Choose a broker
In the past, only individuals with large sums of money could establish a direct trading relationship with a bank. Today, the foreign exchange market allows brokerage firms, called “brokers”, to allow private customers to participate. Small investors can now trade on the same playing field as the biggest corporations. This is an advantage that is revolutionary.
Opening a Forex trading account is fairly easy.
What is important when choosing a broker for EA trading?
1. Must be an A-book broker*
2. Must allow EA trading
3. Must provide at least 1:100 leverage
*An A-Book Broker is a broker who works on a commission basis, i.e. he has no intention of trading or manipulating his clients’ transactions. It is time to set up your demo account with one of our trusted brokers. Click the button below the video and then click “Demo Account” at the top of the page.
You can watch the following video as a guide below.
Get access to your trading software
Now that you have a demo trading account, it’s time to access our EA Marketplace and start your training.
Click the button below, select the “Bronze” access pass, complete your payment, and go to “AP Academy” for your onboarding modules.
STEP 3 (ACCESS PASS OWNERS ONLY)
Join our private group for new members
Once you have purchased your Access Pass, get in touch with me and I’ll invite you to Elevaite Bootcamp group.
This group is a safe space for new members to learn how to become a profitable and consistent trader.
During your first few weeks with us, you will spend quite a bit of time in this group.
Start by reading the information in the pinned post.
Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose. There is considerable exposure to risk in any foreign exchange transaction. Any transaction involving currencies involves risks including, but not limited to, the potential for changing political and/or economic conditions that may substantially affect the price or liquidity of a currency. Investments in foreign exchange speculation may also be susceptible to sharp rises and falls as the relevant market values fluctuate. The leveraged nature of Forex trading means that any market movement will have an equally proportional effect on your deposited funds. This may work against you as well as for you. Not only may investors get back less than they invested, but in the case of higher risk strategies, investors may lose the entirety of their investment. It is for this reason that when speculating in such markets it is advisable to use only risk capital.