How to Start Trading Forex Trading forex is similar to equity trading. Here are some steps to get yourself started on the forex trading journey. 1. Learn about forex : While it is not complicated, forex trading is a project of its own and requires specialized knowledge. For example, the leverage ratio for forex trades is higher than for equities, and the drivers for currency price movement are different from those for equity markets. There are several online courses available for beginners that teach the ins and outs of forex trading. 2. Set up a brokerage account : You will need a forex trading account at a brokerage to get started with forex trading. Forex brokers do not charge commissions. Instead, they make money through spreads (also known as pips) between the buying and selling prices. For beginner traders, it is a good idea to set up a micro forex trading account with low capital requirements. Such accounts have variable trading limits and allow brokers to limit their tr
TikTok users fear app shutdown as security concerns grow Amazon told employees they needed to delete the short-form video app from work phones immediately, but later reversed the decision. TikTok users are urging followers to connect with them on other social media sites as they fear a shutdown of the app in the United States. Fears over TikTok’s Chinese ownership are setting up a battle between the Trump administration and the site’s users. The security concerns even led Amazon to briefly prohibit use of the social media site by its workers Friday morning, only to backtrack later in the day, calling the ban a mistake. On Friday, Amazon sent an email to employees ordering them to delete the app from phones that also have access to Amazon email accounts, citing “security risks,” according to a copy of the message shared with The Washington Post. (Amazon chief executive Jeff Bezos owns The Post.) Amazon spokeswoman Jaci Anderson said later on Friday that the email was sent in error.