Since Forex prices move very slowly (in terms of the actual change in value), you have to trade with a large amount of money in order to gain significant profit or loss. So, you may trade with the 100,000 lot size which is the standard lot size for most brokers.
Let’s consider, with the 100,000 standard lot size for currency trading , you have got to be a millionaire to trade Forex, right? That’s why currency trading was, historically, consigned to huge corporations and the ultra-rich. However, regulatory modernization has allowed smaller traders to engage in Forex by allowing using of leverage.
Let’s consider, with the 100,000 standard lot size for currency trading , you have got to be a millionaire to trade Forex, right? That’s why currency trading was, historically, consigned to huge corporations and the ultra-rich. However, regulatory modernization has allowed smaller traders to engage in Forex by allowing using of leverage.
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