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Tuesday, August 23, 2011

What are the Top Forex Brokers?.

This article is about the top forex brokers on the market.
In forex trading there's a few brokers that stand out from the rest and they are SaxoBank and Gain Capital Trading.
Both are big brokers and the market with their backs to the wall.
Both offer trading in stocks, bonds, derivatives, commodities and forex.
Both have great customer support and reliable and advanced trading platforms.


So is there really any reason not to choose one of them as your forex broker? Well, do you have $100,000 to deposit, because that's the kind of money you need to trade directly with either broker at decent rates.
Saxobank offer a forex account with only $ 2000, but you pay so much in fees and expenses, which probably will not be able to deal with this amount trading.
Gain Capital requires $100,000 to open a trading account.
They have also performed on Forex.
com, which has a much smaller minimum deposit (only $250), but they don't seem to be popular with traders online.
Too expensive.
The thing is, these two brokers are aimed at institutional and professional traders.
They are not aimed at small private operators.
In fact, you could get the impression that the high minimum deposits and fees is a deliberate attempt to discourage smaller investors and focus on the big players.
Nothing wrong with that, of course,.
It just doesn't help you.
But where do you go when you do not have the money? C is a lot of brokers available.
If you read reviews online then there's two things you're invariably going to run into: The very positive and the very negative reviews.
Forex market is very competitive and even if you can not really be proved, would not be too difficult to believe that some forex brokers spend their marketing budgets on reputation management! Also, remember that things probably not as bad or as good as the critics claim.
To find the top forex brokers, you'll have to try for yourself.
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Best Forex Broker Research Select, A Guide to Best Forex Brokers.

Quest For The Best Forex Broker we face reality.
Everybody is in business to make money, including the brokers.
There are basically two types of mediators.
Dealing desk and non dealing desk.
An important fact to know when is the trade, in a dealing desk, there are very few win-win situation.
So called top forex brokers may even be trading against you.
Now the question arises, how can not find the original broker desk? Simply.
Go find ECN brokers.
Although it seems simple, there are some considerations that surrounds them.
e.
ECN environment may not be offered with smaller accounts such as 'micro' or even with 'standard' accounts below a certain deposit margin.
So if you want a true ECN broker, low minimum deposits may not be option-.
It's also true that some brokers not only may trade against you, but also send fake spikes and dips in rates to terminate your open profitable trades.
This is a dirty tactic will benefit from some so-called \"best Forex Broker \" to the innocent unsuspecting newbies.
Forex is the most dynamic financial market in the world.
It is so dynamic that it approve any central control, the rates and Tick Data.
While this very phenomena has been the back bone of forex, some brokers misuse it against their clients to manipulate market conditions and trends, simply because the average trader cannot verify the authenticity of the chart data provided by the broker.
Do you remember yours is the best forex brokers on the market? Results in real time demo accounts and live in identical accounts of the broker itself can vary greatly.
I personally did not want to know why.
But how much control an agent has more merchants think accounts.
Another simple experiment is that you cannot simply trade using charts and data from a different broker, unless they are genuinely non dealing desk or ECN brokers.
Whether you are an experienced trader or just starting your career, Forex, a thorough research as the top forex brokers and their authenticity must be operated on the cards.
Find out the important characteristics of best forex brokers.
The most important forex trading strategy, it is not, but a balance between all components involved in trading decisions.
Even if you do have a holy grail of a system, it may be useless if you don't have best forex broker to go along with it.
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