Your Questions About Trade Forex
Joseph asks…
Can i trade forex without the use of margins?
please i want to know whether i can trade forex without the use of margin, which means that i will only trade with the exact amount of money i deposited in my account.
if it is possible to trade without margin, what is the minimum amount of money i can start to trade with without the use of margin?both micro and mini accounts.
please also provide me with a link where i can get full information on spot trading.
admin answers:
You may refer to this site. They have an Info Center where you can learn a lot of about spot and other forms of forex trading. All the best.
Laura asks…
Is there a company that can trade Forex on behalf of your company?
Lets say that I have customers but no licence to trade, Is there any brokers that can trade Forex on behalf of my company?
admin answers:
Hi
forexsignal.com is a very good service.try them out. They trade on our behalf on our fxcm account. Check there performance out too.its good.i will be using them very soon.hve been looking at them for along time now.just waiting to fund my account and off i go.
Also i know alot of people who just have one personal account and invest other peoples money in it too and trade,abit like a pool fund then share the profits.i dont think you need a license for tht really,not sure.
You can also find all kinds of forex information on www.onlineforexinfo.com relating to automated trading,top robots and platforms,softwares and much more.
Best of luck.
P.s you need to expand your question abit so it can be answered properly.
Regards zak
Chris asks…
Is it okay to trade Forex in America with a student visa?
This coming fall, I will be going to college in America. I’m not a U.S. citizen/resident, and so I’d have to go with an F-1 student visa, meaning I can hardly work there. But I was wondering if I was allowed to trade in Forex or invest in stocks while I’m there.. Is it legal? Because I mean, Forex is technically working internationally.. Please help! I’d appreciate sources.
admin answers:
The IRS requires banks, stockbrokers, casinos, etc. To report who they paid money to, above a certain amount ($10 to $1,200??) (e.g. Interest, dividends, gambling winnings, etc.) via a Social Security or ITIN number. Without a verified number they must withhold some amount (20% to 35% ??) of any funds due you and send them to the IRS to cover any possible taxes due.
In your case, you’d get a ITIN (from www.irs.gov) to file with these companies and use it to file your US federal income tax form.
Being a foreign national student may exempt you from actually having to pay US federal income tax or it may be a credit taken on your native country’s tax system. But you’ll still need a verified number before you can apply for an exemption or a foreign tax credit.
James asks…
is it comfotable to trade forex in mobile?
i am new in forex trading. i want to buy a mobile for forex trading as i am staying most of the time outside. but i am confused if trading in mobile comfortable or not.
admin answers:
I don’t prefer trading on mobile as it should show the price changes immediately. If the signal is poor you can’t really find good trading opprotunities.
John asks…
What is the best way to trade in FOREX?
Whats the best way to trade forex?
Websites, company’s, local brokers, software…..etc. What is the best way?
admin answers:
Go to a bookstore and load up on books on technical analysis. Don’t worry if the examples are from stocks or futures. The ideas are the same for forex.
Most forex dealers give you charting tools for technical analysis on the trading platform they provide free when you sign up.
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