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-   -   Forex - trading account - online (https://www.aspkin.com/forums/everything-else/33572-forex-trading-account-online.html)

smellybelly 07-04-2011 01:38 PM

Forex - trading account - online
 
Does anyone know any forex/spread betting trading accounts whereby you can top up via credit/debit card over the phone to credit your trading account?

Thanks.

GrannyT 07-04-2011 02:12 PM

Hardly stealth is it?

:pop2:

smellybelly 07-04-2011 02:55 PM

?

didnt i not post this in an 'everything else' forum?

GrannyT 07-04-2011 02:59 PM

LOL - OK fair enough - :D

happycustomer 07-04-2011 09:55 PM

Ive never heard of depositing to forex with credit cards... Good luck though

expiredpeanutbutter 07-05-2011 12:26 AM

you can make $15,000 a day on Forex

GrannyT 07-05-2011 03:16 AM

Quote:

Originally Posted by expiredpeanutbutter (Post 246498)
you can make $15,000 a day on Forex

LOL

You can also lose your shirt!

For someone to make 15K someone has to lose it

happycustomer 07-05-2011 03:26 AM

I researched into currency trading for a while after poker in america went to hell... and I concluded that it is riskier than it first seems and maybe only after many weeks of tons of reading could it be consistently profitable.

GrannyT 07-05-2011 03:28 AM

In my many years I have come across many true sayings.

"If it sounds too good to be true that's usually because it is"

:pop2:

FandangoKango 07-10-2011 03:22 PM

If you don't give a f** and your a baller with money and want to gamble do forefex or if your a super intelligent mathametician go for forex. Me personally will never gamble on it unless I am guided really well.

smellybelly 07-10-2011 04:45 PM

forefex?

i tried to do some forex trading last week... it is expensive, i wanted to trade £100 per point, it told me i had insufficient funds... i called up and asked wot is going on... he said i am trying to trade £100 per point... i would need to have in my account £18,000!!!!

lol, i only had about £3,000... i swiftly clicked X

smellybelly 07-10-2011 04:46 PM

spread betting would be easy if these companies didnt take a deposit/margin as security ffs!!!

GrannyT 07-10-2011 04:56 PM

Too complicated for me SB

Axcend 07-10-2011 05:39 PM

Quote:

Originally Posted by smellybelly (Post 246370)
Does anyone know any forex/spread betting trading accounts whereby you can top up via credit/debit card over the phone to credit your trading account?

Thanks.

FXCM. I use them and you can top up your account with a credit card via the website. They are one of the most popular and legitimate brokers. You can also trade with the better ratios 100:1 and 200:1 even if you are in the USA. All you have to do is use a canadian address and a USA bank account. Thats what they told me via chat when I asked what I could do. Granted I did tell them I was dual citizenship.

Just open an account like normal and then chage your mailing address.

Also I know FXDD you can fund via paypal, but I know they aren't regulated. They have though been around for awhile and are amoung trusted names, but your investments are not protected by laws since they operate as a different type of broker, hence why you can fund and withdraw via paypal.


Also you don't have to be a genius mathmetician to succeed at forex. 92% of traders fail because they put emotions into their trades. You have to trade like a robot. You win some you lose some, its how you form your strategy that decides whether you succeed or not.

babypips.com is a great website from beginner to pro for learning on mastering trading techniques. It is definitely not something to jump into. I jumped into it, put $1000 in an account, traded $800 my first trade. 3 days later I turned that $800 into $5000. Emptied my entire account 2 days later trading uninformed at the time of a major economical news release. Ever see over 5k disppear in 20 seconds? It can be a little shocking lol.

smellybelly 07-11-2011 02:58 AM

when u trade forex do you place ur trades and then leave them for a number of days, or do u place trades and if it changes a few points within that day u close ur trade?

biggunn 07-11-2011 03:16 AM

I was told that you can't lose more than you deposit. So that makes me think I can deposit $100 to $1000 and not lose anything more than that...

My understanding of the systems are that we can leverage our deposit something like 500:1. So as long as you don't start losing right off the bat, you could really make some huge money with minimal risk... I think if you make a trade and it starts going down right away it will freeze you up so you can't go negative past your deposit...

Forex gurus... Is this how it works or am I way off here?

smellybelly 07-11-2011 03:22 AM

ive always found it a bit hard becoz when i trade they require a margin/deposit and that itself always seems to eat up my money which i have in my account, even when i want to trade something like £0.5 per point... something like that they said i would need about 10,000 pounds in my trading account alone :S

sometimes i just sit back and look at the forex movements and it sometimes moves drastic points to which i would of traded i could of made a killing if i had that type of margin available.

rsot 07-11-2011 12:23 PM

For FOREX you CANNOT leave money sitting in a currency over a day - you are asking to me licked.

Yes you can lose more than you deposit IF you trade on margin (most people do) - that's why you HAVE to place stop limit and hope to avoid the "bad beats".

smellybelly 07-13-2011 11:56 AM

forex, currencies and commodities are definately VOLATILE...


they move like 8 points up and down a second its so mind boggling:juggle:

biggunn 07-18-2011 04:33 AM

I've made lots of money on the play-money versions... Too bad I don't really have six figures to play with on the forex market...

rsot 07-18-2011 12:15 PM

Ha biggunn - play money is always different - whether stock, forex or gambling - hard to play the real $ in the same way.

alnev 07-18-2011 05:35 PM

I am currently reading the Currency Trading for Dummies. I always had the impression that mastering currency trading is the ultimate money-challenge, so I'll try :)
Anyway, are there any successful traders around here?


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