Getting Started In Three Easy Ste[Steps

Open a Free Practice Account

How to Trade Your Demo: Use this time to make a plan.

• Choose the right currency pair. Find out based on your risk parameters, which currency is best suited for your trading style. Some may be too volatile and some to slow so decide which currency pair is most appropriate for your strategy and time frame.
  
  
• Decide on how long you plan to stay in a trade. If you are an inter day trader, what is the average time of your trade, few minutes, couple of hours a full day, swing trade (couple of days to a week).
  
  
• Before you enter a trade you should also have clear exit plan. Place your stops and limits accordingly.
  
  
• Know how much you are willing to risk and how much you are looking to gain
  
  
• Keep track of important news and technical levels, which may be tested within your time frame.

Research The Market

The major world currencies are easier to research than individual stocks or future contracts. The major financial papers and websites, such as the Wall Street Journal, Financial Times, and Bloomberg, all publish articles on the currency market every day. However, TWS Financial, LLC has made researching and developing trading ideas even easier.

FX Mini Account

Many people are interested and excited by the idea of trading currency. However, they don't want to risk a large amount of money. The FX Mini Account is ideal for the trader that is new to the currency market. With as little as $250 you can open a FX Mini account and begin trading.