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Traders who rely on Forex as their source of income posses one thing that is not always common in an average trader and that is the knowledge and skills they have. They know things, they've seen things and they can understand things, that is what makes the whole difference. I don't think it will...

And good persevering spirit. Forex is for the determined and the focused. It is not a business anyone can just jump into just for the clear thought that it is lucrative and flexible. Forex is meant for all but does not favour all, that is the simple theory behind it and the more a trader...

@sindarin, sure, that's a great place I think every trader needs. It is the only place that gives you the benefit of playing around different trading strategies without necessarily thinking much about losses. It accords you the opportunity to trade as though you are trading in the real account...

I see VPS to be used only and only when the trader have much more confidence in his EA. To the best I know, the EA might not just worth having to rely upon that much. I even see it as something that needs monitoring for you to get an optimal benefit of using an EA but the issue of running it on...

@faisal patel, I do not think so. You are only seeing the definition of a job in its simplest or literally meaning. Businesses are jobs depending on the way the person sees it, it is anything that you do for a steady flow of income. The profits of Forex is mainly calculated on a monthly basis...

In other words, having one and defined strategy especially at that early stage of trading. No doubt, instead of confusing ourselves with numerous strategies that we might find difficult to cope with, it is ideal to stick with one true strategy that is good enough to make us some profits...

I have even seen that the success of Forex as perceived doesn't really lie on the number of times you have to stress yourself. I mean, trying to hard to impress doesn't give you an edge to success. The most appropriate time wins the most appropriate goal and that is a thing Forex brings. Knowing...

No they don't, though not among the banned countries but I doubt if it is popular here even when it's not accepted. https://help.neteller.com/app/answers/detail/a_id/6 They have less than 200 countries where their services are covered and for now and also for me, I see it as a payment...

Sure, Neteller has limitations in only 5 countries and India is not one of them. However, their services their services are not extended to some controls so no matter how popular they eventually become, u will be one of those who wouldn't use them. It is far from being an alternative to WMZ for me.

You mean given you a VIP tag after banning you or for some kind of trust they've got in you. Yes, there could be varying reasons why an account holder would be given some preferential title but it's rare to find among payment processors, more so, regulated ones.

I guess those making use of the payment processor will have to employ some great care and caution since the IFCS report and that could mean that some money laundering international association might just be waiting for a time to strike.

One would comfortably say that WMZ has gradually turned to the choice of most people. They keep waxing even much stronger and winning the hearts of online earners. Yes, their presence in online earning will definitely make them an enviable one.

Unless otherwise US raises the dust once more, I believe so much that PM has succeeded in running away from them. At least for now, were can hear very less of the regulations and fraud chasing related issue. Though PM is an unregulated payment processor, it remains a first choice in online...

Yes, I know there's Paisapay and if I'm now. wrong, exclusive to Indians and owned by eBay themselves which doubles to own PayPal as well. In any case, it might not be out of place to assume that PayPal has a sister payment processor.

Surely they can't. PayPal has come of age if I must use that word. The e payment system has gained so much ground in the payment world that it will take more than ages to over turn their achievement. STP might still be doing fine in the areas they cover but definitely not to overcome PayPal.

Personally, I do not see anything wrong in having so many brokers on the queue. I see the competition as that which makes the business fun this way because it subsidizes Forex for the poor and average Forex trader who may not want to go so low when it comes to minimum deposit.

Forex is such a complex business that one need not rely on one source or confine himself to a particular source in a bid to learn how to trade more effectively. A lot of means are available both online and offline that helps a trader develop in his trading career. Some of these sources...

That of course is mainly seen from the angle of their long exposure to the business which gives them that mind control and stability when it comes to trading. A newbie is just fresh in another business environment and it wouldn't be out of Place to say that he will exhibit some degree of fear...

It is always safer to trade with a regulated broker and the next issue that is worthy of note is who regulated the broker. I have come across some brokers that where regulated by some unknown bodies or as some online users would say, some internal regulators.

@barood4money, it might just depend on individuals. Not everyone is used to practicing for very long hours while there are those that are just fine with it. For me, that which matters more is how quality the time spent is. I mean, how productive and what I was able to achieve make more sense to...