I’ve seen, Pakistan me bohut se log esy han Jo Online earning ko fraud hi samajty han, Jis ki main reason ye hai k smart people apny thorhy se commission k liye new comers ko misguide karty han or ab to ye condition ho gae hai k sub se acha business us ka ho ga, Jo online earning k name par zyada fraud kar sakta hai.
Online Forex Trading ki basic information hum ne apni Last post me provide ki thin, Agar aap k mind me abhi bhi koi question hai to comment zaroor karen, We’ll do our best to clear your mind.
So next we want to see; How we can Practice to establish Forex trading online business in Pakistan. First of all, You need to open your account at some well known international Forex Broker, Who must have his own legal registration with all other qualities are given bellow;
Best Qualities of Forex Broker:
Jab aap ek new business start karty han to aap chahty han k wo minimum investment se start ho jae, Ta k agar business me loss bhi ho to zyada na ho or aap k pesy safe rahen. Is liye online business start karny k liye jo bhi Forex broker select karen, Us me given bellow all qualities honi chahyen.
1. Minimum investment to open new account:
You know, Koi bhi business start karen, Thorhi si investment to karni parhti hai, Forex trading me bhi aap minimum investment se apna business stock market me start kar sakty han. Asal bat ye hoti hai k business k start me experience na hony ki waja se loss hony ka chance zyada hota hai. Is liye aap esy Forex broker k pas apna account open karen jo start me aap se zyada pesy na mangy. Jab experience ho jae to apni marzi se aap investment increase kar sakty han.
2. Funds transfer or withdrawal method
Online earning karny waly bohut se new comers Pakistan me funds transfer karty howe problems face karty han, Jis ki waja ye hai k jo log online koi proper kam kar k pesy earn nai kar sakty, Wo fraud or hacking ka rasta adopt kar lety han.
Forex Trading me money ko aap bank ya western union k through bhi transfer kar sakty han, but it’s an expensive way. Is tarha Forex trading se ki hoe earning ko withdraw karny k liye aap ko kisi esy international broker ki help leni chahye, Jis ki zyada fee na ho. Simply, You should choose a right broker, Who can transfer your funds anywhere you want.
3. Proper software to manage your trading:
Forex Trading business me proper Software esa hona chahye, Jo aap k liye easy to use ho, Us ka Size minimum ho, So that you can install it easily. Basically, aap ne software k through hi earn karna hota hai, Is liye software esa ho jis me aap apni marzi se indicator or signals include karty howe programming bhi kar saken.
4. Customer services support:
Broker esa select karen, Jis ki customer service bohut achi ho kyun k sale to koi bhi kar leta hai, but issues create hony k bad jis broker ki service achi ho client dobara usi k pas jata hai.
Broker ka apny clients k sath attitude bohut acha hona chahye, Un ki emails ya online chatting ka quickly reply kary or telephonic support bhi provide kare.
Its mean’ Difference of currency rate between sale & purchase, Which may be occur from 0 to 5. For example; If Dollar buying rate is: 1.00786 and selling rate is: 1.00782 , So the difference is:4 That’s called Spread.
You should select a Good Broker, Who has a suitable spread with all his orders.
Spread hameesha market ki position k mutabiq increase ya decrease hota hai, So Good Broker always knows about the position of market’s spread, Which provide benefit to you.
6. Complete Reports/Analysis of market prediction
Forex Trading k liye just Book-ate knowledge hi kaafi nai hai, Aap ko apny experience or charts k sath sath international market ki latest position se awareness honi chahye. You can earn more, If you know about inner circumstances of all big countries. you cannot start Forex trading, If you don’t have strategic update news of all big countries.
7. Quick Action (Spillage)
Forex trading me quick action ki zaroorat hoti hai, Kyun k kisi bhi time graph ka status change ho sakta hai, Is liye Broker esa hona chahye jo aap k order ko foran pick kar k us par action le. Some time esa hota hai k aap accurate estimate lga kar broker ko order note karwaen or Broker aap k order ko submit karny me der kar dy to aap ko profit ki jaga loss bhi ho sakta hai.
I think, Your mind has been cleared at the a basic level, But Forex trading start karny k liye aap ko advance level tk abhi bohut practice ki zaroorat hai. You should clear your commission (If you’re employ) or broker’s fee (If you’re working independent), Best broker did not charge any hidden fee to open a new account, nor get commission for his trade.
First of all you’ve to create a demo account and In our Next posts, We’ll discuss about the advance tools of forex trading and their use to earn money online.