Foreign Exchange (Forex)

The answer is yes, but not every trade will become rich from trading the Forex. The FX market provides us with the opportunity to use leverage what can increase a trader's return on investment substantially. However, most traders are unable to understand the risks and rewards of using leverage and many end up getting burned.

There are a couple of famous investors who have made billions with the Forex. Including, George Soros, Bill Gates, and Warren Bugget

Personally, I have only met 2-3 Forex traders who have become rich from the Forex market. Nevertheless, you can still become a billionaire if you know hat you are doing and are consistent.

The forex market (or any speculative financial market) is the only way in my opinion that one person can become wealthy in a short amount of time. A traditional business takes much longer to accumulate wealth.

The triple exponential average (TRIX) is one of the indicators helping finding the trend.

I think u get about 1 Crore and 46 Lacs. As on 2012 its 1 Crore and 40 Lacs, but I think old notes have more value so u could get more than 1 Crore 40 Lacs.

France, Spain, Mexico etc.

AD Category "A" branches are authorised to maintain Foreign Currency Accounts and also open and maiontain NOSTRO Accounts. "B" categy branches handle trade and Service related transactions denominated in foreign currencies and Rupees and also operate the Nostro accounts. C Category branches handle trade and Service related transactions denominated in foreign currencies and Rupees but have report through a Link Office, B category branch................

Forex is the largest and most liquid financial market in the world, where participants trade currencies 24 hours a day, five days a week. The primary focus is on currency pairs, where one currency is exchanged for another, such as EUR/USD or GBP/JPY.

In Forex trading, there are various fees and charges to be aware of. These may include spreads (the difference between the buy and sell price), commissions (if applicable), and overnight financing costs for holding positions overnight.

Earnings in Forex trading can vary widely from one trader to another. It depends on factors like trading strategy, risk management, and market conditions. Some traders make consistent profits, while others may experience losses.

The forex market is open 24 hours a day in different parts of the world, from 5 p.m. EST on Sunday until 4 p.m. EST on Friday. The ability of the forex to trade over a 24-hour period is due in part to different international time zones.

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By halaal I'm assuming you mean to ask if it complies with the Islamic law.

Some forex brokers have set up Islamic accounts specifically for this purpose. They are know as Islamic or Swap free accounts.

The basic premise of the "islamic-safe" type of forex accounts comes from Shariah law interpretation that muslim cannot receive anything in return for giving. This means no interest can be given or received on any financial account.

Forex trade when it is done physically on the spot is Halal and permissible. Any profit earned from such trade is also permissible. Online forex exchange where people buy and sell different currencies online without actually acquiring physical possession is not allowed according to many scholars.There are many brokers out there such as instaforex,Greenvault FX,yadix, etc.. who are offering islamic swap free account to islamic traders.

The Mirror Trading method, allows traders to follow tested methods of experienced traders. Basically it's Auto trading.

In any case, you can't copy the trade results completely because of different settings, brokers, execution time, ping, latency, etc

The Board of Directors of the Central Bank of Iraq had held a meeting to approve the exchange of Iraqi dinar. The exchange of Iraqi dinar that was now worthless if they would forgive Iraq of their debt to them. When the exchange of Iraqi dinar is the most important part to take the develop of their economic growth and currency. If you want to more details then go to visit here: dinarcurrency.com

Based on the data in the Statistical Abstracts of the United States, $1 in 1985 would be worth $1.97 as of 2009. However, that does not mean that a dollar printed in 1985 would sell for that much money.

dividend balancing means dividend due to foreign partner in foreign exchange have to be matched with foreign exchange earnings i.e income from exports.

The trading on stock exchanges in India used to take place through open outcry without use of information technology for immediate matching or recording of trades. This was time consuming and inefficient. This imposed limits on trading volumes and efficiency. In order to provide efficiency, liquidity and transparency, NSE introduced a nationwide, on-line, fully automated screen based trading system (SBTS) where a member can punch into the computer the quantities of a security and the price at which he would like to transact, and the transaction is executed as soon as a matching sale or buy order from a counter party is found.

Forex rates are determined by a variety of factors. See related links for more information about this.

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