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Alternative ways how to earn money on forex

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Xerof

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What other ways of earning Money on forex do you use besides trading?

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#1 - August 12, 2018, 12:19:40 PM

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You could open a position in a pair for the long term and hold it. It should be a pair that pays a daily swap to you for holding it. For example, if you buy AUDJPY. Just look up the swap rates with your broker to see which pair will pay you to hold it and what direction to order in. Then every day you hold that position open you will earn some interest. It will end up being more than what a bank would give you. Since you would be holding long term, it should be a position you know will end up in positive profit whenever you decide to close it later. So not only would you earn the daily interest, but you would also earn profit from closing the trade later too. This method works, but it takes patience.
#2 - August 12, 2018, 01:38:16 PM
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Xerof

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I am doing something similar. I trade only in directon where I get positive interest if my trade doesn't close.
#3 - August 12, 2018, 02:13:57 PM

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Yes, that is basically the same thing as I said, except the frequency of trading is different. With my method, a single trade is made and held long term.
#4 - August 12, 2018, 02:16:43 PM

LazyProg

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Hi. For more convenient search for assets with a positive swap, you can use my indicator. Please check it. Thanks.
#5 - August 12, 2018, 03:24:49 PM
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You could also refer traders to brokers and earn commissions. Your referrals will do the trading so you don't have to. You don't even need a website to do this. In fact, this Forex forum is a great place to do this since signature links are allowed. Not many Forex related forums allow signature links. If you check out the posts of 'Reshleman1969' who is a member here, you will see he uses this method. People see his posts and then end up clicking on his link. Anyone who signs up for his broker will be credited to him and commissions will be earned.
#6 - August 13, 2018, 04:57:10 PM

Xerof

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Thank you. It looks interesting, I can try that.
#7 - August 13, 2018, 05:45:01 PM
« Last Edit: August 13, 2018, 06:15:24 PM by Xerof »

johnplayer102

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Following are the alternative ways to earn money on forex

     1. make clients for forex brokers
        There is furious competition among forex brokers and you can make handsome amount if you refer clients who deposit huge amount for trading
     2.  Teach forex to others
           Yes, a lot of people want to learn forex. You can make money by teaching them.
     3.  Sell forex signals
           Nowadays it has become easier to sell signals. A lot of website give free signals, You can get and sell them to your clients.
     4      Develop EAs and indicators for traders.  
#8 - September 24, 2018, 09:37:33 AM

Edith Muthoni

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With forex there are infinite possibilities..... You can be an IB ( introduction broker), you can perfect it and be a trainer, you can also offer signals to traders at a fee.
#9 - October 11, 2018, 04:50:19 AM

broforex

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Hello, my success story = When I was want to trading forex at the first time, I was confused how to choose the best broker and then I search on the internet and found FreshForex, I am glad that FreshForex give me a free education how to success in forex market, so now I can gain any profit with FreshForex and now I am a full time trader, thank you FreshForex. You should join FreshForex and create your success story.
#10 - October 27, 2018, 04:15:50 AM

aizafx

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You can take part in contest demo account or if you having good knowledge hence you can become partner broker, if you can looking many clients hence will get passive income from commission 
#11 - February 03, 2019, 01:32:07 PM

nawwa thalorenz

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By working in general, but when we are familiar with the forex business I think it is more interesting to work as an IB or introduce a broker, because I sometimes think about working additionally to become an IB at a particular broker to add income other than trading, thanks



#12 - February 06, 2019, 12:10:00 PM

ariezz

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Quote from: Xerof on August 12, 2018, 12:19:40 PM
What other ways of earning Money on forex do you use besides trading?
There are a number of other alternatives to make profits in the forex field besides manual trading like
1. Selling trading signals
2. PAMM
3. Forex Copy
4. Become an IB
5. Sell EA and custom indicators
6. Become a forex mentor
7. Work at a broker or become a broker representative
8. And so on
#13 - February 06, 2019, 02:07:22 PM

Eza Jordan

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a lot of things can be done outside besides trading, I myself am now farming for my basic work, and trading is a relaxing job for me just looking for opportunities in the London and US sessions, because watching charts too long is also not good for psychology
#14 - February 06, 2019, 04:42:49 PM

Tahajud

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Quote from: ariezz on February 06, 2019, 02:07:22 PM
There are a number of other alternatives to make profits in the forex field besides manual trading like
1. Selling trading signals
2. PAMM
3. Forex Copy
4. Become an IB
5. Sell EA and custom indicators
6. Become a forex mentor
7. Work at a broker or become a broker representative
8. And so on

That's right, everything you mentioned is the earning potential that you can do in the field of forex besides trading. But if for me the biggest income is from trading. So if my advice is to focus first look for knowledge and practice of trading and sharpen our skills continuously so that later we will feel how much income can be obtained from trading
#15 - February 07, 2019, 02:54:39 AM
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