Will a forex broker reject my application?
I’ve been demo trading for a month now(MGForex), so I decided to check out the application process for when I’m ready to open a live account. The application asks questions about your current finance, education level, etc.
I’m young, low-paying job, no college etc., so my question is: as long as I’m able to open an account with the minimum amount, will a forex broker have any reason to reject my application?
Also, any general advice from experienced traders is appreciated. I’ve been failing pretty hard at demo trading and I’m in serious need of direction. It seems like forex education sites always assume that you already have all this financial knowledge, then when you try to research a term, you have to research five more terms about that term, then ten more until you end up lost.