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When you trade forex you buy and sell currencies, it is a fast growing market. Sign up for a risk-free demo account and trade forex 24/5

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In forex, it would be just as foolish to buy or sell 1 euro, so they usually come in “lots” of 1,000 units of currency (Micro), 10,000 units (Mini), or 100,000 units (Standard) depending on your broker and the type of account you have (more on “lots” later).

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Apart from the above mentioned, there are also several other advantages with online Forex trading as compared to the traditional brick and mortar way of trading Forex. One of these other advantages is the lower transaction cost that you will incur with your online Forex trading.

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The online forex aggregators earn revenue from listing fee and commissions from money changers and banks. “Money changers are charged a listing fee. Then there is a commission for every transaction.

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