what is the lowest leverage for mini forex account?


Posted March 26th, 2009 by admin 2 Comments »
forex
aishah a asked:


i plan to open a mini account with USD 800. i plan to gain 15 pips in a day but i don’t want to use a very high leverage due to its high risk. what is the lowest leverage offered in mini account? from which broker?

Obscure FOREX traders are promising get rich quick returns, how legitimate are they?


Posted January 30th, 2009 by admin 4 Comments »
forex
papadeisabella asked:


Forex Traders promise high monthly returns and “stop-loss” provisions which suggest that you would never lose all of your money. On the other hand they talk about leverage which suggest that they will always have more to invest than they actually have and therefore all losses will be recovered. I have never heard of high returns and no risk, but this is what the so-called Forex traders are advocating. Is this some kind of scam?