Bitcoin Forum

Hi guys do you use forex exchanges for trading beside crypto exchanges? I found a forex exchange called AGEA can we make money from it? if you ever trades at this site share your experienced with us,thanks

I used Forex exchanges for trading. but I didn't used this above mention exchange AGEA. I used only Instaforex. (Instaforex was trusted when I used. but now I don't know about it.. I am not vouching instaforex)
Forex trading is one of the biggest part of Trading. but there are also many scam and ponzi sites available to scam people so do proper research and get full information after doing any investment.
Good Luck.

forex... there are remittance company's everywhere could be international or for local but i prefer international remittance company.  you can make profit by accepting dollars for payment hence you got paid in dollars so you can keep the $ and the btc at the same time while waiting for the time to to sell btc or to change $ into your local currency if your not in the US.  There is a slight difference in the exchange rate since $ is moving up and down.  Draft a better strategy in making a profit out of $ and btc.   :D :D :D :D :D :D :D :D :D

Unfortunately in the Forex markets, a limited number of currency pairs.
So, I would advise you to pay attention on the crypto-currency exchanges.

Before put your money in a Forex broker is better read sometingh about. Go on www.forexpeacearmy.com : here you should follow a lot of broker recension.

I suggest you to trade on 1Broker (see post in service discussion), they are really trustable.



*If you would know how if possible to earn more, PM me ;)

I would think you need to be lucky to trade any forex currency because there is a high risk of losing a lot in it. That is the notion that I have been getting looking into it recently.

I did a small forex trading some years ago. It was a nice experience. I tried trading without any prior knowledge about forex. I randomly put quotes. Lost most of the trades.

I did the same with Plus500. I did managed to have my investment x10. But then lossed my profit all again because of some margins calls. That's why i decided to stop.

I also use to trade at instaforex and my personal experience has been really good. But bitcoin only can be exchanged for dollars as an OTC, and this generate daily commissions that could seem a bit expensive. At instaforex you also can deposit and withdraw your bitcoins without commissions, and it is undoubtedly a very beneficial service.

Wow,i have instaforex account for about a year and i haven`t used it.It doesn`t look trustworhty to me.
It`s Asian forex platform i think.
Forex is too risky ofr me...

Forex is not meant for beginners who dream to earn easy money. Forex should be considered as a full-time real job. If you are a beginner, I would advise you 2 things:

1-Walk away, never look back.
2-If you didn't follow step1, read as much as you can. Read how people fucked up their lives with forex. Then decide.

This. Most people lose on forex because they have to use margin to get any profit (the spreads are so small), and there is always a trade that goes wrong and wipes them out. You are better off just buying BTC and hodling, at least borrowed money is not at stake.

 :D
The only one who is 100% profitable from Forex is the holder of the platform through which you are trading.

I say skip the whole trading concept.

Go start a business - provide a service to someone in fiat, focus on the time you have left before halving begins in 60 days.

Cash out big or some of it and be smart.

No, I don't think so. I have several Forex account and I have a good strategy to make money form my trading decisions. This year I have accumulated about 200% profit in instaforex, 250% in etoro and 900% in Oanda.

Hi, here is a list o frorex exchanges working with Bitcoin: https://bitcointalk.org/index.php?topic=716530.0

With Forex exchanges you can make profit, but you can loose a lot too. Firstly check the Forex market, before any buy/sell - this is most important task, ask also about good Forex advices too.  ;)

Yes forex trading is quite large area and you can make passive income if you are good trader. But as most of guys have said in the above posts many of them specially new one which offer deposit bonus turned out to be scam after some time. And don't trust binary trading site offering great return within short period of time.

although its a browser platform, the secondstrade trading system could be useful for you. They do have usd/eur to which you can monitor charts using the mt4 while you can execute trade on the secondstrade. I use to try this few months ago, its profitable unless your indicators doesn't tell you the right thing.

AGEA give you $5 as free welcome bonus only profit can withdraw, their support also good. Another option, hotforex or instaforex.

i start interseting to trade forex,but now i still dont have any good bank account for deposite or witdraw the money,and i just wondering how you are learn trade forex?and its really good to use AGEA or instaforex?do you think $5 are enough for learn trading on that site?

It's hard to make money if you just start trading. And remember it is very risky. I've tried Plus500 and although I made a little bit of profit i quickly decided it was not for me (too risky) And sold my assets & cashed out.

to make money on forex, you need to have a trading strategy, they are mostly shared on babypips actually but still like the rest of us here who give tips just to manipulate someone and lose instead of wining. I find lots of free strategies on babypips forum. you just have to test every one which works for you. install a metatrader and follow their instructions how they set up their indicators.

There are certainly some forex options sites that you can trade on, however it's not really trading. It should be classified as gambling instead. The timeframe is way too short for it to be called legitimate trading.

A good site would be secondstrade.com if you are gambling with BTC. There are a ton more if you are playing with paypal - just search on google.

But forexpeacearmy is not a sacred word in forex. I have traded for more than three years at instaforex with no problem, and you don't seem an old trader as you say.