Buying Currency : Currency trading and currency trading support : 24 hour services in currency trading, as well as currency and forex training and forex support.
............................
Home
............................
Trading Hours
............................
10 Reasons To Trade Currencies
............................
Your Queries Answered
............................
Resources
............................
Demo Trading
............................
Training
............................
Live Account
............................
Managed Accounts
............................
Downloads
............................
Disclaimer
............................
Contact Us
............................
Recommend Us
............................

.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.

 


Your Queries Answered

  1. What is forex?
  2. How much funds do I need to get started?
  3. If forex trading is so lucrative, why doesn’t everyone trade?
  4. How do you make your money?
  5. Is there a standard procedure for dealing by phone?
  6. In which currency is my trading account maintained?
What is forex?

Foreign exchange deals are transactions relating to the trading of different currencies on the foreign exchange markets. 


top


How much funds do I need to get started?
The minimum deposit for opening  a standard live account is $2500 and $250 for a mini account. 

top


If forex trading is so lucrative, why doesn’t everyone trade?

Millions of people are currently getting involved in the forex market. Only a few years ago banks and large corporations monopolized the forex market . Today, with the technological developments (particularly the Internet) it has now become possible for individuals such as yourself to become part of this exciting opportunity.


top


How do you make your money?

We derive our income from the trade spread. (the difference between the bid and the ask prices).


top


Is there a standard procedure for dealing by phone?

Yes. Once the telephone is answered, have the following information at hand:

  • Your account number

  • Whether you are buying or selling

  • The volume of your order

  • The currency you wish to trade

  • The price at which you would like to place your order 

  • The type of order for example limit, stop and/or OCO


top


In which currency is my trading account maintained?

Your account is maintained in US$, GBP, or Euro.

.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.

 

                     © Copyright Frannor Trading 102 (Pty) Ltd. 2002