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      "body": "Congratulations @jacksteveson! You have completed some achievement on Steemit and have been rewarded with new badge(s) :\n\n[![](https://steemitimages.com/70x80/http://steemitboard.com/notifications/firstpost.png)](http://steemitboard.com/@jacksteveson) You published your First Post\n[![](https://steemitimages.com/70x80/http://steemitboard.com/notifications/firstvoted.png)](http://steemitboard.com/@jacksteveson) You got a First Vote\n\nClick on any badge to view your own Board of Honor on SteemitBoard.\nFor more information about SteemitBoard, click [here](https://steemit.com/@steemitboard)\n\nIf you no longer want to receive notifications, reply to this comment with the word `STOP`\n\n> Upvote this notification to help all Steemit users. Learn why [here](https://steemit.com/steemitboard/@steemitboard/http-i-cubeupload-com-7ciqeo-png)!\n\nDo not miss the [last announcement](https://steemit.com/easter/@steemitboard/celebrate-easter-with-steemitboard-the-eggs-opened-and-guess-what-popped-out) from @steemitboard!",
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      "body": "Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:\nhttps://www.forextraders.com/forex-education/forex-strategy/how-to-become-a-forex-trader-the-simple-three-step-guide/",
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      "body": "Despite all the concerns the number of those who want to be a trader increases. The possibility of making easy money attracts many people. But it is not so simple as it may seem. How to become a Forex trader? How much money would it take? Let’s consider how to trade on Forex market and <em><strong>Three steps to become a Forex trader</strong></em>.\n<h3><strong>1. Understand how currencies are traded</strong></h3>\nFirst, you have to understand how currencies are traded. There are three critical terms to learn:\n<ul>\n \t<li>Exchange rate or quote and Pair</li>\n \t<li>Pips</li>\n \t<li>Spread</li>\n</ul>\n<img class=\"size-medium wp-image-105 aligncenter\" src=\"https://forextrendindicatorpro.com/wp-content/uploads/2017/06/Forex_Buy-Sell-300x157.png\" alt=\"\" width=\"300\" height=\"157\" />\n\n<strong>Forex quote</strong>: EUR/USD 1.3325 BUY / 1.3315 SELL\n\nEach quote is composed of two parts, the pair and the rate. Pairs are the “items” traded on the markets, e.g., EUR/USD, USD/JPY, EUR/GBP. Each pair signifies two different currencies.\n\nEUR/USD means “Dollars for Euro” and EUR/GBP, likewise, equals “Pounds for Euro”. The rate is what you can buy or sell the pair for 1.3325 BUY means you can buy 1.3325 dollars for each euro, and 1.3315 SELL means you can sell 1.3315 dollars for each euro.\n\n<strong>Pip</strong>: This word represents the basic unit of profit in Forex so it’s crucial to understand it. A pip is the smallest increment of a pair. For the EUR/USD or any other pair it’s 1/10,000th. The Yen is an exception, where the pip is 1/100th.\n\n<strong>Spread:</strong> You might have noticed that the BUY/SELL rate wasn’t the same. That is called the “spread“. All Forex markets of any liquidity have a spread of some sort, and oftentimes a broker will widen them slightly to make a profit. This is equivalent to a stock broker charging per-trade. So in order to be profitable, you will need to recoup the spread.\n\nYou can find more at this video:\n<iframe src=\"https://www.youtube.com/embed/dJqayM7K-7c\" width=\"560\" height=\"315\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"></iframe>\n<h3><strong>2. Practice</strong></h3>\n<img class=\"aligncenter wp-image-106\" src=\"https://forextrendindicatorpro.com/wp-content/uploads/2017/06/Practice-300x169.jpg\" alt=\"Three steps to become a Forex trader\" width=\"375\" height=\"211\" />\n\nThe second key to Forex trading is practice, practice, practice. Most Forex brokers offer a $50,000 practice account (Demo account). Set one up, and mess around-watch your money evaporate. After you have played around for a couple days, open another practice account, but this time develop or use a specific trading strategy. Pick a method and stick to it. You may or may not make money this time, but you will start to have a fuller understanding of the inner workings of the market. After a few weeks, try another strategy and get good at two or maybe three.\n\n<img class=\" wp-image-107 aligncenter\" src=\"https://forextrendindicatorpro.com/wp-content/uploads/2017/06/Forex-pratice-300x177.jpg\" alt=\"\" width=\"429\" height=\"253\" />\n<h3><strong>3. Start small</strong></h3>\nThe third key is to start small. This is where most beginning traders lose the most money. After you have practiced for several months, take the strategy you know best and some money you can afford to lose. It is certainly best to chose a broker based on a comparison list or based on reputable reviews. Open a micro account, start really small, use a disciplined method, and begin trading. Know your own psychology and resist the temptation to be driven by greed or fear.\n\n<img class=\"wp-image-108 aligncenter\" src=\"https://forextrendindicatorpro.com/wp-content/uploads/2017/06/startsmall-300x89.png\" alt=\"\" width=\"435\" height=\"129\" />\n\n<strong><em>Conclusion</em>: </strong>No one borne to be a good Forex trader, all started from zero and learnt to be the good. Sometimes change your habit is not easy but if you want to be one of 1% amount world population, you have to change yourself. This article is experience and advice from professional Forex traders. These are Three steps to become a Forex trader. We hope that it will be useful with you.\n\nWhat more video:How To Become A Successful Forex Trader\n<iframe src=\"https://www.youtube.com/embed/b0UowuRTLEk\" width=\"560\" height=\"315\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"></iframe>\n\nRead more: <em><strong><a href=\"https://forextrendindicatorpro.com/5-steps-to-trade-on-forex-for-beginners/\">5 Steps to trade on Forex for Beginners</a></strong></em>",
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      "author": "jacksteveson",
      "permlink": "5-steps-to-trade-on-forex-for-beginners",
      "title": "5 steps to trade on Forex for Beginners",
      "body": "Forex is one of the most volatile type of investment markets and one of the most exhilarating experiences in the world. Forex, in it’s nebulous form, is simply trading currencies-buying and selling, betting for and against the various currencies of nations. With great liquidity and immense margins, it is one of the most effective ways to make money in a market, and easily the quickest way to throw money away. In this article we will show you <strong>5 steps to trade on Forex for Beginners</strong>.\n<h2>1. Start Forex trading with Forex education</strong></h2>\nIt may sound boring, but Forex begins with education and It's an important step in 5 steps to trade on Forex for Beginners. Trading requires minimal understanding of the market functioning mechanisms. Novices often omit this step, relying only on their success and intuition. But Forex is not gambling, it has own laws. Success is possible when trading blindly, however it is short-time.\nYou can learn how to trade on Forex in different ways: paid and free, in-class and online or you can <strong><a href=\"http://forextrendindicatorpro.com/forexebook\">Click Here</a></strong> to download Free Guiding Ebook to learn how to trade on Forex Market and Tips you should know.\n<a href=\"https://forextrendindicatorpro.com/?p=83&amp;preview=true\"><img class=\"wp-image-1283 size-full\" src=\"https://justforex.com/blog/wp-content/uploads/2016/05/trading-education.png\" sizes=\"(max-width: 800px) 100vw, 800px\" srcset=\"https://justforex.com/blog/wp-content/uploads/2016/05/trading-education.png 800w, https://justforex.com/blog/wp-content/uploads/2016/05/trading-education-300x150.png 300w, https://justforex.com/blog/wp-content/uploads/2016/05/trading-education-768x385.png 768w\" alt=\"trading-education\" width=\"800\" height=\"401\" data-lazy-loaded=\"true\" data-essbisindex=\"3\" /></a>\n<h3>How to learn Forex trading individually and free</h3>\nYou can learn Forex basics individually – assiduity, patience and time are required. Books, thematic resources, blogs of the successful traders, forums, video tutorials and webinars are the main educational materials. It is important to find easy-to-understand source that will not confuse even more.\nThe following books are considered classical:\n<ul>\n \t<li>Alexander Elder “Trading for a Living: Psychology, Trading Tactics, Money Management”;</li>\n</ul>\n<a href=\"https://forextrendindicatorpro.com/?p=83&amp;preview=true\"><img class=\"aligncenter size-full wp-image-1328\" src=\"https://justforex.com/blog/wp-content/uploads/2016/05/elder-trading-for-a-living.png\" sizes=\"(max-width: 800px) 100vw, 800px\" srcset=\"https://justforex.com/blog/wp-content/uploads/2016/05/elder-trading-for-a-living.png 800w, https://justforex.com/blog/wp-content/uploads/2016/05/elder-trading-for-a-living-300x149.png 300w, https://justforex.com/blog/wp-content/uploads/2016/05/elder-trading-for-a-living-768x382.png 768w\" alt=\"elder-trading-for-a-living\" width=\"800\" height=\"398\" data-lazy-loaded=\"true\" data-essbisindex=\"4\" /></a>\n<ul>\n \t<li>George Soros “The Alchemy of Finance”;</li>\n \t<li>Warren Buffett “The Essays of Warren Buffett: Lessons for Corporate America”;</li>\n \t<li>Erik Nayman “The Small Encyclopedia for Trader”;</li>\n \t<li>Jack D. Schwager “Market Wizards”.</li>\n \t<li><a href=\"http://forextrendindicatorpro.com/forexebook\">Miracle Forex Secrets</a></li>\n</ul>\n<img class=\"aligncenter size-full wp-image-1295\" src=\"https://justforex.com/blog/wp-content/uploads/2016/05/jack-schwager-market-wizards.png\" sizes=\"(max-width: 800px) 100vw, 800px\" srcset=\"https://justforex.com/blog/wp-content/uploads/2016/05/jack-schwager-market-wizards.png 800w, https://justforex.com/blog/wp-content/uploads/2016/05/jack-schwager-market-wizards-300x157.png 300w, https://justforex.com/blog/wp-content/uploads/2016/05/jack-schwager-market-wizards-768x401.png 768w\" alt=\"Jack Schwager book\" width=\"800\" height=\"418\" data-lazy-loaded=\"true\" data-essbisindex=\"5\" />\nBooks form a certain knowledge base, but do not teach successful deals. Reading of specialized literature is useful along with video tutorials, webinars and demo accounts. Look for applied information from insiders at Forex resources: thematic sites, forums, blogs, communities.\nAuthoritative Forex resources are listed below:\n<table id=\"tablepress-20\" class=\"tablepress tablepress-id-20\">\n<tbody class=\"row-hover\">\n<tr class=\"row-1 odd\">\n<td class=\"column-1\"><img class=\"aligncenter size-full wp-image-1183\" src=\"https://justforex.com/blog/wp-content/uploads/2016/05/investing-1.png\" alt=\"investing\" width=\"150\" height=\"33\" data-lazy-loaded=\"true\" /></td>\n<td class=\"column-2\"><a href=\"http://investing.com/\" target=\"_blank\" rel=\"noopener\">Investing</a></td>\n</tr>\n<tr class=\"row-2 even\">\n<td class=\"column-1\"><img class=\"aligncenter size-full wp-image-1178\" src=\"https://justforex.com/blog/wp-content/uploads/2016/05/investopedia.png\" alt=\"investopedia\" width=\"150\" height=\"35\" data-lazy-loaded=\"true\" /></td>\n<td class=\"column-2\"><a href=\"http://www.investopedia.com/\" target=\"_blank\" rel=\"noopener\">Investopedia</a></td>\n</tr>\n<tr class=\"row-3 odd\">\n<td class=\"column-1\"><img class=\"aligncenter size-full wp-image-1179\" src=\"https://justforex.com/blog/wp-content/uploads/2016/05/forex-trading.png\" alt=\"forex-trading\" width=\"150\" height=\"44\" data-lazy-loaded=\"true\" /></td>\n<td class=\"column-2\"><a href=\"https://www.dailyfx.com/\" target=\"_blank\" rel=\"noopener\">Dailyfx</a></td>\n</tr>\n<tr class=\"row-4 even\">\n<td class=\"column-1\"><img class=\"aligncenter size-full wp-image-1180\" src=\"https://justforex.com/blog/wp-content/uploads/2016/05/babypips.png\" alt=\"baby-pips\" width=\"150\" height=\"34\" data-lazy-loaded=\"true\" /></td>\n<td class=\"column-2\"><a href=\"http://www.babypips.com/\" target=\"_blank\" rel=\"noopener\">Babypips</a></td>\n</tr>\n</tbody>\n</table>\nMost traders hold active discussion and share their experience on the following forums:\n<table id=\"tablepress-21\" class=\"tablepress tablepress-id-21\">\n<tbody class=\"row-hover\">\n<tr class=\"row-1 odd\">\n<td class=\"column-1\"><img class=\"aligncenter size-full wp-image-1252\" src=\"https://justforex.com/blog/wp-content/uploads/2016/05/dcp.png\" alt=\"dcp\" width=\"150\" height=\"68\" data-lazy-loaded=\"true\" /></td>\n<td class=\"column-2\"><a href=\"https://www.digitalcashpalace.com/\" rel=\"noindex, nofollow\">Digitalcashpalace</a></td>\n</tr>\n<tr class=\"row-2 even\">\n<td class=\"column-1\"><img class=\"aligncenter size-full wp-image-1253\" src=\"https://justforex.com/blog/wp-content/uploads/2016/05/earnforex.png\" alt=\"earnforex\" width=\"150\" height=\"31\" data-lazy-loaded=\"true\" /></td>\n<td class=\"column-2\"><a href=\"http://www.earnforex.com/\" target=\"_blank\" rel=\"noindex, nofollow noopener\">Earnforex</a></td>\n</tr>\n<tr class=\"row-3 odd\">\n<td class=\"column-1\"><img class=\"aligncenter size-full wp-image-1255\" src=\"https://justforex.com/blog/wp-content/uploads/2016/05/forextips.png\" alt=\"forextips\" width=\"150\" height=\"52\" data-lazy-loaded=\"true\" /></td>\n<td class=\"column-2\"><a href=\"http://www.forextips.com/\" target=\"_blank\" rel=\"noindex, nofollow noopener\">Forextips</a></td>\n</tr>\n<tr class=\"row-4 even\">\n<td class=\"column-1\"><img class=\"aligncenter size-full wp-image-1256\" src=\"https://justforex.com/blog/wp-content/uploads/2016/05/donnaforex.png\" alt=\"donnaforex\" width=\"150\" height=\"65\" data-lazy-loaded=\"true\" data-essbisignore=\"\" /></td>\n<td class=\"column-2\"><a href=\"http://www.donnaforex.com/\" target=\"_blank\" rel=\"noindex, nofollow noopener\">Donnaforex</a></td>\n</tr>\n</tbody>\n</table>\nIf you like to learn new information and get to the truth, an individual Forex education is for you.\n<h3>Online courses from brokers</h3>\nDistance learning gains popularity. Forex brokers use online courses, webinars and mentors` services to teach their clients. The most available form of learning are webinars, i.e. online seminars. Any trader with Internet can take part in such online events.\nWebinars are popular due to:\n<ul>\n \t<li>Simplicity and availability;</li>\n \t<li>Opportunity to put questions to the webinar presenter via chat;</li>\n \t<li>Visual materials – video, screenshots, presentations, screen sharing;</li>\n \t<li>Participating is usually free.</li>\n</ul>\n<img class=\"aligncenter size-full wp-image-1304\" src=\"https://justforex.com/blog/wp-content/uploads/2016/05/study-trade-free.png\" sizes=\"(max-width: 800px) 100vw, 800px\" srcset=\"https://justforex.com/blog/wp-content/uploads/2016/05/study-trade-free.png 800w, https://justforex.com/blog/wp-content/uploads/2016/05/study-trade-free-300x167.png 300w, https://justforex.com/blog/wp-content/uploads/2016/05/study-trade-free-768x428.png 768w\" alt=\"Infografic about free trading education\" width=\"800\" height=\"446\" data-lazy-loaded=\"true\" data-essbisindex=\"6\" />\n<h3>Forex courses – in-class learning</h3>\nForex brokers often hold learning courses locally. Classes are led by professional traders. The course usually consists of lectures and practical training. Forex-coach shares his experience, gives advice, analyzes trades. Forex courses are considered to be very effective teaching method, assuming a real professional teaches you. High cost and location dependence are its main disadvantages.\n<img class=\"aligncenter size-full wp-image-1310\" src=\"https://justforex.com/blog/wp-content/uploads/2016/05/forex-courses-in-class-learning.png\" sizes=\"(max-width: 800px) 100vw, 800px\" srcset=\"https://justforex.com/blog/wp-content/uploads/2016/05/forex-courses-in-class-learning.png 800w, https://justforex.com/blog/wp-content/uploads/2016/05/forex-courses-in-class-learning-300x163.png 300w, https://justforex.com/blog/wp-content/uploads/2016/05/forex-courses-in-class-learning-768x418.png 768w\" alt=\"forex courses\" width=\"800\" height=\"435\" data-lazy-loaded=\"true\" data-essbisindex=\"7\" />\n<h2><strong>2. Choosing a broker</strong></h2>\nBrokers are intermediaries between a trader and market. Unfortunately, you cannot start Forex trading without them. Therefore, try to choose a reliable and honest company. How to do it? Look for independent ratings of Forex companies, read reviews on forums. Be careful – reviews and ratings are often made-to-order. Moreover, both positive (bought by broker) and negative (paid by competitor). Do not trust only one source.\nThe following parameters tell about the broker more objectively:\n<ul>\n \t<li><strong>Reputation.</strong> The experience of the Forex broker demonstrates its stability and reliability. But do not write off young companies – their trading terms are often more loyal.</li>\n \t<li><strong>License.</strong> Any company, providing financial services, should be certificated. If the broker is not subjected to one of the regulators, think carefully before signing up.</li>\n \t<li><strong>Trading terms.</strong> Look what trading accounts and terms are offered: leverage, spread, commission and initial deposit.</li>\n \t<li><strong>Software.</strong> Which trading platforms can be used in the company. Do they have mobile and browser versions? Are they easy-to-understand for beginner?</li>\n \t<li><strong>Support.</strong> Contact support team via chat or email to make sure of their courtesy, competence and awareness. Multilingual and around-the-clock support is always a priority.</li>\n \t<li><strong>Security and reliability.</strong> How to check it by yourself? Look at the URL address in your browser: HTTPS protocol is a good sign. If you use Chrome or Mozilla, the green lock to the left of the address bar is a proof of secure connection with the site (the site has a valid TLS/SSL certificate). This requirement is obligatory both for password entry and payment pages etc. Of course, it doesn't guarantee broker's integrity, but at least no one will intercept your data. It would be great, if the financial operations and password reset are supported by two-step authentication. Ask the support team to provide you with information about another client, as if he is your friend or relative – what will they answer?</li>\n</ul>\n<img class=\"aligncenter size-full wp-image-1312\" src=\"https://justforex.com/blog/wp-content/uploads/2016/05/choosing-broker-infografic.png\" sizes=\"(max-width: 800px) 100vw, 800px\" srcset=\"https://justforex.com/blog/wp-content/uploads/2016/05/choosing-broker-infografic.png 800w, https://justforex.com/blog/wp-content/uploads/2016/05/choosing-broker-infografic-300x173.png 300w, https://justforex.com/blog/wp-content/uploads/2016/05/choosing-broker-infografic-768x443.png 768w\" alt=\"Choosing a broker infografic\" width=\"800\" height=\"461\" data-lazy-loaded=\"true\" data-essbisindex=\"8\" />\n<h2><strong>3. Trading on a demo account – virtual Forex</strong></h2>\nEducated trader is good, but isn't enough It's only one step in 5 steps to trade on Forex for Beginners. You need practical experience. Where to get it for free? Open a demo account – Forex trading simulator. You choose a broker, open a demo/practice account, install trading platform and start Forex trading with virtual money. Demo trading is similar to the real. You trade under broker`s trading terms, make deals for the same quotations, learn the platform without investing your own funds.\nThere are 2 ways to open a practice account:\n<ol>\n \t<li>With registration – you open a demo account on the main page of the broker`s official website only after registration.</li>\n \t<li>Without registration – you open a demo account directly from the trading platform, or on the official website without registration.</li>\n</ol>\n<img class=\"aligncenter size-full wp-image-1317\" src=\"https://justforex.com/blog/wp-content/uploads/2016/05/virtual-forex-1.png\" sizes=\"(max-width: 800px) 100vw, 800px\" srcset=\"https://justforex.com/blog/wp-content/uploads/2016/05/virtual-forex-1.png 800w, https://justforex.com/blog/wp-content/uploads/2016/05/virtual-forex-1-300x178.png 300w, https://justforex.com/blog/wp-content/uploads/2016/05/virtual-forex-1-768x455.png 768w\" alt=\"virtual forex \" width=\"800\" height=\"474\" data-lazy-loaded=\"true\" data-essbisindex=\"9\" />\nOpen several demo accounts and compare trading terms of different brokers to be sure you find the right one.\n<h3>The reverse side of a demo account</h3>\nMany traders don't recommend demo trading. What are their arguments? The trader does not accept virtual money seriously and does not feel the emotions appropriate for the real trading. Imagine: you trade on a demo account, trade with profit, a large sum of money is already on your account. Go to a real account and all is lost – instead of profit you have a loss, instead of the deposit – big fat nothing.\nThe fact is that the price of virtual money is low, so we bear losses easily. The trader keeps calm and continues to trade even at unprofitable transactions. When real money is at stake, such emotions as greed, fear and excitement take place. In most cases, it is the reason why trader fails. How to reduce the risks?\n<ul>\n \t<li>Trade on a demo with a sum, which you will trade on a real account;</li>\n \t<li>Use the same trading terms;</li>\n \t<li>Make deals reasonably;</li>\n \t<li>Keep trading journal, correct mistakes;</li>\n \t<li>Do not stay on a demo account for a long time;</li>\n \t<li>Do not make trades of high volume on real accounts, even if you trade on the demo successfully;</li>\n \t<li>Follow money management rules.</li>\n</ul>\nRemember, successful demo trading does not guarantee success in the real trading. If you want to transfer successfully from a demo-account to a real one, read <a href=\"https://www.facebook.com/Forex-Trend-Indicator-Pro-1057735477692913/?ref=settings#\">following the link.</a>\n<img class=\"aligncenter size-full wp-image-1318\" src=\"https://justforex.com/blog/wp-content/uploads/2016/05/demo-rules-1.png\" sizes=\"(max-width: 800px) 100vw, 800px\" srcset=\"https://justforex.com/blog/wp-content/uploads/2016/05/demo-rules-1.png 800w, https://justforex.com/blog/wp-content/uploads/2016/05/demo-rules-1-300x196.png 300w, https://justforex.com/blog/wp-content/uploads/2016/05/demo-rules-1-768x502.png 768w\" alt=\"Demo account rules infografic\" width=\"800\" height=\"523\" data-lazy-loaded=\"true\" data-essbisindex=\"10\" />\n<h2>Step 4. Opening a trading account</h2>\nWhen beginner`s training is behind, it’s time to start Forex trading in real mode. To do this, you need to open a trading account on the broker’s website. The buttons and links for account opening are usually located in the most conspicuous places.\n<img class=\"wp-image-1319 size-full\" src=\"https://justforex.com/blog/wp-content/uploads/2016/05/cat-trader.png\" sizes=\"(max-width: 800px) 100vw, 800px\" srcset=\"https://justforex.com/blog/wp-content/uploads/2016/05/cat-trader.png 800w, https://justforex.com/blog/wp-content/uploads/2016/05/cat-trader-300x204.png 300w, https://justforex.com/blog/wp-content/uploads/2016/05/cat-trader-768x521.png 768w\" alt=\"5 Steps to trade on Forex for Beginners\" width=\"800\" height=\"543\" data-lazy-loaded=\"true\" data-essbisindex=\"13\" />\nThe account opening procedure is often combined with the registration. At this stage, the future customer should provide personal information. At least – name, email, phone number, address. Some serious companies may require even income level information. On one site you should provide minimum data, so you can start trading immediately. On the other site account should not be opened until you do not send a copy of the identity card and deposit your account with a certain amount.\n<img class=\"aligncenter size-full wp-image-1321\" src=\"https://justforex.com/blog/wp-content/uploads/2016/05/finger-print-1.png\" sizes=\"(max-width: 800px) 100vw, 800px\" srcset=\"https://justforex.com/blog/wp-content/uploads/2016/05/finger-print-1.png 800w, https://justforex.com/blog/wp-content/uploads/2016/05/finger-print-1-300x161.png 300w, https://justforex.com/blog/wp-content/uploads/2016/05/finger-print-1-768x411.png 768w\" alt=\"finger print\" width=\"800\" height=\"428\" data-lazy-loaded=\"true\" data-essbisindex=\"14\" />\nIf you are ready for serious trading – indicate correct personal information. The confirmation code/link may come to the email address or phone. Brokers do not process the withdrawal without the documents confirming person`s identity and place of residence.\nYou will understand the procedure in the course of registration. Everything should be intuitive. If not – write to the support desk. Trading account should be deposited, otherwise you can`t trade. The only exception is a non deposit bonus, which is regularly given by brokers in order to attract new customers.\n<h2><strong>5. Installing the platform</strong></h2>\nYou need a trading platform to start Forex trading – software that connects trader with exchange market. If you have been trading on a demo, you have already installed it. Forex offers a variety of terminals. There are most popular:\n<table id=\"tablepress-6\" class=\"tablepress tablepress-id-6\">\n<tbody class=\"row-hover\">\n<tr class=\"row-1 odd\">\n<td class=\"column-1\"><img class=\"wp-image-84 aligncenter\" src=\"https://forextrendindicatorpro.com/wp-content/uploads/2017/06/20170617_220844.jpg\" alt=\"Exness Meta trader4\" width=\"92\" height=\"40\" /></td>\n<td class=\"column-2\"><a href=\"https://www.exness.com/\">Exness</a></td>\n</tr>\n<tr class=\"row-2 even\">\n<td class=\"column-1\"><img class=\"wp-image-85 aligncenter\" src=\"https://forextrendindicatorpro.com/wp-content/uploads/2017/06/IC-M.jpg\" alt=\"\" width=\"121\" height=\"33\" /></td>\n<td class=\"column-2\"><a href=\"https://www.icmarkets.com/\">IC Markets</a></td>\n</tr>\n<tr class=\"row-3 odd\">\n<td class=\"column-1\" style=\"text-align: center;\"><img class=\"alignnone wp-image-86\" src=\"https://forextrendindicatorpro.com/wp-content/uploads/2017/06/FX-Pro.jpg\" alt=\"\" width=\"88\" height=\"28\" /></td>\n<td class=\"column-2\"><a href=\"http://www.fxpro.co.uk/\">FX Pro</a></td>\n</tr>\n</tbody>\n</table>\nWhat's worth special attention when choosing a trading platform? Good terminal should combine:\n<ul>\n \t<li>Multi-functionality – analytical tools, indicators; the possibility of algorithmic trading;</li>\n \t<li>Security – protection from unauthorized access;</li>\n \t<li>Availability – compatibility with operating systems and browsers;</li>\n \t<li>Mobility – mobile applications and browser-based versions of the platform;</li>\n \t<li>Speed;</li>\n \t<li>User-friendly interface.</li>\n</ul>\nThese settings can be tested only empirically.\n\nAll trading terminals can be divided into 3 groups:\n<table id=\"tablepress-24\" class=\"tablepress tablepress-id-24\">\n<tbody>\n<tr class=\"row-1\">\n<td class=\"column-1\"><img class=\"alignleft size-full wp-image-1226\" src=\"https://justforex.com/blog/wp-content/uploads/2016/05/mt4-mac-1.png\" alt=\"mt4-mac\" width=\"215\" height=\"153\" data-lazy-loaded=\"true\" />Traditional desktop platform – the most convenient and functional. A trader downloads terminal and installs it on the computer. But you may have difficulties with some operating systems.</td>\n</tr>\n<tr class=\"row-2\">\n<td class=\"column-1\"><img class=\"alignleft size-full wp-image-1227\" src=\"https://justforex.com/blog/wp-content/uploads/2016/05/mobile-platfom.png\" alt=\"mobile-platfom\" width=\"215\" height=\"170\" data-lazy-loaded=\"true\" />Mobile applications – a stripped-down functionality on the screen of the smartphone or tablet. The main advantage is mobility.</td>\n</tr>\n<tr class=\"row-3\">\n<td class=\"column-1\"><img class=\"alignleft size-full wp-image-1228\" src=\"https://justforex.com/blog/wp-content/uploads/2016/05/metatrader_4_web_trading_ru.png\" alt=\"metatrader_4_web_trading_ru\" width=\"215\" height=\"127\" data-lazy-loaded=\"true\" />Browser version of the platform (Web platform) – the most unpretentious variant. You can trade directly in the browser without installing any software. Nevertheless functionality is limited.</td>\n</tr>\n</tbody>\n</table>\nUse all three versions to keep abreast of your trades.\n<strong><em>Conclusion: You need to overcome 5 steps to trade on Forex for Beginners to become a trader (some of them can be ignored):</em></strong>\n<table id=\"tablepress-25\" class=\"tablepress tablepress-id-25\">\n<tbody>\n<tr class=\"row-1\">\n<td class=\"column-1\"><img class=\"alignleft size-full wp-image-1232\" src=\"https://justforex.com/blog/wp-content/uploads/2016/05/1.png\" alt=\"1\" width=\"145\" height=\"136\" data-lazy-loaded=\"true\" />1. Learn Forex theory: read books and articles on the Forex resources, communicate on forums, watch video tutorials and webinars, visit Forex courses;</td>\n</tr>\n<tr class=\"row-2\">\n<td class=\"column-1\"><img class=\"alignleft size-full wp-image-1239\" src=\"https://justforex.com/blog/wp-content/uploads/2016/05/2-1.png\" alt=\"2\" width=\"145\" height=\"133\" data-lazy-loaded=\"true\" />2. Choose a reliable broker: make personal ranking of brokers and compare their trading terms;</td>\n</tr>\n<tr class=\"row-3\">\n<td class=\"column-1\"><img class=\"alignleft size-full wp-image-1240\" src=\"https://justforex.com/blog/wp-content/uploads/2016/05/3-1.png\" alt=\"3\" width=\"145\" height=\"133\" data-lazy-loaded=\"true\" />3. Practice on a demo account: virtual trading will help to learn platform's functionality, test trading terms of each account type;</td>\n</tr>\n<tr class=\"row-4\">\n<td class=\"column-1\"><img class=\"alignleft size-full wp-image-1241\" src=\"https://justforex.com/blog/wp-content/uploads/2016/05/4-1.png\" alt=\"4\" width=\"145\" height=\"137\" data-lazy-loaded=\"true\" />4. Open and deposit a trading account;</td>\n</tr>\n<tr class=\"row-5\">\n<td class=\"column-1\"><img class=\"alignleft size-full wp-image-1242\" src=\"https://justforex.com/blog/wp-content/uploads/2016/05/5-1.png\" alt=\"5\" width=\"145\" height=\"135\" data-lazy-loaded=\"true\" />5. Install the platform and start Forex trading.</td>\n</tr>\n</tbody>\n</table>\nThe beginning of Forex trading is a painstaking process. BUT – long way to Destination starts with the first step. Some will start Forex trading easily, while others should pull their socks up. Many will give up and stop trading, someone will get a new hobby, and someone will quit work and dive into Forex. At last, the main idea is to enjoy the process. Please follow 5 steps to trade on Forex for Beginners and It might help you to be a real trader.\nWatch more video: Explanation of Terminologies in Forex trading\n<iframe src=\"https://www.youtube.com/embed/dJqayM7K-7c\" width=\"560\" height=\"315\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"></iframe>",
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