On 12 January 2012 Bangladesh Bank has published a public circular on Forex Trading from Bangladesh. It says any kinds of illegal activities related to Forex trading has been banned. And any kinds of fraudent activities will not be permitted by government authorities.
So Forex is not banned from Bangladesh. Under the Foreign Exchange Regulation Act 1947 these kinds of activities will be considered as crime. Because only authorized foreign exchanger can exchange money. So for becoming more conscious Bangladesh bank has published this circular recently.
To download the circular of Bangladesh Bank click this link Bangladesh bank circular on forex trading from Bangladesh
So we should be more aware of this issue. It is happening throughout the country. To learn forex you don’t need to go to any institution and please remember Forex can never be a money making machine. Just think, “You have the money and you want to invest those money to any foreign country’s economy’. To do forex business it requires huge knowledge on International economy. So always you should understand what you are planning to invest your money through any training institutions. Thousands of people are investing money through various kinds of training institutions on Forex trading. In Bangladesh still there is no forex trading brokerage. If you want to do forex business do it yourself if you have enough knowledge on Forex. “How forex trading can be done from Bangladesh“.
Honestly, Forex is very much interesting investment sector but you have to study a lots. You have to understand the world economy. Because billion billion dollar is being invested in this forex trade and your $50, $100, $1000, $5000, $1000 is not good where multi-billion dollar persons are gambling with this.
After falling down of most of the MLM (Multi-level marketing) companies in Bangladesh recently most of the young people are interested to do Forex in Bangladesh. Some of them are familiar with Forex, some of them are not familiar, some of them are totally new at Forex. So this is the real fact because Forex is a very risky place where people can be rich in a second and even a person can lose all of his money in a second. So be careful always.
In Bangladesh, Forex has been banned by Bangladesh Bank but if you can personally handle or invest money on Forex then it is OK than by going to a forex training institute. Few bad people has made this Forex bad in Bangladesh. Forex in Bangladesh has made a great interest to the people and still day by day this numbers are increasing. People are eager to know what’s happening there and there about Forex. Few months ago a significant number of Forex Training Institute in Bangladesh grew up and after the notice by Bangladesh Bank none of them are active because most of those companies are here to collect a large number of money by motivating general people.
Congratulations to all the freelancers of Bangladesh. You guys again proved that Bangladeshi Freelancers has a global value and that’s why recently oDesk has announced direct wire transfer to Bangladesh. From now and on Bangladeshi freelancers can get their earning directly by oDesk wire transfer to Bangladesh.
I have inserted here few screenshot which will guide you to activate wire transfer to Bangladesh. oDesk has their pretty simple way to add payment method. let’s see what’s the step.
- Go to http://www.odesk.com and login with your oDesk username and password. Then click on ‘Wallet’ -> ‘Withdraw Method’ according to the image below.
- Now put your Bangladeshi Bank’s SWIFT code. (Swift code is an unique Bank identification number, you can search Swift code from here). Put SWIFT code and oDesk will search your desired bank details.
- After finding swift code from?http://www.swift.com/bsl/index.faces?here.. You just put it according to the above image.
- Now provide your Bank account number and details. See the following image
- Now write your branch name and address. You can search google with your bank name and go to your bank’s official address and collect your branch name and address
- Now provide your personal details. Remember please write your name carefully. It must be same with your bank account name and oDesk name. Otherwise sometime wire transfer can be failed or can take longer time than usual.
- Now verify all the details
- Now finally you have done the job.. Now just see the confirmation
- Congratulations!! Now you can get all your earning directly from oDesk. No Payoneer card, No MoneyBookers account… Just get paid directly and have a great freelancing career!!
Recently Bangladesh Bank has banned any kinds of financial transaction related to Forex. But honestly Forex is a good place for earning money and it’s real but in Bangladesh few institutions or companies tried to fraud and earn money by providing training and their ultimate target was to collect money from general people that’s why Bangladesh Bank has banned it.
But still you can do it from your own capital. For that it’s real and really it will give you real money.
I have already written many things about ‘Forex trading in Bangladesh‘. ?Many users has requested me to write about ‘How you can start Forex business’ .
Today I will teach you how to start forex trading from Bangladesh to earn money. First you should remember that ‘FOREX IS NOT FOR THEM WHO WILL BE DEPENDENT ON FOREX FOR SERVING THEIR DAILY MEAL OR RENT’. It’s about understanding the country economy and invest money.
For Bangladeshi it’s easy to start forex trading. Just go to InstaForex and open an account there… ?From the main menu of InstaForex you will find ‘FOR TRADERS’ and then click on ‘OPEN ACCOUNT’ so that you will be redirected to registration option. Registration is pretty simple. You can face Password generate problem there so you can click ‘Generate’ link to auto generate secured password. It will take only 1-2 minute to register there.
They provide pretty simple earning mechanism also. You can catch there. If you face any problem just post comments here and I will try to solve your problem.
‘I am bidding a lot, but didn’t get any job yet!!’ yes, you are also shouting like that? May be. Most of the novice freelancer frustrated for not getting any positive response from buyers. Yes, it’s a big problem to make your starting as a freelancer. But you don’t need to be bored or you don?t make your own frustration ever. Just try your best and teach yourself about ‘How to communicate’. I guess that you are expert. Am i right? It should be because without any expertise knowledge you aren’t applying to get job from the foreign buyers.
So have you ever think that ‘why you are not getting any job from your buyer? You are applying, applying and just applying to get job. Your friend is getting response but you aren’t’. Today I will guide you to take control over your opportunities. The only one fact in this case is ‘Miscommunication’. Most of the buyers aren?t satisfied with your communication style. This can be your major problem. To earn money by doing outsourcing it requires only 4 things I ever discovered. Those ares-
1. Your expertise field to work
2. Internet connectivity
3. Availability and
4. Communication style
Just think that if you can’t take you on the right way with ‘Communication’ then your availability can’t mean anything, your internet connectivity can be valueless, if you can’t focus your expertise through communication then your ‘expertise field’ also will be ignored though you are an expert in any specific field. So communication, communication and communication is one of the vital parts of making you as a freelance IT professional.
Why communication skill is required?
– Suppose you are seeing a job announcement like that:
‘Need to design a landing page which will collect the user’s information through a eye catching graphical form placed on that landing page. Only experienced professionals are requested to apply for this job. ‘
In this case you are going to apply for getting this job though it’s a very simple task for you as a web designer. Isn’t it? Yes, it should be. So when you have applied then I guessed that you wrote a simple cover letter for that job. In this case buyer replied you to contact with buyer in Skype of GTalk or Yahoo Messenger. Now you planned to talk with your buyer. Now the buyer asked you that ‘how you will do this job?’ and ‘how much you are experienced in this kinds of job’. Now you have to write a descriptive reply with your skills and your ways of work. If you can’t impress your buyer you will not get the job. Because 65% of buyers regular post their job on freelancing site and they usually want to find a reliable, well-communicative worker for all of his work. So when you will reply to your buyer then of course first you should completely focus on his existing job. But yes, you have to make the relation of your extra skills with these works. But, how? You can reply to your buyer like that:
I am completely dedicated for all my workers and best communication skill is my plus point. And yes of course I know about Opt-in form for landing page to collect visitor’s contact information. I am very much familiar with awebar, mailchip subscription techniques. So definitely I can be your great choice to work with.
I am looking forward to hear from you.’
In this reply you saw I mentioned ‘HTML, CSS, PHP, jquery…’ (all of my skills) but was it boring? No, logically I have mentioned all of skills but the whole letter was related to his existing job. And it?s the magic. To do the landing page you don’t need to mention PHP, MySQL but you did it because you informed your buyer about your knowledge and skill. Also buyer didn’t ask you how you will collect the user information but you mentioned about awebar and mailcmp. Really to catch the user’s info these service are popular and when you will write this then buyer automatically will figure it out that ‘You are obviously a skilled guy and you already suggest some easy solution for that buyer though most of theirs know about awebar and mailchimp. After that you did your job and you showed how much responsible for how much sincere to catch the user’s info from his landing page. Definitely this style of your reply will help? get that job for you and if that buyer needs more work done then the buyer will consult with you to get more extra and reliable solution whether are expert in his future job or not.
So always try to focus on buyer’s existing job posting and requirements and make some relation between your skills and this job and within the focusing on existing job try to inform about your skills without making buyer boring. TELL ALL THE THINGS OF YOURS WITHIN THE DISCUSSION ABOUT EXISTING JOB.
If you feel shy or if you think that you are weak in communication never make your conversation longer. Because sometimes your longer discussion with weak communication skill can make a negative impression to the buyer. But slowly you have to try to expand your discussion to make that buyer only for you. It’s the theory of being a permanent worker of a single buyer.
Some freelancing expert suggest that if you have weak communication skill but your job quality is awesome then it’s OK. But believe me it’s not OK. Your weak communication never keep your buyer with you for longer time. Because when you will do multiple job of a same buyer then automatically your? discussion period among you and your buyer will be longer. Then for your weak communication skill you buyer will be bored of you and a negative impression will arise. So first impress your buyer with you work and understanding capability and communication smoothness then build a professional relationship with you buyer. It’s an undoubtedly true to keep your earning secured for more years of more longer than doing a single job and searching. This theory will reduce your boring ness for getting job. If your communication skill is perfect then one time will come then just check your email and start your job. And every freelancer need to reach that situations.
Next I will make a single page guide for writing cover letter which is the first step of getting job easily. And cover letter works as like as ‘first impression’. And first impression can never be back…. It’s really truth.
Most of the people in Bangladesh are facing the unemployment problem. But who are aware about their career and who are not aware about their career this post is basically for them. I am now introducing the ‘Freelancing’ profession for Bangladeshi.
I will describe ‘How to start Freelancing from Bangladesh’. Freelancing is a great way to earn and learn with various kinds of practical projects. Freelancing profession is fully an independent profession for them who want to work with flexibility. ‘Freelancing’ profession helps you in various ways such as-
- Own Time Scheduling
- Practice Global Professionalism
- Global network
- Easily Get Paid
- No Huge Investment
- Your Home is Your Office
- Anytime you can do work and get paid
- No Boss and No Pressure
- Multiple Task done easily
- Build a strong professional community
- Gather experience from various kinds of projects
- Get Inspired
- Be recognized
So, freelancing professional is now being a good job or good profession for many people.? Let’s see how you can start freelancing from Bangladesh.
There are many companies are making the community or network for Freelancer and Buyer such as Freelancer (Formerly GetAFreelancer), oDesk, FreelancerZone etc..
You can go to their website and the ‘Find Job’ option you can find the job category and available jobs. First figure out their job category and try to see the job list 3 times in a day and read the job description then you can get a better idea about the job. Because some people love to work and they say that they are able to do any real life project. But working for thyself or working amateur types of work is not same with ‘Work for earning’ or professionalism. You should practice professionalism.
Read the job description, read the freelancing site’s blog or forum and know how to write cover letter, business proposal letter, how to build a strong relationship with your buyers and how to communicate with them. These are all for starting to think you as a freelancer.
I will write a series of article in my website and I suggest you to read this. Also keep visiting my website and I will try to give you some update for starting your freelancing job.