What’s the best site to trade Forex in ?
Please help, I have started with Demo account, It seems easy but still not sure with which site to invest
You have a demo account with which broker?
If you are small investor higher leverage brokers such as FXSOL (400:1) or InterbankFX (200:1), FXDD or Velocity4x may be for you. For a larger investor, FXCM or a big broker/dealer may be better for you.
InterbankFX also allows you to use trading robots (i.e. software programs) to trade for you.
That being said, it is best to learn technical analysis (read some good books by seasoned marketers) and study the markets using your demo account for a minimum of 2 months or longer before you begin risking cash on a real account.
As someone on this thread said, it is risky but the risk to reward ratio is much higher in FOREX because of the leverage.
I have alot of forex articles on my website that you may be interested in reading (you can download them all for free) before you risk any money in the forex market.
Remember trade with your demo account until you know your way around the market. Then prepare to make a killing.
I have put the articles link in the source below.
Best of luck in trading.
When I first started I blew out a $1000 account because I was too greedy and in a hurry to make the big bucks.
Since then I have invested a considerable amount of time learning all of the skills, watching the market and slowing down in my trading and now I am average about 20% per month.
So first and foremost, investing in yourself to gain the skills and tools you need to be successful as well as good money management are more critical than the broker you choose. (although you should pick a larger reputable broker as mentioned above)
www.huttoinvestmentgroup.com/forexarticles.asp
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