How do I buy and sell dollars or other currencies?
To trade Forex, you must
first open an account with and deposit with a Forex broker. The account can be
easily opened online in 2 minutes. You can instantly deposit into your account
with various online currencies such as PayPal, Alert Pay, Liberty Reserve, etc.
and start trading in Forex.
However, most people
make deposits with currency brokers through banks. In that case, after opening
the account, you will get the details of your broker's bank account number and
bank deposit.
Once the deposit to your
account is complete, you can start trading. Currency trading is done through
online software. You can download this software for free from your broker's
website. Once you install the software and log in with the username and
password provided by the broker, charts and price lists of different pairs will
be loaded and you can open / close your trade.
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