Forex is a virtual global currency exchange platform where tradersare effectively exchange one currency for another currency. For a new trader, demo trading accounts can be a great help. In case of starting career in forex market, one should work with a reliable broker since one’s trading performance will greatly be influenced by the trading facilities provided by his broker. Lower spread, good leverage, 24 hour customer support, timely trade executions, etc. all are the trading facilities that a trader should consider while selecting a broker.
I'd say you should study some books on tech analysis and watch historical data before you invest your real money somewhere. I think most traders don't use any fancy strategies - just plain support and resistance plus a couple of indicators.
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