I've heard that FXCM and Oanda is best two to use? and is day trading a good way of making a living? if any of you are day taders could you please give my your Email address so i can write to you and ask you a few questions?
please help me out people!

oanda.com.

you can open a live trading account with only $1 (more the better tho). Leverage is 50:1. Trading platform is reliable, either web based or download and ran from your desktop.

i used to trade with fxcm, but switched to oanda entirely. The reason? i can add and withdraw funds using paypal.com.

Feel free to contact me through my profile.

and is it all that easy ,as it is shown in the websites???????atleast for somebody who is a fresher?

The first answer the guy has it right. 4xmadeeasy. forexreckoning. etc etc. all of those cost a lot of money and for what. If you could find a company that could return you 12% a month each month for 100.00 a month would it be worth it? I thought I would try this company after looking at all the rest and realizing that this was less expensive and if after 90 days I didn't like it I would be out 300.00. Guess what after 30 days I am up 800 dollars real money on 3000 invested at a very conservative level. I am figuring that 100 is worth it so far. My money is hedged in the trade so if one goes up the other goes down. My 3000 gave me 100.00 plus in interest and over 750.00 in trades. As it stand right now I will make 140.00 in interest in November alone not including my trades. I think I like this program and I more than got 12% on my money. You can find it at www.freedominforex.com. The company is called FreedomRocks. By the way I didn't have to stay up and watch for trades. I would follow the program and then wait for my broker to send me an email and then adjust my account according to the program.

recently i found that everyone can trade online with Forex and they even offer you a demo of ther trading platform. My q. is this a big and nice scam or something real?

The Forex market is actually the largest market in the world. There is $2 trillion traded in the Forex market every day. Up until the past few years, the market was only available to large institutional traders and individuals with substantial net worth. Now, the Forex market is open to all investors.

There are two major problems with the Forex market as I see it.

The first is the "potential" for large profits with a relatively small investment of a couple of hundred dollars. This tends to make it way too easy for the average person to trade in the Forex market in the same manner that they would take a seat at a blackjack table in Las Vegas. These people are no more than Forex gamblers and are certain to lose their money before they even know what the word Forex stands for.

The second problem is that everybody and their brother is now talking about Forex. It is very common to get introduced to Forex trading by someone who does not have the knowledge, support system, committment or compassion to make certain that your best interests are their primary concern.

There are methods of trading Forex with which you can quickly lose all your money. There are other more conservative methods of trading Forex with which you can generate a comfortable, consistent rate of return as a key element of a long term investment strategy.

I, personally, will not allow any of my clients to trade a live account and risk their own money until they have had sufficient training and experience trading demo accounts. Once you understand the risks, the market dynamics and the proper methodologies than trading in the Forex market can be an interesting and rewarding experience.

My advice to you is to take your time, learn-before-you-earn, save your money while simply trading with demo accounts and find an experienced Forex trader willing to devote the time and energy necessary to coach you and look out for your best interests.

Best wishes for a prosperous 2007.

Paul
pupp52@yahoo.com

Sir,
What would be your advise on forex trading.Does it really worth it.

Forex trading has potential for high profits and high losses. Forex primarily needs a great deal of knowledge and specialization to do it profitably. Many "GURU's" like to bang the drum about how much money you can make, but most people lose money at FOREX, because it is a situation where you make profits based on your decisions, and unless you are right in the immediate market, you are making decisions based on partial information. Those who have the best information make the most money. If you are 60 seconds late, you may miss out and lose money.

Some people thrive in such a situation. Most do not.

http://www.currencytradegroup.com

What classes and where can be taken? If there are classes, would there be any in San Diego or Seattle?

I'm not sure about specific courses but here are some links to websites that are known for proven stock and option trading tools. They have some courses you can sign up for.

www.investools.com

www.shadowtrader.net

www.thinkorswim.com

There are literally dozens of online stock trading platforms available to investors/traders. The forex platforms you are talking about generally deal with currency trading, not stocks.

If you are looking for stock trading online you can find a list of some of the top rated online trading platforms at: http://online-stock-trading-review.toptenreviews.com/

There are many other options available as well but those in the list will provide some of the best combinations of price, execution and service.

For me it was the "Super Forex System" and the "Bird Watching in Lion Country".
You can read some reviews about them at

http://www.forextopten.com/superforexsystemreviews.html

and

http://www.forextopten.com/birdwatchinginlioncountryreviews.html

If you're just starting in Forex you can also start by free resources like http://www.freeforexebook.org/ and http://www.babypips.com/

Good luck

I need to track the exchange rates: USD and Indian Rupee as well as Yen and USD. Its very amazing and incredible. I saw it on a seminar. Please let me know the site where i can find it !!!!! Kindly Expedite. ( For Academic purpose )

www.oanda.com?

Pip spread is the difference in the ask and bid prices of a particular pair of currency. Usually 3 to 5 for major common currency. Up to maybe 15 or even 20 pips difference for less coimmon pairs, eg Aud/Eur, Aud/Yen

Best free charts definitely those provided by FXCM. Have a choice of several charts.
@ http://www.geocities.com/lcming/ForexForex