Frequently Asked Questions
Trading
Deposits vary from one broker to another depending on the account type, for example: XTB broker required minimum amount deposit 100$.
The fees and charges can vary depending on the type of trading account you have and the financial instruments you trade such as spreads and commission fees.
Trading can potentially be relied upon as a primary source of income, but it comes with significant risks and challenges.
There are several types of trading, each with its own strategies, risk levels, and time horizons. Here are some of the most common types:
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Day Trading
Description: Involves buying and selling financial instruments within the same trading day. Day traders typically do not hold positions overnight.
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Swing Trading
Description: Traders hold positions for several days to weeks, aiming to profit from short- to medium-term price movements.
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Scalping
Description: A very short-term trading strategy where traders make multiple trades in a day to profit from small price movements.
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