I decided to open an AAFX Trading demo account and...
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A Alaa Al-Hamdan
Aug 28 2021
Account Number: (21458896572xxx)
I decided to open an AAFX Trading demo account and have been trading for 2 weeks now. To be honest, I like the MT5 trading platform and there is a really large selection of trading assets. I think I have already learned how to trade and now I want to open a real AAFX Trading account.
I know that there are several types of accounts. Tell me, what type of account should I choose now?
F Felix Krüger
Sep 13 2021
Alaa Al-Hamdan:
Most forex traders tend to trade in stable conditions. That is why fixed spread advertising looks the most attractive to them. I would advise you to start with a Fixed account with fixed spreads. Using a fixed spread offers some very important advantages for trading currencies and other financial instruments. For example, the standard fixed spread for the main currency pair EUR / USD these days is considered 2 points. In this case, even a beginner trader can easily calculate the profit to be gained from a successful transaction and more precisely determine the stop-loss and take-profit levels according to the support and resistance. Nothing will change, after all. It is especially nice to deal with fixed spreads when you trade on pending orders or use intraday trading strategies based on opening a large number of short positions and closing them with a small profit.