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Friday, October 23

Trading Margin

Forex is usually traded on margin. A relatively small amount can control the position of a much larger market. For trade the major currencies, requires Saxo Bank 1% margin deposit. This means that up to one million U.S. dollars to a trade, you bring only 10,000 U.S. dollars in the form of security.

In other words, you will receive transmissions up to 100 times. This means that any changes that approximately 2% is in the underlying value of your trade 200% profit or loss on your deposit to generate.

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