Currently at the time of writing I am 18 years of age and I have been practicing stock, commodity and currency trading in several different practice accounts. What I have discovered is that I am best at currency trading and I make the most money out of trading that way. With stocks and commodities I have had moderate successes but I’m better at FX trading than anything else and I’ve learned a lot too.

I also know that currency tends to trend long term such as a few months to a few years which is where currency options are best suited. Spot-forex trading on the other hand is traded on margin and is best suited to short term trading of the FX markets.

I have only had practice trading FX in spot-forex and spread betting, both of which had a return of several hundred percent. What I would like to know is what is the best way to trade forex out of currency options, spread betting or spot FX, and which is best suited to a UK resident to gain wealth? Please help/advise. Thanks.

P.S. Sorry its so long.

The answer is really very simple. if you are in the UK you should go through the spread betting route because all gains are tax free. All the instruments you have mentioned are traded on margin so are equally risky but the difference is that if you trade spot forex or currency options you will have to pay tax on your gains!

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I’m newbie in forex trading and I would like to learn more about forex. Please suggest me some good books or sites for the same

Choose the Most Useful Forex Books Available

Forex books can be availed anytime and at affordable prices. These books are dedicated to help and guide you especially if you are tenderfeet in the market of forex trading. A lot of books have been written for the particular purpose of helping people out in making money from trading currencies. In fact, not only the forex trading itself has generated craze all over the internet, but also advertisements about these books.

What could usually be found in forex books? What information could be found in such books? How about the veracity of information provided in these books? These are just a few questions pertaining to the abundance of forex references being offered anywhere today.

From the most basic guidelines to more detailed and comprehensive currency trading procedures, forex books all attempt to contain the kind of information they think would be their edge in catching the attention of interested buyers. A caution, however, is given to people by forex trading experts who know more about the science of this business. If you are to choose a book that would help you boost your abilities in forex trading, you need to be very vigilant as a purchaser. Remember to make the most of every dollar that you are going to spend for it.

Choose the one which is more integrated and easier to understand. Also choose the book that contains specific trading examples that are lifted from real market experiences. Do not buy a currency marketing book that has nothing to offer but bulleted lists of tips and tutorials, those that are usually devoid of any informational meat you truly need.

Timothy Stevens is a Forex Options Trader who owns http://www.NonDirectionTrading.com – He has helped hundreds of people on Trading Forex with Options.

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my friend introduce me to this company forex macro and told me about investing in it. well i done my own research and found that there are people who are please and made some profit while there are some websites which declare it a scam. my friend invested 3000 dollars and on his account it shows profit of 21 dollars per day. i only invested 200 dollars and i’m getting 93 cents per day with the fixed plan just to taste the waters. i want to know of people who actually invested it and there replies good and bad. also i would like to hear if anybody had any problems withdrawing money when they cashed out.

Simple answer. I just went to the web site.

I have no doubt that this is a total scam.

Stay clear of this rip off. This is like Bernie Madoff’s ponzi scheme. You will be paid by the deposits of others. eventually these things blow up. 100% guaranteed. You need to look at yourself very closely. Why would you believe these claims in the first place. The claims they make are blatantly ridiculous.

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which company could i take advantage ,for my forex trading

i personaly use IBFX which i feel is ok. EUR/USD spread is 2 pips. They recently said they are going to go down to as low as 1 pip.

By the way if you are new to forex, you can go to my forex blog for newbies.

all the best.

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I’m in the process of studying,learning and understanding the Forex trading market.I’ve been watching two three pairs of currencies every day for the last 3-4 years and been into currency gaming in the past but not personaly.I just had the capital,somebody else was investing and had a small profit.
I wanna do it myself now and already training on metatrader 4 platform.
But some questions come along while other questions resolving.

My home currency is Euro.
Now i’m training with trial account but when i’ll make a live account my capital(margin) will be 30.000 with leverage 100:1,meaning 3.000.000 .

First question:
I sell 10 lots,1million(10.000 of my capital), on EUR/GBP at :
sell 0,90133/ buy 0,90158 and close it later at 0,89615/0,89630…
This means the first 1.000.000 will now be 1.005.612..meaning i made 5.612euro on this trade.
The question is ….are these 5.612euro my profit,my money?
On metatrader platform in the place where the margin is and it wrote 30.000 ,now it will say 35.612..
So its my clear profit right?

If no,then what will my profit be in lets say the specific trade?
If yes ,then how do i get those money(the profit) in cash? (from where and when?)

Thanks for the patience to read all this.
I dont need robots,no A.I. for now ,so please if u can answer my question,i will appreciate it …if not and just advertise,dont bother.

Yes. 5,612EUR is your profit. And your account equity will be 35,612EUR. And your available margin will be 100x your account equity.

You withdraw funds from account usually the same way you deposit, ie. contact your broker and ask them to transfer whatever amount you wish to withdraw to your euro account at a bank. Common methods of withdrawl and deposit are wire, eletronic transfer and check.

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I’m gonna start trading on forex trading market with a serious amount of money…Anyone can suggest of a reliable,serious trustworthy broker that i wont have any problems with my capital and earnings?
Thanks in advance.

here’s one source that will lead you to a legitimate, reliable, trusted and leading forex broker that has regional offices in the usa, canada, europe, uk, australia, middle east and asia. if you’re a beginner then you really should take a look at their features. for one, by opening any of their account- mini, gold, vip or paltinum- they will provide you a personal account service manager or asm as mentor/coach who will walk you through the basics and will even trade along with you upon request to make sure you get familiar with their system. discussions are done live via phone, email, chat or personal meeting if you happen to live near any of their regional offices. plus they have several innovative tools specially developed for their traders assistance in their dealings. all the best.

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Also, which is the least risky and which requires the least start up capital?

it depends entirely upon your own mentality…..

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i want to get into forex trading as i have practiced myself however i would like to know as i live in the uk what are the best platforms to use for demo accounts and real accounts i used 1 but it looked like a scam can any1 give me some tips and advice please thankyou

This is a good platform and brokerage to trade with

http://www.fxcm.co.uk/

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I would like to know about some reliable companies who can invest money in forex trading for me and give me a fixed amount as profit. What are they called? Is it forex fund managers?

You can find some company name related on invest in forex here ..

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How or what do I need to set up basic charts on 4 different monitors?
I have a VGA splitter but that just gives me the same chart on every monitor. I was told I do not need a dedicated graphics card because they are just simple office charts, not gaming or pictures/movies? Its for trading software MT4 which has several currency pairs and I want to put 4 pairs up on 4 separate monitors. I know that I have to download the program 4 times such as MT4_1, underscore 2,3,4, and so on but when I open MT4_1 my VGA splitter just shows it on all 4 monitors. Is there something else I need or need to do to be able to have the 4 instances of MT4 on the 4 different monitors?
Thanks for your help!

http://www.multi-monitors.com/SUPER_PC_Dual_Monitor_Video_Cards_Multi_Screen_Graphics_s/1914.htm
Here is a startfor what you need.

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