What is FOREX trading?
Question:
Answer:
U will find many sites on Google abt forex trading.
But be careful !!! Its finally a sort of gambling ... If it goes well, then u could win s/thing ; o/wise u run the risk of losing of what little u have.
So tread carefully....
i think you can find help here
India Web Trade was founded with the mission to aid investors and traders with streamlined access to the International Financial Markets. India Web Trade strives to facilitate Indian investors with high - speed, cost effective direct access solutions commonly offered to an Institutional audience. Our goal is to deliver direct access trading services that are reliable, easy - to - use and affordably priced.
At India Web Trade we are a provider of comprehensive e-brokerage solutions, catering to retail investors. We supply direct access connectivity to the world’s most dynamic and liquid International Markets. India Web Trade partners with selective U.S. counter parties in the provision of such services in order to insure a local presence to it’s clients.
All the accounts are held with Pension Financial Services Inc.. Each account is fully secured under SIPC ( the Securities Investor Protection Corporation).
Penson Financial Services, Inc. is a leading clearing services firm with headquarters in Dallas, Texas. Penson has achieved an enviable position in the US clearing market. Penson currently accounts for 3-5% of total Nasdaq volume on a daily basis, and has processed as many as 879,000 transactions per day. Penson has direct relationships with the Depository Trust Company (DTC) and National Securities Clearing Corporation (NSCC) in New York.
Penson Financial Services, Inc. is a member of the Chicago Stock Exchange, National Association of Security Dealers, Inc, the Chicago Board of Options Exchange, OneChicago, the Options Clearing Corporation, the Arca/Pacific Exchange, the International Securities Exchange and SIPC. Penson Financial Services, Inc. has direct relationships with the Depository Trust Company (DTC) and National Securities Clearing Corporation (NSCC) in New York.
Penson Financial Services Canada, Inc. is a participating organization with the Toronto Stock Exchange, the Montreal Exchange, the Canadian Venture Exchange and a member of CIPF whilst regulated by the Investment Dealers Association. Penson Financial Services, Ltd. is a member of the London Stock Exchange and is regulated by the Financial Services Authority under a European Passport. Penson Financial Futures, Inc is a registered Futures Commission Merchant with the CFTC and a member of Nasdaq Liffe (Euronext) Markets, NQLX
The Securities Investors Protection Act of 1970 (SIPA), USA, created the Securities Investors Protection Corporation (SIPC, www.sipc.org). SIPC was designed to protect customers' cash balances and securities positions upon the insolvency of a Broker Dealer. SIPC will cover each separate customer account for a maximum of $500,000 in equity, of which no more than $100,000 may be in cash. This stipulation is mandated by the National Association of Security Dealers (NASD, www.nasd.com) and the Securities Exchange Commission (SEC, www.sec.gov). Any debit balances created through the purchase of securities on margin will be deducted from the account's equity prior to settlement.
Penson goes well beyond all regulatory requirements by offering protection against individual acts of fraud through a $15 million blanket bond. In addition clients are also protected via an Excess of SIPC Securities Bond, iss
http://www.indiawebtrade.com/about.htm...
........Please dont ! ......
1st thing is you need a lot of money to do that...
SO if you have enough money say approx min 5 lacs... then only think about it.
Forex stands for foreign exchange that is u bet on movement of prices of exchange rate between 2 currencies and accordingly take position for making profits...
yes i am also going to try my hand in this trade,if got same lead plz email it to me.
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