Where to do Forex Trading?

in #news7 years ago

Where can Forex trading / transactions / trading be done?

1.Offline / Money Changer / Bank

Forex transactions can be done traditionally in Money Changer or in Banks that provide Money Changer, You can BUY / BUY transactions or SELL / SELL currency of a country against the currency of other countries. Selling this transaction occurs when you will travel / vacation to another country, or buy goods that must be used foreign currency, eg American dollars, this transaction is not continuous. In addition to not continuous, traditional transactions also have many weaknesses, among others: requires a large fund, due to laverage 1: 1 to transact simultaneously $ 5000 you need money $ 5000, time in need long enough (need money to bank changer / bank, queuing, etc.), can not be done 24 hours (only working hours / 08.00 - 15.00 pm) and of course larger, because carrying cash.

2.Online / Online Broker / Metatrader Platform 4

Modern Forex Transactions can be run online at online forex brokers using the internet network and using the platform, generally using metatrader 4. With PC / Laptop / Smartphone platform and internet network you can trade / trading BUY / BUY or SELL / SELL the currency of a country against the currencies of other countries. Online trading advantages include: can be done where, no need to come to Forex brokers, fast, no queue, relatively smaller capital with laverage facilities 1: 100 to 1: 500 and whenever for 24 hours (meaning and function of laverage will in discuss the material next / below).
Modern forex trade / trade Open Monday at 04:01 WIB and close Saturday morning at 03:59 WIB, open opportunity for profit for 24 hours.

Forex trading online.jpg

What to prepare for online Forex tading:

Prepare your PC / Laptop / Smartphone / Warnet.
Set up Internet network, can use CDMA or GSM modem, wired internet network, or cafe.
Make Email, can use yahoo or gmail, we recommend gmail.
Scan / Photo ID, SIM and Savings Book, or Billing Electricity, Water, Credit Card
Register at Online broker (please contact with CSnya)
Know the basics of Forex, Forex terms, profit and risk forex.
Having investment capital / money, capital can come from your fund or free from promotion of forex broker.
Patience, not greedy, Consistent.