MYTHS ABOUT FOREX - FAQ

Is it possible to actually make a profit, and regularly working on FOREX?


FOREX has existed for over 30 years, and during that time many people did trade on the foreign exchange market in their profession, regularly getting a steady income.


As for our country, there is the opportunity to trade in FOREX has appeared in the early 1990s, and since then hundreds of thousands of people have chosen a job a currency trader and gained financial independence.


Is the assertion that the lower the spread, the better terms of trade?


No. Spread - not the most important in terms of trade. Why?


First, the announcement by the very low or almost zero spreads is often a common marketing ploy to attract customers. In the terms of trade are always steal reservations about the possibility of expanding the spread at a rapid price movements. In practice this means that the low spread is available in some real bargains, but most of this spread is preserved only in the indicative quotes that are available for public viewing, and on demo accounts. In many cases, at the conclusion of a specific transaction the customer may be offered a much greater spread. Or quote an elementary shift to the disadvantage of the client side, especially at closing. This is understandable, because the spreads - the main source of income dealing company, and in fact no such company simply could not exist and the more stable operation in ultra-low spreads.


Secondly, the populist claims of near-zero spreads, as well as on other unrealistic to market conditions, are often used recently formed companies that only seek their own niche in the financial services industry. If the company really starts to deliver on its promises, in any case it is short-sighted policy. And it necessarily involves high risks for a company and hence for its customers, and therefore incompatible with long-term financial stability, stable income to the company and, therefore, to secure bank guarantees safety of your deposits and your profits.


Finally, very often for the conclusion of the most profitable trades far more important than timely and accurate service, which allows for rapid changes in the price that suits the client to quickly get the quote. And if the terms of trade registered a very low spread, then quickly to a deal on the market at this price is impossible for the company.


Is the assertion that trade on the FOREX market can only banks and organizations that have large sums of money?


Trading on the FOREX can be anyone, because you can start trading, with its relatively small amount of money.


Another thing is to understand the logic of currency movements on the FOREX and find patterns, it is necessary to study the mechanisms of decision making in daily trade of major financial institutions around the world. After all, they buy and sell large quantities of most currencies, which means that it is their decisions are driven by the market.


In the educational centers of our company we have a detailed account of strategies used in the investment and hedge funds, influential banks. And most importantly, how on their basis can build their work on the FOREX market and private investors with little capital.


Is it true that FOREX - is a kind of "pyramid", which earned only by those who came here long enough?


Work and earn in FOREX millions of people around the world. Among them are those who have been doing this for a long period of time, and those who are just taking its first steps in FOREX. So you can start trading in the forex market right now and secure financial independence.


To learn more, go to free tuition and open a demo account! Your personal results of the training trade show, how well you can apply the knowledge. This will help to understand whether there is in you the makings of a currency trader, and to assess the level of expected initial income.


Traders - it is really super-professionals, which can be considered to be one?


Successful traders - people with different levels of education, technical and humanitarian mindset unlike each other, men and women of all ages. Become a trader can, in principle, anyone who expressed such a wish. Sign up for our free seminar on FOREX and see for yourself! And your personal results of the training trade show, how well you can apply the knowledge. This will help to understand whether there is in you the makings of a currency trader, and to assess the level of expected initial income.