About Marketiva

If you are not a bank, or you do not have a few million dollars, you need a FOREX broker to enter the market.

A Forex Broker is the intermediary between buyers and sellers, we can say between you and the market, his role is to buy and sell orders according to your decisions. These companies are associated with large banks and other financial institutions and earn money by setting a spread between bid and ask prices.

I recommand you Marketiva, one of the most popular over-the-counter market maker. At Marketiva you can trade FOREX, Funds, Indexes and Commodities.

Marketiva does not differentiate between live and demo accounts. By opening an account at this company, you will get a live and virtual (demo) trading desks within one account for free. You will even get $5 starting money. Probably you won't became rich by having those 5 dollars, but is very good that you can try your skills and learn with real money too, before investing your own money, because trading live and trading virtually is different. Live trading is more stressful even if you trade with 5 dollars.

To open your free account at Marketvia click here. After registration you need to download the Marketiva's trading platform, the Streamster. If you need help on registration, and with donwloading and installing Streamster, click here for a step-by-step tutorial, or you can ask for help on Marketiva's live support.

The first steps

I think you are after the very first step... you already heard about forex. Most people do not even have any idea what FOREX is.

The next step is to decide if you want to try your skills in this market or not. If you are reading this, I guess you want to.

You need to open a FOREX trading account, preferably a free demo account, before you start trading with real money.

Then, you need to start practice with this account, you need to understand how the platform works, how to place an order, how to open/close a position.

Opening a demo account takes only a few minutes, and after you download the trading platform, you can start immediately.

I recommend you Marketiva, a broker which is ideal for beginners, you can open a 2in1 (live and demo at the same time) account in less than 5 minutes.

About FOREX trading

In this section you can learn the basics about trading in the forex market from the first steps you need to make to building your own FOREX trading system:

• first of all, you need to open a FOREX trading account, preferably a free demo account before you start trading with real money,
• then you need to learn some basic trading expression,
• you need to understand the goal in trading,
• you need to understand the technical and fundamental factors that move the market,
• you need to undestand the importance of money management,
• then you need to build your own FOREX trading system
• and, of course, you need to start TRADING.

Maybe it sounds complicated, but it's not as hard as it seems.

It is important to understand, that FOREX trading is not some super posibility that makes you rich from one day to the other.

It is not so easy, but it is not very complicated either, you only need to find the right way. Please note: there are a lot of FOREX related service providers out there, who want to make you believe that it is complicated, or want to make you beleive it is simple, because this is the way they want to sell you their services, the newest wonder indicator, the newest wonder robot software etc.

There are a lot of scams in the market, and there are a lot of reviews about these services, but please note that many ot this reviews are written by people who lose their money on FOREX because they did not learn even the basics before they started FOREX trading live, and they don't take responsability for their actions.

About the FOREX Market

FOREX is the largest and most liquid financial market in the world, referred to as the market closest to the ideal, perfect competition.

The word FOREX stands for the foreign exchange market, also known as currency or FX market.

The average daily turnover rose to $3.2 trillion in April 2007 according to the BIS's (Bank for International Settlements) survey.

FOREX is an electronic network used by banks, central banks, currency speculators (like you, if you start trading), multinational corporations, governments, and other financial markets and institutions to execute foreign exchange transactions.

The foreign exchange market is unique because of:

• its trading volumes,
• the extreme liquidity of the market,
• the large number and variety of, traders in the market,
• its geographical dispersion,
• its long trading hours: 24 hours a day except on weekends (from 3pm EST on Sunday until 4pm EST Friday),
• the variety of factors that affect exchange rates,
• the low margins of profit compared with other markets of fixed income (but profits can be high due to very large trading volumes)
• the use of leverage

source: wikipedia