Any one know about Forex Currency Trading?

Question

I would like to know any important details about Forex, mainly costs of commision fees if there are any (I am sure there are) and if this is the best choice for currency trading. Thanks!

Answer 1

yeaa... I am started using Finexo and it is working good for me. the initial amount required to open live trading account is $25 with leverage 1:200. That means if you have $100 then you can trade with $20000. they charges spread on every trade. That is 3 pips per trade.

My best choices are USD/EUR, USD/JPY, GPB/USD and EUR, RS/USD.

Answer 2

you can try a free demo account for know all the techniques. also you can find more description in this blog,

http://g3infotech.com/category/currency-...

good luck.

Answer 3

The Forex (currency exchange trading) industry is the biggest market on earth today, with a daily turnover of 3 trillion dollars! Anyone today can trade Forex online.

From this site you can download Complete Forex manual with detailed examples.

I found this site is easy and right direction to start trading.

Answer 4

You can get more information on forex trading at http://www.24hcbmall.com/forex-trading

Answer 5

you can check your options in this site.  among others, this site enables forex trading anywhere in the world. offers background information for the Forex market, Guided-Tour, seminars, one-on-one training, CHAT, telephone support, as well as other assistance tools, including technical support.  enables users to start trading immediately and with no software required to download you may login to your account and trade anytime, from anywhere.  allows you to fund your account with your credit card, so you can start trading immediately, regardless of banking work days or hours.  And If you are a frequent trader dealing in larger volumes, they offer tailor-made account to suit your exact needs (spreads, leverage ratio, mobile-phone alerts, etc.). uses the latest highly sophisticated and advanced technologies in order to offer you up-to-the-second quotes.

one unique feature of this site is whether you are a beginner or an experienced trader, for a minimum deposit of $100 which will also form part of your initial capital, they will provide an Account Service Manager (ASM) to be your personal consultant who will serve as your mentor and trading partner, will answer all your technical questions and with whom you can talk live over the phone, email, chat or any form of communication available.  you can then take this opportunity to ask everything you want to know about forex.  being an expert forex trader himself, your ASM will be your best resource person and he will even trade along with you so that you will get to familiar yourself about how the real trade is done and give you the tips and tricks you need to know and do to achieve a profitable forex dealing.

Answer 6

I use special system in trading, I consider it as the secret system as it make me about nearly80% pure profit every week, and I don't share with any, But my friends told me no problem in sharing it as forex not like any other business.

so, i decided to share it with them and you.

The automated system i use called "Forex Funnel"

Its website:  http://www.forexfunnel.net

price: $137 and has 60 Day money back guarantee.

the review site of it at:

  http://forexfunnel-review.blogspot.com

really, I liked it so much and i hope if I found it before...

You will thank me much!

Good Luck!

Answer 7

Forex Technical web , Easy Step earn Forex

and easy to Trade

I Make Money Easy by Trade Forex , I think Forex Easy $$$

My Forex Technical

I set EMA (Exponential Moving Average) 15 40 50 100 200 and support and resistance indicator

and Analysis all time M1 M5 M15 M30 H1 H4 D1 W1 MN

Video in  http://www.forexth.com/Amazing_Forex_EMA...

....... and   open chart in MT4 Program , open chart gold (GLD) , open chart OIL

...... Dollar Up = Gold Down , OIL Up = Gold Up

Answer 8

Forex trading-http://tradingsforex.info/

Answer 9

Forex is a wonderful vehicle to make money, but be aware that if you don't know what you're doing in this market, you can lose your money just as fast as you can make it.

I have never seen a brokerage that charges a commission.  Instead, most charge a certain number of "pips" (price interest points) to use their money for leverage in the market.  I have also seen, though this is uncommon, a few brokerages that charge a flat percentage to use their money.  It's all pretty affordable, unless you start trading some exotic currencies.

You also need to know that, once you have begun your trading, there are two forms of analysis that you can use in deciding whether to buy or sell a currency:

1) Technical Analysis - This form uses charts and math equations to predict for you whether a currency is going to go up or down in value.  Some people use Technical Analysis exclusively.

2) Fundamental Analysis - This form uses announcements from governments and central banks to determine whether a currency is going to go up or down in value.  For example, if the chairman of the Federal Reserve in the US announces that interest rates are going to be raised, then the value of the dollar will in all likelihood go up based on that announcement.   Like Technical Analysis above, there are people who only use Fundamental Analysis exclusively to determine their next move(s) in the market.

I believe that you should use both. I won't tell you why here, because it's a fairly long answer.

Start reading some books on the subject.  There aren't many Forex books at most bookstores, so you might want to try online, for example Amazon.  Type in these keywords to see what you come up with:

Technical Analysis

Fundamental Analysis

Currency Trading

Foreign Exchange

Japanese Candlesticks

Those terms should bring up quite a few books.  

And here's one thing I would not do.  I would not join one of these groups that claim they will teach you how to trade currencies for a price of $3,000 to $10,000.  I have talked with some of these people, and I got the distinct feeling that they knew no more (and in one case knew less) than I knew at the time.

I am very grateful that I made the effort to learn it on my own.  I am so much better informed and my understanding is so much deeper because I did it that way.

If you want to talk about this more, then feel free to send me an e-mail.

Good luck to you!  Again, make sure you really know what you're doing before you expose any money to the market.  There is a lot to know.

Answer 10

Hi,

Forex trading is buying one currency in relation to another and hoping that it'll increase in price.

It's a great way to make money.

The commissions vary between one broker and another: you have to trade through one. If you're profitable the commissions are slim.

You can download a free forex course here: http://www.squidoo.com/ForexAutopilotRev...