Historically, currencies were traded in specific amounts called lots. The standard size for a lot is 100,000 units. There are also mini-lots of 10,000 and micro-lots of 1,000. IC Markets MT4 and cTrader trade servers are located in the NY4 & LD5 IBX Equinix Data Centres in New York & London respectively, providing clients with the fastest possible execution speeds. Equinix data centres are known globally for their secure and reliable low latency infrastructure.
Alexander Lielacher is a personal finance expert, a former financial markets professional and a Udemy lecturer. He has worked for several major financial institutions in the City of London and has gained experience in the financial markets as a bond trader and salesman. Furthermore, he holds a degree in Investment & Financial Risk Management from Cass Business School, City University London and is an FCA (Financial Conduct Authority) approved person. He now runs the personal finance education platform 'Smart Money Smart Living'.
In short, it is hard to evolve into a successful Forex robot user unless you have previous trading knowledge and experience. When you know how hard it is to have consistent and profitable trading results, you'll appreciate a robot that puts profits in your account. When you appreciate the robot, you'll be more likely to use it for the time necessary to reach your long term trading goals.
We believe that thorough understanding of the markets traded should precede every investment endeavour. With our trading educational package you get everything you need to get your learning started. Open a TMS Trader practice account with a virtual balance of €50,000 and get full access to TMS NonStop, our unique analysis and research portal. You'll also receive two e-books to get you started with Forex and CFD trading.
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