I wish to trade in Forex Currency Market can anyone guide me regarding this is it legal in INDIA .If it is legal can anyone provide me the link of a good Forex companies website……

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I am interested in learing to trade on the currency market but not sure where to go for my information. there are some tempting offers out there from these companies, but i don’t trust them?

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I am wanting to trade the forex currency market, but do not wish to get ripped off either. I am wondering if this system works or is it a scam?

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Ok, I am a complete beginner, and just had a few dollars on the forex currency market (EUR/USD).

I am confused though, I deposited £25, and had a £6 charge for entering onto the trade when I opened my first and only deal so far. Is the charge normal?

It now says my ‘Margin To Risk’ is .00 (£31.00), and it has also stated my ‘Stop Loss Rate’ being 100 pips less than the rate I took out, obviously as my safety cushion?

I also notice I have another charge for a few dollars because at 22.00ish I had an email saying that I had ‘Rolled Over’ to the next day. They charged me for that too. Even if I make a small profit on my small rookie investment, I will still probably be down because I have had to pay the trading platform I am using.

Its very tricky to pick up and understand, I just want to know if I am playing safe, and I as long as I can’t lose more than my £31.00 initial open deal, then I am ok with that.
Haha, some nice answers people. I am not clueless who ever said that. I have learnt alot, and done alot of reading before ‘jumping in’, I am not that stupid. I was just some of the terminology on the Forex site I was using was confusing, and I didn’t understand all the charges. I am understand the site more now and its starting to become more clear and easier to understand as you play along with it.

And for anyone’s information, I am on my 3rd trade in 2 days, and made £35 profit on top of my initial £25 deposit. Who wants a beer? :D (Don’t worry I won’t get too cocky, I am just having fun with money I can afford).

But thanks anyone for the answers and the links I will have a look at the information you have provided.

A. cause the U.S. dollar to depreciate.
B. create a supply of dollars and a demand for pounds in the foreign currency market.
C. create a supply of pounds and a demand for dollars in the foreign currency market.
D. cause the British pound to appreciate.

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Specially from the viewpoint of forex data mining, analysis and reporting, which currency trading system meets your needs for a "power tool"?

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i am a stock market player. i want to enter currency market. kindly guide me which currency pairs are normally very active and the timings (from what time to what time if I am ready to concentrate on all the 24 hours)generally very active for day trading. Also request to mention the differnce between currency trading and stock trading in various angles

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Hey there all I’ve been thinking of trading on FOREX market a while ago and finally started trading on practice account with FOREX.COM from what i’ve experienced so far i haven’t made any profit in fact i’ve lost few hundred bucks /virtual loss/ up untill now i’ve only thought there isn’t any trading platform other than this one that i’m currently using. But as i’ve searched through the internet i’ve realized there are actually many more trading platform so there’s to be considered broker?

So now i’m left with questioning myself which one is more reliable? I’ve read that diff platforms offer diff opts and its up to you to decide which one you want to

Forex Currency Market Trading – Which Forex Signal Generator (Software) Gives You The Best Results?

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I have heard alot about trading in the Currency market. Is it easy to do? Can I make a lot of money in the Forex?

There was a time that the free world once needed a strong U.S. military backed by a strong dollar to offset a Soviet threat. Since abandoning the gold standard, the only thing that has supported the value of the dollar has been the international currency market.
After WWII, the U.S. dollar replaced the British pound as the international currency. Countries across the global hold trillions of U.S. dollars to back their own currency.
Times are different today. There is no Soviet threat. What motivates the capitalists world to support the dollar today?
International trade in Euros is on the rise. What will the USA face if the dollar loses hegemony?

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