Trade Forex

To start trading Forex with ForexCity:

1. 1. Open an Account: Sign up on our platform and complete the KYC verification process.
2. 2. Deposit Funds: Choose a secure payment method to fund your trading account.
3. 3. Access MetaTrader 5: Download https://forexcitypro.com/platform the platform on your device and start analyzing the markets.
4. 4. Learn and Practice: Use our demo account to practice trading before transitioning to a live account.

Trading with ForexCity is easy and tailored to suit traders of all levels.

You can start trading Forex with as little as $100, but we recommend funding your account based on your trading strategy and goals. ForexCity offers flexible account options to cater to all traders. Keep in mind:

1. • The more you deposit, the better you can manage risks.
2. • Leverage allows you to control larger positions with a smaller investment.

Always trade with an amount you can afford to lose, as Forex involves risk.

Margin is the amount of money required to open and maintain a trading position. It acts as a security deposit, allowing you to trade larger positions than your actual account balance. For example:

1. • If you trade with 1:100 leverage, a $1,000 position will only require $10 in margin.

ForexCity offers transparent margin requirements, which you can view directly in the MetaTrader 5 platform.

At ForexCity, we prioritize your safety. That’s why we implement a negative balance protection policy. This means:

1. • You cannot lose more than your initial deposit.
2. • If market volatility leads to losses beyond your account balance, ForexCity absorbs the difference.

Our goal is to ensure a safe and secure trading environment for all our clients.

Leverage allows you to control a larger position size with a smaller amount of capital. For example:

1. • With 1:100 leverage, you can trade $100,000 in the market with just $1,000.

While leverage amplifies potential profits, it also increases risk. ForexCity offers customizable leverage options to suit your trading preferences.

The spread is the difference between the bid (selling) and ask (buying) price of a currency pair. Lower spreads mean lower trading costs, which can significantly impact profitability, especially for frequent traders. ForexCity provides some of the tightest spreads in the industry, starting from as low as 0.0 pips on major currency pairs.

Like any financial market, Forex trading involves risks, including:

1. • Market volatility.
2. • Leverage amplifying losses.

At ForexCity, we help manage risks by offering:

1. • Negative balance protection.
2. • Educational resources to improve your knowledge.
3. • Risk management tools, including stop-loss and take-profit orders.

Yes! With ForexCity, you can trade anytime, anywhere using the MetaTrader 5 mobile app. The app is available on both iOS and Android, allowing you to:

1. • Monitor markets in real-time.
2. • Execute trades instantly.
3. • Access advanced charting tools on the go.

ForexCity offers a wide range of currency pairs, including:

1. • Major Pairs: EUR/USD, GBP/USD, USD/JPY, etc.
2. • Minor Pairs: EUR/AUD, GBP/JPY, etc.
3. • Exotic Pairs: USD/TRY, EUR/ZAR, etc.

Trade the pairs that match your strategy and take advantage of diverse market opportunities.