live trading account with any good broker with at least US500. I dont think trading forex is illegal in Pakistan, specially excel forex-dashboard for individual or private traders, though I know opening a forex trading house is illegal in Pakistan because some dishonest brokers in Karachi and Lahore looted their clients' money and ran away. Another advise, never try to trade with local forex brokers, there is no direct forex broker in Pakistan and there can't be any due to the requirements they will have to meet to become one.
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Wish YOU THE best! According to my experience, most of the forex brokers are considered to be bad guys, because most of them use unethical tactics help people lose their money, rather than help them win. 95 for forex trades fail and about 2-3 for the remaining was ist Eigenkapital in forex successful traders earn very decent profits and most of them trade for living. Use proper entry/exit strategy, don't be greedy or impatient and always always always use proper money management and risk management. I guess one of them was ForexLinks in Karachi. This network will be of. Things will not remain as they used to be on the demo account. So that even if all your opened positions go against you and all your stoploss are hit, you lose only 1 of your account, this gives you the chance to sit again in front of your trading terminal tomorrow with fresh mind and without stress. I have been trading forex since 2004 and opened my first trading account with Alpari UK, when I was in London. Metatrader is a very comprehensive, easy and great trading software. Under-Capital Accounts: Most of the starters start with an account size b/w 300 to 500, which is very very small if you are not very expert in money management and risk management. They have recently lowered the leverage requirements from 1:400 to 1:50, which is very good.