In order to start making a deal in this market, we need an entity that will act as an intermediary in the execution of our orders. This is done by forex brokers, for example instaforex instaforex , which allow you to make transactions on the Forex market.
There is a small nuance, brokers do not take players directly to the exchange, because due to too small amount of transactions it is not possible to quickly create orders for transactions. They simply conclude contracts with liquidity providers (currency), so that they can conduct internal trades with the withdrawal of funds. In this case traders are not playing against each other but against the broker, which provided them access to the exchange. That is Forex, similarly to other games against institutions, is a mathematical model created for guaranteeing profits to its owner. Start with day trading and study if possible https://forexstore.com/smart-scalper-pro to understand how the mechanisms work. In such an environment, traders' mistakes cost them more, but correct decisions are also rewarded many times over.
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