Rezeki Su4mi Dapat Binl Lawa Ala2 Model Tapi Satu Malam Su4mi Terkejut Bila Terdengar Sesuatu Dari Bini Dastan From time to time, forex trading is increasingly touted as an easy and fast way to earn income online. However, actually investing in the online forex trading business will require a lot of knowledge about the basics and strategies, following experience and a strong mentality. Understanding what forex is is a step that must be done before actually investing funds in it. Fortunately, there are currently many ways to learn forex and practice how to play forex for beginners without capital. By listening to learning materials from the internet and taking a variety of ways to play forex for beginners without capital, we do not need to spend a lot of money when it is still in the initial stages. In addition, everything can be done anywhere and anytime, provided we have an internet connection and adequate devices. How to? Well, on this occasion Forex Indonesia will present a review of what forex is, as well as tips on how to play forex for beginners without any capital. What is Forex? Forex is online forex trading without physical exchange. Forex is different from Money Changer where currencies are exchanged directly with other currencies in cash. In forex trading, currencies are traded in pairs (for example), for example EUR / USD, GBP / USD, USD / JPY, and others. Thus, the term "buy" in this pair is in practice "buy euros and sell dollars at the same time". Conversely, "sell" means "selling Euros and buying Dollars at the same time". This pattern of trading allows forex traders to benefit both when the value of a currency rises (strengthens) and falls (weakens). Very unique, is not it !? In order to become a trader and participate in benefiting from changes in exchange rates of world currencies, we first need to open a trading account and register through a forex broker. The broker will connect the trader with the market. After registering and depositing sufficient capital, we can make buying and selling transactions online via the forex trading platform provided by the broker. In the past, forex trading opportunities like that were only limited to millionaires and rich people. However, the development of financial and telecommunications technology has created various facilities, so now anyone can start forex trading with any capital. Playing forex for beginners without any capital can be done. In addition, there are many advantages of forex. Among them: Forex trading is done online, using a PC, laptop or smartphone. So, we can trade anywhere, as long as there is a stable internet connection and already have a forex trading platform software or application. Forex trading does not need to provide millions of funds, because forex brokers have provided leverage facilities. For example, for example if the leverage is 1: 100, then the trader only needs to provide funds of 1 dollar to be able to trade worth 100 dollars. In fact, brokers are now working to promote their services by providing free trading trading accounts. That is, we only need to register, then can immediately play forex without any capital at all. Forex trading does not require academic qualifications or specific work backgrounds. No matter whether we are only high school graduates, scholars, or housewives, everyone can trade forex, provided they want to study forex diligently. We can also pursue trading as a side job to earn extra income, while working in the office as the main livelihood. Basically, forex trading seeks to benefit from changes in exchange rates between currencies of the largest countries in the world. For example if you estimate the EUR / USD will continue to rise, then we click the Buy button and place an order. If the graph is really moving up and down, then we will benefit. Conversely, if you estimate the EUR / USD will continue to fall, then we click the Sell button and place an order. If the graph really goes down, then we will profit. Thus the basic theory of forex trading. It looks very easy and simple. However, the decision to Buy or Sell cannot be taken based only on a hunch. Note that if the graph moves in the opposite direction of the forecast, then we can lose money. Just like other businesses, forex trading has the potential for profit and loss risk. In order to increase profit opportunities and reduce the risk of loss, everyone should prioritize learning and practicing. Included in the agenda is learning how to play forex for beginners including learning the basics of forex trading, technical analysis, and fundamental analysis. What are the basics of forex trading will help beginners understand the terms encountered when facing the platform, while technical analysis and fundamental analysis help to make precise estimates before Buy or Sell orders. Learn Forex Without Capital For Beginners While still in the learning phase, you should take advantage of a demo trading account (Demo Account) provided by the broker for free. The following three steps can be taken: 1. Prepare a forex learning tool Prepare a PC / laptop or smart phone based on Android / iOS, and a pretty good internet connection. If you don't have a PC or laptop at all, you can use the internet cafe for a while. However, for the long term, it's better if you have your own device, because the loan gadget will be very vulnerable to hacked by irresponsible parties. Also make sure you have an active email address, because the broker will often send confirmation and transaction reports via email. 2. Choose a forex broker Visit the site of one of the forex brokers. In order to learn how to play forex for beginners, you can actually choose any broker. However, it is better to choose a forex broker that does not specify minimum capital requirements that are too large. In addition, make sure the forex broker has official permission from an authorized institution (regulated forex broker). 3. Open a demo trading account After choosing a particular forex broker, register yourself or open a demo trading account (Demo Account). This is a trading account that contains virtual money (not real money), but allows us to see the actual market conditions. Demo trading accounts are designed as a learning medium for beginners, so registration is free and does not require all sorts of conditions. Just click the register demo account button on the broker's website, then fill out the form provided. After registering, the broker will send a verification and notification email to your email. Just follow the process, until you get a link to download trading software, usually called Metatrader. 4. Download the forex trading platform From the link provided by the broker, download and install the software to your PC / laptop or gadget. This is one reason why it would be better if you have your own device; because of course it will be troublesome if you have to download and install every time you change devices, right !? Use the ID and password that the broker has sent to your email address, to enter the trading software. Now, through trading software, we can see and analyze the movements of currency exchange rates that are presented in graphical form. For example the chart on the EUR / USD currency pair moves up, then that means the Euro is strengthening against the US Dollar. Meanwhile, if the EUR / USD moves down, it means the US Dollar is stronger against the Euro. Here you can understand what forex is by watching for yourself price movements on the international market. Generally, forex brokers allow traders to take advantage of demo accounts without a certain time limit. If the virtual funds in the demo account have run out, you can also submit an application through Customer Service (CS) or Live Chat broker to refill the funds. So, a demo account is an important means of learning forex without capital for beginners. How To Play Forex For Beginners Without Capital Do you feel satisfied practicing on a Demo Account and want to try real trading? It's time to use the forex playing facility without capital provided by forex brokers. However, because not all brokers provide this facility, it is necessary to search the internet first and select which options will be taken. Usually, providers of forex play facilities without capital are only certain forex brokers who are holding bonus promotions without deposits or demo trading contests. You can choose one or both of them to get free forex trading capital: No Deposit Bonus (Bonus Without Deposit) No Deposit Bonus is a bonus fund in the form of real money given by the broker directly after we register or open a trading account. However, these funds are provided specifically to be used to play forex, so it usually should not be withdrawn. If we have traded with these funds and made a profit, then the profit can be withdrawn. Big No Deposit Bonuses from brokers vary from $ 1 to $ 100. It is very small, but not bad for trying forex trading. How to register a free account to get a bonus without a deposit is usually the same as opening a regular forex trading account. However, there is one thing you need to consider before participating in the promotion do not forget to read the terms and conditions (Terms & Conditions). Many bonus promotions without a deposit are accompanied by certain time limits or conditions that potentially make it difficult for you to withdraw profit later. You must know these conditions first so you don't feel disappointed later on. Demo Trading Contest The Demo Trading Contest is a forex playing contest that can be done through a demo account, so it doesn't require any capital at all. We just need to register, then try to win the race by processing virtual funds to get the biggest profit. Usually, the top five will get a cash prize. The cash may not be withdrawn, but the winners can certainly trade again. Big prizes range from $ 20 to $ 2000, so it is very suitable as an alternative way to play forex for beginners without capital. To enter the contest, we only need to open a demo account. After winning the trading contest, then the broker will ask us to create a real account (Real Account). Some forex brokers also provide special prizes in the form of opportunities to travel abroad or additional prizes in the form of merchandise for finalists in the competition. This is a golden opportunity for you to gain wider experience about the world of forex trading without having to spend any money After reading this long article, of course you know there are a variety of easy alternatives to learning what forex is, even without capital at all. It's just that, to be successful it still requires perseverance and persistence. There are no instant success traders; all of them need to learn step by step and never give up even though one time loses. Losses are a natural part of the learning period. The key to success can be found in between these losses, precisely lies in your persistence and expertise in managing trading systems and capital management. If you are able to manage the account and capital well, keep learning from the trading experience that has been done, then the occasional loss can be ignored because long-term profits will be able to surpass it. In fact, there is no successful trader who suddenly multiplies profit immediately. They all never fall and fall in this business, but never stop learning forex until then find the right ingredients to reach success. We all can achieve it with unyielding spirit. Related Posts