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New to the forex, Is there a

Discussion in 'General Forex Talk' started by Kaj75, Jan 5, 2010.

  1. Kaj75

    Kaj75 Recruit

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    Is there a full service type brokerage in the forex market such as merrill Lynch is in the stocks . Im just looking for something like that so that I can invest some money in and let them trade it for me. But Im not willing to turn my money over to one of the forex brokers that doesnt have a legit office and hasnt been in business for atleast a few years. Just curious, I have looked around a bit and havent been able to find anything like this as I do not have the knowledge to get in and trade myself I would rather make a little less and pay someone else who knows what they are doing.

    Thanks in advance for any help.

    Kris
     
  2. Stony

    Stony Sergeant

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    I have been looking for a reliable forex-account-managing company for quite a time. There are almost none. The one I tried ended up with 25 % loss in half a year :unhappy:. I strongly suggest: trade yourself!

    Regards, Stony
     
  3. Ricex

    Ricex Sergeant

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  4. Kaj75

    Kaj75 Recruit

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  5. Pharaoh

    Pharaoh Colonel

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  6. marcus1rex

    marcus1rex Private

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    if theyre that good, then they should be easy to find.
     
  7. cowmadagan

    cowmadagan Sergeant

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    Just cuz big fish eat a lot doesn't mean they'll get the bait on the end of your line.
     
  8. Ralph French

    Ralph French Recruit

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    Hello,

    I agree with the previous posts, good managed accounts are like gold dust.

    I took the plunge with a firm over a year ago now, global fx.
    I have to say they surprised me, i spent a lot of time looking into them ( due dilligence ).

    I am happy with the service, the profits, the advice and experience shown thus far. I also have my own account manager which is a nice bonus.

    If anyone is still entertaining the idea, i am sure he wouldnt mind me passing on his contact details.

    Just a thought.

    All the best.
     
  9. RahmanSL

    RahmanSL Major

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    Kaj75,

    “…I do not have the knowledge to get in and trade myself I would rather make a little less and pay someone else who knows what they are doing.”

    I am just wondering what you meant when you said “make a little less”. Is it 10% to 50% of your investment money, or are you expecting more than that?

    I have to agree with Stony…Better learn to trade by yourself.
    There are "no sure” investment brokers out there who can guarantee you profits. All of them will have a warning declaring they do not guarantee profits and that you can loss some or all your investments.

    I am still very much a Newbie in the forex world. And if there are such good investment brokers out there, I think I would have used them by now instead of going into the internet daily and learning what I can to trade profitably.
    Just be patient my friend, learn all and what you can about forex trading...check the water out real good before jumping in.
     

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