Sandra asks…
Currency Trading?
I currently trade on the stock market but I am interested in currency trading. I would like to know if it is similar to trading stock in which you trade using an online broker and if so what brokers are the best to use with the lowest commission fees?
David Harvey answers:
Hi,
Currency trading is similar to stock trading and all technical and fundamental analysis is approcimately the same. You just have to know that curreny pairs always go up and down.
Usually forex brokers don't charge comission fees. They gain from spread. You should find brokerage company with smallest spread.
eToro offers good first time deposit bonus. You
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