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Assalam oa likum Dear friends Forex trading ek isa online business he jo ham apne ghr bhatkr aram se money earn kr sakte hen or wese bhe forex ek part time job he ye koi full job ni he isay hamay part time ke tarah he krna chaiye.................

G han dear mere khyl mai to forex aik part time business b hai or ful time business b hai hum isy jis tarhan marzi traet kar len q k hum isy apna profession b bana skty hain or jab apny dosry business sy free hon to then isy easily kar b skty hai so yeh part time b hai or full time b yeh sab hum pe depend karta hai

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ost online forex brokers give away tons of free stuff. You can practice forex trading on a free demo account. You get access to free forex charts, free technical indicators, free economic news feeds... even to free professional market analyses.
Instant execution of trades. Under normal market conditions, trading orders are executed instantaneously. Many forex brokers also allow you to automate your trading strategy, using algorithmic trading.
Where is the catch?

Forex trading takes time to learn. If it was so easy, everyone would trade currencies instead of working. But, in reality, most new forex traders fail and quit. Successful forex trading requires a lot of knowledge. You can start with one of the forex books recommended for beginners to get the basic understanding of the foreign exchange market. Then you can move on to more advanced books on technical analysis, fundamental analysis, and money management. Do not expect to succeed in the largest financial market on Earth just because you have read some pdf file downloaded from your broker's website. In addition to reading, forex trading also involves a lot of experimenting. Traders constantly refine and retest their trading strategies. If you are a creative person, you will enjoy this aspect of forex trading a lot. If you just look for quick money without any work, forget about forex.

Forex trading requires great discipline. It is difficult to stick even with a time-tested strategy if the market suddenly goes in the opposite direction, cutting into your trading account. You can avoid the most common errors by learning from trading psychology books, but the serious test of your nerve comes only when you risk real money.

Forex tradi

arning will not give you a free lunch. If you start trading forex with an account of $100, you cannot expect to become a millionaire. Like in any economic activity, only a reasonably high investment can bring substantial profits - and even then losses are still possible. In general, professional forex traders rarely gain a higher return than 30-40% a year. Many new traders want to offset their small starting capital by using too much leverage. Although this may work for months or even for years, they risk to eventually blow up their overleveraged accounts. There is no free lunch. On the other hand, 30-40% is still much more than you would get from a saving account.

Beware of suspicious get-rich-quick schemes. You can google thousands of websites offering forex signals that will make you a millionaire in few weeks and without any education. Of course, they are all scams. Forex trading requires understanding of the market. Warren Buffett, the richest person in the world, never invests in what he does not understand. Why would you?

The next crucial step in learning to trade forex is to develop, adapt, and test a profitable forex strategy. If you want to learn how to do it, you can read our tutorial about forex systems and strategies.

44

red sharemarket participants]
National central banks play an important role in the foreign exchange markets. They try to control the money supply, inflation, and/or interest rates and often have official or unofficial target rates for their currencies. They can use their often substantial foreign exchange reserves to stabilize the market. Nevertheless, the effectiveness of central bank "stabilizing speculation" is doubtful because central banks do not go bankrupt if they make large losses, like other traders would, and there is no convincing evidence that they do make a profit trading.

Foreign exchange fixing[edit]
Foreign exchange fixing is the daily monetary exchange rate fixed by the national bank of each country. The idea is that central banks use the fixing time and exchange rate to evaluate behavior of their currency. Fixing exchange rates reflects the real value of equilibrium in the market. Banks, dealers and traders use fixing rates as a trend indicator.

e
The mere expectation or rumor of a central bank foreign exchange intervention might be enough to stabilize a currency, but aggressive intervention might be used several times each year in countries with a dirty float currency regime. Central banks do not always achieve their objectives. The combined resources of the market can easily overwhelm any central bank.[65] Several scenarios of this nature were seen in the 1992–93 European Exchange Rate Mechanism collapse, and in more recent times in Asia.

Hedge funds as speculators[edit]
About 70% to 90%[citation needed] of the foreign exchange transactions conducted are speculative. This means the person or institution that bought or sold the currency has no plan to actually take delivery of the currency in the end; rather, they were solely speculating on the movement of that particular currency. Since 1996, Hedge funds have gained a reputation for aggressive currency speculation. They control billions of dollars of equity and may borrow billions more, and thus may overwhelm intervention by central banks to support almost any currency, if the economic fundamentals are in the hedge funds' favor.

Inv

ent management firms[edit]
Investment management firms (who typically manage large accounts on behalf of customers such as pension funds and endowments) use the foreign exchange market to facilitate transactions in foreign securities. For example, an investment manager bearing an international equity portfolio needs to purchase and sell several pairs of foreign currencies to pay for foreign securities purchases.

Some investment management firms also have more speculative specialist currency overlay operations, which manage clients' currency exposures with the aim of generating profits as well as limiting risk. While the number of this type of specialist firms is quite small, many have a large value of assets under management and, hence, can generate large trades.

Retail

hange traders[edit]
Individual retail speculative traders constitute a growing segment of this market with the advent of retail foreign exchange platforms, both in size and importance. Currently, they participate indirectly through brokers or banks. Retail brokers, while largely controlled and regulated in the USA by the Commodity Futures Trading Commission and National Futures Association, have in the past been subjected to periodic foreign exchange fraud.[66][67] To deal with the issue, in 2010 the NFA required its members that deal in the Forex markets to register as such (I.e., Forex CTA instead of a CTA). Those NFA members that would traditionally be subject to minimum net capital requirements, FCMs and IBs, are subject to greater minimum net capital requirements if they deal in Forex. A number of the foreign exchange brokers operate from the UK under Financial Services Authority regulations where foreign exchange trading using margin is part of the wider over-the-counter derivatives trading industry that includes Contract for differences and financial spread betting.

There are two main

ign exc types of retail FX brok
Money transfer/remittance companies and bureaux de change[edit]
Money transfer companies/remittance companies perform high-volume low-value transfers generally by economic migrants back to their home country. In 2007, the Aite Group estimated that there were $369 billion of remittances (an increase of 8% on the previous year). The four largest markets (India, China, Mexico and the Philippines) receive $95 billion. The largest and best known provider is Western Union with 345,000 agents globally followed by UAE Exchange[citation needed]

Bureaux de change or currency transfer companies provide low value foreign exchange services for travelers. These are typically located at airports and stations or at tourist locations and allow physical notes to be exchanged from one currency to another. They access the foreign exchange markets via banks or non bank foreign exchange companies.

Trading char

foreign exchange market turnover[70][4]
Rank Currency ISO 4217 code
(Symbol) % daily share
(April 2013)
1
United States?United States dollar
USD ($)
87.0%
2
European Union?Euro
EUR (€)

Most traded currencies by valuear
AUD ($)
8.6%
6
Switzerland?Swiss franc
CHF (Fr)
5.2%
7
Canada?Canadian dollar
CAD ($)
4.6%