Answer
No you can't because the Singapore government requires user registration (filling up a registration form and presentation of IDs) of all SIM cards including prepaid SIMs.

I would suggest that you just by a Globe Prepaid SIM or Smart Buddy Sim. You have the option of buying a Globe OFW SIM or Smart Pinoy SIM. Both SIMs are preregistered for roaming and it can remain in roaming status in Singapore as long as you like. These roaming SIMs (mainly targeted to OFWs) allows text from the Philippines to cost only P1.00 per 160 characters.

Please visit a Smart Wireless Center or a Globe Business Center anywhere in the Philippines for more information.

You may also call Globe at 730-1000 or Smart at 888-1111 when calling from Metro Manila.

However, if you prefer to have a Singapore prepaid GSM SIM card you can buy upon arrival at Singapore Changi airport or the Budget Terminal. You buy them at the forex counters. I would recommend you buy Singtel Hi Card (prepaid). Text from Globe to all Singtel prepaid is only PHP1.00 and from Singtel to Globe its only SGD0.05

Or is it 24 hours, 5 days per week, 52 weeks per year?
I have two people saying that there are no holidays and one that says there are a few. Anyone seeing this mind rating their answers or giving me a link? Thanks!
Thank you all for your answers. Say it is the 4th of July. Would I expect the New York exchange to be closed, while the market remained remained open 24 hours from another exchange? Or would New York remain open as it is electronic, and there would just be lower volume as both bigger players and traders took off?

Thanks for your help.

Answer
Since many holidays are specific to a particular nation, and since FOREX is global, what you could see on holidays is low volume/ high volatility; the nation experiencing the holiday could be taking a break, but other nations not taking that holiday would be trading its currency.

An example of this is thanksgiving or the Japanese new year (which occurs after the first week of January). In the former case, American traders might not be trading, but others would be. And so on, in the latter case.

I do not know of any global holiday that would cause everyone around the world not to trade; except Saturday's.

Are there 24hr foreign currency exchange in Changi Airport?

My flight will arrive past 12 midnight via budget carrier. I need to change US$ into SG$. Does Changi Airport have a foreign currency exchange counter or bank? Do they operate 24 hours a day or at least operate up to 1am?
Yes, I understand it's not good rates. I just want to change enough to pay for the fare from the airport to the hotel.
How about the budget terminal? My flight is Tiger Airways which uses the budget terminal.

Answer
Yes there are 24/7 forex counters in all the Changi airport terminals including the Budget terminal.

RHB Bank is the forex counter operator in Budget Terminal
American Express (+65 6880 1111) and UOB Bank is the forex counter operators in Changi

Q. There are so many, what are the best Forex Trading Platforms, particularly for a new trader?

Answer
I've posted this before, but I think this applies here.

Choosing a great trading platform is an important step in Forex Trading. A good one should offer the following:

Easy to Use
The software you use should be easy to understand and it shouldn't take a long time work-You should be able to trade right away. If it's too complicated to even start, how will you be able to use it to trade regularly!?

Real Time Quotes
Because Forex Trading is done 24 hours a day, and you need to have live quotes. Live quotes give you control of your money and you can check on it whenever.

Trading Rates
The software should have a freeze option when you decide to buy or sell.

Your Part
Do not be greedy! Before you start, figure out how much money you want to invest, and stick to it-Do Not Go Over!
Trading is not a 'get rich quick' deal. Just like starting any new job, trading takes time to learn and involves risk and loss, but can potentially be a great source of income-once it's mastered.

I would recommend:

http://userfriendlyforex.com

Where are the best free online forex charts?

Where can I usethe best free forex charts without downloading anything. I want it to be 100% on my browser. And I would like prefferably signals as well.

Answer
What your looking for is at WWW.FXATRADE.COM

They have pretty much everything you need to trade. They have live updated signals BY VIDEO!! They also have quotes, pivot point signals and really neat software for Metatrader 4. The company is called fx-agency forex trading.

I was just wondering if there is a platform for trading precious metals? Something similar to a FOREX platform.

Answer
Depends in part on what you mean when you say trading precious metals. If you are referring to buying futures contracts, yes, most brokers allow you to buy precious metals - however, these contracts are usually cash settled for convenience, so you don't receive possession of metal when they expire.

If you wish to take physical delivery, you need to trade something like the NYSE Liffe precious metal contracts - just be forewarned that even the mini contracts are still rather sizeable - for example gold is a 33 oz bar, so will set you back over $34,000 today. Most brokers will still try to cash settle, then next to deliver a certificate, and have to be instructed to give you physical delivery, which they don't really want to do.

You will be able to get 'wholesale' price in effect, as the futures contract allows you to cut out the middlemen like bullion dealers, etc..

What do commodities traders do? What is their role in the stock market?

Do the traders have anything to do with setting the price of the commodity?

Answer
Commodity traders buy and sell commodity instruments such as coffee, sugar, gold, silver, crude oil, wheat. Teir role in the stock market is to act as intermediaries between the buyer and seller. I am a forex trader, so my buyer/seller is clients and/or Citigroup. The same goes with commodity trader. Yes, traders have and always will have a huge factor in setting prices.

There are a lot of sites offering forex signals, both free and paid services. Is there reliable service, with affordable price that offers forex signals, providing decent number of pips per day?

Answer
The Great and Munificent Oz!

No-one offers reliable forex signals, because no-one knows.

Some services have been right a lot, but if you had 1000 people flip coins1000 times, guessing at heads or tales, at least a few of them would get it right almost every time! Does that mean they know ANYTHING you don't? Of course not!

does the fx agency advisor 2 really work?

im a bit skeptical about this FX AGENCY ADVISOR 2 from fxatrade.com if should buy it, do any of you guys have experience with this forex signals provider? ive been searching for honest reviews but all i see is just blogs trying to sell the product. please help.

Answer
don't trust them. did you ask yourself what happens with your money when you loose? in broker pockets
then why should them help you make money? they just want your money. everything else is ...../ if you want to make real money on fx, start learning

Answer
Seriously???? You want insight on a scam? That's hard to do.

BTW: Paper trading / Demo trading tells you nothing (for many reasons... but number one is that no demo account reflects liquidity).

i have been trade the demo account for a two month and i have learn a lot the only thing that i am haveing problem with i cant get it consitant. i dont know how to look for entry and exit singles can some one please help me out

Answer
Hello. Good question and not easily answered since there are literally hundreds, make that thousands of ways to theoretically determine and entry and exit point. Try to be careful and avoid all of those "plugin" strategies that are sold and guarantee you big returns on auto-trade. Typically ends up just costing you money.

What you do need it sounds like is a very steady, consistent strategy where you have specific rules of where to get in, where to get out, and how to put the odds in your favor on every trade. You have to realize you will lose, and lose on a regular basis. The key to good trading is to have a higher average win than loss, and have a high a win percentage as possible - clearly being above 50%. I like to aim for "2/3rds to 1/3rd" meaning win 2 out of 3 times, and average gain higher than average loss. Also, with forex, avoid trading the dead times -- usually there's only about 4-6 hours total in the 24 hours worth trading forex. The rest of the time your odds go way down.

Some more forex tips
http://www.netpicks.com/7secrets

Broker for trading on FOREX?

I am planning to open an account to trade on FOREX. Since I am new to trading on FOREX I am interested in opening an account where I can trade micro lots of 1,000 with margin no more then 1%. What would you recomend?
Thanks.

Answer
The RIGHT Forex broker for you depends on a couple of factors. It seems a lot of new Forex traders end up with Gain Capital(forex dot com), FXCM, or GFT. HOWEVER, the reason is is that these companies spend a ton of money advertising. Don't get fooled by the advertising. Now, I'm not saying that one of those may not be right for you... but spend some time researching the different types of Forex brokers and the advantages of each. Read through a couple Forex Broker review sites, taking everything you read with a grain of salt because they all have a horse in the race (ie bias). Then consider the following:

1) Choose a broker that has a combination of strong liquidity sources and financial stability.

2) Understanding your trading strategy and how the different Brokers will affect it's performance.

3) 3) What currency pair(s) do you expect to trade? Depending on a Broker's liquidity source(s) the broker may have better or worse spreads on different pairs.

4) ECN, STP, or Market Maker? Is the broker trading against you or simply passing your orders onto the real market? Research the types of brokers and choose the one that fits your trading style best.

5) Fixed spread or Variable spread? 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.

6) What trading platform do you want to use? This is EXTREMELY important. Open demo accounts at a variety of brokers and find a platform you are comfortable trading.

7) Do you want to trade with an on-shore or off-shore Broker? The location of your Broker may have important tax and legal consequences.

Don't get caught up in the hype of Forex broker advertising. Do your research. The Broker you choose becomes your partner in the Forex market. This partnership is crucial. The Broker will always benefit from this relationship. Whether or not you benefit depends on Broker you choose.