What Does The “margin” Mean In The Context Of Fx Trading?
margin means trade using brokers money, so you only pay small amount to controll large position.
margin means trade using brokers money, so you only pay small amount to controll large position.
hi prince,
nelly is right. in forex trading, margin refers to the required deposit to open an account. you may refer to this site for more info. they have the following required deposit- mini($100), gold($500), platinum($5K) and vip($10K). meantime, register to download a Free Forex Ebook as well as a Free Demo account so you can practice virtual forex trading. you can also browse the site for more learning articles and materials to help you understand the terminologies and tools used by all forex traders. all the best.
Margin is the cash deposit demanded by the exchange (or broker) from a market participant to indicate good faith and to minimise their credit risk.