Not so long ago it was difficult for the average Joe, me, to do any trading on any markets, including the American Stock Exchange. There was no such thing as a day trader back then. In fact the big companies that were there for traders would stub their nose at me and laugh when I said I had one hundred dollars I wanted to invest. In May and June last year, Mandal and his wife, Wasima, 37, also a physician, invested $30,000 each with Secure, which required customers to use U.S. dollars. The Mandals swapped pounds for $60,000, using a bank. Following instructions from Secure, they then wired the money to banks in Australia and Cyprus to open their accounts.
Forex trading is not something to take lightly. If you truly want to be successful at forex trading, you must be prepared to invest the time and hard work to acquire the three factors for success - knowledge, experience, and emotional control. The staff at is here to help you achieve these goals, especially from a knowledge perspective, but determining if a trading regimen is right for you will come from hours of practice trading with virtual� cash and real time quotes on a free demo� account.
So how does trading currency work? Logically, trades always come in pairs. For example, a common trade would be the United States Dollar to the Japanese Yen. This is expressed as USD/JPY. The way to quote a trade is kind of tricky, but with practice it becomes as natural as reading your native language. In a Forex quote, the first currency in the list (IE: USD in USD/JPY) is the base currency, and in the quote the base is always one. This means if (hypothetically of course) One USD was worth Two JPY, that the quote would be expressed as 1/2.
Also check out: is a new UK based forex trading website focused on analyses and learning material. They offer a great overview of forex broker regulators among other things. Stocks: 15 minute delay (Bats is real-time), ET. Volume reflects consolidated markets. Futures and Forex: 10 or 15 minute delay, CT.
I began trading on Forex when I was a student, though I discovered InstaForex a bit later. Thanks to this I had the opportunity to compare and appreciate the work of my present broker. First of all InstaForex really provides the wide range of trading instruments and services. The company gives the opportunity to its traders to trade with futures and options and this is a real advantage. That is why this is InstaForex that I recommend to my friends!