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What is required to start FOREX trading?

I am looking at using automated Forex Trading software but wanted to know what else i need to trade.
It looks like i have to use a Forex broker or some sort of online platform.
Basically, as well as buying the automated software, what other costs are involved with Forex trading (other than the trading money) & are they monthly or weekly costs, etc.
Finally, what are the approximate costs of these other things i’ll need?
(2 Questions there…cheeky, i know).

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20 Responses to “What is required to start FOREX trading?”

  1. Mark said :

    hi
    if u starting forex trading ..the main this is u should choose best trading plat form .i recommend etoro.it has many good features for traders then any other trading online platform
    http://www.etoro.com/A13621_TClick.aspx
    good luck!

  2. Right Advice said :

    just visit http://www.top-stockbrokers.com and find a forex broker of your choice and apply online and get started. also depends where u r located and if u can transfer funds online or thru credit card. best of luck

  3. AR.SAM said :

    There are many regulations
    Get RBI approval

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