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.
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
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.