What is Forex trading?
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Forex trading is simply the exchange of one currency for another - Each Forex trade can theoretically be viewed as a 'spread ' trade. To buy one currency you must sell another. |
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What is paper trading?
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Paper trading is simulated trading. You may use this to decide if Forex trading is for you, or to trial trading systems before going live. The demo trading site provides all real data and free charting facilities. You will need to register for "Paper Trading" and we will forward you a User ID and Password. We recommend that all potential traders should trial demo trading to familiarise themelves with the workings of the software.
Click here to register for our free trial period
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Is Forex Trading capital intensive?
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No. The minimum deposit requirement for a live account with Global Forex Trading is $2500. |
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How much money can I make?
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The amount of profit you can make depends on the size of your initial capital, the amount of work you are willing to put in, and your personal trading style, meaning how much risk you are willing to take. We strongly advise that all traders take the necessary time to do the proper preparation (training) in order to become consistent and successful traders.
Click here to view our training and support section |
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Is there a risk?
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Yes there is. The common rule of "high yield, high risk" is particularly prevalent. Trading with FOREX can be exceptionally profitable, but subject to risk and therefore it is advisable that risk capital should be used. It is important that you exercise good judgment during trading and manage your risk according to the principles we will teach. |
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What are the major currencies traded in Forex?
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There are four main currency pairs that are heavily traded and that offer almost immediate liquidity:
Keep in mind that we offer a choice of 60 currency
pairs |
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What are the major currencies traded in Forex?
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We derive our income from GFT's trade spread (the difference between the bid and the ask prices). It is in our interest to ensure that traders are successful and profitable in order for us to make any money - Your success is our
success. |
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