If you do any type of trading and you're not really sure what you're doing, you should have professional opinions or guidance so you don't make a mistake. But if you understand how it works and have been doing it for a long time you may not need to.
In any case, it will be great to hear thought about your trading from another person. It may pose the question that you have never thought before.
In my opinion, practice trading is the best way to learn about forex and trading. So i've put together 5 places where you can practice trade forex completely free. You don't need to spend any money to use these platforms.
Yes Can, Forex trading is online business, you just need stable internet connection.
Forex trading means foreign exchange. One will find that Forex trading has some risks involved. One will need a broker for this as one may earn (and sometimes lose) money.
There are many online forex trading courses which you can enroll on many which you can do at your own pace at home with online support. Straightforex offer a basic course which is free of charge but more advanced courses need to be payed for.
Yes, you need to worry about scams when trading commodities forex. Forexfraud.com is a great resource to learn about what scams and fraudulent activities are out there that you should watch out for.
Forex Trading System has many benefits. The first one is that you can trade at any time of the day or night. This means that it is available 24 hours/day. Also, Forex Trading is easy to start. So if you are new to the market of trading, you wont be struggling as much as other trading systems. Forex Trading has all of the information you need in one place.
You can learn all you need about Forex trading in the UK at the website of Alpari. You can have your choice of accounts from instant to non-dealing desks at Alpari. Keep informed with high speed Forex execution.
The website you can go to is iforex.com. It tells you how you can do online forex trading and what tools you will need for it. It's a very good site and i suggest you go to that one.
There are no clear laws or rules that define this but in general citizens cannot trade forex directly of by themselves. They need to go through a regulated assigned forex broker. The income derived from forex trading is taxable as well. Forex trading is illegal in india but still some traders trade as of my view its better to trading in indian market like NSE,BSE or mcx safe payment and legalized in india so no worries about payment you can make money better then forex trading like trading in NIFTY and bank NIFTY in stocks index Search kuber trading school in google for more details
It is not legal online. There is no regulation over the forex market in India except for a small segment of the equity market. You can invest in forex accounts through the NSE and the MCX. You need to have a trading account with them and the investments are in the form of derivatives. You are not buying or selling currencies. The returns are in the form of dividends and/or capital gains. These accounts can be opened with any bank. You can deposit money by cheque or cash or NEFT/RTGS. You can't trade in the forex market online.
Automatic Forex Trading can be contacted on the world wide web through one of their websites at www dot easy forex dot com. Here you will be able to find all the information you need for further investigation.
Forex trading software can be downloaded from places like Forex4you's website. The have all the tools you need to trade foreign exchange from you desktop, laptop or smartphone.