It is possible to open a micro forex trading account with only a tiny sum of money these days. In fact at the time of writing, you can start with FXCM with just $25. But are you likely to make money (any money) with such a minute balance?
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Forex hedging is a situation where you carry two offsetting positions in your account to lessen your risk in the event that things go against you. In brief, that means that you enter into a second trade in order to protect an existing position from negative events. |
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