Bulls, Bears & The Lion

[findvikas]

its 15 cents as of now.. and margin used is $ 14.32 ... 0.16% profit.

 

[trade4putuval]

its 15 cents as of now.. and margin used is $ 14.32 ... 0.16% profit.

Not bad!

Rajiv

 

[atulaw]

Vikas, which currency pair are you trading on?

 

[findvikas]

EURUSD short..

 

[findvikas]

Looking at USDJPY to go long

 

[PGDIMES]

My first Forex trade doing well... 3 cents ka profit after brokerage... :rofl: :rofl:

In which exchanges can u trade? Moreover can Indian citizens open an a/c with this broker?

 

[findvikas]

In which exchanges can u trade? Moreover can Indian citizens open an a/c with this broker?

sorry didnt get you what do you mean? Yes I am Indian

 

[trade4putuval]

In which exchanges can u trade? Moreover can Indian citizens open an a/c with this broker?

Good question.
Vikas, this is the same question running in our mind too.

I have interest in doing forex trading, but since you are trading in a US based trading platform, it means you need to have a SSN for that. How else will we (non-US citizens, hence non-SSN holders) submit the documents to start an account in another country?

Rajiv

 

[findvikas]

You can open account with Oanda for as low as 1$. Oanda charges as low as 1 pips for the Eur/USD pair. FX market is a 24hours market , but the different London, US trading session timings are important to know.

They will send you an autorization form and you need to print it , fill it, scan it and send back to them... also they ask you to fill W-8BEN form which is a declaration that you are a foreigner and pay taxes in your country and not liable to pay taxes in US... thats is...

watch out for indian markets and my current forex profit is 0.35%... please get some basic knowledge about forex first... I would not recommend to trade it as its highly based on speculation... I get frequent information from my friends in US so its not all that tough for me..

 

[findvikas]

It's just RIL holding back the markets... and I see heavy selling in RIL as well... they are in a mood to dump RIL I guess..