Aarthi181099 (1)

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Forex Account Types

• website https//fidomarkets.com/

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Forex Account types

• Based on how a person intends to trade, numerous
  types of Forex accounts are available today. When
  it comes to dealing with Forex, not everyone has
  the same aims, techniques, or skills.
• As a result, it's only natural that they'll
  select an account that corresponds to their
  current financial situation. As a result, these
  are the various sorts of brokerage accounts
  available in the market.
• This is the most frequent type, and it allows for
  the trading of standard-sized lots of 100,000
  units or less.
• Most beginner traders avoid the standard account.
  Those who use the conventional type can submit
  proper orders and thus earn a decent quantity of
  money by trading properly.

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STANDARD ACCOUNT

• This is the most frequent type, and it allows
  for the trading of standard-sized lots of 100,000
  units or less.
• Most beginner traders avoid the standard account.
  Those who use the conventional type can submit
  proper orders and thus earn a decent quantity of
  money by trading properly.
• This account has a lesser size than the standard
  account. The units are usually based on a base
  currency of 10,000.
• They are primarily used by a trader who is
  inexperienced with the system and wants to trade
  without risking more than necessary.
• Professional Traders utilize this to train with
  different signals and market fluctuations. It's
  worth noting that not all brokers offer Mini
  Accounts.

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MINI ACCOUNT

• This account has a lesser size than the standard
  account.
• The units are usually based on a base currency of
  10,000. They are primarily used by a trader who
  is inexperienced with the system and wants to
  trade without risking more than necessary.
• Professional Traders utilize this to train with
  different signals and market fluctuations. It's
  worth noting that not all brokers offer Mini
  Accounts.

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MICRO ACCOUNT

•  
• This account is far less expensive than the Mini
  Forex account, and it is frequently chosen by
  people with limited financial resources who
  want to begin trading.
• Micro Accounts normally start at 1,000 units and
  are only available through a few Forex brokers.
  Micro Accounts are preferable for beginner
  traders than Mini Accounts.

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DEMO ACCOUNT

• Traders who want to open an Online FX account
  with any brokerage should first use their demo
  account before signing up for a live
  trading account.
• The demo will provide people with a good idea of
  how the forex market and brokerage works and
  whether the situation meets their requirements.
• Fido Markets is an Online Broker which provides
  traders with multiple online FX trading accounts
  to suit the requirements of all traders.
• It provides trading accounts such as Premium,
  Classic, and Swap-Free accounts.

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ADDRESS

• Company Name Fido Markets Ltd
• Address
• 20-22 Wenlock Road, London N17 GU
• United Kingdom.
• Contact Details 44-7418362858