Which Forex Trading website in Canada is not governed by US Rules and where Hedging is allowed?
FXCM.com is a good website but it is governed by US Rules. According to Rules in US Hedging is not allowed. Also when you open multiple orders you can’t close the last order unless you close the orders opened before that. When you put a stop for second order it closes your first order insead of last. Therefore I am looking for a website in Canada which is as good as FXCM.com but not governed by US Rules.

Hi Rocky,

Most of the European brokers accept Canadian clients, but it is good to contact the broker directly and double check this information.
Our trading conditions seem to match your requirements, however, should you have any inquiries, you are more than welcome to contact us directly.

Best Regards,
FXCC Representative

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Interested in forex trading but india RBI regulations doesnt allow to trade in forex, $200 is sufficient to trade in forex if yes then how to deposit n withdraw profits, many traders in India are profiting say me the way or ideas thanks in advance

Hi,

You can try using an alternative payment method such as PayPal, for example.
Also, most brokers accept bank transfers initiated from/to a bank account outside India, as long as you are the account holder.
At this point, you can either try to open a bank account outside India, or try using an online payment method and make direct bank transfers to it.

Best Regards,
FXCC Representative

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I am a forex beginnier, but i have to no idea which platform to choose.

Hi, there are lots of forex trading platforms but not all of them are suitable for beginners. They are too professional and confusing for an untrained eye. You know all those charts and indicators flashing and running in fron of your eyes…difficult to keep up with!

But there is one that a friend of mine uses and he says it works very good for him. It is specially built for beginners in online forex trading.

It’s got a so called "openbook" or forex social trading. It actaually means that it is more visual instead of technical, if it makes any sense to you.

The point is it works great for beginners and of course you can try it first. They got the $10k demo account.

Hope this helps! Oh…the link to it is below.

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Banking Unit / Broker-Dealer for sale. / Investment Funds Management, Forex & Online Payments License included / $350,000.00 (will deliver the broker dealer with proprietary trading account of $200,000 = rebate) / Swiss Banking Unit ready for IPO available… extra $250,000 / Banking software included / Trading Floor with 15 financial terminals, 30 screens = $50,000.00) / Profits in the first month / training provided for the software & trading floors (2 times 5 days of 5 hours = 50 hours). p.s. Management & Trading anywhere in the world (owner retiring) / 10% Brokers Commission !!!!!!!

Get your profits in a $5 trillion a day market!

Guaranteed buyback option at $500 000 in one year.

Tel: +1 647 930-8350

im going to buy this , is it worth it?i dont know nothing about the bussiness , thanks for your help

I don’t doubt that

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While, it’s hard to define a forex trading platform that is good. It depends on what products you are trying to trade.

If you just want to trade currency pairs, then use mt4, reliable and compatible.

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I am in the Philippines and I use my ATM card from America to get money. The Peso rate changes by the hour I guess. I always look on websites like XE and Forex to see the rate of the Peso. When I go to the ATM the rate is different and Forex might say the peso is 44 but when I check my bank acct and compare it’s always less and takes more money USD out of my account. EX: The peso is 43.7 today and my bank in the USA takes out $228 for 10,000 pesos. Another day the rate might be 44.3 and my bank takes out $231 so I want to know when the best time is to take money out from ATM.
How can I find real time currency exchange rates so I can take money out of the ATM and not spend as much of my USD Dollars. And also if the peso is say P44 on Friday when the market closes will it stay the same until the market opens again. My main question is how do I get the best rate since they change all the time?

Hi Vick,

The best idea is to check your bank’s website, as most of the banks display the daily exchange rates.
Even though you’ll see a better exchange rate online, there is a high probability that your bank’s exchange rate will be different, because each liquidity provider(bank) has their own exchange rate.

Best Regards,
FXCC Representative

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i have heard of this company "Forex" where you can invest money in currency exchange, i mean, buying currency from another countries…. does anyone have experience investing in forex or buying currency from another countries to make profit?
thanks

In everything we do, we earn money because we know how. And to learn how, you should study. more or less 95% of all new traders fail especially in the first 12 mos because they just buzz in the market without really having a no how. If you don´t have enough knowledge, it is more likely that you will lose but if you know what you’re doing and best – experienced with it, then you will most likely win! but it can never be an always win trdes but it’s nice to have a high percentage of a win over lose.

Read some magazines, online news (but beware of any scammers that only links to their affiliate sites), or watch videos from http://youtube.com (anywhere). Also, there are a lot of free demo accounts where you can try a trade exactly like a live one (but of course there are a difference between a live and a demo, and one factor is your emotions). I use these: http://exeliafx.com, http://forexvps24.com

after your demo, trial and error experience… see if you earn pips (at least 50 then you can try to go live)…

Good Luck to you.

btw, here’s a forum, great for beginners: http://forums.babypips.com/
here’s another one (so you can ask expert traders there for further queries): http://www.forexfactory.com/forum.php

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Hi I live in Pakistan. None of the banks here allow bank transfer to foreign forex brokers abroad. They say that only Customer to Customer Account wire transfer is allowed and that I cannot transfer or receive money Business to Customer or Customer to Business. Is there any way that I can transfer money and open forex trading account from which I am able to withdraw as well to my bank account?

I guess you could use one of the online electronic payment methods like Skrill also known as Moneybookers which is reachable for people from Pakistan. Bummer that PayPal doesn’t support Pakistan. You can find more here: http://www.wheretoforex.com/forex-guide/forex-payment-methods

Here is the short list of the Forex brokers that accept Moneybookers: AvaFX, LiteForex and eToro

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on meta trade platform at competitive rates

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Baby pips teaches about FOREX, not hedge funds. I need a website with ‘lessons’ like this.
www.babypips.com/school
I completely understand that you don’t "trade" hedge funds, I used babypips.com as an example because I like the way the website explains things.

You don’t trade hedge funds. You invest in them, hopefully with relatively long-term money.

Hedge funds have thousands of different strategies and investments. Did you somehow want to learn about all of them? I spent a career in hedge funds doing risk management (which means you need to learn all the strategies of your fund) and there are tons I don’t know. Pick a strategy that you want to know about – pairs trading, statistical arbitrage, convertible arbitrage, capital structure arb, global macro, etc… and start reading.

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