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you have enough money to cover the down side. Question Is trading Forex the same as gambling? We'll email you to make you aware of resources how to beat the market makers in forex to help develop your trading plan. Make sure to check the costs of transferring cash from your bank account into your brokerage account. Access 100 companies like Amazon with spreads from 1pt on UK shares.

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For most people, Forex trading would amount to gambling. Some oversight bodies include: United States: National Futures Association (NFA) and Commodity Futures Trading Commission (cftc) United Kingdom: Financial Conduct Authority (FCA) Australia: Australian Securities and Investment Commission (asic) Switzerland: Swiss Federal Banking Commission (sfbc) Germany: Bundesanstalt für Finanzdienstleistungsaufsicht (BaFIN) France: Autorité des Marchés Financiers. Question Is it compulsory to open an account at a specific bank? Read reviews but be careful. Show more answers Unanswered Questions Show more unanswered questions Ask a Question 200 characters left Include your email address to get a message when this question is answered. Question According to your knowledge on forex, what are the 2 currencies that will make me a good profit in any case? A spread is the difference between the bid price and the ask price. The fees will cut into your profits. Read and analyze international economic reports, then choose a currency you feel is economically sound to trade with, like the US dollar or Euro.

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