Forex trading

[Fnor]

How to find a good broker for it? Would be really grateful for recommendations!

 

[angel2]

You can work with any who has good reviews from other users

 

[Account Kings]

Dont trade forex. Stock market is much more safe and has a proven track record. Not only is Forex hard to predict, but you also have increased risk with bad brokers. Tough market to get in.

 

I use Oanda. I like it. There are other sites I use as well that I can share with you, feel free to PM me.

 

[acetradin]

Forex is just hyped up by scammers, stock market is way more better and you can get good return from it.

 

You're gonna get burnt by Forex unless you hold currency long-term with macros on point. You could also hedge and diversify through the use of currencies, but I doubt that's what you're (or anyone else reading this thread) looking for. I'd just stick to stocks and do due diligence in terms of currency > current account deficit. Also, you'd get ripped apart trading Forex since you're gonna go up against people on drugs using Bloomberg terminals/Thomson.

 

[Frost]

Forex is a tough market to get into, especially if you don't know what you're doing. If you do your research, understand different trading styles it is possible to become profitable. Look into quantitative trading (that helped a lot for me) and try to automate as much as possible to minimize human emotions.

So far from my experience being on and off Forex i've made a return of 12% within 3 months, although not as impressive as what they will promise you to make millions, it's a bit more realistic.

Last but not least to answer your original question, just Google best rates for forex brokers, do your own research would be your best answer as most people you ask will just be affiliates and get a commision when you sign up. Also look for regulated brokers in your country.

If you want less risk and less volatility, go for the stock market.

 

[kristiaan]

In the end, everyone losses on the Forex market.
Those claiming to be profitable, are either REALLY skilled, or are into some sort of MLM like iMarketsLive to get you into giving them money, whilest not even trading themself anymore

 

[Pandax]

forex is just a scammed like for reals bro.

 

[Bigo]

Dont trade forex. Stock market is much more safe and has a proven track record. Not only is Forex hard to predict, but you also have increased risk with bad brokers. Tough market to get in.

can you predict the stock market??