When you execute a Forex trade, you are purchasing an amount of currency, termed a lot. The amount of currency in one lot depends upon the type of account you have. In a standard account, one lot is usually equal to U.S. $100,000; in a mini account, one lot is $10,000.But Forex trading accounts are leveraged, which means you dont have to own that expensive lot of currency; you just have to control it, and if you do, any profit it earns is yours. To obtain the right to co…

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