Your Questions About Free Forex Account
October 29, 2011 by Forex Guide
Filed under Forex Account
Steven asks…
Is there a catch to the Zecco Forex cash bonus?
I received an email from Zecco.com saying that if I open a Forex trading account and deposit $5,000, they’ll give me a $1,000 bonus in November so long as I make at least 100 trades. I just called and a representative told me that there’s no annual fee on the account, and that the trades are free, but it seems like there must be a catch–what am I missing? (And yes, I’m a novice investor, so this may be a dumb question, so please be polite in your answers; thanks.)
I’m asking about Zecco Forex; I’m not asking about buying t-shirts and shoes or doing data entry from home–yahoo answers needs to develop some kind of spam filtering feature.
Forex Guide answers:
Hi
all most all fx will give bonus to $1000 but read their Terms and conditions.i am not sure if zecco is real fx company.here you can find a list best forex trading platforms that most traders use
———————–
http://forexplatformslist.com
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good luck
Ruth asks…
What is forex benefit?
Every Forex trading company in internet give free service and there is no charge to open a account. So my question is what is the benefit of this company?
Forex Guide answers:
Bear in mind that Forex analysts and brokers charge a fee for their service. Forex signal trading brokers may only monitor the more popular currencies such as EUR/USD, USD/JPY, GBP/USD and USD/CHF. However, for a higher fee you may be able to find Forex signal services for less popular currencies and pairs. Basic subscriptions to Forex signal services will send you alerts about the best times to buy and or sell.
If you happen to have a higher level of subscription then you will be alerted about the buy and sell times by pager or cell phone. There are also levels of subscription that will provide the subscriber with live Forex charts. The minimum subscription fee is usually a hundred dollars a month.
You can simply generate the forex trading signals by using an “Automated FOREX Trading Systems”. You can get these Forex Trading Systems for a one time low price not more than 100$, in the sense that doesn’t even cost you a monthly fee of your subscription for forex trading signals.
‘Forex Trading Systems’ are the best way for anyone to invest in the foreign exchange market. There are trading systems that are ideal for every type of forex trader. Easy to use, informative and beneficial are the key factors to consider before putting your foot into the trading pool. Simple ‘Forex trading systems’ are big business. Invest in the right one and you can make big currency profits and get the cost you paid back many times over !!
…If You Want To Learn More About A Successful Forex Trading System, I Suggest You Take The First Step, by going here: http://shurl.net/5MC
David asks…
Newbie to Forex?
I have been investing in the stock market for several years, but recently Forex has caught my eye with claims of huge profits, and I have some questions:
1. Is there a site with free tutorials about Forex, the same way Investopedia.com has for stocks? Is there a Forex simulator where I can try it out using fake money?
2. What kind of initial investment does Forex require? What are the commissions/fees like if any? What is the average return (%) for most Forex investors?
3. Where/how do you open up an account? (I’m Canadian.)
4. Is it a lot more speculative/luck-based than the stock market? (A lot higher risk?)
5. I’ve heard a lot of people talking about “systems”, “software”, etc that they are charging money for. Is there any free software I can get? Are most of the people involved with Forex scam artists or are there some legitimate ones?
Thanks
Also what are these “pips” I keep hearing about?
Since nobody has answered yet I went and found a great tutorial site on my own, http://www.babypips.com. It also offers links to brokers that offer free demo accounts.
Forex Guide answers:
Hi,
1- There are a lot of websites with free information about forex:
http://www.babypips.com/school/
There is also a good series of videos that were used to be free but unfortunately they are not free any more. You have to pay $10 for each but it does worth. If you watch these videos, it will save hundreds of hours of your time:
http://www.fxclub.com/video-en/
Also at http://www.weboma.com/category/forex/ you can find free daily/weekly signals every night.
Almost all of the forex brokers offer free demo accounts which you can practice with the fake money. Here is a small list of the brokers with free demo account:
1- http://www.interbankfx.com/
2- http://www.northfinance.com/
3- http://www.fxclub.com/
4- http://www.cmcmarkets.com/
The first two have MT4 platform. The last two have their own special platforms.
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2- You can start trading forex with as low as $100. The leverage is 1:100 but you can also find 1:400 leverage too. If you learn forex properly, you can double a $5000 account every month and there are forex traders who make much more.
As you have been a stock traders, you will learn forex much faster and easier because 99% of the techniques are the same.
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3- For Canadians CMC Markets is the best option:
http://www.cmcmarkets.ca/
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4- It depends on yourself. You can trade wisely or you can gamble with your money and lose it easily.
There is a higher risk than the stock market because the leverage is higher.
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5- There are some legitimate ones but you don’t need them. You can easily learn technical analysis and find buy and sell signals on your own. It is not hard.
Best regards,
Vahid
http://www.weboma.com/
Carol asks…
where can i learn advanced forex trading strategies ?
Hello all,
first of all i want to say that i already know all forex beginners materials
i know what pips means what moving average means, MACD , indicators, robots, experts, RSI, …. and all that stuff …
now i still want to learn more advanced things
to go one step farther
to learn a real working strategies, step by step …
from choosing a good currency pairs , to picking the right direction (bearish or bullish) to enter the market and where exactly to exit the market (where to place the Take profit or Stop loss orders)
i’ll be more than glad if someone already passed those steps , already making a profit from forex with real account (not demo) and could just post a helpful link or advice to start from..
i don’t care if the tutorial website you point is free or not
i am ready to pay money for good advanced forex trading courses
but i am scared to end up with a scam one, because as you know about 99% are scams and all they want is your money , and they don’t give you a real worth course …
thanks all
Forex Guide answers:
Many people told me that investing in curriencies is the hardest way of investing, because it doesn’t have clear direction. Bullish or Bearish is hard to detect. However, there was the two big crisis, 2008 global crisis and the EUR crisis mid of last year. Many people who traded forex frequently, made huge profits from trading Dollars, and EUROs, simply because last year they could buy year at a 10-Year record low.
Now adays, all eyes are on the Japanese Yen after the Quake..
So, i really give you advice not to trust any one in this kind of trading, because even proffessionals lose for unpredictible mistakes
Linda asks…
Whats a good Forex trading system?
I am just getting into trading forex online…what is a good online trading system with good profitiability? I’m just a beginner, I don’t know much about it but i know a little, but am trying to learn as much as possible. Right now i just want a basic good trading system that I can invest a little bit of money and try to turn that into good sums of cash. Also one that has free practice accounts.
I don’t mean I want someone’s system… I meant like and actual online company that does it. Kind of how Ameritrade is a good “system” for stocks, whats a good “system” for Forex?
Forex Guide answers:
I’ve read a lot about Forex, but I’ve never seen a proven profitable forex strategy, despite the claims of some scam web sites. 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.
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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Advantages Of Automated Forex Trading Systems
June 4, 2010 by Forex Guide
Filed under Forex Book
If you are going to be involved into the Forex market, then you really need to properly understand all its basics as it functions in milliseconds. Traditionally, the Forex trades happen in currency pairs, which could fluctuate in minutes. It means that by the time you manually place your trade or place your trade with the help of your trading broker, the market can have left you behind and changed again so that the trade you want no longer exist.
An automated Forex trading system could help you to change this situation. And as the Forex market runs round the clock, an automated Forex trading system provides you with some great advantages versus trading with a broker. With the use of automated Forex systems you even do not have to be physically present for your trades. You have an opportunity to trade even when you sleep.
If you prefer to trade with an automated trading systems, you could do all your transactions in real time. There is no lag time as could happen when you trade with a broker or do a manual trade. For sure, you have an opportunity to trade manually, but you could miss the opportunity to make the trade when it is most advantageous for you to do so. An automated trading system as well could forestall any problems that could occur you try to so your trades manually.
Such trading systems automate a lot of the tasks that you would be scrambling to keep up with manually. As well you have more time to plan your trades and diversify them so that you could trade in several markets. As every market you trade in could be in various time zones, you are not going to have to worry that you have kept up with what is happening in every market. Instead of it, you could work with some different exchange rates and use each of them to its best advantage for you.
By estimating short term data, you have an opportunity to predict trends over a much shorter period of time than you can if you do it manually. It means that your trades as well could be much more affordable, so that you could jump on positive trends right when they appear and so you can use them to your benefits.
As well automated Forex trading systems are going to minimize your risk management problems that you could face with. Internal checks are used to make purchases in the Forex marker, so they are synchronized through automatic technology. The same happens with payments that you make. With the use of automated Forex trading systems all your transactions complete smoothly and quickly and it means that you could be fast in your trades.
As in any other niche of our life Forex needs some education.
Of course, one can start forex trading and be quite successful about it. But sooner or later the losses will come. It is precisely when you might think “Why didn’t I start with a good forex book?”
That does not mean that after reading even the top materials you will start making money, but this knowledge will save you from many troubles. And even if you make up your mind to get the assistance of a forex managed account service, still you will make a much wiser decision.
And some general tips – today the online technologies give you a really unique chance to choose what you require at the best terms which are available on the market. Strange, but most of the people don’t use this chance. In real life it means that you must use all the tools of today to get the information that you need.
Search Google and other search engines. Visit social networks and check the accounts that are relevant to your topic. Go to the niche forums and join the online discussion. All this will help you to build up a true vision of this market. Thus, giving you a real opportunity to make a smart and nicely balanced decision.
P.S. And also sign up to the RSS on this blog, because we will do the best to keep updating this blog with new publications about Forex market.
Here’s What You Need To Know About Automated Forex Trading Systems
March 11, 2010 by Forex Guide
Filed under Forex Systems
Automated foreign currency trading is the twenty first century manner for anybody to trade foreign exchange profitably.Visit my forex black panther page. Hands-free forex trading could be very in style today. Hands-free Forex trading is extra prone to make practical decisions even in essentially the most erratic and real time conditions because there is no emotional or personal attachment to the trades. Hands-free Foreign currency trading is extra like having an excellent inventory broker in your payroll. Automatic Foreign currency trading is actually software program based buying and selling train wherein software program primarily based robots referred to as bots are used to track down actions in international alternate every hour each day they usually work 24×7. Dont miss my forex black panther scam page. Automatic foreign currency trading is no longer a brand new concept to the players on this field.
Foreign exchange market is a 24-hour marketplace, and with automatic Foreign currency trading software program users should not bound to follow the market constantly. Foreign exchange automatic buying and selling is proving to be a worthwhile funding choice for quite a lot of investors who’re critically making an attempt to develop their funding activities from the standard investment platforms like the inventory market, mutual funds, and bonds. Forex Buying and selling has been marketed to the typical particular person as his voucher to monetary independence and unlimited wealth. Forex currency buying and selling is complex and is extremely demanding. Foreign exchange is a 24-hour exercise, and unfortunately, we can’t keep awake 24 hours a day, trading the bazaar. Foreign currency trading is another name for international currency trading. Forex trading software doesn’t have emotions, nor does it know what concern or greed is. Foreign currency trading autopilot programs (also refered to as Forex robots) have long been recognized to be round, but very few folks actually know that advances on software program engineering techniques which have allowed a number of Foreign exchange autopilot programs to make money for you hands free. I will expose the large lies about these hands-free forex trading programs which guarantees you excessive returns. But I finally discovered a fantastic automatic foreign currency trading system that gives me constant forex income. If you thought that forex trading was all about understanding when to buy or promote, or growing your own trading technique, assume again. Faster house computer systems and broadband web connections have enabled the world of forex trading to evolve to a new stage where you can have a managed foreign exchange account with your dealer traded for you by one or more expert forex traders. In the identical approach, when retail foreign currency trading first became obtainable to you and I, we needed to study technical analysis, tips on how to interpret value charts, and mainly learn how to trade. One of the best method to make large cash on-line is forex trading.
If you’re on the lookout for the best forex trading robotic or hands-free forex trading software program, then you need to really learn this. Automated Forex Buying and selling In the identical approach that you just select a bit of software program written by an expert programmer to carry out a selected activity in your computer, you can now select a particular knowledgeable trader (based mostly on their efficiency report) to commerce their successful technique in your managed forex account. A good provider will provide you with detailed past performance data for every sign provider, which actually lets you kind the wheat from the chaff of managed forex trading. Learn how to reduce the Foreign currency trading dangers as much as possible. Be taught why is it so difficult to day trade Forex (International Change Buying and selling). Gone are the times when Foreign currency trading is a large train manual. Software and technology have made on this area and allows you to change effortlessly and safely on in the present day, the world of hands-free foreign exchange trading.
Hands-free foreign currency trading techniques help an individual to remain informed in regards to the world foreign exchange bazaar and the fluctuations in forex rates which can be important to make profitable buying and selling decisions. Automatic Foreign currency trading software program is based on the idea that they’ll indeed make you money. Hands-free Foreign currency trading software program is designed to assist with the process but will not be essentially going to give you a virtual cash tree. Automated FOREX buying and selling can be a good way to go about FOREX trading as there are numerous completely different packages and software available. Hands-free Foreign exchange programs allow you to fastidiously examine your personal trading style ahead of time and design the system that works one of the best for you.
It’s also a good suggestion to keep in mind that if a software program program may present large sums of money it might more than likely not be obtainable on the open bazaar.There are a lot of alternatives to make large money online. Create their own sole proprietorship or create and affiliate marketing online on-line business.
There are some particular plans which you can put in place to make sure that you’re sustaining management of your business. Since customer service forms to be the core of enterprise process outsourcing, it is very important handle the decision heart staff in order that they perform their process in an environment friendly manner. Obviously, for those who see another person in your area of expertise and they’re doing considerably better than you are inside their very own enterprise, then it doesn’t harm to often look over to see in the event you can determine how they’re making issues happen so steadily and successfully for themselves.
Hands-free Foreign currency trading is an environment friendly system to foretell on the rise and fall of the forex charges and automatically execute worthwhile trades immediately without consumer intervention. Automated forex trading is a comparatively new concept that’s quickly rising in popularity among retail forex traders. Hands-free Forex trading is geared in direction of everyone-learners to buying and selling, professional traders, day merchants, night time traders, merchants who commerce only for fun, professionals of different industries. Automated FOREX trading is strictly what it sounds like. Automated Forex trading is starting to turn into an increasing number of popular. Automatic forex trading is forex buying and selling by utilizing what are generally referred to as ‘robots’, also referred to as “Knowledgeable Advisers”, to run the open accounts that the investor has within the marketplace. Automatic forex trading is complicated laptop software program that decides when to purchase and sell currency using mathematical algorithms, and the trades are executed robotically for you. Automatic Forex trading is enjoying a major half in boosting the world’s economy.
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Automated Forex Trading – Be Taught To Trade Forex For Bigger Profits
March 10, 2010 by Forex Guide
Filed under Forex Trading
Are you a disciplined individual? Based on professional Foreign exchange traders, the only ones who achieve the Forex market are those individuals who keep disciplined despite their success or failure. The automated forex trading has modified the way in which traders make their transactions. If you’re a savvy Forex trader, you’ll be able to definitely profit from utilizing these automated systems.
For newcomers in the Forex commerce, be warned that a lot of the buying and selling techniques offered or supplied online are thought of junk and useless. Oftentimes, these techniques present tested simulations and cleverly hyped marketing methods that don’t work. By using “junk” buying and selling systems, you may lose your investment.
There are simple trading techniques offered on-line which might yield larger returns when used properly and consistently. The easier the automated Forex trading system, the better it is to use; you see, sophisticated methods do not assure success always so be very cautious when selecting the appropriate Forex system.
For instance, in the event you assume that a certain currency goes to maintain 4 weeks high standing, purchase it. When you have a low-standing currency, you’ll be able to promote it earlier than the value goes down further. This method can also be called breakout whereby all of your moves inside the Forex market relies on the highs and lows. Soon, you will be able to penetrate the market’s large trends.
Massive traits normally last for several weeks, months, or even years. Check out the Forex chart and study it. The entire system is automatic and the rules are quite objective. This system is also known as an automated forex trading systems and it may well operate fifteen minutes everyday. The creator of this Foreign exchange robot was Richard Donchian, a Foreign exchange trader.
If you want a simple system, the automated Forex trading robot may go for you. Traders who prefer advanced trading systems typically count on extra from this system and they also would moderately opt for another system which can meet their expectations. The Forex robotic will not be fussy and it may well show you how to in figuring out the top picks and the bottom picks.
Successful Foreign exchange traders spend enough effort and time to make informed trading decisions. As a sensible trader, you should not rush things. Enable the system to work. Do not believe in the fantasy that complex and costly systems are more efficient. If you’re serious in Forex trading, you possibly can earn numerous earnings with minimal effort.
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Understanding Fx Automatic Trading Systems In Making Your Earnings
February 18, 2010 by Forex Guide
Filed under Forex for Beginners
Are you searching for bigger profits automated forex trading method? Making money from Currency trading nowadays, its feasible with regard to personal buyers, while earlier only available to huge banking institutions.
In addition to this, have specialist traders now been set in to the method for their advantage, computerized robots which might be bought on the internet. This permits each and every individual to receive earnings from forex currency trading without having to devote hours staring at value charts.
Foreign exchange system automatically designed using the internal regulations and specialists smugglers create statistical algorithms. These rules shape how trading software when they switched. While using software programs are genuine and low risk, able to create a full time passive income by blending my life last my investing account utilizing robots.
Automated forex trading systems could be the working host to world currency as though US dollar, Euro, Japanese yen, and several others. Foreign exchange current market isn’t just a regular market; it becomes the largest market on the globe that can provide great impact to a country’s monetary situation. The trading price per day one is the most than four trillion.
During this enormous and liquid trading, we only have to do a straightforward concept. We sell and get currency. Who generally take part on the forex? Big bank or central bank and great firms are ones that usually take part on forex trading.
Nonetheless, nowadays we could also find private trading between investors. This private trading could be very profitable and also to give easiness for many who want to participate in the forex trading, the technological industry serves us fx automated.
Forex currency trading is a business that able to give full turnover on our first initial capital. Fx trading seems so easy, but it may be complicated as well. Therefore, if you should leap into this worthwhile industry, it’ll be better if we learn and get a deep becoming familiar with about this subject first. If we are beginner, fx automated could be very helpful for individuals to comprehend forex better and lead us where path we should choose. On the other side, if we’re advance traders, foreign exchange computerized can help us supercharge our earnings.
On running our fx trading, we will always need the fx chart analysis. We will be able to read this chart since it will help us understand the fx situation that will become our foundation on deciding what steps or decisions that we should choose. So, Fx automatic will be very useful. Our decision is one which determine our profit, while using forex automated, we should be able to read the foreign exchange chart accurately, and make a perfect decision because forex automatic main task is always to analyze the chart and data.
Nowadays, Forex automated is not an alternate tool any longer, but it can be the best assistance to build a great decision to boost our profit. If we are thinking about this software, we could find foreign exchange automatic on the net. Forex automated or forex robot is unquestionably an answer for forex traders.
The critical indicators that a Foreign exchange trader must consider when conducting a fundamental analysis of your country’s economy include that country’s GDP, employment rate, trade balance and most recent budget. As an example, such investors could fund industrial development in the country (any time that country’s currency exchange is weak) and subsequently sell back that country’s currency with a bigger rate (once the currency is good).
Check out pragmatic things to know about forex investment – read this page. The time has come when proper information is truly within your reach, use this opportunity.
