Need names of legit Forex Trade sites with low risk.

@mohkanari (1957)
India
December 1, 2012 12:34am CST
Recently there are a lot of ads of online forex Trade sites. Is there any legit sites among them accepting international/ India sign up with low initial fund. I think it isn't bad to try in forex trade risking a small amount. Hope for a good advice from MyLotee friends.
1 person likes this
2 responses
@blaxbla (269)
• Croatia (Hrvatska)
1 Dec 12
There is a lot of binary options brokers out there, and a lot of them gives you some kind of bonuses, so you have to choose the right broker which suits your needs. They differ in the amounts of money you can deposit into account and withdraw from the account, they also differ in the min. amount of money you can trade with,... There is a lot of factors to be aware of... I just recently started with binary options trading, and I was doing a lot of research until I finally found a broker which suits my needs. Min. deposit and withdrawal are just 20, and min. stake per trade is just 1, so it is good for beginners. Please note, binary options trading is very volatile and you can make some nice money, but also lose a lot of money, so you need to learn a lot to minimise risks.
@Sreekala (34312)
• India
1 Dec 12
I have checked those sites. They have already said that there is risk in the field. It will be good if you go for forex trade though any person knowing personally. I mean a person around your place can help you in a better way. I tried but I could not find any trusted person. However, I also read in mylot some people are engaged in forex trade and making money. Hope they will come here and help you.
@mohkanari (1957)
• India
1 Dec 12
Certainly these online sites aren't fully reliable. There are so many reputed Forex Trading Firms in India having branches all over India. But, it seems all these firms want some good amount to start trade. I am with another idea here. Some small amounts in dollar are accumulating in my Payza account. Money transfer from Payza a/c to Indian banks seems difficult. So I can utilize this amount and can study something about Forex Trade as well, risking a small amount. Thanks for your response.
1 person likes this
@Sreekala (34312)
• India
1 Dec 12
Ok I think that will be nice if you can use the money in your Payza account. I don't have any idea about this Payza, is it possible to transfer the money to paypal then? Or using the money for shopping online? It is good to use your hard earned money in any good manner.