People in Indonesia is much more familiar than the Forex currency words, although ' in fact the same. Here is an explanation of what it is and how to play online forex currency for beginners.
The word means currency exchange or foreign currency. Forex Trading is the buying and selling foreign currency on the foreign exchange market through a broker using the software metatrader to make a profit.
forex trading is almost similar to trafficking in usual activities, the difference is recognized in forex trading you do not hold physical currency transactions. All transactions are recorded in the books.
Source profit in business or play the currency trading business is the same as the difference between the transaction price. The rule is:
So playing forex, we can enjoy the price up or moving down prices, as long as her SELL correctly or BUY. Hence the game currency can provide a rapid return because they do not have to wait for prices to rise at best, and have a huge risk anyway that I could make a loss in a faster time than that ordinary commercial.
to be able to play the exchange or forex trading, we have to go through a broker who is the list of forex brokers how to create a trading account. why have to go through a broker? Because the forex market is limited to the Interbank or network between large banks such HSBC, UBS and Barclays, which is connected by a system called BES and Reuters where this great interbank buying and selling of another money. Not all parties can enter or access to Interbank, which can access only one of them is the broker.
Essentially, the broker is the exchange trading services provider for over retail or individual. As the position you as a forex trader:
So to be able to play forex, the steps you have to do is:
1. list of Forex brokers
stage this list is the step to create a trading account. This trading account function is to raise capital and the proceeds of the transaction.
In forex broker Where do we sign up? We recommend the best broker in Asia in 2012, 2013 and 2014 are widely used by the Indonesians. Here's how the list:
1. First, open the entry form. Please click the below button open form
In addition, please fill out the form of the FBS list . load path as in the example shown below, for the selection of types of accounts like this:
account type select Microphone, input full name, create a password to access the personal space (password length of at least six characters and numbers and letters use only) , then enter the e-mail, enter your mobile phone number, check the customer's agreement, and then click account Open
do not forget to save the personal password that area on paper to not forget
as in this example a complete list of FBS :.
2. Once you click the button Open Account Please open your email and see if there has incoming email from FBS. In an email confirmation that there is a code
3. Enter the confirmation code in the fields FBS registration form and click the button to open immediately accounts again
4. FBS registration process has been completed, now the real account FBS finished, please note the removal of commercial capital account number, password and trading PIN
5. Now, try logging out and logging in again to personal space to see if the record has been really successful
Click on the menu next to your name (top) and select Logout
6. at the login form that appears, enter your email and personal password box, and then click the plus sign
7. This is the personal display area of the page, where will you audit the accounts, deposit capital and the withdrawal of capital
Now every time you want to log in area pesonal, type in the browser my.idnfbs.com
2. currency audit
After trading account / foreign currency accounts and then verify that the account does not know who owns it, so you are free to to the capital injection and withdrawal of capital without any restrictions.
verification step can actually be skipped because it was not urgent, important to check the account currency before any withdrawal of capital.
How to check the currency of account may read HERE
3. Install Metatrader
Because forex trading or the game is via MetaTrader, so if you first please install metatradernya. Mattrader files can be downloaded from the broker's website to download for Android Playstore. Playstore Search "metatrader" then please install MetaTrader 4 is simpler.
a full explanation of how to install MetaTrader can read HERE
4. Deposit Capital
the term commonly used to inject capital into foreign currency trading activities are strong. Deposits can be made by bank transfer by bank account BCA, BNI, Mandiri and BRI either through ATMs, mobile banking or Internet banking.
how to inject capital into the account currency could see HERE
5. Main currency
This is the heart of the foreign exchange process is playing its currency. Play money is in metatrader. Main Sequence how to play proper forex namely :. Login to MetaTrader then do the analysis, transaction, stop losses of pairs and take advantage
This is an example of how to play the currency:
1. please connect to MetaTrader, Way click the File menu, select Account Sign trade
2. Put trading account number and password, select the actual FBS server and click the Connect button
(you can check the information box Save account so that each MetaTrader during the time of execution, it will automatically connect without negotiation must include account number again)
3. According to the analysis, forecasting what direction the list next whether up or down.
In the example below, we predicted graph is decreasing, therefore, have to do is open a sales position, is to click on the New icon on the Order toolbar
4. once the order form appears, change the volume and click on sale by the market (red)
5. once the command is executed successfully, click OK
Note that each time you make a transaction, the column of profits less direct result, it was for their commissions Propagation / broker. So in Forex trading we pay a brokerage commission on each transaction. The amount of commissions between 1-3 pips
6. Then we wait for the result. If the amount of profit was considered, please close the position or to close Order
In the example above, the initial capital is 15, $ 95 and profits were $ 5.1
7. to close the position, how to make an online order data right click and select Close order
8. When you close the first, appear agreement one click Trading, please check and click OK
9. Next repeat -click and select the right data line control Close more
10. After closing the command is successful, the command line data will be lost and the balance / balance will change.
11. To view transactions that were made, click the Account History tab
This is an example of how to play forex, please try. You can practice playing the forex demo account
First, because the currency of the game presents a high risk despite the potential as well, so you must use the size of the transaction volume / lot in small amount first.
Congratulations play forex ...