This week the US NFA (National Futures Association) published a revised edition of its investor education booklet for consumers interested in the retail off-exchange FX market. Called Trading forex: what investors need to know , the booklet contains some useful information in its 24 pages: what transaction costs one might pay, how to close out a position, how to work out profits and losses, how much minimum deposit one might need – the sort of thing that, if anyone traded without knowing, they’d deserve to lose their shirt.
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