Trading Without Investment on Forex - Top 4 Ways to Make Money

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Ways to Trade on Forex Without Investment

Affiliate Programs – Earn commissions by referring traders, based on their activity.
No-Deposit Bonuses – Brokers provide free starting capital; profits are withdrawable after meeting conditions.
Trading Contests – Compete for cash prizes or bonuses without risking your own funds.
Demo-Account Competitions – Trade with virtual money and win real rewards.

Forex trading once had the reputation of being a playground for the big banks and the high rollers with deep pockets. But times have changed. Thanks to the rise of online brokers and accessible trading platforms, it's no longer just for the financial elite. Nowadays, even those with a modest bank balance can dip their toes into the currency exchange waters. While it's still wise to trade with a comfortable financial cushion, it's not a strict requirement. In this piece, we'll look at some of the best ways that even individuals with minimal or zero starting funds can embark on the journey of Forex trading.

Today, top brokers can attract traders with lucrative offers that allow you to make money on Forex without an investment. These are affiliate programs, non-deposit bonuses, and contests, including demo account contests.

Top 4 options to get profit on Forex without investments

Here are four of the top methods for earning money in forex without putting up your own capital:

Forex Affiliate Programs

Many brokers offer affiliate programs where you can earn commissions for referring new clients. Typically, you share your unique referral link and receive a bonus when someone signs up and/or deposits through your link. The broker benefits by acquiring more customers, while you benefit by earning passive income from their trading activity without trading yourself.

Non-deposit bonuses

Brokers frequently provide bonuses to attract new traders. Common options include no-deposit bonuses (free money just for opening an account), deposit matches (the broker matches your deposit up to a certain amount), and cash rebates on trades. These let you increase your trading funds without adding more of your own money.

Brokers’ Contests

Brokers and trading communities often hold contests with prizes for top demo or live account performers over a given period. For example, whoever grows a $10,000 demo account the most in one month could win $1,000. These contests allow you to profit from your trading skills without risking personal capital.

Traders' Contests on Demo Accounts

Some brokers and trading communities like Traders Union hold contests specifically for demo accounts. These allow you to compete against others with virtual funds to win real cash prizes. It's a way to gain experience and supplement your trading income without any investment.

Alternative Option: Funded Trading Programs

Proprietary trading firms offer evaluation programs to fund successful traders. By passing simulations and challenges, you prove your ability and get access to trade a firm's capital, keeping a portion of the profits. This path allows you to trade larger size without providing upfront funding.

We will explore each of these methods in more depth throughout the rest of this article to understand how you can realistically make money trading forex without any upfront investment.

Forex affiliate programs

This method of making money on Forex without investments does not require direct trading. The affiliate program is about making money for bringing new clients to the broker. The specifics of the process may differ slightly from brokerage to brokerage, but the basic process is the same for all:

You register on the broker's website and fill out the form to join the affiliate program.
The broker (sometimes – after verification) provides you with a personal referral link.
Now anyone who registers on the broker's website using your referral link will bring you a profit (there may be certain conditions as further described below).

As simple as that, the broker gets a new client, and the broker thanks you with a cash reward. But the cash reward may not come immediately upon the mere registration and verification of the invited trader. In most cases, the newly-registered trader must actually make a deposit (and sometimes, conduct trades). For example, the new guy must register; be verified; download the broker’s terminal; and make the first deposit. The conditions are different among brokers, but you should understand that brokers are prodigious in protecting themselves from cheats and scammers. Also, you may get continued cash beyond the initial recruitment bonus, if the new guy becomes a prolific trader with many wins.

Requires no investments from you
You don't have to actually trade on Forex; no risk
You get passive income by posting a link in an active forum thread
You may work with affiliate programs of several brokers at once

You need to be a society opinion leader and a good marketer and promoter on various Forex forums and/or social media platforms because if you have no "weight", no one will follow your link or suggestions
This is an option for making money for socially active people who communicate a lot on social media platforms, such as TikTok, Twitter, WeChat, Facebook, etc

An affiliate program is normally not worth considering as the main source of income. But this is an effective way of making money on Forex without investments with a view toward passive “extra” income. An affiliate program is a good stable bonus for socially active people.

Types of affiliate programs by brokers

Generally, an affiliate program requires a special agreement. Under the agreement, the broker shall transfer the specified amount of money to your account when the invited client performs the agreed-upon objective actions.

Online-partner
This is the classic version of affiliate programs, which is when you have an interest in the successful trades of the invited trader who followed your referral link.
CPA-partner
In this case, you get a one-time bonus for each new client. This option is perfect for webmasters, SMM specialists, and Internet marketing specialists.
Representation
This is the top level of partnerships. You can become a broker’s representative by opening an office or website. Now the profit will be calculated specifically for you.

The first and second points are profitable options for making money on Forex without investing any money. None of these affiliate programs requires you to actually trade in the Forex market. A well-promoted blog on a social media network, a personal website, and/or an authoritative profile on the Forex forum is essential to successfully promote affiliate programs for recurring passive income because it will help to attract new clients to the brokers you represent more effectively and get you more income.

Top 5 Apps with Forex affiliate programs

	Program name	Rewards	Accessible to	Referral code or referral link to the bonus page
Eightcap	Eightcap Partners	$6 per lot + revenue share	All Clients	Claim your bonus
XM Group	XM Partner Program	Up to $650 CPA	All clients	Claim your bonus
Bybit	$5,000 in Welcome Rewards	Up to 5,000 USDT	All clients	Claim your bonus
Exness	Exness Partnership Programs	Up to $1,850 for every client up to 40% of revenue	All clients	Claim your bonus
Markets4you	Refer a Friend	$50	Asia, Africa	Claim your bonus

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Unlimited

Expiration date

EightCap Partners offers a range of partnership opportunities, including Introducing Broker (IB), Affiliate, Influencer, and White Label programs. Partners can earn competitive commissions based on the trading activity of their referred clients. The program provides access to a comprehensive suite of marketing tools and support to help partners maximize their earnings. The exact bonus and commission structures are tailored to the partner's performance and the volume of referrals.

How to claim?

Click "Become a Partner" and fill out the registration form
Refer clients and earn commissions

Request Bonus

Unlimited

Expiration date

XM Partners is an affiliate program in the forex and CFD trading industry. It offers multiple commission plans, including revenue share, CPA, and hybrid models. The program provides various marketing tools like banners, landing pages, and email templates to assist affiliates in driving traffic. Affiliates benefit from real-time tracking, detailed reporting, and multilingual support. Dedicated account managers are available for assistance. Known for its reliable payouts and the credibility of the XM brand, XM Partners is a dependable choice for financial market referrals.

How to claim?

Sign up on the XM Partners website
Attract potential clients to XM
Receive Payouts

Request Bonus

Unlimited

Expiration date

The Bybit Welcome Gift offers new users an exciting opportunity to start their trading journey with rewards. By simply registering and making a deposit, new traders can receive up to $5,000 in bonuses. These bonuses can be used to enhance trading on the platform, offering a great way for beginners to get a head start. With multiple reward tiers based on your deposit amount, this promotion is ideal for those looking to explore the world of crypto trading with added benefits.

How to claim?

Register an account
Verify your identity
Complete the tasks and earn the rewards

Request Bonus

Unlimited

Expiration date

Exness Affiliates offers partnership programs where partners can earn by referring traders to Exness. The program includes the Introducing Broker (IB) model, where partners can earn up to 40% of Exness's revenue from every referred active trader. There's also an Affiliate Program offering up to $1,850 per referred client. The platform supports partners with various marketing tools and provides timely payouts, aiming to help partners maximize their earnings efficiently.

How to claim?

Sign up for the Exness Partner Program website
Complete the verification process
Choose a Partnership Type
Start promoting Exness
Receive commissions from the clients you refer

Request Bonus

Unlimited

Expiration date

The refer-a-friend promotion gives $50 to the referrer for every successful referral. The referrer and the referee will receive $50 each when the referee deposits at least $100 and trades at least 5 lots. The bonus cannot be withdrawn but is used for trading and there is no limit to the number of referrals or the amount of bonus that can be earned. This promotion is available to all clients from Thailand, Laos, Vietnam, Malaysia, Indonesia, India, the Philippines, and Nigeria.

How to claim?

Open an account if needed and complete verification.
Deposit the required amount and trade the minimum volume for at least the specified time.
Share your unique referral code with friends.
Earn rewards when your referrals start trading.

Request Bonus

Traders Union affiliate program

Traders Union also offers its own affiliate program, which is considered by many to be the most profitable option for earning money in the Forex market without making investments. All you need to attract clients is to give them your referral link. You can bring clients to any broker on the list of Traders Union partners and there are dozens of top companies.

Keep in mind that it is more profitable to register with a broker through the Union's website than directly with the broker because the trader gets a refund of a part of the commission (spread) that the broker charges from his successful trades; 100% free legal support; and access to contests on demo accounts with real cash prizes are also provided.

Benefits of the Traders Union affiliate program:

You get 10% of the income of each trader attracted.
You get 5% of the income of each trader who was invited by the client you referred.
You have a personal account with detailed statistics, where all information about partners for the last 5 months is stored.
Profit is calculated not by the number of transactions, but by the volume of trades. Payments are made directly to your personal account automatically.
It does not matter which broker you work with, the mode of the transactions, or the period of time your partner trades.
Traders Union provides its own collection of attractive banners for integration into your recruiting efforts.

This last point is of prime importance. You can publish not just a referral link on forums or websites, but a high-quality professionally created banner, which significantly increases user interest and the conversion of forum or site visitors to partners.

To become a Traders Union partner:

1. Register on the Union’s website.
2. Read the affiliate program rules.
3. Get the referral link from your broker in your personal account (see the “Partner’s income” section).
4. Post the link and banner on your website or external sources.
5. Make money!

Each Traders Union client who follows your banner or link will bring you money. However, you can post them anywhere – in signatures on forums and in emails, on personal sites, blogs, communities, and personal pages on social media. You have no restrictions on the placement of referral links and banners from the Traders Union side.

Free Forex money: Non-deposit bonuses

Non-deposit bonuses are the most popular way to trade Forex without investment. As the name suggests, to start trading, you do not need an initial deposit; that is, there is no need to deposit personal funds into your account. Choose a broker, register directly on its website (or with the Traders Union website, as it is more profitable) and as soon as you open your first account, you will get the non-deposit bonus immediately!

Note! The non-deposit bonus does not work for demo accounts because only virtual money is used on demo accounts. Also, many brokers do not provide bonuses for cent accounts and some other types of accounts. The accounts where you can get a bonus will be indicated in its description.

Brokers have varying conditions for non-deposit bonuses. The receipt terms, size, account types available and many other parameters differ. But in general, all bonuses can be divided into several types.

Non-deposit bonus type	Advantages	Disadvantages
One-time non-deposit	You do not need to replenish your account to get this bonus. Just fulfill the conditions required.	The bonus is given only once.
One-time, replenishment required, fixed	This bonus shall be provided if you deposit any amount for the first time (even $1). The bonus has a certain amount and does not depend on the replenishment amount.	The bonus shall be given only once but requires a replenish of at least a minimum deposit into your account.
One-time, replenishment required, interest	This bonus shall be provided if you deposit any amount for the first time (even $1). The bonus depends on the deposit amount (for example, 200%).	The bonus shall be given only once but requires a replenish of at least a minimum deposit on your account.
Multiple with options	You need to replenish your account with at least a minimum deposit. It can be fixed or will be calculated as a percentage of the deposit amount.	You need to consistently replenish your account for any amount to get a bonus.

A non-deposit bonus that does not require replenishment and which can be withdrawn later is the most profitable option. Brokers do not allow the withdrawal of bonus funds immediately, without successful deals, because in such a case many people would simply register, withdraw the bonus and leave. Bonuses shall be won back. There are also non-withdrawable bonuses and they are also profitable because they give you start-up capital without personal investment. Several options in the table are not fully no-deposit; you must make at least a minimum deposit ($1-10) to activate them. Please note that many brokers provide additional bonuses for large deposits.

The non-deposit bonus provides you with an excellent opportunity to try your hand without risking your money. But no matter how attractive Forex is with non-withdrawal investments, it is viable only for novice traders. Further, to become a professional trader and get significant profits, you shall work with larger amounts on a real account. This is necessary to open more deals and increase rates, to work with leverage (many brokers do not provide leverage for bonus funds).

	Program name	Rewards	Accessible to	Referral code or referral link to the bonus page
Bybit	20 USDT Welcome Gifts	20 USDT	New clients	Claim your bonus
XM Group	No Deposit Welcome Bonus $30	$30	Excluding clients under CySEC, ASIC, and DFSA jurisdictions	Claim your bonus
InstaForex	$1000 Startup No Deposit Bonus	$3,500	New clients	Claim your bonus

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Bybit's 20 USDT Welcome Gifts promotion is designed to reward new users who join the platform. The offer celebrates Bybit reaching 15 million users, providing newcomers with a 20 USDT coupon upon registration. This incentive aims to familiarize new users with the platform's features and encourage their active participation in trading.

How to claim?

Sign up.
Receive a USDT coupon as a reward.

Request Bonus

Unlimited

Expiration date

XM offers a "Trading Bonus" promotion, giving new clients from Oman, Singapore, Malaysia, UAE, Kuwait, Bahrain, and Bruneia $50 bonus without requiring a deposit. In certain regions, new clients are eligible for a $30 No Deposit Bonus, This bonus is credited automatically upon account opening and can be used for trading. Profits made from the bonus can be withdrawn, though the bonus amount is deducted proportionally upon withdrawal. The bonus is valid for 30 days. This promotion is not available to clients under the jurisdictions of CySEC, ASIC, and DFSA.

How to claim?

Register a new trading account
Complete the account verification
Claim the Bonus
Complete the SMS verification

Request Bonus

Unlimited

Expiration date

The $1000 STARTUP bonus is a no-deposit bonus that allows new clients to start trading on Forex without any initial investment. Following registration, verification, and contacting customer service, the bonus amount is automatically credited to the client's account. The bonus can be used for trading purposes only and cannot be withdrawn. However, the profits made with the bonus can be withdrawn at any time. The bonus is available for all account types on the MetaTrader 4 and MetaTrader 5 platforms, and the bonus is valid for 7 days and can be canceled at any time.

How to claim?

Register Live account
Apply for the bonus
No verification needed

Request Bonus

Contests conducted by Forex brokers

Forex brokers often conduct contests to attract new traders and keep existing ones engaged. These contests come in various forms, but they all offer the opportunity to trade without investing your own money and the chance to earn real money if you win.

What are Contests?

Forex contests are competitions hosted by forex brokers where traders compete against each other using demo or live trading accounts. The goal of these contests is to secure the highest returns within a specific period. Traders are usually given a virtual initial deposit, and the one who makes the most significant profit by the end of the contest wins.

Types of Contests

There are two main types of forex contests:

Demo Contests

These contests are risk-free as they are conducted on demo accounts loaded with virtual money. They are ideal for beginners who want to learn trading without risking real money.

Live Contests

These contests involve real money and are conducted on live trading accounts. They are suitable for experienced traders who have confidence in their trading skills.

Now, let’s look at the contest conditions of some popular forex brokers:

	Promotion name	Rewards	Accessible to	Referral code or referral link to the bonus page
Eightcap	Eightcap Demo Competition	1 place - $1,000 2 place - $500 3 place - $300	All Clients	Claim your bonus
XM Group	XM Competitions	Prize pool $130,000	All clients	Claim your bonus
NPBFX	Trading Battle Demo	$100 to $1,000	All clients	Claim your bonus

Request Bonus

Monthly

Expiration date

The Eightcap demo competition is a monthly contest hosted by Eightcap that allows participants to practice trading with virtual funds while competing for real prizes. The initial deposit is $10,000, with a leverage of 1:400. The total prize pool for each monthly contest is $1,800, and the winners will be determined by the highest percentage return at the end of the contest.

How to claim?

Request Bonus

Unlimited

Expiration date

The XM Competitions Program offers a variety of trading contests through its Copy Trading Platform, allowing traders to compete for cash rewards or trading credits. Open to both new and existing clients, participants need a verified real or demo trading account to join. Competitions range from daily challenges to monthly marathons, with performance ranked based on trading activity. The program provides a fun, competitive way for traders to showcase their skills and earn additional rewards.

How to claim?

Open an XM real or demo account
Complete the verification process
Meet the equity requirements
Join competitions through the Copy Trading Platform

Request Bonus

Monthly

Expiration date

NPBFX offers a monthly demo trading competition called “Trading Battle Demo”. The competition is open to all clients who have a registered demo account with NPBFX. The goal of the competition is to achieve the biggest profit, increase the initial funds by a minimum of 30%, and close a minimum of 10 trades. The top 10 traders with the highest profit at the end of the month will receive prizes ranging from $100 to $1,000. In addition, there is a special prize of the newest iPhone 15 Pro for the trader who increases their initial deposit by more than 50 times.

How to claim?

Open a DEMO account with the specified balance.
Complete the verification process.
Register to participate in the contest.

Request Bonus

Traders’ contests on demo accounts

We have established that many brokers offer contests on demo accounts as an option to profit on Forex without investment. But members of the Traders Union often prefer to participate in our exclusive competitions held by our trading union. Why? There are two reasons. First, we conduct such contests monthly. Second, we have a significant prize pool of $200. No broker has such a great prize pool.

Moreover, very few brokers hold contests with real payments on demo accounts. And quite a few have introduced them on an ongoing basis (some operate on a tournament format with significant contributions from their trader colleagues, which discourages novice traders from participating). That is why Traders Union contests on demo accounts are so popular.

Benefits of participating in demo contests:

You gain practical experience with real trading instruments. Demo accounts differ from real ones only in that virtual currencies are traded on them. The currency pairs, quotes, and software are exactly the same.
All you need is to register and open an account with a broker to participate in the contest on a demo account. Thus, the contests allow you to test a specific broker, the instruments offered by him, and the trading platform.
Since trading on the demo is conducted with real inputs, real methods of fundamental and technical market analysis are applicable to demo accounts. Therefore, it is beneficial to participate in such contests to test strategies.
Demo contests are an opportunity to start trading on Forex without investments. The benefits, therefore, of entering a contest using a demo account is that you do not need a deposit for a demo account; you will get the prize money paid directly into your real account; and you can use them for real trading on the foreign exchange market

Certainly, this method of making money on Forex without investments is good only for novice traders. Sure, a $45 first place win is a significant bonus, but it cannot serve as your primary earnings. Professionals make such an amount every 2-3 hours. However, the Traders Union contests provide an excellent opportunity to practice and earn on your first deposit!

Alternative Option: Forex-funded Trading Programs

Funded trading programs have emerged as a way for new traders to get funded by prop firms through evaluation and testing periods. These programs allow traders to prove themselves by trading live with the firm's capital after passing simulation evaluations. Once funded, traders typically earn a percentage of their profits while the firm handles the capital risk and operational components.

The funded model offers benefits for both traders and prop firms. Traders gain valuable experience without having to risk much personal capital, while prop firms can evaluate trader performance prior to allocation of significant capital. This allows firms to only fund those traders who have demonstrated skills and align with the firm's trading style and risk parameters.

Best prop trading companies
	FundedNext	Hola Prime	SabioTrade
Profit split up to, %	95	95	90
Forex
Refundable Fee
Funding Up To, $	4 000 000	4 000 000	200 000
Open account	Open an account Your capital is at risk.	Open an account Your capital is at risk.	Open an account Your capital is at risk.

Is it Worth Trading Forex With No Starting Money?

The short answer is - it can be worth it to a certain extent, but only as a starting point, not as a primary strategy. Trading Forex without any capital allows new traders to get their feet wet and learn basic concepts in a low-risk manner through demo accounts and practice contests. However, there are also clear limitations.

While demo trading is ideal for getting familiar with the platform interface and placing basic orders, it does not accurately simulate the psychological pressures of using real money. Risk management skills cannot fully develop without feeling the threat of financial loss. Many trading behaviors, both good and bad, only manifest under true risk.

In addition, opportunities for profits are minor without funds. Non-deposit bonuses are usually small, and demo contests offer low prize pools. A serious full-time trader could not rely on those low potential returns alone. Substantial ongoing earnings require a higher budget and larger trade sizes to start.

For experienced traders who have spent time developing their methodology, approaching prop firms could potentially provide another avenue to trade with larger sizes. However, the acceptance process is extremely selective and competitive. Prop trading should not be viewed as a realistic prospect until one has passed through the early learning phases and proven their abilities with consistent results over many months/years of trading live with real funds.

In summary, while options like demo accounts and small bonuses allow starting with no money invested, this is really only suitable briefly in the introductory phase. To develop seriously as a trader and generate substantive ongoing returns, depositing and risking one's own capital at some point becomes a necessity to access higher trade sizes and continue skill progression. Prop funding, if achieved, could supplement this later for qualified pro traders, but is not a substitute for the initial funded learning period.

Tips for Success in Trading Without Investment

Based on my experience navigating this field, here are some tips to guide you on your Forex trading journey:

Master the basics - Invest time learning core concepts like candlestick patterns, support/resistance, pips calculations, indicators like RSI, moving averages, etc. Also, study the basics of charts and fundamental analysis to spot opportunities
Practice strategies on a demo - Use virtual funds to test strategies like scalping, swing trading, and managing orders like take-profit/stop losses. Perfect your execution before risking real capital
Stay updated on news and events - Keep up with market-moving announcements on economic data, interest rates, political changes, etc. to adapt positions and manage risks
Learn prudent risk management - Use stop losses, limit margin usage, and diversify across currency pairs and timeframes. Applying sound risk practices is key for all investors
Start small, scale up slowly - Trade micro lots initially as you refine strategies. Once consistent, gradually increase position sizes and P/L goals
Choose regulated brokers - Pick licensed entities and check reviews thoroughly to avoid opaque fees, costs, and withdrawal issues
Objectively review your trades - Analyze both winning and losing trades to identify weaknesses. Improving your processes is vital for long-term success
Stay patient and disciplined - Stick to tested plans, and resist overtrading. Impulsiveness often proves fatal. Patience and discipline will serve you well
Keep emotions in check - Don't let fear or greed drive decisions. Stay detached and focused on your goals, and plans

No one succeeds overnight, so you should view Forex as a lifelong journey to mastery. Keep improving through practice, analysis, and learning.

Earnings on Forex without investments | Expert’s opinion

Making money on Forex without investments is possible! It happens every day. There are many ways: non-deposit bonuses, affiliate programs, and contests on real and demo accounts. Contests for demo and non-deposit bonuses are especially beneficial because they allow you to get an initial deposit to start real trading and to gain practical experience step by step.

Other types of bonuses and contests on real accounts also give good, albeit irregular, profits. That is, contests are held periodically, and the trader gets bonuses only for certain actions. Therefore, such methods cannot be considered as full-fledged earnings, and in any case, you should start trading on your own with an investment of more significant funds or invest in trust management as an option.

FAQs

Is it possible to make money on Forex without investing funds?

Yes. Top brokers offer their clients and partners a wide range of options. The most profitable are affiliate programs, non-deposit bonuses, contests on real and demo accounts.

What does an affiliate program with a broker offer?

The broker pays you a reward for each client attracted. But it is more profitable to work on the Traders Union affiliate program: payments here are not one-off, but regular, and there are many other advantages.

What kinds of non-deposit bonuses are there?

Some bonuses are given for merely opening an account, others for replenishing it. Some of them could be withdrawn after several successful transactions, others cannot. Each broker offers its own conditions for such bonuses.

Why should I participate in Forex contests?

Contests on demo accounts provide you with an important experience and allow you to make money from your first real deposit. Contests on real accounts for professionals can be a good source of income.

Team that worked on the article

Oleg Tkachenko is an economic analyst and risk manager having more than 14 years of experience in working with systemically important banks, investment companies, and analytical platforms. He has been a Traders Union analyst since 2018. His primary specialties are analysis and prediction of price tendencies in the Forex, stock, commodity, and cryptocurrency markets, as well as the development of trading strategies and individual risk management systems. He also analyzes nonstandard investing markets and studies trading psychology.

Also, Oleg became a member of the National Union of Journalists of Ukraine (membership card No. 4575, international certificate UKR4494).

Learn about our editorial policies

Dr. BJ Johnson is a PhD in English Language and an editor with over 15 years of experience. He earned his degree in English Language in the U.S and the UK. In 2020, Dr. Johnson joined the Traders Union team. Since then, he has created over 100 exclusive articles and edited over 300 articles of other authors.

Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets. Her specialties are daily market news, price predictions, and Initial Coin Offerings (ICO).

Risk Management

Risk management is a risk management model that involves controlling potential losses while maximizing profits. The main risk management tools are stop loss, take profit, calculation of position volume taking into account leverage and pip value.

Forex God

The informal term "Forex Gods" refers to highly successful and renowned forex traders such as George Soros, Bruce Kovner, and Paul Tudor Jones, who have demonstrated exceptional skills and profitability in the forex markets.

Leverage

Forex leverage is a tool enabling traders to control larger positions with a relatively small amount of capital, amplifying potential profits and losses based on the chosen leverage ratio.

Prop trading

Proprietary trading (prop trading) is a financial trading strategy where a financial firm or institution uses its own capital to trade in various financial markets, such as stocks, bonds, commodities, or derivatives, with the aim of generating profits for the company itself. Prop traders typically do not trade on behalf of clients but instead trade with the firm's money, taking on the associated risks and rewards.

Day trading

Day trading involves buying and selling financial assets within the same trading day, with the goal of profiting from short-term price fluctuations, and positions are typically not held overnight.

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