Would anybody pls give me some advice on forex trading? -

What are the best reliable websites for online forex trading and what are your helpful tips for the one who just started to get acquainted to this? Thanks a million! Forex is generally seen as being slightly easier than stocks because of the broad nature of it. You don t have to worry about which stocks are gaining or falling - you ve just got to keep your ear to the ground about the latest world events that might change the currency rates (I.E oil prices, economic difficulties amp; government spending). If you re interested in getting into Forex, I recommend you take a look at http://www.forexfromscratch.com which has a really interesting free book about starting off in Forex. It s a step-by-step beginners guide which is 100% free. Just go to the homepage and download it for free - you ll be able to avoid most of the beginner pitfalls with it. Hope this helps? On average there is no net gain in forex trading. What one person gains another loses. Forex pays no interest, dividend, or distribution. But the gains and losses do not come to the same people. most traders lose money and a few win. People who have inside relationships with foreign central bankers make money.