FOREX : What Is It And How Does It Work?

[mohanlate]

Re: The Forex Market - What, When and Why?

Hi,

You have to understand that with 25 K you will be able to open a MINI Trading Account and if you trade on your own i.e.using your PC and Internet, then only there won't be any broking charges.
Regards,

Sean

Hi Sean,

Thanks for the information. Can you please point me to a website when I can get more info. What is a good bank to open a trading account with etc.

Thanks,

Mohan

 

[dilsefx]

Re: The Forex Market - What, When and Why?

mohanlate,beda
You can start at cmsforex.com, where i have my a/c. if you want more info google "forex broker" and you will find numerous brokers.Unfortunately there is no broker in India , so you will have to trade with some overseas broker only.to know more browse thro my thread .
http://www.traderji.com/forex/8910-dream-journey-200-20000-a.html
Happy trading

 

[amarnath]

Re: The Forex Market - What, When and Why?

Hi all,

To all forex newbies i recommend not to caught in trap with undercapitalised account to trade forex like with 25k Rs just stay away if you dont have 3 to 4k $ to trade a mini with single lot and i have no aruguments with forex gamblers who says one can trade and build account with 25k Rs. Good lucks Good trading to all

 

[mohanlate]

Re: The Forex Market - What, When and Why?

Thanks dilse and amarnath for your help.

 

[beginner_av]

Re: The Forex Market - What, When and Why?

dear tatrader,

correct me if i am wrong...time and again central banks have intervened in the currency markets to teach speculators a lesson....so how come u say that they are absolutely free?