Where can I trade forex on line ??
Question:
Which is a safe on line web for trading and if I deposit $1000 and play margins does it means I can buy up yo 100% more which is $100000?? and if I loss does It means I ll only loss all my $1000 dollars or ll the broker ask for more if I quit my losing to $1k only??
Pls let me understand more on margin trading and the risks involved?
Beware of FOREX trading.
basically, if there's a swing in the price, and it's on the way down, you'll get a 'margin call' to put up more money, if you don't, they'll sell your position at a loss, and you will be liable for any deficiency if the price has dropped faster than you could cover. I would imagine that you could get 50% more on margin. Any firm that's offering 100% more on margin is probably a scam.
Trading on Margin is one of the only ways that you can loose more money that you invest!
See the link below.
I hope that helps.
Hi, i recommand you a good and basic tutorial for investing. it covers all Issues related to your Investing and everything around it.
http://www.tutorialforyou.net/investing/...
wish it will help you.
The only thing that prevent you, is you are too scared enter the market..Why?, because if you don't give a try, then how come you know? at least you should try enter the market, then you can judge either you are profit or losses.
But, answering your question, where you you can trade forex on line, you can do it anywhere you feel want to.
You can open an free Marketiva forex online trading account , 5 USD live fund and 10000 USD virtual fund already in your account.!
Open an free account and get $5 reward!
http://www-forex.spaces.live.com...
The forex is great, but there's a lot to learn, as there is a lot of risk.
Here is a great article to help you understand margin and leverage in the forex:
http://www.pfxglobal.com/index.php?optio...
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