Trading FOREX in cents?

I'm testing a FOREX trading from FXegypt, where it allowed customer to trade with very little deposit. Customer should open a "micro account", their deposit then considered in cents. I believe each point also gives smaller yield than standard account.

Anyone have tried this allready, any comment is appreciated.

ROFL...

Thats funny, ive never heard of that before. If you are just just testing it, many sites have tournements ect that you can play in with fake money. But real time trades.

Ive never heard of that company before, because I deal directly with the market. But it sounds interesting. Im sure you just have to cover their pips in a trade, which is usually pretty small since FOREX has no commission or trade fees.

Good Luck it sounds fun.

I would be very, very weary of these types of forex programs. More often than not, they are scams. The only way to avoid being taken is to be educated.

Here are some resources:

http://www.pfxglobal.com/index.php?optio...

www.forexfactory.com

www.forexbastards.com

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