Made Easy Forex

Q:  I’m trying to find out which would be the best forex broker for an Aussie?
Also which EA systems are worth buying, I found one that is over $250000, others are only a few hundred dollars. Confused, please help!
A:  There are no good Forex brokers. There are only some which are better than others. Continue to do a lot of research. Most good traders have at least two Forex brokers.
As far as EA’s are concerned…… the good ones can make you money… if (and it’s a big “if”)…… you are …

Q:  If over years you have accumulated your forex account, can you trust your forex broker that once you have requested a withdrawal of funds, will you really get the money ? and how do you know ? What if the forex broker went out of business or something ? Has anyone experienced not being able to withdraw for any reason ?
A:  This can happen if you go with dodgy, untrustworthy or risky brokers. They may go out of business or they may just purposefully be trying to steal from their …

Q:  You do not agree with me?! Lets think! -Leverage is borrowed money. So if I play with 100.000$ and market goes against me, then forex broker lose 100.000$. If there are 10 like me- “losers”, then broker company lose 1 million! Or I am wrong?
A:  Sorry, but the forex broker keeps his money.
It’s not the broker that borrows money – the clients do. The leverage has nothing to do with a forex broker’s earnings because if a client is losing money, the broker simply puts out a margin call. If the client fails …

Q:  Can You Give 20 Pips A Day In My Forex Trading?You have a better forex strategy?
A:  Since the average daily range of each of the 4 major currency pairs is about 104 pips…..20 pips is a very good target to have.
The key comes in understanding pivot points, fibonacci retracements, bollinger bands and consumer sentiment (over bought and over sold conditions). You also need to take a careful look at the times of day that the market is normally most active.
20 pips per day is very doable……..the cost is the …

Q:  Can anybody suggest a good reliable forex broker operating from India ? Which is the best and reliable forex agency in which an Indian can operate ?
A:  If you are a beginner, I suggest you to use Marketiva, which is a very good platform to start trading with and very easy to use.
Marketiva gives you 5$ real to start trading so you don’t have to deposit and if you made profit from it you can cash out, this is why it’s very good for beginners. Their platform is very easy …

Q:  I found both opportunities at the same time. Both are soley commission based. Both require that I market and sell information to people I know and to people I dont know. Both have unlimited income potential which depends on how much I want to push myself.
I would do both jobs but the insurance company wants my to sign a contract that would make me exclusive to them and I wouldnt be allowed to have a second job. Where the Forex company is okay with me having other jobs, heck …

Q:  I am 15 years old and i found the best way to make money from Forex. I have an EA which doubles my money every month.(demo account). My parents are discouraging me doing this because they dont like online work. I plan on doing this for my job when i am older but i have one problem. I want to start now but i cant. How can i open a live account with a Forex broker if i am under 18?
A:  At your age, you’re really better off studying and …

Q:  Opening an account with a Swiss forex broker. Will my profits be tax exemp in the united states or will I have to claim them?
A:  You will have to pay your taxes the same as if you were using a local forex broker. The US law states that any income gained by a resident will be taxed whether local or international. You may have other options such as setting up a company in another country and that company will pay corporate taxes to its host country. You will still …