Forex Questions

Jessica J asked:


Please no scams for fake programs, just real legit information that can be accessed through the internet.

nick313 asked:


is there a better currency trading platform then fxcm and why is it better ???

joebann68 asked:


Does anyone know in order to move the forex market 1 pip, (say on EURUSD with a retail broker), how much volume would need to go in at a specific price point?

To contrast with the stock market, if we look at a thinly traded stock, buying a few hundred shares may be enough to move the stock up a penny.

How does it work with forex?

facility333 asked:


I wired $10,000 US to a currency trader and some weeks later I received a computer print-out that stated that all the funds were lost in trading (except $300.00 US).

I believe that I have been duped.

coco122 asked:


This coming fall, I will be going to college in America. I’m not a U.S. citizen/resident, and so I’d have to go with an F-1 student visa, meaning I can hardly work there. But I was wondering if I was allowed to trade in Forex or invest in stocks while I’m there.. Is it legal? Because I mean, Forex is technically working internationally.. Please help! I’d appreciate sources.

tjcsonofallnations asked:


Let’s assume that you use a limit order on both trades of 5 pips. Once one closes you wait for the other to go closer to 0 then reenter the trade. Again set 2 limit orders for 5 pips each. Once this one goes off you will have 10 pips and 1 negative trade left open. At some point you can subtract your closed trades from your open negative trade for a profit. As long as the two currency pairs move in opposite directions you will make money, right?

daffodilks asked:


I have received some good answers on here about avoiding penny stocks. One suggested I go with trading in the Forex. How much money can I make on a $1,000 dollar trade for one day? Thanks everyone for your help!

bisnis546 asked:


I made many errors in my forex trading,losing thousands dollar and almost frustated.But i will not give up,except you suggest otherwise

John D asked:


hello agian i know i ask about this, but i just been practicing for play money on there and i spoke with the people and they say thats excactly how it works , you buy and sell when they tell you or better yet guide you with the arrows IS THAT REALLY HOW IT WORKS ! please someone who really knows , i need some F$$IN MONEY$$$ FAST !!!! BUT I DONT WANTA GET SUCKERD ! THANKX AGIAN !

richel asked:


I am from asia . I have opened up a accont at forex.com now I want to know which is the best way for me to deposit money in the account . so that I can deposit as wellas withdraw my money without any problem ?
credit card ?
wire transfer ?
or open up a bank account in usa and then transfer funds ?

the 3rd option was suggested by one of the friend , plz help me i m confused