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Forex trading

Discussion in 'Making Money' started by fawzan, Jun 9, 2011.

  1. fawzan

    fawzan Junior Member

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    Hey Guys,

    What is the Best site to trade FOREX.

    I mean It should be minimum loss and yes of course it should be genuine,

    Please let me know your thoughts and the trusted FOREX SITES.:)
     
  2. kdban

    kdban BANNED BANNED

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    To trade forex seriously, you need an ECN broker. I can't explain all the details here, go to babypips website to get all the details regarding forex trading.
     
  3. linkhouse

    linkhouse Newbie

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    Www . I-tradeforex.com have some good forex brokers.
     
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  4. ContentCreation

    ContentCreation BANNED BANNED

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    http://www.trading-point.com

    Great spreads, great support, no requotes, fast execution, uses metatrader 4 and it is regulated!

    All you need in a good broker + it gives you 20% bonus on your initial deposit!
     
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  5. toco9000

    toco9000 Junior Member

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    Oanda is one of the best.
     
  6. keokio

    keokio Registered Member

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    oanda is one of the biggest.. but their spreads get stupid during news.. but then again you shouldn't be trading news in the first place. They have no minimum deposit if i remember correctly. interactive brokers is an ecn i believe, and you could trade stocks with them as well. think minimum is 7500 or 10000 deposit. Go with the big name well known brokers, when it comes to forex assume the worst
     
  7. Ossbrigade

    Ossbrigade Newbie

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    Any sugguestions on iPhone forex trading?
     
  8. BHMex

    BHMex Newbie

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    Find a good broker is not so difficult, there are many, you should look for ECN brokers and the ones that have been in the place for a long time.
    But you also have to learn trading and this is the difficult part...

    You'll find many websites telling they'll teach you, marketers (not traders) selling you the "Holly grail", the "Forex ATM"... but all of this is BS

    You have to learn from real traders and build a strong trading method you can adapt to the changing market. Forex can be very frustrating sometimes.

    I had developped a quite good trading method but I had to go back to a 9-5 job to pay my bills and could no more trade... I had to find someone to manage my money and I found watfordinvestments (google them to find their site), they are a forex managed accounts company.

    You should have a look at their website as they allow you to open a free demo managed account, you'll see how good they are at trading and they will tell you which broker is the best for you.
     
  9. Ossbrigade

    Ossbrigade Newbie

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    What about using the official forex app?
    I already get the market aspect of forex. I even developed my own method of scalping efficiently in 3 days.
     
  10. starkygold

    starkygold Newbie

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    Oanda or ECN dukascopy
     
  11. davidwill

    davidwill Newbie

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    Please bear in mind almost 90 percent of potential investors will lose money trading forex and will never be able to properly recognize forex signals in order to profit from them.It is a stunning phenomenal how often people see trading signals on the chart they are simply not there and they lose their accounts very quickly,we have to make sure that we put ourselves into that 10 percent who actually generate a steady stream of income from forex signals.
     
  12. openlove

    openlove Newbie

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    fxcm is also really good
     
  13. Ossbrigade

    Ossbrigade Newbie

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    I Understand this very well. but I think I have an advantage because I can watch the market 24/7 basically i have 24hr/ a day to speculate, form charts, and make stop/limits on the fly....
     
  14. jazza

    jazza Newbie

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    If your a trading Newbie then start off with a small deposit and try out the broker first e.g. their order execution times, withdrawing your profit (most important) and depositing.

    Sometimes their demo accounts are on different servers, thus execution time can be faster than the live accounts, so don't always think a demo account will give you a true account of what a forex broker is like.

    An established broker worth a shot with $1 deposits (last time I checked) is http://www.liteforexsa.com

    Also worth checking out the top ten brokers on http://www.fx1010.com
     
  15. fawzan

    fawzan Junior Member

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    babypips contains content from ixv11.ipq.co, a site known to distribute malware. Your computer might catch a virus if you visit this site.
    Google has found malicious software may be installed onto your computer if you proceed. If you've visited this site in the past or you trust this site, it's possible that it has just recently been compromised by a hacker. You should not proceed, and perhaps try again tomorrow or go somewhere else.
    We have already notified ixv11.ipq.co that we found malware on the site. For more about the problems found on ixv11.ipq.co, visit the Google Safe Browsing diagnostic page.
     
  16. tonegawa

    tonegawa Junior Member

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    babypips is very famous and their course is a must for a newbie.
    I used it to learn and I have been very satisfied.

    I don't think it has any malware :rolleyes:

    Anyway, my broker is Alpari Uk. I haven't had any big issue with them.
    I heard that oanda has the lowest spreads, though
     
  17. kijkij

    kijkij Regular Member

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    marketiva is my favourite.
     
  18. tonegawa

    tonegawa Junior Member

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    mmmmmmmmmmmm

    I have just surfed babypips, and I'm also getting the malware warning......
    This is the first time it happened.

    Also I clicked "proceed anyway", and Kaspersky is giving me blocking notifications.

    Maybe the website has been hacked somehow
     
  19. Paranoid Android

    Paranoid Android Jr. VIP Jr. VIP Premium Member

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    well, etoro?
     
  20. MoneyMachine

    MoneyMachine Junior Member

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    Oanda is good like others said, also the babypips tutorial is awesome for noobs.