Forex trading risk for investing?
Ok I want to start trading on forex (small ammounts to start) and I started researching (for some time now) about how it works and I have tried various practice accounts (with great success).
But I have one question in particular. Ok lets say for example Im trading with a mini account and lets say i I invest, we will say 0 USD. Ok so if for example I Trade EUR/USD at x100 I am theoretically trading borrowed money at a factor of up to 100 times the 300 i initially invested. So my question is lets say the market drops drastically for some unexplained reason and i loose big time to where I loose all of the 300 I orriginally invested. Is it possible for me to loose more than the 300 I invested (to where I have to pay for the difference)
I know that most companies (if not all) have some sort of limit to where they automattically close the account. I just want get this cleared up in my head. I realy want to start trading but I want to know all I possibly can before I even start.