Course Details

Question & Answer

• 01

  How can I start trading Forex?

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  To start trading Forex, begin by enrolling in one of our educational programs at Forexism. We offer beginner, intermediate, and advanced programs designed to match your experience level. Our structured curriculum covers market fundamentals, technical and fundamental analysis, risk management, and live market execution. You'll learn from expert mentors who provide personalized guidance throughout your trading journey.

• 02

  How much money do I need to start?

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  The amount of money needed to start forex trading depends on your chosen broker and trading goals. Many brokers offer micro accounts that allow you to start with as little as $50-$100. However, we recommend starting with at least $200-$500 to have sufficient capital for proper risk management. At Forexism, we teach you essential risk management strategies to protect your capital.

• 03

  What is margin?

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  Margin in forex trading is the collateral or deposit required by your broker to open and maintain a trading position. It's expressed as a percentage of the full position size. For example, if your broker requires a 1% margin, you need $1,000 to control a $100,000 position. This allows traders to leverage their capital, meaning you can trade larger positions than your account balance. However, leverage amplifies both profits and losses, so proper risk management is crucial.

• 04

  Can I lose more than I invest in Forex?

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  With proper risk management and the use of stop-loss orders, you should never lose more than your account balance. However, if you don't use stop-loss orders and your account goes into negative balance, some brokers may hold you liable for the loss, though many brokers offer negative balance protection. At Forexism, we emphasize the importance of always using stop-loss orders on every trade to limit potential losses.