How to gain knowledge of Forex Trading?

India
July 9, 2010 11:16am CST
What is forex trading? How to learn Forex Trading? What is the minimum balance I need to start Forex Trading?
3 responses
@ellago (127)
• Philippines
20 Jul 10
Forex trading is trading currency usually done in pairs. Here in the Philippines, there is a business school which offers Forex Trading Course. I enrolled for the one year course and my classroom training will start in August. The minimum Balance was supposed to be 10K USD but the school I enrolled into have a special arrangement with the Forex Broker that their students can start trading at 300 USD only.
@o0jopak0o (6394)
• Philippines
9 Jul 10
well the known one is etoro when it comes to forex. But i think youll not earn much but loss more with forex.
@BLD367 (142)
• United States
9 Jul 10
Forex trading is based of trading foreign currency. Most of the FOREX sites you see on the web or my like gambling than anything because of the amount of leverage the give you, sometimes up to 100 to 1. It is pretty cheap to get started, Oanda ( who is probably one of the better known ones) has extremely low minimums. Most are around $250. It is not considered a legitimate form of trading by most financial experts. But if you are interested, most of the trading sites will give you a free demo account for 30 days. While you won't make any money, its a good way to see if you like it. What is better is affiliate sales for FOREX, good money there. http://cheapdslrprofessional.blogspot.com/