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The first steps of the trader
November 6, 2018 - umarkets
Brokers benefit from spreads – this is a commission for foreign exchange transactions. Make
sure that the broker you have chosen does not have high spreads (starting from 2 pips)
because each pip is your profit. An important criterion for decency of a broker is the absence of
a fee for making a deposit or withdrawal of funds. The broker must also provide security and
confidentiality guarantees in respect of personal data and bank details of traders.
Registration on the online platform. The platform for trading gives an opportunity to carry out
transactions in the Forex market. First you need to register on the platform, carefully filling out
the forms with the personal data of the trader. At the end of registration, the requisites for
making a deposit will be available.