also touch on the issue of choosing a broker; this also has pitfalls.

Classification of Forex accounts

Beginners don’t pay any attention to this at all: they open the first type of account they come across and work on it. Sometimes this approach leads to inconvenience. Example - you have $100 (the amount is small, but at the start it will do), you open an account like Classic or Pro simply because it sounds more respectable, and they are forced to work with the minimum lot in 0,1 .

With such a lot, one pip will cost about $1, depending on the currency pair. As a result, even with a stop of 20 points, the trader loses 20% of deposit. It is impossible to trade normally under such conditions; you will have to transfer money to another account or add funds to current balance. Below I will briefly list the types of Forex accounts, indicating their strengths and weaknesses.

Demo account

The name speaks for itself - it is training account, the money on it is virtual, the trader himself decides what the balance will be. If you delete your training account, through Personal Area You can immediately top it up with any amount and continue experiments.

Peculiarities:

Some brokers position a demo account as an advantage over competitors. This is more of a marketing technique aimed at beginners. Today, having a demo account is not an advantage, but common practice.

I recommend a demo account for beginners to practice trading skills. It will also be useful for those who have been in the market for a long time - you can use it try new strategies, advisors. The basics of working with virtual money have already been discussed in more detail; it is available on the website.

Cent account

Starting from this account, trading is carried out with real money. The peculiarity is that the trader’s capital virtually increases 100 times. Let me explain: if deposit $100, then in the terminal this amount will be be displayed How $10 000 .

In fact, no one will give you “extra” money. Brokers use this technique so that traders with small starting capital can trade and not have problems complying with the rules money management. Minimum lot in this category is equal 0,01 or 0,0001 from the standard lot. That is minimum cost point about $0,001 .

Peculiarities:

A cent account is an ideal choice for a beginner. On the one hand, you do not risk a lot of money, on the other hand, you immediately get the whole range of necessary emotions from trading.

Just like on the demo, on the cent account you can experiment with new advisors and strategies. It's good for Martingale advisers, it is easier to comply with money management ( MM) + pressure on the deposit decreases.

Open a cent account with broker Exness

No Dealing Desk (NDD)

There are 2 types of accounts that fall into this category – ECN And STP. They are united by the fact that traders’ orders are transmitted through them liquidity providers, that is, the broker does not participate in their execution:

• ECN– your application goes to the market to liquidity providers;
• STP– the principle is the same, but the trader’s application is sent alone to an authorized liquidity provider.

If the explanation of what an ECN account is is not entirely clear, take a look at the picture above.

I will highlight the following features:

• Order execution speed. About such a phenomenon as requotes you can forget, even in moments of high volatility, transactions are executed practically instantly;
• The broker loses the ability to influence your transactions;
• Spread from 0 points;
• Eat minimum amount limit, entered upon the first replenishment.

Some brokers offer NDD accounts, both cent and in the Classic and Pro categories.

Accounts for experienced traders

• Possible minimum balance restrictions;
• Maximum execution speed. Pro accounts are the choice of those who deposit large sums; for such clients the broker tries to create Better conditions, their applications are paramount;
• On Pro accounts a little higher commission, but the difference compared to Classic is small - about a couple of dollars per lot;
• Minimum spread;
• Since there are considerable amounts in Pro accounts, broker limits leverage, it is less than on a classic or cent account;
• Maximum number of trading instruments.

In the picture above I have shown a comparison of Forex4You broker accounts. As you can see, there are a lot of differences, and you need to select the type of account taking into account your capital and intended trading style.

Opening a Classic account with the broker FxPro

The video below describes peculiarities different types of Forex accounts.

How to open a trading account - instructions using the example of the FxPro broker

You can open a trading account in a few minutes. The procedure is not much more complicated than registering on a website. There are a couple of nuances, which I will dwell on in more detail.

The instructions look like this:

1. On the broker's website, click " Create an account»
   
2. The registration form opens. FxPro operates in multiple jurisdictions, so there are sections at the top of the form CySEC, FCA, SCB. Depending on the country from which you access the site, the required jurisdiction is automatically selected. When filling out the items Name And Last Name important don't make a mistake in a single letter. I recommend copying the data from your passport or bank card
3. At the next stage, fill in current registration address. During verification you will need to confirm it, so write the address where you live and which you can confirm.
4. Next, you need to answer several questions regarding your experience in the market, the capital you plan to start working with, and the source of funds. There are a couple of questions for level control yours knowledge.
5. At the last stage you are asked to indicate terminal through which work will be carried out, select account currency, agree to the client agreement, set your preferred language. The point about verification– it can be completed immediately or later.

At this point, registration of a Forex account is completed, you can replenish your account and trade. I recommend not delaying verification. Some brokers require you to go through it immediately, others allow you to work without it. But there is general requirement– withdrawal of funds is impossible without verification.

Open an account with FxPro with min spreads

As for the registration procedure itself, it may be easier than in the instructions above. This depends on the specific broker.

Broker selection criteria

• Reputation and work experience, reliability. Take the time to study the company’s history to see if it has been caught in the past dishonestly treating customers. Availability required regulators, both local and international;
• Order execution speed. Some publish this data, others do not;
• Spreads– the more popular the broker, the higher the liquidity, which allows him to reduce the spread to a minimum;
• Commissions for 1 lot of turnover;
• Range of change leverage;
• Swaps, the availability of swap-free accounts – the so-called Islamic accounts;
• Requirements for minimum deposit . Most companies have not made exorbitant demands for a long time, and you can start working on a cent account with at least a few dollars. If the company is young and sets a high entry threshold, this is a cause for concern;
• On what platforms you can work;
• Which tools available for work;
• Do they comply? quotes real;
• Conditions for depositing/withdrawing funds. If the broker is good, but does not withdraw money using methods convenient for you, it is of little use. Availability in the list of supported methods WebMoney indirectly speaks in favor of the company’s reliability;
• How does technical support work?. Main criterion– do they help in solving problems or is everything limited to standard unsubscribes.

Services that help you compare brokers

When choosing, you have to compare companies according to many criteria. Service makes work easier Myfxbook . In chapter Brokers Can:

Myfxbook is not a decisive argument when choosing a broker. Use it like tool for working with an array of statistical data. In addition, the network is full of various ratings and tables with the final rating of each company. It’s up to you to believe them or not, but in most cases the compilers often have problems with the argumentation. The same company can be placed both in the TOP-3 and in the second ten participants.

Which broker should you open an account with?

• FxPro
• Just2Trade
• Exness

conclusions

If you are just thinking about what a trader account is and which one is best to choose to get started, I recommend don’t start right away with Pro accounts. At the beginning of work, stability is important, immediately introduce a large sum not worth it. There are brokers that allow you to trade with just a few dollars - this is an ideal option for a beginner.

When you reach a stable result, you can think about moving to a higher class account. Open an account with a broker FxPro, Just2Trade or Exness and trade: the companies are reliable and will definitely not put a spoke in your wheels.

There is no rush to trade Forex. Literally every step is necessary think carefully, including selection of the type of trading account. I hope that's what you did when you started trading.

This is where I say goodbye to you, I hope that my recommendations were useful to you. In comments ask questions, if you can’t decide how best to organize your entry into trading. I will be happy to share my experience. Don't forget to subscribe to my blog updates. Useful materials are published frequently; subscribing ensures that you don’t miss them.

If you find an error in the text, please select a piece of text and click Ctrl+Enter. Thanks for helping my blog get better!

A cent account is a type of trading account with a Forex broker, the unit of measurement of which is the cent.

A cent account on Forex serves as one of the basic platforms for training novice traders. This is due to the low risks in trading and the chance of a trader with any income level losing an acceptable amount of money. Opening a cent account is no different from opening a classic trading account with a broker.

The display of a cent account in the terminal differs from the display of a classic trading deposit. For example, you deposited $30 into your account. Since the unit of measurement is cents, when you replenish a cent trading deposit, your balance in trading platform will be displayed as 3000s.

What happens to the volume trading position? The trading position volume does not change, so even novice traders can easily figure out how to set a safe position volume for trading on the Forex currency exchange.

Testing simple strategies on foreign exchange market It's best to start with a cent account. , in trading currency pairs on cent account, are an attractive opportunity for a novice trader to start making money.

5 advantages of a cent account

A cent account on Forex has a number of advantages in trading for dummies or novice players on the exchange. We invite you to familiarize yourself with the 5 main advantages of a cent account:

1. Small amount of trading deposit.
2. Low risks.
3. There is a small chance of losing your trading account.
4. Real emotions in trading. This is not a demo account on the exchange.
5. Losing a cent account will not affect the trader’s financial well-being in any way.

The cent account has significant advantages before the demo account. Unfortunately, using a cent account on the Forex exchange also has its disadvantages.

3 disadvantages of cent accounts on the exchange

What are the disadvantages of cent accounts in Forex? Cent accounts have the following 3 disadvantages for a novice trader:

1. Low profitability.
2. The emotions are real, but still far from the emotions on classic accounts with a broker.
3. Irresponsibility due to the lack of fear of losing a small trading deposit.

The disadvantages of a cent account should not become an obstacle to training for a novice trader in the real foreign exchange market.

Training in trading on the real market

Despite all the disadvantages, if a novice trader takes trading seriously, using a cent account on Forex you will have a real opportunity to gain practice in real conditions. You should save every cent, like $10 or $100.

You should be happy with every cent you earn when the order is triggered Take Profit. You need to keep your cold trading in a cent account and over time transform it into a classic account where significantly higher amounts of cash prevail.

You should not be faced with a choice: a demo account or a cent account on Forex. To fully learn how to trade currency pairs on the stock exchange, it is recommended to use a cent account right away. This step will allow you to conduct high-quality training “in real combat” and does not pose a large potential risk for you due to the small amount of the trading deposit.

How to open a cent account with a broker on Forex

Not all brokers provide the opportunity to open a cent account on Forex, so you should familiarize yourself with the trading conditions in advance on the website of the broker with whom you are inclined to open a trading deposit for playing on the stock exchange.

Before opening a real Forex account, it is recommended to carefully study the peculiarities of the functioning of the market and the basic concepts on it. Otherwise, instead of the expected profit, the speculator will receive losses.

Basic Concepts for Forex Trading

The main concepts include:

• Currency trading. Purchase and sale of currencies of individual countries.
• An exchange is a virtual platform on which currencies are traded. The exchange operates 24 hours a day, seven days a week.
• Leverage. Borrowed funds, which are provided to the player to increase trading with currency pair. The result is that the market opens up to individuals who can open a real Forex account and earn money. Sometimes the amount of leverage is determined by the exchange. In other cases, the opportunity is given to the trader.
• Broker or dealing center (DC). The official organization that legally exists for Forex trading. Individual does not have the appropriate rights to independently participate in the market. Therefore, he turns to specialists.
• Trading terminal. A tool for performing trading operations on the market.

Anyone can open an account. The agreement with the broker is signed online during registration or account opening.

• Alpari - has been operating since 1998 and is currently the most reliable choice for both beginners and professional traders;
• InstaForex- one of largest companies the world of trading, which is very popular among novice currency traders;
• RoboForex– differs in cent accounts, which are suitable for starting with a small capital.

Types

There are several types of accounts available in the Forex market. Most people start with a demo account. Here they learn to use the terminal, perform trading operations, conclude deals and practice strategies. Professionals recommend starting with a demo account to get comfortable with Forex.

The cent account is intended for performing minor trading operations. Real money, even small ones, teaches you how to manage your own account correctly. It is impossible to lose significant capital, but even the loss small amount psychologically it is still noticeable. The cent account is used to hone strategies.

Micro or mini is a standard account that has minimum deposit requirements. Most often it ranges from several hundred to several thousand dollars. Although there are exceptions. Minimal and small lot volumes are usually traded.

Classic. This is an account for professional market speculators. Significant deposits are made in the thousands of dollars. They are almost always traded in dollar terms. The broker must be chosen taking into account the reviews of other traders and after carefully studying the proposed conditions. A mistake can result in a serious loss of capital.

Pro. Minimum amount for investment is ten thousand dollars. Traders eligible to use a pro account earn more than their less wealthy colleagues. The downside is increased risks.

Useful information: sometimes PAMM accounts are allocated separately. The investor transfers his capital to the manager, who legally uses it at his own discretion. Non-specialists make money, but this is not a trading account. It is more correct to consider this as an investment.

PAMM accounts are an investment service that allows investors to earn money without trading on Forex themselves, and allows managers to receive additional profit using their capital.

Choosing a broker

Bonuses when opening real accounts through the site

First deposit bonus. Not compatible with other bonuses. The bonus is given for simple accounts, for example, to learn how to trade. After all, it’s not bad that +250% on the first score for a newbie! When I started there were no traces of such bonuses =))

Now the reader will learn how to open a Forex account. The first step is choosing a broker. Register with a trusted company that has been on the market for at least five years. It's good if the organization offers profitable terms, provides bonuses to the account.

After choosing a suitable broker, follow these steps sequentially:

• Registration with a broker. Click on the appropriate button and fill out all the proposed documents one by one. You will have to confirm the specified email address and provided data. Create a username and password. Do not under any circumstances pass on information to third parties.
• Go to your personal document. All types of accounts can be opened here. To do this, agree to an agreement on the part of the broker. This can be done with a simple click of the mouse. The specific interface varies from company to company. Most often, an account is opened with a simple “open account” button.
• Enter your bank wallet details. Sometimes it is allowed to use alternative payment systems. For example, webmoney.
• Specify the type of account the trader is opening. Compare trading conditions in advance.
• Get your trading account number. This is a unique identifier that identifies the open balance.
• Top up your account in any convenient way.

Now get to work.