First you will need to educate yourself,
then you will need to create a trading strategy,
then you will need to test your strategy on demo,
then you will need to go live with a small account and introduce real money psychology,
then you can start building your account.
The Best way to start learning about forex is to analyze and study the market, also with the help of other's you can become a professional Forex Trader. Click the link in my bio.
Forex trading start at 20:15 GMT on Sunday until the market close at 22:00 GMT Friday.
You can start by downloading free forex guides. check the link.
Starting Forex trading can seem daunting, but with the right approach, beginners can trade effectively.
Someone can inquire about managing their Forex account on the Forex website. On their personal site, Forex allows users to manage and view their accounts.
Before starting trading, ask yourself: why Forex? Why not stocks or futures?If you have an answer for yourself, start learning the ropes at BabyPips school and major Forex blogs.Personally I don't trust free e-books knowledge. The goal of such books - force you to open account at particular broker or other service.
Free Forex practice accounts are a service that are loved by some yet hated by another. Practice with some free yet valuable unlimited demo account. A free practice account is a great way to examine trading the Forex market without jeopardizing any money. Test drive these forex platforms and start trading currencies. Register for a forex practice account Test your trading skills with no risk. Forex traders can even start forex trading risk-free with a complimentary practice account from http://www.4xindia.com or Etoro.com 0r Go to: http://www.indiaforex.com or http://www.forexfreedownload.com Select their free download software section and start using the software for free.
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, you could become a millionaire from Forex trading, a lot of people have, but they had 50k to 100k to start with. If you are going to get a Forex account, look for an ECN broker (good) and learn what a market maker is (bad).
There are a few different places to find tutorials on Forex. One of the best places to start is on the video hosting website Youtube, where they offer a variety of Forex tutorials for free.
Forex itself is not a scam but it does require education before you start. There are many Forex scams out there but the market itself is very real. Just make sure you don't skip out on education if you want to look in to this further.
There are several platforms and websites that teaches forex beginners on many strategies to use. But layman's channel still remains the simplest and best place to start. You can join his academy onYoutube at laymans forex