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Everything is possible my friend :) It depends on how you handle things. If you're new to this industry, you will need to learn a lot of stuff before making some serious money. To start off with things, I would suggest to open a free demo account at FinproTrading. Join any of the forex forum and follow people who are doing good. Try out few things, learn from it and then tweak your strategies. Good luck!
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∙ 7y ago
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How many forex traders are there?
Since you can open a Forex account through the internet and from any country in the world, there is no record on how many traders there are. My guess will be tens or hundreds of thousands of traders.
How many forex traders in the world?
There are about 30,152 registered Forex traders in the world but if you want to include non registered too it would be over 96,000.
How do Forex Trader pay taxes?
Forex is tax-free and forex traders do not need to pay tax. Keep all your money for yourself.
Where can one find information on the best forex trader?
The OANDA company publishes statistics about Forex Traders online. On their website one can find an overview of the most profitable traders in the market.
What is the Forex Trading Strategy?
A Forex trading strategy is a technique used by traders to analyze the market and its movements to make profit. It is different for every traders in the market. All traders follow different strategy.
Who is the best forex trader in the world?
Merlin ------------- I suggest you to go with google search for better forex traders like Integerfx etc.
How can you find out online where is the best Forex broker?
There are several websites that list the top 10 Forex brokers according to specific criteria. Some of these websites include Money, Smart Money, Daily Forex, and Forex Traders.
Is Forex is a permanent business?
If you know how to trade and if you can consistently make profits then forex can become a permanent business. There are many traders who offer managed accounts and their only business is trading forex.
Which platforms offer managed Forex trading?
There are a few platforms which do offer Forex trading. Here are a few examples: "FOREXYARD", "Ducascopy Bank", "Eagle Traders", "The Forex Village" and "PFGBEST".
What would one find at Interbank Forex?
Interbank Forex is a worldwide provider of retail forex trading services, offering individual traders, fund managers and institutional customers proprietary technology
Which is the best forex blog?
There are many. Use ones written by experienced Forex traders sharing their knowledge, with useful info and tips that are updated frequently, and where you can get for free some useful Forex trading tools.
Where can one view an online Forex market?
When used correctly, indicators can be very helpful to traders in finding trading opportunities on the stock market. The Relative Strength Index is no exception. The UAE is one of the biggest financial centers in the Middle East. Forex traders and brokers have their bases in Dubai and the other Emirates of the UAE. Binary options, CFDs, and forex can be traded by foreign companies in the UAE.
