http://www.alpari.co.uk/

I know what the company does on a very brief note, such forex trading online using various software etc. But What I wanted to know is, what the hell is a PIP! also what is there jurisdiction limitations so what services can they offer and cant etc.

Also what makes a good online forex trading account etc. I was reading the not receiving re-quotes is good etc.

A pip, depending on the currency is 1cent so when trading Cable (GBP/USD) you place a trade with a profit limit level of x number of pips – 20 pips would be 20 cents and so on.

I use Alpari for the charts on the Metatrader platform they use – which you can download for free. Their spreads are pretty good, but for tax reasons I mostly use IG Index for trading, which is a spread betting platform.

Not sure about the jurisdiction limitations you refer to – without knowing which country you are based in. If you are based in the UK there are none I know of.

What makes a good account is stability of the platform (most FX providers tend to use Metatrader so that isn’t really an issue) and speed of processing orders – you will get some slippage when the market is moving very quickly, the best way to minmise that is by using OTO orders (orders to open) that automatically trigger an order when a price reaches a certain level. Most important of course is the spread – e.g the number of pips the provider charges for entering a trade – which does vary enormously.

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Okay, I know this sounds random, but I’ve always wanted to become as millionaire in my 20s, preferebly age 22 and at the very most age 27 as a back up. Since I was 13 I have looked into various different businesses I’ve been passionate about from property development, stock market investing, forex trading, options trading, CFDs trading, spread betting, iPhone app developing, facebook app developing, internet website entrepreneurship, eBay seller, starting a construction company, starting a hardware/software company, and many more. All of these and many more I’ve been passionate about at one time or another, but I can’t find ANY ONE I’m truly passionate about that could make me a millionaire in my 20s. What Could I do become a millionaire by age 22 or 27 starting now at age 18? Please, I really need someones help or advice as I’m desperate. Thanks.

Becoming a millionaire in your 20′s is extremely unlikely. There are three ways to become a self-made millionaire in your 20′s; 1) Work extremely hard applying a valuable skill 3) develop a new business or product 3) get lucky.

The most reliable way to accumulate wealth is to develop a valuable skill and then work extremely hard applying that skill while spending as little as possible and saving the rest. Many of the opportunities you mention require developing a skill.

A much better goal than becomming a millionaire in your 20′s is to find something useful that you are good at. If you do that, you will have much more financial security that a millionaire.

The greatest financial security in the world comes from having a useful skill. And it can be a wonderful life if you enjoy applying that skill.

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I want to invest in forex market.It seems more hopeful in future.which plat form gives the best analysis and free practice account with some bonus.I need real answers!!!!!!!!

There is no good FX platform or company.

There are only ones less bad. Be very careful…. it’s very easy to make money in a practice account. Paper money trading should never be used as a guide to the future. You only want a US regulated company (anything else can lead to great financial pain).

Some good choices;
GFT
InterbankFX

A great example of what to avoid;
eToro
finexo (very, very, very expensive)

Two good web sites for you;

http://www.fx360.com/

http://www.babypips.com

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