Forex 4 money

Now, you are aware of the financial market, commodities, indices, etc. The time has come to open a forex account to invest money and start trading to make profits.

Huge forex bonuses

4 ways to make money through forex trading, forex 4 money.

The veteran traders can begin with a real-money account if they are abreast of new financial rules and trends. Let’s understand the leverage with this example. You have £100 with no leverage, so if the price moves just 3%, then you will make a £3 profit over this currency. On the other hand, if you have procured leverage services, you will open with a value of £5,000. Here, a 3% move ‘in your favor’ will get you £150.

4 ways to make money through forex trading

The forex market size is almost $1.93 quadrillion, which means the market is 2.5X larger than the global GDP.

Nearly 5.3 trillion dollars are traded every day in the forex market. It shows the enormous amount traded on this market to make money. But is it for real or just a fad?

Forex trading is seen as a real currency generator if you are a skilled currency trader. However, if there is excessive leverage in the forex market, then it can lead to losses. Traders need to have the right market strategy to gain an edge over the forex market.

Placing a trade in this market is quite simple, and the financial mechanics found are similar to that of the stock market. People who possess good experience in trading will pick the trading quite quickly. Go through these important ways to know how you can make a good amount through forex trading.

Make money through right trading strategies

You can be a veteran trader or a beginner, just starting with trading. But, be abreast with the right forex trading ways. It is not sensible to put your money at stake without studying the forex market. Now, let’s see a few ways to make money through forex trading.

Study the currency pair-up

You must pick a base currency or a home currency when you get a chance to register as a forex broker. After depositing the amount in your account, you can either choose your home currency or opt for the worldwide currencies. Like, if you possess a US dollar trading account. Here, you can trade the string currencies like euro and UK pound as well. The present-day forex trading does not restrict the currency pairing up for the traders.

Keep an eye on the financial market

The investors, forex traders, organizations, and government agencies transact in the open market to meet their financial needs. Many corporate users might change their currency pairing, watching the rise in other currencies. When you investin the forex market, you need to keep an eye on rising and falling prices. Choose an optimal price before exiting from the financial market.

You must be aware of different financial markets and instruments like indices, commodities, and shares. Learn about the varied types of catalyst approach and market analysis to master the fiancés move in your country’s financial market.

Take broker’s leverage services

A few brokers provide leverage like 1:30, 1:50, 1:100, and it moves accordingly. The leverage may not help you make that much money, but it helps boost profit if used wisely. This technique helps even small forex traders to make money with a nominal amount.

Let’s understand the leverage with this example. You have £100 with no leverage, so if the price moves just 3%, then you will make a £3 profit over this currency. On the other hand, if you have procured leverage services, you will open with a value of £5,000. Here, a 3% move ‘in your favor’ will get you £150.

One thing worth noting here is that you may increase your profits when you use leverage or margin trading but can lose money too. So, choose wisely or opt for it for lesser time.

Go for demo account first

Now, you are aware of the financial market, commodities, indices, etc. The time has come to open a forex account to invest money and start trading to make profits. The veteran traders can begin with a real-money account if they are abreast of new financial rules and trends.

However, beginners must opt for the demo account first. Reputable forex brokers in the united kingdom offer both demo and real-money accounts. But, beginners must start trading with paper money. The market scenario is similar to a real-money account. The prices will be close to real-money accounts.

With a demo account, you will access educational material and forecasts rendered to real-money account traders. You must only switch to a real-money account from the demo account when you feel you are ready. The reason being it involves real capital.

Conclusion

Forex market is not a cakewalk but includes many strategies to understand the performance of the financial market. You cannot invest your hard-earned money landing in losses. The beginners must take the services from reputed brokers.

It will help them learn the fundamental and technical aspects of forex trading. You must get access to the broker who provides enough material and forecasts. It is better to learn on the demo account rather than risking your real money. These are a few ways to make money through forex, but you can hire a good broker to get insightful details.

Forex4money review – is it a scam or legit broker (2021)

In this forex4money review, we are going to take a look at the offer that this broker prepared for its traders. Forex4money operates on the financial market since 1995. When it comes to trading platforms, the broker features webtrader. The forex4money minimum deposit is 100 USD.

Between 74-89% of retail investor accounts lose money when trading cfds. You should consider whether you can afford to take the high risk of losing your money.

Basic information from this forex4money review

website address:	forex4money.Com
operated by:	forex internatinal gain ltd.
Licensed and authorised by regulatory bodies:	VFSC
supported languages:	english
customer support available via:	E-mail, phone, live-chat
contact details:	[email protected], +1 727 451 9982
available deposit methods:	VISA, mastercard, american express, JCB, payment asia, paypal
available withdrawal methods:	VISA, mastercard, american express, JCB, payment asia, paypal
minimum deposit:	100 USD
min. Trade in lots:	0.01
spreads:	typical spread on the currency pair EUR/USD - 4,0 pips * on standard account type
tradable assets:

Forex4money fees (typical spreads)

We have scanned fees (typical spreads) that forex4money charges when trading popular currency pairs, here is their breakdown in pips.

*typical spreads were recorded on 17.01.2020 at 21:27 for the standard account. Forex4money spreads in the table above serve as illustrative examples only as they for instance, may change according to the market conditions.

Random reviews of competing FX & CFD brokers: JAFX, forexprince, fxbrew and imttrade

Frequently asked questions

�� is forex4money a scam?

In accordance with our research, forex4money is a broker licensed and regulated by the VFSC. While it is a good thing that the broker is regulated, the VFSC regulatory agency is in comparison to 1st tier regulatory bodies like the cysec one of the weaker regulatory authorities when it comes to investor protection. In order to be sure that forex4money is not a scam, read our trader reviews and check other popular trading related websites and forums.

�� what is the forex4money minimum deposit?

In order to start trading with forex4money, you have to deposit at least 100 USD.

�� what deposit and withdrawal methods forex4money supports?

We don’t have our own personal experience with forex4money. However, the broker is regulated by the VFSC which does not provide as strong protection to traders as 1st tier regulatory bodies (like the british financial conduct authority). Considering that there are hundreds of brokers with stronger regulation and quite highly possibly with better trading conditions too, it makes little to no sense to trade with forex4money.

Should you be looking for a highly reliable broker featuring forex trading and cfds, you can get your hands on our marketing broker IQ option – 85% of retail CFD accounts lose money , which is a cysec regulated company that allows trading from as little as $10 and charges highly competitive fees on all assets.

Cfds are complex instruments and come with a high risk of losing money rapidly due to leverage.

Between 74-89% of retail investor accounts lose money when trading cfds. You should consider whether you can afford to take the high risk of losing your money.

¹ variable spreads, spreads recorded for the EUR/USD on 05.10.2020 at 11:42 GMT.

Tradingbeasts helps individual traders learn how to responsibly trade binary options and cfds. We actively trade, publish educational articles and news. We verify and compare brokerage companies and warn our readers about suspicious projects or scam marketing campaigns. We are also a community of traders that support each other on our daily trading journey.

Disclaimer/disclosure

All information on this website represent subjective views of the authors and they are solely informational. We do not give investment advice. The operator of the website or the authors of the articles do not bear any responsibility for any decisions that visitors may make after reading articles published on the tradingbeasts website. When you trade binary options or cfds products you are exposed to a high risk of loss. We review and rate companies offering trading platforms for binary options and cfds. We do our best to warn people about scams and promote only companies we personally consider to be very good. From some of these companies, we may receive compensation. In order for you to use this website in any manner, please read our disclaimer/disclosure page and privacy policy

Forex4money review – is forex4money.Com scam or good forex broker?

RECOMMENDED FOREX BROKERS

Trading accounts and conditions

Account type	minimum deposit	minimum trade size	maximum leverage	average spreads
mini	$100	0.01 lot	1:400	4 pips
standard	$2000	0.01 lot	1:400	3 pips
premium	$5000	0.01 lot	1:400	2 pips

Forex4money has three types of live trading accounts, plus a swap-free islamic account. There is also a demo account for testing purposes. Strangely, the demo account does not come with free virtual money and in practice the tradig platform cannot be properly tested.

The broker's tradable asset portfolio includes forex, cfds on commodities, indices and stocks and binary options.

The company. Security of funds

Company	country	regulation
forex international gain ltd	vanuatu	VFSC

Forex4money is owned by the company forex international gain ltd – registered in the offshore zone vanuatu and regulated by the local vanuatu financial services commission (VFSC).

We have always maintained that dealing with offshore brokers could be riskier – some of them are nothing but a scam whose only purpose is to take its clients' money and disappear. Naturally, not all of them are this, but overall the offshore regulators do not provide very robust oversight and do not have very strict requirements, thus providing lower level of client protection.

Generally, it is advisable that traders choose properly regulated forex brokers, preferably by UK's FCA or the australian securities and investment commission (ASIC). Both watchdogs are known for their strict requirements and tight oversight.

Trading platform

Forex4money offers its own web-based trading platform. It appears to be very basic, with only a few options. The price charts and the economic calendar are provided by investing.Com.

Promotions

Forex4money offers promotions such as welcome bonus and several types of cashback and rebate bonuses. They are subject to additional terms and conditions.

Methods of payment

Forex4money accepts payments through credit and debit cards and the online payment systems paypal, asia pay and paydollar.

Conclusion

Judging by the default settings and the user comments, forex4money is mostly targeting the indian clients. We are not sure what the legal requirements for offering forex trading services in india, but we must nevertheless note once more that the broker is offshore. Besides, its trading conditions are not particularly remarkable, with the spreads being wider than the industry average. The trading platform does not appear to be very useful either.

Pros	cons
offshore
wide spreads
basic platform

Latest news about forex4money

XM is broker with great bonuses and promotions. Currently we are loving its $30 no deposit bonus and deposit bonus up to $5000. Add to this the fact that it’s EU-regulated and there’s nothing more you can ask for.

FXCM is one of the biggest forex brokers in the world, licensed and regulated on four continents. FXCM wins our admirations with its over 200,000 active live accounts and daily trading volumes of over $10 billion.

Fxpro is a broker we are particularly keen on: it’s regulated in the UK, offers metatrader 4 (MT4) and ctrader – where the spreads start at 0 pips, level II pricing and full market depth. And the best part? With fxpro you get negative balance protection.

FBS is a broker with cool marketing and promotions. It runs an loyalty program, offers a $100 no-deposit bonus for all new clients outside EU willing to try out its services, and an FBS mastercard is also available for faster deposits and withdrawals.

Fxchoice is a IFSC regulated forex broker, serving clients from all over the world. It offers premium trading conditions, including high leverage, low spreads and no hedging, scalping and FIFO restrictions.

Hotforex is a EU regulated broker, offering wide variety of trading accounts, including auto, social and zero spread accounts. The minimum intial deposit for a micro account is only $50 and is combined with 1000:1 leverage - one of the highest in the industry.

Broker	country	regulation	platform	min deposit	review
	cyprus, SVG	cysec	MT5, web, ctrader	$100	review website
	australia, cyprus	ASIC, cysec	MT4, MT5, iress	$100	review website
	cyprus,belize, australia	cysec, IFSC, ASIC	MT4, MT5	$5	review website
	UK, australia, south africa	FCA, ASIC, FSCA, cysec	MT4, trading station, ninjatrader	$50	review website
	UK, cyprus, UAE, south africa	FCA, cysec, DFSA, FSB	MT4, MT5, fxpro markets, ctrader	$100	review website
	cyprus	cysec	MT4, MT5, web	$1	review website
	belize	IFSC	MT4, MT5	$100	review website
	cyprus, UK, south africa, UAE	cysec, FCA, FSCA, DFSA	MT4, MT5, web	$5	review website
	hong kong	SFC	marketspeed FX, trading station	$1	review

Traders` reviews for forex4money

Spread

Slippage

Requotes

Price feed

Platform

Deposit/withdraw

Customer service

Summary

Forfeture of high amount as exchange charge

I have got my first withdrawal of 150$. But i have received only rs.10,000/- for 150$. I want to know the criteria for the transferring of dollar to indian rupees. Expecting an early reply

Update on comment of chandra shkhar borse

We give training and candle stick everything but if you ask me to give to all details in 1 days which not posible because of lot client we and we have to take care of all client and about withdrawal we have process for withdrawal need to submit the document and after verifying the document we will process the withdrawal for first withdrawal will take 5 to 7 working days and form 2nd withdrawal 2 to 3 working days also depend on the country to country.

For any details you can send mail on [email protected] or if you are putting review so put the your trading account number so we can check the details.

Also we have request with all trader dont trust on fake reviews and dont contact with with one if they given your number is revives because ask to trad with there broker.

Fraud company

They don't know the knowledge of forex.They don't
know single knowledge about candle stick.They are
not giving any withdrawal.Its scam.Pls beware of this
company.Fraud.Fraud company.

Update on comment of savitri

Thank you for the update about our service as we have monitor your account and analysis all deal of your account,
as we have found you have close maximum deal manually in loss our stop los not reached.
And you have taken maximum deal in XAUUSD ( gold) doing trading in gold for making profit, we should do the trading with higher amount like 5000 dollar for better profit as everyone know XAUUSD market is high volatile market .
If you follow our team guide line then here our profit % is approx 80 to 90%.
And here we suggest to client to make target for profit per day 1 to 3% on the investment but you are taking risk so in that we are help less
as this is forex trading market so we have to keep some patience also the balance to hold the deal .
If you are taking high risk on your balance then no can give the profit in this market .

Hope this help everyone do the trading

Forex4money is a fraud company

I would warn everyone not to investvwith this company. Sonua wpuld help u to create an account and then account manager ankita will take over. She is good for nothing.
She convinced me to invest $2000. I did and i lost all amount. Then she said invest $500 usd to recover the loss. I did the same. I lost that $500 too

Forex4money is fraud

Hi I'm invested 2lakh in this company it is your

Training pending

I have I deposited money my training is still pending when my will start

Withdrawals are not being processed

If the forex4money team is so humble and true with their clients i believe rather than calling your customers the traders fraud and liers i believe you must look into what you yteam is doing wrong and forcing us to write a review. I believe without the customers you cannot run the company. Please revert with a clear explanation as why you are not being able to provide proper withdrawals on time and why our calls, mails and messages are not responded.
Thank you

Forex4money fraud choor money looting firm

As per my opinion forex4money choor hai salley sab bhenchod hain. Bhttt mushkil sey paise earn krke lagaye but ye nii dete hain earn krne saaley sab choor hain
avinash singh choor hai bhenchod
andrew salla manager salla chutiya manager
sonia jain . Ye phone pick krne ke liye rakhi hai
mera naam to padh chuke ho. Call or whatsapp me at 96222490322 i willgive you authentic proofs of these mother f*ckers

Fake review and manipulation for client.

Our company has come to know about the scammers who are indulging in giving false feedback and they also give their numbers. And as a result when you contact them they will provoke you to join their company. And you also lose your amount while investing in that.

Therefore, don’t trust any such person as the company has a good reputation and the company is giving its service to all the people since one year. And have gained much respect and trust of the people.
We hope you can understand this.

F4m is very big cyber criminal company

This forex4money team is very big cyber criminal and they do not show their location in mumbai they are hiding from everybody because they are cheater people, if they are good company then why are hiding their location and why they change their contact numbers always.
They do not receive phone calls and reply on email when you ask for withdrawal of money, the deposit of money is very easy and fast bust withdrawal is not so easy and fast actually they do not want to give you your money because this forex4money company is fraud and lier and cheater company.
They are making fool to people by telling lie all information provided by them are farji informations and do not trust them all are cheaters and liers and fraud men.
I am taking leagal action against these fraud people akshay singh ( jitendra singh is his real name) , rahul jain. Chaitaali, soniya farnandis and anita etc.. Are are running fraud investment company. I will not leave anybody they cheated me by 6 lacs rupees.

My experience is very very bad with this fraud forex broker.

If anybody want to recover money from this fraud company you can contact me on my mobile/whatsapp number 9131195737 my name is ashutosh sharma
i can not leave these fraud men if i will leave them my next generation will not forgive me.

How to add funds to metatrader 4?

A lot of beginner traders ask a trivial question, how to put money on metatrader 4. The most important fact is that each trader needs to have a broker. When you have access to the broker’s client area, all deposits, withdrawals, settings, and leverage can be set in the broker’s platform.

How to deposit money into metatrader 4?

The trader can add money to the metatrader 4 platform if logged into the broker’s members area, pick the deposit method, insert the deposit amount, and create the transaction. Money can not be added directly to the MT4 platform because the broker adds funds to your live account. All trades, deposits, and withdrawals trader manage using the online broker’s client area.

To deposit into matatrader account:

Go to the ‘finance/deposit’ tab and click ‘deposit. ‘

Choose the preferred online payment system.

Let us see an example of how to add funds to metatrader 4 or transfer funds using hotforex broker:

This is a list of payment options (deposit and withdrawal) for hotforex broker:

Deposit and withdrawal options	max. Deposit amount	min. Deposit amount	deposit time
wire transfers	unlimited	$100	funds sent by wire transfer usually take between 2-7 working days to be credited to your account.
Credit card union pay	$8,000	$50	up to 24 hours
maestro card	$10,000	$5	up to 10 minutes
mastercard	$7.500 per transaction	$5	up to 10 minutes
visa	$10,000	$5	up to 10 minutes
visa electron	$10,000	$5	up to 10 minutes
bitcoin cash	$10,000	$5	up to 10 minutes (if bitcoin transaction is confirmed in the network)
bitcoin BTC	$10,000	$5	up to 10 minutes (if bitcoin transaction is confirmed in the network)
bitcoin by skrill	$500	$5	up to 10 minutes (if bitcoin transaction is confirmed in the network)
crypto payments	$10,000	$100	up to 10 minutes (if transaction is confirmed in the network)
fastpay	$5,000	$5	instant
neteller	$50,000	$5	instant
skrill	$10,000	$5	instant
vload	depends on your vload tier	$10	up to 10 minutes
webmoney	$50,000	$5	instant

So, without a broker, trade can not put money on metatrader 4.

How to add money to the MT4 demo account?
To add money to the MT4 demo account, you need to log in to your broker’s area, go to ‘my accounts’, click on the demo account heading, pick wished balance, and select ‘add funds.’ however, some brokers do not allow demo account refilling, and maybe you will need to open a new demo account.

See an example of how you can add money to the fxpro MT4 demo account below:

How to withdraw money from metatrader 4?
To withdraw money from your MT4 account, please log in to the broker’s client area, go to the “accounts” section, select the withdrawal option. Select the withdrawal method (bank wire, skrill, paypal, credit card, etc.) from the drop-down list of available withdrawal methods and choose the withdrawal amount.

Forex trading: A beginner's guide

Forex is a portmanteau of foreign currency and exchange. Foreign exchange is the process of changing one currency into another currency for a variety of reasons, usually for commerce, trading, or tourism. According to a recent triennial report from the bank for international settlements (a global bank for national central banks), the average was more than $5.1 trillion in daily forex trading volume.

Key takeaways

The foreign exchange (also known as FX or forex) market is a global marketplace for exchanging national currencies against one another.

Because of the worldwide reach of trade, commerce, and finance, forex markets tend to be the largest and most liquid asset markets in the world.

Currencies trade against each other as exchange rate pairs. For example, EUR/USD.

Forex markets exist as spot (cash) markets as well as derivatives markets offering forwards, futures, options, and currency swaps.

Market participants use forex to hedge against international currency and interest rate risk, to speculate on geopolitical events, and to diversify portfolios, among several other reasons.

What is the forex market?

The foreign exchange market is where currencies are traded. Currencies are important to most people around the world, whether they realize it or not, because currencies need to be exchanged in order to conduct foreign trade and business. If you are living in the U.S. And want to buy cheese from france, either you or the company that you buy the cheese from has to pay the french for the cheese in euros (EUR). This means that the U.S. Importer would have to exchange the equivalent value of U.S. Dollars (USD) into euros. The same goes for traveling. A french tourist in egypt can't pay in euros to see the pyramids because it's not the locally accepted currency. As such, the tourist has to exchange the euros for the local currency, in this case the egyptian pound, at the current exchange rate.

One unique aspect of this international market is that there is no central marketplace for foreign exchange. Rather, currency trading is conducted electronically over-the-counter (OTC), which means that all transactions occur via computer networks between traders around the world, rather than on one centralized exchange. The market is open 24 hours a day, five and a half days a week, and currencies are traded worldwide in the major financial centers of london, new york, tokyo, zurich, frankfurt, hong kong, singapore, paris and sydney—across almost every time zone. This means that when the trading day in the U.S. Ends, the forex market begins anew in tokyo and hong kong. As such, the forex market can be extremely active any time of the day, with price quotes changing constantly.

A brief history of forex

Unlike stock markets, which can trace their roots back centuries, the forex market as we understand it today is a truly new market. Of course, in its most basic sense—that of people converting one currency to another for financial advantage—forex has been around since nations began minting currencies. But the modern forex markets are a modern invention. After the accord at bretton woods in 1971, more major currencies were allowed to float freely against one another. The values of individual currencies vary, which has given rise to the need for foreign exchange services and trading.

Commercial and investment banks conduct most of the trading in the forex markets on behalf of their clients, but there are also speculative opportunities for trading one currency against another for professional and individual investors.

Spot market and the forwards & futures markets

There are actually three ways that institutions, corporations and individuals trade forex: the spot market, the forwards market, and the futures market. Forex trading in the spot market has always been the largest market because it is the "underlying" real asset that the forwards and futures markets are based on. In the past, the futures market was the most popular venue for traders because it was available to individual investors for a longer period of time. However, with the advent of electronic trading and numerous forex brokers, the spot market has witnessed a huge surge in activity and now surpasses the futures market as the preferred trading market for individual investors and speculators. When people refer to the forex market, they usually are referring to the spot market. The forwards and futures markets tend to be more popular with companies that need to hedge their foreign exchange risks out to a specific date in the future.

More specifically, the spot market is where currencies are bought and sold according to the current price. That price, determined by supply and demand, is a reflection of many things, including current interest rates, economic performance, sentiment towards ongoing political situations (both locally and internationally), as well as the perception of the future performance of one currency against another. When a deal is finalized, this is known as a "spot deal." it is a bilateral transaction by which one party delivers an agreed-upon currency amount to the counter party and receives a specified amount of another currency at the agreed-upon exchange rate value. After a position is closed, the settlement is in cash. Although the spot market is commonly known as one that deals with transactions in the present (rather than the future), these trades actually take two days for settlement.

Unlike the spot market, the forwards and futures markets do not trade actual currencies. Instead they deal in contracts that represent claims to a certain currency type, a specific price per unit and a future date for settlement.

In the forwards market, contracts are bought and sold OTC between two parties, who determine the terms of the agreement between themselves.

In the futures market, futures contracts are bought and sold based upon a standard size and settlement date on public commodities markets, such as the chicago mercantile exchange. In the U.S., the national futures association regulates the futures market. Futures contracts have specific details, including the number of units being traded, delivery and settlement dates, and minimum price increments that cannot be customized. The exchange acts as a counterpart to the trader, providing clearance and settlement.

Both types of contracts are binding and are typically settled for cash at the exchange in question upon expiry, although contracts can also be bought and sold before they expire. The forwards and futures markets can offer protection against risk when trading currencies. Usually, big international corporations use these markets in order to hedge against future exchange rate fluctuations, but speculators take part in these markets as well.

Note that you'll often see the terms: FX, forex, foreign-exchange market, and currency market. These terms are synonymous and all refer to the forex market.

Forex for hedging

Companies doing business in foreign countries are at risk due to fluctuations in currency values when they buy or sell goods and services outside of their domestic market. Foreign exchange markets provide a way to hedge currency risk by fixing a rate at which the transaction will be completed.

To accomplish this, a trader can buy or sell currencies in the forward or swap markets in advance, which locks in an exchange rate. For example, imagine that a company plans to sell U.S.-made blenders in europe when the exchange rate between the euro and the dollar (EUR/USD) is €1 to $1 at parity.

The blender costs $100 to manufacture, and the U.S. Firm plans to sell it for €150—which is competitive with other blenders that were made in europe. If this plan is successful, the company will make $50 in profit because the EUR/USD exchange rate is even. Unfortunately, the USD begins to rise in value versus the euro until the EUR/USD exchange rate is 0.80, which means it now costs $0.80 to buy €1.00.

The problem the company faces is that while it still costs $100 to make the blender, the company can only sell the product at the competitive price of €150, which when translated back into dollars is only $120 (€150 X 0.80 = $120). A stronger dollar resulted in a much smaller profit than expected.

The blender company could have reduced this risk by shorting the euro and buying the USD when they were at parity. That way, if the dollar rose in value, the profits from the trade would offset the reduced profit from the sale of blenders. If the USD fell in value, the more favorable exchange rate will increase the profit from the sale of blenders, which offsets the losses in the trade.

Hedging of this kind can be done in the currency futures market. The advantage for the trader is that futures contracts are standardized and cleared by a central authority. However, currency futures may be less liquid than the forward markets, which are decentralized and exist within the interbank system throughout the world.

Forex for speculation

Factors like interest rates, trade flows, tourism, economic strength, and geopolitical risk affect supply and demand for currencies, which creates daily volatility in the forex markets. An opportunity exists to profit from changes that may increase or reduce one currency's value compared to another. A forecast that one currency will weaken is essentially the same as assuming that the other currency in the pair will strengthen because currencies are traded as pairs.

Imagine a trader who expects interest rates to rise in the U.S. Compared to australia while the exchange rate between the two currencies (AUD/USD) is 0.71 (it takes $0.71 USD to buy $1.00 AUD). The trader believes higher interest rates in the U.S. Will increase demand for USD, and therefore the AUD/USD exchange rate will fall because it will require fewer, stronger USD to buy an AUD.

Assume that the trader is correct and interest rates rise, which decreases the AUD/USD exchange rate to 0.50. This means that it requires $0.50 USD to buy $1.00 AUD. If the investor had shorted the AUD and went long the USD, he or she would have profited from the change in value.

Currency as an asset class

There are two distinct features to currencies as an asset class:

You can earn the interest rate differential between two currencies.

You can profit from changes in the exchange rate.

An investor can profit from the difference between two interest rates in two different economies by buying the currency with the higher interest rate and shorting the currency with the lower interest rate. Prior to the 2008 financial crisis, it was very common to short the japanese yen (JPY) and buy british pounds (GBP) because the interest rate differential was very large. This strategy is sometimes referred to as a "carry trade."

Why we can trade currencies

Currency trading was very difficult for individual investors prior to the internet. Most currency traders were large multinational corporations, hedge funds or high-net-worth individuals because forex trading required a lot of capital. With help from the internet, a retail market aimed at individual traders has emerged, providing easy access to the foreign exchange markets, either through the banks themselves or brokers making a secondary market. Most online brokers or dealers offer very high leverage to individual traders who can control a large trade with a small account balance.

Forex trading: A beginner’s guide

Forex trading risks

Trading currencies can be risky and complex. The interbank market has varying degrees of regulation, and forex instruments are not standardized. In some parts of the world, forex trading is almost completely unregulated.

The interbank market is made up of banks trading with each other around the world. The banks themselves have to determine and accept sovereign risk and credit risk, and they have established internal processes to keep themselves as safe as possible. Regulations like this are industry-imposed for the protection of each participating bank.

Since the market is made by each of the participating banks providing offers and bids for a particular currency, the market pricing mechanism is based on supply and demand. Because there are such large trade flows within the system, it is difficult for rogue traders to influence the price of a currency. This system helps create transparency in the market for investors with access to interbank dealing.

Most small retail traders trade with relatively small and semi-unregulated forex brokers/dealers, which can (and sometimes do) re-quote prices and even trade against their own customers. Depending on where the dealer exists, there may be some government and industry regulation, but those safeguards are inconsistent around the globe.

Most retail investors should spend time investigating a forex dealer to find out whether it is regulated in the U.S. Or the U.K. (dealers in the U.S. And U.K. Have more oversight) or in a country with lax rules and oversight. It is also a good idea to find out what kind of account protections are available in case of a market crisis, or if a dealer becomes insolvent.

Pros and challenges of trading forex

Pro: the forex markets are the largest in terms of daily trading volume in the world and therefore offer the most liquidity. this makes it easy to enter and exit a position in any of the major currencies within a fraction of a second for a small spread in most market conditions.

Challenge: banks, brokers, and dealers in the forex markets allow a high amount of leverage, which means that traders can control large positions with relatively little money of their own. Leverage in the range of 100:1 is a high ratio but not uncommon in forex. A trader must understand the use of leverage and the risks that leverage introduces in an account. Extreme amounts of leverage have led to many dealers becoming insolvent unexpectedly.

Pro: the forex market is traded 24 hours a day, five days a week—starting each day in australia and ending in new york. The major centers are sydney, hong kong, singapore, tokyo, frankfurt, paris, london, and new york.

Challenge: trading currencies productively requires an understanding of economic fundamentals and indicators. A currency trader needs to have a big-picture understanding of the economies of the various countries and their inter-connectedness to grasp the fundamentals that drive currency values.

The bottom line

For traders—especially those with limited funds—day trading or swing trading in small amounts is easier in the forex market than other markets. For those with longer-term horizons and larger funds, long-term fundamentals-based trading or a carry trade can be profitable. A focus on understanding the macroeconomic fundamentals driving currency values and experience with technical analysis may help new forex traders to become more profitable.

Forex 4 money

What do traders say about forex4money ?

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What do regulators say about forex4money ?

This is the most important thing you need to know about a broker before using it. Is forex4money regulated ? Is it an offshore company ?

Most brokers are unregulated or regulated by an offshore regulation authority which won’t help you in case of problem. Keep in mind that if a broker steal your funds, you won’t be able to complaint about it unless they are licensed by a serious regulator such as the cysec (cyprus securities and exchange commission).

An unregulated broker is clearly not authorized to operate in any regulated country and you should definitely not put any money into it.

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How to make money trading forex online

Chances are at one time or another, you’ve been asked by well-meaning friends to join the train of online forex traders. Or your interest has been piqued by the business and you’ve been told by numerous online sources that the best way to make money is trading forex online. Either way, it’s always important to understand the pros and cons of any venture you wish to embark on. Best believe it, it is not always bright and shiny in the online forex trading world.

Pros

It is easy to trade in online markets

You have access to a great amount of leverage making it easier for small retail traders to start their journey even with little capital

Con

Are the stories real? Can you make A living trading forex?

The internet today is rife with numerous forex trading victories. Are they just another cheap PR to get unsuspecting victims to embark on forex trading? The truth is there have been plenty of genuine forex trading success stories. But it all depends on you. How willing are you to work? How ready are you to learn the process?

Professional forex trader ezekiel chew has put down some seven noteworthy ways to become an excellent forex trader, beat the majority, and scale to impressive heights.

1. Learn the trade before you trade

Despite how exciting the process of trading may seem, it is always better you look, or in this case study, before you leap. That’s right. The better part of your excitement should be spent learning the art of trading.

Any tom, dick, and harry can open an account and start trading, but it takes so much more to make the money you dream of. Not to mention the tendency to be easily frustrated and to incur huge amounts of debt when you do not understand the process well.

How can you learn? A proper forex trading course is the best place to start your journey towards a successful forex trading path. They’ll teach you all the rudiments of trading independently and provide you with ample knowledge of trading strategies for the long run. You’re also sure to get follow on support when you embark on trading.

Make sure to be wary of scammers who promise quick success in a short period. A simple hack is that a good trading school will never promise such. They’ll only promise to teach you everything you need to know to trade effectively.

2. Set up A demo trading account

If you want to practice the trading process and get accustomed to the nitty-gritty involved, a demo account is an answer to your prayers. It enables you to practice forex trading on a “demo” capital, which is not real capital. This is because a demo account does not require capital to function.

Some of the perks are it helps you to get used to the trading interface and the process of placing orders on dummy trades. So when you do eventually start really trading, your boat would be smooth-sailing. A demo trading account provision is available on several trading platforms.

3. Beginning A piecemeal at A time

Trust us, you do not want to throw in a large amount of money at the initial stage of your trading quest. For one thing, a lot is at stake when you do, plus the emotional upheaval this may cause.

As a newbie, it’s best you start trading with a small amount of money and in the process, master the skill. You'll also have a lesser tendency to risk your account in the process. Leverage and margin also give you the ability to start really small. A good trading school will teach you all you need to know about leverage and margin.

4. Do not feel overwhelmed; price action is all that matters

Do not fall into the bandwagon of nouveau traders who clutter their chart with so many indices. Best believe it, at the end of the day, price action trading is all that matters. This cluttering of your chart also diverts your attention from what matters in the grand scheme of things, and you’re often rendered immobile from the numerous factors to consider.

And of a truth, technical analysis is not hard to decipher. It’s all about buying at very low prices and selling at a high price. The same way a trader would want to purchase goods in a store or from a manufacturer at low prices and sell to customers at a high price.

You will find that a good number of institutional traders do not care to crowd their charts with several indicators. They simply analyze prize levels and make a decision either to buy or sell within these prize ranges.

5. Find A forex trading strategy that works

We like to think that several indicators on a chart are like several stick-it notes on a refrigerator. You most likely placed them there to remind you of important things. But because they are many, they end up confusing and even frustrating you.

A good forex trading strategy that works need not be complicated. What is important is that it gives you an edge in the market. Look at trading in the long run. When your wins are more than your losses, you will be profitable. Finding the right forex trading strategy that is time tested through a series of successful backtesting is highly important.

Start off by mastering one strategy in a single pair. Swing trading strategies are one of them. Only move on to the next pair or strategy when you are profitable in a series of three sets of 20 trades. This way, you have a clear idea on whether or not you are profitable when compared to someone who is trading a range of different strategies and various pairs.

6. Trade within your limit

It is important to remember that a lot could go wrong with any trade at any given time. Do not be tempted to trade outside your accepted risk exposure in a week. Especially as a new trader, you could easily bankrupt your account in a short time when you trade above your limit.

Another advice is to count your losses and never keep a trade beyond the loss of its value. If chances allow, you ought to move to protective stop loss to decrease your losses. You also want to go the extra mile of protecting your profits by taking profits at strong levels.

One more thing: you should make use of trailing stops to protect winnings and at the same time creating an avenue for it to grow.

7. Keep track of your trading journey

There’s a reason why companies hire firms to audit their account. While your forex trading may not be the same as a company, they are both business ventures with the aim of making a profit. This way, you can determine how your trading has been going within a period of time. Your losses too should be accurately accounted for.

Keeping a record also serves as a practical lesson. Trading is essentially a lot of learning and a little doing. How fast you learn from your mistakes and apply your newfound knowledge will go a long way in projecting your profits and boosting your morale.

We understand that the art of forex trading can prove to be an emotional rollercoaster especially for the newly indoctrinated. However, it is important to take any losses with a grain of salt, for it is a part of the whole process of trading. Sometimes you win, other times you lose. What is important, however, is that you learn from your losses and wins too.

One strategy is to always make plans and be deliberate about those plans. Try to map out a clear cut pattern to attain any goal you set. Diligence and experience are what make a successful forex trader. And a right attitude to loss is what makes it a learning experience.

Some of the things you could include in your record taking include:

The date the trade was made

Screenshot of the chart of every trade

Explanation of where the trade was taken and reasons for the execution

Write out your performance in the trade

Write out how your performance makes you feel.

Creating a word document can help with all this.

What is forex trading and is it right for me?

There are very few investors who have consistently made massive fortunes over a while. Jim simmons, a quiet recluse, has been successful with smaller frequent trades in his medallion fund. On the opposite end of the spectrum is the brash george soros, who publicly “broke the bank of england” and made billions in a single forex trade on black wednesday.

Soros had been building a substantial short position in pounds sterling for months leading up to september 1992. He knew the rate at which the united kingdom was brought into the european exchange rate mechanism (ERM) was too high, their inflation was triple the german rate, and british interest rates were hurting their asset prices.

The british government failed to keep the pound above the lower currency exchange limit mandated by the exchange rate mechanism (ERM). It was forced to withdraw the pound sterling from the ERM, devaluing the pound. The estimated cost to the U.K. Treasury was £3.4 billion. Soros' fund profited from the U.K. Government's reluctance to raise its interest rates to levels comparable to those of other ERM countries or float its currency.

Everyone is familiar with investing in stocks, gold, or real estate. But forex trading has always been shrouded in mystery.

What is forex trading?

Forex trading refers to the foreign exchange markets where investors and traders worldwide buy and sell one currency for another.

You might have even participated in forex trading without even realizing it. Anytime I visit a foreign country, I exchange my U.S. Dollars for the local currency based on the prevailing exchange rate. In its simplest form, that is forex trading.

Currencies rise and fall against each other depending on various economic and geopolitical news. If you can buy low and sell high, you can make a profit in forex trading. Demand for particular currencies can be influenced by interest rates, central bank policy, GDP, and the country's political environment.

Because of forex's global nature, the markets trade for 24 hours a day, five days a week. Forex markets are the most liquid markets in the world.

Forex trading terminology

Forex markets have different terminologies and nuances for trading. Below is the list of most common terms.

Currency pairs

Traders frequently trade currencies by selling one currency and buying another. Forex trading always involves the exchange of currencies in pairs. You could have a EUR/USD pair for U.S. Dollars and euros. You can have similar pairs against the japanese yen or the australian dollar.

The major currency pairs are the four most heavily traded currency pairs in the forex market. Because of the massive liquidity, you can always trade them with the lowest spread. The four major pairs are EUR/USD, USD/JPY, GBP/USD, USD/CHF. Note that the U.S. Dollar is involved in every major pair because it is the world reserve currency.

The minor currency pairs don't include the U.S. Dollar and are also known as cross-currency pairs. For example, EUR/AUD and CHF/JPY.

The first currency in the pair is the base currency, and the second currency is the quote currency.

If you are bullish on the european union, you want to buy EUR and sell JPY. In this case, you would buy the EUR/JPY pair.

If you are bearish on the japanese yen, you want to buy USD and sell JPY. In this case, you would sell the JPY/USD pair.

The forex quote determines the price at which you do the buying and selling.

Forex quotes

forex quotes from https://finance.Yahoo.Com/currencies/

The EUR/USD is the currency pair, and the price is 1.2209. The price indicates that for every euro you sell, you could buy 1.2209 USD. The 52 week range indicates that in the last year, the price has fluctuated from 1.07 to 1.22. You make a profit when you sell a currency for more than what you paid for.

You might have noticed the forex quote has four places to the right of the decimal. The smallest price change that a given exchange rate can make is the pip. Most currency pairs, except japanese yen pairs, are quoted to four decimal places. After the decimal point (at one 100th of a cent), this fourth spot is what traders watch to count “pips.”

For example, if the EUR/USD moves from 1.2202 to 1.2205, we say the EUR/USD has increased by three pips.

Forex lot

Forex is traded in lot sizes. Standard lot = 100,000 units mini lot = 10,000 units micro lot = 1,000 units

A larger lot size involves more risk due to the amount of money involved. If you are starting, always trade in micro-lots.

Leverage

Forex traders often use leverage to juice up the returns. Since currencies trade in a small range, they want to amplify their gains. The challenge of leverage is that it cuts both ways. If you are right, then using a 50:1 leverage will increase your profits by 50 times. However, if you are wrong, then you lose 50 times more. For this reason, it is advisable to avoid using leverage when trading forex.

Can you get rich by trading forex?

Forex investors make money by deciding what currencies will rise and fall. Some traders swear by technical analysis and others will rely on fundamental analysis. Traders believe they know what direction the currency would move based on the latest news. The challenge with making money trading is that the same information is also available to everyone else, including professional investors.

An individual investor who is not involved with trading the forex market for a living would find it very hard to make money. You could get lucky once or twice. But eventually, your steak runs out.

The individual investor has no advantage over professionals who do this for a living. My four worst investments article highlights how easy it is to lose money when trading against professional investors.

Professional traders have powerful trading tools to take advantage of their online forex trading strategy. The trading platforms provide signals for automated trading and scalping. Forex scalping methods place trades for 1 to 10 minutes and close positions after gaining five pips. An algorithmic trading system combined with leverage enables the professional traders to day trade forex pairs better than individual investors.

If you want to grow rich and retire early, the best plan is to accumulate income-producing assets. Most stocks pay a dividend, or they increase in value like moonshot stocks. The rental property provides income in the form of rent and appreciating property prices.

Forex trading only makes money if you are right in the timing and direction of currency prices change. You cannot have a “buy it and watch it grow” approach with forex. If you wonder, “when can I retire” it is quite likely that forex trading won't help you.

Who does forex trading

Professional investors trade forex to make money. Trading is done in the spot market, where exchange rates are determined in real-time depending on the current economic and geopolitical factors.

Global companies actively trade forex as well in the futures market. They create a contract to buy or sell a predetermined amount of a currency at a specific exchange rate at a date in the future. The primary purpose is not speculation but as a hedge.

For example, infosys (NYSE: INFY) is a consulting company headquartered in india, but they have clients worldwide. They report results on the indian stock exchange. Since the indian rupee trades in a wide range against the U.S. Dollar, infosys would use the forex markets to hedge against currency risk.

Similarly, ARAMCO (SAUDI-ARAMCO) is one of the leading players in the petroleum and natural gas industry. It needs to hedge its commodity exports against price changes in U.S. Dollars.

Final thoughts on forex trading

Forex is part of our everyday life as a result of living in an interconnected global economy. Currencies usually trade in a tight band. If a currency suddenly depreciates, it could be an indicator of upcoming inflation or potential geo-instability.

It is tough to get rich with forex trading for individuals. You might lose all your investment. To be profitable, one needs a deep understanding of the macroeconomic fundamentals driving currency values coupled with technical analysis experience. And it would help if you traded on it before anyone else does. Proceed with caution if you decide to incorporate forex trading as part of your investment strategy.

So, let's see, what we have: the forex market size is almost $1.93 quadrillion, which means the market is 2.5X larger than the global GDP. At forex 4 money