For Beginners

In order to become a competent participant of FOREX market, i.e. a professional trader, it is necessary to pass through inevitable stages, acquiring the skills and knowledge which are essential for working on FOREX.

To be a novice trader - does not mean to incur losses. Owing to the fact that the accounts of InstaForex do not have limits to the volume of minimal lot, you can start working with any sum, having the opportunity to reduce risks. Getting more experienced, you expand the volume of trading operations, thus increasing risks as well as the opportunity of collecting higher profit.

1 Step. Training on DEMO-account.

Every person can open Demo account and learn how to operate the trading terminal and trading strategies for unlimited period of time and absolutely free. Even without having any idea about FOREX market you can try yourself as a trader, opening a DEMO-account. In spite of the fact that all deals on DEMO-accounts appear virtual and are not put on FOREX, you have exactly the same conditions as on live accounts. On a DEMO-account a trader can conduct deals as if he or she were trading on a real account.

No matter how many questions arise, you can try to find the answers working on a DEMO-account, without risks and having the opportunity to open any number of such accounts totally free. Moreover, 24/5 support department is available by ICQ, chat, telephone or e-mail.

2 Steps. Trading on the live account.

Having got the hand in working with terminal and learning the main trading strategies, you can try yourself on the real account, limiting your risks. Owing to the absence of limits on minimal deal’s volume you can trade according to the principle "risk=profit", when you define the volume of your investments.

Working on a live account lets you understand and learn more in comparison with a DEMO-account, no matter how seriously you take the virtual trading. Working with real, even minimal funds, you start to feel the connection between your profit and currency movements. This experience is very important for raising to the next level of trader’s development.

3 Steps. Professional work.

Having obtained the necessary knowledge, a trader is able to work independently on the currency market, using his own or borrowed trading strategies for collecting profit from currency movements. A professional trader develops the style of his trading and chooses the instruments which are more suitable for his strategy.

Not all new coming traders are able to reach this level, but InstaForex Company guaranties that our team bends every effort in order to help each client to go forward and get professional support if any problems arise.