Check frequently asked questions about Trading forex
Resolved Question: what are conditions of trade that make forex market necessary?
15 Dec 2008, 6:23 am | click here to view more
Open Question: Can anyone recommend a reliable FOREX trading platform?
Several searches of google provide hundreds of results for companies providing this service, is anyone using or has used any they would recommend? I am new to FOREX and would ideally like to start on a trial basis, with a view to real investments in time, so recommendations for either would be appreciated. Thanks
4 Jan 2009, 10:44 pm | click here to view more
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Open Question: I do online Forex trading in USA. Profit is sent to my SB A/c in Kerala. Is this remittance taxable?
Is the remittance from overseas thru legal means into my bank SB account subject to any taxations? Or limitations?
3 Jan 2009, 11:06 am | click here to view more
Open Question: which is the best (PDA smatphone or else) for forex trading i mean?
it most have: wifi ,could support platform such MT4, 3g hedg and stuff gps whould be nice too i am undecide between the STORM or the curve or the htc HD or i don't know sometimes even the iphone but i still tjink there's betteram lost cuz i don't know which to pick.......for the best i'll give 10 point and i'll offer her/him a pizza ...thanks
30 Dec 2008, 10:58 pm | click here to view more
Resolved Question: Have you traded in the FOREX market?
Is it true you can lose 10 times what you put in? For example if I start with 100 I can actually lose 1000 off that hundred because they let you buy 10 times more than what you got?
14 Dec 2008, 4:03 pm | click here to view more
Resolved Question: Why do people get so irate about a hypothetical North American Union?
It seems that everyone discussing this issue spends every of their time fuming about enhanced cooperation between our friendly neighbors to the north and south. Rarely are the costs and benefits ever discussed in a rational manner. A NAU would enable: - Lower costs of living, as the red tape associated with cross-border trade would be eliminated. - The elimination of unproductive forex transactions for intra-continental trade. - A stronger, less volatile currency, benefiting every 3 countries. - Enhanced international clout and bargaining power, thereby advancing North American interests more effectively. - An additional layer of separation of political power, and a renew impetus for competence in government. - More secure borders, as it's vastly easier to defend the borders of North America as a whole than of the individual countries within North America. ...Among many other benefits. Now, I understand the anxiety surrounding what may appear to be national integration, but let's be honest - North America is more politically, ideologically, and ethnically homogeneous than probably any other continent. Removing the arbitrary borders, would you honestly be able to tell where Texas stops and Mexico ends? Or where Washington state stops and British Columbia begins? What's more, while any sort of rework to the current political structures means that we must be vigilant of our freedoms and civil liberties, what evidence is there to suggest that a NAU would be any more or less liberal (as regards liberty, not "progressive" or "Democrat") than the power structures such as they currently exist? I think that the citizenry of a government not founded on nationalism would be much more vigilant, and thus we'd be freer; history has shown repeatedly that people are much more willing to endure oppression at the hands of their "countrymen" than by "foreigners." So then, still mad? Is it not time to have a real debate about such a Union, rather than the shrill conspiracy-mongering that currently dominates the discussion of this issue? thamsenman!: Presumably, such a union would entail freedom of movement within the continent; thus "illegals" (i.e., Mexicans) would no longer be such. Additionally, and as I said, it's much easier to secure the borders of North America as a whole than of the individual states; thus, illegal immigration would be sharply reduced. thor_torkinson: I didn't "pick this up" anywhere, I wrote it myself. As to living standards, we already have free movement of capital within North America, which means that a Union would do nothing to lower wages; quite to the contrary, integration of regulatory and labor standards would likely lift wages by disallowing corporations from externalizing their costs by moving to Mexico, where such standards are presently lower than in the US and Canada. In short, it would merely improve the efficiency of the system such as it currently exists, raising living standards for every in absolute terms. It's every gain, no pain. gamefreak: - I don't agree that the size of the government corresponds to the degree of corruption in any meaningful way. Governments in sub-Saharan Africa are a tiny fraction of the size of those in western liberal democracies, but they are vastly more corrupt. - I would presume that a written constitution would be a part of any such agreement. What it contained would be up to the people as expressed through the democratic process. - The next logical step would absolutely be a world government, to which many of the same issues and benefits are applicable. In addition to being necessary to deal with global issues, I think such a government is inevitable. Economic integration inexorably leads to political integration. Do you honestly think that in 100 years' time or more, when humanity is colonizing the solar system, we'll still have the nation-state model of political organization? Highly doubtful. - Citing "national sovereignty" as an objection is circular. Brad: - Here's the thing - the NAU doesn't exist at gift. There is the SPP, but that's merely a diplomatic framework, certainly not a government. - Anarcho-capitalism, in addition to being completely impractical (How are you going to deal with global climate change? Would private citizens be allowed to possess nuclear arsenals, and if not, who would cease them?, etc.), sounds to me to be the worst possible form of totalitarianism. Not that it will ever happen; laissez-faire always leads to fascism, not anarchy, as business interests always seek to use their economic power to leverage political power if left unchecked by government and/or organized labor. - I agree that the majority should not receive to vote on the rights of the minority, though I would disagree with you as far as property ownership being an inalienable right.
1 Jan 2009, 8:07 pm | click here to view more
Voting Question: What time exactly is the forex rate set?
I am wondering what time does the trading on forex close so the ratios are know for the next day. Thanks
28 Dec 2008, 10:35 pm | click here to view more
Resolved Question: Does the foreign exchange market get affected by the recession other than ...?
people not having the money to trade? If there are any reasons, how does it affect forex and why?
19 Dec 2008, 3:43 am | click here to view more
Resolved Question: Is anyone here trading forex for a living?
Can the little guy actually make enough from forex to pay rent, bills etc.? I cannot receive normal job since I got sick, and don't want to be on welfare for my life.
22 Dec 2008, 9:13 pm | click here to view more
Open Question: what is the best site providing workgroup tool?
Hi guys, some friends of mine and I now want to share experience about trading. It's like a tiny forum for us to discuss about forex trading. There we can post our idea, our opened position, our technical analysis, pictures, share FX books, share charts and comments, send notice to members.....etc Google groups is a good choice but if there are other sites can provide professional (and free) such tools like that? I tried google groups but it has some disadvantage (for example capacity is limited to 100MB.....) Thank you very much.
2 Jan 2009, 9:48 am | click here to view more
Resolved Question: What is the best automatic forex trading system? Please share your experience?
25 Dec 2008, 9:03 am | click here to view more
Resolved Question: Does anyone trade forex here?
Do you trade yourself or through a broker?Would you recommend Forex trading to someone totally new to it or even to people who have been trading stocks etc??
2 Jan 2009, 9:36 am | click here to view more
Resolved Question: What is the best book on forex trading?
For a beginner in the market?
23 Dec 2008, 5:54 am | click here to view more
Resolved Question: In forex trading, if you make a profit who's losing out?
Also, how does forex trading affect the economy?
27 Dec 2008, 4:07 pm | click here to view more
Voting Question: how many days a week does meta trader 4 trade the forex market?
i downloaded a demo version of it and have placed a expert advisor which is already there below the expert advisor heading on the side. It hasnt made any trades itseld though as yet, the expert advisors are MACD sample and moving average, do these two trade automatically? how do i receive it to work then?
13 Dec 2008, 11:15 pm | click here to view more
Resolved Question: What is the best free forex tracking program for technical analysis?
I'm just starting forex trading and was wondering what tracking program would be best for me to start to do Technical Analysis with. It would be nice if I could use a free program or at least a low cost one but if I need to I'll spring for a program to help me track currencies and develop a trading strategy. User friendliness is key because I'm a totally novice trader. Any reading materials for learning better TA or websites are also greatly appreciated.
18 Dec 2008, 11:42 pm | click here to view more
Resolved Question: how can i trade forex? plz answer guys...?
I have learned how to trade forex, and i can analyse well. I have practiced for 2 years on demo accounts and i have gained a lot of skills and make good profit(virtually). the problem is that i dont have the cash that i need to open an account, you need at least 5,000$ i read about account managing, that is if you have the skills you can trade for someone who has the money but no time or knowledge(in return you receive a % of the profit), but where can i find such people ? if you can, plz tell me what can i do?
27 Dec 2008, 10:20 pm | click here to view more
Open Question: is withdrawal funds from forex profits to indian local bank legal?
well m doing forex trading with fxcm and i have earned gud profits about $200 and i want to withdraw through bank wire ...directly to my local bank account so is it legal, can i do this is it legal ?
4 Jan 2009, 5:15 pm | click here to view more
Resolved Question: Best Forex Brokers, ECN?
Hi, Im looking for experienced traders to share what broker they think is best. Im looking for an ECN broker, not a market maker that trades against their clients. I want to actualy be able to enter my trade in the interbank market between the spread so I can look it. Currently I use Interactive Brokers, but im looking for a more specialized forex broker.
29 Dec 2008, 1:51 am | click here to view more
Voting Question: Pease, when is the best times to trade Cad/Jpy, Aud/Jpy, Gbp/Jpy curiency pairs in forex trading?
Please could you kindly advice me on the best times to trade these curiency pairs ( Cad/Jpy, Aud/Jpy, Gbp/Jpy and Gbp/usd ) in forex trading? Because I have'nt silent have a better understanding about the characteristics of the pairs and what best time to trade them. By the way, I am based on a GMT+1 time zone. I look forward to your nice response warm regards, Charles Pepple
20 Dec 2008, 4:43 pm | click here to view more
Resolved Question: Forex Brokers or x brokers I want to know what the truth is with forex brokers?
Spreads surging, EA's allowed or looked down upon, dealing desk messing with trades, taking stops out, re-quotes. What is the deal? Please give me the truth on every this. Just so I can decide if I want to do it anymore or not. What really goes on on the other side of the MT4 ? Any input is appreciated and your identity is stealth arrive on guys...answer up... Let's receive the real story !!!
16 Dec 2008, 8:52 am | click here to view more
Resolved Question: Get answers from millions of real people.IN FOREX TRADE,WHAT DOES GOING LONG AND SHORT IMPLY? ?
FOREX IMPLIES FOREIGN EXCHANGE.IT IS A 24HOURS TRADE
31 Dec 2008, 10:53 am | click here to view more
Resolved Question: Need an MT4 Forex Broker?
I Need a recommendation on HONEST MT4 reliable FOREX broker based on experience and actula LIVE trading. If You have this experience, please pass it on to fellow traders
19 Dec 2008, 3:56 pm | click here to view more
Open Question: Is it easy to get started trading on the Forex?
4 Jan 2009, 5:58 pm | click here to view more
Voting Question: which forex trading software provide real time trading volume?
Does any forex trading software or broker's trading platform provide real time volume?
23 Dec 2008, 4:41 am | click here to view more
Resolved Question: Is The Forex Trading Robot, Fap Turbo, A Scam?
I have been reading about Forex trading recently, because I am interested in trying it. I came across the product Fap Turbo, a Forex trading robot. It seems like it really works. I have arrive across quite a few comments on blogs and forums that say people are making money with it. Of course there is also the crowd that says, this is a scam don;t buy it. I came across a website that seems to have good and bad reviews, so I receive the impression that Fap Turbo is a legit product. http://www.fapturbosuccess.com Has anyone used this, or have a pal that has used it?
25 Dec 2008, 7:18 am | click here to view more
Resolved Question: Is there an online tutorial for learning Forex trading?
I don't mean just a practice account; I mean something that actually guides you through the process, and explains what's going on, the terms used, etc.
26 Dec 2008, 12:53 am | click here to view more
Open Question: is Forex trading legal in india ?
well i m a student and i want to do forex trading through plateform like fxcm and some others but is it legal,and i have earned about 200$ and i want to withdraw through wire transfer directly to my local bank account ,so is it legal to withdraw .
4 Jan 2009, 1:10 pm | click here to view more
Voting Question: The best deal for Salehoo?
Is this the best offer for Salehoo? I have searched reviews and sites every over the internet and the best offer I could find was at http://moveto.ws/6isq8eo0f I have searched: dropshipping wholesalers brand electronics name wholesale wholesale fabric wholesale business wholesale companies drop boat electronics how to sell on line dropshipping business the wholesale source boat drop directory wholesale watches dropshipping buying sources make money on ebay buy bulk for games playstation 2 wholesale distributor novelty wholesale digital camera wholesale wholesale drop boat companies wholesale fabrics dropship sites mortgage sources electronics wholesale dropshipper drop boat source buying wholesale wholesale buyers services dropship sell on ebay ebay wholesale fashion wholesale sell art online adult sources wholesale watches wholesale electronics dropshipper drop boat warehouse drop boat directories dropshipper dog dropship wholesale clothes bulk sales wholesale stock fabric sources wholesaling resell wholesale video games online dropshipper dropship wholesaler free dropshippers product suppliers dropshipper jewelry distributor wholesale marketing wholesale merchandise wholesale apparel wholesale distributors toys drop shipper cheap wholesale cameras imports ebay drop shippers electronics drop shipper free drop shipper products find wholesale sources shippers drop wholesale selling on ebay merchandise drop wholesale boat clickbank bulk items ebay powerseller drop shipping wholesale make money products wholesale drop boat wholesale ps2 games wholesale catalogs dropshippers watch closeouts wholesale dropshippers free dropship services low wholesale drop boat suppliers doba wholesale jewelry wholesale gold jewelry dropshippers list free wholesale dropshippers home based online business dropship electronics wholesale world wide brands hoosale dropshipper books drop boat wholesalers wholesale toy 2 hulk games playstation wholesale store dropshipping ebay playstation used games 2 dropship free drop boat services wholesale resale wholesale clothing items to sell online canadian drop shipper dropship sources below wholesale dropship jewelry resellers import sources dropshipper car audio sell your products online what to sell online dropship products dropshippers electronics sale product to sell online the wealthy jerk sell stuff online dropshipper electronics dropship wholesalers ultimate wealth package wholesale goods gift wholesale drop shipper camera liquidation wholesale accessories designer wholesale wholesale shoes dropshipper toys wholesale cheap wholesale psp games ebay dropship wholesale listings camera wholesale sell wholesale no fee drop shipper suppliers forex enterprise wholesale trade wholesale source free dropship websites free dropshipping online auctions how to sell online sebastian foss drop boat products drop shipping products to sell online wholesales drop boat wholesale wholesale suppliers wholesale directory free wholesale dropship dropshipper wholesale wholesale source for wholesale guide wholesale watch wholesale novelties we drop boat wholesale liquidation selling products online Salehoo wholesale selling wholesale nurseries wholesale dealer ebay wholesale directories wholesale prices canadian dropshipper things to sell online 2 used playstation game salewho dropshipping bulk order wholesale sales sell crafts on line wholesale stores how to sell crafts online wholesale imports dropship suppliers saleshoo wholesale drop boat electronics drop boat wholesale electronics dropship free trial wholesale electronics wholesale gifts wholesale direct free drop boat wholesale toys wholesale supplier wholesale dvds wholesale supply los angeles wholesale drop boat program wholesale catalog making money on ebay dropship source wholesale electronic digital camera dropshipper wholesale supplies game distributor video wholesale playstation 2 wholesale buy wholesale wholesale distributers make money on the internet canadian dropshippers buy wholesale products free dropshipper wholesale craft wholesale dealers sell items online dropshipping sources wholesale dropship electronics wholesale drop shipping price dropshipper list wholesale liquidators dropshipping forum cheap camera digital wholesale dropshippers clothes cheap wholesale wholesale product suppliers camera digital dropshipper wholesale giftware wholesale items wholesale manufacturer gowholesale wholesale lists electronics dropshipper gold jewelry selling items online dropshipping companies work at home true dropshipper whole sale wholesale list bulk wholesale merchandise how to sell wine online google profits wholesale nintendo wholesale dropshipping wholesale dropship ebay drop boat affiliate cash vault
19 Dec 2008, 9:46 pm | click here to view more
Voting Question: Can Muslim Trade Forex?
You know, internet based Foreign Exchange (FOREX) give an other interesting source of money. Soros used it, many forbes personnels used it. However, there is one question that always in mind of me and maybe other muslims in the world. Is Forex Halal?
27 Dec 2008, 7:22 pm | click here to view more
Resolved Question: DO YOU KNOW HOW FAP TURBO SECRET ROBOT WORKS?
FAP Turbo is the one and only Forex Robot trading REAL MONEY accounts and nearly DOUBLING them in size On A Monthly Basis...Its sound complicated right?
27 Dec 2008, 7:43 am | click here to view more
Resolved Question: SOMEBODY KNOW ESTRATEGIES TO TRADE FOREX MARKET?
29 Dec 2008, 1:26 am | click here to view more
Voting Question: Is it possible to earn a good living exclusively in the ForEx market?
Since there are so many trading methods and platforms, what is a good platform and trading system that I should investigate that would afford the best results with the least amount of risk? I understand there is substantial risk to this type of investment and one should not invest funds they can't afford to lose.
28 Dec 2008, 1:12 pm | click here to view more
Open Question: I have about $500,000 to invest. Can you suggest a safe investment that gives me at least 15% profit.?
I have about $500,000 to invest. Can you suggest a safe investment that gives me at least 15% profit. Any mutual funds, stocks or forex trading investments that I can safely invest in this tough market.
5 Jan 2009, 1:43 am | click here to view more
Resolved Question: Advanced question about Forex market?
Hi, Im wondering whether the cross pair currency rates are determined by speculative traders or arbitrage trading computers. For example you have two liquid pairs: EUR/USD USD/CAD and a cross rate EUR/CAD I figure, since most of the speculative trading is done on EUR/USD and USD/CAD, the EUR/CAD exchange rate is made by arbitrage traders adjusting the correct cross rate so there is no cross currency arbitrage. That means there are a lot less speculative trades on the EUR/CAD pair than on the EUR/USD for example, percentage wise that is, right? Given that, trading on the cross rate is alot harder, since the market psychology is made up of less traders and more arb, right?
31 Dec 2008, 12:21 pm | click here to view more
Resolved Question: how to get a meta trader 4 live account to trade forex?
14 Dec 2008, 6:54 pm | click here to view more
Open Question: Where can i find impartial avice on FOREX trading?
I have found alot of information on wensites that are gearing up to sell you their products, but if anyone knows any useful information websites where i can find useful material on trading in general and in paticular the FOREX. Thanks
4 Jan 2009, 10:48 pm | click here to view more
Resolved Question: where can I see forex options quotes?
Ive been looking everywhere for this. i need a free (hopefully) website that has quotes for forex option chains like EUR/USD 1.40 Jan call anyone know any sources? also, anyone use forex brokers that trade such instruments?
22 Dec 2008, 1:40 am | click here to view more
Voting Question: currency ,Business News ,Investment , Stock Markets ,Forex Trading ?
http://worldcurrency.co.cc this is o good site it contains a lot of information about the currency, traders, .... You look, and let me know, information that is not accurate thanks , ...
1 Jan 2009, 11:45 am | click here to view more
Resolved Question: How to learn forex Trading?
hi every, as one of beginners, I want to learn the way to trade forex. Do you know where i can start? there are a lot of forex trading course online over there. would you please suggest a place for me to study? thanks for your time!
19 Dec 2008, 3:07 am | click here to view more
Resolved Question: Why did I feel a panic attack?
I hated today so much. Here's some background...I'm in my 30's by the way. I want to open up a brokerage account so I can do some forex trading. The brokerage is in Europe. In order to open up an account, I have to send them an application which includes a copy of my driver's license and a copy of a utility bill. This is completely normal to open up an account! Even in the states they ask of this. Once they accept my application, I will need to fund my account, again, so what, completely normal. I've even called up the brokerage firm and spoke to people there, so they exist and they are a known company. So here's the thing... I filled out the application forms and have everything ready to send. I prepared this ONE MONTH AGO. Today I head to the post office and reassured myself with a resounding YES that this is a good thing for me since I want to do this and make some money / wouldn't care to lose money either. I go to the post office and give them the package to send. My heart starts beating quick, I say to myself, "there's nothing wrong here, you did nothing wrong," so I go home and say, "screw it" and go back to the post office and ask for them to not send the application and I receive a refund. My panic attack is over! But I still lose! BUT I DO WANT TO SEND THIS IN! Can someone PLEASE tell me how to deal with this silly anxiety/panic attack so I can do something I know I would like doing! I felt as if sending that application would mean, ID theft, secrecy from people I know (basically like I'm the only one who knows about this.) Would telling someone else help me out? I fear that telling someone else would just be a negative since they might discourage me and then i do nothing. Thank you every. I did my homework with the brokerage, they're legit. and there's others who also are participating and people I can call. But even after every that I still couldn't go through with it :(
29 Dec 2008, 9:55 pm | click here to view more
Resolved Question: AUTO TRADING SOFTWARE FOR NSE(INDIA)?
auto trading of forex and stocks is very common outside India,but trading terminals in India does not support car trading.However it is learnt that a software is developed ,which establishes interface with trading terminals( named PIB) making car trading possible.I want to use software which can help me in putting orders in PIB in car mode.
13 Dec 2008, 7:27 am | click here to view more
Resolved Question: Help with Excel (advanced)?
I am building a spreadsheet to backtest Forex trading strategies. I want to be able to find the difference between the circled values. Ideally to put the value in cell L93. http://img205.imageshack.us/img205/4206/yahooal4.jpg The only difficult part is that there is not always 3 rows between each number to be used. Sometimes there may only be 1 row, or there may be 10 rows. Is there a way for excel to fetch values between two of the same number? Like between 0's? I am asking b/c I need to do this hundreds or maybe thousands of times. I can find the difference between the sums of each of the two columns easily, but I want to be able to do this also. Thanks
28 Dec 2008, 4:08 am | click here to view more
Resolved Question: Why are there no standardized forex options?
Hi, Its difficult to find a broker that offers forex options. The one I know is Saxobank. When I tried the demo account, it lets you pick the exact strike price (5 pip increments) and the expiry date, day by day. They are way to customized and the pip spread is always 15 pips on most of them. This tells me one thing, saxo bank is trading against their clients, so its in their interest to manipuate the spread and win when client loses. Why are there no standardized options for forex like they have with stock options (expiry month, fixed strikes) they would be SO MUCH more liquid than those phony currency futures options. Or correct me if Im wrong, do they exist?
27 Dec 2008, 10:55 am | click here to view more
Resolved Question: bad time ?
is it a bad time to start with the stock market using etrade at 14 living in canada during the recession? how about forex trading? also, how can i learn how to scout out good stocks and become a good investor? can i have some resources please? 10 points guaranteed for best answer. maybe book suggestions but preferrably free resources such as web articles or ebooks
26 Dec 2008, 6:36 am | click here to view more
Voting Question: whats the maximum order size when trading forex? does it very from the broker your with?
how do you calculate how big a lot size you can trade with , with the balance you have,
14 Dec 2008, 6:57 pm | click here to view more
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Resolved Question: Have you ever traded forex (for all the forex mind)?
if so, how much have you earned/lost till yet and what site do you use?
27 Dec 2008, 5:05 pm | click here to view more
Voting Question: where can i sell my forex trading system? its been very successful.?
31 Dec 2008, 12:46 pm | click here to view more
Voting Question: Learn Foreign Currency Trading?
I am interested in learning foreign currency trading (FOREX). Does anyone know of a good legitimate free online training course?
30 Dec 2008, 2:45 pm | click here to view more
Resolved Question: Can You Really Make $700/Day Trading Forex "Hands-Free" With This Robot? I Need Some Genuine Answers Pls!?
Hi every, I urgently need your help here. I just want to know are there such thing as a Forex Robot? I came across a website just now sharing a success story of a guy who is making $180, $350 or Even $1,000/day using a Forex Robot trading for him "Hands-Free" 24 hours every day.. I am really tempted to invest in one after reading his true story....but on the other hand...I scare of buying into a Scams. Since this is a section about finance & investing.... I wish someone can really help me on this dilemma. I am an absolute newbie to Forex trading and do not have any prior knowledge. So it would be really good if someone can guide me on this. So...has anyone tried this Robot Called "FAP TURBO" before? Need serious review pls.... Here's the website I read about the forex success story just now: => http://www.my-e-site.com/fapturbosuccess Really wish I can find someone who has actually tried this Robot as it seems very amazing to me after reading the story. Help me confirm that pls....greatly appreciated it!
19 Dec 2008, 1:45 pm | click here to view more
