Trading forex without leverage involves buying and selling currencies directly on the spot market, without the use of any borrowed money. This means that you will need to have enough capital in your trading account to cover any potential losses. Here are a few steps to help you trade forex without leverage:
- Choose a forex broker that allows trading without leverage.
- Open a forex trading account and fund it with your own capital.
- Research the markets and currencies you wish to trade.
- Place trades using your own capital, rather than borrowed money.
- Use stop-loss orders to limit potential losses.
- Monitor your trades and adjust your strategy as necessary.
It’s worth noting that trading forex without leverage can be more challenging and requires more capital. With leverage you can trade with a smaller amount of money but it also increase the risk of losing more money in case of a bad trade.