Forex Trading SA: What Is Forex (FX) Trading? Forex Trading South Africa Beginners Guide

Forex Trading SA: What Is Forex (FX) Trading? Forex Trading South Africa Beginners Guide
Forex Trading SA: What Is Forex (FX) Trading? Forex Trading South Africa Beginners Guide 2019-10-10T20:56:51+02:00

Table of Contents

Welcome to Forex Trading South Africa, a Forex trading guide for Forex traders and investors. We are the most trusted and reliable foreign exchange site reviewer in the country. Begin to trade forex in South African Rand (ZAR) at the best Forex trading SA sites in 2019, with the best pips, deposits, and FOREX bonuses.

We provide useful information about everything you need to know about Forex trade and top fx sites. You can buy and sell currency on your Tablet, Windows Phone, Blackberry, Android or Apple. The main objective of Forextradingsouthafrica.co.za is to provide all the details you need to know about online forex trading South Africa. In addition, we also list the best Forex trading SA brokers and also help you understand why Forex SA is a popular money making scheme and you can gain capital.

List of the best Forex Trading Sites in South Africa

BROKERS IN SOUTH AFRICAREGULATORSMIN. DEPOSITACTION
cm trading logo
Regulated By
FSB in South Africa

Min.Deposit
$250
OPEN ACCOUNT

CM Trading Review
Markets Com logo
Regulated By
FSB in South Africa

Min.Deposit
R1000
OPEN ACCOUNT

Markets Com Review



24option trading logo
Regulated By
FSB in South Africa

Min.Deposit
$250
OPEN ACCOUNT

24Option Review
easy markets trading logo
Regulated By
FSB in South Africa

Min.Deposit
$100
OPEN ACCOUNT

easyMarkets Review
xm trading logo
Regulated By
FSB in South Africa

Min.Deposit
$5
OPEN ACCOUNT

XM Trading Review
Avatrade trading logo
Regulated By
FSB in South Africa

Min.Deposit
$100
OPEN ACCOUNT

AvaTrade Review

What Is Forex (FX) Trading Forex Trading South Africa

Foreign exchange SA trading guide

If you are not sure about your trading skills, you can open a forex demo account where you will practice with virtual or fake money until you gain your confidence. A demo account is also called a ‘practice account’.

You want to trade online forex and don’t know how to trade? In this forex guide, you will learn the following:

  • What is Forex Trading?
  • Forex in South Africa and Regulations
  • Finding a good Forex broker
  • How to trade Forex
  • History of online Forex trading RSA
  • Why Trade Forex in ZAR?
  • How to determine your trading strategy
  • Strategies for part-time traders
  • How to trade forex in South Africa?

What is Forex Trading?

FOREX also referred to as the ‘FX market’, ‘Foreign exchange currency market’ or ‘currency market’ is the world’s biggest financial market. Essentially, the forex market is the place where investors, banks, governments, businesses and traders draw closer to buy, sell, exchange and conjecture on currencies. The FX market or currency trading market is huge and the majority liquid market on the planet with an estimated turnover of $5.3 trillion.

In a simple definition, forex trading is the act of buying and selling a foreign currency. You exchange currency so that you will be able to use in the foreign country to buy services, pay transport or pay accommodation.

Starting trading forex trading currency and making money online is easy. Forex market is always about currency pairs. Forex Trading comes in pairs, like USD/EUR, GBP/USD, USD/ZAR, USD/JPY, etc. Everyone can become a successful trader in forex, all you need is to open a forex trading live account in South Africa with a forex broker and start trading. Foreign exchange trading or currency trading is by far the world’s most-traded financial market.

Top 10 Best Forex Trading SA Sites

  1. ForexTime
  2. AvaTrade
  3. CM Trading
  4. IronFX
  5. FXPro
  6. IG
  7. SAXO Bank
  8. FXCM
  9. XM
  10. 24Options

Forex in South Africa and Regulations

Forex South Africa has become increasingly popular among traders. Many people became aware of the forex market since the initial start-up of the internet. However, RSA started participating in foreign exchange about 17-years ago.

During this time, there were no regulations or institutions such as FSB that prohibited people or companies to start their own online forex trading companies. This led to forex investors and traders losing millions of Rands due to fraud. To make sure that traders do no lose their money, regulations were established to prevent fraudsters from scamming people. Regulators also make sure that brokers follow the law and they provide insurance for the traders’ funds.

The Financial Services Board (FSB) is the institution that protects South Africans in the non-banking financial sector. When you choose forex trading brokers, you are advised to always check the FSB Financial Service Providers list to see if your broker is regulated and for what instruments.

If the selected broker is not regulated by the FSB, check if it’s regulated by another regulator such as the FCA (United Kingdom), CySEC (European Union) or ASIC (Australia).

Forex Trading South Africa

Finding a good broker for Forex trade

When you want to invest in forex trading RSA, you need a forex broker who will be your interface with the market even if it’s done via online trading platforms. The currency exchange market is indeed an interbank market, trading place between the major international banks and a virtual meeting for traders sharing the same interests.

When you find a broker you are interested in opening a forex trade account with, open a demo account and see how their trading platforms work. Read reviews from various sources to see if they are real and regulated in your country. You can also use Google to search the broker online. Forex forums are another place where you can get feedback from people who are already trading with broker. They share both bad and good experiences with various forex brokers.

How to trade Forex in South Africa

How to start trading Forex? Before you begin forex trading, you need to decide which currency pair you wish to trade. There are over 65 currency pairs to choose from. You then decide on the type of FX trade, whether CFDs, Commodities or Forex. After you have decided what you want to trade, you can buy or sell currencies.

Forex is traded in pairs, this of USD / ZAR, USD is the base currency and ZAR is the quote currency. For example, One US Dollar costs R13.41. Imagine you buy 1 000 US Dollar and you pay R15 910 ZAR. Later that day, the USD rises. When you close your position by selling the USD 1 000, you will receive ZAR 16 160. Meaning you will receive a profit of ZAR 250.

But imagine if the USD decreases later that day, when you close your position by selling the USD 1 000, you will then receive ZAR 15 660, losing ZAR 250.

Forex Trading SA

History of online Forex trading

The forex market essentially came into life in 1875, with the birth of the Gold Standard Monetary System. This was a system through which each country fixed an amount of their currency to an ounce of gold to signal its value. The price of gold fluctuated between currencies and this soon created a currency exchange system.

World War II marked the end of the Gold Standard Monetary System and brought to life its replacement; the Bretton Woods System. This new system was implemented in 1944 and placed the US dollar as the world’s reserve currency. It was short lived however and came to an end in 1971. In 1976, the modern Forex market sprung into life with the introduction of floating exchange rates. By the mid 1990′s, forex trading starting taking place on the huge electronic market that we use today.

Why Trade Forex?

  • When you trade currencies, brokers make sure that they give you powerful forex trading platforms. You can trade currencies manually or use automatic trading.
  • Most brokers are internationally regulated online forex trading companies, so you can trade peacefully.
  • Trade leveraged trading up to 400:1 leverage on popular traded currency pairs such as USD / GBP or USD / EUR
  • You get a chance to trade more than 60 currency pairs. You can trade major, minor and exotic currency pairs.
  • Trade with low spreads
  • Most brokers offer demo accounts for practice, as well as free manuals for forex education.
  • You also get to choose from a wide variety of languages
  • Guaranteed 24 hour, 5 days a week multi-lingual call centre customer service
  • You can open a forex trading account with any of the above mentioned SA regulated brokers.

How to determine your trading strategy

  • Technical trading – most traders in the world use charts to learn forex and determine whether to enter or exit the currency trading trades. Technical traders refer to paying attention to price patterns. By paying attention to charts and weighing price, volume, volatility and timing, it is possible to find patterns that point out opportunities. For example, if the price of a currency does not fall or rise but frequently reaches a certain value, it is said to be in a stable position or found a resistance level. Many successful forex traders tend to take advantage of it and take a position in order to sell or buy. This trading strategy works well for some traders.
  • Fundamental trading – this refers to focusing on elementary indications of economic health. In this forex strategy, supply and demand for a currency choose the price. Most SA currency traders look at the central banks’ interest rates to determine which way the market might shift to.

Forex South Africa

Strategies for part-time forex traders

Not every trader is available to trade full time. In fact, some people who trade forex make their trades during lunch at work or at night when they come back from work. Trading forex from time to time makes people to miss opportunities to buy or sell currencies. Also, these missed trading opportunities might cost the part-time trader some serious money.

There are some forex trading strategies designed for part-time traders and they work based on a part-time schedule. For example, if you know that you only trade forex at night, you must employ a strategy that works best at night. There are certain currency pairs that are most active at night. A good example can be the American dollar (USD)/ Japanese yen (JPY) pair. When choosing a pair, it is crucial to analyse them and implement a trading strategy which will help you trade successfully.

Part-time forex trading comes with challenges and one of them is limitation. Unlike day trading customers, you will have to stick to a trading schedule which you follow every-day. Below are strategies for part-time traders who have an incoherent schedule:

Stop loss orders in forex

One of the best strategies for a part-time forex trader online is to monitor the price movement. Use your PC or laptop as your trading partner. There are foreign exchange trading programs designed to help you stop loss orders. This means that the program will alert you if the price movement drops or move against your position. This strategy also protects your money should the FX market works against you.

Know your FX markets

For example, you have a nine to five job every-day. The best time to trade is before you go to work and when you come back from work. The best strategy is to choose time with the most price action. Know which currencies are most active. Knowing the right time and most active currency pair will lead to you benefiting a lot from forex trading.

Price action in Forex trade

It is also important for part-time traders who trade now and then to implement a price action strategy. Analysing charts of currency pair is called “price action trading”. For instance, a Forex trader online takes a look at down bars and up bars which help them determine what the right time to close a position is.

What is a Pip in forex trading?

Pip in forex is an acronym for “percentage point” or “price interest point”. Pips are the smallest possible variation of a course anytime. When a currency pair increases or decreases, its movement is measured in pips. For example, if ZAR/USD moves from R13.36212 to R13.36321, it has moved a single pip. Pips are the fourth decimal place of the currency pair. But currency pairs that are calculated in hundreds, the pips is the second decimal place. A good example will be R13.36

Explaining forex pairs

Currency pairs in Forex trade are classified into three categories. We have major, minor and exotic currency pairs. The difference between these three pairs is that the major currency pairs are the most traded pairs in forex. Three major pairs are EUR/USD, USD/JPY and GPB/USD.

How to trade forex?

Online Forex Trading Platforms

Brokers offer a range of online trading platforms for both manual and automated online trading. The platforms also come with features and tools that cater for your trading goals. There are also demo accounts that are designed to help you practice before you start investing money.

Leveraged Trading in Forex

Leverage is given by the broker to modify traders to carry trading positions that square measure larger than what one’s own capital would otherwise enable.

How to calculate the cost of an online forex trading position?

When a currency trader opens a position with some of brokers, is not charged for commissions beside the spread. A spread is simply defined as the price difference between a trader might buy or sell an underlying asset.

Range of markets

You can trade over 300 trading products with economical pricing and quality. Trade over 60+ currency pairs, indices, commodities, 200+ equities and cryptocurrencies including Bitcoin Trading. You can also access over 50 top companies Amazon, Apple and Barclays with spreads from 1pt on South African shares.

How Do I open a Forex account in South Africa?

Before you open a forex trading account, you must decide on which account you need. FSB Forex Brokers offer different types of accounts.

Types of Forex Trading Accounts:

  • Demo accounts – Demo or practice account, uses fake or virtual money. Demo accounts are for training purposes. If you are a forex beginner, you need to practice with demo before trading with real money.
  • Cent Accounts – have a minimum deposit of $5 (+/- R80), Spreads from 1.5.
  • Standard Accounts – have a $100 minimum deposit (+/- R 1,400), Spreads from 1.3.
  • Micro Accounts – require a minimum of $100.
  • Mini Accounts – this type of accounts does not require clients have a minimum amount. Some brokers recommend mini accounts for beginners. It has loose spreads.
  • ECN Zero Accounts – require a minimum deposit of $500 and provide 0-pips spreads in exchange for transaction fee. Some experts don’t recommend this type of forex account for beginners; only experienced traders with sizable assets can choose it.
  • Premium Accounts – have a $2,500 minimum deposit. Premium accounts give traders access to a wide range of expert advisors and auto-trade benefits.
  • VIP Accounts – require a minimum deposit of $20,000 or more.

After you have decided which forex account you wish to choose, you can sign up an account with a broker. After signing up, the broker will verify your information through a phone call and you will also be required to submit supporting documents such as copy of your ID.

Forex Market Trading Hours

Forex trading hours in South Africa, Forex trading works 24/7 and 5 days a week except for the weekends. The main trading centres are in New York, Tokyo, Hong Kong, Paris, Sydney, Frankfurt, Zurich, London and Singapore. However, banks across the globe also participate in trading.

  • Sydney Open – 07:00 AM Sydney Close – 4:00 PM (US Time) – 08:00 AM in SA
  • London Open – 08:00 AM London Close – 4:00 PM (US Time) – 06:00 PM in SA
  • Tokyo Open – 09:00 AM Tokyo Close – 6:00 PM (US Time) – 10:00 AM in SA
  • New York Open – 08:00 AM New York Close – 5:00 PM (US Time) – 11:00 PM in SA

Benefits of Trading foreign exchange

It’s no surprise that trading foreign exchange is one of the most popular forms of online currency trading. In recent years, we’ve seen the rise of the currency trading globally. The foreign exchange market has many benefits for a trader which they enjoy. Below are 5 benefits of forex trading:

A free market

As you already know, brokers don’t charge traders any fees on trading transactions. There are no fees that traders have to pay. Forex trading companies South Africa are paid through the spread representing the difference between the purchase price and the buying price of a currency. However, some brokers will charge you a commission on a certain number of transactions.

A market that never goes to sleep

Unlike other financial sectors, the FX market opens 24 hours a day from Sunday evening to Friday evening. For forex traders, this means they can trade stock anytime they want depending on their schedule. This also means that traders can combine their professional life with trading activities anytime.

A market where traders win on both rises and falls

Forex is based on the prediction of the currency (e.g ZAR / USD). You predict whether the currency will fall or increase. Since forex is traded on pairs, it is beneficial to traders.

A market free from manipulation

Since forex is the world’s leading market, it is difficult for people to manipulate it. Traders must follow future trends to speculate how the currency will turn out to be. More than $5 trillion is traded daily which makes it the most liquidity market.

A predictable market

On the foreign exchange market, it is easy for you to avoid losing lots of money. There are usually some announcements made stating that there might be an interruption on the currency rate. To avoid this, you need to be on the lookout, check out forex trading tips, read Forex South Africa news, visit the best forex trading website which usually announces latest Forex SA news.

Disadvantages of Forex trading

Although trading Forex comes with lots of benefits that attract investors, it also has disadvantages that affect investors and Forex traders. Over the years, the foreign exchange market has become an important financial sector. Below are the disadvantages of trading foreign exchange:

A market victim of its success

With FX trading, there are lots of transactions that are processed every day. Although it is rare for online trading platforms to make errors or tailback, sometimes technology might affect you. If you placed an order, it might delay to take them into account and you risk losing all your money due to the technique. However, most trading platform developers have taken into account that this makes people lost money. They now offer the ability to place an order through your mobile device.

Robots analyzing data

Since forex trading is done via the internet, online robots are responsible for making analyses that guide investors and traders to make choices. The analyses we are referring to are the graphs that are used to study the movement of currencies. Since these robots are only artificial intelligence, sometimes they make errors.

Using leverage with caution

The leverage on the FOREX is a tool to multiply its profits. But to some extent, it can make a trader to lose money when it multiples the same losses. All traders are advised to pay attention to their position.

High volatility

Forex trading is one of the highest volatile financial markets on the planet. This means that traders can make huge profits, however, high volatility can also lead to huge losses.

Risk

Trading forex is more risky. You can lose lots of money if certain currency movements don’t move to your advantage.

Understanding of the FX market

It is important for traders to understand the fore since it’s a very complex financial market. It is important that you learn about different types of online trading before you start trading. Also come up with trading strategy or plan which is suitable for you.

Leverage

Forex is one of the most leveraged markets. Meaning you can encounter some huge losses which might even exceed your primary deposit.

Lack of transparency

Forex is an over-the-counter (OTC) market, which means that a trade is made between two parties without the supervision of a stock exchange.

Frequently Asked Questions About Forex Trading

Get answers to the most frequently asked questions about trading foreign exchange, forex for beginners, forex trading education, trading strategies, currency trading, forex markets, and foreign currencies.

What is forex?

Forex or FX stands for Foreign Exchange (Exchange Currencies).

What is forex trading?

Forex trading is an act of you buying foreign currency at bid price and selling it at higher price in future to make profit. Forex Market is the place where one can trade in currencies. Price of one currency is always determined in another currency because you always buy one currency using another currency. For example you trade in ‘currency pair’. The price is always given as USD/INR, USD/ZAR, GBP/USD, etc. using Standardized Currency Code.

What is Online Forex Trading?

Forex trading, also known as FX trading or foreign exchange is an act of buying one currency using another. The most trade currency pair is USD / GBP. Forex market has an average daily trading volume of $5.3 trillion.

How does forex work?

Forex trading works the same way as online trading. For example, USD / ZAR is your currency pair. US Dollar is your base and ZAR South African rand is your quote. When buying the currency pair, you are buying USD using (selling) ZAR currency. When selling the currency pair USD / ZAR, you are buying ZAR using (selling) USD.

What are forex rates?

In the currency exchange world the pairing of the currencies is conferred as a rate that reflects the magnitude relation between the values of the 2 currencies. Take for an example, the rate for buying the pair USD / ZAR is 1.00, that is R1 = 0.071 United States Dollar ($).

Forex trading is an act of you buying foreign currency at bid price and selling it at higher price in future to make profit. Forex Market is the place where one can trade in currencies. Price of one currency is always determined in another currency because you always buy one currency using another currency. For example you trade in ‘currency pair’. The price is always given as USD/INR, USD/ZAR, GBP/USD, etc. using Standardized Currency Code.

What is the best stock trading website for beginners in Johannesburg?

Well, we only recommend the ones listed on our site. They are more trustworthy and reliable. You can also use their demo forex accounts to practice using virtual money before using real money.

What is online trading and how does it work?

Buying and selling stock or anything online is referred to as “online trading”. Brokers buy and sell stock online through forex investment and they charge people a commission. To become a forex broker, you need to have a license that permits you to trade stock through exchange.

Is it safe to trade online in South Africa?

Yes, it is safe to trade currency. In fact, make sure that the broker’s website is secured with an SSL Certificate to avoid your information being stolen or leaving your sensitive information on the website. Nonetheless, we recommend you trade with trusted forex companies. Do your research to find out if the company is legit and not just some online scam.

Is currency trading in South Africa legit?

Currency trading is real and legal in RSA. However, some people come up with forex South Africa scams online. Forex market regulators work day and night to eliminate scammers who rob people their hard earned money through forex investment.

Is forex trading in SA legal?

Forex trading is legal as long as you follow the laws and regulations of the forex markets to avoid money laundering and you provide your income tax.

What is a binary options broker?

Binary options broker is a person or a company that runs a financial option whereby the payoff is either some fixed economic amount or nothing at all.

Is binary options a gamble?

Binary options in some parts of the world is seen as a form of gambling. Some binary brokers and outlets have been exposed as scams. Some part of financial investments regard binary option as a high-risk.

How do I start investing with little money in Forex market?

Well, it’s easy, start by saving every month. Avoid spending your money on unnecessary things. Save with a goal in mind. When you are done saving money, use your savings. Begin to trade forex or binary options little by little. There’s no rush, take your time to avoid risks. This saving strategy works better for forex trading beginners.

How much money do I need to start forex trading in SA?

It depends on the forex brokers South Africa, for example, some brokers require you to deposit any amount between $5 and $500 to open your forex account. The quantity you deposit can impact the quantity of leverage you’ll be able to use in your trades, as equity and margin are essential in Forex trading in SA.
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Can I lose more than I invest in Forex?

Normally you can’t lose. Brokers never let a trader lose more than funds available on their trading account. When the balance in your account approaches zero, brokers close your position. The loss which is large than the trader’s deposit is a loss of the Forex broker. Brokers must prevent this kind of loss.

Can you trade South African Rand in Forex?

The answer is yes, traders can trade the South African Rand. The rand (sign: R; code: ZAR in Forex Trading) is the official currency of ZA. Currency traders commonly trade ZAR. Some best brokers pair the Rand with other currencies such as US Dollars, the Great British Pound and Euros. For example, USD / ZAR or GBP / ZAR.

How many times a day can you trade forex?

You can only make five trades per day. You don’t have to overdo it. Furthermore, we can always recommend additional reading. We are here for you.

What is foreign exchange rates?

In forex, foreign exchange rate is the rate at that one currency is going to be changed for another currency. It’s additionally considered the worth of one country’s currency in relevance another currency. Foreign exchange rates can change and there’s no guarantee until payment has been processed. For example, the exchange rate for USD to ZAR is 1 United States Dollar equals to 14,43 South African Rand.

How can one be a successful trader?

Becoming a successful forex trading trader comes with practice. You cannot wake up today as a successful trader. Do your research, find yourself a mentor (someone who will guide you), develop forex trading strategies and use demo accounts to practice more. Furthermore, if the market is favouring you, take advantage of it. Remember, you also need to teach others so that you won’t forget your foreign exchange trading tips. Sharing is caring.

Is it easy to trade forex?

Forex trading in Africa is easy once you understand how it works. Remember to start off with demo accounts before trading using real money. Also learn different forex terms so that you will know exactly what you are doing.

How can I learn trading forex online and become a successful forex trader online?

Forex is just like any other work. There are many forex trading beginner’s guide you can find online. Some brokers also offer free course where you can learn trading jargon.

Who regulates forex in South Africa?

The Financial Services Board (FSB) regulates Forex trading in SA. It supervises and regulates the non-banking financial services industry including investment schemes, forex, stock market, financial advisors and many more.

How to find best Forex trading sites in SA?

Finding the best Forex trading SA sites is easy. Thanks to Google which makes it possible for trades to find what they are looking for. You can just search “FOREX trading” and trusted forex trading brokers will come up on the Google search. You can find brokers in Johannesburg or Cape Town. Alternatively, you can sign up with the above FSB regulated brokers.

After finding a trading website, you will be able to sign up and starting trading currencies. For example, you can sell 200 US dollars to buy ZAR online.

How to open a forex trading account in South Africa?

Before you open a live forex trade account, you need to understand how forex works and market analysis. You need to understand that the currency market here might be different from another country. Here, trade forex involves taxation. The South African Revenue Services (SARS) taxes trading profits for forex traders who trade in SA and make regular profits. According to SARS, Tax rates range from 18% to 42% depending on the amount of profits generated and other factors relating to each individual’s tax status.

You also need to have knowledge about the regulation in your jurisdiction. Brokers in South Africa are regulated by the South African Financial Sector Conduct Authority (FSCA), which is is responsible for market conduct regulation and supervision. Forex brokers, who are licensed and regulated by the FSCA, are not permitted to give clients’ information to third parties and are required to maintain trader funds in separated accounts.

How to trade forex in South Africa?

You need to understand the foreign market before you start forex trading. The market opens 5 days a week from 5pm EST on Sunday until 5pm EST on Friday. Below are steps to take before you begin trade forex:

1. Step 1: finding the right forex broker

With the help of the best South African forex brokers, you can run trading strategy smoothly, both in technical analysis or fundamental skills. But you also could end in failure if the broker you choose turns out to be of poor quality. Characteristics of a good Forex trading broker is not rigging its clients. To find out which cheating broker, you can see from regularity and by trying to trade on demo accounts.

For new traders may be more important is using the demo account to practice forex trading currency skills. If you are a new trader, remember to start your trading experience only with a demo account! You certainly don’t want to want to lose money because of the first error, isn’t it?

2. Step 2: learn the basics of forex

If you’ve found the appropriate forex broker, then it is time to shift the focus of information about forex. You can get it easily from sites provide a variety of forex information.

There are many articles and websites dedicated to the basics of forex, you need to do is simply type in Google about “the basics of foreign exchange market”. You will find everything you want, even more. This step should not be taken lightly, as it tries to trade without understanding how the market works is extremely risky.

3. Step 3: forex education

Forex trading education is like no other education. The subject of fx education market is very messy, so that education about it also likely fared the same. There are no fixed rules in foreign exchange market movement, otherwise it is unstable and likely to be dynamic.

To be successful you have to learn new things about forex is regularly and continuously. Try to read many books, articles, and hear the opinions of other traders. The more learning, then you will be more educated and experienced.

4. Step 4: develop a forex trading strategy

When learning you will be satisfied with seeing and trying other people’s strategies, or even follow signals given other currency trader. But remember, your goal is actually to be able to develop its own strategy. In order to do so, not only needed repair for one hour only. You will be obliged to follow the development of trading and the forex market day by day. Thus you will not only create new strategies, but also able to repair if the error and failure when trading currency.

The improvements should continue to do until you find the most appropriate strategy. After the strategy is found and the system is fixed, then it’s time to enjoy your forex trading currency results. Furthermore, forex trading will be a real pleasure, which leads to Your financial freedom today and in the future.