If you’ve done research on forex brokers, then you already know that there are many brokers out there that you can choose from. These brokers offer more or less the same thing, that is, they offer you a portal through which you can earn money from the currency markets. But iForex offers you so much more than just currency pairs.
Variety Of Assets To Trade With
If you take a look at the website, you will see that it also offers you the chance to make money off other assets. These include commodities like gold, stock market indices, individual shares of stock like that of Google’s. If you want to know what assets you can trade in iForex, visit this website.
Just like any other trading broker, it is basically for self-directed traders. This means that nobody’s going to follow you closely to see if you are doing the right moves to make profitable trades. However, if you have the money, you can actually qualify for one-on-one coaching. We really do not need to tell you, but while it is easy to click on the BUY or SELL button of a trading platform, what isn’t so easy is knowing when you should click on which button.
When we first started trading, we had an equal number of wins and losses even though we tried our best to follow the ebooks and the Youtube videos, which wasn’t good because it just put us in the league of gamblers. But I’ve since learned that you always get what you pay for in life. I smartened after the first six months and joined a forex trading coaching program. It was the best decision that I’ve ever made in my life.
Learning And Training
Of course, I had my regrets – if I had known then what I know now, I would’ve found myself a coach from the get-go. That said, do yourself a favor and find a forex trading coach BEFORE you start trading. We said it before and we will say it again, iForex has a one-on-one teaching program. You should take advantage of it now.
Of course, you can’t expect the people at iForex to spend time with you if you don’t have the money to trade. It will only take $100 to get started trading through their platform. However, I think it will take so much more before you can qualify for the coaching program. My guess is that you need to fund $2,500 to your account. But that is just a guess.
Takeaway
Can you really make money trading online? Well, that really depends on whether or not you know how to time the markets. By timing, I mean that you know when there is going to be a real upward trend in the price or a real downward trend, and this is done by studying charts. Fluctuations in the price within a certain range is only noise that you should ignore.
