Making Money in Forex Trading ~ forex trading software comparison
Making Money in Forex Trading
The Forex market has a daily volume of over $4 trillion per day, dwarfing the volume of the equity and futures markets combined. Thousands of people, all over the world, are trading Forex and making tons of money. Why not you?
All you need to start trading Forex is a computer and an Internet connection. You can do it from the comfort of your home, in your spare time without leaving your day job. And you dont need a large sum of money to start, you can trade initially with a minimal sum, or better off, you can start practicing with a demo account without the need to deposit any money.
Once you consider to start Forex trading, one of the first things you need to do is choose a broker, choosing a reliable broker is the single most critical factor to Forex success.
There are dozens of online brokers out there but your best bet is to go with the leader.
Based on our experience, The best online FX broker for beginners and pros alike is e-Toro (If the link doesnt work, copy and paste the following URL into a browser: www.liraz.com/etoro). Why? for starters this broker is rated among the best in trading quality, security, bonuses, payout and experience. More than that, e-Toro is much more than a simple Forex broker, it is a "social network" that allows you to copy the trading strategies of the network’s best traders (according to the company, over 85% of copied trades on e-Toro are profitable). You have to see it to believe it. Unfortunately, this broker does not accepts US residents.
Now I would strongly encourage you to go and visit the above brokers site right now even if you are not yet decided whether you want to go into Forex trading. Why? because it provides tons of free education materials, videos and best of all a demo account that allows you to practice Forex trading for free without the need to deposit any money. Simply go to the site, register for a free account and start "trading" - by actually practicing and experiencing it firsthand youll be able to decide whether Forex trading is for you.
In any case, before starting to trade for real, it is advisable that you practice with a demo account. Once you build some skill and feel more comfortable with the system you can start trading gradually for real money.
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