Hi all,
Is forexwebtrader a good forex broker? Have you ever use it to trade forex ? Please share your experiences, good or bad, while using www.forexwebtrader.com
I am looking for forex broker that offers low minimum deposit of $25 through Paypal, using metatrader platform, best if it is regulated. Thanks
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Hey folks,
I am looking for a new broker for Stocks and Forex.
I have been using TD Ameritrade for stocks for a few years.
Pros: Like their platform.
Cons: They don’t do forex and their commissions are high.
Opened an account with Interactive Brokers last week.
Pros: Brokerage fees are cheap and they cover stocks and forex (and others).
Cons: I don’t like their platform or margin leverage.
Opened a “Paper” Think or Swim account last week.
Pros: Like their platform better than IB’s but not as much as TDA’s. Margin leverage perfect.
Cons: Commissions are high.
So, here’s what I require and am still in search of. Hopefully ya’ll can point me in the right direction.
I need:
A very user-friendly platform
Ability to trade stocks and forex
Low commissions
Margin of 2:1 for stocks
Margin of 100:1 for forex
I have a joint account and an individual account with the same Forex broker. Would it be illegal if i were to go long on one account and short on the second account on the same currency? The goal is to collect the rollover interest after a week. It seems like a strategy that’s too good to be true.
Would i suffer any tax consequences if i transfer funds from the account with the capital gains to the account with the capital loses to make things equal again? The reason i ask is because the joint account is co-owned by someone else.
The reason i can’t short and long the same currency on one account is because the broker’s trading platform doesn’t allow it.
Currency Forex Trading: The Book on How to Make Profits
