What it means is that the 1. Ans: 1. Opening an account with a Forex brokerage is a very simple thing to do. And they are all eager to have you open an account with them! Below are some examples of the brokerages available in Singapore. Hence you might like to read this article about how you can select a low cost stock brokerage.
Opening an account is simply a matter of going to their website to fill up a form…. Or heading down to one of their branches to have their representative serve you. One of the advantages of heading down is that they often assign someone to teach you how to trade using their system,.
I personally prefer to head down personally because I dislike the hassle of mailing all my documents. The other thing you need in order for you to track market trends, trade strategically or even execute trade orders…. We encourage you to download the highly popular MT4 trading platform because…. One of the best things about the MT4 trading account is that it allows you open a demo account for you to trade!
We highly recommend you start off trading via a demo account first as this allows you to get a hang of Forex trading…. After you have set up your brokerage account and installed the MT4 trading platform,. As we will be teaching you how to trade using a demo account,.
Most brokerages allow you to transfer funds via bank transfer…. Some of them even allow you to transfer funds by charging it to your credit card! Regardless whether you trade using a demo account or a live account,. For this example, I would be using MT4 trading platform as that is the trading platform I use personally. For every currency pair,. There are always two parties required to make a successful transaction.
The prices under the BID section indicate the highest amount the buyers are willing to pay for the stock,. While the prices under the ASK section indicate the lowest price the sellers are willing to sell the stock for. All you need to do is to double click on the currency pair and you will see a screen like this…. You can place an instant execution order at the current price.
However if you an advanced trader who is only intending to buy the currency pair only after it has hit a certain price,. All you need to do is to key in the target price you wish to buy the currency pair at…. Thank you for taking the time to read this guide.
We hope that you now have a basic understanding of Forex Trading…. Simply known by most friends and colleagues as Jit, this avid writer's goal is to educate Singaporeans with investing and trading knowledge, as he understands too well how difficult it can be to make it big in this small city. When Jit isn't penning or typing, rather his thoughts down, you will probably find him enjoying a good video game.
Credit Suisse 3. Coordinating with the global trading teams. The primary focus of the role is to face off to the traders and to meet any of their pricing, risk and market analysis tool requirements. We are a relative value fund focussed on arbitrage and relative value trades across FX. We are looking for a junior trader experience years who will be…. Morgan's global Markets business is comprised of the world's leading securities and derivatives sales, trading and research groups.
Experience in FX a plus. Seeks a early career Traders to join their growing discretionary FX trading team in Singapore. Why You Should Join Us? Develop applications and components across various aspects of their trading systems. Continuous enhancements to trading systems to meet everchanging needs. Nomura is an Asia-based financial services group with an integrated global…. Adecco - GS 3. Candidates who are keen in the Financial Market will have the opportunity to be trained as a potential candidate of Trader.
Strong numerical and analytical skills. Maintain FX position report and monitor exposure closely. Update of trade details and generate daily mark-to-market report for realized PNL of closed positions…. Get new jobs for this search by email. My email:. By creating a job alert, you agree to our Terms. You can change your consent settings at any time by unsubscribing or as detailed in our terms.
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