Scam (deception) or a real opportunity? How to make money on Forex - examples, ways and where to start How to make money fast on Forex

On the net you will not find reliable systematized information about the main ways of making money on Forex, and not because no one earns on Forex, but because those who earn do not write articles about it, and those who write make money anywhere, only not in forex.

I, as a person who, in one way or another, personally encountered almost all the ways of earning money related to Forex, decided to systematize and describe them. The article you are reading turned out to be quite large, but this is unique material that you will not find anywhere else on the Internet.

To begin with, I will list the main ways of making money related to Forex, after which I will describe each of the methods and give examples.

Forex trading

Manual self-trading in forex

Most people who encounter Forex for the first time dream of learning how to trade profitably and gain financial independence. It is with manual trading that their attempts begin, which always lead to the fact that beginners either drain their first deposits, or, at best, realize that this activity is not suitable for them and stop experimenting.

Learning how to trade forex profitably on your own, especially manually, is incredibly difficult. According to general observations, it is much easier to realize oneself in any other "ordinary" activity than to become a successful Forex trader.

On this issue, I always give the following life example. I know traders who trade forex professionally, that is, the income from their trading is their main income, but I do not know a single professional trader that I would have known before he became a professional. That is, given my many years of work in this area, I really do not know a single person whose path I could trace from the moment he first became interested in forex trading to the moment it became his main activity, although I know many who have tried.

Speaking about me personally, I first heard about Forex in 1998, I tried myself on real accounts in 2005, but trading (though not from manual trading, but from automated trading) began to bring my main income only in 2015. This is a very long and difficult path, I can’t wish this on anyone, because there is a very high probability that in the end you will lose not only your money, but also years of your time, which you could spend on your self-realization in any other, simpler , activities.

Most of my attempts at manual Forex trading ended in failure, and this is a common pattern for everyone who tries their luck in this area.

Does it make sense to try? If you have a very strong desire, I usually recommend students to try themselves in Forex trading.

• Students have quite a lot of free time that can be spent on self-study and, most importantly, they are able to quickly learn new knowledge.
• At the same time, students do not have or practically do not have a significant amount of savings that they could “foolishly” drain on Forex, and if they lose what they have, then this loss will be absolutely uncritical on the horizon of several years.
• The cost of a student's mistake is minimal, since the student does not bear any significant social burden in the form of family support, and other people do not depend on his financial well-being.

I do not recommend any other category of citizens to start trading on Forex, especially trading with hands, since trading on Forex cannot by its nature be secondary, it cannot be combined with regular work, since it requires all your time. You will wake up secretly at night and look at the graphs in the phone, or do something else big nonsense- wake up at night, look at the charts and make decisions about how to open a position. At work, you will constantly be distracted by your colleagues secretly to find out what is happening in the market - whether the price got your take pro, or maybe it knocked out the stop loss. I'm not imagining - I'm citing examples from my own experience.

In this case, there is no need to talk about any quality trading, and your efficiency at work will decrease significantly, and your relatives will think that you have a gambling addiction, and they will be right in some ways, so it’s better to immediately discard ideas about independent Forex trading, since you won't make money on it. Do not pay attention to advertising on the Internet that encourages you to start trading on Forex, we will talk about this advertisement separately below.

Manual Forex trading using other people's signals

One way or another, many novice traders come to the conclusion that they will not be able to trade completely on their own, so it makes sense to find a trading “guru” on the network who will teach trading and / or provide a subscription to their trading signals in the form of email or SMS mailings.

By itself, the idea of ​​this approach is correct, in order to learn - you need to learn, and preferably on real examples, tied to various analytics on trading systems, the conclusions of which succinctly turn into trading actions.

The problem with this approach is that if you search for “forex trading signals” in a search engine, it will give you the following results.

That is, there will not be a single independent project in the top of the issue that would actually provide any adequate service of analytics / trading signals from professional traders. A similar situation is observed for the request “forex education”. If you scroll through the search engine results, you may come across commercial projects that provide analytics / signals for money or for free, subject to registration with brokers using their affiliate links.

In other words, you have no chance of finding a real independent service with trade analytics from professional traders, simply because you will use search engines to search the Internet, which is quite logical; but all the requests that you drive into the search bar “trading signals”, “forex education” are commercial requests and, accordingly, you will see only commercial projects in the search engine results. Such projects spend quite a lot of money in order to get to the top of the results and crowd out any projects created by professional traders, simply because professional traders are not professional webmasters, and their web projects, if they want to make them, will never be in the top. issuance for basic requests. The only way to stumble upon these projects is through the recommendations of other traders, but not by searching the net through search engines.

For example, I will cite the gelium.net project, although the author of this project personally does not like me very much, and I do not favor him either. The site has good analytical articles, as well as constantly updated good analytics on graphical analysis, which, in general, no one reads.

If we talk about those projects with trading signals that are issued by search engines, then it is worth thinking about the following question - who are these people who give us recommendations and analytics? For the most part, these are just hired hacks who understand Forex a little better than a city pigeon, who do not trade in Forex themselves, but receive a small reward from the project manager for their analytics / signals.

Their task is not to teach you how to trade forex, their task is to push you to trade with their broker, or push you to a paid “premium subscription to super-duper profitable trading signals”. With this approach, they will definitely earn money from you, and then others will come from Google and Yandex, so no one will hold on to you. If you decide to trade on Forex using other people's trading signals, then you won't earn. Your task will be to minimize your financial losses and maximize the knowledge gained.

Automated trading with the help of foreign advisers (automated trading systems = ATS)

Having gained your first trading experience and having read hundreds of Internet pages devoted to trading, you begin to understand that in order to trade on Forex, and even more so to get a stable income, you need to develop, test and strictly adhere to a certain trading system. In fact, you have to develop an algorithm and, like a robot, stick to the execution of this algorithm while trading, but who else can stick to a given algorithm better than you? Of course - a computer program. A computer program that contains a trading strategy and which can trade independently on the forex market is called a trading advisor or an automated trading system (ATS). To independently write such a trading robot, you must have the appropriate knowledge of programming and the presence of a trading strategy that can be built into an adviser.

The average novice Forex trader usually does not have an established trading strategy or programming knowledge, but the desire to use a trading robot is quite strong. The natural solution in this case looks like searching the network for someone else's trading robot and using it to trade on your own accounts.

There are two main ways to purchase trading robots:

• buy a paid trading advisor;
• find and download a free or paid hacked trading advisor.

The network has a fairly large selection of trading robots, both paid and free. Of course, most of them are rather low-end products, based on the toxic trade, superimposed on the absence of any coherent trading system. And this applies to both free robots and paid ones.

The use of trading robots in trading has the following advantages.

• The most important thing is the ability to test the robot on a long period of trading history and get realistic trading performance of the corresponding robot without risking real money and without spending a lot of time on “online tests”. No manual trading strategy allows such testing.
• Trading using ATS does not require the trader to constantly monitor the market and constantly make decisions about opening or closing trading positions - this frees up a huge amount of time for the algorithmic trader, although, of course, it is necessary to periodically look at the market.
• Psychologically, trading with advisors is much simpler than manual trading, since all trading decisions are made in advance, and the algorithmic trader is only required to decide at certain points whether to continue trading or stop.

Trading with advisors from the outside looks like a fairy tale - you press the button, and everything trades and earns by itself. But, of course, everything is not as simple as it seems. The process of searching for trading robots, their correct testing, and even more so correct use- these are all topics for separate large articles, and I will not even try to consider them here, but I will say that in general this is a very good direction for your own development and learning to work on Forex.

The search for ready-made trading advisors and the search for reviews about them will lead you to various sites / forums in which a variety of forex people hang out, including those who trade in the market both with the help of robots and with their hands; communicating with this audience will somehow increase your level of market awareness. Testing various Expert Advisors in the trading terminal and analyzing the algorithms of their actions will increase your knowledge about trading systems, how to implement them, and their effectiveness.

At the same time, you don’t have to run these robots on real accounts at all, the search and research process can be carried out without any tangible trading risks, especially since for the most part you can test in the terminal not only free advisors, but also paid ones. For example, in the market of the mql5.com portal - the main centralized platform for the sale of advisors for the most popular MT4 trading terminal, you can safely test it in your terminal before buying an advisor, studying the trading systems that are included in them according to the history of trades displayed on quote charts .

At the same time, almost all other paid advisors that are sold outside of mql5.com can also be tested in trading terminals either free of charge or practically free of charge by renting advisors for one month.

Do not be deceived by a large selection of trading advisors. Most of them, including paid ones, cannot make stable and long-term earnings, and most of them are obvious scammers. For example, at the beginning of 2017, I “wooled” the mql5 market mentioned above, and out of dozens of tested Expert Advisors, only one, in my opinion, was really working, and working, without using . Among the free robots, the situation is approximately the same. Of the traders I know, there are those who, being accomplished specialists in their field of activity, started learning Forex precisely by using other people's trading robots and achieved good results, albeit not immediately. robots it one of the real ways to make money on forex, but this method is very complex, requiring deep immersion in the "topic".

Automated trading with your own Expert Advisors

Two main ways lead to the idea of ​​creating your own trading robots:

• if you want to automate your own manual trading system, the algorithm of which you managed to accurately describe;
• if, after working closely with other advisers, you understand / decide that you can improve the trading logic of the robot used by making changes directly to the code.

It is worth noting that in order to create your own PBX, it is not necessary to have programming skills, since the implementation of the robot can be ordered from professional programmers. Your task, in this case, will be reduced to the formation of an extremely detailed terms of reference for programmers and to the subsequent thorough testing of the result.

On the other hand, such an approach is quite complicated and time-consuming, and besides, you will have to pay for the work of a programmer.

I once used a third-party programmer to develop my own trading robot, to be more precise, the goal was to significantly remake a third-party open source robot. The result was an Expert Advisor that I used at the beginning of 2015 in my work. Subsequently, the idea was recognized by me as unpromising - I closed the account and stopped the development of this particular robot.

This experience significantly refreshed my knowledge of the MQL4 programming language, which I studied earlier in 2008-2009, and in my subsequent development of trading robots, I did not resort to the services of third-party developers, but programmed it myself. For example, I started developing trades in mid-2015 without the help of third-party programmers.

As a result, since the end of the summer of 2015 and up to the time of writing this article (beginning of the summer of 2017), it was the trading of my own adviser with my own money that brought me the main income. During the specified period of time, the income amounted to about 85,000 US dollars, the money, of course, is not so big, but it’s good that this is not my only source of income))).

Dynamics of my income received from trading my own bollinger robots at my own expense

I personally know at least two traders who have gone through a path similar to mine to their own development of automated trading systems. Obviously, a novice trader will not be able to immediately move to such a level, but it makes sense to outline just such a path in his development, especially if you have firmly decided to engage in trading as your main profession (which I do not recommend to anyone), and you have programming skills.

If you ask a question about whether it is possible to make money on Forex by creating and using your robots in trading, then the answer is yes - so you can earn, but such an activity cannot be “additional earnings”: this is either your main professional activity, or you will not be able to earn money in this way.

Forex investment

Investing in Direct Trust Management in Forex

Not trading, namely investing - this is the tool that a wide audience can use to make money on Forex. First of all, this is due to the fact that investing, unlike trading, can be an additional activity of the investor, which does not damage the main work, since the investor spends significantly less time than a person trading forex.

The most difficult thing in investing in Forex, as in any other investment, is to find a high-quality investment asset - that is, a manager who could actually increase your funds without exposing them to unacceptable risk. Actually, the search for such assets is entirely devoted to, and we are completely for sure, we do it better than anyone else in Runet - no matter how pathetic it may sound. I wrote in detail about the scheme of work through direct trust management several years ago in, and, at the moment, it has not lost its relevance at all.

The most important advantage of working according to this scheme is that you are not limited to choosing only those sites that have an investment service, working according to the direct trust management scheme, you can choose exactly the broker that you trust the most and with which it is most convenient for you to work - possibly in the British, Swiss or European jurisdictions, which are considered the most reliable, but which do not provide investment services to automate the interaction between the manager and the investor. Also, working according to the direct remote control scheme, you can individually discuss the risks of trading with the manager.

The biggest disadvantage of direct trust management is the high minimum investment amount at which the manager will agree to work with you individually. Typically, the minimum investment amount for this scheme of work is at least $10,000.

Of course, novice investors will have a natural question - where to find a good manager? It is most logical to look for managers where there are monitoring of their work - PAMM platforms, auto-following systems and trading account monitoring services. e.g. myfxbook.com.

The manager must be a professional, that is, trading in the forex market must be his main activity. He must have a fairly long trading history, and he must have a fairly solid amount under management for a long time - at least 100-200 thousand US dollars.

Before entrusting their money to anyone, an investor must, at least in the basic mode, understand the features of the manager's trading system, as well as make sure that the manager himself is adequate. The last point is very important - you must be sure that the main goal of the manager, when working with you, is to earn money for you and, as a result, money for yourself, while the manager must make contact. Communication with the manager is an important part of the investment process, in my opinion, the investor should be interested in the affairs of the manager, while of course you need to know when to stop and not spam for no reason.

Ignoring, inadequate behavior, opaque motives in the actions of the manager - all this should alert the investor.

I also don't see any clear reason why a manager might refuse to meet his biggest investors in person. If you invest more than $50,000 in a manager, then you can definitely ask for a personal meeting with him, and the refusal must be very well motivated.

Based on my experience, I can say that the direct trust management scheme is one of the most effective for both the investor and the manager. The investor can count on significant Better conditions when working with the manager directly than when working through public investment services, and the manager, in turn, receives a regular client who invests in the long term.

For example, almost all of my major investors with whom I personally communicate, and they often take the initiative of this communication, have investment conditions somewhat better than the general conditions on my PAMM accounts. And it is also my largest investors, who invest for a long time and stably, receive the greatest income, both in relative and in absolute terms.

In my opinion, for professional investment of fairly large amounts in the forex market, the direct trust management scheme is one of the most effective and profitable, allowing you to make real money on forex. On the other hand, it is not the most convenient, since one has not only to look for managers, but also personally negotiate with them on the conditions for transferring funds to management.

Investing in trust management through PAMM accounts

The logical decision of forex brokers was to create automated systems simplifying the interaction between managers and investors. Such solutions are called differently by different brokers: PAMM, LAMM, MAM, RAMM, "Managed Accounts" and so on.

All these solutions boil down to providing clients of a forex broker with a technological platform that allows investors, without contacting the manager directly, to invest in his trading, and managers to take funds from tens, hundreds, thousands of investors into management completely automatically, without spending money on it. own time. Settlements between investors and managers within these technological solutions also take place completely automatically, and neither the investor nor the trader can deceive each other in any way.

You can learn more about investing in PAMM accounts.

The technological solutions mentioned above have reduced the minimum investment amount to a completely insignificant amount of $10-$100 for various sites, which, of course, has made PAMM accounts the most popular way to invest in Forex, since literally everyone can afford such amounts for investment.

On the one hand, PAMM accounts gave the market a fairly powerful impetus to development, but later it became clear that investors, especially beginners, cannot really choose from the whole variety of PAMM accounts that are managed by professionals and that in the long run bring a relatively stable profit. And this is not surprising, because there are thousands of PAMM accounts. At the time of this writing, the Alpari rankings included 3580 PAMM accounts!

And according to the “Broker’s Pulse” section of the investflow.ru portal, in total, all the main PAMM sites are now open 14642 PAMM accounts! A lot of? A real nightmare.

Do you know how many of these accounts are managed by professional managers? No more than 50 accounts, taking into account the fact that one professional manager usually has several PAMM accounts.

As a result, a novice investor simply does not have a chance to invest in normal PAMM accounts, and investing in all other accounts leads to losses and subsequent disappointment in investing in the forex market. Many even come to the conclusion that it is impossible to make money here, but I would not be so categorical - like in any other type of investment, you can make money here, but it is quite difficult.

As part of this blog, we, together with readers, have been learning and improving for many years in analyzing PAMM accounts and in finding really worthwhile instances. We are constantly writing new and different ones, which in one way or another are devoted to methods of qualitative analysis of trading accounts and methods of correct investment. We have also been publishing our investments on a weekly/monthly basis for many years.

All this helps us in one way or another. earn from our investments in PAMM accounts, avoiding pitfalls and following only the course of accurate calculation.

Connection to auto follow systems

Forex auto-following systems are an alternative technology to PAMM-accounts for bringing investors and traders together, the essence of which is that trading signals from traders' accounts are copied/transmitted to investors' accounts, while, very important, the trader receives remuneration not in the form of a percentage of the subscriber's profit, but in the form of a fixed amount for each trading operation or for a certain period for which the investor has subscribed.

As a result, a rather significant, in my opinion, conflict of interest arises, since the trader is not interested in maximizing the profit of the subscriber. I think this is a very big problem with auto-follow systems.

On the other hand, unlike PAMM accounts, which technically can be organized exclusively within one forex broker, auto-tracking systems are much more versatile, and they are not limited to one broker, but can combine traders / subscribers of a huge number of different forex brokers .

Probably the last factor somewhat compensates for the shortcoming described above, and as a result, auto-following systems have also become quite widespread.

You can read more about the principles of operation of auto-following (auto-trading) systems.

At one time, I was quite actively fond of auto trading systems, moreover, opened at the beginning of 2014, it was a portfolio of signals from the site. At that time, I did not have enough experience to form a really high-quality portfolio. As a result, a certain number of idle traders ended up in the portfolio, who, all as one, began to merge with the advent of the autumn trends of 2014. On the other hand, I had enough experience to close this PAMM account in time, as a result, the account was closed with a profitability in the near-zero zone with a drawdown of no more than 30% of the maximum.

The very fact that the signals of autotrading systems can be combined on one account speaks of the flexibility of this tool, but professional managers, unfortunately (or fortunately?), realize the value of their trading signals, do not sell them on such platforms, which means finding a professional trader in autofollowing systems it is even more difficult than on PAMM sites.

Despite the vast investment experience that I have, I myself do not invest in auto-following systems and do not know anyone who has done it successfully over a long period of time. As a result, I tend to conclude that it is extremely problematic to make money in this way on forex.

Forex money management

Investor capital management by means of direct trust management.

If you not only chose the path of trading as your main activity, but also upgraded to such a level that you started earning stable money on Forex from trading, then sooner or later you will come to the understanding that managing not only your own funds, but also the funds of investors, you you can earn significantly more.

A trader who has a good trading idea in his arsenal and consistently earns on it is a much rarer beast than an investor who is ready to invest his money in such trading. Do you think it is difficult to find an investor? No, it's not difficult at all. There are many ways to advertise your trading so that people with money will notice you, of course, this is provided that you have a quality trading system.

For example, you can write a detailed article about your trading system in , and I will publish it. Ideally, if you use a robot in trading, then, even without a trading history, you can interest potential investors with your backtests - running an adviser on historical data.

If your system turns out to be really interesting and working, then I myself will give you money to manage, if it does not interest me, it is possible that it will interest someone else. In addition, you can declare yourself as a potential manager not only on this blog, there are quite a lot of specialized forums on the network where you can open your branch.

But if you decide to manage other people's money, then you must remember that this imposes additional restrictions on you as a trader.

• Eliminate Marginal Yield Targets Completely. For an investor, the most important thing is to keep his capital, and the goal of increasing it is already in the background. Absolutely all normal investors will be satisfied with the yield in the range of 50% -100% per year. There is no need to strive for higher returns, even if the investor asks for this, by doing so you expose his investment to unnecessary risk. At the same time, it is quite normal for an investor to expect a return in the range of 25% -50% with the lowest possible risks.
• Strive to ensure that your trading quality, in terms of the ratio [average annual return] / [max drawdown], is at least 3:1. That is, with an average return of 90% per year, it is ideal that your maximum drawdown on all historical data does not exceed 30%.
• If the quality of your trading has increased due to any innovations, then use this to reduce the risks of trading while maintaining the target profitability at a given level, or to increase .

If you can really provide investors with the above indicators, then there will definitely be more than enough people who want to give you money to manage, of course, provided that you are ready to work with each potential investor - you never know which investor will eventually give you money to manage $100,000. But I assure you that it is very difficult to achieve the trading indicators listed above, all the more so to prove to investors that these indicators were at this level in the historical period of time.

Investors who are considering the possibility of investing relatively large amounts - from $20,000 and more, are often interested in investing not through offshore forex platforms, but through regulated jurisdictions: in Switzerland, Britain, Europe. Technically, it should be unimportant for you where to trade, because all the problems with opening an account and replenishing it fall on the investor, but tell the investor where, in your opinion, the most acceptable trading conditions and reliable brokers, you must.

The process of transferring funds by an investor to direct management is the transfer of a login and password from his trading account to a trader.

For example, at the time of writing this article, I have an investor account opened in the Swiss bank Dukascopy, an account opened in , and an account opened in . There are about $150,000 in these accounts, with a total amount of funds I manage (including on my PAMM accounts) of $800,000, which is approximately 20% of all the funds I manage. That is, three investors provide me with 20% investments, and in total about 170 people invest in my trading on all platforms. Thus, 2% of my investors provide me with 20% of all investments through direct trust management. Moreover, I believe that the proportion of funds that can be directly managed may well reach up to 50%. Now, to reach this level, it is quite enough for me to find two more investors who will invest $300,000 in total in my trading.

Thus, for a professional manager in the forex market, direct trust management may well be the main source of income, which will exceed the income of the manager both from all his PAMM accounts and income from trading with his own funds.

Forex investor capital management through PAMM accounts

Learn to trade on Forex, open a PAMM account, attract investors and start chopping cabbage - this is probably how novice traders imagine their future path. PAMM accounts are the most public part of the Forex investment iceberg, in any case, it is the most massive, although I am sure that it is not the most monetary.

It is the massive public interest in PAMM accounts that makes them not just a tool for making money for a manager, but rather his calling card. A PAMM account with a long trading history, a large amount of money to manage and good results is a very fashionable thing, almost a summary in the world of forex trading.

Therefore, if you are a professional trader, or if you think you are, you should have a PAMM account. It is possible that he himself will not directly bring you the main income, but communication around PAMM will very likely help you find large investors who will make you an “interesting offer”.

On the other hand, a manager can make very good money on PAMM accounts. In 2015, Anton wrote an excellent one. In it, he calculated how much successful (at the time of this writing) managers at the Alpari site earn. Judging by the conclusions of this article, successful PAMM managers can really make good money.

If we talk about me, then on my public bollindger PAMM accounts for a year and a half: from the moment they were created until the summer of 2017, I earned about $22,000 as a manager. A very modest amount, especially considering that on average I managed about $400,000 - $500,000 during this period of time, that is, I earned significantly more from trading with my own funds.

In my opinion, the main thing in this business is stability, only it is the key to a gradual increase in the income level of the manager. Of course, there are those who like to “go for the whole cutlet” - but this is the wrong behavior of the manager, which puts at risk both the money of investors and the reputation of the manager. In turn, systematic and conservative trading will bring you, as a PAMM manager, a tangible income only when you reach the volume of managing amounts of $500,000 or more.

Sale of subscriptions to own trading signals through auto-following systems.

But this is a very interesting scheme for earning money for a forex trader. For a professional trader who is ready to publish his signals in public, such a way of earning can most likely only be additional, but not the main one, because its volume is determined not by the amount of funds for which the signals are broadcast, but by the number of subscribers. In turn, practice shows that the majority of investors are “led” to a beautiful yield chart, and not to a deep analysis of a trader’s trade. As a result, those traders who adjust their yield chart due to risky ones to an ideal increasing curve earn on trading signals. .

My favorite example of such trading and the corresponding behavior of the crowd is the Calm signal account from the autotrading platform mql5.com.

Within six months, the number of subscribers to this account ranged from 900 to 2700 people, which means that the manager earned at least a month from (900 * 20 )*0,8 = ~$15,000 to (2700* 20 )*0,8 = ~$43,000, where $ 20 this is minimum cost subscriptions, and 0,8 - this is the share that the manager receives directly from the amount of subscriptions, Much? A lot. And now the drum roll - the signals are broadcast from cent account on which lies $100, belonging directly to the trader, trading is carried out from a mobile phone, and no one knows anything about the trader and his trading system. The peculiarity of this trade is that the first powerful trend of the EURUSD pair, which happens every two or three years, will kill this account and the accounts of the majority of subscribers, and how much will the trader lose? Correctly - $100 .

Thus, a specially built trading scheme can allow managers to earn quite tangible amounts by selling their own signals, but most of the subscribers of such signals are likely to suffer significant losses. Of course, not only "doubtful" traders broadcast their signals, among professional traders there are enough those who sell your signals.

A striking example of such a manager is Lucky Pound, which we are all talking about. The manager sells his signals on the myfxbook autotrade autotrade site (I wrote about the site itself in ).

And how much do you think Lucky earns on this site? According to my data, about $300 per week (I have very reliable sources), that is, no more than $1500 per month, which of course cannot be compared with the previous example. Please note that at the time of this writing, the specified trader is the leader in terms of the number of subscribers on the mentioned autotrading platform.

I myself have never sold trading signals on auto trading platforms, so I don’t have any statistics on my own income from this type of activity.

And now we will move on to one of the most effective methods of earning money associated with forex, namely affiliate programs. It is generally not customary to talk about this, and it is not customary to discuss it in public, but I cannot but touch on this topic, especially since I have extensive experience in this area and a large array of interesting financial statistics.

Absolutely all, with extremely rare exceptions, forex brokers have an affiliate program, and most of these affiliate programs are based on the payment of a lifetime reward from attracted clients as a percentage of the commission / spread on their trading operations.

I am also affiliated with several forex brokers, which is pretty clear from the links posted on the blog. For example, Alpari's affiliate link looks like this http://www.alpari.ru/ ?partner_id=1201915 where the bold part of the link is my affiliate code. If a client, after clicking on this link, registers on the Alpari website, then he falls into my referral group, and I begin to receive a reward from Alpari for him in the form of 20% -40% of the spread / commission from all client trading operations. It should be noted separately that the size of the spread / commission of the client is not affected in any way by whether he falls into someone else's referral group, or registers on the site directly, without an affiliate link.

I have been a partner of Alpari for a very long time, but at the same time, this activity has never been my main one, that is, the income from this activity is insignificant for me, but a pleasant addition to my main earnings. And now let's see how much I have earned as a partner of Alpari since the very beginning of my activity.

In total, from the beginning of 2011 to the middle of 2017, I earned a little less than $ 30,000. Since 2013, a certain increase in income is visible - this is the moment when I started writing this blog. Over the past three years, my income has been on average at the same level and ranged from $400 to $800 per month. There could be much more, but for this you need to create a fairly large portal dedicated directly to trading in the forex market, and not a private blog dedicated to real investments.

How much more could you earn? And I have an answer to this question. For example, the largest partner of Alpari is a commercial affiliate project tradelikeapro.ru, according to my data (and I, I repeat, very reliable sources), the amount of their affiliate income from Alpari alone for one month is about $ 80,000 - $ 100,000. Cool, isn't it? The funny thing is that there is not a single project on the network that would try to copy their business model, and even funnier is that these guys treat real trading “because”, but their main task is to “attract customers” they do with a bang.

I used to be a rather active partner of the FXOpen forex broker, but now I consider the broker unpromising, I withdrew my own money from it and stopped promoting it in any way. In general, I adhere to the following policy: I recommend to readers only those Forex brokers that I work with myself. Obviously, this approach is unlikely to maximize my earnings from forex affiliate programs, but it is honest.

The problem of finding adequate information on the topic of forex rests primarily on the prevalence of affiliate programs, since all search engine results are clogged with sites specifically designed for partnership programs, and these sites are made by professional webmasters who do not understand anything in forex, but they know how to make “correct” sites and how to promote them. Getting to my blog, which has a lot of useful information for beginners, is not knowing person practically unrealistic, which is a pity, since it would help thousands of people to save their savings, and hundreds could increase them.

Affiliate activity with remuneration in the form of a part of the commission / spread for trading operations of attracted clients

Less common in Forex are affiliate programs in which either a fixed amount is paid for an attracted client, or a certain percentage of the client's deposit amount. These affiliate programs are primarily used by fraudulent brokers. How to distinguish a fraudulent (doubtful) forex broker from a normal one, I described in detail in

At the moment, such affiliate programs are used by the two most seasoned "" in the CIS - the Forex Club company and the Teletrade company. I strongly advise against dealing with both companies.

Who is interested in such affiliate programs? First of all, to the guys who specialize in "internet traffic arbitrage" - they buy advertising space on the Internet and place ads for brokers with a similar affiliate program on them. It is very important for them to recoup their advertising costs as quickly as possible, and to sum up the effectiveness of the campaign.

Why are such affiliate programs not common among normal forex brokers? The fact is that normal forex brokers believe that their profit is a commission and a spread that clients pay while trading on forex, respectively, they can share these amounts with their partners. In turn, fraudulent forex brokers believe deposited customer funds with their profit and, accordingly, they can immediately pay off their partners.

I myself have not been involved in attracting clients through such an affiliate scheme, since I think this is wrong. But, if you discard my prejudices, such a scheme is quite profitable, and you can make money on it. At its core, it repeats the schemes for attracting "fools" in online casinos and in online casinos, which are worked out exactly by "arbitrageurs" in the same way.

Partner activities to attract investors with remuneration in the form of a percentage of the income of the manager

Partnership activity to attract investors for managers in order to earn a share of the profits of the investment itself has been in its infancy for quite a long time. The problems of this partnership activity are very diverse. One of the main reasons for the underdevelopment of this activity is that forex brokers do not receive any profit at all from such activities, which means that most of them have no desire to participate strategically in the development of this area.

For example, on the Alfa-Forex PAMM platform there is no functionality for a manager that allows him to reward agents/partners for attracting investors from his profit. Moreover, I saw such functionality only on two sites - on Alpari and on FXOpen, and then only on Alpari its implementation is more or less acceptable for full-fledged work.

As a result, the only normal way to work according to such a scheme on sites outside of Alpari is to almost personally bring investors to the manager, with whom you also personally negotiate the terms of such cooperation. Agree, not very convenient.

The second problem is the lack of understanding by managers of the importance of using agents to attract investors. Many managers do not want to share profits with agents at all, mistakenly believing that investors will come to them even without them. And those who are ready to share profits with agents, for some reason, do not understand that 10% or even 20% of the manager's profit is a ridiculous amount for which no one will work. In reality, the "working" percentage of remuneration to agents for attracting investors from the amount of the manager's profit should be in the range from 33% to 50%. Why? Because with these investors, without the work of an agent, the manager would have an income of about $0, since they simply would not invest in him.

Speaking about me, I have both a little experience in attracting third-party PAMM accounts as a PAMM agent, and the reverse experience - working as a manager with agents to attract investors.

In particular, I have been a PAMM partner of a Merk manager's PAMM account for a little less than a year with a remuneration percentage of 33% of the manager's income. How much did I earn during this time? About $250 is not much.

At the same time, I have agents to attract investors to my Bollindger PAMM accounts, who specialize in attracting completely different investors. Agents who attract small investors through their personal blogs earned the least in a year - somewhere in the amount of $50.

Most of all during the year, agents who attract offline relatively large investors earned - somewhere in the amount of $500, although they attracted only 1-2 investors.

As you can see, the income is quite frivolous. Is it worth burying such an activity and discounting it? No, I don't think it's worth it. If you have found a really good manager who does not drain investors' accounts, has been trading for years in a plus, and there is a certain confidence that you can attract investors to him without being afraid to receive guests with a soldering iron one night, you can work with such a manager. But in order for this activity to bring tangible profit, you need to follow the following rules

• Your remuneration must be at least 5%-10% of the gross investment income or 33%-50% of the manager's remuneration;
• If you attract a lot of small investors through the Internet, then there should really be a lot of them - the number should be in the hundreds.
• If you attract investors offline, then they must be really large with minimum investment amounts of at least $5,000 - $10,000, with an average check in the region of $20,000 - $30,000, otherwise you will not be able to recoup the costs for the time spent, especially "earn ". And of course, the number of attracted investors should be in the tens.

In addition, do not forget that the attracted investors, for the most part, will work in the forex market for the first time, which means they can be registered with forex brokers using their affiliate link, that is, in fact, earn extra money according to the scheme described in paragraph 4.1. of this article, without any prejudice to the investors themselves.

I am sure that you can earn money on this forex activity.

Forex activity.

Sale of all sorts of rubbish: training courses, webinars, literature on working in the forex market and other things

In the near-Forex space, there has always been an abundance of all kinds of riff-raff. Someone wrote books about Forex, someone taught beginners for money, someone organized thematic webinars. Even I once got paid training, back in 2007, at the “Academy” of the Forex Club ... there were troubled times. But none of all these comrades ever gives a clear answer to one simple and logical question: “Fuck you, you are here for a thousand rubles you get out: teach, webinar, write books, but don’t fuck with forex and don’t earn millions? "

No, I don't think these guys are scammers, they just do what they can. It's probably good that they realized that Forex trading is not for them. It's bad that they fool strangers, but on the other hand, at least they do it relatively honestly and get their money for the service they really provide.

Can you make money from this activity? Probably possible. Is it possible to earn a lot from this activity? If you are not Gerchik, then I think that it is impossible.

Selling your own trading robots, indicators and scripts. Forex programming to order.

I myself have never sold my forex software products and have not programmed anything to order, but I have great respect for the guys who do this, and I consider such activity to be quite normal. Moreover, I used both the services of developers and repeatedly bought ready-made solutions for trading - sometimes this is really necessary.

We all work on Forex with one goal - to make money, and if we use some kind of technical solution for this: an adviser, an indicator, a script that helps us, then we can quite pay for it.

Obviously, ready-made profitable trading robots, if the creator decides to sell them, will cost quite a lot, and they will be bought in extremely moderate quantities. In turn, various "assistants" in trade will cost relatively little money, but the demand for them can be massive.

It is possible to make money on this activity if you are a programmer, but the competition is quite high, and potential buyers are relatively poor, which means you won’t be able to earn much.

Fraudulent activity under the guise of working in the forex market

The organization of financial pyramids hiding behind the legend that these pyramids are forex brokers

The biggest problem in the forex market is scammers and, unfortunately, within the framework of marginal forex, this problem will not go away. By marginal forex, I mean forex from offshore jurisdictions that uses gray schemes to attract inexperienced clients: cold calls, promises of high profits, a beautiful life, a way out of financial slavery and other tempting things. The main problem is not that specific people suffer from the actions of scammers, but that the general image of the forex sphere suffers, including the institutional one - operating within the framework of regulated jurisdictions.

The biggest image impacts on the forex sphere are caused by financial pyramids, which are covered by the legend of working on the forex market. In 2014-2015, the pyramidal essence of companies that imitated investment work on Forex was revealed: MMCIS, Mill Trade, Forex Trend, Pantheon Finance, which by the time of their death managed to attract a huge number of investors and their money. To my regret, at one time I recognized the pyramids only in MMCIS and MillTrade, but I could not see them in the other two, and as a result, I myself suffered quite a lot from the collapse of Forex Trend and Pantheon Finance.

The scale of activity of these companies was very wide. The MMCIS advertisement was shown almost non-stop on the RBC TV channel, printed in glossy magazines and on public transport in all major cities of the country, including Moscow. It is obvious that the company rowed money with a shovel, but in the end it ended up like an ordinary pyramid. The other largest pyramid of this period, Forex Trend, was less represented offline and more online, where its drawn miracle traders, not many, but very steadily, made money for investors . All of us during this period were wearing rose-colored glasses, and we did not see, or subconsciously did not want to see, financial and commercial inconsistencies in all this disgrace. And the result is still the same - the collapse of the pyramid, and thousands of highly "disappointed" investors.

By the middle of 2015, in Runet, the words forex and PAMM accounts had turned into a curse and were strongly associated with fraud, deceit and a scam. People didn't want to listen to anything after they heard the word "forex": not about Swiss banks, not about the British regulator, not about quality trading and investments.

The consequence of these events was the writing by me of a good article on how to distinguish a scammer in a forex broker and everyone who plans to deal with forex, strongly.

How much did the organizers of these Forex pyramids earn? I think that if they survived, then their income is estimated at millions of US dollars, but this is clearly not an example to follow. Technically, these companies have nothing to do with Forex at all; for them, Forex has become just a kind of screen.

Organization of offshore forex kitchens

The oldest fraudulent activity in the forex market was the organization of forex companies registered on distant islands in the Pacific or Atlantic Ocean, which offer people to earn money on the forex market through them, and as a result, rip off gullible simpletons to the skin. Such companies do not bring such image damage to the sphere as financial pyramids, and the attitude of the public towards the victims of such companies can be formulated as "the fool himself." A detailed scheme of work, using an example regarding " soft kitchen"- Forex Club, I described in.

Unlike financial pyramid schemes, such kitchen companies can exist for decades. A vivid example of such a company is Teletrade, google reviews about it, and you will find so much negativity and an example of obvious fraudulent activities that gasp. Why they continue their activities, and why no one has closed them so far, I do not understand.

Most of the forex kitchens are small companies that are somewhere in the underground, which are engaged in cold calling on purchased client bases and offering "good money".

How much do these companies earn? It is difficult to talk about any specific figures, but their persistent presence on the market for many years suggests that at least the business is not unprofitable.

Organization of pseudo-trust management with subsequent theft of investors' money

The two previous fraudulent schemes imply a rather complex organization with the registration of a company in offshore companies and the purchase of technological solutions to simulate forex trading. In turn, there are lesser flight scammers who imitate successful trading in the forex market and offer to transfer money to them for management.

Unlike real trust management, when an investor transfers access to his trading / investment account to the manager, he offers to transfer money directly to him for management, which he will use at his own discretion. In order not to fall for the bait of such a simple divorce scheme, you need to follow one rule - your money should always be in a trading / investment account that belongs to you personally. Never transfer money directly to anyone who appears to be a manager, because they are 100% likely to be scammers who in the end will simply steal your money under far-fetched reasons.

It is quite possible that these scammers will have their own website, where they will reflect the amount of funds “invested” by you and will even draw a beautiful profit, but these guys will have nothing to do with the forex market and trust management. Technically, such a scheme is a small financial pyramid scheme that operates on a very local scale and is aimed at powdering "simple and narrow-minded heads."

Summary

Is it possible to make money on Forex? Quite, and you can do it in different ways, but there are only three main ways to make money on Forex.

• Do-It-Yourself Manual or Algorithmic Forex Trading. This type of activity is extremely complex and practically unrealizable for the majority of those who wish, since it requires complete immersion, and you can do it only as the main activity. professional activity. I strongly do not recommend trying your hand at forex trading, as with a high probability you will lose both your time and your money.
• Forex investment. The only possible way to really increase their funds for the majority of those who want to try their hand at Forex. This activity can and should only be an additional source of income for the investor, and should not replace his main occupation.
• Forex affiliate activity. A very specific activity in a highly competitive environment that is perhaps even more difficult than trading. On the other hand, successful representatives of this field, as we saw above, can earn really large sums.

Also, do not forget that for every newcomer in this area there is a scammer, therefore, if you first entered the forex market and are not sure of your actions, then it’s better for me, that is, before you start investing real money.

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Hello! In this article we will tell you about earnings on Forex (Forex).

Today you will learn:

• Is it possible to make money on Forex;
• How to make money on Forex;
• The main methods and recommendations for making money on Forex.

The topic of making money on Forex has not ceased for more than ten years. Every year, millions of people from all over the world register with Forex brokers, open deposits and start playing. Some earn, others do not, but this does not interfere with the hype around. Let's see how much, how and when you can earn on Forex?

Features of earning on Forex

Before talking about making money on Forex, you need to remember how this exchange differs from the Stock Exchange and talk about a few points that are associated with Forex brokers.

Forex - currency exchange. It was formed at the end of the 19th century so that banks and international organizations could exchange currency for mutual settlements.

But as time went on, an increasing number of speculators appeared who wanted quick money on currency fluctuations. And with the advent of the era high technology all trading moved to the Internet, and a huge number of forex brokers began to appear on the network. They "provided" access to the currency exchange to everyone for a modest percentage of turnover. Why provided in quotation marks? Let's figure it out.

The main feature of almost all Forex brokers is that they do not bring players to a real exchange. The volume of transactions, even within the system, is too small to form orders so quickly and buy / sell currency on a real exchange. The company simply enters into a contract with one of the liquidity providers - currencies, and with its help satisfies the withdrawal from the system and trading inside.

So what does not enter the real market mean?

Everything is simple. On a real currency exchange, as well as on the commodity and securities markets, stock traders play against each other. While some are losing, others are gaining in exactly the same positions. That is why an almost complete balance of profits and losses of traders is achieved (approximately 53% play in the red and 47% in plus due to broker commissions).

And from this equality comes the main principle of the exchange game:

I only win when someone else loses. Accordingly, I need to be better than half and another 5% of traders.

But with most Forex platforms, everything is different. The trader has to play against the "institution" - the broker that gives him access to the exchange. It follows from this that Forex, like many other games against the house, is an ideally calculated mathematical model that is guaranteed to bring profit to its owner.

But there is another point here - you do not need to play better than half of the players. Enough to play plus. It is most important.

Let's sum it up: the big Forex kitchen is a game inside the broker's platform. And it is carried out against him. When a trader wins, the broker suffers losses, which are partially covered by the commission for the transaction. When a trader loses, the institution makes a profit. As a result, it is beneficial for the institution that the players lose. But now brokers are playing fair. They themselves are well aware of the statistics on this market and realize that they are guaranteed to be in the black.

Of course, there are still banks as Forex brokers. They really provide access to a real game in the foreign exchange market. They can convert currencies for their clients, conduct transactions and earn income from a percentage of the volume of transactions. For credit institutions, it makes no difference whether the client plays in plus or goes into minus. They mostly care about commissions.

Currency is the most volatile (changeable) asset. Price fluctuations occur almost every moment. Quotes change from any news - from domestic politics, the situation with business within the country, and foreign policy. There are a lot of factors that affect currency quotes on a daily basis. And in order to understand such a spontaneous market, it will take a lot of experience and skills.

How much can you earn on Forex

Does it really follow from all of the above that it is impossible to make money on Forex? In fact, you can earn on Forex and even decent money. Many traders around the world consistently go into plus for 5-6 recent years after entering this market.

Even beginners without much experience, but with a good theoretical basis their knowledge can start earning literally on the first day. But this is rather an exception to the rule.

Now let's talk about specific numbers. If we take as a basis the published reports on (an analogue of trust accounts: investors transfer money to a trader, and he makes transactions for this amount), the average profitability of Forex is 200-220% per annum.

This is a very significant indicator, which is quite realistic to achieve. And if we take into account that the trader will most often trade with his own and borrowed funds, then it will be quite possible to achieve 300% per annum. The maximum earnings that you can count on in the short term, playing an aggressive game - from 20 to 100% in 3-7 days. But such a game will "kill" the account in just a few trading sessions.

But much more often, the profit of beginners and average players rarely reaches 100% per annum. It is difficult for most of them to reach even bank income - 10-15% per annum, while top players continue to hit the heights.

How to start earning on Forex

You can start earning on Forex in 7 stages:

Choosing a broker

Since you cannot enter the exchange on your own, you will have to use the services of brokers. Choosing a broker is one of the most important steps. It is on this that success in trading depends - the lower the commission, the more chances to make a profit, as well as the opportunity to withdraw the money received.

We choose a broker according to the following criteria:

One of the most important parameters to look at when choosing a company. He will talk about what other traders think about this broker, how they evaluate working with him, about all the pros and cons of trading.

Company lifespan.

The same important parameter as the rating of the broker. It allows you to find out how much a company is on the market, and this allows you to judge the legality, profitability and stability of the service. Also, the lifetime of a broker reflects popularity among clients - the older the company, the more reliable it is, and often the better services it provides.

It would also not hurt to find out where the company is registered, for whom and in what zone.

Companies that are registered and licensed in Europe are much more reliable than all others, because European legislation carefully monitors the entire forex kitchen and does not allow dishonest brokers to enter the market.

Minimum deposit.

One of the most important parameters for each particular trader. Often, more serious sites have significant amounts of entry into the game, while sites for earning money on beginners have a lower entry threshold. As for banks, as forex brokers, they often have a minimum deposit amount of thousands, if not tens of thousands of dollars.

Spread value.

Spread is the difference between the minimum purchase price and the maximum sale price.

For those who are not familiar with the financial markets, the spread can also be called a broker's commission. As mentioned earlier, the lower the commission, the more chances to play a plus.

Bonuses, service and technical support.

The least important, but still noteworthy point. Now in many forex networks there are bonus programs like doubling the first deposit, etc. The presence of such promotions allows you to start with a lot of money and have much more opportunities for profit than with a small deposit amount.

Support is also an important factor. Prompt responses and consultations on all emerging issues are a sign of a good broker. You can ask competent technical support about all technical questions regarding software or trade. In some cases, technical support can even advise on where to start for a beginner.

Software installation

The easiest step on the way to bidding. Different brokers may supply different platforms. The task of the trader is to understand the provided software, install it on the computer and try out all the functions in the personal account.

MetaTrader 4 - classic software for playing Forex. It is this program that is in service with most brokerage companies.

After installation, you must either use the instructions sent, or find it on the Internet, or with the help of those. support to understand the main functions of the trading terminal. And after you understand the basic functions, you will have to choose a currency pair.

currency pair is the ratio of one currency to another. On Forex, trading takes place on them.

After the necessary technical experience is obtained, it will be possible to move on to trading 3-5 currency pairs.

Demo account test

A demo account is suitable for those who either doubt their abilities or want to try out all the tools of the trading terminal like real trading.

You need to spend one or two weeks on a demo account to understand how a deal is opened, how stop losses are set, how to fix a sale. During this time, you need to study all the technical aspects that will help you understand the technical side of Forex trading.

In order to practice understanding some strategies, a demo account is also suitable as well as possible. It allows you to see the places to enter a trade, to exit, remember the behavior of the charts, some tricks and other features of the behavior of the charts.

But as a real training in trading, such an account will not work. Indeed, in the game for real money, you will have to cope with real emotions, temptations, and a whole psychological burden on the player.

The biggest enemy of a trader is himself. His emotions that make him commit rash acts in pursuit of profit. Thousands of players have easily managed to get a small plus on a demo account, some even doubled their deposits, but when it came to playing for real money, people invariably lost.

Opening a real account

This is the very starting point from which the Forex game begins. It is recommended to open an account with the minimum possible investment. This is done in order not to risk large sums. According to statistics, a beginner loses 2-3 deposits before starting to go into profit.

This means that at the very beginning, give up large investments. It is better to limit yourself to 100-200 dollars for a deposit. This will allow you to "test" the ground, to understand whether there are abilities for Forex and to soberly assess your chances. If the fourth deposit still goes to the drain, you must either abandon the idea of ​​making money on the currency exchange, or try to further acquire the necessary knowledge.

Getting to the breakeven point

The so-called trading to zero. It does not bring income, does not bring losses. This is the very starting point on which the beginner should gain a foothold. After the losses at the initial stage, this will be the first serious victory. It is necessary that the break-even point gradually go into plus or stay at the same level for several weeks.

As soon as you begin to understand that you will not work at a loss, you can increase momentum, increase your trading account and extract the maximum profit from trading.

First profit

The moment when there was a significant increase in the amount on the trading account. This is the second victory, but it often goes away quickly enough. Traders at such moments think that they have already learned everything about Forex and now they can be guaranteed to get a profit. And at such moments, the deposit again sags by a decent amount of money.

At this point, the main thing to understand is one simple thing: stability is a sign of mastery. This means that experienced traders are not the ones who extract 60-100% in a few days, and then also safely merge in one transaction. These are the people who continue to increase their trading account for years, despite some drawdowns and profits. A flat upward curve is a sign of a measured and prudent trader who really knows how to play on the currency exchange.

Account increase

If you are already comfortable with small amounts, and it turns out to trade with 5-10% per month, then you can start increasing your account. At first, it is enough to increase the account by 2-3 times for each month. This will allow you to quickly approach large amounts and will not hit the trader's pocket hard. The result depends on many parameters, but primarily on the work of the trader.

Trading example

In order to better understand the whole mechanism of Forex trading, let's use a banal example. The trading account has 10,000 Euros. You believe that the dollar will rise against the euro, as the US unemployment data is scheduled for today, and you think that it will be economically positive. The exchange rate at the time of purchase was 1.10 USD for 1 Euro. You get $11,000 in total.

During the day, the rate changed, and, accordingly, your profit on the account. At the time of purchase, you still had 10,000 Euros. Then, when the dollar has increased further against the euro to 1.12, you already have a loss of 180 euros, since at this rate you can only change 11 thousand dollars for 9,820.

But according to the results of the publication of economically positive data on unemployment, the dollar/euro rate increases to 1.07, in total you have 10,384 euros. For a swing of 0.03 USD/Euro, you get a profit of 384 Euro per trading session.

Approximately so at the initial stages, the main forex trading takes place. Depending on the method of analysis, technical (according to the chart) or fundamental (based on news, events, etc.), you will look at reporting events and draw conclusions about future price changes. In Forex, technical analysis is used in 95% of cases.

How to make money in forex without investment

Many beginners wonder if it is possible to start earning on Forex without investments. Since this is a speculative activity, capital has to be used. The only caveat is that capital can be used both your own and someone else's.

There are two ways to get foreign capital:

• Find a real investor who would be in a Forex account;
• Act as one of the players in PAMM accounts.

The first method involves some experience of playing on the forex exchange and a stable profit at a distance. Communicating on various forums, groups and other places for traders, you can find a good investor if you provide him with evidence that trading is consistently profitable. Then he can either invest money in you on the terms of the profitability of his loan, or you can trade on his account and share the profits. In any case, this is a reliable way to start trading for other people's money.

You can also become a member of the PAMM system within a Forex broker. Investors invest in a promising trader, and he increases their funds. Often, players with a good name and history will not even need to invest their own funds. All costs are borne by investors, and the trader only needs to make a profit.

You can earn on Forex from scratch and without investments only if you have experience in attracting investors. In other cases, you will have to invest real money

What affects profit

Let's return to the amount of profit and see what affects its quantity.

Trader preparation. Without proper knowledge in the field of analysis and forecasting, profits will either be minimal or absent.

Trading style. It can be like a more conservative style - verified transactions with a small leverage, profit taking without waiting for huge jumps, etc. This approach allows you to get income with a greater guarantee.

And the aggressive manner of trading - deals with large leverage, are often performed on fairly volatile currencies. This approach is characterized by a high level of profit, as well as high risks.

Deposit amount. The greater the amount of money, the wider the opportunities for their use and profit. A deposit of 100-200 dollars is somewhat constraining in the use of leverage and investments in currency, since any fluctuations can ruin the account, and in order to get at least some significant profit, you need to take risks.

With a deposit of 100,000, even a 1% yield is a significant amount, not to mention 5-12% monthly, which can be obtained with a fairly conservative game.

Trading strategy. Different strategies imply different entry points into a trade and ways of taking profits. With one method, there may be more of them, but they will not be so obvious and you will have to take risks, while others, on the contrary, are visible, but 1-2 times per trading session, and if they have to be closed at a low profitability, this will not make big losses, and significant income.

In order to consistently make a profit, you need to follow a few simple tips:

Constantly develop. Reading specialized literature on analysis, playing on the forex market and similar books is the key to success. The foreign exchange market is characterized by noticeable volatility and volatility, not only in the short term. In the past, securities and currencies had short, high rises and slow, steady declines. Now everything has changed exactly the opposite. You must always be one step ahead.

Analyze your trades. One of the most important ways to develop in a mathematical game like poker is to analyze the hands played, from this point of view - “What was done wrong? How should I have done? Why did he do it this way and not otherwise? And this approach can and should be transferred to Forex transactions. At the same time, it is not necessary to analyze only losing trades from the position: “What should have been changed?”. It is also beneficial to analyze profitable trades with the question: “What did I do right and how can I repeat it?”.

Control your emotions. An overly emotional trader is bankrupt. This is a well-known truth, which has been confirmed in practice for years. The most hardened wolves on Wall Street show no emotion. You can't tell from their faces whether they made a million dollars in a session or lost. Success and failure are perceived with the same detached expression. They are just doing their job. It is this approach to trading that is considered a reference. You need to do your job with high quality, with dedication, but without too much ardor.

Keep a diary of transactions. At a distance, this is a huge statistical apparatus, which, if used correctly, can bring enormous profits. It should be written in it: the opening date, the name of the pair, the value of the transaction, the closing date, the opening rate of the transaction, the closing rate, profit or loss.

And so every day, throughout the entire exchange activity. This is done so that after analyzing the information received, one can draw a conclusion about the profitability of a particular strategy, weaknesses, currency pairs and other smaller details.

Trade systematically. One of the main mistakes of beginners is the constant flight between trading strategies. In pursuit of a 100% way to get money, such traders do not understand the main thing - it takes time to comprehend the strategy, understand how it works, fully recognize the signals and make a profit.

You need to test the strategy for at least 1-2 weeks to understand whether it works or not, and not close it after several unsuccessful positions. Also, trading systematically is to make a certain number of transactions per day. No more. Less is possible, because a situation may arise that there will be few signals to buy / sell, but more is impossible.

These are fairly simple principles, but not everyone follows them. That is why many players who come to Forex over and over again drain large deposits in anticipation of a miracle. But it does not happen, money is also lost, and beginners leave, thinking that it is impossible to make money on Forex.

The foreign exchange market is the place where you can really make money. But you need to be really a pro in your field, spend several years and thousands of hours studying the material.

The most famous transactions in the foreign exchange market

In order to understand how much you can earn in the foreign exchange market, having huge capitals on hand, we present you the top 3 brightest players and their transactions:

3rd place. Andy Krieger vs New Zealand Dollar. In 1987 there was a colossal collapse of the dollar due to the American market crash. Companies at that time wanted to get rid of the "useless" dollar and buy other currencies. And as a result, some of them were significantly overestimated, which, if used correctly, could lead to their rapid fall.

And so it happened. Using options, then a new instrument, Andy shorted the New Zealand dollar. It turned out that the volume of sales of the New Zealand dollar was much higher than all the resources available to this country, which is why after an aggressive wave of sales, the currency just flew into the pipe, Andy earned hundreds of millions of dollars (the exact figure was not disclosed), and the New Zealand government asked its never to work with their currency again.

2nd place. Standley Druckenmiller and Mark. Standley went long the Deutsche Mark when the Berlin Wall came down. He believed that this would help stimulate economic growth. At that moment, as it seemed to the fund, which was owned by Druckenmiller, the brand should rise. Together with George Soros, they spent 2 billion on investments in the German currency and did not lose. The fund received about 60% of the profit.

1 place. George Soros and the British pound. Many people know about this story. The Bank of England in the 90s of the last century tried to artificially support the pound against the mark, despite the fact that the German economy at that time was much stronger. The price of holding the course was high inflation, and many currency speculators watched and waited rapaciously until the British Government could hold the course any longer.

George Soros has been accumulating funds in his account for a very long time and transferring them to British pounds. At one point, he opened a short position and threw all the pounds at his disposal into the market, and the British currency, unable to stand it, went immediately by 13% in a day. Since then, Soros has been called the man who defeated Britain, and his fund earned about $1 billion from that deal.

All these examples show that with sufficient capital and knowledge, you can earn a lot of money on investments. But even without billions of dollars, you can understand which currencies are overvalued and bet against them.

Forex is a place where it is really difficult to make money. The system provides many opportunities to lose, but at the same time, a lot of players consistently win. In order to really make a profit on Forex, you need to make a lot of effort, spend thousands of hours on study, practice and self-improvement.

Large companies whose goal is not to squeeze the deposit from the trader, but to earn on high level services - these are the partners with whom you can really find the answer to the question of how to make money on Forex.

If a trader is entering this currency arena for the first time, then, first of all, it is worth taking elementary training courses. It is best to do this in the same company where you opened the account.

Now there are both full-time and part-time courses ( webinars), in which the main function of the foreign exchange market and the opportunities that it opens up are conveyed in an accessible language. Next, it is important to pay attention to your own. Any trade leads to serious emotional experiences. So, the trader must choose the strategy that brings him the least discomfort.

It is impossible to work on the stock exchange only at breakeven. Sooner or later, the trader will fix his first losses.

It is important that these losses are conscious, and the person knows where he made a mistake, why and what to do next. Patience and discipline is the grail that leads to income.

In more detail, the investor shouldn't be dependent on any news sources. Everything you need is already included in the price. Today, there are those that allow you to calculate trading plans. Having understood the work of several approaches, you can build some of your own strategies and try to put them into practice.

Will not work. Although brokers such as , do not have a minimum deposit, that is, you can replenish as much as you want, but still, there must be some initial capital. Yes, it may be quite small, but you won’t be able to become a millionaire out of 100 dollars. The account needs to be topped up regularly.

The same coin has another side: trade for the sake of trade. It shouldn't be like that. Work in the foreign exchange market should pursue a tangible goal. It should be some kind of material benefit, for which you will need to withdraw the money earned. Withdrawing earnings is also a very important feature of profitable trading. Set yourself a small goal to start with.

For example, to pay 30% of the cost of a new car with profit from the market.

If your deposit is quite small, start by going to a cafe. Make money on it with your own mind, and then gradually raise the bar. To understand how to make money in the forex market, you need to be able to change yourself and your thinking to match the trends of the market, because there is nothing more constant than changeability.

Video about making money on Forex

Watch a video on how to make money in the Forex market today:

Now you need to specify the UP or DOWN condition, whether the quote will be higher or lower from the current moment when the option is closed.

Our analytics shows that the quote will grow, as the price stopped at and does not break through it again.

We pressed the button UP and BUY:

If after 7 minutes the quote of the currency pair is higher by at least 0.00001 points, then we will earn 73% of the profit.

The options are very simple and straightforward, which is a huge plus. Look at the chart at the moment the trade was closed:

The price went up, and we are investing $80 returned $138.4 , including net profit 73% or $58.4 :

It often happens that trends are set for years, for example, as it happens with the Japanese currency, when the Central Bank of Japan sets programs to depreciate the yen for several years, and after that there are rollbacks, also for years:

Knowing such subtleties, for example, that since mid-2012, Japan has adopted a program to reduce the currency for 2 years, it was much safer to play for an increase in the USD / JPY or EUR / JPY pair, even if only technical analysis was taken into account in the work.

If you decide to make money on the Forex market, then you need to follow these steps:

1. Register for and open your own account.
2. Installing a trading program - a trading terminal or .
3. Account replenishment. If you are ready to start trading, you need to fund your broker's trading account. Some of them offer additional bonuses on the total amount of the deposit.
4. Opening a deal ( Buy or Sell— Buying or selling).

Before starting a trade, you must understand the real degree of risk and possible losses. Consider your level of experience.

If you find an error, please highlight a piece of text and click Ctrl+Enter.

This month I earned +120% on Forex to my deposit. Do you think becoming a millionaire at 25 is real? How to make millions without getting up from the couch? Do you want to know how to earn huge money lying on the beach, on the seashore?

Agree, the first thoughts that come to mind after listening to the above listed advertising of absolutely all dealing centers (hereinafter DC), isn't that a scammer. We are all adults and we understand that free cheese can only be in a mousetrap, but here they promise mountains of easy money. And yet, after thinking a little, we take our money and try to find out in practice: " What if I was wrong and this is a real way to earn a lot of money on Forex?".

Hour X comes and the novice trader makes the most stupid decision. In hope earn money in the Forex market (Forex), a trader goes to study at a company that makes money from traders. Unclear? OK, I'll tell you more.

Dealing center- a company that provides a trader with a trading platform and access to the Forex market (Forex). In most cases, DCs earn not on commissions from trades of traders (as it should be), but on the ruin of a trader. With a complete loss, the money from the trader's account flows to the account of the dealing center.

A novice trader goes to study in such companies, and as you understand, he is taught not how to make money, but rather how to lose money. They tell in detail what a trend line is, how to work with a support and resistance line, they even show trading formations (patterns), give examples on the chart, and especially meticulous students, for greater persuasiveness, will be presented with detailed statistics of transactions, where the numbers +$1000 appear, +2500$ and so on, well, you understand, the larger the amount, the more convincing the teacher looks. The DC teacher will also not forget to mention the statistics, according to which 95% of newbie traders lose their money in the very first transactions and no longer return to the foreign exchange market.

At first glance, everything looks just great, no deception, they told, showed, and even warned, but all these stories only affect inexperienced and greedy people. The fact is that a trend line can be built in different ways, and it will be great to draw it only on history, and the patterns that the Teacher boasted about so much no longer work, because the currency market is alive, it tends to change, and what worked yesterday , very often will not work tomorrow.

Well, the statistics are against us, or rather, against the majority, who do like everyone else, but this is not the most important thing, the main problem is that we started doing a business that we initially gave an assessment of " Isn't this a scammer?". This thought will sit until the very end, and what is very sad, this end comes very quickly.

Having tried to trade, the new trader rather thinks not about the quality of the transaction, because he was not told that it could be somehow different, but about how to make money fast in the Forex market (Forex) and what can be bought with the money earned from the exchange. Are you familiar with the proverb " Sharing the skin of an unkilled bear"When you start doing this, it usually doesn't work out, and a novice trader can't be multiplied by 100 Because he does EVERYTHING wrong. Having received the first knowledge, he did not deign to check them, his head is full of transaction statistics provided by the teacher from the DC and illusions about speedy wealth.

But, this does not happen, and instead of wealth, expectations to earn, the trader loses his hard-earned money. What do you think he will say to others? Of course, Forex trading (Forex) is a scam (deception), everyone is to blame: the DC, who lured with advertising, the Teacher from the DC, who taught poorly, but in no case is the new trader himself to blame, because no one told him that before making money, it would not be bad to learn this. His head was filled exclusively with wealth, new cars, apartments, yachts, he saw himself already in a new image, but to think about the mundane, that people only study at institutes for 5 years, of course, I don’t want to think about it, because money need fast.

How to make money in the Forex market (Forex). The essence and principle of action

Forex (Forex, sometimes FX, from the English FOReign EXchange - “foreign exchange”) is an interbank currency exchange market at free prices.

I hope that now you are mentally prepared that you will not see easy money, and in return you will have to study, study and study. If you do not understand, go back and re-read the introduction again, the rest "Follow me!".

To get started, check out the Trader's Library. I have prepared a good range of books on the topic "how to make money on the exchange", which is suitable for both beginners and more experienced traders.

Let's understand the theory of how to make money on Forex.

How to make money in the Forex market?

Many of my friends know what I do. For them, the word "trader" is associated with something grandiose, but somehow, the conversation turned to the practical part, and they asked me: " How exactly do you make money in the Forex market?". Frankly, for me it was a strange question, because I thought that the explanation lies on the surface: bought cheaply, sold dearly, profit in my pocket.

But, since people are interested, I will try to answer in a simple form, using a banal example:

According to reliable data, you learned that in a month soap will cost 15 rubles, although now it costs 10 rubles. How to earn on your information?

Now you need to buy soap for 10 rubles, and when it costs 15 rubles, sell it, and get 5 rubles from this transaction. The task is simple, but this simplicity is the essence of making money on the Forex market.

Trading on the foreign exchange market takes place through special terminals, of which there are a lot. For trading on the Forex market, the MetaTrader 4 terminal is usually used (in one of the articles, I will describe in detail the functionality of the platform). Trading operations are carried out using the terminal (Sell, Buy, etc.)

The principle of earning on the Buy position (purchase)

let's consider real example how can i make money on currency speculation on Forex (Forex).

Buy order for the EUR/USD currency pair

1 lot in EUR/USD pair = $100,000

1 point at open deal in 1 lot = 10 $

Let's draw an analogy with our example about soap. Just like with soap, for some reason, the trader decides that the price 1.2928 is cheap. A trader makes a deal on Buy with the 1st lot, in other words, he tries to earn money on a short-term rise in the price of EUR (Euro) against USD (Dollar). Once the price reaches the level 1.2973 , the trader closes his position (sells).

Let's do the calculation. Between 1.2928 and 1.2973 price passed 45 points, 1 pp = 10$ , it turns out that on this transaction, the trader earned 450$ .

The principle of earning on a Sell position (sale)

Here the example with soap will not work, but without it the essence will be clear.

Sell ​​order for the EUR/USD currency pair

Let's look at the following example of earning on Forex, in which the trader wanted to make a Sell deal (sale). The question immediately arises: What about the sale? After all, in order to sell something, you don’t need to buy something."Quite right, but slightly different rules apply on the foreign exchange market. The DC allows you to make a sale, as if on credit, so this transaction is quite real on the foreign exchange market.

And so, the trader decides that the price 1.2960 for the EUR/USD pair is overvalued, and is waiting for a short-term decline. To capitalize on their expectations, the trader follows the price 1.2960 make a Sell deal and wait for an acceptable price at the level 1.2893 . After the transaction is closed, funds will be transferred to the trader's account at the rate of:

Sold for the price 1.2960 , the transaction is closed (purchased) at the price 1.2893 , as a result, it turns out that the couple passed 66 pp, which in terms of money equals 660$ .

How to make money on Forex (Forex) online

Choosing a DC for registering a trading account

Now that we know how, in theory, traders earn by speculating in currency pairs on Forex, we can consider several options for Dealing Centers for opening a trading account and withdrawing our money to the exchange.

It must be admitted that in our time Dealing centers are a dime a dozen, for this reason, it is very easy for a new trader to get confused and choose an unscrupulous company.

What do I mean by "dishonest"? Will explain.

Unfortunately, in Russia (I don't know about other countries), the Forex market is not regulated by the government. This means that the Dealing Center can register its companies, for example, in Cyprus and, in case of disputes, sue under Cypriot laws.

How many will do it? I think no.

For this reason, DCs are often compared to a “kitchen”, which means that transactions that traders make are not brought to the market (exchange), but are rotated exclusively within their company. There are several reasons for this:

• Knowing the statistics of losing traders, the DC thinks as follows: "Why take a deal to the intermarket and pay for it if the trader loses the deposit anyway. I'd rather make the appearance of trading on my simulator, leaving all the profit to myself."
• There are traders who are able to make money, but you can also find the key to them. Which? Yes, just do not pay the money earned, and let him sue, I don’t understand with whom.

Fortunately, the government will soon take the side of Russian traders, if I am not mistaken, in October 2015, in the Duma, they will adopt a law on the regulation of the Forex market and present requirements for brokers (dealing centers). Now, to the question: How to make money in the Forex market?", there will be only one answer: " Analyze, learn and earn, now no one bothers you".

In one of the following articles, I plan to describe this law in more detail and put it on the shelves.

The law is the law, but we should not mess up, you can't make a mistake and choose a one-day company. I suggest you stop at 3 reliable brokers. Their reliability lies in the feedback of our fellow traders and the age of the company.

In addition, at a time when the Internet is moving by leaps and bounds, website design can say a lot. More than once I visited pages that are engaged in serious investments (as they say), and the site is made, as they say, "on the knees": nondescript, gloomy and not interesting.

You say: " Yes, this is not an indicator, the site can be made anything in beauty?"You can, no doubt, but as practice shows, one-day companies do not bother too much about design. Their goal is to attract a client, fool and abyss.

1. Alpari company.

The company has been on the Forex market since 1998 and has proven itself both in terms of customer service (timely payments, high-quality functionality, experienced analysts, etc.) and its reliability.

In addition to excellent conditions for trading traders, Alpari offers great opportunities for investors: PAMM accounts, PAMM portfolios, investment funds, structured products, etc. In my opinion, it is in Alpari that profitably trading traders and the yield curve of PAMM accounts are collected, which is a confirmation of this.

2. RoboForex Company.

In the Forex market since 2009. Despite the fact that the company is registered in Cyprus, there are no claims either for service or for the execution of orders. On the Internet you can find a lot of positive reviews that add significant bonuses.

Of the features: free access to the VPS server, the One-Click Trading service, designed for strategies aimed at making a large number of transactions, the Rebates program, which allows you to reduce the spread.

3. Forex4you company.

Started its activity in 2007, provides access to the interbank Forex market according to the NDD model. At one time, I talked with the guys who had registered accounts of $ 100,000, every month withdrew profits of 5-10%, and there were no complaints, delays or negative factors.

The company cooperates with several banks. The main features are: the Share4you service, which allows you to automatically copy transactions on Forex, PAMM accounts, investment security of funds: funds from 100,000 USD are stored in one of the banks in Switzerland, services of depositary banks for customers investing from 500,000 USD.

Additional Information!!!