i like to start forex trading but unable to differentiate between good company and a scam.?

Friday, December 6, 2013 , Posted by Ryanita at 7:59 AM

forex 3000 dollars
 on 3000 dollar loan with bad credit
forex 3000 dollars image




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I can invest a maximum of only 30$. So according to my investment i request u to suggest a good company.


Answer
forex?? there is no companys in forex forex stands for foriengn exhance currency you trade currencys not companys... honestly forex is a bad way to trade i think i had terrible results personally down 30% in one week... yet my stock porofolio is up 307% YTD! however diversifing into currencys is a smart investment stragedy... forex has its own website to trade it alot of online brokers also allow you to trade forex ...interactivebrokers.com is by far the best online brokerage it allows you to trade just about anything.. cur, stocks, options, futures, etc etc

p.s. $30 dollars is hardly worth anyones time including yours. i say dont invest it just keep saving until you get $3000 then open an online brokerage account

and choose me best answer lol

Is international wire transfer possible from and to a different currency?




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I wish to transfer currencies from the Philippines to my Forex account in Cyprus. It's about USD 3000. Sender currency is Philippine Peso (PHP) and target currency is US Dollar. Any banks/institutions that provide low rates? Thanks.


Answer
All major banks do international transfers from their local currency (in your case the Philippines) to another country, especially in US $ (still considered the ultimate currency), UNLESS there are some foreign exchange controls in one of the two countries involved, in which case you may have to provide the sending bank or receiving bank, or a regulatory government agency of either country, to provide details and justification on the reason of the transfer, or origin of the money, etc..
The money may not necessarily be transferred to your bank at the receiving end, because the sending bank may have to transfer it first to their correspondent in Cyprus, who in turn will transfer it to your bank. This does not give you additional work on your sending country. It might just take a few more days and cost you a little more money. Meanwhile all the banks involved will be using your money to earn a little interest while the money is in their possession.




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