RFXT Lebanon Cent Account

Adam Rosen - Lead financial writer

Updated 15-May-2024

RFXT Lebanon Cent Account

RFXT Lebanon do offer a range of cent trading accounts for traders wishing to trade are variety of financial instruments in cents including stocks, Forex, commodities, cryptocurrency and CFDs with RFXT Lebanon.

Within the realm of retail foreign exchange trading, RFXT Lebanon cent accounts are a specific type of trading account in which the RFXT Lebanon balance is reported in cents rather than dollars. The sole difference between handling RFXT Lebanon accounts dealing in cents and handling accounts dealing in US dollars is in the nominal amounts and size of the denominations that are dealt with when RFXT Lebanon trading. RFXT Lebanon accounts dealing in cents are handled exactly the same way as RFXT Lebanon accounts dealing in US dollars.

A RFXT Lebanon foreign exchange trading account that is denominated in US cents rather than US dollars is known as a cent account. There are also cent accounts denominated in euros, though their use is significantly less common than RFXT Lebanon accounts denominated in US dollars. FX brokers are able to use the centesimal units of other currencies as another option for the RFXT Lebanon trading accounts.

RFXT Lebanon cent accounts quickly became a popular feature and continue to be a permanent offer from a significant portion of brokers. These RFXT Lebanon accounts were initially created to work around a rather obscure bug in the MetaTrader platform. Even in this day and age, cent-denominated accounts continue to show resilience.

RFXT Lebanon Accounting In Cents

Trading accounts that are denominated in cents are managed in the same manner as standard RFXT Lebanon accounts denominated in USD or EUR. The size of a RFXT Lebanon standard lot, which is typically 100,000 currency units, is reduced down to just 10,000 units. The actual profit or loss incurred from a RFXT Lebanon trade involving one lot is also reduced proportionally.

A RFXT Lebanon trader can operate with as little as 0.0001 standard lot in a cent account using the MetaTrader platform, which is something that would be impossible to do in a USD account without using the platform.

An Explanation Of RFXT Lebanon Cent Accounts

You have to be aware of the fact that trading forex with RFXT Lebanon, despite having the potential to make you money, can actually cause you to lose money. Never risk money that you can't afford to lose when you trade the markets, with RFXT Lebanon. Trading with leverage can wipe out your RFXT Lebanon account even more quickly.

Trading in futures contracts for difference (also known as CFDs) on RFXT Lebanon comes with a significant amount of risk and might not be suitable for all investors. It is important to keep in mind that trading in CFDs is highly leveraged, as RFXT Lebanon CFDs are leveraged products and as a result, losses may be greater than the initial capital that was invested.

Advantage And Disadvantages On RFXT Lebanon Cent Accounts

Between the RFXT Lebanon demo account and the real money RFXT Lebanon account have a account known as the cent account. To open a RFXT Lebanon cent account, you may be required to make a minimum or maximum deposit, as well as satisfy any other prerequisites. You can trade with real money as soon as you reach the 0.0001 of a standard RFXT Lebanon lot minimum position size required to open an available position.

To ensure that RFXT Lebanon customers only make the bare minimum amount of use of their services, the vast majority of Forex brokers that provide this kind of offering place caps on the maximum account and position sizes. Additionally, the RFXT Lebanon quote spreads for cent accounts are wider in order to compensate brokers for the higher costs associated with quoting quotes on behalf of RFXT Lebanon customers.

Advantages Of Utilising RFXT Lebanon With A Forex Cent Account

A great number of people see it as an opportunity to make the leap from a practise RFXT Lebanon trading account to a real, live RFXT Lebanon trading account. All of these things occur without the need for traders to put a significant amount of money at risk with RFXT Lebanon.

When you use a RFXT Lebanon cent account, it means that you are able to evaluate the services provided by the RFXT Lebanon broker on your own with very little financial risk. Because there are typically no restrictions placed on the amount of a RFXT Lebanon deposit that can be made, this facilitates a smooth transition into the foreign exchange trading market with RFXT Lebanon.

When trading Forex with RFXT Lebanon, it is a smart move to experiment with a variety of different trading strategies. Trading strategies can also be tested using the RFXT Lebanon cent account RFXT Lebanon traders employ a wide variety of strategies.

The Use Of A RFXT Lebanon Cent Account Comes With A Number Of Pros And Cons

Using a RFXT Lebanon trading account denominated in cents comes with a number of advantages. RFXT Lebanon accounts are designed for individuals who are interested in gaining some knowledge and competence in the Forex market. If you have the goal of amassing enormous profits, you should avoid using RFXT Lebanon account until you have more experience. RFXT Lebanon places restrictions on the maximum number of open positions and the overall RFXT Lebanon account size.

Due to the fact that RFXT Lebanon accounts are linked to the dollar in the United States, the spreads that are associated with it are typically greater than those that are associated with other RFXT Lebanon account alternatives.

RFXT Lebanon focus on providing new traders with other forms of educational resources, such as RFXT Lebanon demo accounts and other types of resources that can assist you in becoming more knowledgeable about trading.

RFXT Lebanon Cent Account Features

People who have a RFXT Lebanon cent account are able to trade smaller lot sizes than they would be able to with any other account type, and they can open a RFXT Lebanon cent account with a smaller initial deposit. You will need to make an initial deposit of only 1000 USD in order to open the RFXT Lebanon cent account.

How do you get your hands on the money that you've earned in your Your RFXT Lebanon Cent Account?

Withdrawing money from your RFXT Lebanon cent account, can be accessed from your RFXT Lebanon dashboard. You will only be able to withdraw to verified RFXT Lebanon payment methods and RFXT Lebanon cent account withdrawals are processed usually in 3 days. You can complete RFXT Lebanon account withdrawal transactions by utilising the same method of payment that you did for the RFXT Lebanon initial deposit. If you deposited money into the RFXT Lebanon account using a variety of methods, you can cash out your balance using any of the same methods that you used to deposit money to RFXT Lebanon.

How Do I Create An RFXT Lebanon Cent Account?

You will be required to go through a RFXT Lebanon profile verification process which will involve sending a proof of address and photo ID to RFXT Lebanon. For the protection of both your money and your identity only register and fund cent accounts from financially regulated brokers. Once you have verified your RFXT Lebanon account, and funded the minimum trading balance ( 1000 USD ) requirements with RFXT Lebanon, you are ready to trade using your RFXT Lebanon cent account.

How Do I Begin Trading With My RFXT Lebanon Cent Account?

You can join RFXT Lebanon and get started on your RFXT Lebanon cent account trading journey as long as you are over 18, have a verified RFXT Lebanon account and have funded the minimum balance and have educated yourself on the RFXT Lebanon technical analysis and risk management tools. You need to have sufficient knowledge of how assets behave in the financial markets in addition to a RFXT Lebanon brokerage account if you want to trade. To get started, sign up for an RFXT Lebanon account and go over the fundamentals using the free educational materials they provide.

How To Make Use Of A RFXT Lebanon Cent Account In Forex

It's possible that opening a RFXT Lebanon cent account is one of the best ways to get started trading forex. The unit of measurement for RFXT Lebanon cent accounts is the cent rather than the dollar. A regular forex trading account and a RFXT Lebanon cent account share a lot of similarities between the two types of accounts. However, there are a number of significant distinctions between a RFXT Lebanon cent account and a standard account.

The number of nominal funds that are associated with a RFXT Lebanon cent account is the primary characteristic that sets it apart from other types of RFXT Lebanon accounts. If you start trading with five dollars, you will see the value of your initial investment displayed as half a dollar on your RFXT Lebanon trading account.

When it comes to using RFXT Lebanon cent accounts for foreign exchange trading, there are a lot of advantages and disadvantages to consider.

Using A Forex Broker Like RFXT Lebanon That Only Offers Cent Accounts

The process of opening a RFXT Lebanon trading account for cents shouldn't be any more difficult than opening an ordinary RFXT Lebanon trading account. On the other hand, this particular type of account is not provided by all Forex brokers like RFXT Lebanon. It can be difficult for some people to find a trustworthy broker like RFXT Lebanon that is well regulated that provides cent accounts.

Those who are just starting out in foreign exchange trading make up the vast majority of traders who use RFXT Lebanon cent accounts. Because of this, they are having a difficult time deciding which broker to trust and what to focus on while looking for a broker like RFXT Lebanon.

The majority of the time, brokers offering cent accounts like RFXT Lebanon will use trading platforms such as MetaTrader 4 and MT5. Traders who use RFXT Lebanon cent accounts can choose to keep their funds in US dollars or Euros on these platforms.

Options Other Than Trading On A RFXT Lebanon Cent Account In Forex

For newcomers to the Forex market, there are several different kinds of RFXT Lebanon accounts to choose from. A RFXT Lebanon demo trading account is one type of account that you could use instead of the RFXT Lebanon cent account. However, there are some significant distinctions between these two accounts, and neither one of them is necessarily the optimal choice for novice users.

You have the opportunity to obtain virtual demo cash from when trading foreign exchange with RFXT Lebanon, which you can then use for learning purposes. When using a RFXT Lebanon demo account, there is absolutely no chance of losing any money. You can even use the RFXT Lebanon demo version of the cent account, which gives you the opportunity to practise using RFXT Lebanon trading account tool features.

In actual practise, the transition from a RFXT Lebanon demo account to a standard account can be very challenging for certain individuals. It's possible to make the case that a RFXT Lebanon demo account and a cent account serve essentially the same function. However, there are significant differences between the two that make switching between them extremely challenging.

Transitioning from a RFXT Lebanon practise account to a real-money account in live trading can be challenging for some traders. The primary reason for this is that they are accustomed to dealing with emotional challenges rather than the physical risks that are associated with using a live RFXT Lebanon account, and as a result, they have developed difficulties in overcoming these challenges.

When you open a RFXT Lebanon cent account, you will be able to participate in real trading activities from the very first moment. Because of this, you won't have to put up a significant sum of money when you first start out in your RFXT Lebanon trading career.

Smaller Than Normal RFXT Lebanon Trading Accounts

Some brokers like RFXT Lebanon also provide something called "mini trading accounts," which enable customers to engage in financial transactions using an extremely modest sum of capital.

RFXT Lebanon traders are able to enter the foreign exchange market with more manageable size positions thanks to RFXT Lebanon mini trading accounts. When it comes to the lot size for RFXT Lebanon cent accounts, RFXT Lebanon account permits trading in micro-lots with a minimum value of 0.01 cents in the majority of instances.

How To Make The Most Of Your RFXT Lebanon Cent Account And Get The Results You Want

Traders can be given a great deal of assistance by making use of a RFXT Lebanon cent account. It will provide you with unrestricted access to a live RFXT Lebanon Forex trading account while exposing you to a minimal level of risk.

If you are interested in learning more about RFXT Lebanon Forex trading, opening a RFXT Lebanon cent account is a good place to get started. You should make an effort to make the most of every opportunity that RFXT Lebanon accounts provide, become accustomed to the functioning of the RFXT Lebanon trading platform, and stay current on all of the details of live financial markets when trading in cents.

Conclusions On RFXT Lebanon Cent Accounts

Traders who are just beginning their careers in this market are the target demographic for the RFXT Lebanon cent account. Trading Forex with a RFXT Lebanon cent account is an excellent way to get started in the market. You won't have to put up a significant amount of capital in order to gain self-assurance with a RFXT Lebanon cent account. Trading with RFXT Lebanon cent accounts does hold trading risks, and you must make sure you understand the risks and use risk management like stop loss and negative balance protection offered by RFXT Lebanon.

How Does The RFXT Lebanon Account Compare Against Other Brokers?

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    Visit RFXT Lebanon

    🤴 RFXT Lebanon is Used By: 10,000
    âš¡ RFXT Lebanon is Regulated by: Capital Markets Authority (CMA)

    💵 What You Can Trade with RFXT Lebanon: Forex, Commodities, Indices, Stocks, Crypto, Futures
    💵 Instruments Available with RFXT Lebanon: 198

    📈 RFXT Lebanon Inactivity Fees:
    💰 RFXT Lebanon Withdrawal Fees: varies
    💰 RFXT Lebanon Payment Methods: Credit cards, Skrill,
    💰 RFXT Lebanon Account Base Currencies:

    RFXT Lebanon Risk warning : Your capital is at risk

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    🤴 IC Markets is Used By: 180,000
    âš¡ IC Markets is Regulated by: Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)

    💵 What You Can Trade with IC Markets: Forex, Majors, Energies, Metals, Agriculturals,
    💵 Instruments Available with IC Markets: 232

    📈 IC Markets Inactivity Fees: No
    💰 IC Markets Withdrawal Fees: No
    💰 IC Markets Payment Methods: Credit Cards, VISA, MasterCard, Debit Cards, Visa, MasterCard, Bank Transfer, PayPal, Neteller, Neteller VIP, Skrill, Poli, Cheque, BPAY, UnionPay, FasaPay, QIWI, RapidPay, Klarna, Electronic wallets (eWallets), Broker to Brokers, Thai Internet Banking, Vietnamese Internet Banking,
    💰 IC Markets Account Base Currencies: USD, GBP, EUR, CHF, JPY, SGD, AUD, CAD, HKD, NZD

    IC Markets Risk warning : Losses can exceed deposits

  • Roboforex Broker Account

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    âš¡ Roboforex is Regulated by: Financial Services Commission (FSC) License 000138/437

    💵 What You Can Trade with Roboforex: Forex, Minors, Majors, Exotics, Indices, Metals,
    💵 Instruments Available with Roboforex: 100

    📈 Roboforex Inactivity Fees: No
    💰 Roboforex Withdrawal Fees: Yes
    💰 Roboforex Payment Methods: Credit cards, VISA, MasterCard, JCB, Debit cards, Bank Transfer, Electronic wallets (eWallets), Neteller, Skrill, Perfect Money, AdvCash, BPAY, China UnionPay, FasaPay, CashU, WeChat Pay, ecoPayZ, AstroPay, Sofort, Giropay, Poli, Wepay, iDEAL, Payoneer,
    💰 Roboforex Account Base Currencies: USD, EUR, XAU

    Roboforex Risk warning : Losses can exceed deposits

  • AvaTrade Broker Account

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    🤴 AvaTrade is Used By: 200,000
    âš¡ AvaTrade is Regulated by: Central Bank of Ireland, Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), British Virgin Islands Financial Services Commission (BVI)

    💵 What You Can Trade with AvaTrade: Forex, Minors, Cryptocurrencies, Majors, Exotics, Indices, UK Stocks, US Stocks, Energies, Metals, Agriculturals, ETFs, IPO, Bonds,
    💵 Instruments Available with AvaTrade: 1000

    📈 AvaTrade Inactivity Fees: No
    💰 AvaTrade Withdrawal Fees: No
    💰 AvaTrade Payment Methods: Credit cards, VISA, MasterCard, Bank Transfer, Electronic wallets (eWallets), PayPal, Neteller, WebMoney, Payoneer,
    💰 AvaTrade Account Base Currencies: USD, GBP, EUR, JPY, AUD

    AvaTrade Risk warning : 71% of retail CFD accounts lose money

  • FP Markets Broker Account

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    🤴 FP Markets is Used By: 10,000
    âš¡ FP Markets is Regulated by: Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Financial Services Authority (St. Vincent and the Grenadines)

    💵 What You Can Trade with FP Markets: Forex, Minors, Majors, Exotics, Indices, Metals,
    💵 Instruments Available with FP Markets: 100

    📈 FP Markets Inactivity Fees: No
    💰 FP Markets Withdrawal Fees: No
    💰 FP Markets Payment Methods: Credit cards, VISA, MasterCard, Debit cards, Bank Transfer, Electronic wallets (eWallets), Neteller, BPAY, POLi, PayPal, Neteller, Skrill, PayTrust, NganLuong VN, Fasapay, Broker to Broker, OnlinePay China, Directa24, Klarna, PayTrust88, Payoneer,
    💰 FP Markets Account Base Currencies: USD, GBP, EUR, CHF, JPY, SGD, AUD, CAD, HKD, NZD

    FP Markets Risk warning : Losses can exceed deposits

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    âš¡ NordFX is Regulated by: Cyprus Securities and Exchange Commission (CySEC), License No: 209/13

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    📈 NordFX Inactivity Fees: No
    💰 NordFX Withdrawal Fees: No
    💰 NordFX Payment Methods: Bank Transfer, Neteller, PerfectMoney, WebMoney, FasaPay, CashU, Payza, QIWI,
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    NordFX Risk warning : Losses can exceed deposits

  • XTB Broker Account

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    💵 What You Can Trade with XTB: Forex, Minors, Cryptocurrencies, Majors, Exotics, Indices, UK Stocks, US Stocks, Pennystocks, Energies, Metals, Agriculturals, ETFs,
    💵 Instruments Available with XTB: 4000

    📈 XTB Inactivity Fees: Yes
    💰 XTB Withdrawal Fees: No
    💰 XTB Payment Methods: Credit cards, MasterCard, Maestro, Visa, Debit cards, Bank Transfer, Electronic wallets (eWallets), PayPal, Neteller, Skrill, Poli, Paysafe, Payoneer,
    💰 XTB Account Base Currencies: USD, GBP, EUR

    XTB Risk warning : 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

  • Pepperstone Broker Account

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    🤴 Pepperstone is Used By: 89,000
    âš¡ Pepperstone is Regulated by: Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217

    💵 What You Can Trade with Pepperstone: Forex, Minors, Cryptocurrencies, Majors, Exotics, Indices, Energies, Metals,
    💵 Instruments Available with Pepperstone: 100

    📈 Pepperstone Inactivity Fees: Yes
    💰 Pepperstone Withdrawal Fees: No
    💰 Pepperstone Payment Methods: Credit cards, VISA, MasterCard, Debit cards, Bank Transfer, Electronic wallets (eWallets), PayPal, Neteller, BPAY, POLi, UnionPay, FasaPay, QIWI, Payoneer,
    💰 Pepperstone Account Base Currencies: USD, GBP, EUR, CHF, JPY, SGD, AUD, CAD, NZD, HKD

    Pepperstone Risk warning : CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89 % of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money

  • XM Broker Account

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    🤴 XM is Used By: 10,000,000
    âš¡ XM is Regulated by: Financial Services Commission (FSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC)

    💵 What You Can Trade with XM: Forex, Stock CFDs, Commodity CFDs, Minors, Majors, Exotics, Equity Indices CFD, Energies CFD, Precious Metals
    💵 Instruments Available with XM: 1000

    📈 XM Inactivity Fees: Yes
    💰 XM Withdrawal Fees: No
    💰 XM Payment Methods: Credit cards, Debit cards, Bank Transfer, Electronic wallets (eWallets), Moneta, ABAQOOS, PRZELEWY24, Neteller, PerfectMoney, WebMoney, UnionPay, FasaPay, CashU, Payza, QIWI, SOFORT, Giropay, Payoneer, Skrill,
    💰 XM Account Base Currencies:

    XM Risk warning : CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77.74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

  • FXPrimus Broker Account

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    🤴 FXPrimus is Used By: 10,000
    âš¡ FXPrimus is Regulated by: Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Vanuatu Financial Services Commission (VFSC)

    💵 What You Can Trade with FXPrimus: Forex, Minors, Majors, Exotics, Indices, UK Stocks, US Stocks, Energies, Metals,
    💵 Instruments Available with FXPrimus: 130

    📈 FXPrimus Inactivity Fees: No
    💰 FXPrimus Withdrawal Fees: Varies
    💰 FXPrimus Payment Methods: Credit cards, VISA, MasterCard, Debit cards, Bank Transfer, Electronic wallets (eWallets), Neteller, Skrill, Payoneer, SafeCharge, TrustPay, EmerchantPay, Bitcoin, UnionPay, FasaPay, Giropay,
    💰 FXPrimus Account Base Currencies: USD, GBP, EUR, SGD, PLN

    FXPrimus Risk warning : Losses can exceed deposits

  • easyMarkets Broker Account

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    âš¡ easyMarkets is Regulated by: Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), British Virgin Islands Financial Services Commission (BVI)

    💵 What You Can Trade with easyMarkets: Forex, Minors, Cryptocurrencies, Majors, Exotics, Indices, Energies, Metals, Agriculturals, Options,
    💵 Instruments Available with easyMarkets: 200

    📈 easyMarkets Inactivity Fees: No
    💰 easyMarkets Withdrawal Fees: No
    💰 easyMarkets Payment Methods: Credit cards, MasterCard, Maestro, American Express, JCB, Astropay, Debit cards, Bank Transfer, SOFORT, GiroPay, iDeal, Bpay, Electronic wallets (eWallets), Skrill, Neteller, WebMoney, UnionPay, WeChatPay, FasaPay, STICPAY,
    💰 easyMarkets Account Base Currencies: USD, GBP, EUR, CHF, JPY, SGD, AUD, CAD, CNY, CZK, HKD, ILS, MXN, NOK, NZD, PLN, SEK, TRY, ZAR

    easyMarkets Risk warning : Your capital is at risk

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    Visit Markets.com

    🤴 Markets.com is Used By: 4,000,000
    âš¡ Markets.com is Regulated by: Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), BVI Financial Services Commission (BVI FSC)

    💵 What You Can Trade with Markets.com: Forex, Minors, Cryptocurrencies, Majors, Exotics, Indices, UK Stocks, US Stocks, Energies, Metals, Agriculturals, ETFs, Bonds,
    💵 Instruments Available with Markets.com: 2200

    📈 Markets.com Inactivity Fees: Yes
    💰 Markets.com Withdrawal Fees: No
    💰 Markets.com Payment Methods: Credit cards, Debit cards, Bank Transfer, Electronic wallets (eWallets), Skrill, Neteller, PayPal,
    💰 Markets.com Account Base Currencies: USD, GBP, EUR, JPY

    Markets.com Risk warning : 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money


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