In 2016, the Central Bank, without knowing it, breathed into Forex new life. He did this, of course, not on purpose, but in search of new sources of funding for the budget, which is shrinking quarter by quarter, but that's not about that now ...

Since 2016, the activities of all Forex brokers must be registered on the territory of the Russian Federation and the Central Bank must issue a company license for the relevant activity.

It’s not that the Central Bank is well versed in Forex, but at one time it absorbed such a structure as the FFMS and is now the only regulator of exchange activities in the Russian Federation.

Of course, after the registration of brokers in Russia, the income of traders will not be able to slip away in the ephemeral financial field of offshore companies, which means that they will have to pay personal income tax.

The licensing system of the Central Bank works simply but reliably.

Are fraudulent companies ready to pay taxes and pass the certification of the regulator? Of course not.

They appear and disappear throughout the year. If the broker is obscure and tries to wishful thinking, he is refused. Moreover, at the legislative level, the activities of forex brokers who do not havelicenses (within the jurisdiction of the Russian Federation). What do we end up with? An excellent filter, where serious companies are separated from outright garbage. But what is today's foreign exchange market suitable for, and how to make money on forex from scratch?

Those who are beginning to be interested in stock trading are wondering if do they make money on Forex? It is rather difficult to give an unambiguous answer, since you can earn money on the international currency market, but your profit depends directly on the efforts and knowledge you put into it. In this article, we will try to tell you in detail about whether it is possible to make money on Forex.

Is it possible to make money on Forex in reality

According to statistics, the turnover of currency on Forex is $4.5 trillion a day. Given the dynamics of trade in this market, it is predicted that in 5-7 years the turnover will increase to $10 trillion. Do they make money on Forex? - Certainly.

In Russia and Ukraine, it is only gaining momentum. Whereas over the past 15 years there have been thousands of fraudulent brokers on the market, today the average customer has wised up and chooses only large regulated and licensed brokers, some of which also provide services in the stock markets.

There are a lot of negative reviews in the network, in which traders say that it is impossible to make money on Forex. Various facts and statistics are given. But in fact, all these reviews are far from the truth.

Those who have already tried their hand at trading and could not achieve anything believe that no one can earn money, since they failed. Naturally, they it's a shame and they believe that the market, the broker, something else is to blame, but not themselves.

A few years ago, entire blogs were created dedicated to the fact that it is impossible to make money on Forex. But then, these sites began to disappear somewhere. Apparently, people lost their “resentment” and with it the desire to maintain their own page.

• On the other hand, more conscious traders who don't try to search" freebies", but they work. They understand that the losses in the market are theirs, and only theirs, their own failures and they themselves are to blame for them.

Whether they make money on Forex, you need to ask not those who studied for a week and lost money, but those who have been doing this for years, and I think you understand - the answer is obvious.

To the question " » such traders will answer unequivocally "yes", even if the current state of affairs in their account is not in their favor. The thing is that these investors are well aware of the reason for their current failures and will make every effort to ensure that this situation does not happen again in the future.

Video - Is it possible to make money on Forex today

Is it possible to make money on Forex in Russia officially

For Forex trading in Russia brokers resort to three methods. Let's consider them in detail.

1. If the broker's total turnover is less than $5 million- this does not allow him to enter the currency exchange between banks. At this stage, brokers are interested in ruining the trader, because the trader's income comes from the broker's deposit. That is, when creating a new company in the Forex market, it has too few participants. Many clients are needed in order for the total amount of assets to allow trading between banks. And if the trader manages to make a successful deal, then the company will not have enough funds to pay it to the trader and other participants in the operation.
2. If the total turnover of funds exceeds $5 million, then the company enters currency trading between banks. The trader's income is no longer paid by the broker's assets. And at this moment the broker stops working against the trader.

Recently, there are practically no first cases. Only reliable companies remained on the market. In addition, Forex trading is now regulated in Russia. Brokers are licensed CB and must be included in SRO.

Consequently, in the current situation, it has become even more realistic to make money on Forex. Day trippers and scammers are a thing of the past. Only stable companies remain, aimed at long-term cooperation with traders.

• For example, the same one has existed for more than 18 years, and its monthly turnover reaches billion dollars.

Now you yourself will understand whether it is really possible to make money on Forex. We will simply write the main conditions of the Forex earnings market:

1. Brokers provide leverage to each client. This means that if you deposit $1,000, you will be trading $100,000. Leverage acts as a catalyst that speeds up the flow of customers. But what is a sure way to ruin for the layman, in the hands of an experienced player becomes an excellent tool. The ordinary stock market does not provide such opportunities. If the client is looking for an opportunity to launch an extremely risky trading strategy or he has very little capital, leverage can solve all these issues.
2. Minimum deposit. Forex has an extremely low entry threshold. The amount ranges from $10 to $100. This is an excellent amount for learning and understanding the basic mechanics of the foreign exchange market. To some extent, this also limits the maximum possible loss for the investor.
3. Simplicity. In Forex, you do not need to calculate the margin for futures, understand expiration dates and other nuances. The opening of the deposit takes place remotely. The account is replenished instantly, from a card, from a bank account, an electronic wallet. The withdrawal of earned funds is also almost instantaneous.

My guitarist friend recalled how when he was studying, they went and copied chords in notebooks, no one shared them, and it was a huge value. And now there are millions of songs and chords on the Internet, there are many videos and lessons.

Also with Forex.

Now all the data is open for training and analysis. A professional trader is no different from a beginner in terms of the availability of information. Is it possible to make money on Forex - even how, you just need to make quite a bit of effort.

Our example shows whether it is possible to make money on Forex

We want to show you an example of one transaction. Since we have been working with a broker for a long time, we will show an example of a transaction on a currency pair with this broker. After analyzing the market situation, we predicted a further decline in quotations.

We opened the platform, chose a small lot size and pressed the button SELL:

After a couple of working days, our forecast came true:

To make a profit on the account, you need to close the deal:

Result:

If you wish, you can earn on Forex.

Forex tax

To complete the picture, let's consider the currency market of the Moscow Exchange. Quite an interesting fact, but this section, like Forex, is not subject to tax control. What is it connected with? The broker is not a tax agent in this area because it is impossible to track the original value of the acquired assets.

Let's give an example. The investor deposits dollars into his account and sells them at the market rate. What in this situation will be the profit of the investor, and what will be the loss? The client is not obliged and does not have the opportunity to report to the broker at what price he purchased his dollars.

In the case of rubles, the situation is built in the same way: what prevents a trader who bought dollars from withdrawing them, cashing them out, and using them for their intended purpose: spending them on goods and services? Due to the impossibility of an adequate assessment of incoming assets, the tax inspectorate and brokerage companies offer citizens a concise wording: report on your own.

Naturally, an extremely small number of people will voluntarily decide to do this.

Real reviews of traders, is it possible to make money on Forex

Victor: I got acquainted with Forex in 2006. Year studied on a demo. Chose direction: technical analysis. I drew graphs, analyzed, spent 10-12 hours a day at the computer (fortunately, I did not work, I received a disability and a pension). Then he worked actively for 3 years. There were ups and downs, but there was also growth. In the 1st year, he increased his capital by 19%, in the 2nd year - by 25.8%, in the 3rd year - by 16.4%. Good indicators, no Sberbank will give such interest. And now - in rubles. I could not put more than 500,000 rubles without harming the family. I also could not help but withdraw profits once a year, because the pension was not enough. Forex gave me an average of 10,000 rubles. per month. Then he built an online store, began to earn more, quit his permanent job in Forex. But he didn't break up with him. I hold medium-term positions in three currency pairs, I also earn 10,000 per month, but
it happens without hassle, without that colossal tension with which I worked for 3 years. And in the end I confirm: you can earn on Forex. But this is work. Colossal work. And a lot of stress. And one more thing: with sufficient experience, your annual interest will be the same as mine. And the amount of earnings will directly depend on the amount of the deposit. Just don't get carried away. My friend sold the apartment he inherited, invested all the money and merged it a couple of weeks later on the second deal.

Igor Selsky: I speak as a trader with 4 years of experience. First, you need to find a serious broker, not a kitchen, but those who withdraw money between. the bank and insures risks in a large bank, yes, the broker loses part of the spread, but this is a payment for reliability, there are few of them, but they exist. Secondly, starting with an amount of $100-$200 is nonsense, this amount does not hold drawdowns, and for scalping it is not effective at all.
You need to enter the market with an amount of $500 or more, while opening deals with a volume of no more than 0.1 lot. I advise beginners to trade only on the news of the US GDP level, for example yesterday, this news shook the market by more than 1000 points for all currency pairs where the dollar was present. When opening a deal with a volume of 0.1 lot, the cost of 1 pip is $1. With such crazy volatility, like yesterday with a penetration of 1000 points, you can calculate the profit from the minimum transaction yourself, this is at the minimum. So there is no need to say that they do not earn money on Forex. How they earn money, but you need to know with whom and when.

trader: Of course, you need to learn this, I’ve been trading for 5 years, I’ve made a profit, and I don’t need to monitor the chart for hours, I open the terminal 2-3 times a week and make 30-50% sometimes 100% profit. For beginners, I only advise patience, and deep study of the market, everything comes with experience, and not in the first week ... draw conclusions

mina writes: I started trading in August 2013. I still consider myself a beginner as I train and try to gain experience. I began to achieve success from the very beginning, because I invested 77 thousand rubles and in the first three months I earned 127 thousand rubles from them. Initially, I transferred 2 thousand rubles to my account, and then I reported the money in order to keep a deposit, because I set up a lot of trades and, in order not to burn out, I tried to report.

Top FOREX Brokers

• Alpari
• Forex Club

A professional Forex broker has a very wide functionality and a huge list of assets, including stocks, energy, futures, commodities and others. Regulated VFSC and in Russia CROFR. Recommended deposit to open an account $250 .. The company develops not only the Forex market, but also investment opportunities, such as investments in traders, trust management, gold coins and securities. The site has a huge training base, daily analytics, financial calendars, webinars and more. Since 1998, the broker has received many well-deserved awards and has international recognition.

On our site there is, where you will find a lot of evidence that you can make money on Forex and really. Even walking through the forums, you can meet people who make money on Forex constantly and have been doing it for more than 5-10 years, and for many Forex is their main job. Of course, there will always be more of those who failed to earn money, but this does not mean that it is you who will not be able to do it or that “it is impossible to earn money there”.

If you find an error, please highlight a piece of text and click Ctrl+Enter.

Good day, dear readers!

We have all heard about the huge opportunities to get rich by taking part in the Forex market game, but for most of us this topic remains hidden under some kind of dark veil.

Today I will make a desperate attempt to let the first ray of light and answer the "super complex" questions: what is Forex, how it works and how to make money on it. I will also lead you to understand one very important secret that always ensures the safety of 90% (!) of trading capital.

Spreads

In the stock and commodity markets, when opening and closing each transaction, a certain commission is charged, for example, 0.03% of its volume. The commission is the broker's income, without which trading would be impossible.

A broker is a company that executes a trader's trading orders (buys and sells shares, raw materials, currencies at set prices).

There are also brokers in Forex, but they profit not from commissions, but from spreads. A spread is a certain amount of money that needs to be paid only once at the time of opening a transaction.

For example, here is the spread for the USD/RUB (dollar/ruble) currency pair.

Let's calculate: 59.585 - 59.085 = 0.5 rubles. We will have to pay fifty kopecks to the broker in order to get the right to open a deal.

Spreads have their advantages, but there are also disadvantages: when they are too large, it is not possible to trade short-term or scalp (but more on that later). Of course, such huge amounts are not available in all currencies.

Most traders open trades with "major" currency pairs, where the spreads are tiny. An example is the EUR/USD pair (euro/dollar).

Let's calculate: 1.0661 - 1.0659 = 0.0002 dollars will be the broker's earnings from one transaction we open. In rubles, we will spend (if the dollar = 59.25 rubles) 0.01185.

Since the spread is charged immediately upon opening a trade, we will always see a negative value in the "Trade" tab of our terminal. For clarity, let's open a trade for the AUD/USD pair (Australian dollar/US dollar) on a demo account and look at the control menu.

We are in the red because the spread was paid from the account. we talk in a separate article.

Interbank trading

Do you listen to the economic news that is broadcast on the radio or TV? Then you probably heard such an expression as: "Moscow Exchange", maybe you paid attention to the "London Stock Exchange", "Tokyo Stock Exchange" and so on.

Exchanges, that is, buildings in which traders gather to trade - the path of the stock and commodity markets. The Forex exchange is not located in Russia, or in the USA, or anywhere else; trading is carried out exclusively on the Internet or, as traders say, on the interbank market.

The following follows smoothly from this difference.

24 hour trading

Trading on stock and commodity exchanges is conducted only at certain times, for example, the London Stock Exchange is open from 11:00 to 19:30 Moscow time, the New York Mercantile Exchange - from 16:20 to 22:30 and so on.

Of course, modern traders conduct their trades mainly via the Internet, but during non-working hours, even over the network, it is impossible to make transactions on stock and commodity exchanges.

Forex works around the clock. It is closed only on weekends (Saturday and Sunday), as well as on international holidays (March 8, New Year and others).

We will talk about the features of round-the-clock trading and the sessions into which it breaks up in the article “How to make money on Forex” - subscribe to updates so as not to miss anything.

Tick ​​trading volumes

In the stock and commodity markets, trading volumes are monetary. That is, if ten market players open one trade for $100 each, their total investment in the market will be $1,000.

In Forex, the volumes are tick - not the amount of money is fixed, but the number of open transactions. That is, if out of ten traders the first five open deals for $100, and the other five - for $1,000, the volume will be 10 - only the number of open positions will be fixed, the volume will remain hidden.

Now the difference between tick and money volumes tells you practically nothing, but this information will be very important when we consider indicator analysis in the Forex market.

Swaps

If we open a deal on the global currency market and close it the next day, that is, we make a "position transfer through the night", some numbers appear in the "Swap" column of the trading terminal, which can be positive and negative. What it is?

Opening a position in the market implies the following: we give our broker one currency, and in return he gives us another. Suppose we buy euros for dollars.

In order for the broker to give us euros, he turns to liquidity providers, which are usually large banks. Banks give the broker the euros that we need, as if on credit.

If we close our trade within one day, the broker will return the “credit” to the suppliers and will not pay any interest, but if the position rolls over overnight, the broker will have to pay interest. He himself does not want to do this and lays the costs on the trader. The latter will see them in the "Swap" column.

So far, everything is probably clear. Questions appear when the "Swap" indicates not a negative value (which, in theory, should be), but a positive one. Where could it come from?

The point is the following. The broker borrows the currency we need, but why shouldn't he use the money we gave him in return? Will the dollars we exchanged for euros just lie there? Of course not.

The broker gives the money received from the trader to the same liquidity providers so that they “scroll” it and then return it with a percentage. If we close the position during the day and demand our dollars back, the broker will not receive a percentage of them. But if we hold the trade and exit the market the next day, the suppliers will return a larger amount.

The swap will be positive if the interest earned on the dollars invested by the broker is greater than the interest on the loan on the euros he borrowed. This value depends on the interest rate - it will be discussed again in the article on. At the moment, the interest rate in the US is higher than in Europe, so the euro/dollar swap is negative (as seen in the screen above).

In a separate article, we analyze this concept in detail with examples.

Now you have a more detailed idea of ​​what Forex is, right? Afterwards, just be amazed at how your knowledge will grow.

Forex - scam or not?

Surely you have already been interested in this issue on the Internet, right? If so, then you will definitely come across information about fraudulent brokers, fictitious quotes that show terminals, instantly evaporating investments in PAMM accounts, and so on.

Another interesting option that I observed in many reviews: “I just opened a deal, and the price immediately went back, I was taken out by the stop, and the rise began again!”. One gets the feeling that indeed brokers are only engaged in robbing novice traders - innocent sheep.

In fact: according to statistics, 80% of all beginner stock speculators drain all their money in the first year of trading. Hence the mass of negative reviews on the websites of brokerage houses. But the question arises: is the market to blame? Professionals, oddly enough, consistently earn.

I witnessed a case when a successful trader, who had been “living” in the market for about fifteen years, suddenly “merged”: he overloaded the deposit and left it for the weekend when Forex was closed. Contrary to the expectations of many, a month later he was back in the game, a month and a half later he restored his deposit from $40 to the previous $1,000. Don't believe?

Let's leave the answer to the question that puzzled us for now and will not directly call Forex a scam, deceit, etc. In the next article I will give you a technique (“secret” mentioned at the beginning), trading by which you can protect against losses of 90% your initial capital (that is, the maximum that you will lose from, for example, 10,000 rubles invested - only 1,000, and then in the worst case). You will learn why Forex is not a scam at all and why you can successfully earn very good money here.

We don't say goodbye, see you soon!

To date, the daily volume of Forex trading is estimated in trillions of dollars, and the number of participants is millions of people.

However, for an ordinary Internet user, these figures seem to be just "dry" statistics. So is it really possible to make money on the Forex exchange? It is necessary to figure out how much they earn on Forex, how long it takes to start, what level of income a beginner should expect? We will give honest answers to these and other questions.

The content of the article:

Many people dream of making money on Forex. But is it really possible to make money on Forex? Can a beginner without an economic education count on success or has nothing to catch. It turns out that in order to achieve success, you need quite a bit.

Forex is a financial market that is designed to exchange currencies. Most often, those who use it earn on the difference in rates. In some cases, you can get huge profits, which reach huge amounts.

This process is called trading. How much more profit it will bring to the trader depends only on the trader himself. In particular, you need to have a lot of experience, knowledge, a correctly chosen strategy of behavior in the market, as well as a share of luck. In this case, the initially invested amount can be multiplied in a very short period of time.

Is it really possible for a beginner to make money on Forex? Honest answer

The answer to the question of whether it is possible for a beginner to make money on Forex is, of course, positive. However, the question in this case is the speed of learning and understanding the market. Exchange rates are a more understandable tool for a beginner than futures or stocks.

However, it must be taken into account that the apparent simplicity often leads to an overestimation by a novice trader of his capabilities.

It is possible to make stable money on Forex, but no one said that it was easy.

It will be possible to talk about whether you have a chance to become a successful and confident player after a few months.

How to get started for a newbie:

1. It is important to choose one currency pair and study it in depth.
2. Conduct daily market and economic analysis.
3. Learn the basics of technical and fundamental market analysis.
4. Apply the acquired knowledge to forecasting.

The InvestingNotes website has all the information you need for this list.

• If you approach the question seriously, then you yourself will be able to answer how much a beginner can really earn on Forex.

How much do Forex traders earn in numbers

As a rule, professional speculators try not to talk about their income. However, those who have achieved some success on the Forex exchange and shared some information about their monthly profits claim that the average monthly earnings of a trader varies within 5-10% per month.

Withdrawal of profit from Forex trading

It may seem to you that 10% is a modest figure, but if you take into account the annual period of time, then this is 120% without taking into account the capitalization of profits.

First of all, you need to remember that traders do not consider profit in dollars or rubles. The profitability of trading is calculated as a percentage. Because earning $100 a month by investing $50 and earning the same amount by investing ten thousand are far from the same thing. This is where the legends about fabulous earnings begin.

Many believe that experienced traders earn 1000% or more every month. There are indeed such players, but the amounts in management are not large, because a high percentage of profit will always be associated with a high percentage of risk.

Experienced traders are those who consistently earn 5% per month, sometimes having slightly more or slightly less profitable months. This is a little more than 50% per annum - a high yield by the standards of financial markets. But keep in mind that professionals work with a lot of money and often not their own, so high risks are immediately stopped.

Studying the reviews on various Forex forums, you can come across a lot of stories from users who have fallen victim to an unsuccessful deposit overclocking.

So, for example, one trader had to turn to a professional psychologist to get out of an emotional crisis.

According to him, it became known that for several months the man worked on the stock exchange, and his initial deposit was only $200 . The newly minted trader managed to “overclock” his balance to $20 000 . Entering the courage, he began to rush to make decisions, which led to a series of mistakes. As a result, the money left even faster than it came.

An example of our deal

We will show a real example of a trade and an example of how much you can earn on Forex. We have been working with a broker for a long time, so the screenshots will be from here.

After analyzing the currency pair, we assumed that the market would continue to fall. Therefore, we indicated a small lot size and pressed the button SELL(Sale):

At this point, we decided to close the trade in order to lock in the current profit:

You can always see the results below the graph:

Opinions of professional traders

Professional traders do not like to comment and talk about their strategies. Whether it is possible to make money on Forex, says their way of life. The most famous player in the foreign exchange market George Soros in his theory of reflexive analysis, he says that prices are controlled, and it is by examining it that one can achieve the greatest success in the foreign exchange market.

Let me remind you that Soros's deal against the British pound brought him more than a billion dollars in one trading day.

“Trading is extremely hard intellectual work, which I will never master.” – This is the opinion of the majority of novice speculators. This is a huge mistake, which, as a rule, leads to an unfavorable result. If you ask what professional traders think about Forex, you will get a radically different point of view.

Natalia Shnaider has been working as a trader for 12 years.

“It is safe to say that a trader is a profession for the broadest masses. Regardless of what kind of education a person has, he can always count on success in this area. I would cite my career as an example, because I have a pedagogical education and I am rather poorly versed in the exact sciences. Despite this, I managed to master all the rules of doing business in Forex. It is worth noting that success did not come immediately. There was a time when it seemed to me that it was better to quit everything and return to school to teach Russian literature to children, but at that moment something in me “clicked” and told me: “You will succeed.” And I did not lose! Just don't give up after the first failure.”

Ivan Tikhonov has been working as a trader for 8 years.

“I personally got the impression that today it is very difficult to find such an interesting area as Forex trading. It reminds me of some kind of game for adults, where you need a lot of knowledge and the ability to apply it at the most opportune moment for this. I am absolutely convinced that there are no insurmountable obstacles in the way of a trader. To do this, you just need to learn from really successful traders. If at the very beginning things go very badly in Forex, then this is not a reason to give up. You need to think in advance about what can be done to fix everything.”

Forex, according to successful players, is an excellent tool that allows you to earn real money, gain valuable experience and knowledge. Naturally, you will have to go through a series of trial and error, go through ups and downs. Nothing without this.

Reviews about earnings on Forex on the forums

A few recent reviews about Forex:

• Mikhail Krokva. The first $200 left the account within the first day. But I decided not to give up and go forward. I brought another $ 250 to the exchange and for several months now I have been receiving a small but stable income, and the deposit has grown to 545 bucks.
• Arina Moskolenko. I have been in Forex for more than three years. I can say, based on my own experience - it makes no sense for beginners to pay attention to the comments and reviews of other users. How many people - so many opinions. No one will ever think, much less work for you. Decided to do it.
• Kirill Prisenok. To be honest, I did not understand how to make money on such exchanges. I deposited $100 twice and always lost. I do not argue whether it is possible to make money on Forex or not, since my friend has been in the subject for a long time and raises it well. But I will say one thing - it is not for everyone.
• Evgeny Skalozub. I read a lot of reviews about the Forex Club. Traders strongly recommended this platform to beginners. Log in, register and open a demo account. At first, the deposit burned before our eyes, but after a while, when I more or less figured out all the tools and took a couple of training courses, things got better. At the moment I am going through paid training and in the near future I plan to deposit the first money into my account. I hope everything works out.

Beginner Comments

For those who want to start Forex trading, but for some reason do not believe in their strength and success, we recommend reading the comments of novice traders who managed to increase their deposits. Since it is in them that you can find not only the most important information, but also fresh memories of a negative or positive experience experienced. After analyzing most of the comments, we have deduced a certain formula for success for beginners, which looks something like this:

• Forex loves the hardworking. If you're looking for a freebie, then you've definitely come to the wrong place.
• The first failure and success are deceptive.. Do not give in to emotions, act based on cold calculation.
• It will take a lot of time for your earnings to become stable.. You have to not only read and study a lot, but also gain practical experience.
• Create your own strategy based on the experience gained. Carefully analyze every successful and unsuccessful trade.
• Forex is a fairly complex tool. A positive or negative result can be influenced by many factors, but the main reasons for this or that outcome are within the person himself.
• Forex provides unlimited opportunities. Here, personal growth depends only on your desire to move forward.

How long does it take to learn how to earn on Forex?

Usually, the question of when to learn to trade makes experienced traders smile, because, according to most successful investors, a trader learns all his life. Otherwise, with the advent of changes in the market, the old strategies will stop working, and the trader will stop earning if he cannot analyze the new conditions.

The main gross mistakes of novice traders - self-confidence and haste. Often there are people who think that for Forex trading it is enough just to put more money into the account and quickly conclude a bunch of transactions. Sometimes this leads to extremely disastrous results. Based on this, a completely logical question arises: - How long does it take to learn how to trade and make money on the stock exchange?

• Firstly Each person perceives and assimilates the information received differently.
• Secondly, someone can devote 2-3 hours a week to learning, and someone will sit and study materials all day long.
• Third The learning process never stops.

The time of success directly depends both on the mental abilities of a person and the time spent on training, as well as on other factors. As a rule, the assimilation of basic information takes 2-4 months.

Best Forex Brokers

Alpari

Experienced colleagues often give beginners fundamental trading advice. Most of these recommendations eventually become commandments for the trader that must be observed regardless of the circumstances.

1. Don't trade for the last. Any amount invested in currency trading, the trader must be prepared to lose completely. In no case should you trade on credit, especially if the trader plans to repay it from profits from transactions.
2. Coolness and self-control. A trader must control himself in any situation, never be influenced by emotions. Making rash transactions “on emotions” most often leads to the biggest losses.
3. The hen pecks at the seed. Do not start your career with huge lots. Strategies should be worked out on small transaction volumes.
4. Loss minimization. You should never forget about placing stop orders, otherwise a suddenly unfolding trend can very quickly empty the deposit of a careless investor.
5. treat easier. To become a successful trader, you must be able to put up with losses. They should not spoil the investor's working mood, and even more so drive him into depression.

Myths about trading in the foreign exchange market

The Forex exchange has been successfully operating for many years. During this time, she managed to acquire numerous myths, which, as a rule, come up with unsuccessful speculators who tend to blame others for their defeats in the currency arena. We offer to consider the most common rumors and fictions:

1. Myth - Success directly depends on the size of the deposit. For some reason, many are sure that you can become a professional trader only if you have several thousand dollars on your balance. This is far from reality. A huge number of successful traders entered the Forex market with a deposit of only 50-100 dollars.
2. Myth - Forex is a game of roulette. The web is full of comments and blogs in which people quite often compare the foreign exchange market to playing roulette, believing that the chances of making a good deal are the same as making the right bet in a casino. But this is far from true. There are many ways to predict price fluctuations using technical or fundamental analysis. For example, if Japan adopts a new monetary policy, then a new trend is set for six months ahead - Forex is a market.
3. Myth – For successful trading, you need to have a specialized education. This is one of the most destructive myths that can make a person doubt their own abilities. Of course, a specialized education would not be superfluous, but this does not mean at all that yesterday's doctor or lawyer cannot become a successful trader. You can find many real stories when people achieved incredible results in Forex, while they used to work as builders, teachers, etc.

Conclusion

Making money on Forex is real. But it is worth remembering that trading in the foreign exchange market is always associated with risk. Therefore, there is no need to rush. It is better to devote more time to your investment literacy. Approaching the matter with a large amount of knowledge and experience, you will definitely succeed.

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Who among you would not like to find a strategy that would give not a 10-15% increase in the deposit, but 100 or more percent of profit per month? These exist, but they have one significant drawback - they can completely drain your deposit in a couple of transactions. Therefore, they are used exclusively for overclocking the deposit, and when it reaches $5,000 - $10,000, they begin to use more conservative strategies with less risk. As a rule, pipsing is used to accelerate the deposit, therefore they are mainly used for trading, since they provide a small and do not limit the duration of transactions, as is done in other dealing centers. Be sure to specify the minimum duration of the transaction in the technical support of your broker, otherwise non-compliance with the regulations may result in the blocking of your deposit. Imagine that your deposit was doubled within a month, and when you decided to withdraw the earned profit, it turned out that all transactions lasting less than 5 minutes were canceled. Agree, an unpleasant situation, especially for those who successfully traded on this trading system. It should be noted that you can accelerate the deposit not only with the help of scalping, but also using various intraday strategies. Today we will look at the most profitable Forex strategies for both amateurs and traders trading on daily timeframes.

Trading system "Forex Profit Parabolic" - a universal strategy

Recently, the most profitable strategy has been created that can be used on any. First you need to open any chart and install the following indicators on it: Parabolic SAR with standard settings and three exponential ones with periods of 10, 25 and 50 for the H1 and M15 timeframes (this trading system shows the best results on them). After all the indicators have been placed on the chart, we need to specify the colors for our moving averages: for EMA 10 - pink, for EMA 25 - yellow, for EMA 50 - blue.

Entry rules

We will enter into purchases when EMA 10 crosses EMA 25 and EMA 50 upwards, and Parabolic SAR is below the price. If you trade on H1, then we will not be superfluous to see how the Parabolic SAR behaves on the M15 timeframe. If Parabolic on the 15-minute chart is also under the price, you can enter into buys, if not, then it is better to wait until it is under it, as this will save you from false signals. For sales, everything is the same - EMA 10 should cross EMA 25 and EMA 50 from top to bottom, and Parabolic SAR should be above the price.

Exit Rules

To exit an open position, you can use various strategies: a fixed take profit or , but the best option is the appearance of the opposite signal, that is, the reverse intersection of three moving averages. In our example, 275 old points were earned, which is quite good for one trade.

Safety stop loss

Despite the fact that "Forex Profit Parabolic" is a profitable trading strategy, you should not forget about setting it, since it is precisely due to the limitation of risks that this strategy is considered profitable. There are two ways to place stop losses:

The risky way is just below the EMA 50 to sell or just above the EMA 50 to buy;

The conservative way is at the level of the Parabolic SAR point, gradually moving it to the next point if the price moves in our direction.

Features of trading on the minute timeframe

When trading on small timeframes, you can earn much more by closing trades when you reach a few points of profit. In this case, the duration of the transaction can be from several minutes to one hour. For minute timeframes, you need to change the values ​​of the EMA periods to 25, 50 and 100, respectively. Otherwise, all the rules for entering and exiting a position remain the same. Before trading in real life, we recommend that you try out the strategy on to make sure once again that you have the most profitable Forex trading system in front of you.

The most profitable scalping strategy with accurate entries

Trading system indicators

This scalping strategy is an indicator trading system, so it is recommended to install the following indicators before starting trading:

Heiken Ashi. This indicator is a smoother Japanese candlestick that shows the overall trend at , devoid of market noise. If a blue candle appears on the chart, then with a 90% probability a bullish trend can be expected. When a red candle appears, it indicates bearish sentiment. Before following the signals of the Heiken Ashi indicator, it is necessary to wait for the signal candle to close;

EMA. For purchases, it is necessary to wait for the EMA 5 and EMA 8 moving averages to cross from below. For sales, the EMA crossing must be opposite;

Momentum V.T. This indicator shows the mood of the market at the current time - bullish or bearish. When the indicator curve crosses the zero mark from the bottom up, you should consider buying. For sales, it is necessary to wait for the curve to cross with level 0 from top to bottom;

Dinapoli Stochastic. This indicator is a smoother version of the standard indicator, thanks to which it was possible to reduce the number of false signals. You should sell when the blue line crosses the red line from top to bottom, for purchases - vice versa;

QQE. This indicator is based on the Force Index, which is a complex mathematical calculation of RSI lines with different periods. In the scalping trading system template, it is represented as arrows. When a red arrow appears, sells should be considered, and a blue arrow signals buys.

Entry and exit rules

It is necessary to open a deal only when the signals of all the indicators presented in the strategy template appear simultaneously. Before talking about the final formation of a signal to open a deal, you must wait for the signal candle to close. Only in this case can we talk about the accuracy of the signals and the profitability of the trading system. Take profit is not used in this strategy. We will exit when the following conditions are met: the appearance of an opposite arrow and the reverse intersection of the moving averages. Stop loss should be set at the level of the nearest minimum or maximum, adding 5-10 points as insurance against market noise and slippage. The exact fulfillment of all conditions guarantees you a high profit with minimal risk.

Profitable scalping.rar

Trading system "OzFx" - a profitable strategy on daily charts

Acceleration of the deposit is possible not only with the help of scalping strategies, which take a lot of time and are characterized by high risks. Trading on can also bring tangible profits. A striking example of a profitable strategy on daily charts is the OzFx trading system, the profitability of which lies in a special order management.

Characteristics of the OzFx trading system

As you can already understand from the description of this strategy, trading will be carried out on the D1 timeframe using two standard indicators: Stochastic Oscillator and AC. Absolutely any currency pairs are suitable as trading instruments. At the same time, the profit for this strategy can reach more than 800 points per trade.

Entry rules

After installing the strategy template on the chart, you must wait for the signal to enter the trade. For buying, the solid line of the Stochastic Oscillator indicator should cross the dotted line in the oversold zone, and the AC indicator should go into the positive zone (above the zero mark).

For sales, everything is the same: you need to wait for the oscillator's stochastic lines to cross in the overbought zone and the AC indicator to go into the negative zone (below the zero mark).

Important! Crossings of the stochastic lines only in the oversold and overbought zones should be considered as signals, other crossings should be ignored.

Exit Rules

Having decided on the signals of the OzFx strategy, it is necessary to set targets for taking profit. We will enter transactions simultaneously with five orders, each of which will have its own take profit:

for the first order - 50 points;

for the second order - 100 points;

for the third order - 200 points;

for the fourth order - 400 points;

we do not set a take-profit for the fifth order; an exit from an open position will be carried out when a reverse signal appears.

For all orders, you must set the same stop loss - at the level of the nearest maximum (for sales) or minimum (for purchases). If the stop loss is too high, set it at 100 pips.

After the first take profit has been triggered, it is necessary to transfer all open orders to the level. When the second take profit is triggered, the remaining orders should be moved to the level of the first take profit. The same must be done when reaching the third and fourth take profits. Thus, you will be able to avoid losing funds in case of an unexpected market reversal.

Free download strategy template: OzFx.zip

Above, free profitable strategies were discussed, the use of which will allow you to quickly disperse yours and maximize profits. You can choose one strategy that best suits your trading style, or you can apply several strategies at the same time, spreading the risks between trading systems. Despite the high profitability of the strategies described above, you should also not forget about following the rules. Even the most profitable strategies will sometimes trigger stop losses, so your deposit must be able to withstand small drawdowns in order to more than recoup all losses in the future and maximize profits.

2019-07-01T23:31:00Z

Many Internet users in the vastness of the World Wide Web meet such a concept as Forex trading, however, not many who are interested in this way of earning know where to start working in the currency market.

The Forex market, also called "Forex", is a global foreign exchange market that is truly profitable for an individual to invest. And it is aimed at everyone, but especially those people who have some experience or knowledge of stock trading. But how can a beginner start Forex trading? This is what we propose to learn in this article, thanks to a basic explanation about the basics Forex trading and beginner tips to help you get the help you need using the right tools.

To start trade in the foreign exchange market you need to have initial capital and Forex will help increase your financial resources. Before you start investing, you need to carefully study the trading technique, undergo training, and only then get to work. You can study on your own or with a broker of your choice.

Forex trading

How to start trading on the Forex market. Instruction for beginners:

1.) First you need to decide and choose a broker company that you can trust. There are a lot of them in the foreign exchange market. In order to find a suitable broker, you need to study the ratings and customer reviews, and only then make a choice based on reputation, trading conditions, positive and negative reviews, work experience, insurance system and many other criteria. Finding the best forex broker can take days, so be patient. Here you can read the full review of the Weltrade broker, and here is the review. On the broker's website, you can download the trading platform to your computer, tablet and smartphone and open a demo account for training.

2.) For Forex beginners, it is best to start trading on a demo account, which must be opened immediately. A Forex demo account will help you develop your currency trading skills in detail, and only after that you can switch to a real account. To find out what you want to achieve in the market, you need to decide on the goal. There can be two goals: take a risk and get a large profit and a stable but small income.

3.) The next step is to choose the type of investment, of which there are three types.
The first type is the use of special programs of robotic advisors that automatically make transactions on Forex and conduct technical analysis of the market.
The second type is when a trader independently trades and monitors the situation on the market.
The third type is the transfer of your business to a professional trader (PAMM investment).

4.) Next, you need to decide and choose a Forex trading strategy, this item can be called the most important step in independent trading. There can be several strategies, depending on the investment period: long-term, medium-term and short-term. A long-term strategy is suitable for those who have invested heavily. For beginner traders, a short-term and medium-term strategy is best suited.

What to look for in Forex trading

Before choosing the right and right strategy for real Forex trading, you need to study and test each one in detail on a demo account and then choose the most effective one for yourself.

Of no small importance will be the choice of a trading platform, information about which is available on the Internet and on our website. The most famous of which is the MetaTrader 4, 5 platform, read the full review.

Forex trading for dummies

When you trade Forex, you are "playing" with the evolution of the exchange rate of a currency pair. For example, when trading the EUR/USD pair, this means that you are betting on the value of the euro going up or down compared to the value of the dollar. Thanks to the online platforms offered by brokers, it is very easy to speculate on price changes. To make money in forex, simply buy a certain currency pair and wait for the price to rise or fall before reselling and thus you can charge the difference between the initial price and the final price. Of course, for this trade, you will need to pay the broker a commission called "spread", which corresponds to a small difference between the buying and selling prices of your currency pairs.

How to start trading forex if you are a beginner

If you really do not know anything about the logic of financial markets and how to analyze charts, it is better not to start trading forex. Before you start trading, you need to familiarize yourself with the basic principles of the market, and the main factors that affect the change in the price of a currency pair. Of course, if you do not want to delve into this area of ​​activity, you can invest in trust management of a PAMM account.

For example, PAMM accounts are managed accounts run by professional traders, as well as automated trading computer programs that open profitable positions without any human intervention. This investment option is especially suitable for those who do not have the necessary free time for independent trading in the market.

Of course, each of these trading methods has its own advantages and certain disadvantages.

The Forex currency market is only for experienced investors and is not suitable for beginners or curious traders who want to get "quick money". It is very difficult for beginners to start earning immediately and many make mistakes in currency trading and quickly suffer losses. Also, even if you don't know anything about finance, you need to practice Forex before you start using online trading platforms. Here are some solutions:

1.) Online Educational Materials: All brokers provide their traders with materials that enable them to learn Forex trading and adapt to the financial markets. In the form of videos or webinars, this data is practical and interesting.

2.) Personal training: By paying or opening an account with a larger deposit, you can also receive personal training.

3.) Demo accounts. In parallel with the theoretical training, you can use the free demo account to practice in real conditions, before finally moving on to real trading with your money, you will gain enough experience.

4.) After basic training, you need to learn to analyze the foreign exchange market yourself, without resorting to the opinions of others.

The main thing to remember is that before start trading forex real money, you need to go through training on a demo account for a couple of months. After completing the training, you can enter the real market and you need to start with a small amount so that you don’t feel sorry if something goes wrong. Entering the real market, it is best to open a small account and you can start trading on Forex.

P.S.

Pursuing trading in the Forex market you need to understand that income does not depend on luck and it is unrealistic to get rich quickly. To start earning income, a lot of time must pass and you will need to study the trading system very carefully. Many people want to start trading on Forex, but they do not have the required amount of funds and they are waiting until they collect the necessary capital, but this is not right. You should not wait, but you need to open a demo account and learn the intricacies of trading while gaining real experience.