Forex trading account under 30

Regional restrictions:
we do not offer our services to residents of certain jurisdictions such as north korea, canada, spain, united states and some other regions.

No deposit forex bonuses

For more information, please refer to our FAQ page. Advice warning:
the information on this website is of general nature only, and the advice has been prepared without taking account of your objectives, financial situation or needs. Accordingly, before acting on the advice, you should consider the appropriateness of the advice having regard to your objectives, financial situation and needs, and after considering the legal documents.

Forex trading account under 30

Risk warning:
trading forex and cfds involves significant risk and can result in the loss of your invested capital. You should not invest more than you can afford to lose and should ensure that you fully understand the risks involved. Trading leveraged products may not be suitable for all investors. Before trading, please take into consideration your level of experience, investment objectives and seek independent financial advice if necessary. Please read our legal documents and ensure that you fully understand the risks before you make any trading decisions.

Advice warning:
the information on this website is of general nature only, and the advice has been prepared without taking account of your objectives, financial situation or needs. Accordingly, before acting on the advice, you should consider the appropriateness of the advice having regard to your objectives, financial situation and needs, and after considering the legal documents.

Regional restrictions:
we do not offer our services to residents of certain jurisdictions such as north korea, canada, spain, united states and some other regions. For more information, please refer to our FAQ page.

Vantage group of companies is authorised and regulated in various jurisdictions.

Vantage international group limited trading under vantage FX, is authorised and regulated by the cayman islands monetary authority (CIMA), securities investment business law (SIBL) number 1383491 and is registered at artemis house, 67 fort st, PO box 2775, grand cayman KY1-1111.
Email: [email protected]

Vantage global limited is authorised and regulated by the VFSC under section 4 of the financial dealers licensing act [CAP 70] (reg. No. 700271) and is registered at icount building, kumul highway, port vila, vanuatu.
Email: [email protected]

Vantage global prime pty ltd trading under vantage FX, is regulated by the australian securities and investments commission (ASIC), AFSL no. 428901 and is located at level 29, 31 market st, sydney, new south wales, 2000, australia.
For clients who onboarded via vantagefx.Com.Au
phone: 1300 945 517
email: [email protected]

Vantage global prime LLP is authorised and regulated by the financial conduct authority, FRN: 590299, and is registered at 7 bell yard, london, england, WC2A 2JR (company no. OC376560).
For clients who onboarded via www.Vantageglobalprime.Co.Uk
phone: +44(0)20 7043 5050
email: [email protected]

Forex trading accounts

Ideal for traders who want a traditional, spread pricing, currency trading experience

For traders who are seeking ultra-tight spreads with fixed commissions.

Not available on metatrader.

Recommended bal. $25,000, min. Trade size 100K

Trade the global markets with professional guidance and powerful trading tools

Global markets

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Integrated trade ideas

Premium third-party trader resources provided by trading central

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Powerful platforms

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Active trader

Active trader program

Cash rebates of up to $10/mil volume traded

Professional guidance from your own market strategist

Reimbursement of any bank fees on all wire transfers

Key benefits of FOREX.Com

When you open an account with us you'll take advantage of the security, stability and strength that you'd expect from a global leader in forex trading.

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Pricing means nothing without quality trade executions.

Try a demo account

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Account comparison

Standard

Commission

FOREX.Com trading platforms

FOREX.Com advanced desktop platform

Metatrader 5

Metatrader 4

Currency markets

80+ FX pairs plus spot gold & silver

58 FX pairs plus spot gold & silver

Crypto markets

Bitcoin, ethereum, litecoin & ripple

4,500+ on FOREX.Com platforms, 400+ on MT5

4,500+ on FOREX.Com platforms

Index markets

Commodity markets

Pricing

Spreads plus commissions

Market-maker model

STP model

Direct market access

Cash rebates

For accounts that qualify

Waived wire fees

For accounts that qualify

Dedicated market strategist

For accounts that qualify

Earn interest

For accounts that qualify

API trading

Recommended balance

I would like to learn about

Please note that foreign exchange and other leveraged trading involves significant risk of loss. It is not suitable for all investors and you should make sure you understand the risks involved, seeking independent advice if necessary.

Contracts for difference (cfds) are not available to US residents.

FOREX.Com is a trading name of GAIN global markets inc. Which is authorized and regulated by the cayman islands monetary authority under the securities investment business law of the cayman islands (as revised) with license number 25033.

FOREX.Com may, from time to time, offer payment processing services with respect to card deposits through its affiliate, GAIN capital UK ltd, devon house, 58 st katharine’s way, london, E1W 1JP, united kingdom.

GAIN global markets inc. Is part of the GAIN capital holdings, inc. Group of companies, which has its principal place of business at 135 US hwy 202/206, bedminster, NJ 07921, USA. All are separate but affiliated subsidiaries of stonex group inc.

FOREX trading accounts

Choose an account type that best suits your trading style.

FOREX.Com account

Advanced trading platforms with customizable interfaces

Trade forex, equities and more, all on one account

Fast, reliable trade executions

Metatrader account

Dedicated FX trading platform

Exclusive in-platform market news and analysis

Trades execute at the best available price

DMA account

Trade on prices as low as 0.1 on all major FX pairs

Get commission discounts as low as $20/m traded

Split the spread and place orders within the top of book spreads

What information do I need when opening an account?

We will need you to provide us with your name and address to establish your identity. Typically, we can verify your identity instantly. For more information, see our account document faqs.

What markets does FOREX.Com offer?

You can trade over 80 currency pairs at FOREX.Com. View our full range of markets.

When is forex market open for trading?

You can trade forex at FOREX.Com 24 hours a day, five days a week. For details, read our forex trading times article.

Is there a charge for central clearing?

We provide central counterparty clearing through an omnibus segregated clearing account (OSCA) free of charge as standard to all clients. If you wish to open an individual segregated clearing account (ISCA), fees apply:

For an individual these charges are: £13,000 account opening fee, plus account maintenance and transaction charges

For a corporate entity these charges are: £200,000 account opening fee, plus account maintenance and transaction charges

Try a demo account

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By opening this demo account you confirm your acceptance of our demo account terms and conditions, privacy policy and disclosures.

Try a demo account

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By opening this demo account you confirm your acceptance of our demo account terms and conditions, privacy policy and disclosures.

I would like to learn about

Cfds are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of retail investor accounts lose money when trading cfds with this provider. You should consider whether you understand how cfds work and whether you can afford to take the high risk of losing your money.

CFD and forex trading are leveraged products and your capital is at risk. They may not be suitable for everyone. Please ensure you fully understand the risks involved by reading our full risk warning.

FOREX.Com is a trading name of GAIN capital UK limited. GAIN capital UK ltd is a company incorporated in england and wales with UK companies house number 1761813 and with its registered office at devon house, 58 st katharine’s way, london, E1W 1JP. GAIN capital UK ltd is authorised and regulated by the financial conduct authority in the UK, with FCA register number 113942. GAIN capital UK ltd is a wholly-owned subsidiary of stonex group inc.

FOREX.Com is a trademark of GAIN capital UK ltd.

This website uses cookies to provide you with the very best experience and to know you better. By visiting our website with your browser set to allow cookies, you consent to our use of cookies as described in our privacy policy.

FOREX.Com products and services are not intended for belgium residents.

We use cookies, and by continuing to use this site or clicking "agree" you agree to their use. Full details are in our cookie policy.

Forex training account

Demo accounts at liteforex - training under real market conditions

A forex demo account is a training account that is perfectly suitable for practising and getting ready for trading with real money. You can use your demo account free of charge to boost your trading skills, refine on your trading strategies or test experts-advisers under real market conditions. Money put on a demo account is a virtual investment. Demo accounts can be opened via personal profile in less than 1 minute. Master the metatrader platforms and acquire trading experience on a demo account from liteforex with no risk of losing any of your money.

The best way of training your trading skills with market execution and low spreads.

Real quotes from liquidity providers

Scalping and news trading allowed

Market execution of orders with no requotes

Unlimited duration of transactions

No stop & limit levels

Access to all trading instruments

Open a demo account and start trading on forex without risks right now!

Training account DEMO ECN

Trading on a DEMO ECN account will help both forex beginners and forex professionals work out their own trading plans and choose the most convenient strategy. There’s no risk of losing money when refining your trading strategies. Try out a few ideas and choose the best system that will help you in the future when trading on a real account.

Account specification

Forex major - 10$ per lot, forex crosses - 20$ per lot, forex minor - 30$ per lot, metals - 20$ per lot, oil - 5$ per lot, CFD on shares - 25 cents per share, stock indices - 5$ per contract, crypto - 10$ per lot

Instagram

Youtube

RSS feed

MQL5

Risk warning: trading on financial markets carries risks. Contracts for difference (‘cfds’) are complex financial products that are traded on margin. Trading cfds carries a high level of risk since leverage can work both to your advantage and disadvantage. As a result, cfds may not be suitable for all investors because you may lose all your invested capital. You should not risk more than you are prepared to lose. Before deciding to trade, you need to ensure that you understand the risks involved and taking into account your investment objectives and level of experience. Click here for our full risk disclosure.

The website is owned by liteforex group of companies.

Liteforex investments limited registered in the marshall islands (registration number 63888) and regulated in accordance with marshall islands business corporation act. The company’s address: ajeltake road, ajeltake island, majuro, marshall islands MH96960. Email:

Liteforex investments limited does not provide service to residents of the EEA countries, USA, israel, and japan.

Forex account

Opening a forex account has never been easier. Thanks to the advent of online trading, the only resources needed to open a trading account is a small amount of money and an internet connection. Nevertheless, besides a large number of online brokers to choose from, different types of forex accounts offer a wide variety of features and options. These options include demo accounts, mini accounts, micro accounts, standard accounts and premium accounts.

Forex trading accounts

Demo accounts

In order to attract more customers and to give small traders a chance to test their skills at trading the forex market, a large number of online brokerage firms offer demo or practice accounts. Offered free of charge in most cases, demo accounts can usually be opened with minimal effort and offer many of the online features of a live forex account, except trading with real money.

Trading in a demo account can offer a novice trader ample opportunity to test their skills in reading the market, and they provide invaluable experience without the need to commit real funds to a trading account. A demo account can also have technical analysis and other market diagnostic features that offer a new trader excellent educational material. Make sure that the broker you open a demo with is regulated in your jurisdiction, e.G. The NFA for U.S. Traders, in case you wish to deposit funds in the account at a future date.

Mini accounts and micro accounts

Forex accounts for those traders who want to start small, and yet do not want to trade just with virtual money, can offer a great opportunity to gain experience with relatively little money placed at risk. These accounts are commonly known as mini accounts and micro accounts.

Mini accounts – can usually be opened with a $1,000 minimum deposit and have a size of 10,000 units of the base currency, typically making the minimum fluctuation of one pip equivalent to $1 for EUR/USD.

Micro accounts – this type of forex account can be opened with as little as $1 and they tend to have a micro-lot size of 1,000 units of base currency. This makes the minimum fluctuation of one pip equivalent to $0.10.

By trading with mini and micro accounts, traders can evaluate not only their own performance, but the performance of the forex broker and the efficiency of their order entry system and online trading platform offered. More importantly, a trader can learn how to control risk and manage their money more effectively, all without the stress of working with larger size trading lots. Micro and mini accounts help traders to more easily gauge their emotional reactions when trading.

Standard account

Even though some standard forex accounts can be opened for as little as $1,000, most brokers offer standard accounts for initial deposits of $10,000 and up. The minimum pip fluctuation on a standard account for EUR/USD is on the order of $10, and the minimum lot size might be $100,000, with up to 100:1 leverage offered in some cases.

Nevertheless, leverage not only magnifies profits, but also magnifies losses, and so with a highly-leveraged account and a losing market position, the account balance could erode very quickly prompting a margin call or an automatic close out of open positions. Many brokers recommend a more prudent amount of leverage, perhaps more in the 4:1 to 20:1 range being closer to ideal.

Premium account

Not all forex brokers offer premium or V.I.P. Accounts, and those that do often require a minimum deposit of $10,000 to $100,000. The premium forex trading account generally offers direct service to the broker’s trading desk and sometimes extends leverage of up to 500:1. One must realize that when you increase leverage you also increase risk.

In addition, many brokers will guarantee a tighter spread to premium trading account holders, as well as other extras. Trading might also occur in larger standard lots of 10,000 units of base currency, with a typical minimum fluctuation being $10 per pip on EUR/USD.

Summary

While a large number of forex brokers compete for your business, it can really pay to research online brokers first before committing any funds. One way to start shopping for a forex broker is to visit forex discussion forums. Often, other traders will comment about the brokers they opened their forex accounts with and what kind of service they received.

Other things to consider would be execution time and whether the broker is a market-maker or non-dealing desk (NDD) broker, or whether they use an electronic communications network or ECN to provide pricing. Also worth checking out is if your orders will be handled automatically in an electronic system or if you will need to go through a dealing desk. Another important consideration for some traders these days involves whether the online dealing platform offers or supports automated trading systems, and if so, which ones.

While seasoned forex traders coming from a professional trading background can often jump right into the retail forex market, novice traders will usually first want to get more familiar with how the forex market works by doing some in-depth research to further their forex education. Once they better understand how the forex market and trading works, they can open a forex demo account to test their skills before they start trading in a live account.

Fxdailyreport.Com

Are you new to trading forex or an experienced trader that wants to test a new strategy under real market conditions? Forex trading is a practice that involves a strong perception of the currency markets, skill, and excitement. It involves researching the economy in depth, identifying and seizing opportunities and having a strong sense of self-control over your actions. Forex trading also involves high risks, which is why newbies to the industry should always take baby steps to minimize their losses. The best way to do this is by starting your trading on a demo account

What is a demo account in forex trading ?

Best Forex Brokers that Offer Demo Account

A forex demo account is a trading account that gives traders free, unlimited access to a trading platform where you can learn or test new trading strategies under real market conditions, using virtual money. Here, traders can change their leverage, adjust or reset their starting balance or profit/loss at any time, and use different trade sizes to test their comfort level.

Most top forex brokers allow traders to open a free demo account on their platforms, providing them a simulated experience of what it will be like trading forex on their platform. These pretend accounts usually contain most, if not all of the features and capabilities contained in a real account. This way, it allows newcomers in the market to learn how forex trading works and test their skills and processes with zero risks.

Benefits of demo accounts:

The account allows new traders to enter the market

It lets traders try out a new broker’s trading platform to see if it meets all their trading needs.

It lets you try out all the features and other services a broker is offering.

It provides a great platform where traders of all levels who want to practice and develop new strategies can learn

It allows traders to discover the role of technical and fundamental analysis in trading. Traders get to trade in real time and analyze the market using technical and fundamental indicators without risking their money.

It allows traders to experience first hand the swift pace with which markets move and the significance of risk management.

Allows traders to develop and adapt their trading strategy as the market evolves and fluctuates.

List of forex brokers offering a demo account

info	bonus	open account
min deposit: $5 spread: from 0.2 pips leverage: 500:1 regulation: FSA (saint vincent and the grenadines), cysec	50% deposit bonus, real contest 1st prize luxury car BMW X5 M, copy trading, trade&win.	Visit broker
min deposit: $1 spread: from 0 pips leverage: 3000:1 regulation: cysec, IFSC	$100 no-deposit bonus, 100% deposit bonus	visit broker
min deposit: $5 spread: from 0 pips leverage: 888:1 “*this leverage does not apply to all the entities of XM group.” regulation: ASIC, cysec, IFSC belize	“50% +20% deposit bonus up to $5,000, loyalty program bonus “*clients registered under the EU regulated entity of the group are not eligible for the bonus and the loyalty program”	visit broker
min deposit: $1 spread: from 0 pips leverage: 2000:1 regulation: FCA UK, cysec, FSP, bafin, CRFIN	35% of the account deposit	visit broker
min deposit: $100 spread: starting 0 pips leverage: up to 400:1 regulation: FCA UK, NFA, CFTC, ASIC, IIROC, FSA, CIMA	visit broker
min deposit: $300 spread: floating, from 0 pips leverage: 500:1 regulation: FCA UK reference number 579202	visit broker
min deposit: $200 spread: starting 0 pips leverage: 500:1 regulation: ASIC australia, FCA UK	visit broker
min deposit: no minimum deposit spread: 1.2 pips leverage: 50:1 regulation: CFTC, NFA, FCA, MAS, ASIC, IIROC	visit broker
min deposit: $10 spread: leverage: regulation: cysec	-	visit broker
min deposit: $200 spread: from 3 pips leverage: 400:1 regulation: NFA, FCA, cysec	visit broker

HYCM

LEARN 2 TRADE: FUNDED forex ACCOUNTS

One time payment

We are going to cover everything you need to know about the learn 2 trade forex funded trading accounts, including how to sign up for an evaluation, general guidelines and account levels on offer.

Looking for a funded forex account? It’s no secret that trading is risky business, especially for inexperienced investors. This is also the case for seasoned traders with low capital.

When it comes to forex trading, in particular, it is renowned for being somewhat more challenging to predict than say – stocks. This is because there is a lot more in the way of deciding factors when it comes to the valuation of an FX pair – such as geopolitical unrest, other capital markets and public debt.

What if we told you that you could buy and sell currencies on the foreign exchange market – without risking your own hard-earned capital? Well, you can, by opening a forex funded account with learn 2 trade.

If you are still unsure about what a forex funded account is, then stay right where you are. We are going to cover everything you need to know about the learn 2 trade forex funded trading accounts, including how to sign up for an evaluation, general guidelines and account levels on offer.

Learn 2 trade full pricing chart

CHOOSE YOUR FUNDING PROGRAM

Achieve new heights like never before!

FOREX FUNDED ACCOUNT

$52,000

Evaluation account size $13,000

Evaluation pass requirement

Growth scheme

One-time payment: £700

FOREX FUNDED ACCOUNT

$40,000

Evaluation account size $10,000

Evaluation pass requirement

Growth scheme

One-time payment: £550

FOREX FUNDED ACCOUNT

$20,000

Evaluation account size $5,000

Evaluation pass requirement

Growth scheme

One-time payment: £350

Prove that you can trade

THE FUNDING GROWTH SCHEME

Understand the basic rules of how a funded trader account works below and work your way up through the scheme to become a millionaire trader!

Growth levels	account size	max relative DD $	profit target$	max stop loss$	max lot size
evaluation / challenge	17,500	700 \| 4%	1,225 \| 7%	262.5 \| 1.5%	0.85 lots
junior portfolio manager I	70,000	2,800 \| 4%	7,000 \| 10%	1,050 \| 1.5%	3.40 lots
portfolio manager I	140,000	5,600 \| 4%	14,000 \| 10%	2,100 \| 1.5%	6.80 lots
senior portfolio manager I	280,000	11,200 \| 4%	28,000 \| 10%	4,200 \| 1.5%	13.60 lots
senior portfolio manager II	560,000	22,400 \| 4%	56,000 \| 10%	8,400 \| 1.5%	27.20 lots
the millionaire trader I	1,120,000	44,800 \| 4%	112,000 \| 10%	16,800 \| 1.5%	54.40 lots
the millionaire trader II	2,200,000	80,000 \| 4%	200,000 \| 10%	30,000 \| 1.5%	96.00 lots

growth levels	account size	max relative DD $	profit target$	max stop loss$	max lot size
evaluation / challenge	17,500	700 \| 4%	1,225 \| 7%	262.5 \| 1.5%	0.85 lots
junior portfolio manager I	70,000	2,800 \| 4%	7,000 \| 10%	1,050 \| 1.5%	3.40 lots
portfolio manager I	140,000	5,600 \| 4%	14,000 \| 10%	2,100 \| 1.5%	6.80 lots
senior portfolio manager I	280,000	11,200 \| 4%	28,000 \| 10%	4,200 \| 1.5%	13.60 lots

growth levels	account size	max relative DD $	profit target$	max stop loss$	max lot size
senior portfolio manager II	560,000	22,400 \| 4%	56,000 \| 10%	8,400 \| 1.5%	27.20 lots
the millionaire trader I	1,120,000	44,800 \| 4%	112,000 \| 10%	16,800 \| 1.5%	54.40 lots
the millionaire trader II	2,200,000	80,000 \| 4%	200,000 \| 10%	30,000 \| 1.5%	96.00 lots

What is a forex funded account?

In a nutshell, forex funded accounts enable traders to grow their trading accounts – crucially, without risking their own money. We want to empower you and give you the opportunity to create a consistent, full-time income from forex trading. Small budget? No problem.

By opening a forex funded trading account, you will be trading on behalf of learn 2 trade, using our corporate licence and a higher capital balance then you might have otherwise had access to. Essentially, if you don’t make any money – neither do we. With this in mind, it is very much in our interest to make sure you have all of the tools and help necessary to increase your forex trading profitability – in a stable manner.

We think that everyone deserves a chance at forex trading success. With that in mind, we are looking for dedicated, organised

Whats included? Lifetime VIP signal access!

When you join our funded trader program we give you lifetime access to our VIP forex signals to assist with your trading!

Signals a day

Success rate

Telegram members

We also include the learn 2 trade forex course!

Lifetime access to our award winning forex course is also included to help you achieve maximum returns!

Chapters

Trading improvement

Telegram members

Forex funding account stages

Let’s delve into forex funded accounts in some more detail, starting with the stages of evaluation and becomming a portfolio account manager.

This is the first phase of partaking in a learn 2 trade forex funded account. You will be tested on your trading abilities – which we will cover in more detail shortly.

Learn 2 trade forex funded account guidelines

Let’s run through the learn 2 trade guidelines to clear the mist on the key metrics of a forex funded account.

50/50 profit split

From the moment you open a forex funded account with us – you are part of the learn 2 trade team. We consider you a business associate, so we’re going to share all gains with you on a 50/50 basis. That’s right, 50%, straight down the middle.

It’s only fair that we stick to our end of the deal in providing you with the trading capital needed to trade. In return, you’ve used your trading skills to make metaphorical lemons into lemonade. It’s all about teamwork.

Capital growth system

Here at learn 2 trade, we evaluate our forex funded accounts by testing trading abilities and skill set, in environments mirroring real-life forex market conditions.

Our practical evaluation process works well with both manual trading strategies and automated trading strategies alike. Our aim is to use the evaluation in order to sustain and elevate trading capital.

Provided you are in the green (making a profit), learn 2 trade will pay you on a monthly basis. This payment every calendar month is there to support you, enabling you to earn a living and grow your trading portfolio – at a much faster rate than you

Profit payment procedure

When it comes to profit payment – we believe in compounded profits. This means that any gains you make will be given to you in a way which doesn’t affect the growth of your funded account.

Furthermore, when you reach the end of your initial evaluation phase – as long as you finish with a positive balance – we will ensure that all due profits are paid to you.

Evaluation time frame

If you have ever looked into opening a forex funded account before, then you will know that some platforms enforce strict time limits – some as little as a month!

Here at learn 2 trade, we believe in flexibility. In other words, when opening a forex funded account with us you will have an entire year to pass your evaluation.

Good things come to those who wait. However, if you want to steamroll your way through the evaluation process and pass within a few months – that is entirely your call. Either way, as soon as you pass the evaluation, our team

Minimum trading days: 30

Whilst we enforce no post-evaluation time restrictions – during your evaluation you must proactively trade for a minimum of 30 days. To clarify, if you open a trade position on a wednesday, and close it on a thursday – this will be counted as 1 singular trading day.

Minimum trades: 45

As well as your 30-day minimum active trading requirement, you also need to display your trading skills to us. In order for us to thoroughly assess your trading capabilities, you will need to fulfil our requirement of 45 trades minimum.
Let us be super clear about what constitutes 1 trade when it comes to your evaluation requirements.

Let’s say you decide to open more than one position on GBP/USD

Until both positions have been closed – this still counts as 1 trade

In terms of the portfolio manager phase, following your evaluation phase graduation – you only have to actively trade four different positions in a calendar month.

Max risk for each trade

As a funded trader, you will only be permitted to risk up to 1.5% for each trade – this includes stop-orders, market orders and pending orders.

If like in our earlier example, you decide to open more than one position on pair GBP/USD – the combined risk on these trades must not go above 1.5% of your learn 2 trade forex funded account balance.

Let’s say you’ve decided to utilise a hedging strategy,. Once again, the risk covering all trades must not go beyond 1.5%. If, on the other hand, you decide to open a position on EUR/USD and also GBP/USD – this counts as 2 separate trades. Therefore, you can risk as much as 1.5% on each trade.

Max risk exposure: lot size

Different stages come with different maximum lot sizes. What we mean by maximum exposure is that you will only be permitted to open lot sizes of a certain amount.

To give you a clearer idea, let’s say you have 4 open positions of 1 lot. You then break even by shifting your stop loss (of 1 lot). This gives you room for a further 1.5lot worth of risk on future trading endeavours.

Tradable currency pairs

When it comes to forex trading, there are heaps of tradable currency pairs available when joining the learn 2 trade program. We give our traders exposure to major pairs and major pairs – and even exotic forex pairs for you to combine.

To give you an example, please see below:

Minor FX pairs: EUR/GBP, GBP/JPY, EUR/NZD, GBP/JPY, EUR/CHF

Major FX pairs: GBP/USD, USD/CHF, EUR/USD, NZD/USD, USD/JPY

Cross FX pairs: EUR/AUD, EUR/JPY, EUR/GBP, GBP/CAD, GBP/CAD, GBP/audade

Learn 2 trade funded account rules and regs

We at learn 2 trade are 100% transparent when it comes to account rules and regulations. As such, below wenoutline some of the key metrics that you need to be made aware of before getting started.

Hard stop loss value

As a forex funded trader, you are obligated to order a stop-loss for every single pending market order, stop order and limit order. The same goes for any kind of open trade.

As we mentioned earlier, you must also keep an eye on your risk percentage, as anything over 1.5% per trade is a violation of the rules.

To give you another example:

+your account balance is $6,250

+you open one trade on GBP/USD, which comes with a risk of 0.5%

+next, you open another trade on GBP/USD.

+the risk ratio on the second position can’t be any higher than 1%.

Forex funded account restraints

+you are forbidden from applying for a learn 2 trade forex funded trading account for any purpose other than to trade.

+traders must not collaborate with any other people actively trading via learn 2 trade

+it is not permitted to use copy trading accounts and they must not be used to duplicate any positions

+should you decide to open more than one forex funded account – you must not hedge between these individual accounts.

+if you violate any of our rules regarding risk management or lot size we have the right to terminate your forex funded account. In this scenario, you are able to reapply to try again once you understand the rules.

Payouts and withdrawals

Here’s what you need to know about payouts and withdrawals when singing up to the learn 2 trade forex funded account program.

Profit payment: evaluation stage

When you reach the end of your evaluation phase, presuming you have reached the target set out for you, we will pay you 50% of your profit in a lump sum.

As noted earlier – we will share profits 50/50. It is important to note that any positions that are still open on the last day of the month will not count towards gains. If you do not make any profit, you will not receive a payment from us.

Processing payments

On the last day of each calendar month, we will assess your trading activities and account thoroughly. We will send out a detailed report of your personal profit share information – and this will be sent to the email address you provided to us.

Hard stop loss value

As a forex funded trader, you are obligated to apply a stop-loss for every pending market order, stop order and limit order. The same goes for any kind of open trade.

Forex funding program termination

We at learn 2 trade like to be crystal clear about what we expect from our funded traders. As such, please review the following sections on what can lead to termination of your account.

+hitting your max relative drawdown amount

+abuse of your account

+account expiration

+using your account for anything other than trading

+failure to follow risk management rules

Notice of termination

In the unfortunate event that your account is terminated, the procedure is as follows:

+you will receive a termination notice via the email address you provided to us

+any trading permissions and platforms access associated with your account will be disabled

+your trading account will be frozen

+next, you will be sent a full detailed trading report via email

+if your account happens to be in the green (you made a profit) – you will be paid a calculated lump sum within the same month

Reapplying after termination

We don’t want to see good traders leave – however rules must be followed. That said, if you have previously had your forex funded account terminated there is nothing to stop you from applying again.

It is strongly advised that any trader wishing to reapply for an account studies the termination notice and trading report. Not only that, but re-read all rules associated with this type of account.

Who takes part in the forex funded agreement?

There are only two participants in our forex funded account agreement – that’s us here at learn 2 trade, and you – the trader.When it comes to your trading account, you will need to go through various stages.

To shed some further light on this, please see the below:

Evaluation trader:

This is the first phase of your journey. You will trade within the rules and limits set out for you in order to qualify

Portfolio manager:

When you reach portfolio manager status, you have passed your evaluation phase with flying colours. You may now trade using a fully

Forex funded trading capital

As you know, we give traders capital to trade with. If, when you are using a fully funded account, you experience any losses you will not be personally liable for these losses

That said, you must follow the below principles:

+you are obligated to utilise all risk management measures

+you must conduct yourself in a responsible manner to try and bypass major losses

+your account must never be used by anyone other than yourself

+if you think your trading account details have been stolen or misplaced – you must contact our customer support team immediately

Who can trade forex funded accounts?

We have compiled a list of persons who are eligible for a forex funded trading account below:

+traders above the age of 18

+persons holding proof of identification

+solo traders – no companies or copy traders

+traders must exhibit at least basic knowledge of the forex market and trading terms. Common forex trading terms we are referring to include; pips, overnight financing fees, stop orders, spreads, drawdown, etc.

+persons need to consistently show satisfactory trading abilities – not only during the evaluation stage but beyond

+traders should have a crystal clear comprehension of all of our policies regarding minimum requirements and risk management detailed on our platform

The evaluation fee framework

+you will be charged a one-off fee for signing up to the evaluation stage of your forex funded trading account

+we do not charge any monthly fees for using our funded trading account

+your entry fee is not to be confused with a deposit

+from the moment your account has been confirmed – you will not be entitled to a refund

+you are not permitted to either downgrade or upgrade from whichever stage you are at

The benefits of forex funding accounts

As a forex funded trader, you are obligated to order a stop-loss for every single pending market order, stop order and limit order. The same goes for any kind of open trade.

To give you another example:

Trading alone is boring.

Read our trust pilot reviews

Here it from our own successful members who have worked their way up the learn 2 trade funded account ranks!

I am a free signal user, and I have to say how much I appreciate that L2T sends out full signals for free users. I have checked a few other signal services, and most of them always mask out some part of the signals forcing the users to sign up for premium to make any trades. Not L2T. If you sign up, you will get all details such as the entry price, take profit and stop loss.I have been trading for a year, and have been using L2T for the last six months. From my experience, L2T has a good win ratio.

I am a free user of L2T forex signals. And I highly appreciate that they send so much information through telegram for free users. You can join the telegram group by searching in the app, and see for yourself how much information is available. The only thing is, if you need to access the full trading analysis you need to sign up for the premium. But as a beginner trader who mostly relies on the signals than the research, I am willing to look over that.

I have been trading for 4 years and have made few dollars here and there.I joined learn2trade two weeks ago. It’s amazing for the first time I have made more than $3000.GBPJPY signal they sent was on point and just made $2000 and still 1000 pips to go. It’s amazing for the first time I have made more than $3000.GBPJPY signal they sent was on point and just made $2000 and still 1000 pips to go.

This review is more focused on the course and learning materials rather than the signals. Though some might feel that the forex course is not worth a £99 plan, for an absolute beginner like me, there is plenty to learn from them. I don't find this amount a bad investment considering that I am likely to gain much more with what I have learnt. There are also several free articles that can show you the ropes about trading, understanding the market, and how to read the signals.

I am a VIP signal user and there are a few reasons I prefer L2T over other signal services. For one, they do not offer you mere triggers for buying and selling. Even the free signals come with the stop-loss, take-profit, and the risk-reward-ratio. The telegram alerts also includes market evaluations, updates, trading analysis and more. For instance, this monday they sent out a message on which market-moving factors they are considering such as FOMC meeting minutes

Become a trader for learn 2 trade

Are you ready?

You are just one click away from becoming one of our funded traders, opening up endless possibilities!

Forex trading in the UK

Forex trading in the UK accounts for the lion’s share of the $6 trillion daily global turnover. This article will explain how to get started forex trading in the UK, covering the best trading platforms and brokers, the tax implications, plus online training courses for beginners.

Best UK forex brokers 2021

How does forex trading work in the UK?

Forex (FX) traders generate income by speculating on price fluctuations in the currency market. They sell one currency pair while simultaneously buying another, which is why they’re quoted in pairs.

To do this, traders register for an account with an online broker who connects them to the market, providing a platform to conduct analysis and execute trades. UK brokers also extend credit, known as leverage, so you can take larger position sizes – increasing potential returns.

Is forex trading legal in the UK?

Forex trading is legal in the UK. In fact, along with the US, the laws and regulations governing forex trading in the UK are among the most robust in the world.

The body responsible for overseeing the UK forex market is the financial conduct authority (FCA). All brokers looking to accept UK traders must obtain a license from the FCA. By choosing a regulated broker, traders reduce the risk of scams and their capital is protected should a broker go into liquidation.

Brokers & platforms

The best forex trading brokers in the UK offer leading online platforms to connect customers to the FX market. The platform is where you conduct price analysis, take positions, and utilise any additional trading tools available. Platforms are free to use when you sign up for an account, so it’s worth shopping around.

If you’re not sure which platforms to even start with, metatrader 4 is widely regarded as the best forex trading platform for both beginners and advanced traders. Reviews show it’s easy to pick up, has a range of signals, over 30 indicators, plus a live news feed and economic calendar.

The cheapest way to test software is to sign up for a free demo account. You can then try signals, charts, strategies, and any automated trading capabilities. Most of the top forex trading platforms offer demo accounts.

Often featuring in reviews of the best 5 forex trading platforms are:

Metatrader 4 (MT4)

Metatrader 5 (MT5)

Trading station

Xstation

Ctrader

Note minimum deposits vary between companies, but UK forex traders will find accounts with low deposit requirements of just £100.

Trading hours

In contrast to the majority of financial markets, the FX market has no physical location or central exchanges. As a result, trading hours run around the clock five days a week, through a network of organisations, banks, and retail traders.

Opening times are staggered across the world but traders can expect significant volume throughout the day. With that said, forex operating hours are reduced on the weekends, so expect less activity on a saturday and sunday.

Note, if you’re forex trading in the UK, time zones on your platform will be shown in GMT.

Spreads

The spread is the difference between the ask price and the bid price. It represents the cost of trading. Let’s say the GBP/USD currently has an ask price of 1.0925 and a bid price of 1.0923, then the spread is 0.0002 – the ask price minus the bid price.

Profit margins in forex are slim. So the more capital you have to invest the greater the potential returns. However, most UK FX brokers extend leverage to their customers. This means for a small deposit, known as margin, you can take a much larger position, amplifying potential profits. Of course, this does mean losses are also magnified.

Mobile apps

The best forex brokers in the UK make their platforms available through a mobile app. In fact, reviews show an increasing number of new traders are learning to trade the forex market on mobile devices.

Mobile apps today offer almost the same functionality as desktop platforms. That means you can conduct technical analysis on charts, monitor signals, and execute trades. You can also chat with the online trading community and follow training courses.

How to start forex trading in the UK

For beginners, follow this straightforward guide to get started forex trading from home.

Register for an account

Sign up for an account with an FCA licensed broker. Check reviews to make sure the broker is reputable with customer support available. Some brokers also offer no deposit bonuses and other incentives, including attractive spreads.

For further guidance on forex brokers, including vantage FX UK trading limited, see the full list here or compare all UK forex brokers above.

Choose A currency pair

You’ll find dozens of currency pairs at most brokers. For forex dummies, the most popular are the major currency pairs. These always include the US dollar and are traded in the greatest volumes. As a result, there is enough liquidity that you can trade almost anytime. The other benefit of major currency pairs is that they often come with the lowest spreads and associated trading costs.

Included in the majors are:

EUR/USD

USD/JPY

GBP/USD

USD/CHF

USD/CAD

AUD/USD

NZD/USD

There are also minor currency pairs, which don’t include the USD. The most-traded have the great british pound, euro, or japanese yen in. Then there are exotic currency pairs that are formed of a major currency and a currency from a developing country, such as brazil. Because they’re harder to find, spreads on exotic pairs are usually higher.

‘buy’ or ‘sell’

Once you’ve decided on a currency pair, use technical or fundamental analysis to determine whether to buy or sell. For example, are there upcoming market events you expect to affect the price of currencies?

If you believe the base currency will rise versus the quote currency, you would buy. You would sell if you thought the opposite.

Set stops & limits

These important risk management tools can help protect profits and limit losses. Set a stop-loss to automatically close out a trade when losses reach a certain level. Use a stop-limit to exit a trade when profits hit a certain point.

Monitor & exit

In the ‘open position’ area of your platform, you can monitor your trade. You can also set notifications to get alerts when buy or sell percentage points are reached. Once you’re ready to exit the trade, simply select ‘close’ from your open positions. Any profits or losses will shortly appear in your account.

For further guidance on forex trading strategies, see here.

Is forex trading taxed in the UK?

For beginners, it can be easy to get swept up in the uncapped income potential. But it’s important to first understand the trading tax rules and laws in the UK.

So, do you pay tax on forex trading in the UK? Profits from forex trading are taxable. However, taxability depends on which category your activity falls into. The UK government’s tax branch, the HMRC, splits trading activity for tax purposes into the following:

Speculative – the speculative trader likely has other sources of income, with occasional profits from forex trading a supplementary source of income. As a result, profits are tax-free until the tax allowance, which was £12,000 in 2019-2020, has been reached.

Investing – forex trading is treated as a business, with earnings often the primary source of income. Profits are taxable under the capital gains regime.

Professional tax advisors can help establish which activity your forex trading falls into, and therefore, whether you should be paying tax on your earnings.

Keeping a detailed record of trades, including profits, losses, dates, and trade sizes, will make filing your annual tax return less stressful.

For further guidance on day trading taxes, see here.

Education

The forex traders in the UK that generate consistent profits never stop learning. Fortunately, there is a wealth of resources available, from books and online training courses to forex trading diplomas.

Free youtube videos are a good place to get the basics explained. For more in-depth training, online university sessions and training courses can demo strategies and chart analysis. Reviews show the best courses have engaging coaches and mentors, innovative trading techniques, and are available to answer questions. Other useful learning forums include blogs and magazines.

It’s never been this easy to get your hands on free forex training tools and with technology today, you can learn at a time that works for you.

Is forex trading in the UK profitable?

Success stories of forex millionaires are common online. But in reality, the salary earned varies hugely. Some months may be profitable, but in others, you may not generate any income. So if you want a stable and consistent salary, look at other jobs.

Final word

Forex trading in the UK facilitates access to the world’s largest financial market. Both beginners and experienced traders can get the tools needed to trade on the forex market, including the best brokers, platforms, and online training courses. And with robust laws, UK traders are operating in one of the most regulated forex environments.

What is forex trading in the UK?

Forex traders in the UK aim to profit from price movements in the currency market. The UK market is one of the most regulated in the world, giving traders multiple licensed brokers to choose from.

Is forex trading illegal in the UK?

No – forex trading is not illegal. The financial conduct authority (FCA) regulates the financial markets, including forex. Any broker seeking to sign up forex traders from the UK must obtain a license to trade from the FCA.

How does forex trading work in the UK?

Online brokers connect UK retail traders to the global forex market through a digital platform. Traders then sell one currency pair while buying another, looking to profit when converting. Investors often trade on leverage from brokers to take larger position sizes, thereby increasing potential returns.

How do I start forex trading in the UK?

To start trading forex in the UK you will need to register with a licensed online broker. Once signed in to your live account, you can deposit funds and access leverage. From your platform, you can conduct price analysis and take a position when an opportunity arises.

Do I pay tax on forex trading in the UK?

Forex trading profits in the UK may be taxable. Your obligations will depend on whether your trading activity is treated as speculative or for investment purposes. If speculative, profits may be tax-free while if for investment purposes, you may owe capital gains tax. For further guidance on UK trading taxes, see here.

Forex merchant account

Customised forex trading business payment processing solutions

Ipaytotal is an innovative forex payment gateway and forex merchant account provider that provides tools to transform, grow and scale your online business globally. We are recognised as the best payment solution with the essential back-end operations in place to support the forex trading businesses.

Ipaytotal offers a complete set of solutions for forex businesses to accept/make payments in a quick and convenient way. Forex businesses are high risk, which makes it difficult for business owners to set up a merchant account.

We integrate an extensive global network of banking relationships. At ipaytotal, we are an extension for forex companies, working closely with them to provide a wide variety of high-risk forex payment processing requirements, taking care of every step to simplify, streamline and strengthen your online business and back-end operations.

Historically, this has increased client revenues by up to 30-40% due to the increase in approved forex trading transactions.

Ipaytotal is a processing solution for forex trading companies that accepts alternative forex payment methods, no matter where your company is located, ipaytotal will let you send and receive your money internationally, giving you precise transactional data in real time.