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Is it expensive to trade in the Global Forex market?

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Is it expensive to trade in the Global Forex market?

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No. Trades controlling $100,000 of currency can be executed with an initial margin requirement of $250. When trading minis (1/10th full contract size), you can control $10,000 of currency for just $25. Some people spend more than this each day on state lottery tickets. However, it is important to remember that while this type of leverage allows traders to maximize their profit potential, the potential for loss is equally great.

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