Geekzone: technology news, blogs, forums
Welcome Guest.
You haven't logged in yet. If you don't have an account you can register now.

68 posts

Master Geek

# 42556 6-Oct-2009 22:16
Send private message

Hi all,

Looking for some advice on good online forex traders.  Thinking some bucks could be made on buying $US and GBP at the moment.  Guess looking for low fees, good rates, good rep and flexible modern website with some tools.



Create new topic
96 posts

Master Geek

  # 261934 7-Oct-2009 08:03
Send private message

Currency trading as not as easy as some people may think if you have not traded before I would recommend first reading some books about it or talking to professionals or just open a practice account with forex and see how you go.
Otherwise I have heard that cmc markets is quite good, also heard some good things about nzforex

Professional yak shaver
1599 posts

Uber Geek

Lifetime subscriber

  # 263272 11-Oct-2009 13:53
Send private message

CMC Markets is (are?) a good place to start. They have some nice tools for people new to trading as well as powerful tools for the more advanced.

"Roads? Where we're going, we don't need roads." - Doc Emmet Brown


6434 posts

Uber Geek

  # 264248 16-Oct-2009 12:24
Send private message

First read up on the efficient markets hypothesis and random walk hypothesis , then realise that currency trading is a zero sum game (every gain soemone makes must be offset by a loss someone else makes) and finally realise you will be competing against people who have been doing it their whole life, and computers who can make trades in microseconds and take advantage of arbitrage opportunities faster than you can even know a price has changed.

Then, give up. Any money you make will be purely down to luck. Might as well play the pokies.

Create new topic

Twitter and LinkedIn »

Follow us to receive Twitter updates when new discussions are posted in our forums:

Follow us to receive Twitter updates when news items and blogs are posted in our frontpage:

Follow us to receive Twitter updates when tech item prices are listed in our price comparison site:

News »

New AI legaltech product launched in New Zealand
Posted 21-Aug-2019 17:01

Yubico launches first Lightning-compatible security key, the YubiKey 5Ci
Posted 21-Aug-2019 16:46

Disney+ streaming service confirmed launch in New Zealand
Posted 20-Aug-2019 09:29

Industry plan could create a billion dollar interactive games sector
Posted 19-Aug-2019 20:41

Personal cyber insurance a New Zealand first
Posted 19-Aug-2019 20:26

University of Waikato launches space for esports
Posted 19-Aug-2019 20:20

D-Link ANZ expands mydlink ecosystem with new mydlink Mini Wi-Fi Smart Plug
Posted 19-Aug-2019 20:14

Kiwi workers still falling victim to old cyber tricks
Posted 12-Aug-2019 20:47

Lightning Lab GovTech launches 2019 programme
Posted 12-Aug-2019 20:41

Epson launches portable laser projector
Posted 12-Aug-2019 20:27

Huawei launches new distributed HarmonyOS
Posted 12-Aug-2019 20:20

Lenovo introduces single-socket servers for edge and data-intensive workloads
Posted 9-Aug-2019 21:26

The Document Foundation announces LibreOffice 6.3
Posted 9-Aug-2019 16:57

Symantec sell enterprise security assets for US$ 10.7 billion to Broadcom
Posted 9-Aug-2019 16:43

Artificial tongue can distinguish whisky and identify counterfeits
Posted 8-Aug-2019 20:20

Geekzone Live »

Try automatic live updates from Geekzone directly in your browser, without refreshing the page, with Geekzone Live now.

Support Geekzone »

Our community of supporters help make Geekzone possible. Click the button below to join them.

Support Geezone on PressPatron

Are you subscribed to our RSS feed? You can download the latest headlines and summaries from our stories directly to your computer or smartphone by using a feed reader.

Alternatively, you can receive a daily email with Geekzone updates.