Quote:
Originally Posted by stocktrader23
Go to www.oanda.com
The margin maxes out at 50:1 instead of the normal 200:1 or crazy ass 400:1 BUT you can trade as little as 1 unit. A real mini forex requires 10,000 per contract.
This lets you play in the real market with pennies, 1 unit usually takes a fraction of a cent to pennies to buy, depending on the pair.
There is a forum there if you want to learn more from beginner all the way up to pro.
The only way to get the hang of it is to dive in and see how things work. This will allow you to do so without risking $5000.
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I would second oanda.com...if I ever were to get into forex myself, that'd be where I'd do it just from looking around, plus my dad and bro have at times gotten into it and they had good experiences there.
That aside, I've had and sold nice forex domains so I like forex even though I've never traded in it, lol.