FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.
FINANCIAL CHRONICLE™

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka

LISTED COMPANIES

Submit Post


ADVERTISE
Poll

EXCHANGE RATE PREDICTION: 2022

 
 
 
 

View results

ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



Latest topics

» අද රාත්‍රියෙන් පසු, යක්ෂයාගේ හෝරාව ඇරඹේ!
by God Father Yesterday at 9:18 pm

» Sri Lanka Stock Market heading toward ASPI 4500
by God Father Yesterday at 9:14 pm

» Why no power cuts in certain areas of Colombo?
by God Father Yesterday at 8:03 pm

» Breaking News- Kanchana to go to Qatar ; 2 more ministers off to Russia
by samaritan Yesterday at 12:26 pm

» Expolanka to continue its winning streak
by samaritan Yesterday at 9:49 am

» කොළඹ රාජකීය ගොල්ෆ් සමාජය විසින් රජයේ දේපළ අවභාවිත කිරීම
by ddindika Yesterday at 9:33 am

» LOLC to enter the giant Indian Market
by samaritan Yesterday at 9:17 am

» LOLC HOLDINGS PLC (LOLC.N0000)
by CHRONICLE™ Yesterday at 6:46 am

» SOEs within Minimum Programme for Economic Recovery
by CHRONICLE™ Yesterday at 6:44 am

» COVID WAVES: Can there be another Covid-19 wave in Sri Lanka?
by CHRONICLE™ Yesterday at 6:36 am

» Luminex Limited lists on the Diri Savi Board after a capital raise of Rs. 250 Million
by CHRONICLE™ Yesterday at 6:34 am

» Importance of Agroforestry for Sri Lanka
by CHRONICLE™ Yesterday at 6:31 am

» Nivard Cabraal sets record straight on decision to allow flexibility to the rupee
by God Father Sun Jun 26, 2022 11:15 pm

» Baseless accusations against the former Governor Nivard Cabraal
by ChooBoy Sun Jun 26, 2022 10:44 pm

» Heavy losses at CPC whilst LIOC records profit
by ChooBoy Sun Jun 26, 2022 1:32 pm

» Misuse of government property by Royal Colombo Golf Club
by ChooBoy Sat Jun 25, 2022 12:52 pm

» SL Cauvery and Mannar Basins Petroleum Resource Data Revealed
by samaritan Sat Jun 25, 2022 12:00 pm

» Container shipping stocks routed
by target1 Fri Jun 24, 2022 1:32 pm

» Supply Chain Latest: Ocean Freight Rates Are Falling
by target1 Fri Jun 24, 2022 1:26 pm

» Turkish ship leaves Ukraine's Mariupol after grain talks with Moscow
by target1 Fri Jun 24, 2022 11:29 am

EXPERT CHRONICLE™

MARKET CHAT


CHRONICLE™ ANALYTICS


ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

LATEST TWEETS

You are not connected. Please login or register

FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » Online Forex Trading in Sri Lanka

Online Forex Trading in Sri Lanka

+86
Gajaya
Miss-Sangeetha
Charith10
yogi11137
deli
forex4srilanka
ruwan326
nimantha80
TARGET
Neluka Karannagoda
Mubin Mustafa
Sha Jahan
gayanath1983
anton1979ss
sew
greedy007
SHARK aka TAH
gagamini
Jiggysaurus
Light of Hope
Lahiru
Mahawawtta
K.Haputantri
knockknobbler
lakshanraj
yes0
sahan8896
JustMy2Pips
memllok
arrowms
manjula28
traderathome
zenobia
snandasiri
Ashphoenix7
freebird
reez
Flashmark
Redbulls
malanp
stumpy
fxmpower
cseguide
yellow knife
STOCK SLAYER
LateTackle
dinusl
kordel
Aamiable
Tiger
dilshanusjp
gann
ABEST
lokuayya
laureina
yosh123
maalinda
rijayasooriya
day_lk
Paypal
Roboticfx
yasiru
jonny
Micropipz
bePositive
sriranga
thushanthalk
hunter
nkalansu
balapas
RealViewer
vithanage71
MarketSIRA
sajeethk
smallville
samueldaniel7
xhora
bettersrilanka
newbie
3mr
Meta Trader
mark
wallstreetguy
DK
swan03
reno
90 posters

Go to page : Previous  1, 2, 3, 4, 5, 6, 7, 8

Go down  Message [Page 8 of 8]

176Online Forex Trading in Sri Lanka - Page 8 Empty Re: Online Forex Trading in Sri Lanka Tue Aug 09, 2016 9:17 am

Mubin Mustafa


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

yes neluka is gentle man

177Online Forex Trading in Sri Lanka - Page 8 Empty Re: Online Forex Trading in Sri Lanka Sat Nov 05, 2016 12:44 pm

forex4srilanka


Stock Analytic
Stock Analytic

අප හිතවත් පාරිභෝගිකයනි,Forex trading සඳහා ඔබ අප තෝරාගත යුත්තේ ඇයි?

එනම්,අප ආයතනය විසින්  ඔබගේ භාෂා පහසුව සඳහා සිංහළ භාෂා මාධ්යයෙන් පාරිභෝගික සේවා සහය අංශයක් පත්කර ඇත.ඔබ ගේ Forex ඟිණුම් ක්ෂණිකව Verify කර ගැනීමට,Fund Deposit හා Withdrawal සම්බන්ඳ තොරතුරැ ක්ෂණිකව ලබා ගැනීමට, අප ආයතනය විසින්  ඔබට ලබාදෙන Bonus ආදී ඔබගේ Forex ඟිණුම් හා සම්බන්ඳ ඕනෑම ගැටලුවකට හා උවමනාවකට අවශ්යය සියලූම පාරිභෝගික සේවා සහය ලබා ගතහැක.ඔවුන් අවුරැදු හතකට එහා සේවා පළපුරැදකින් හෙබි පිරිසකි,එම නිසා ඔවුන් ඔබට අවශ්යය මාර්ගෝපදේශක්වය ලබා දේ.No Commissions,No Swaps or Roll overs,All strategies allowed:Hedging, Scalping, EA’s*,No Re-quotes,Inter-bank liquidity, tight spreads, fast and quality execution and exceptional customer service that's why we are special.
Call our Sri Lankan Support : +91 832 653 0001
                                        +91 832 653 1002


                             Skype : ugm.srilanka

                        visit us at : forex4srilanka.com

http://www.forex4srilanka.com

178Online Forex Trading in Sri Lanka - Page 8 Empty Re: Online Forex Trading in Sri Lanka Sat Nov 05, 2016 11:31 pm

nimantha80


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

market ekata banina set eke mee hora forex karayoth innawa.ahu wenna epAAA.

179Online Forex Trading in Sri Lanka - Page 8 Empty Re: Online Forex Trading in Sri Lanka Sat Nov 05, 2016 11:35 pm

nimantha80


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

market ekata banina set eke mee hora forex karayoth innawa.ahu wenna epAAA.

180Online Forex Trading in Sri Lanka - Page 8 Empty No1 ONLINE SCAM Sun Nov 06, 2016 9:25 am

ruwan326


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

nimantha80 wrote:market ekata banina set eke mee hora forex karayoth innawa.ahu wenna epAAA.
Guys do not fall for this crap.................. Very Happy Very Happy Very Happy Very Happy Very Happy Very Happy Very Happy

181Online Forex Trading in Sri Lanka - Page 8 Empty Re: Online Forex Trading in Sri Lanka Sun Nov 06, 2016 12:41 pm

forex4srilanka

forex4srilanka
Stock Analytic
Stock Analytic

අප හිතවත් පාරිභෝගිකයනි,Forex trading සඳහා ඔබ අප තෝරාගත යුත්තේ ඇයි?

එනම්,අප ආයතනය විසින්  ඔබගේ භාෂා පහසුව සඳහා සිංහළ භාෂා මාධ්යයෙන් පාරිභෝගික සේවා සහය අංශයක් පත්කර ඇත.ඔබ ගේ Forex ඟිණුම් ක්ෂණිකව Verify කර ගැනීමට,Fund Deposit හා Withdrawal සම්බන්ඳ තොරතුරැ ක්ෂණිකව ලබා ගැනීමට, අප ආයතනය විසින්  ඔබට ලබාදෙන Bonus ආදී ඔබගේ Forex ඟිණුම් හා සම්බන්ඳ ඕනෑම ගැටලුවකට හා උවමනාවකට අවශ්යය සියලූම පාරිභෝගික සේවා සහය ලබා ගතහැක.ඔවුන් අවුරැදු හතකට එහා සේවා පළපුරැදකින් හෙබි පිරිසකි,එම නිසා ඔවුන් ඔබට අවශ්යය මාර්ගෝපදේශක්වය ලබා දේ.
No Commissions,No Swaps or Roll overs,All strategies allowed:Hedging, Scalping, EA’s*,No Re-quotes,Inter-bank liquidity, tight spreads, fast and quality execution and exceptional customer service that's why we are special.

Call our Sri Lankan Support : +91 832 653 1001
                                        +91 832 653 0002


                             Skype : ugm.srilanka

                        visit us at : forex4srilanka.com

http://www.forex4srilanka.com

182Online Forex Trading in Sri Lanka - Page 8 Empty Re: Online Forex Trading in Sri Lanka Sun Nov 06, 2016 12:48 pm

forex4srilanka

forex4srilanka
Stock Analytic
Stock Analytic

ruwan326 wrote:
nimantha80 wrote:market ekata banina set eke mee hora forex karayoth innawa.ahu wenna epAAA.
Guys do not fall for this crap.................. Very Happy Very Happy Very Happy Very Happy Very Happy Very Happy Very Happy
Dear Ruwan or whatever your real name is,

Do you have any idea what forex Trading is? or do you know anything apart for calling CRAP, if not get some Idea before putting up your silly narrow mind into the world, go through wikipedia link: en.wikipedia.org/wiki/Foreign_exchange_market you will get some ******* I hope you understand, if not just call us we will explain you.

http://www.forex4srilanka.com

183Online Forex Trading in Sri Lanka - Page 8 Empty Re: Online Forex Trading in Sri Lanka Sun Nov 06, 2016 12:52 pm

forex4srilanka

forex4srilanka
Stock Analytic
Stock Analytic

අප හිතවත් පාරිභෝගිකයනි,Forex trading සඳහා ඔබ අප තෝරාගත යුත්තේ ඇයි?

එනම්,අප ආයතනය විසින්  ඔබගේ භාෂා පහසුව සඳහා සිංහළ භාෂා මාධ්යයෙන් පාරිභෝගික සේවා සහය අංශයක් පත්කර ඇත.ඔබ ගේ Forex ඟිණුම් ක්ෂණිකව Verify කර ගැනීමට,Fund Deposit හා Withdrawal සම්බන්ඳ තොරතුරැ ක්ෂණිකව ලබා ගැනීමට, අප ආයතනය විසින්  ඔබට ලබාදෙන Bonus ආදී ඔබගේ Forex ඟිණුම් හා සම්බන්ඳ ඕනෑම ගැටලුවකට හා උවමනාවකට අවශ්යය සියලූම පාරිභෝගික සේවා සහය ලබා ගතහැක.ඔවුන් අවුරැදු හතකට එහා සේවා පළපුරැදකින් හෙබි පිරිසකි,එම නිසා ඔවුන් ඔබට අවශ්යය මාර්ගෝපදේශක්වය ලබා දේ.
No Commissions,No Swaps or Roll overs,All strategies allowed:Hedging, Scalping, EA’s*,No Re-quotes,Inter-bank liquidity, tight spreads, fast and quality execution and exceptional customer service that's why we are special.
Call our Sri Lankan Support : +91 832 653 1001
                                        +91 832 653 0002


                             Skype : ugm.srilanka

                        visit us at : forex4srilanka.com

http://www.forex4srilanka.com

184Online Forex Trading in Sri Lanka - Page 8 Empty Re: Online Forex Trading in Sri Lanka Tue Nov 29, 2016 9:08 am

forex4srilanka

forex4srilanka
Stock Analytic
Stock Analytic

අප හිතවත් පාරිභෝගිකයනි,Forex trading සඳහා ඔබ අප තෝරාගත යුත්තේ ඇයි?

එනම්,අප ආයතනය විසින්  ඔබගේ භාෂා පහසුව සඳහා සිංහළ භාෂා මාධ්යයෙන් පාරිභෝගික සේවා සහය අංශයක් පත්කර ඇත.ඔබ ගේ Forex ඟිණුම් ක්ෂණිකව Verify කර ගැනීමට,Fund Deposit හා Withdrawal සම්බන්ඳ තොරතුරැ ක්ෂණිකව ලබා ගැනීමට, අප ආයතනය විසින්  ඔබට ලබාදෙන Bonus ආදී ඔබගේ Forex ඟිණුම් හා සම්බන්ඳ ඕනෑම ගැටලුවකට හා උවමනාවකට අවශ්යය සියලූම පාරිභෝගික සේවා සහය ලබා ගතහැක.ඔවුන් අවුරැදු හතකට එහා සේවා පළපුරැදකින් හෙබි පිරිසකි,එම නිසා ඔවුන් ඔබට අවශ්යය මාර්ගෝපදේශක්වය ලබා දේ.

No Commissions,No Swaps or Roll overs,All strategies allowed:Hedging, Scalping, EA’s*,No Re-quotes,Inter-bank liquidity, tight spreads, fast and quality execution and exceptional customer service that's why we are special.
Call our Sri Lankan Support : +91 832 653 1001
                                        +91 832 653 0002


                             Skype : ugm.srilanka

                        visit us at : forex4srilanka.com

http://www.forex4srilanka.com

185Online Forex Trading in Sri Lanka - Page 8 Empty Re: Online Forex Trading in Sri Lanka Wed Feb 08, 2017 8:25 pm

forex4srilanka

forex4srilanka
Stock Analytic
Stock Analytic

අප හිතවත් පාරිභෝගිකයනි,Forex trading සඳහා ඔබ අප තෝරාගත යුත්තේ ඇයි?

එනම්,අප ආයතනය විසින්  ඔබගේ භාෂා පහසුව සඳහා සිංහළ භාෂා මාධ්යයෙන් පාරිභෝගික සේවා සහය අංශයක් පත්කර ඇත.ඔබ ගේ Forex ඟිණුම් ක්ෂණිකව Verify කර ගැනීමට,Fund Deposit හා Withdrawal සම්බන්ඳ තොරතුරැ ක්ෂණිකව ලබා ගැනීමට, අප ආයතනය විසින්  ඔබට ලබාදෙන Bonus ආදී ඔබගේ Forex ඟිණුම් හා සම්බන්ඳ ඕනෑම ගැටලුවකට හා උවමනාවකට අවශ්යය සියලූම පාරිභෝගික සේවා සහය ලබා ගතහැක.ඔවුන් අවුරැදු හතකට එහා සේවා පළපුරැදකින් හෙබි පිරිසකි,එම නිසා ඔවුන් ඔබට අවශ්යය මාර්ගෝපදේශක්වය ලබා දේ.

No Commissions,No Swaps or Roll overs,All strategies allowed:Hedging, Scalping, EA’s*,No Re-quotes,Inter-bank liquidity, tight spreads, fast and quality execution and exceptional customer service that's why we are special.

Call our Sri Lankan Support : +91 832 653 1001
                                        +91 832 653 0002


                             Skype : ugm.lk

                        visit us at : www.forex4srilanka.com



http://www.forex4srilanka.com

186Online Forex Trading in Sri Lanka - Page 8 Empty Re: Online Forex Trading in Sri Lanka Wed Feb 08, 2017 8:27 pm

forex4srilanka

forex4srilanka
Stock Analytic
Stock Analytic

http://www.forex4srilanka.com

187Online Forex Trading in Sri Lanka - Page 8 Empty Re: Online Forex Trading in Sri Lanka Tue Feb 14, 2017 10:21 am

deli

deli
Manager - Equity Analytics
Manager - Equity Analytics

I dont know of the software you are trading but if you dont have an advisor please dont proceed to invest in that platform and more importantly you must be sure where you are depositing funds ( it may be a scam). It is not illegal to do forex trading in Sri Lanka, you need to declare your business and transaction intention with details of fund values to the central bank monetary board via a commercial bank.

188Online Forex Trading in Sri Lanka - Page 8 Empty Forex Trading Thu Aug 16, 2018 5:35 pm

yogi11137


Stock Analytic
Stock Analytic

Bankers and big financial institutions are always making huge amounts of money from Forex trading. This style of forex trading will educates members to think like Institutional Traders and not like Retail Traders. Retail Traders tend to use multiple indicators and signal systems to help predict UK forex trading market movements, which is all well and good in theory but forex trading markets do not move based on indicators, forex trading markets move each day based on the Institutional Order Flow.

189Online Forex Trading in Sri Lanka - Page 8 Empty Forex trading in Sri Lanka Tue May 28, 2019 12:07 am

Charith10


Stock Trader

Anybody do forex trading? I tried to do with etoro but according to bank,the Central Bank regulations money deposit using credit card debit card for money trading sites are prohibited.so I was not able to start training is forex trading prohibited in Sri Lanka Now?

190Online Forex Trading in Sri Lanka - Page 8 Empty Re: Online Forex Trading in Sri Lanka Tue May 28, 2019 6:06 am

Miss-Sangeetha

Miss-Sangeetha
Moderator
Moderator

Charith10 wrote:Anybody do forex trading?  I tried to do with etoro but according to bank,the Central Bank regulations money deposit using credit card debit card for money trading sites are prohibited.so I was not able to start training is forex trading prohibited in Sri Lanka Now? 
Freeforexsignals2020 alias Teller  will help you soon as possible.

After forum member Karuna, newly born babies are very hungry to know about the forex trading.  

191Online Forex Trading in Sri Lanka - Page 8 Empty Re: Online Forex Trading in Sri Lanka Tue May 28, 2019 9:31 am

Gajaya


Equity Analytic
Equity Analytic

Miss-Sangeetha wrote:
Charith10 wrote:Anybody do forex trading?  I tried to do with etoro but according to bank,the Central Bank regulations money deposit using credit card debit card for money trading sites are prohibited.so I was not able to start training is forex trading prohibited in Sri Lanka Now? 
Freeforexsignals2020 alias Teller  will help you soon as possible.

After forum member Karuna, newly born babies are very hungry to know about the forex trading.  

LMAO

192Online Forex Trading in Sri Lanka - Page 8 Empty Re: Online Forex Trading in Sri Lanka Tue May 28, 2019 10:06 am

Teller

Teller
Moderator
Moderator

Cyprus based Xtrade company is good . if any one interest PM me

193Online Forex Trading in Sri Lanka - Page 8 Empty Is forex ban in Srilanka? Wed Oct 16, 2019 11:46 pm

lishanthan

lishanthan
Stock Analytic
Stock Analytic

yesterday i saw a message from CBSL: Central Bank of Srilanka official FB site.

Anyone know regarding below message???

Unauthorized foreign exchange trading
FOREX TRADING

The attention of the Central Bank of Sri Lanka (CBSL) has been drawn to the emergence of several unauthorized and unregulated online forex trading platforms/dealers. CBSL has further noticed that there are advertisements circulated in the print and electronic media, social media, internet and unsolicited e-mails by some companies to encourage the public to engage in such forex trading with the assurance of guaranteed high returns.
In the recent past, CBSL has come across instances and received complaints where several persons have lost their funds due to the above activities carried out by some individuals and companies.
The purpose of this notice is to draw the attention of the public to the following;
• In terms of the provisions of the Foreign Exchange Act, No. 12 of 2017 (FEA), Licensed Commercial Banks as Authorized Dealers (ADs) are permitted to deal in foreign exchange for current transactions and capital transactions subject to the Regulations and Directions issued thereunder.
• Accordingly, any other person in, or resident in Sri Lanka is not permitted to undertake forex trading transactions or remit funds outside Sri Lanka for such transactions and receive income or profit earned from forex trading.
• CBSL has not granted any permission for ADs to facilitate forex trading or transactions relating to forex trading on behalf of a person in, or resident in Sri Lanka.
• In this context, engaging in forex trading by a person in, or resident in Sri Lanka is a violation under the provisions of FEA.
• CBSL may take actions against both parties who encourage the public to engage in such forex transactions and persons who engage themselves in such transactions, in terms of FEA.
The public is strongly advised to refrain from engaging in such unauthorized forex trading transactions considering the above facts and the possible risk of losing funds.
Any information or complaints regarding such unauthorized forex trading platforms/dealers may be forwarded to the Director of the Department of Foreign Exchange of the Central Bank of Sri Lanka in order to take actions as stipulated in FEA.

194Online Forex Trading in Sri Lanka - Page 8 Empty Re: Online Forex Trading in Sri Lanka Fri Oct 18, 2019 5:07 pm

lishanthan

lishanthan
Stock Analytic
Stock Analytic

Online Forex Trading in Sri Lanka - Page 8 73413210

195Online Forex Trading in Sri Lanka - Page 8 Empty Re: Online Forex Trading in Sri Lanka Sat Oct 19, 2019 5:23 pm

Teller

Teller
Moderator
Moderator

Its a crazy idea , i personally know some of sri lankans private banks are engaging with forex trading. If citizens invollves, whats the wrong on it? If you know how to manage the risk and levarage , its a good business.

196Online Forex Trading in Sri Lanka - Page 8 Empty Forex Trading කළොත් නඩු Tue Oct 22, 2019 4:05 pm

4Corners


Senior Equity Analytic
Senior Equity Analytic

http://biz.adaderana.lk/forex-trading-

197Online Forex Trading in Sri Lanka - Page 8 Empty Re: Online Forex Trading in Sri Lanka Wed Oct 23, 2019 8:02 am

Miss-Sangeetha

Miss-Sangeetha
Moderator
Moderator

Congratulations that you have won the prize money of $ 500,000,to claim you have to deposit money at A/C No-xxxxxxxxxxxxxxxxxx. This is common in Sri Lankan mobile network, mostly send by Nigerians. 
Prize for no reason and without  participation...….!!!!!!!!!

Similar way one subordinate of the big boss from Dubai, encouraging forex trade in Sri Lanka which is illegal in Sri Lanka. and using his different fake user ID /name in this forum, posting in support of forex trade.

Unsuspecting forum members will see lot of people are support for the forex trade or doing forex trade.
His fake ID including Freeforexsigals2020, Signals2020 and so many, but most of the ID's are belonging to this one person.


Another his modus way is to list shares from A to Z. 
In due course some shares will go up and most will come down.


Then he will only select that shares that went up and claim himself as a share market prediction genius.
He won't talk about the most shares that went down, If any body pointed that, he will say I recommended that share at very low price level and now achieved that target level  through PV inners bullish around 95.87.

Earlier this was done by his best friend karuna.


Please remember that forex trade by common persons are illegal in Sri Lanka and If affected, difficult to take legal action against any fraudulent activity beyond the Sri Lankan boundaries and will lose your money.     

    

198Online Forex Trading in Sri Lanka - Page 8 Empty Re: Online Forex Trading in Sri Lanka Wed Oct 23, 2019 8:41 am

Teller

Teller
Moderator
Moderator

Even lately , i was expecting this type of article from you . Foreign currencies exchange market is the biggest even so many sri lankans banks engaged with the market. You and central bank should understand the opportunies of this market & dont be a frog in a well. BOTH OF YOU SHOULD READ ,WHAT IS FOREX?

"Currencies are a popular investment class that allow for speculation on price movements, just like bets on other asset classes.

Foreign exchange, or forex in short, is a decentralized global market where currency pairs are traded. Currency trading takes place electronically over-the-counter across all major financial centers, namely Sydney, Tokyo, Hong Kong, Singapore, Paris, Frankfurt, London, Zurich and New York.

This gives the forex market its 24-hour operational characteristic. When trading in New York ceases, forex traders can trade in Sydney , then in Tokyo and later in the European centers before trading resumes in New York.

Currency is traded in the spot, forwards and futures markets, with spot trading now assuming prominence.

The futures and forwards market are the preferred choice for companies seeking to hedge their foreign exchange risk.

Characteristics Of The Forex Market
Highly Liquid

The appeal of the forex market lies in its copious liquidity, with a $5.2-trillion average daily trading volume.

Limited Investment Choices

The breadth of investment options in currencies is smaller, given that there are only a few major currency pairs that are frequently traded. The major currency pairs include EUR/JPY (euro/yen), USD/JPY (U.S. dollar/yen), GBP/USD (pound/U.S. dollar), USD/CHF (U.S. dollar/Swiss franc), AUD/USD (Australian dollar/U.S. dollar) and USD/CAD (U.S. dollar/Canadian dollar).

Other, more exotic pairs such as USD/MXN (U.S. dollar/Mexican peso), which are rarely traded and therefore are relatively illiquid due to the low volume of trading — and therefore carry a high risk profile.

Rapid Price Movements

The high liquidity of the forex market vests gives it dynamic and rapid price movement, which creates multiple opportunities for retail traders.

Leverage Trading

Leveraging is allowed in forex trading, which means that investors do not have to spend the whole value of the investment, but can instead use only a margin amount. If a broker allows a 100-to-1 leverage, the investor would need to have an equity of $1,000 to fund an order worth $100,000. In this case, the margin requirement is 1 percent.

See also: Jim Iurio's Dollar Trade

Terms Associated With Forex Trading
Pip

The price interest point, or PIP, is a term used to refer to gains or losses in trading, and is the smallest price move in an exchange rate. For currency pairs priced to four decimal places, one pip is equal to 0.0001 — or 1 basis point.

Bid Price

The price at which the market is willing to buy a specific currency pair is the ask price, and it appears on the left side of the quote. Alternatively, it is the price at which a trader can sell the pair.

Ask Price

The ask price, appearing on the right side of the quote, is the price at which the market is ready to sell a currency pair or the price at which one can buy it.

Spreads

This is the difference between the bid price and ask price, which is otherwise the cost of trade or the profit that goes to the broker. It is measured in pips.

How To Trade Forex
Here's a simplified explanation of how to trade forex:

Traders interested in the forex market must zero in on a currency pair on which they wish to bet. Before deciding the currency pair, traders should have a fairly good understanding about the associated risk.
Traders should then decide on the type of trading, namely forex trading, CFD or spread betting. Forex trading allows traders to buy lots in the unit of the base currency, which is the currency on the left side of a pair.
Depending on the direction of a bet, traders then decide to buy or sell. Logically, forex traders should be aware of the price of the currency pair, with the currency on the left designated as the base currency and the one on the right being the quote currency.
When traders buy a currency pair, it implies they are betting the base currency will strengthen against the quote currency. For every point rise in the exchange price relative to a trader's open level, a profit is made, while a drop nets a loss.
The sell bet suggests that a trader is betting on the weakening of the quote currency. In this case, a loss is made with every 1-point increase in the exchange rate — and a profit is made if the reverse occurs.
Once an order is placed — an instruction to buy/sell at a future point when a predetermined price level is reached — the order is open. With each move in the pair that's being traded, the profit/loss will fluctuate. Traders can keep a tab on the market price, profit and loss in real time. Fresh orders can be placed, orders can be attached to open positions and existing trades can be closed out.
Finally, when a trade is closed, the trader does the reverse of what they did at the time of the opening. If a buy order was placed, the trader now sells. When a tradeis closed, the net profit/loss now shows in a trader's account balance.
Another option is trading the CFD, or contract for difference. A CFD is a derivative instrument, and it is a contract executed between a buyer and a seller. The difference in the value of the underlying instrument between the time at which the contract was opened and the time it was closed is paid. There is no physical exchange of the asset class.
How To Make Money From Forex Trading
A Sound Education Is a Must

Knowledge is the key to success. Keeping up with this adage, traders should equip themselves with sufficient knowledge before deciding whether to plunge into the forex market. Apart from learning using demonstration accounts, traders should also learn the different factors that impact currency movements — geopolitical news, economics, monetary policy and the like.

Prudence In Outlays

Experts suggest that an uncluttered mind is needed for stress-free trading — and judicious decision-making. Traders should only commit funds they can afford to lose, without dipping into the money they need to sustain themselves. Start small.

Mastering Emotions

Prudent decision-making is a sine qua none while trading a highly volatile instrument like currency. Acting based on sound logic and reason is key to avoiding excessive risk."

199Online Forex Trading in Sri Lanka - Page 8 Empty Re: Online Forex Trading in Sri Lanka Wed Oct 23, 2019 8:50 am

Teller

Teller
Moderator
Moderator

First take the theoritical knowledge, then practice and experience it. As im out of ari lanka, i was able to study and practice these things & I was certified. This is a 3 triilion plus industry for a day. I believe central bank has wake up after long sleep. How ever they concern illeagal forex trading. GL

200Online Forex Trading in Sri Lanka - Page 8 Empty Re: Online Forex Trading in Sri Lanka Wed Oct 23, 2019 4:21 pm

ThilinaM

ThilinaM
Vice President - Equity Analytics
Vice President - Equity Analytics

forex trading is a scam with no fundamentals. its just gambling giving 15% fee to house. better to go to turf accountant than forex trading. stupid people cought in to this trap. guys 20-24 yearr with no street smart will think them selves enterprenuers by forex trading untill there bank account become NIL Very Happy

Back to top  Message [Page 8 of 8]

Go to page : Previous  1, 2, 3, 4, 5, 6, 7, 8

Permissions in this forum:
You cannot reply to topics in this forum