Trading Forex For Real | Ramblings of an e-trader

Saturday, 29 September 2007

Trading Forex For Real

Some of you may remember me mentioning that I am trying to venture into Forex trading. Share trading has not been too lucrative due to a volatile market so I thought that I would expand my options. I have a test Forex account and have been trading with a slight profit on paper so I would like to start a live account. However, since I do not have much capital, I did not really explore online Forex trading sites. I thought I would do that later when I have more money to invest.

When I was shown the link to Forex Club at http://www.fxclub.com/, I was surprised that all it takes to open a live account is a minimum of $10 and accepted payments are by PayPal and credit card. That's good news to me!

If you are thinking of trading Forex online, do make sure that the company is a licensed Forex commission merchant. For example, Forex Club is a member of the National Futures Association.

I browsed through the site of Forex Club and happy to note that they too have a practice account and also reading material and online video seminars to guide us on trading Forex for real. There is also a forum where we could share our tips and strategies with fellow traders. I believe that everyone would learn something from there and be more successful in Forex trading.

I think it’s time to trade in Forex for real now and if I don’t start now, I never will!

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