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Old 24th April 2009, 03:18
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Default Newbie needs advice

hey I am a newbie and im doing a marketing project for my company on FOREX, im looking for experienced traders to answer a few questions?

Mainly just about how they found out about FOREX? what made them decide to trade? How successful they`ve been (doesnt need to be money specific just in general)? Most importantly im looking to see what motivated them to choose their particular broker and why? internet based vs branch based? Is a personal relationship between broker and trader a good thing? What factors they look for when choosing a broker (i.e. leverage, commission, support?)?

Id love any feedback even just if its for one or two of the above questions? if you want you can reply through this thread or through a PM.

Once again thanks for taking the time to read this and hopefully replying as I need all the help I can get!!!
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Old 24th April 2009, 13:25
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1. I've found out about Forex on one of the forums back in 2005.
2. Interest.
3. Profitable but wouldn't be able to live from just trading.
4. I am currently trading with the broker I've started with, which I had chosen because of the low minimum account size required.
5. Internet based.
6. Don't know.
7. All factors are important. But support, platform and deposit/withdrawal methods are most important, in my opinion.
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Old 27th April 2009, 16:41
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1. On a forum back in November 2005
2. Needed to make money
3. Relatively profitable, it's a nice income on the side
4. fxopen
5. definitely internet based, reading traders experience & advertising
6. A personal relationship is very helpful
7. I have a list of factors
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Old 29th April 2009, 16:04
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Quote:
Originally Posted by smurphy View Post
hey I am a newbie and im doing a marketing project for my company on FOREX, im looking for experienced traders to answer a few questions?

Mainly just about how they found out about FOREX? what made them decide to trade? How successful they`ve been (doesnt need to be money specific just in general)? Most importantly im looking to see what motivated them to choose their particular broker and why? internet based vs branch based? Is a personal relationship between broker and trader a good thing? What factors they look for when choosing a broker (i.e. leverage, commission, support?)?

Id love any feedback even just if its for one or two of the above questions? if you want you can reply through this thread or through a PM.

Once again thanks for taking the time to read this and hopefully replying as I need all the help I can get!!!



1. I've found out about Forex on a forums back in april 2006
2. Need to make money
3. Profitable
4-not sure
5. Internet based. mostly -advertising
6. Relationship
7. All factor you say is very2 important...mostly support
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Old 5th May 2009, 09:53
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I have studied financial economics and from the time i studied i was knowing what is forex. but interest generates after my friend tell me how he is making decent amount only by spending couple of hours in front of monitor.
No limit to earn returns forces me to trade.
I chosen my broker because my friend told me about their outstanding service and what else a rookie trader wants.
Each point is important while selecting broker. But most importantly withdrawal should be hassle free and very specific.
Yes absolutely personal relationship always works for both.
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Old 15th May 2009, 18:59
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1. A couple of friends were into forex
2. Making money under my own rules (no time to do, or place to be at etc.)
3. Profitable
4. When I started I tried 2diff demo accounts. Then I chose acm because of their regulation and because they have 4 very complete and easy to use platforms.
5. internet based
6. You have to trust and feel comfortable with your broker.
7. every factor is very important: regulation, spreads, support, no-re quote, platforms…
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Old 24th June 2009, 22:33
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Your 7th point is the best, always cross all your T's & dot all your I's in Forex, every aspect of your trading is very important.
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Old 28th July 2009, 11:21
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yes, each factor plays an important role to evaluate forex broker and determine which suits us best.
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Old 28th July 2009, 14:34
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1. Friend told me about it.
2. Great possibility of profiting
3. Sometimes good, sometimes not so good
4. By reading some reviews over the internet
5. Yes it is, its easier to communicate
6. Commission, support, scalping, etc.
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Old 6th August 2009, 10:01
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hmm... Thats means your friend must be very smart and intelligent in forex trading....

Kidding...
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