Foreign Exchange, also known as Forex, is the global currency market that allows you to buy & sell every different type of world currency through your phone or computer. Forex is less known that the the stock markets because of the publicity stocks get through media, but it’s actually over 200 times larger (meaning it’s safer and more lucrative than investing in stocks).
The same reason why people invest in the stock market or invest in a house to make money, people trade Forex to grow their wealth and better their financial future. Forex isn’t about getting rich overnight, it takes time to learn to do it successfully (just like anything in life) but the great part about Forex is that anyone with the willingness and drive to learn can do it!
To put it simply, instead of going to a job where you’re rented out for your time to make somebody above you rich, you’re putting money to work for you by investing and letting time do the work for you. Most people are taught that the only way to succeed in life is to get a standardized education and work for somebody until 65 then retire. Well thanks to the power of the internet there’s literally thousands of ways to create a self sustainable income that can grow exponentially and Forex is just one of them.
This is the same concept that banks use; Did you know that when you put money into a bank, that they take that money and make all types of investments with it including Forex and they make a larger % on your money (double-digit %’s) and give you back a mere 1% interest? The only reason Forex isn’t talked about is because it’s not advertised in movies and the media rarely talks about it.
Let me explain it in the easiest way possible. Imagine you lived in the US and you travelled to Mexico for a vacation. Now let’s say when you first arrive in Mexico you receive 17 Pesos in exchange for 1 Dollar, but when you leave you have to pay 18 Pesos to get 1 Dollar back. This means that when you were in Mexico the US Dollar gained strength over the Peso (or you can say the Peso weakened against the US Dollar).
This exchange rate changes every second of the day and it happens globally with every single currency! The way we as traders make money on this change is by using different types of analysis to determine if a currency will strengthen or weaken, and even the small daily change in exchange rates can yield hundreds and thousands of dollars all depending on how much you have invested.
All you need to learn & trade Forex is an internet connection and a phone and/or computer.
Well there’s a few reasons. The first is that we provide proven and verified results for our clients. You check out our track record for our managed account of over 140 clients
HERE. The most important aspect to running our business is the trust we’ve built with our clients.
The second is that you don’t have to take our word for it, we’re a 5-Star rated company with Forex Peace Army, the industry standard for Forex trading reviews, check out ours HERE. We’re a fully licensed business in the state of Arizona which you’ll find many trading companies operating without the proper licenses.
We highly recommend learning to trade on a demo account before attempting to invest real money. I’ll put it this way, does a doctor go from high school graduation to the operating room? No, they go through years of learning and practice to master their job and Forex is no different, it’s not something you can easily take advantage of without practice and a demo account is a completely risk-free way to learn, we recommend opening a live account after 3-6 months of a successful demo account. When you’re ready to invest real money, only invest what you are willing to lose.
Our recommended broker is FX Choice. They are a regulated broker as well as true ECN and they are a Non-Dealing Desk (NDD) broker. Click
HERE to see their public reviews and click
HERE to be brought to their website.
We accept all major credit and debit cards
Yes, for your account to receive copied trades it must be with the same broker as my master account. FX Choice is a fully regulated broker and you can see their reviews
HERE. FX Choice is one of the best reviewed and highly recommend brokers available and they even allow US clients. A MAM eliminates the need for clients to download or monitor anything like some trade copiers. Instead, once your FX Choice account is setup it's completely hands-free and you'll be able to monitor the trades through MT4 just like a normal account except you won’t be able to take trades on it.
Once you’ve signed up for the premium group, you’ll be able to immediately access instructions in the back office on how to connect. There are no downloads required and no computer required. Setup only takes a few minutes and as soon as you fund your account you’ll start receiving copied trades immediately!
Free Weekly Analysis Webinar - Every Sunday at 7pm ET
Daily Live Sessions (premium members) - Every Monday thru Thursday, exact time announced in Slack #signals channel at least 1 hour prior but usual time is at 11pm ET. All sessions are recorded and uploaded to the back office immediately following the session.
Periscope/Facebook Live - Times announced in Slack & Telegram at least 1 hour prior
By no means is this financial advice, but as a brand new trader your goal should first and foremost be to get the proper education of Forex and learn how to trade before ever investing real money, but assuming you have the proper education and are ready to invest a good goal would be 5% profit per month. Check out this sweet calculator
HERE to see the power of compounding your money over time.
XAUUSD (Gold), EURUSD, GBPUSD, NZDUSD, AUDUSD, USDCHF, USDCAD, USDJPY, and GBPJPY are the main pairs that I focus on.
