No, you need to be 18 years old to trade the Forex market. Any broker that allows you to trade at 17 years old is not likely to be a legitimate broker. No reason why a 17 year old can’t learn Forex trading though so when they become 18 they are ready Fourthly: The lack of visible success. A 17 year old goes not bump into highly successful forex traders in their neighbourhood or in the media or news every day. Fifthly, it can be boring: Forex trading can become slow and boring. It may not have what it takes to capture a 9/30/ · A younger person who is able to enter forex may find it quite challenging. This is when they realise the forex ‘game’ becomes something that takes time to learn, and more time to master. Forex trading is a skill. And it needs three key elements before you start to make any real and consistent income: Time, to learn the process and master the rulesEstimated Reading Time: 7 mins
What is the Legal Age to Trade Forex? (And The Best Age to Trade) - My Trading Skills
Want to know what should a 17 year old invest in? Read the investment advice I found online. Investment advice to a yearl old who wants to invest his money. Another no non-sense conversation about investing in the personal finance and investing club, forex trading for 17 year olds.
One of the member of the investing and personal finance club on FB, asked a question related to investing options for his year old brother, forex trading for 17 year olds. I only discovered investing when I was at 30, I really wish someone maybe my parents or a friend taught me how to invest money when I was a teenager.
Take note that it is still important to consult to register investment advisor or to any certified financial planner before you make an forex trading for 17 year olds decision.
I think best thing to do to start investing as a 17 year old, is to ask parents to open an investment account for you. There are many investment options, you can invest on financial education first, or invest in mutual funds since there is a fund manager that will invest your money for you.
I think this is a good investment advice, learning financial education is the secret in successful investing. Since he was still young, try to open a stock brokerage account for him. Buy stocks. Stock market investing is good for young investors. After all, investing early is the best decision you can advice to your brother. If his money will invested properly, he will retire young and rich.
believe me, compound interest favors the young investors. So, which one do you think is the best investment advice for a year old investor? Let me know your ideas on where can a year old put his money. Share your opinion on what should a 17 year old invest in. Leave a comment below and share this page with your friends! Thank you! Your email address will not be published. Leave a comment: Cancel reply Your email address will not be published.
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Trader reacts to 17 year old forex trader turning £1000 into £185,000 in 1 week
, time: 43:46Forex Training For Beginners
9/30/ · A younger person who is able to enter forex may find it quite challenging. This is when they realise the forex ‘game’ becomes something that takes time to learn, and more time to master. Forex trading is a skill. And it needs three key elements before you start to make any real and consistent income: Time, to learn the process and master the rulesEstimated Reading Time: 7 mins Fourthly: The lack of visible success. A 17 year old goes not bump into highly successful forex traders in their neighbourhood or in the media or news every day. Fifthly, it can be boring: Forex trading can become slow and boring. It may not have what it takes to capture a As a practical matter, however, once the online account is in place, there's no real mechanism to prevent the kids from doing their own trading. (A broker talking to an investor won't take an order from a minor, but the computer doesn't know the age of the person who's imputing the information.)
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