Thread: Forex Trading

Originally Posted by thelastbear

So that's just for you and your broker. Other brokers offer far lower min deposits.

well i though this was the min general requirements... until i bumped into brokers like NordFx and was like wow 50$ with a margin 10000:1 (im exaggerating here) anyhow we all know that this is not a viable amount to trade forex - come on! even 500 bucks will do nothing if you think about it...i didn't say to be a hedge fund class traders but at least some decency. You do the math - it doesnt hold for no account beyond 500$....

The foreign exchange market (forex, FX, or currency market) is a form of exchange for the global decentralized trading of international currencies

yeah indeed! one of the best places to enter the market is zulutrade - not only that you make some decent returns, one also gets free time not being 24/7 on the hock in front of the pc...

Forex trading is an awesome means of generating income - though it needs to be approached with rationality.

and it is better when approached with zulutrade you not only getting rebates but you also getting free time as well.

it's both ways - tthere are followers, but somebody should also be the provider - and i've seen people actually fighting over to be better providers than the others so there is money in both sides, depends on what you wish to do!

thelastbear,

well forum-mate, the funny part is that they actually do fight for the followers, as more followers means, higher ranking & higher status thus higher commissions, I presume!

anyhow, little competition is always good ! Gets better trading sin better results, imo!:)