How to do Forex Business Without Capital

Generally, if you want to earn money from forex trading, the trader must first spend money to be used as trading capital. Then by trading using this capital, you will get a profit. However, maybe many don't know, forex trading can be done without spending a dime of capital. Forex business without capital is not impossible to do. Traders can try the following ways to start a forex business without capital.

Learn Forex Trading Through Demo Account

Learning forex can now be done for free using only a trader's smartphone. Here are some steps you can take:

  • Get to know the ins and outs of forex trading by taking certain classes.
  • Open a demo account to practice forex trading without capital.
  • Practice trading and practice while broadening your horizons through articles from various sites.

After understanding the theory and practice, traders can become broker partners or follow the tricks below to benefit from the forex business without capital.


Join the "No-deposit bonus" Promotion Program

In order to attract traders, some brokers carry out promotional programs in the form of "no-deposit bonus", which allows traders to start trading with a capital gift from the broker.

Free capital from the broker for traders who are just registering for the first time varies from 5 US dollars to 1000 US dollars. However, make sure the trader reads the terms and conditions of the promotion carefully to avoid discrepancies in the conditions.

Participate in Real Prizes Demo Trading Contests

Demo trading contests can be used as a source of free capital. Trading contests in these demo accounts are usually followed at no cost at all. Traders can pit trading ideas and strategies for prizes in the form of cash or real trading accounts.

Become a Broker Partner Through Affiliate Program or IB

Brokers can encourage traders to invite colleagues to join and provide a partnership program. Affiliate or IB (Introducing Broker) allows traders to earn commissions every time a new trader is invited to register with a broker. No wonder many brokers provide affiliate links for newly registered traders. So that the trader can earn a commission if a new trader uses the affiliate link to register.

Offering Forex Trading Services To Others

Trade other people's funds, to make a profit so that the trader gets some of the profit. These forex trading services are more suitable for experienced traders. Therefore, traders must demonstrate consistent trading performance and high profitability in order to be able to attract large-funded investors to cooperate with traders.



More info:
Free soft copy material by contacting 081 258 066 174 Whatsapp/call
Private info / paid premium class (guided forever until get consistent profit and independent). Whatsapp/call 081 233 593 672 or direct access to our Website www.wijayatrading.com

Comments

Popular posts from this blog

Tingkatan Seorang Trader

SNR, BEST TRADE STRATEGY!