Wednesday, August 8, 2012

How to choose the best Forex broker to invest your fund

How to choose the best Forex broker to invest your fund

Among a great number of forex brokers that exist in the market today, there are some dependable forex brokers out there as well as bad ones. Deciding on the right forex broker is vitally important for it could affect your trading experience considerably.

The following is a listing of things to be aware of when picking which forex broker to go with.

Among a great number of forex brokers that exist in the market today, there are some dependable forex brokers out there as well as bad ones. Deciding on the right forex broker is vitally important for it could affect your trading experience considerably.

The following is a listing of things to be aware of when picking which forex broker to go with.

Trading Costs


When you begin a trade, you will be subject to transaction charges. In the stock market, transaction costs are typically compensated by means of commissions. In the foreign exchange market, transaction fees are compensated by a spread. The spread is the difference between the bid price and the ask price of the currency pair you are trading. It is good to know that the spread is charged only when you purchase; you do not pay the spread when you sell your currency pair.

The spread is your primal cost of trading in the foreign exchange market and therefore, you need to have clear understanding of what brokers are charging. The spread can differ very much from broker to broker.

Read the full article here : http://forextradingtutorialhq.com/how-to-choose-the-best-forex-broker-to-invest-your-fund/
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16 Comments:

Anonymous said...

Thanks for the article! What do you think of this list = http://www.forextradingnomad.com/best-forex-broker/ ?

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uncle gob said...

I just found forex broker with Lowest Forex Spreads in the World. I am using it now.
You can check directly to the website of armada markets

uncle gob said...

"I've heard good things about armada marketsin Indonesia. Their spreads seem to be the lowest in the industry."

Preeti said...

Forex Expert Advisor
choosing a best broker before start trading in forex market is very important. I can suggest some points:
1) find list of brokers provides forex trading platform
2) check reviews for each broker
3) compare features of each broker with another broker
4) check all legal documents before opening a account
5) check minimum deposit amount and broking omission rate

Lauren jonczak said...

Great post on how to find the best forex broker. My friends and I were just talking about forex trading and it seems like something I would really like to get into. I don't know much about it so I am going to have to do a little more research but this was very helpful. Thanks so much for sharing.

Jhon Bedin said...

The minimum initial deposit to open an account with Capital One Forex is $100 USD or the equivalent in your base currency. Unlike many brokers, Capital One Forex does not charge any fees for the transfer of funds to your account using credit/debit cards and all E-Wallets.

capital builder said...

Thanks for taking the time to discuss this, I feel strongly about it and love learning more on this topic. If possible, as you gain expertise, would you mind updating your blog with more information? It is extremely helpful for me. Forex tips |Stock tips

Sohidul Islam said...

capital one forex current promotions. 400% Bonus. 400% Bonus in all deposits a bonus will be giving to the client's all deposits; this bonus cannot be lost but can be used as leverage to trade with, the client positions will be closed if the client loses his initial deposit.

elkraima hoummad said...

Also this broker offer 60% deposit bonus and held a live competition. first prize is 100.000$ cash . visit http://www.emoneyspace.com/slougi

Epic Research said...

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Sarah Brittany said...

Best Binary Options Brokers Directory is the homepage for financial online brokers You are all invited to visit Where To Trade website in order to find the best financial promotions and or online broker for you.
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Sohidul Islam said...

capital one forex current promotions. 400% Bonus. 400% Bonus in all deposits a bonus will be giving to the client's all deposits; this bonus cannot be lost but can be used as leverage to trade with, the client positions will be closed if the client loses his initial deposit.

michale wong said...

As a researcher, I do KLSE stock analysis as well forex, but I don't think so that choosing best forex broker will help you most in your trading, But sometime luck works too.

Blogger said...

eToro is the ultimate forex trading platform for new and established traders.

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