Forex – the term on its own sounds complicated, some people directly relates it to risks and dangerous. While, in reality, just like any other forms of investment, it could be dangerous only if you have little knowledge.

You can simply be a long term investor, or you can sit and watch the market every day looking at your profit growing. There are enough strategies out there to meet any investment goal.

Simple forex trading system is following the daily or weekly trend. Review the charts and find a trend that seems well supported and get in. Set a reasonable stop and plan out a target. You will find this strategy easy as you don’t need to watch the market constantly, you can trade when you have time.

You can also choose to do day trading as forex market is always moving 24 hours a day, 6 days a week. Forex market is always moving at least a little. You can pick and choose your time depending on what you like to trade. Most day trading strategies revolve around forex technical analysis, if you have sharp eye and a plan, you can catch it and take some profit from it.

Some may have more old-fashioned approach to investment. You may prefer to invest in something you understand better rather than looking for a signal on their chart. Fundamental forex trading will work best for this category. You follow the news for several countries and play the countries with strengthening economic trends, against the ones with weakening economic trends. You look for how things shape up over the long term while you shall learn to understand the economic reports and compare them to other countries.

While Forex may sound complicated, anyone will have the ability to learn with patience and from mistake. Skills can definitely gained over time, it takes some persistence. It may frustrate some people in the beginning, you need to step back, keep an eye on the big picture and trade small, at least at the beginning.

I started my trading from this site, it is incredibly easy to use and they provide bonus as an encouragement. Feel free to explore XM trading here.

eToro Key Features:

Up to $10,000 on your first deposit bonus

  • Open Book – Facebook of trading
  • Free practice account with real time rates
  • Personal trading coach and 1 on 1 trading sessions
  • A VIP account with exclusive benefits
  • Advanced Forex and commodities trading tools

Why eToro?

For beginners there are few better places to start trading then eToro. Their revolutionary platform enables hundreds of thousands of people to approach their financial aspirations. No other company does more to help you progress your trading than they do by making Forex easier to master than ever before.

eToro offers more for first time traders than anywhere else. With comprehensive practice trading and outstanding learning support, together with the most enjoyable and understandable trading platform you can experience, anywhere, we make learning Forex simple and rewarding.

>> Click Here To Visit eToro <<



Considered by many new to forex trading to be one of the best forex brokers online, Cyprus based eToro was founded fairly recently in 2006. eToro is regulated by CySEC in Europe and ASIC in Australia, as well as the CFTC and NFA in the United States.

In terms of suitability, eToro would probably have the greatest appeal to newer forex traders or forex trading dabblers that require educational materials and are happy to use a more simplistic forex trading platform.

Account Types

Demo Accounts – eToro offers a free demo account to those who wish to practice trading with the online forex broker before they actually fund an account. This account is funded with $10,000 of virtual money and can be used to test the performance of manual or automated trading systems.

Standard Accounts – eToro offers four types of standard trading accounts: Bronze, Silver, Gold and V.I.P. Traders can qualify for successively better account types depending on how much volume they trade or how many funds they deposit. Better account types offer improved services and trading conditions.

Islamic Accounts – Those who do not wish to pay or receive interest due to automatic forex rollovers at 5:00pm EST can open an Islamic account with a minimum deposit of $1,000 that is operated in accordance with Islamic Sharia law. Instead of rolling over positions, all positions open at 5 pm EST are automatically closed out. The trader can then reestablish the positions immediately.

Funding and Withdrawal Options

eToro offers a variety of forex trading account funding options. You can fund accounts with as little as $50 using credit cards, PayPal balances, Neteller, MoneyBookers, WebMoney and GiroPay in Germany. A higher minimum deposit of $500 is required if you fund via bank wire transfer, Western Union or MoneyGram.

Withdrawals can be initiated via an electronic form, with some fees charged depending how large an amount is withdrawn. First time withdrawals require additional documentation.

Trading Platforms

eToro aims to make forex trading fun by offering its own innovative animated trading platform. The broker also partners with Tradonomi LLC to offer that company’s more professional online trading platform to its clients.

The company also offers a web based platform called WebTrader that can suit Mac or Linux users, as well as traveling traders. In addition, eToro offers its Mobile Trader app for Android mobile devices to clients free of charge.

eToro Openbook – See, follow, copy!


eToro offer the latest trading community, where Facbook meets the markets.

See what real tradersare buying and selling in real time. Get an online identity and start trading with confidence now. Another reason that recommends eToro!

>> Click HereTo Visit eToro Openbook <<

Free Live Webinar bought to you by Jason Fielder from TradeForgeFX – How To Build Your Own Winning Trading System in 5 Minutes or Less – That Make You Money.

If you are in a hurry, go here to register for the webinar.

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Join me LIVE! as I reveal how “With never before seen technology, complete “idiots” are creating trading systems for FREE that are KILLING $10,000 guru systems”

Over 5000 people attended the live training yesterday. If you have missed it yesterday or fail to attend due to  full capacity has been hit, there are 2 more sessions today.

  • Friday, April 22nd, 2011 1pm EST
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Attention all Forex traders,

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