hi

One way to trade forex is with a finicial spread account. City index is the best and they have a free 30 day demo account. You can use play money on the real live markets.

Its works by betting on each point. so for example if the $/£ is 1.505 you sell ($1) and it falls to 1.500 you would profit 5 points (1.505 - 1.500) 5 points equals ($1 x 5) = +$5.

So you can make / lose money money much quicker then simply buying the $ and selling it. in the above example you would have profited less than 1%.

However note that the broker takes a fee on each trade so if each trade starts -$4 (per $ bet). Plus you have to have $80 (per $ bet) in your account incase the market falls faster then the broker could auto sell. (ie as an insurance by the broker to protect against sudden massive moves)

As for leverage with $100 on one bet you would be either profit $50 or lose $50 within about 3 hours (average)

it is impossiable to profit using any type of system on the internet because the banks would be using it rather than paying their investment bankers seven figure salaries

It depends on the broker, but usually is up to 200:1.

it varies from forex broker to forex brokers
I use 100:1 and 500:1 at http://www.forex-hunt.com

Hi Jason,

With one of my brokers, I have leverage of up to 500:1. I usually like this option as it lets me trade my accounts with very little start-up capital.

Now, with some of my higher-end accounts, like when I start trading more than $3,000, I get leverage 100:1.

I hope this helps…