Hi all,
Currently I am engaged in a project for my math bsc and I want apply different techniques from statistics to the exchange rate on the FOREX markets. Since I am very new in this field and I don't really know my way around I was wondering if you could help me with the following:
- is there a database with the past exchange rates? Preferably an overview of all ticks for a widely traded currency pair.
- Is the exchange rate/interest rate/spread you get via the free accounts of internet brokers such as FXCM a reliable model of trading for real money? In other words, can I use the demo accounts to do scientific research on the FOREX market?
Thanks a lot!
Richard
Currently I am engaged in a project for my math bsc and I want apply different techniques from statistics to the exchange rate on the FOREX markets. Since I am very new in this field and I don't really know my way around I was wondering if you could help me with the following:
- is there a database with the past exchange rates? Preferably an overview of all ticks for a widely traded currency pair.
- Is the exchange rate/interest rate/spread you get via the free accounts of internet brokers such as FXCM a reliable model of trading for real money? In other words, can I use the demo accounts to do scientific research on the FOREX market?
Thanks a lot!
Richard