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FREQUENTLY ASKED QUESTIONS


1 Never traded before. I really want to learn how to trade the forex mkts. I want to learn the how's, why's and the when's. I have seen lately much about the "robot" trading systems, such as Fapturbo, etc. Also reviews about them, all very favorable. Do you recommend a "robot" trading system? I personally think that trading with a "robot" trading system takes out "fear and greed", the two emotions that are mostly involved with trading. i guess that is what you want, right? Anyway I still feel that to be a true trader, that you need to be educated.Thanks,Don
21-Apr-09
Don, Great to hear from you! I appreciate your question. I look forward to helping you. The Forex is fantastic. It just offers all the best parts of investing particularly for individuals. The Forex allows 'the little guy' to really take ahold of his own investment portfolio. Of course, it allows little money to act big (leverage), its' open 24hrs a day (so convenient), and its ultra-liquid making for quick, easy, low cost trading. Obviously, it can't replace every other type of investment, but for those of us who have some free time, want to learn a new skill and desire to take our personal finances into our own hands it is absolutely perfect. I am a full-time professional trader. I can also help "mentor" you by providing you one-on-one teaching and resources (books, videos, etc) to learn. I have MANY resources that I can provide you. I think its great to learn patience and discipline, build a detailed trading plan and trade your own funds carefully and slowly. Its exciting, interesting and fulfillling. I will explain all your options about what accounts you can open, what choices you have and so on. Please contact me direct at info@idealworldforex.com
2 HI, I am using a MAC computer where is the download?
04-Sep-08
http://www.apple.com/macosx/applications/virtualpc MAC OS users: Mac Users will need to purchase and install Windows emulation software in order to use the GCI trading system. The purchase price is approximately $240.00. Just open a live account with us, trade at least 20 lots round turn (or 200 mini lots), and we will credit the purchase price of the software to your trading account. You'll always have the windows emulation software on your Mac, which you can use to run other windows based applications if desired.
3 How much money do I need to start a trading account with you?
24-Jun-08
The minimum is USD$1000 for a regular forex account and USD$2000 for a CFD/Share Trading account in which you can trade both foreign currencies and shares, indices, commodities like oil, metals, bonds and much more all on leverage. See this link for list of complete products: http://www.idealworldforex.com/specifications.php
4 what causes the AUD to go up?
21-May-08
commodity prices including both metals and oil as well as carry trades in the high interest yielding aussie dollar are all reasons for the rise in value vs. the USD
5 How does chatting works?
21-May-08
In order to chat with the operator or admin, click on the live support icon on the site and enter your name and click on chat. You will be connected to operator who will asist you.
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Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Increasing leverage may increase gains or losses on any given trade.