You may be asking how can forex brokers make money if they do not collect any fees. They can profit by spreads. Or resulting from the difference between Saraerd / ask price for a single currency and that is achieved thanks to the many funds that are traded in the currency markets. Fortunately, the currency markets is able to provide foreign exchange trading service for twenty-four hours this way, competition will be realized in the day and night, without worrying that there are huge differences in prices.
Once you decide to enter and learn how to trading in the foreign exchange market, always remember that practice makes the novice professional, one of the best ways to get a sense of the market and gain a skill trade. No one wants to have this experience with his own money fixed, and this is why the creation of many of the brokers for an innovative idea that will eliminate all the risks while trading forex. This method is called in the simulation trading or paper trading, and an easy and simple. This program is a mirror image of the trading platform or trading systems in real time. The main difference is that they allow you to trade in the market just as you would if you invest in reality, but obviously without the worry of ongoing loss that lead to the loss of your money.
You can do by trading simulation program with a specific amount of money, usually about $ 50,000 dollars. You can try to determine the exercise price and the Question of intermediaries, and use their tools to analyze the various programs from your broker, the same thing they would do in a real account.
Of all these facts you can see that there are many advantages, without the need to make a lot of money, and if you decide to enter the world of Forex and Currency Trading Learn the basics of market behavior