Hello,
I want to start trading forex...and without experience I am not sure which site to use...Yesterday I've send money with my credit card to forex.com plus I send them scanned copy of my ID card, because they required to do so. I guess site with name: forex.com isn't a fraud, but still I am waiting from them to approve my application...
What site could you recommend me? How about fxcm.com?
Thanks alot!!!
2006-12-20 23:38:50 · 7 answers · asked by Bobi G 1 in Business & Finance ➔ Investing
I've heard that forex.com is pretty good. As for fxcm.com, they also seem to be good. All these companies are very similar to one another. The important thing that you have to look at is execution speed and customer service.
2006-12-22 05:42:06 · answer #1 · answered by Mr. Main Event 5 · 0⤊ 0⤋
Binary options let users trade in currency pairs and stocks for various predetermined time-periods, minimal of which is 30 seconds. Executing trades is straightforward. The system uses user-friendly interfaces, which even an 8 years old kid, can operate without having to read any instructions. But winning trades is Not easy.
Binary trading is advertised as the only genuine system that lets users earn preposterous amounts of money in ridiculously short period of time. Advertisers try to implicate as if you can make $350 every 60 seconds; if it was true then binary trading would truly be an astonishing business.
However, does it make any sense? Can every trader make tons of money in binary trading? Who is actually paying all the money or the profit to traders?
The first challenge is finding a trustworthy binary broker; secondly, you need to find a binary trading strategy, which you can use to make profits consistently. Without an effective trading strategy, there is no way you can make money in this business.
Learning a profitable trading strategy is possible, You should watch this presentation video https://tr.im/d0306
It's probably the best way to learn how to win with binary option
2015-01-24 10:04:31 · answer #2 · answered by Anonymous · 0⤊ 0⤋
personally i am on FXCM.com. Fantastic service. Toll free number in HK, Australia and USA. Have tried their toll free in 2 of the countries. Professional immediate. No worries. No hassle. For a demo of the FXCM platform go to http://www.geocities.com/lcming/Forexbooks As a beginner i suggest you resis the temptation to go live, just demo for 3 months. Until you think you have squeeze out every drop of "puppy love" or urge, then go live. Even then go on mini. Read every book you can on Trade Management and Money management. NOT JUST technical analaysis. Good Luck
One more thing i must add is that after demo 50 or so trades plug them into the Trading STrategy Analysis Utility to the website above.
2006-12-22 17:04:36 · answer #3 · answered by Anonymous · 0⤊ 0⤋
On this site you find all the details about my favourite binary trading software http://tradingsignal.toptips.org
I like it because it's very easy to use: NO complex charts… NO baffling analysis... NO complicated methods... in fact nothing to learn at all! Check the site... (the proof videos are interesting)
2014-09-25 02:18:40 · answer #4 · answered by ? 2 · 0⤊ 0⤋
the best trading software http://tradingsolution.info
i have attended a lot of seminars, read counless books on forex trading and it all cost me thousands of dollars. the worst thing was i blew up my first account. after that i opened another account and the same thing happened again. i started to wonder why i couldn,t make any money in forex trading. at first i thought i knew everything about trading. finally i found that the main problem i have was i did not have the right mental in trading. as we know that psychology has great impact on our trading result. apart from psychology issue, there is another problem that we have to address. they are money management, market analysis, and entry/exit rules. to me money management is important in trading. i opened another account and start to trade profitably after i learnt from my past mistake. i don't trade emotionally anymore.
if you are serious about trading you need to address your weakness and try to fix it. no forex guru can make you Professional trader unless you want to learn from your mistake.
2014-12-18 13:43:31 · answer #5 · answered by DOMINIGUEZ 3 · 0⤊ 0⤋
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2017-02-19 19:15:47 · answer #6 · answered by rosaura 4 · 0⤊ 0⤋
i'm on this fxcm.com site as well... they have a very good tech support and very professional as well.
As a beginner, you may find this link interesting as well... http://www.prosignal-forex.com/index.php?ref=1342
2006-12-24 04:05:06 · answer #7 · answered by Anonymous · 0⤊ 0⤋