when funding a forex account, do you need to give the company a copy of your passport and utility bill?

Posted by Ryanita on Saturday, January 11, 2014 , under | comments (0)



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alkalineza


I am looking to open an eToro account and I am not comfortable with giving a copy of my passport and a utility bill to the company, are these things necessary? Also if you have a good forex site for people with small amounts of funds such as myself, what would you be using? Thank you.
Have you guys used etoro? I like how its setup and the pips are really low. Plus the starting amount is very small.



Answer
Verifying your ID is a must, but I guess it could be also driver license. Utility bill is to verify your address which be done also by something else like bank statement. Yes, it is not uncommon. To succeed in forex you need to learn the best methods. Check the forex system reviewed below.

Is there anything on the NYSE that follows true commodity prices or specific Forex?




Counter Tr


I want to play commodities or Forex but I don't want to deal with a broker...Shouldn't there be something like this on the market?
please give me any tickers or names of institutions that offer these.



Answer
Get best forex tips and forex product reviews here :

http://www.asdiary.com/category/forex

Free and good content




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What's a decent forex broker which is not a seedy bucket shop but still not to high priced?

Posted by Ryanita on Friday, January 10, 2014 , under | comments (0)



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Prawx


What's a decent forex broker which is not a seedy bucket shop but still not to high priced?

I want something that I can start off with with around $500 or so just so I can learn the ropes and make my little trades. I've read warnings about certain forex brokers which are unregulated bucket shops and aren't insured properly either. But are there any decent forex brokers which don't charge terribly high fees but still are decent?



Answer
First, you aren't going to be a talking to a broker. With forex, you will have an account with a dealer who will be taking the other side of your trades.

Second, since they are dealers, they make their money off the spread, not by charging fees or commissions.

Third, they are not banks or brokers, so there is no such thing as "proper insurance".

If you want to learn how the trades work google "forex" and you will see a list of dealers. Any legit dealer will give you a demo account free for 30 days.

Since forex is not governed by law anybody can be a forex dealer, but all the legitimate ones voluntarily register with the National Futures Association even though they don't have to because they are not actually futures brokers.

Are there any Forex brokers that offer Indices trading to US customers?




Gfgfhffh H


I see many Forex brokers. Are there any brokers that offer trading of indices (such as Dow Jones) to US customers? There seem to be many brokers that offer indices to Europeans but not US customers.


Answer
I use thinkorswim...I usually trade the Russell 2000 regularly with them but the other indices are available also.




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Which is the best Forex services account ?

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Q. I wanna trade in currencies...and there are so many Forex account sites on the net that the choice becomes difficult for a guy like me who has so far NEVER traded in currencies, especially in Euros and $$$...


Answer
There are a ton of Forex brokers("Forex account sites") to choose from. The honest truth is that the Forex broker you choose is VERY important to your success. Here are some questions I recommend you ask yourself before choosing your Forex broker:

1) What trading strategy do I plan to trade? If you scalp the market you will need a broker who does not restrict scalping or place minimum time limits on positions. If you plan on trading a carry trade system you will need to research the brokers swap(rollover) rate and find the most competitive broker. If your system usually trades in peak hour times you may want a Broker that offers variable rate spreads while if your system tends to trade off market times a fixed spread Broker may be the best option. Understanding your trading strategy and how the Broker will affect it's performance is key.

2) How large of an account do I plan on trading? If you expect to be trading more than $50,000 you will need a broker with sufficient liquidity to quickly and efficiently get you in and out of the market. These larger accounts are significantly affected by the size of a Broker's liquidity pool. Also, the larger your account the more important "broker financial stability" will be. Choose a broker that has a combination of liquidity and financial stability.

3) What currency pair(s) do I expect to trade? Depending on a Broker's liquidity source(s) the broker may have better or worse spreads on different pairs. For instance, MB Trading usually beats Dukascopy's British Pound pair spreads while Dukascopy tends to have better Swiss Franc pair spreads. Also, Brokers have access to different currency pairs. If you expect to be trading exotic currencies you will need to find a Broker that offers those pairs.

4) ECN/STP or Market Maker? I won't spend time explaining the differences between the two as an entire article could be written on the subject.... but both broker types have their advantages and disadvantages. You will want to research the differences, understand how those differences may affect your system, and decide accordingly.

5) Fixed spread or Variable spread? Some Brokers offer a set spread cost that normally only changes during news announcements. Other Brokers offer changing spreads depending on the demand for that currency at any given price. This choice can be extremely important depending on the strategy you trade and the position sizes you take. If you mainly stick to high-volume market times for your trading than you will probably want a variable spread which often translates into lower overall spread costs. If you get signals around the clock, many times during off peak hours a fixed spread Broker may be better because fixed spreads tend to be cheaper than variable spreads during off market times. It is important to open multiple demo accounts at a variety of fixed and variable spread brokers to compare the difference.

6) Do I want to trade using the Metatrader platform? Metatrader 4 is currently the most common trading platform available on retail Forex. It is wise to open demo accounts using several different platforms to get a feel for each platform and choose the one that suites your strategy best. Some platforms such as Metatrader offer an auto trading feature (Expert Advisor) where the computer executes the trades for you. If you plan on using such a feature either now or in the future, it is important to know the options and limitations of the platform you choose.

7) Do I trade with an on-shore or off-shore Broker? The location of your Broker has important tax and legal consequences. Also, Brokers are regulated differently depending on the jurisdiction in which they are found. Make sure to consult your tax, legal, and financial advisors prior to making the decision.

I hope this isn't an information overload but the Broker you choose is HUGE. I recommend narrowing your search down to 3 and then demo trading all three before choosing. NEVER trade live until you know what you are doing and have practiced for months.

Can any one tell few strategies for forex trading?




NB





Answer
I like a strategy that;

1) reduces the market risks associated with Forex market
2) pays me an interest rate payment 7 days a week
3) takes advantage of downtrends to buy additional shares
4) takes advantage of uptrends to capture profits
5) requires minimal time staring at a stupid computer screen
6) requires less than 1 hour a week to monitor all my accounts
7) can consistently generate at least 7% per month

Oh wait......that's the strategy that I use right now!

Paul Upp
(925) 236-1839




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Can you share your simple forex trading strategy system?

Posted by Ryanita on , under | comments (0)



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hisoka147


If you have a simple forex trading strategy that is very easy to understand kindly share it please. No commercial products.


Answer
Asking people for a simple Forex strategy is like asking people if they have a simple method for playing poker that will allow you to win playing poker experts. There is no simple Forex strategy that works.

Forex is what we call a "zero sum" game. You are making a bet with someone else about whether a currency will rise or fall. For every winner there has to be a loser. If you are smarter than the average player, you may make money. If you are dumber than the average player, you are likely to lose money. Most of the people making the "bets" in Forex are highly trained professionals at banks and other institutions. You are unlikely to beat them at this game using a "simple" strategy.

Actually Forex is not quite a zero sum game. It's a slightly negative sum game as the Forex broker takes a small percentage each time in the spread. It's a small amount but over a hundred trades, it ends up being a considerable amount of money. So the average player is likely to lose money, and remember the average player is a highly trained professional and probably smarter than you.

There is a lot of luck in Forex, and if you play it, you will have some periods of time where you make money. This is usually because you are having a lucky streak, not because you have suddenly become an expert Forex player. However, most people are unwilling to admit their success is due to luck. They become convinced they have a system that works, and lose a lot of money trying to refine it.

Further complicating the problem is the large number of Forex scams on the internet. Most Forex websites are of questionable honesty. You will find many people on the Internet that claim they made a lot of money using Forex. They are usually liars trying to make money. They will say: "Go to Forexcrap . com/q2347." The "q2347" is a signal to the Forexcrap site that you are being referred to them by "q2347." If they sell something to you, "q2347" gets a kickback. These coded signals can be hidden by different methods in the link. Other people will refer you to their own private website or blog for the purpose of trying to get money off you.

I would recommend not trying to do Forex at all, unless you are a trained professional. It's like playing poker with people better than you, with the house constantly taking a small percentage from the pot.

I am looking to start trading in Forex, can you give me advice?




opaque


I am looking to start trading in Forex with a friend. What should I know? Where should I look? And most importantly, what should I try to avoid?

Thank You!



Answer
Forex is what we call a "zero sum" game. You are making a bet with someone else about whether a currency will rise or fall. For every winner there has to be a loser. If you are smarter than the average player, you may make money. If you are dumber than the average player, you are likely to lose money. Most of the people making the "bets" in Forex are highly trained professionals at banks and other institutions. You are unlikely to beat them at this game.

Actually Forex is not quite a zero sum game. It's a slightly negative sum game as the Forex broker takes a small percentage each time in the spread. It's a small amount but over a hundred trades, it ends up being a considerable amount of money. So the average player is likely to lose money, and remember the average player is a highly trained professional and probably smarter than you.

There is a lot of luck in Forex, and if you play it, you will have some periods of time where you make money. This is usually because you are having a lucky streak, not because you have suddenly become an expert Forex player. However, most people are unwilling to admit their success is due to luck. They become convinced they have a system that works, and lose a lot of money trying to refine it.

Further complicating the problem is the large number of Forex scams on the internet. Most Forex websites are of questionable honesty. You will find many people on the Internet that claim they made a lot of money using Forex. They are usually liars trying to make money. They will say: "Go to Forexcrap,com/q2347." The "q2347" is a signal to the Forexcrap site that you are being referred to them by "q2347." If they sell something to you, "q2347" gets a kickback. These coded signals can be hidden by different methods in the link. Other people will refer you to their own private website or blog for the purpose of trying to get money off you. Also there are a good number of trolls out there that like to pretend they are successful forex traders just for the fun of it.

I would recommend not trying to do Forex at all, unless you are a trained professional. It's like playing poker with people better than you, with the house constantly taking a small percentage from the pot.




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why does the Forex market always go in the opposite direction of a trade I place?

Posted by Ryanita on , under | comments (0)



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dany g


I've tried trading the Forex market. 99% of the trades go the opposite of the trade I make. The odds are extreme if this is coincidence. The stock either goes up, down or sideways, but the moment I go into it, it goes in the opposite direction. Is this rigged?


Answer
It's not rigged, but you need a strategy. You can find a good strategy at: http://comefollowme.zulutrade.com

And you need a non-dealing-desk broker. Brokers with dealing desks can sometimes make the chart move against you, though that's kind of rare. A great broker is: http://www.etoro.com/B66_A29675_TClick.aspx

If you do these two things, you will succeed:

a) follow my first link to get yourself a good strategy, they are free, and the historical results you see are NOT backtests - those strategies have all had to build their history with that website one trade at a time in real time.

b) follow my second link to get yourself a non-dealing-desk broker. The broker link I gave also has some good strategies with it, which you can use if you wish. Either way, get a strategy.

c) trade a small percentage of your account. If your account is $500 or less, do not ever open more than a few micro lots at a time. If you want to open just one mini lot (a mini lot is 0.1 standard lots) then you will need TEN TIMES as much money to be in your account. You can blow your account in just 3 trades if you over trade, EVEN though you had a good strategy! I've seen it happen. Nothing worse than to have a good strategy, but you blow your account immediately from extreme over-trading, and then you have to sit there for the next few months and watch that strategy do really well... without you.

Where can I find and download a best Forex eBook for beginner?




claimn


Thanks for any suggestions.


Answer
http://www.babypips.com for the info you need as a beginner.

But why learn to trade the Forex the HARD way like most people who LOSE their money, when you can profit in the Forex the easy way?

Just follow these steps. I've dumbed it down to the easiest, yet safest way to win in the Forex.

1) Open a live account at http://bit.ly/iPV25O
2) Select AAAFx broker, and open MICRO account with 200:1 leverage.
3) Deposit at least $300 in your account to start.
4) "Add to Portfolio" the top 20 strategies at http://bit.ly/mJiyZV
5) ...when adding strategies, set maximum number of trades to 5, and...
6) ...select lot size of 0.1 "mini" lots for each $1000 in your account.
7) It will trade automatically, following all those top 20 strategies.
8) Then sit back, relax and take a vacation as you make easy Forex money.




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Online Forex Trading - How To Get Started Trading The Forex Markets?

Posted by Ryanita on Thursday, January 9, 2014 , under | comments (0)



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mann


Keen on knowing the basic points, tips and systems to get started (and move ahead) with online forex trading.


Answer
1. Open a demo account.
2. Practise on it for a month or two.
3. Get thoroughly acquainted with the platform, system and methods.
4. Try different demo acounts with forex companies online.
5. After you've trained with your demo account, move on to a real account for live trading.
6. Choose a good broker (eg InterbankFX) supporting the Meta Trader platform. Ask for one that offers a good leverage. It's your key to profiting from the forex markets.

How and were can I buy currencies offline?







I would like to know were some one could buy foreign currencies to maybe use it in another country or just to diversify from the dollar but dosen't want to spend thousands of dollars in computer programs (like FOREX) for online trading.


Answer
certain banks can order you different currencies. Ask you local bank.




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Can I learn how to trade forex especially online and turn it into my full time career when I'm only 21?

Posted by Ryanita on , under | comments (0)



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I want to attend forex trading classes then get into it seriously. I have a laptop, internet, study commerce and interested. I want to turn it into my career. But then I wonder if online forex trading will be there long enough. Can online forex trading just get finished together with my career anytime soon? Also how much could I make weekly if I'm really good by July if I invest 100$ in June?


Answer
The good thing about forex trading is that you can learn it risk free. Yes, risk free! All you need to do is open a demo account with any forex broker. You can do that in five minutes on the internet and start with forex trading. On the demo account, you will be provided with real time data that you can use to make buy/sell decisions but you will be using fake or virtual money. Since you are not using your real money, you are not going to lose even a single cent.

If you want to play tennis you need to practice. Same with forex trading, with a practice of a few weeks you will be confidant enough to start live trading.

The sites you can refer for forex trading tips, recommendations, news and updates are:

What are the types of marketing that forex brokers use?




Kitty


I just started working in a online forex trading company.
I was given an assignment to review what types or strategies that any other online forex companies use for their marketing.

All i got right now is:
1. ASP - Affiliate Service Provider
2. Email Marketing
3. SEO - Social media Optimization
4. Forex Ranking sites
5. Social Media Management

Any other ideas?

Thank you in advance.



Answer
Depends on your budget. Depends what you are doing to.
Some FX companies do branding and use sponsorships to advertise their brands.
Egsample:
Alpari: has sponsored west ham football team, and the Alpari World match racing: wmrt.com
IBFX - Sponsors the Automated Trading Championship (ATC)
ironfx.co.uk - Medical Research, Community Support, Child Welfare, Education
Keytomarkets.com - Forum sponsorship

Here is a list of what type of ads and sponsorships that have been done so far to my knowledge:

(I hope you find this list useful)

Advertorials
Affiliates
Billboard adverts
Blog/microblog
Celebrity endorsements
Content marketing
Digital banners and signage
Display remarketing
Email
Events
Facebook advertising
Film/TV product placement
Forums
Images & Infographics
Influencer outreach
Inserts
Kiosks
LinkedIn advertising
Local search marketing
Loyalty card
Magazine adverts
Marketing email
Microsites
Mobile advertising
Mobile app
Paid placements
Paid reviews
Pay per click
PR Stunts
Presentations
Press releases
Prizes/Exhibitions
Product listing adverts
Product packaging
Program sponsorship
Promotional items
QR codes
Radio advertising
Report sponsorship
Research paper
Search engine optimisation
SMS
Sports sponsorship
Street vendor
Transactional email
TV advert
Twitter advertising
Videos
Wearables
Website via tablet/mobile
Youtube channel




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What did the head of the IMF mean when she recently said that we could soon see conditions " reminiscent of th?

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laelaf


What did the head of the IMF
mean when she recently said
that we could soon see
conditions " reminiscent of the
1930s depression
"?



Answer
But what was unsaid was 'there is no IMF' then in 1930s. The Brettonwood twins, World Bank & IMF were the results of the exertions from the likes of, the famous John Maynard Keynes, after WWII (1945). It may be to straighten up the War funding that was and to provide funds for the War shattered Europe's reconstruction. Perhaps she (the IMF chief) saw this aspect and struck by it.
Now the scenario is different but. The tune is different. The whole affair is not confined to Europe alone or both coasts of North Atlantic. It is all encompassing. The financial Centre of Gravity is shifting east, to be coterminous with the population centre of garvity. That (shifting) is very legit. While the west is sinking at rates of 0 to 2% growth, BRICS maintains 7 to 9%; that too in a year of depression (that means if there is no depression it would be around 10%). It implies that the East is bearing the load of West too, to some extent. What is unique about Eastern economies (though not everyone) is that each has a huge domestic market that can be made immune form the global vicissitudes if desired. But the big economies particularly India & China don't want to go back into their shells having tasted the export driven growth.
IMF though called as a fund is a bank that preys upon sinking economies (now Greece) in the eyes of some. Mme.Lagarde is cosying up with the bankers of the East (Eastern business ladies proved their mettle even in the West) for IMF is a bank. She can hope to siphon funds idling and parked looking for custom, to service PIGS (or is it PIIGS?), becasue sooner Europe would be sucked dry.
The Eastern banks aim at funding their industrialisation and propping up stocks & shares. For them it has become difficult and even risky to attract hot money, that has for startegic reasons migrated to the West now. Though there are many strategic sites they fear to tread for resons best known to them. One is self-intrest. Every country wants to prop up its own industry even if it is not doing well; or prop up its own currency though it is buffetted in the Forex markets. But the same applies to this part of the world. Herein comes the role of IMF to fecilitate it.
In this whole scenario and when the commodity market is booming, I wonder why some of these Eastern economies don't 'revalue' their currencies (upward) to leverage more prosperity for their producers of the primary products. WTO can't object to that. The need of the hour is for the West to devalue their currencies that they wouldn't, given an option. The East's currency revaluation though appears unconventional closes such option for the West. Plus, it is the modern day Mantra that the currency should find its own level. But that is impliedly in a fair environment. We all know that there is no fairness (West's devaluing would be that). It is desirable for the East too, to buy West's technology (there is a rightful hunger for it now) that would become a wee bit affordable then. If the West hikes up its technology's cost then the East would (should) retaliate by hiking up its commodity prices (via currency revaluation). In India it wouldn't be inderstood since theye are yet to come out of the shibboleths like 'make the currency cheap to export more' without realising that there is a limit to every thing. At least the upvalued Rupee would ease if not offset the Petroleum bill (in a similar situation China would furiously dig more wells for petroleum).

Can a Currency Trader legally obtain the foreign money they had traded for in coin form and cross the border?




Tradamus


A Currency Trader is a person whom buys foreign currency as an investment hoping the price will change so the trader makes profit when the trader trades back currency again.

A Currency Trader is completely legal and the trading process is usually done electronically and not physically because it is quick and easier than collecting the trade physically.

My question is if being a Currency Trader, can i legally obtain my foreign money in 'coin' form (because the metal is reliable compared to an electronic number) and then cross the border back to the United States with the traded coins.

For example-
Lets say that I want to trade $1,000 USD for Canadian Currency but i want physical Nickels instead of electronic numbers.
I think that it sounds reasonable because a trade is a trade, and shouldn't matter if i want to spend the extra gas collecting the extra weight of $1000 worth of Canadian Nickels to take home or not.

Serious answers please. Thank you.



Answer
Yes, of course you can.

But - why would you?

Coins are subject to the same rules as paper money - "The government has made a promise to..."

The paper itself is worth NOTHING and a coin, of any valuation, even the Canadian toonie ($ 2.00) by itself may carry the metal value of one to two cents. There is no silver or gold in any coins in the world these days.

Coins are bulky and heavy. It costs a lot of money to ship coins about. Would it surprise you to know that it has been statistically proven that the vast majority of coins hardly ever, in their lifetime leave the city they were issued in. They just go round and round between your stores and the local bank office.

Any one is free to buy any foreign currency (up to $ 10,000 without filing a police report) and carry them around, or put them under any mattress as you see fit.

A problem is that you pay more, get a worse exchange rate, when dealing with paper money. All currency trading is done in computers, even if you change between to accounts in your own bank.

A Canadian nickel weighs 2.35 g. 4,000 nickels would weigh 9.4 kg (20.7 lbs) It contains 96 % steel, a little bit of nickel, zink and copper plating. With a total scrap value at 0.27 c/lb, you would have carried $ 5.27 worth of metal over the border.

Don't even think of trading in currencies. The sum of the GDP of the entire world is traded every 24 h, at the speed of the fastest computers mankind can design and build.

Are you better than that? To get the really, really scary facts, read this from NASDAC

http://www.nasdaq.com/investing/forex/how-a-24-hour-trading-market-joe.aspx




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Is Options University and Forex Trading for real?

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Craig Holl


Okay so i have been looking at some ways to make money and i came across Forex trading. Well the trading actually looks legit, but i'm not so sure about this learning course at options university. Can someone tell me about their experience with this, or if you know an even better way to learn, say from a better book. Also do you have to pay for the options university training course?


Answer
The Forex is real, however there are two forms of "Forex Trading".
"On Exchange" and "Off Exchange" This is a fact that few people know about.
On Exchange currency trading is only offered by two companies at the time I was doing my research. Ducas Copy and FXCM. Only one is American:

FXCM. and they only trade "On Exchange" if you have an account with 25k or more in it. And with them you want to ask for an off shore trade account- so you wont be limited in leverage and your allowed to hedge.

All... yes- I mean ALL the other brokerages trade "OFF EXCHANGE" Gain Capital , ACM, CMS, MB,PFG,easy forex, jforex, to name a few.

"OFF EXCHANGE" means just that- its not traded on the real exchange. What it is traded on is an online game that each company creates themselves. Creates, controls, and alters at will. No different than playing online poker. Your playing against the house and the table is controlled by them. Since they always take the position of the opposing party- its in their best interest that you loose.

Example of how they make you loose: (exerpt from Gain Capital's account contract section 4.2:
____________________________________________________________________

.In cases where the prevailing market represents prices different from the prices GAIN Capital has posted on our screen, GAIN Capital will attempt, on a best efforts basis, to execute trades on or close to the prevailing market prices.These prevailing market prices will be the prices, which are ultimately reflected on the Customer Statements.This may or may not adversely affect customer realized and unrealized gains and losses.
_____________________________________________________________________
This means they are trading your account not using the numbers you are being shown on the screen- but by the real market prices.On the game version you can see- the shoots up so you hit the buy tab- in reality the price dropped- in the game you think you made money- then your statement shows up- showing you lost money that day- there's nothing you can do about it either because you signed the contract that says they are allowed to do all sorts of things to make you loose.

As for the university- save your money! go to FXCM's website- open a practice account- you will have access to all their tutorials- however- all you need to know is to buy when the price drops- then sell when it peaks in the other direction- about 2-7 minutes later. Don't trade on Fridays or when they are making financial announcements on the news. Open an account with at least 25k or you will be trading off exchange Plus- opening an account with anything less wont get you anywhere fast. With 25k you can make 15k a day. I can- so you can too. Never use more than 1/3 of your margin.Don't ever use "stops" Always sit and watch the chart anytime your holding a contract.


good luck!

What are the advantages of spread betting?







I am a newbie in Forex can anybody tell me what are the advantages of spread betting.


Answer
1. Tax exempt profits: Yes, you have read right. One of the main reasons why people just love spread betting is that the earnings from it are tax free. So, this is one thing one can involve in to earn some extra profit and that too totally tax free. The reason is that there is no physical exchange between the betting person and the company; it is only a contract without involving any exchange of commodities. Apart from this there is stamp duty exemption also. This makes the stock much cheaper.

2. High profits with less investment: This type of betting is also known as trading on margin. This means that a person does not loose everything if things go against him. Hence, one is not required to pay all the payment in one go. Because of this, the profits are comparatively high with less investment.

3. Commission free: In case of conventional betting one needs to pay a broker fee to the broker however this is not the case in a scenario of financial spread betting. Hence, when one talks about buying and selling, the later term is much more cost effective. Here, a person can involve in to various buying and selling transaction without spending extra money as broker fee for doing so.

4. Trade beyond trade hours: Almost all spread betting companies work for twenty four hours a day. Because of this, a person can actually involve in to financial spread betting without worrying about trading hours. This is another benefit of spread betting over conventional betting.

5. Huge amount of capital is not required: There are so many new investors who are taking up this newer concept of betting. The main reason for this is that in case of this kind of betting, it does not require huge amount of capital to start. Anyone with limited capital can also venture in spread betting.

6. Facilities for credit: If someone is experience and people know him for his credibility, it is easy for that person to bet in the spread betting market on credit.

7. Fast dealings: Transactions can be completed within one single minute. The reason for this is that here in this case, there are no brokers involved. This saves a lot of times of transactions. Another thing to note down is that in old or normal betting world, a person can only bet when there is another person to bet with. However, in case of spread betting, one can bet even when there is no other person available as the betting is done with companies working for twenty four hours a day.

With so many advantages, it is natural that more and more people are attracted towards this comparatively newer concept of betting. Who would not want to maximise their profits with minimum capital investment. And above everything, tax free earnings are always welcomed!!




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any way to turn 4000 into more?

Posted by Ryanita on , under | comments (0)






micheal c


is there a good way to quicky turn 4000 into 5000 or 6000$ ?

Thanks!



Answer
Hi,

Sure there is.
Most profitable business is forex. Yes it is risky but believe me reward really worth it. As I see your thinking is right. You don't want the pie in the sky immediately as you understand that there should be smaller steps. Therefore I have no doubt that you'll succeed certainly in forex.

I could introduce you to one of forex broker leaders that is located in SWITZERLAND.
They have very tight spreads. Total 25 currency pairs, Gold and Silver.
SPREADS:
2 pips for EURUSD, USDJPY, AUDUSD, EURGBP, EURCHF;
3 pips for GBPUSD, USDCHF, USDCAD, EURJPY;
4 pips for CADJPY, CHFJPY;
5 pips for NZDUSD, AUDJPY;
6 pips for EURAUD, GBPCHF, NZDJPY;
7 pips for EURCAD, GBPJPY;
8 pips for GBPCAD, GBPAUD, AUDCHF, CADCHF, NZDCHF;
10 pips for AUDCAD, AUDNZD.

LEVERAGE 1:200 default but client could chose the leverage from 1:1 to 1:200 at the account opening procedure.

MARGINS. The margin or leverage a client can have depends on the client's account equity. The table below shows margin requirements for the different equity levels:
Less than 25,000 - 0.5%
25,000 to 1,000,000 - 1%
1,000,000 to 5,000,000 - 2%
5,000,000 to 10,000,000 - 3%
Above 10,000,000 - 5%
Please note that on weekends and holidays margin requirements remains the same.

SWAPS are counted as negative as positive. Also is available swap-free accounts.

STOP and LIMIT orders may be placed as close as 5 fips from market price

TRADING TERMINAL Meta Trader 4.

Clients can choose to have their accounts denominated in either USD, EUR, GBP, JPY, CHF, AUD or CAD.

Initial account opening deposit from US$2000. From first view it probably looks high comparing with other brokers who allow mini accounts and minimum initial deposit from USD250 but it is more useful and safer because clients are more protected from quick stop out and total loss of the initial deposit in the case if unfortunately it would be several unlucky trades in rage.
This is regular forex trading account however it is allowed trading in mini lots (from 0.1 lot).

If you are interesting I could introduce you to them please e-mail or PM me (press on my name) and I provide you with further information. Furthermore I could provide you for FREE with more than 50 trading e-books and trading systems that worth more than several thousand dollars and are very useful as for beginners as for experienced traders.

Good luck!
VP

forex trade?




nosmaxwell


Is forex trade profitable? How does one get started and what is the best broker to use?


Answer
Hi,

Of course forex is profitable and it is very exciting business. You may trade 5,5 days per wheek; 24 hours a day from Sunday night to Friday night.
Main rules to win:
Always have trading plan,
Be patient - market always be there
Don't be greedy,
Don't set too big goals,
Never risk more than 1%-2% of your trading capital,
Always use reasonable stop loss orders.

And note markets are not places - markets are people.

If you are interesting I could introduce you to one of forex broker leaders that is located in SWITZERLAND and Regulated by the Swiss Federal Department of Finance; audited by KPMG.
They have very tight spreads. Total 25 currency pairs Gold and Silver.
SPREADS:
2 pips for EURUSD, USDJPY, AUDUSD, EURGBP, EURCHF;
3 pips for GBPUSD, USDCHF, USDCAD, EURJPY;
4 pips for CADJPY, CHFJPY;
5 pips for NZDUSD, AUDJPY;
6 pips for EURAUD, GBPCHF, NZDJPY;
7 pips for EURCAD, GBPJPY;
8 pips for GBPCAD, GBPAUD, AUDCHF, CADCHF, NZDCHF;
10 pips for AUDCAD, AUDNZD.

LEVERAGE 1:200 default but client could chose the leverage from 1:1 to 1:200 at the account opening procedure.

MARGINS. The margin or leverage a client can have depends on the client's account equity. The table below shows margin requirements for the different equity levels:
Less than 25,000 - 0.5%
25,000 to 1,000,000 - 1%
1,000,000 to 5,000,000 - 2%
5,000,000 to 10,000,000 - 3%
Above 10,000,000 - 5%
Please note that on weekends and holidays margin requirements remains the same.

SWAPS are counted as negative as positive. Also is available swap-free accounts.

STOP and LIMIT orders may be placed as close as 5 pips from market price

TRADING TERMINAL Meta Trader 4.

Clients can choose to have their accounts denominated in either USD, EUR, GBP, JPY, CHF, AUD or CAD.

Initial account opening deposit from US$2000. From first view it probably looks high comparing with other brokers who allow mini accounts and minimum initial deposit from USD250 but it is more useful and safer because clients are more protected from quick stop out and total loss of the initial deposit in the case if unfortunately it would be several unlucky trades in rage.
This is regular forex trading account however it is allowed trading in mini lots (from 0.1 lot).

If you are interesting I could introduce you to them please e-mail or PM me (press on my name) and I provide you with further information. Furthermore I could provide you for FREE with more than 50 trading e-books and trading systems that worth more than several thousand dollars and are very useful as for beginners as for experienced traders.

If you have any questions, please don't hesitate and contact me (press on my name).

Good luck!




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How can I learn to invest in the stock market?

Posted by Ryanita on Wednesday, January 8, 2014 , under | comments (0)



forex trading for dummies
 on Currency Trading for Dummies  An Insght into the Trading Secrets ...
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P511


Ok I'm 15 yrs old and I want to invest in the stock market but I'm still not sure i know what I'm doing. Iv looked up tons of websites that will help me become a good investor but I have the feeling that I don't know enough. I want to invest 200$ into a few big companies I tried reading the intelligent investor by benjiman graham but I still don't know . I really need help what exactly do.here are a few questions. What do I look for when I invest in a stock? How high should the volume be?how do I calculate the price/earning ratio?how do I know when to sell a stock?how do I know if a stock is undervalued? What are some signs that a stock will go up?
And I'm looking to buy long term stocks
Also if someone could recommend me a book or a website that would be great to



Answer
I am inspired by your motivation. I am a daily trader, (not a day trader) and it takes a long time to know all the answers to the questions you seek, but at 15 you have a great start!
Your desire to learn will be rewarded if you take the time to learn first. Stock trading for dummies is a good basic book on how things work to get started. You would need a joint brokerage account with a parent or guardian that is over 18 to get started, To make really good money, you need a bit more money. Leverage, if you understand that terminology.
You need a brokerage with low trade commissions (around 5-7 dollars)because commissions will eat away at your money if you begin to trade more frequently. Study books on technical analysis and if you don't understand it, read it anyway. Then go back and read it again a while later and it will begin to click and will be easier the second time around.
You might consider a REIT that pays a good dividend yield. Some even pay on a monthly basis. Reinvest the dividends into stock and that will increase your money to invest later. Pick companies with good volume, good earnings and profit and a low P/E. I am willing to help you in any way I can. You an add me to your contacts if you like and I can answer any future questions. I mentor people all the time and am always willing to help.
Some things to avoid would be penny stocks and forex investments. Unless you have a deep understanding of these markets, you will most likely lose your money.
Look at covered call options and try and get an understanding of that process as well, as that can make you some really good money as well.
Good luck to you and don't give up!!!!

how to trade in stock market?




Walatchana


How to start from cracking head beginner to start to trade in the stock market?
How much money need to start to trading?
Thanks for your all answer.



Answer
You need to learn the basics. Look up currency trading for dummies (or a book like that).

It would be wise to consult an experienced broker on the complete details as well as consider a forex trading software if you want to start a career because it offers tools and assistance in analysis, prediction, signals etc.

You need to setup an account and the money involved is based on the type of trade you are going to enter and can range from $300 to $2,500.

You also have to take to heart that you should never trade money that you cannot afford to lose.




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How much money do I need to get into Forex Currency Trading?

Posted by Ryanita on , under | comments (0)



forex pip
 on Forex Pip Gather Review (Paul Briggs) |Is forexpipgather.com Scam or ...
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BarbieDoll


How much money do I need to get into Forex Currency Trading??? Like whats the minimum and how much money could expect to make if I do well?


Answer
Hello,

My recommendation is to start at least from 100-200$. Ff you will have less money on your account you need to wait a year to double it.
Your income can depend from your style of trading.
If you will trade manually you can make 100 pips a month. But, for example, if you will use at least semi-automated Forex system that will trade instead of you and can make up to 800 pips it's completely another situation. When I was started Forex I made the right choice and start automated trading with Forexeasystems.

Hope, you will succeed on Forex.
Best wishes!

How do charts on forex platforms work?




Mi R


Lets say the the computer chart moves the price from 1,5000 to 1,5001-a one pip move.Why?I could understand if the price would move once a day but every second or so?A one pip move has to mean something,there is a reason why it moved for only one pip.Whats that reason?

Also how does the chart know to move the prices?



Answer
For each movement a graph is made. When such graphs are combined together you can see the graph moving in electronic trading. Of course the market is very volatile so there are bound to many graphs.The graph seems to be moving thus.Each trading Software is linked with market thro coding which shows the movements according to the markets.




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How to choose the right day to trade?

Posted by Ryanita on , under | comments (0)



forex 7 days
 on Forex Training - You Asked We Listened - Trial Period Extension ...
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John


Do any body know in Forex how to choose the right day to trade?


Answer
Choose the right day to trade.
This recomendation is often wrongly taken as an optional thing, because everyone knows that Forex market is open 24 hours a day 7 days a week. Yet, choosing the time to trade can make a difference between successful and hopeless trading.

It's proved and highly recommended not to trade on Mondays, when the market has recently awaken and is making first "probation steps" to form a new or confirm a current trend; and on Fridays afternoon, during the huge volume of closing trades. The best days to trade are Tuesdays, Wednesdays and Thursdays.

Hod do you learn to become a day trader? Can you really make alot of money trading stocks?




mebigez


Is it possible to trade stocks online and make an obsene amount of money as a day trader? How do you learn to do this? How much does it cost?


Answer
Go try Forex, it's the biggest market in the world traded by about all countries. Search google for more information. It's also unknown to most because it started in the 1970s and gained public on 1990 or something like that. Most brokerages has demo accounts where you can actually practice. Anyway....follow these rules and you should be fine.

1. Have descent trading system...Simpler the better.
2. Risk 1-3% of your account for each trade..

3. Money management.
4. Money management.
5. Money management
6. Money management.
7. Money management.
8. Money management.
9. Money management.
10. Money management.

The reason people fail because they don't follow these simple rules and are toooo greedy. Like myself :P but I'll be sure to come back and follow.




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How does currency trading like Forex work exactly?

Posted by Ryanita on Tuesday, January 7, 2014 , under | comments (0)



forex 1 lot
 on The FX scalping strategy uses differential movements PIP substantial ...
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Evan M


I understand that you buy currency in "lots" and depending if they go up or down in value you make in profit or loss.

I just don't understand why the currencies are paired like "EUR/GBP".

Can someone help me understand the actual process taking place when people trade currency?



Answer
In simple word:

EURGBP = you have / use EUR to buy GBP, the exchange rates is 1 EUR = xxx GBP

why does the Forex market always go in the opposite direction of a trade I place?




dany g


I've tried trading the Forex market. 99% of the trades go the opposite of the trade I make. The odds are extreme if this is coincidence. The stock either goes up, down or sideways, but the moment I go into it, it goes in the opposite direction. Is this rigged?


Answer
It's not rigged, but you need a strategy. You can find a good strategy at: http://comefollowme.zulutrade.com

And you need a non-dealing-desk broker. Brokers with dealing desks can sometimes make the chart move against you, though that's kind of rare. A great broker is: http://www.etoro.com/B66_A29675_TClick.aspx

If you do these two things, you will succeed:

a) follow my first link to get yourself a good strategy, they are free, and the historical results you see are NOT backtests - those strategies have all had to build their history with that website one trade at a time in real time.

b) follow my second link to get yourself a non-dealing-desk broker. The broker link I gave also has some good strategies with it, which you can use if you wish. Either way, get a strategy.

c) trade a small percentage of your account. If your account is $500 or less, do not ever open more than a few micro lots at a time. If you want to open just one mini lot (a mini lot is 0.1 standard lots) then you will need TEN TIMES as much money to be in your account. You can blow your account in just 3 trades if you over trade, EVEN though you had a good strategy! I've seen it happen. Nothing worse than to have a good strategy, but you blow your account immediately from extreme over-trading, and then you have to sit there for the next few months and watch that strategy do really well... without you.




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Can I learn how to trade forex especially online and turn it into my full time career when I'm only 21?

Posted by Ryanita on , under | comments (0)



forex 21
 on Download this 21 page Euro Forex Secrets PDF ... | #Forex Trading Str ...
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I want to attend forex trading classes then get into it seriously. I have a laptop, internet, study commerce and interested. I want to turn it into my career. But then I wonder if online forex trading will be there long enough. Can online forex trading just get finished together with my career anytime soon? Also how much could I make weekly if I'm really good by July if I invest 100$ in June?


Answer
The good thing about forex trading is that you can learn it risk free. Yes, risk free! All you need to do is open a demo account with any forex broker. You can do that in five minutes on the internet and start with forex trading. On the demo account, you will be provided with real time data that you can use to make buy/sell decisions but you will be using fake or virtual money. Since you are not using your real money, you are not going to lose even a single cent.

If you want to play tennis you need to practice. Same with forex trading, with a practice of a few weeks you will be confidant enough to start live trading.

The sites you can refer for forex trading tips, recommendations, news and updates are:

Forex losses helps to decrease the following year profit tax?




Jon


I heard that the losses I make this year will help to reduce next year's profit tax.
I have few concerns about this.

1st, will it have to be grand total loss to qualify for this benefit? or will my tax rate still be reduced if my total gain is a plus through the year but if I have losses in between then can I still take advantage on reducing my tax rate for forex profit?

2nd, what the limit amount of the loss $ that I can report to be able to reduce my tax rate?



Answer
Using the schedule D of the 1040 income tax return for the sale of the securities capital gains and loss will offset each other when the schedule D is correctly completed during the tax filing season and then any remaining losses will have to used up to the maximum limited amount of 3000 each tax year to offset up to 3000 of ordinary income during the tax filing season and then any remaining loss after that will have be carried over forward to the next tax year using the carryover worksheet for this purpose and that will have to done in that way until all of the capital loss amount is used up at that time in your life are you DIE.
Hope that you find the above enclosed information useful. 06/21/2012




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US Treasury Bonds are the investment object of choice for the managers of the huge forex reserves...?

Posted by Ryanita on , under | comments (0)



forex reserves
 on India's forex reserves grow by $1.36 bn
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sct


US Treasury Bonds are the investment object of choice for the managers of the huge forex reserves. Selling off dollars will only lead to a huge loss in China. Why?


Answer
Treasury Bonds are a good investment as mentioned for several reasons: 1) it is a huge, liquid market, and 2) it is a stable and secure investment, as it's considered nearly impossible that the US government would default and not pay on those bonds, and 3) the bonds pay interest so it is an interest-bearing means of holding dollar assets and 4) they are denominated (bought and sold) in U.S. dollars, so an entity that has a lot of dollars on hand to manage and that doesn't want to convert to another currency would fund U.S. Treasury bonds useful.

Now, because China is a net exporter to the U.S., Chinese firms receive a lot of US dollars in selling their wares, and so Chinese banks and investors end up with those dollars to manage. They tend to invest them in U.S, Treasury bonds for the reasons above, and so Chinese entities are a major holder of such bonds.

IF U.S. treasury bonds or the U.S. dollar decline in value, that investment will decline in value for the Chinese.

How long do predict before the United States goes hyper-inflationary, if ever? And why?




grovernors


I give it 6-12 months.
The catalysts will be drought, and the sell off of forex reserves.



Answer
the fed would prevent hyper -inflation that is it's main purpose




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Can you tell me a great name for a new Forex blog?

Posted by Ryanita on Monday, January 6, 2014 , under | comments (0)



forex blog
 on Forex: FOREX CHARTS
forex blog image




Pedro P


I am starting a new blog about Forex telling what Forex is, news, and currency predictions, but I cannot come up with a good name.

The blog is aimed at both beginners and professional traders.

Thank you for your idea.

Thank you.



Answer
FX Brother
Forexfellow

What are the types of marketing that forex brokers use?




Kitty


I just started working in a online forex trading company.
I was given an assignment to review what types or strategies that any other online forex companies use for their marketing.

All i got right now is:
1. ASP - Affiliate Service Provider
2. Email Marketing
3. SEO - Social media Optimization
4. Forex Ranking sites
5. Social Media Management

Any other ideas?

Thank you in advance.



Answer
Depends on your budget. Depends what you are doing to.
Some FX companies do branding and use sponsorships to advertise their brands.
Egsample:
Alpari: has sponsored west ham football team, and the Alpari World match racing: wmrt.com
IBFX - Sponsors the Automated Trading Championship (ATC)
ironfx.co.uk - Medical Research, Community Support, Child Welfare, Education
Keytomarkets.com - Forum sponsorship

Here is a list of what type of ads and sponsorships that have been done so far to my knowledge:

(I hope you find this list useful)

Advertorials
Affiliates
Billboard adverts
Blog/microblog
Celebrity endorsements
Content marketing
Digital banners and signage
Display remarketing
Email
Events
Facebook advertising
Film/TV product placement
Forums
Images & Infographics
Influencer outreach
Inserts
Kiosks
LinkedIn advertising
Local search marketing
Loyalty card
Magazine adverts
Marketing email
Microsites
Mobile advertising
Mobile app
Paid placements
Paid reviews
Pay per click
PR Stunts
Presentations
Press releases
Prizes/Exhibitions
Product listing adverts
Product packaging
Program sponsorship
Promotional items
QR codes
Radio advertising
Report sponsorship
Research paper
Search engine optimisation
SMS
Sports sponsorship
Street vendor
Transactional email
TV advert
Twitter advertising
Videos
Wearables
Website via tablet/mobile
Youtube channel




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How to get forex trade information to start forex business in New york?

Posted by Ryanita on , under | comments (0)



forex trading for beginners
 on Forex Trading for Beginners What the brokers don't tell you
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gurusmith


I want to start forex trade business in New york. So, I want to have knowledge about forex trade, training and the benefits of forex trade.


Answer
Forex for beginners (including education) is an essential corporative LiteForex branch aimed to popularize currency dealing service. For newbie traders only starting to learn the secrets of forex trading, LiteForex offers mini and micro accounts. These accounts have extremely low deposit level for gaining real trading experience with the minimal risk. Moreover, we first created Lite and 100K Lite accounts with a deposit of only $1!

How much can you make Forex Trading and how much do you risk?




kasparov


how well the known systems work in Forex trading (carry trade,...) and how much do you risk applying them, and for how long?


Answer
Traditional trading of stocks on margin at 2:1 leverage is considered risky. Forex is leveraged at 100:1 and even 200:1 but few people take the time to understand this and simply focus on potential profits. All beginners focus on all the wrong things like "How much can you make?"

How much do you risk? Beginners risk their entire account and their house every time they put on a trade. How long? minutes. A leveraged position is almost impossible to hold more than an hour by anyone less than an astute trader. Most people don't have a clue what a trader is or does, but it takes many years to become an astute trader. There are no shortcuts. Most people think that if they work harder and learn more, they will eventually become successful at trading like they would any other conventional "job"; not true. Most very smart, hard-working people lose money trading.

Factoid: 90% of traders lose money, regardless of what they trade.

The carry trade is generally done only by institutions with millions of dollars to invest and need a place to park those millions.

Known systems? You mean that make money consistently? Myth.




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