forex questions?
When I open an forex account of $1000, does it mean that I have to use leverage in order to start a trade, because the minimum amount that you can trade is 0.1 lot.
Also, what is the 10 most important economic indicators that will affect the currency.
The Answer by Livermore :
Some brokers allow you to trade "micro lots". In this kind of brokers you can trade the minimum of $1000 per trade. So, if you don't want to use any leverage this is a good choice for you.
Most brokers don't offer micro lots. They have just mini lots, and in this case you'll always use leverage if you have $1000 in your account.
Most beginners lose money because they use too much leverage, so it's great to see that you're careful about this point.
