The ultimate goal of any training is to teach how to do without the teacher. This holds true in any field of human activity, financial markets are no exception. Still, in order to join the industry’s best, it is necessary to go deep into the specifics of financial markets learn their basics and essence as well as many other things. These are needed to build an efficient trading strategy that would make it possible to make decent trading decisions in order to put the odds in your favor. Eventually, this will allow you to win in the long run, which is obviously the ultimate goal of trading.
Forex Training
Apparently, those beginners that come to Forex in order to become winning traders ask the same question: is it possible to turn into a winning professional without a teacher? Technically, it is possible. Still, this is definitely the longer way to success since it will require a whole sea of time, effort and even money. Mistakes will definitely be much costlier while the path itself will be harder. At the same time, you may well fail to notice some key factors determining market behaviors and the very essence of successful trading.
I seriously doubt that Lionel Messi, Cristiano Ronaldo, Serena Williams, Victoria Azarenka or other outstanding sportsmen would have become superstars without a teacher, an instructor a mentor…
Trading is no different. Professionalism requires experience, decent skills and psychology. When you start learning Forex trading, it is vital to choose professionals as mentors.
Which Brokers Offer Decent Training Opportunities?
Apparently, these days all broking companies offer their own training programs – webinars, training videos, textbooks etc. Still, not all of them are comprehensive. Actually, most of them teach you only the ABC of Forex trading, which is not enough to become a winning trader.
Solid fundamentals are vital for efficient training. More often than not, beginning traders have difficulty finding decent training courses on their own. Market Leader has dedicated this article to one of those broking companies that offer comprehensive training opportunities for those who are making their first steps in the forex environment.
NordFX – Comprehensive Training For Successful Career
According to the management of NordFX, trader and investors’ interests have always been some of the key priorities for the company. They are perfectly aware that the client-oriented approach is a key to long-term success in the highly-competitive trading environment. That is why NordFX is constantly focused on innovation and development.
NordFX was one of the pioneers of micro-trading, i.e. it introduced cent accounts to let beginners with small trading capital train and trade in a real trading environment instead of training on demo accounts.
It also revolutionized the trading industry by introducing the “Welcome!” type of live accounts. This type of accounts allows traders to use the company’s money to trade Forex without the necessity to deposit their own funds.
Another major breakthrough is the introduction of Currensee Trade Leaders™ Investment Program.
http://nordfx.com/currensee_account.html
By opening a Currensee account in NordFX the client gets a unique opportunity to invest on the Forex market and use the Trade Leaders™ Investment Program – a unique auto-trading service that allows clients to follow and automatically execute trades of top Currensee traders called Trade Leaders.
How does it work?
1. Currensee delivers to you a select network of emerging foreign exchange managers, called Trade Leaders, based on their performance and risk;
2. You select Trade Leaders, add them to your portfolio and control your asset allocation;
3. Currensee automatically executes the trades of your Trade Leaders in your account*;
4. Evaluate performance results.
*The client has full control of his Currensee account, including automatic and independent (manual) trades.
Trading terms:
$1000 minimum deposit;
44 currency pairs, gold, silver;
Spread from 1 pip;
Credit leverage up to 1:200**;
Minimal lot 0.01;
Maximum lot 50, step 0.01;
Maximum volume of positions - no limits;
Maximum number of open positions and pending orders - no limits;
Levels of margin call/stop out 40%/20%***;
Service Fee 0.1667%****;
Success Fee 20%*****.
**For metals the margin is 1% regardless of the leverage.
** *An hour before market closing margin call/stop out levels can be increased up to 200%. Please be careful with positions that you leave for the weekend.
**** Monthly Software Service Fee equal to 0.1667% (annualized at 2%) of account balance.
***** Signal Results Fees - 20% of all gains made in a given month by any individual Trade Leader on the account using a high water mark practice.
