admin answers:

Forex trading is one type of investments and the gain is done by the change in the value of currency.You can search the following brokers and they will help you

1) INDIA INFOLINE LTD
2) KOTAK SECURITIES LTD
3) INDIABULLS SECURITIES LTD

Hope this will help you.For further query mail me at
askayan@yahoo.co.in

admin answers:

Option 1 : alpari.co.in
option 2 : inarabiafx dot com
option 3 : wsd-nz dot com

Check to make sure they are regulated and preferably not new to the forex scene.

admin answers:

If you are a beginner, i suggest you to use Marketiva, which is a very good platform to start trading with and very easy to use.

Marketiva gives you 5$ real to start trading so you don’t have to deposit and if you made profit from it you can cash out, this is why it’s very good for beginners. Their platform is very easy to use and they have support during trading hours for your questions, doubts etc.

They also have chat channels where you can talk, exchange opinions and ideas with traders of your country or international traders.

To open your account please visit http://www.marketiva.com/index.ncre?gid=3371

they have a lot of indian traders.

admin answers:

RBI has very severe laws if you trade INR against any other currency without prior permission from RBI. You need to have a forex trading lisence from RBI. If you trade without the permission of RBI, you can be jailed upto 6 months or fined Rs. 10,000.

In order to secure a lisence you need not go to the RBI office. Instead open an account with reputed forex broker. They will get you the lisence and other legal requirements. Good brokers in India are: Reliance Money, Motilal Oswal and Velez Capital. Presently you are only allowed to trade USD/INR that too with very high spreads.

admin answers:

Well there are lots of Forex strategies here http://tinyurl.com/3tcla4v and if you want to use any of those strategies just click the “open account” button at the top and it has 40 or so brokers. If no brokers in that list will work in India, then I’d want to say that probably there are none…

admin answers:

I used forex.com before, but for me is a good broker to use…then i switch to hotforex which i feel more confortable with….if you investing $500 u can have a premium hotforex account…but if you are beginner…u can sign up micro account just USD 5..just 1 % of your total investment and see how does it work….

Http://tinyurl.com/6kd6sp7

beside, u can try demo account too….

BTW, there is not a problem scalping micro account at hotforex..Thanks

admin answers:

If you are looking for a trusted, reliable forex site, you may check your options in this site. Being one of the leaders in forex trading, this site is truly legitimate. You can search the web to confirm this claim.

One good feature of this site is they provide a personal Account Service Manager with whom you can talk live via phone, email or chat and is actually an expert in the field of forex trading to be your mentor, adviser, and trading partner and will trade with you until you become familiar with the system.

They also enable their clients to perform DAY-TRADING in gold and silver rates against the US dollar. The gold symbol is XAU, the silver symbol is XAG. The price of gold refers to its price per ounce in USD. Similarly, the price of silver as well refers to its price per ounce in USD. Good luck.

admin answers:

I started trading forex back in 2004. It has been a roller coaster ride, but no more riskier than trading stocks. I find trading forex easier to trade than stocks, even with the 24 hour trading. With 3 trillion value traded daily, the major pairs tend to trend well.

I suggest you first open a demo trading account. Trade that demo account until you can define your trading rules–when to trade, and when not to trade. When you are able to show profits three months in a row using your trading rules, then you can open a live account with $10 (oanda.com minimum to open an account is $1 with 50:1 maximum leverage).

Trade your $10 account using your trading rules. It is different trading a live account from a demo account. You will find that your ego and emotions tend to be more at the edge. Being able to control them is the key to long term profitable trading.

When you are able to show profits three months in a row, then add more funds to your account.

Feel free to contact me if you need more help on this matter. Http://homeruntrades.blogspot.com

admin answers:

I am not a forex pro, and I doubt anyone else answering this question is either. However, let me give you some advice:

Playing Forex can appear alluring, but the majority of people who try it lose money. All you have to do is do a web search on the words “Forex” and “lose” to see this is the consensus.

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.

admin answers:

By definition, if you believe in random walk theory, then only 50% would loose the other half would be the lucky ones who were on the other side of the trade.

admin answers:

Forex trading is the trading of buying or selling certain currency. For example, buying US Dollar, then selling it later at a higher price to gain profit.

Forex traders may also first sell US Dollar and later on buy it back at a lower price with the same gaining profit.

It’s simple strategy of selling price minus buying price to make profit. In Forex trading, we just treat currency as a good, buy it and sell it.

admin answers:

-Your blog always updated
-Submit to SE
-Online promotion

and then join with http://theclickinfo.com/ppp/

admin answers:

In my experience, just about anything on Clickbank is totally legit (and if it isn’t, the Clickbank guarantee applies anyway).

admin answers:

The easiest way is a Forex trading system but they’re well worth the money if you’re into trading. I did a little searching and found a website that reviews the top three: http://forex-tracer.the-perfect-solution.com/

Hope that helped.

admin answers:

This may or may NOT be new to you. But personally, I use what’s known as the Forex Autopilot System.

I generated about $4000 in 3 weeks on autopilot. And this is just 1 of several accounts I let my robot trade for me . I’m still a bit nervous about trading on multiple accounts as this is new to me and i’m not rich yet, BUT…i started off with about $1000…so that’s a pretty good gain.

Anyways, here is a link to the program/software I use for this.

Let me know if you have ANY questions, and I hope this helps.

http://www.squidoo.com/Forex-Course-Trading-

Jeff