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Forex IQD?


Sun City
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there is a livechat that I clicked on yesterday on the real FOREX.com site. She stated that they do not deal in IQD.

I am watching the other 2 sites, forex.tradingcharts.com and forexpros.com -- Asked on chat about both of these -- She say, NOT affiliated with FOREX

Hmmmm. Interesting. Would like some of our Forex gurus to shed some light on this one. Thanks for the post.

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there is a livechat that I clicked on yesterday on the real FOREX.com site. She stated that they do not deal in IQD.

I am watching the other 2 sites, forex.tradingcharts.com and forexpros.com -- Asked on chat about both of these -- She say, NOT affiliated with FOREX

Forex must say they are not affiliated with any site other than Forex.com and or GAIN Capital Group, LLC sites - for legal reasons of course. What all of the above sites do is buy the Forex charts directly from Forex (See: http://www.forex.com/products.html ) So directly, no. They are not related. All they have done is purchased the Forex programs and have them sitting on their sites for all to see. Affiliated

af·fil·i·at·ed

–adjective

being in close formal or informal association; related: a letter sent to all affiliated clubs; a radio network and its affiliated local stations.

So in essence they are not part of the same group/company. So they are not affiliated.

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Forex must say they are not affiliated with any site other than Forex.com and or GAIN Capital Group, LLC sites - for legal reasons of course. What all of the above sites do is buy the Forex charts directly from Forex (See: http://www.forex.com/products.html ) So directly, no. They are not related. All they have done is purchased the Forex programs and have them sitting on their sites for all to see. Affiliated

af·fil·i·at·ed

–adjective

being in close formal or informal association; related: a letter sent to all affiliated clubs; a radio network and its affiliated local stations.

So in essence they are not part of the same group/company. So they are not affiliated.

If they are getting these quotes/charts from Forex, why did she tell me they are not trading the IQD -- and still we are able to see these on sites, (not affilitated with FOREX) but get thier charts/info from FOREX?

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If they are getting these quotes/charts from Forex, why did she tell me they are not trading the IQD -- and still we are able to see these on sites, (not affilitated with FOREX) but get thier charts/info from FOREX?

Because the Dinar is not openly traded. It can be bought and sold, but not on the market officially. Once the Dinar is recognized world wide as a trade-able currency, it will be trading on the Forex market.

All of these sites show the Forex charts directly from Forex. The lady you spoke with did not answer you properly.

http://www.advfn.com/p.php?pid=qkquote&symbol=FX^USDIQD

http://www.xe.com/currencycharts/?from=USD&to=IQD&view=1D (They use the Forex charts also)

http://www.netdania.com/Products/live-streaming-currency-exchange-rates/real-time-forex-charts/FinanceChart.aspx?m=c

http://www.forexcharts.net/

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:unsure:

Because the Dinar is not openly traded. It can be bought and sold, but not on the market officially. Once the Dinar is recognized world wide as a trade-able currency, it will be trading on the Forex market.

All of these sites show the Forex charts directly from Forex. The lady you spoke with did not answer you properly.

http://www.advfn.com/p.php?pid=qkquote&symbol=FX^USDIQD

http://www.xe.com/currencycharts/?from=USD&to=IQD&view=1D (They use the Forex charts also)

http://www.netdania.com/Products/live-streaming-currency-exchange-rates/real-time-forex-charts/FinanceChart.aspx?m=c

http://www.forexcharts.net/

So are you saying all these sites are not affiliated with the forex or they just pull info from the forex site?

I would assume there is a Big difference

Edited by Sun City
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I understand that -- what I am not understanding is where they are pulling the IQD info from if they are using the FOREX program?? if not FOREX??

I am REALLY new to ALL of this -- And not claiming to understand ANYTHING at all. All I was saying is that, last nite, when the forex.tradingcharts site went down last nite on me, I thought at the time it was a part of FOREX -- and contacted them to find out why. When i found out that they were not one a part of the other, I asked about the IQD, and she stated they don't deal with it.

Which led us to where we are -- if not from FOREX with thier programs, then where?

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I understand that -- what I am not understanding is where they are pulling the IQD info from if they are using the FOREX program?? if not FOREX??

I am REALLY new to ALL of this -- And not claiming to understand ANYTHING at all. All I was saying is that, last nite, when the forex.tradingcharts site went down last nite on me, I thought at the time it was a part of FOREX -- and contacted them to find out why. When i found out that they were not one a part of the other, I asked about the IQD, and she stated they don't deal with it.

Which led us to where we are -- if not from FOREX with thier programs, then where?

That makes sense.

If it is not listed on the Forex how could they get info about it since it is not listed.

Good point!

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Forex shows all currency, regardless of if it is trade-able or not. It shows the rate regardless. So while the info is being pulled directly from Forex, the Forex does not actually trade the currency since it is not yet recognized. Hope that made sense. :P

Edit:

FYI the USD/IQD is also on Yahoo Finance.

http://finance.yahoo.com/q?s=USDIQD=X

I think the lady on the phone blatantly lied to you. Forex deals with IQD rates, but not trading directly.

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this is what forex.com trading pairs 39 Currency Pairs. Spreads As Low As 0.9 Pip. No IQD

Fractional pips for precision. Quality execution, service, and support.

Forex is the world’s most traded market, and FOREX.com is an award-winning firm committed to giving you powerful technology, valuable services, and dedicated support so that you can maximize your trading experience. You never pay any trade commissions, only on the spreads between the bid and ask, which can be as low as 0.9 pip.

View our currency pair pricing.FOREX.com Dealing Spreads

Product Min Typical Product Min Typical Product Min Typical

AUD/CAD 2 4.3 EUR/NZD 6.8 12.2 USD/CHF 0.9 3.1

AUD/CHF 4.3 4.9 EUR/SEK 20.8 59.8 USD/DKK 3.3 5.5

AUD/JPY 2.8 4.3 EUR/USD 0.9 2.1 USD/HKD 4.3 4.7

AUD/NZD 3.8 8.9 GBP/AUD 3.8 7.3 USD/JPY 0.9 1.9

AUD/USD 0.9 2.3 GBP/CAD 3.8 7.3 USD/MXN 55 90

CAD/CHF 5.3 5.6 GBP/CHF 3.8 6.5 USD/NOK 20.8 50.3

CAD/JPY 2.8 4.5 GBP/JPY 2.1 5 USD/SEK 20.8 43.7

CHF/JPY 1.8 3.7 GBP/NZD 14.5 17 USD/SGD 4.3 4.8

EUR/AUD 3.8 5.8 GBP/USD 0.9 3.2 USD/ZAR 55 85

EUR/CAD 3.3 6.1 NZD/CAD 6.8 7.1

EUR/CHF 1.3 3.5 NZD/CHF 5.3 5.8

EUR/DKK 3.3 5 NZD/JPY 2.8 4.9

EUR/GBP 1 3.7 NZD/USD 0.9 2.9

EUR/JPY 1.1 3.1 SGD/JPY 3.8 4.4

EUR/NOK 20.8 56.8 USD/CAD 0.9 3.7

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  • 3 months later...

The change in Dinar on FOREX is down 9.9500 since midnight GMT which is the direction we want to see on FOREX for our benefit. At least thats what one of the FOREX gurusa shared with me as the direction we should be looking for it to head

See for yourself here:

http://www.forex.tradingcharts.com/quotes/index.php?sym=usdiqd&Submit=Go&tz=GMT

just change the option to midnight GMT

Edited by MSgt of Marines
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