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@FBS, Now the question is, how many percentage of this money would you get back, rebate I guess. What percentage does FBS as a broker grant to their traders and what would be the criteria to receive such. That not withstanding, majority of all the traders who are involved in Forex lose.

Well, what Forex is to anyone depends on what he trades it for. As it is a side gig to you, same way it is to me but look around, it puts food on the table for others and has the capacity to make some others not to look elsewhere for a means of living.

But you can use a utility bill, a bank statement or even your national I.D to get verified or your international passport, they should have your address in them. For me, I've not seen any reason to give PM my personal information as an unregulated payment processor. I am simply fine with the fees.

@Dormis, bitcoin is a decentralized virtual currency. Details here: http://en.m.wikipedia.org/wiki/Bitcoin @sindarin, I think that even if Bitcoin is introduced and paired with another currency, I'm kinda imagining what would be those factors that would determine its rise and fall since is a...

@rep.rvd, kindly explain more on this. You mean that if I make a deposit of say $100, there would be a 5% withdrawable bonus on the deposit made or the profit made over the bonus.

I don't think so, they have options for other users too but it seems if you in US and sending money to US to, it is free unless you are paying for goods or services. I know of some who do buy online using PayPal but are neither residents nor citizens of USA.

The only true way to get something out of Forex is to invest our time in learning. Since there is no guarantee for a trade without loss, it then becomes necessary to do our own part of the job by learning more of it so as to stand on a safer ground when the issue of lack of knowledge being a...

For me, I think the way I can invest in Bitcoin is only if I want to use it as a means of deposit to a broker which I would like to withdraw through same means. Perhaps I can decide to grow capital rather than withdraw because some of these ecurrencies are better trusted with one leg.

Yeah, as for, personally, I tend to like things coming from the Russian end because they are to some extent reliable and even their brokers though might not be regulated by strong authority but I have more trust in them.

Though Webmoney remains my favorite but if we talk about the payment processors with the best security now, I think it's a verified perfect money account. This is because you get a code both on phone and email and even with the app, you still have to confirm the ownership of the account by...

I've got some friends who are using this payment processor for majority of their online transactions and I tell you, they are ever more than careful with it. For me, I have less than $5 in my Egopay account and wouldn't waste time taking it off once it gets to 10 bucks.

@willy, I will say you personally engineered your own failure because as at then, Forex has coke of age and there are so many resources for learning. Demo also, has been in existence so there are ways you would have averted even the first MC not to talk of the series of losses.

If that which I heard about Payza and the way some US users' funds were withheld is anything to go by, I hardly would leave my funds with any payment processor again, that is, I will exchange once I get to the minimum allowed by my exchanger, not even wmz which I take as my best.

Well, I wasn't a follower of Forex as at then but if it were easy for the poor to be part of trading such long time ago, then one would ask why it wasn't as popular as it is now because from all indication, Forex is getting popular only recently if compared to the way it was and could only be...

You don't need to get verified to make an exchange with local exchangers, at least, the ones I have done but of you are going international, some exchangers would request you get verified because I have been denied of two exchanges with basepayment on grounds of verification.

Professionalism in Forex is something that takes a lot of time to materialize. It doesn't just come out of wish but with practices and learning. That which makes a professional trader what he is is the experiences he's got through years of practices.

I heard a newer rumor about Payza seizing the funds of some US account holders and stuffs like that but Payza's explanation of the whole matter seems confusing too and only time will tell what their fate would be. https://blog.payza.com/payza-updates/announcements/important-update-u-s-members-2/

Well, it's a nice step to keep a clean sheet which I am very sure, most of the regulated processors wouldn't go that far. It goes a long way in strengthening the trust people will have in payment processors, knowing that their funds are in safe hands.

I don't see it as boring though there are those who do. To them, it's a sheer waste of time to sit down there trading on what has no impact on your capital and that which you never even had a single investment in it. It's not just about earning as seen in the real account but developing that...

I have had very similar conversation with a friend and the much I can say is that even though webmoney relocates, though almost impossible, US might have no eye on them even if it is within the American soil. Though it wouldn't be a display of might but there might just be much more respect for wmz.