Yearly Archives: 2011

Tips to avoid Forex scams

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It is a very common known fact that Forex market is the biggest market and hence many scams and frauds are frequently happening in this area. The reason is that since this a relatively new window for making money, it has not got in as much attention from the general public. Since everybody in this fast paced world is out there to make a quick buck, it is also easier to fool some of these people into a scam. There is many ways through which these fraudulent activities attack you. Some of the methods are trading systems which are automated, unknown brokers, forex software platforms and many more. Here we will discuss some points on how to avoid such scams and fraudulent activities. Continue reading

What are the differences between Forex Practice Account and Forex Trading Account?

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One of great benefits of Forex trade is the learning and making your own rules. The Demo or practice account gives easy chance to understand the basics of trade and make all the mistakes to learn how to rectify them. The risk free investment environment of practice Forex account can easily prepare for the actual trading fast. The Practice Forex account is very similar to the trade account; the only apparent difference is that the whole investment you do here is done on the software. It keeps the record of your activity and even give you the whole graphic analysis too so you feel like being on the same platform and start to feel comfortable there also. Continue reading

Futures Trading Platform versus Forex Trading Station

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Future Trading Platform and Forex Trading Station are both great investment tools. While the market might be filled with different Future Trading stations with complex strategy forecast and other fancy option, the Forex trade is simpler. Here are some important areas about these two. The Future Trading Platform has been around since late nineties; clearly this is a mature market and the software developed for this can be obtained from many sources and sites. This is complex market to start with; the commodities here include everything from gold, silver, gas, e-share, currencies, and even the grains. The investment in any sector or commodity is quite easy in real time. Continue reading