Pediainvest Forex makes it easy: Open an account for Forex trading. Choosing the right one for yourselfJohannes Röll 19 / February / 22 Visitors: 170
Forex trading is a popular way to become a participant in the intellectual exchange game. Opening an account in Forex is available for both individuals and legal entities. In order for your Forex trading to be successful, it is important to choose the right account and know what opportunities it provides.
You can use different types of Forex accounts and different schemes of working with a brokerage firm to achieve the best result and develop your own effective trading strategy.
There may be many moments, but don't worry, our Pediainvest.com specialists are ready to help.
You can register with a broker such as Pediainvest broker to get started on your trading journey, but before you start trading, check out what the experts give you.
Pediainvest Forex: Opening an account for an individual and a legal entity:
A real account on Forex makes it possible to withdraw money to bank accounts of individuals and legal entities. To open it, you need to go through a simple registration process, after which the trader will have access to his virtual office.
To open an account for a legal entity, you must provide the personal data of the account manager and electronic copies of the following documents:
- constituent documents;
- certificate of registration of a legal entity;
- confirmation of the powers of the head of the company;
- bank card with samples of signatures of authorized persons and a seal imprint;
- power of attorney for authorized persons.
- All documents must be translated into English with a notarized translation.
When opening an account, individuals are required to provide electronic copies of the following documents:
- Internal passport - two spreads - with personal data and a registration stamp.
Warning: the contracts or financial instruments offered for conclusion are highly risky and may lead to the loss of the deposited funds in full. Before making transactions, you should familiarize yourself with the risks with which they are associated.
All good forex brokers like Pediainvest allow clients to choose from a variety of options.
Pediainvest Forex Broker: Dealing Desk
Dealing Desk is an internal trading platform for clients of a brokerage company. Bidders do not know market quotes and are trading against their broker, who acts as a market maker. This allows novice traders to learn a lot before entering the open market.
Pediainvest Forex: NDD (Non Dealing Desk)
NDD is trading without the participation of a brokerage company, an abbreviation for Non Dealing Desk. Clients are brought to the open market automatically. The trader himself regulates the possibility of the broker's participation in the trading process. The minimum Forex account for working with this technology is an order of magnitude higher than for a cent one, and is usually $ 500. NDD technology is considered promising and is increasingly being used.
Pediainvest broker: Forex MAM accounts
Forex account management can be carried out by one trader representing the interests of several investors. This is called MAM technology. After the conclusion of traders' deals, profits or losses from them will be divided between the trader and investors in proportion to the size of their deposits. MAM is an abbreviation of the English term for Percentage Management Module. Forex MAM accounts are a convenient way to trade on the stock exchange by simply leaving your funds to an experienced trader using their proven trading strategies.
Pediainvest Forex Broker: Demo Account and Live Account for Trading
If you have never traded on an exchange and have little idea of this process, a Forex demo account will help you. It is also used by experienced traders. This is a kind of draft for your future foreign exchange transactions. This demo account is opened free of charge. Here you can learn the basics of trading, test a new strategy, evaluate the work of a broker. Having opened a no deposit account in Forex, you do not risk anything at all, it will only take time and desire from you to figure out the details. After the first acquaintance with the market with the help of a demo account, it makes sense to make a deposit and open a live Forex trading account Pediainvest Forex broker.
Johannes Röll was born 1978 in Brilon,Germany. Graduated RWTH Aachen University. Over the past ten years he worked as Head of the plastic card team, where he was mainly responsible for the development of the distribution, Head of sales Department and Financial Analyst,where he got experience in planning and support sales figures for branches. For the present he works as freelancer