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What Is Margin?
Margin represents the capital required to access the market and establish a position, serving as a cornerstone of forex trading. It empowers traders by magnifying their buying power, allowing for the amplification of position sizes. This facility enables traders to leverage market positions, thereby elevating their market exposure significantly while utilizing a relatively modest amount of initial capital. It’s a strategic tool that, when used judiciously, can open up a spectrum of trading opportunities.
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What Is Leverage?
Leverage in Forex trading acts as a multiplier of a trader’s capital, effectively extending their financial reach within the market. It is, in essence, the use of borrowed funds provided by the broker to enhance potential returns, magnifying the trading position beyond the limitations of the trader’s own capital. Commonly, the leverage offered in Forex can amplify the trader’s investment manifold, opening the door to significant market opportunities while carefully managing risk exposure.
Choose the Most Suitable Trading Account for You
Diversified Account Types
Ecn Account
- Spread: 0 pip onwards
- Min Order Volume: 0.01
- Step Lot: 0.01
- Commissions: $7/Lot
- Swap: Yes
- Margin Call: 100%
- Stop Out: 50%
- Leverage: Forex – 1:500, Indices – 1:100, Commodities – 1:100
Standard Account
- Spread: 1 pips onwards
- Min Order Volume: 0.01
- Step Lot: 0.01
- Zero Commission*
- Swap: Yes/No **
- Margin Call: 100%
- Stop Out: 50%
- Leverage: Forex – 1:500, Indices – 1:100, Commodities – 1:100
Your personal broker is your key to success.
Founded in 2015, Rich Smart swiftly emerged as a vanguard in the foreign exchange sector, renowned for its unparalleled trading solutions tailored for newcomers. We’ve carved a niche in the dynamic world of foreign exchange, simplifying complexities for those embarking on their trading journey.
At Rich Smart, we pride ourselves on offering a state-of-the-art trading platform that combines cutting-edge technology with ultra-responsive, low-latency connections. Our clients enjoy exceptional liquidity, enabling them to trade with confidence and precision.
Our mission transcends traditional boundaries. Rich Smart is at the forefront of transforming online foreign exchange transactions. We’re democratizing the trading landscape, granting online traders access to premium pricing and liquidity—once exclusive realms of investment banks and elite investors.
Through our innovative approach, Rich Smart is redefining what’s possible in the foreign exchange market. We’re not just a broker; we’re a beacon of possibility, empowering traders of all levels with tools and opportunities that were once out of reach.
- Rich Smart uses MetaTrader 4 to execute trades
- Rich Smart frequently posts updated economic news
- Rich Smart offers a low spread and commision. Also a wide variety of trading pairs not just for forex, but also for commodities and etc.