Trading the Forex Market
This section will introduce you to trading currencies to make hundreds or thousands of dollars from anywhere in the world – especially from Pakistan.
We will guide you on how you can make money when currency pairs are going up or down (for example, USD rising or falling vs GBP or EUR or JPY and so on).
We’ll also tell you which brokers you should use on your path to profitable trading, and where to learn more technical skills.
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Who is it
for?
This information is aimed at people based in Pakistan and the UAE who are interested in actively or passively earning money from the Forex Market (Foreign Exchange Market) .
Whether you currently have a day job, are a businessman, or investor - it's up to you how much time you spend trading Forex.
The Forex Market allows you to trade actively over a period of hours (called day trading) or even passively by leaving your buy / sell orders input over a period of days or weeks (called swing trading).
Advantages of Trading Forex
For Pakistani Nationals:
There are many advantages of becoming a Forex Trader in general, but people based in Pakistan can especially benefit from learning to trade Forex. Some of the advantages are:
- Freedom to work from anywhere and anytime. All you need to trade Forex Markets is a laptop and an internet connection. You get to be your own boss. You could be enjoying the scenery in Murree, or the beach in Phuket, Thailand, and be making money from Forex Trading.
- There's no limit to how much money you can make in the Forex Market. You could be a full-time employee or business owner, and could easily trade Forex for a few hours a week to supplement your income or make enough to be a full-time trader. Trading Forex online is the best solution to starting an online business in Pakistan or a trading business in Pakistan.
- Especially in the current economic conditions in Pakistan, you would be earning in US Dollars. Instead of sending Dollars out of Pakistan, you would be contributing in your own way by earning and spending Dollars in Pakistan. This would also be advantageous because youwould be isolated from Pak Ruppee depreciation and can live a great lifestyle on even small profits from the Forex Market.
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It's TAX-FREE! You would not be liable to pay taxes if you are trading with one of our recommended brokers. This is because our recommended brokers are regulated, certified, based outside of Pakistan, and support Pakistani clients. Your income would be classified as foreign remittance and not subject to any taxes abroad or by the FBR in Pakistan.