Today currency operations have become rather widespread activities: a daily turnover of the FOREX world currency market is up to four trillion US Dollars. Not less than 80% of all deals are operations, the purpose of which is to get profits from playing with the difference of currency exchange rates.

However, we must not forget about risks that accompany work on the Forex market.

A risk of losses from trading operations with currencies on the margin trading account may be significant. That is why a client must carefully think whether such type of activities is acceptable for him with a view of his financial standing.

When working at Forex one must remember that:

A leverage is used in trading. It means that any movement of the market is reflected at the account, and is increased manifold. A leverage may work both for you and against you. If the market is moving against your positions, you will have to refill your account with substantial funds in order to support positions. If you do not provide the required funds to support your positions within the specified time period, you will have to pay for possible loses. You can reduce the risk level by using of the orders “stop-loss” and “limit”.

Besides, there are risks connected with the technical aspect of trading. They include low quality communication, fault or failure of hardware and software. First of all this applies to remote clients. In order to prevent and reduce risks connected with the technical aspect, we must remember that there is a backup option for making deals – a telephone.