Forex Trading

6. Excessive Leverage

Depending on your experience level, trade leverage can be a powerful tool to help you maximize returns, or it can be the cause of your downfall. It is not something to be taken lightly and if you do not understand how it works, don’t trade until you do understand.

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fxTrade Practice (formerly FXGame) is a real-time version of OANDA's foreign exchange trading platform, fxTrade. Trade under real market conditions with live prices and spreads, for as long as you want.

If you're new to forex, you'll get hands-on learning with no pressure to sign up. If you're an experienced forex trader, you will be able to test your strategies in a risk-free long-term environment.

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Trading off-exchange foreign exchange on margin carries a high level of risk and is not suitable for all investors. Trading through an online platform carries additional risks.
Please refer to our more detailed Risk Warning, and NFA's FOREX INVESTOR ALERT.
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