At a glance, it appears that the forex trading easy. However, the actual required process Learn forex and exercises is not short. As already communicated in the preceding description, there are many things that are unique in the forex and none elsewhere. Learning forex is important so that you can familiarize yourself with the uniqueness of the-uniqueness. Not a few who suffered big losses just because rush infuses funds in forex but don't know anything.
For that, you'll first need to get the source Learn forex qualified first. The ingredients can be obtained online from the website forex in Indonesia language as well as seminars and training activities which quite often held in large cities.
Second, sign up to the Introducing Broker or Broker who is credible. Download trading software they provide, and then practice them to advanced. Brokers typically provide a demo account (Demo Account) where we can practice forex trading with virtual money (not real money). This is one powerful forex learning tools. Broker/IB can also help in learning forex by holding trainings/seminars. If you already feel able or want to feel the real trading, open a real account (Real accounts) on the same broker. With a real account, we can make a deposit and trading with its own money as well as interesting profit if it had.
Forex Brokers In Indonesia
Forex broker is a term for companies that become intermediaries between us as a trader with forex interbank market where traded internationally. We can apply to a broker directly in his Office as well as through its website. In addition, registration can also be done through Introducing Broker (IB), the person or company that directs people to join a particular broker associated with it, like Sales and Customer Service.
Brokers usually offer some choice account (Account) for traders, who each have their own characteristics. One popular account option Account is a Mini (Mini account). The mini Account is a type of forex trading account that allows the owner to open a position in a lot size of $10.000. Coupled with the presence of leverage/margin in forex, then the amount of the minimum deposit required for trade on the Mini Account is also smaller. Usually the trader can already trade on the Mini account with capital one thousand dollars. In addition to the Mini Account, there are also Standard, Micro, and others.
The selection of a broker needs to be done carefully so as not to get caught up. Therefore, it is important to choose a forex broker is already regulated or have permission from the country place domiciled. For example if in Indonesia, then a forex broker must have permission from commodity futures trading Supervisory (Bappebti). In addition, the broker must also have been a member of the Exchange and the clearing of futures trading in Indonesia. The two futures exchanges in Indonesia is the Jakarta Futures Exchange (JFX) and the Indonesia Commodity and Derivatives Exchange (ICDX). If a broker is recorded as a member of the JFX, then must also get permission from Futures Clearing PT Indonesia (HOUSE) as a clearing house, while clearing the ICDX Indonesia run by the Clearing House.
From abroad, many brokers who can facilitate forex trading activity. Regulators in charge of maintaining the credibility of brokerage exists in most countries. Including NFA/CFTC in the United States, the United Kingdom in the FCA, ASIC in Australia, and so on. To ascertain whether a broker correctly regulated or not, we can look at the website of the broker and cross-check on the website of regulator or other sources.
In addition to the about regulation, to note again when choosing a broker forex trading rules is whether they are suitable for us.
Forex trading rules in every broker can vary, such as how the magnitude of the spread, swap, commission fees, and the like. Various Currency offered was different, could only 10 pairs, 20 pair, or by up to hundreds of pairs. If you just want to trade on a Currency pair-the pair are popular, then it does not need to choose. But if you want to be able to have a lot of options, then do not select the bit.
In addition to trade in Currency, brokers can also facilitate the trading of some other asset that is common in the world's financial markets. Among them are the index and Commodity. The index in the financial markets is the combined price of the various stocks based on a specific category in the stock market. While Commodity i.e. goods serve as raw material for the manufacture of other goods and traded in the futures market public. In Indonesia, trading index and the Commodity also facilitated via the broker members of the Futures Exchange JFX and the ICDX.