Learn the Basics of Forex Trading
Understand the ins and outs of currency trading and get a handle on the forex market.
Leverage and Margin
Leverage trading, or trading on margin, means you aren't required to put up the full value of the position.
Forex trading offers more leverage than stocks or futures - up to 50 times the value of your account. Of course keep in mind that increased leverage also increases your risk.
More Leverage Means More Opportunity - and More Risk
It's crucial to remember: increasing leverage increases risk. To limit downside risk, monitor your account regularly and use stop-loss orders on every open position. Placing contingent orders (such as stop-loss orders), will not necessarily limit your losses.