Talking about the ‘Micro Trading Account’ a spokesperson for the brokerage firm says that this type of account is suited for those who want to adopt a low risk approach towards investing.
London, UK (PRWEB) September 02, 2013
ForexMinute, a leading online portal for Forex brokers’ reviews, informs traders that they can now open several types of trading accounts with XE Markets. Apart from three major types of trading accounts e.g. Micro Trading Account, Standard Trading Account, Executive Trading Account; it also offers Islamic Accounts and Managed Accounts.
Talking about the ‘Micro Trading Account’ a spokesperson for the brokerage firm says that this type of account is suited for those who want to adopt a low risk approach towards investing. Here traders need to deposit just $5; thus, with a minimum investment, traders do not worry about losing a hefty amount trading Forex.
Regarding the ‘Standard Trading Account’ he says that it is more suited for the professional and more experienced traders. Features in this account type are similar to the ‘Micro Trading Account;’ however, traders can trade with a larger contract size. On the other hand, the ‘Executive Trading Account’ is the best option for the traders who want to take bigger risks for better gains.
The spokesperson for XE Markets says that the ‘Executive Trading Account’ enables traders to trade in larger volumes than the other two trading accounts discussed. Here they have to make an initial minimum deposit of $100,000.
It also offers demo account wherein traders can test out their trading strategies without having to risk real money. The brokerage firm offers $100,000 in virtual money to help traders try to simulate real trading conditions to learn the art of Forex trading.
ForexMinute, the world’s leading Forex news and views portal, has become a one-stop solution provider for Forex traders and brokers as well as Bitcoins news. It provides all the required tools to individuals to become a professional Forex trader. Also, it helps Forex brokers provide high-end user-friendly trading experience to traders with an array of resources e.g. financial news by the minute, fundamental analysis, technical analysis, Forex tools and others.
For more information, visit http://www.forexminute.com or call +1 800 758 5780.
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