Cost and places to trade currency?

Tuesday, May 27, 2014 , Posted by Ryanita at 10:57 PM




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1) Where can you trade currency without actually going to the airport/bank? 2) What is the cost? Is there a certain fee like for trading stocks? I want to trade between US dollar and couple of European countries.


Answer
Any Forex broker

Forex simulator:
http://fxtrader.investopedia.com/Registration/Register4.aspx

Free Charts
http://www.dailyfx.com

Blogs
http://the-forex-trading.blogspot.com/

List of Forex Platforms and software

NinjaTrader platform
http://ampfutures.com/

http://forexplatformslist.com

http://www.marketiva.com/index.ncre?gid=3371
for beginners

http://softwareforexreviews.blogspot.com/2009/10/forex-software-project.html#comments


Compare Forex Brokers
http://www.goforex.net/forex-broker-comparison.htm

http://compare-forex.com/blog/

http://www.fxmaster.net/broker.html

who would be a recommended foreign exchange broker.?




Mark





Answer
FXCM.com with dailyfx.com

Compare Forex Brokers
http://www.goforex.net/forex-broker-comparison.htm

http://compare-forex.com/blog/

http://www.fxmaster.net/broker.html

http://www.setupaccount.zulutrade.com

Books:
Bird Watching in Lion Country by Dirk Dutoit
reviewed here: http://www.financial-spread-betting.com/Bird-watching-in-lion-country-review.html

Currency ETF's and their options are the better way, with higher probability of success, greater managability, especially of leverage, ability to lower cost basis, better rules and regulation and better commissions than cash/spot FX market.

Currency ETFs are a way to play any dollar-related trades.
â¢FXA - Australian dollar
â¢FXB - British pound
â¢FXC - Canadian dollar
â¢FXE - euro
â¢FXY - Japanese yen
â¢FXF - Swiss franc

Currency ETF List
http://etf.stock-encyclopedia.com/category/currency-etfs.html




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