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That which is realistic in Forex is to make 30% of your capital within one month and it is most times, the dream of an average trader. Of course there are businesses that will still give you that in a month (online/offline) but sometimes, the way people talk about Forex seems as if it is capable...

Barood is right. The most traded pair are the EUR/USD and the strong three currencies are the US Dollars, The Euro, The British pounds and the Japanese Yen but one can still rule out the fact that China has a fast growing economy and might get on the list in the nearest future.

The question now is if they even asked themselves such questions. There are some that are just with very irrational mental attitude towards Forex. There is nothing wrong in someone believing he can learn Forex within days but what becomes the outcome thereafter. They can't just imagine staying...

I hardly even know what the requirements are since I do not verify my payment processors' accounts. If not now that Payza's value keeps dropping by the day, it used to be easy for one to find local exchangers that can easily exchange your funds and even pay you cash there and then.

Quite some good points. Instead of learning it within the shortest imaginable time only to end up incurring losses over a long period of time. What stops the person from learning for that long and maintain some big capital, thereafter, start trading, having acquired adequate knowledge.

Well, they are very good point and some traders are good at making variety of choices when it comes to trade. I know of one that have account with about eight different brokers and I keep asking myself if he wants his name in the prints of those that are versatile in Brokers' experience.

An that is why it wouldn't make any sense disturbing a more experienced trader to teach you about Forex if you can easily get that which he will give you online. But personally, I still prefer them because of some implied knowledge you gain that might not be felt in online materials.

And it means the concept of trading has not been reached because trading doesn't just mean programing one EA to do the job for you. And I even doubt if a newbie can effectively do the programing without help from an experienced trader. I think, devoting time to learn that trade is just as...

Though I access with Proxy when using a WiFi in public places, I never thought it will mean the same thing when using it with apps because I currently run an MT4 and MT5 apps on my phones. If there are risks of such nature, then why have them in apps because I still have a payment processor that...

But at the same time, I think that one can easily get adequate information, enough for him to take a firm decision of credible brokers if he seeks opinion from Forex forums because you can easily see practising traders that have accounts with different brokers.

Well, that means the person may be requiring a lot from brokers because most brokers offer very similar features which I think are the basics one need except in the area of withdrawal and deposit method or the minimum deposit. That even makes me to think that in the nearest future, brokers...

If we even take this analytically, Forex itself is a hard job but mentally. There is one thing that my teacher used to tell us when we were in College; the most difficult job you will come across is that which stresses your brain. In the case of physically hard jobs, it's only their body that is...

I think this is based on the non-traders believe that you do not need to kill yourself acquiring knowledge if you want to trade because no matter the level and degree of knowledge one has, failure seems to be inevitable. That is always the impression some have about Forex and they will think it...

That is the reason I always say that though online trade has taken the phase of trading, I still do not think that the offline will easily go. It is the way trading started and no matter how influential the online trade becomes, it can only take the leading stage but not totally eliminate that...

I still tend to agree with ryuken. I think the earning or money giving potentials of Forex is exaggerated. I mean, there are people who have good capital and also have some fair knowledge and experience in it yet, they do not make as much money as could be said that other do make.

Here WMZ is really gaining such an upper hand even over the more popularized one PM. I just wish we can do a banking withdrawal with it so one can easily convert his funds directly without going through exchangers. A friend even told me one can now pay bills with it here but I have not tried...

If I can see exchangers, mainly local, then I will consider using it since it is a regulated one. I'm trying to shift my interest to regulated payment processors after what I suffered from LR.

You see, even when some criticize Paypal for charging them high on transactions, they still have a very good part of them. I was today deprived of buying something online just because I have no access to Paypal.

I think the concept here is very simple, get verified and enjoy the low rates you used to. It could be deduced that Perfect Money is just trying to know those they are dealing with.

By implication, if you withdraw anything in excess of $150 you will not be charged? Even if it is $10 per transfer/withdrawal to your bank, then it is reasonably fair because I know Payza charge $25 here.