Where do I go to trade forex? I want a broker with as little commission as possible.

THANK YOU!

I’m not sure about doing forex.. I do stocks right now.. I just want to learn about forex and see what it’s all about

any other advice will be greatly appreciated!

There are many forex brokers and most do not charge a commission.They make there money on the spread.Forex is a whole different animal than stocks.You need to be very careful because you can loose your money very quickly trading currency’s.If you are trading stocks as you said you should be careful also because the market is going to drop like last year because of commercial property foreclosures this year soon.This market right now is being moved mostly by individuals no institutions.

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Might be nice if someone can simplify how it works. I am also looking for an automated forex trading system too.

Automated forex trading systems (robots) are just a tool. Like any tool their success ultimately depends on the person using it. There are many people that make a ton of money from forex trading.

If you are looking for the best forex software, visit this site

http://the-best-forex-software-in-internet.blogspot.com/

This software is the best software that can help increase your trading profit and user friendly.

Best Wishes,

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I am planning to run an automated forex trading platform hosted on a server outside Singapore. Client’s trading platform will be hosted on the server and trades will be executed on their behalf. Do I need a license and how do I obtain the license?

If you are trading for others, you may need a license based on your countries rules about being an advisor sort of speak. You may want to contact some of your local officals You should be okay if the funds remain in your account. If you are looking for the best forex software, visit this site

http://the-best-forex-software-in-internet.blogspot.com/

This software is the best software that can help increase your trading profit and user friendly.

Best Wishes,

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I currently dabble in the forex market and using a US broker. How will I be taxed on my earnings, and what happeneds if I lose money that year, is it a capital loss? HOw does this work in regards to canadian tax laws with the broker being in the US?

Your tax reporting for dealing with a US broker is the same as dealing with a cdn broker in that the income reporting and transactions should be translated in Cdn $.

Regarding your quesion whether your loss should be a capital loss depends on whether your "playing" in the fx market constiute an investment or a business. There are no provisions in the Act which specify whether a foreign exchange gain or loss is on account of income or capital. An investment is generally in a situation of buy and hold, while a business is in a situation when you are knowledgeable and maybe with insider information, lots of daily time spent and numerous buys and sells during the day or week, etc.

If you are looking for the best forex software, visit this site

http://the-best-forex-software-in-internet.blogspot.com/

This software is the best software that can help increase your trading profit and user friendly.

Best Wishes,

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Hi,

Im looking for a service that will send me alert via email or SMS to my cell phone, when price of a forex pair touch/near a certain indicator such as Moving average.

I want it to do it without using my computer.

Anyone has idea which site has this function?

Thanks.
Thanks for info, everybody.

Yes, MT4 has this function with EA. However I want to run it without turn on my computer. Unless I want to host at a host, but then I would just put it at my computer for this purpose.

Any other ideas?

Thanks.

Mmm I think there is a function like that on the upcoming Mt5, my broker ACM will add Mt4 on September 7th, I haven’t used it yet but when they add it I’ll let you know.
GL

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How can one trade forex in a manner that least resembles gambling– over what period of time can one see some logic to a forex trade?

Who are the main players that govern the price levels of currency and what effects do individual traders have?

how do hedge funds trade currencies?

Does technical analysis really work? The idea of of using tech analysis seems so silly–what is the theory behind it?

Any additional information you may have, I’d really appreciate.

The currency pairs move in the direction of the trend, you anayze trends and it will help greatly, expecially the larger trends, short term moves within the trend are based on news items and parallel and inverse analysis.

If you are looking for the best forex software, visit this site

http://the-best-forex-software-in-internet.blogspot.com/

This software is the best software that can help increase your trading profit and user friendly.

Best Wishes,

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A complete newbie to forex trading, I am having difficulties figuring out where to look for information, but also what exactly to look for. Commodities? Bank quarterly results?

Well you could take courses on US and World economics, read some financial economies books and/or know when and the fundamental news that affects price swings are reported. Stay clear during these volatile times because they can take out your stop in a heartbeat and a few beats later go back the other way. And remember that the news could already be mostly priced into the current price.

If you are looking for the best forex software, visit this site

http://the-best-forex-software-in-internet.blogspot.com/

This software is the best software that can help increase your trading profit and user friendly.

Best Wishes,

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