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Commonly asked questions, read them if you were a beginner to help you understand Forex. |
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Laste Edited: 2010-05-28 04:37:05 Forex FAQs:
What is Forex?
Forex is the international currency trading market, &
the main aim for Forex trader is to buy a currency at a low price to sell it
later at a higher price so this makes a profit, or sell a currency at a high
price to buy it later at a low price & this also makes a profit, so this is a
very characteristic advantage of Forex, that you can make profits when the
prices rise & also if they fall.
What is the margin trading system?
The margin trading system and we also call it the
financial indefinitely, aims to that you could trade using doubles of the
capital you really own up to ten times, if you entered a deal estimated at $ 100
for example, you will use ten times that amount about (1000$) as if you really
own & you will earn its profits completely, in conclusion, this means that you
will buy a product which is the 1000$ here by 100$ then you will trade using it
& gaining its whole profits.
For more informations
click here.
Does trading in Forex contains any risk?
Of course it does, in general, trading contains profit
and loss, it depends on your cleverness, as you according to your experience,
your knowledge and your search will be able inevitably to achieve the highest
profits with the the minimum possible losses, & you may also loose all your
money capital if you didn't manage your financial processes well and
effectively.
What is the fundamental and technical analysis?
Technical analysis is a follow-up and studying of the
market conditions through charts and analytical indicators it's dependable for
up to 30%, while fundamental analysis is the follow up of the market news &
economic news releases.
For more informations
click here.
What are the surfing sites & how could I gain profits from
them?
Surfing sites are based on advertising exchange between
sites in addition to that they are one of the money doubling systems, so here
you start by opening the sites owned by some persons or companies in return for
they also open your site no matter its type, some surfing sites gives a rate of
1:1 or 1:2 for sites advertising exchange & the main goal for such companies is
to referr the the largest possible number of new members to join through your
referral link you advertise for, in addition to that you can gain money when you
reach the minimum payout, with more points collected more visitors will reach
your site you are advertising for in addition to financial gain you will achieve
from these sites themselves.
Is profit from trading currencies SPOUSE or haraam?
This is a very important question, the answer after
setting a search on that subject, thank God, confirmed that profit from this
trade SPOUSE provided that:
There would be no (Reba) in the brokerage company, meaning that the
company is not the mediation of the so-called Reba benefits, in other words, if
you leave a deal opened for more than 24 hours, you will pay an interest for it
to the brokerage company, this interest is Reba, so we advise you not to leave a
deal opened for more than 24 hours as this action was prohibited by religion,
God knows.
It should be noted that brokerage companies listed in our site don't
count such interests & include accounts in conformity with Islamic law where you
can leave your deals opened as long as you can without any interests on you for
that time.
I do not consider the Mufti of religious matters, but
I told you our point of view only, God knows - this is not the relegious
advisory opinion of me.
How much money can I start with?
Dear Visitor, you can start with $ 5 and there are
brokerage companies with minimum deposit for trading of only 1$ as Maketiva
company which accepts many money transfere systems listed in our site, & others with 25$ as Easy-Forex which accepts
credit cards deposits.
For more informations
click here.
I want to learn more about the Forex, what could I do?
Dear Visitor, we have introduced the basic concepts and illustrations to
know about forex, but if you'd like to learn more and more ways to trade and
also the concept and terminology of the various indicators, such as support and
resistance and risk management and successful trading strategies.
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