| Topic : Choosing a Forex counterparty |
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Trading in Forex
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Activity:
30 views;
last activity : 10 06 2010 10:07:23 +0000
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Types of spreads they offer
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Customer service
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Regulation
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Learn Forex (Currency) Trading
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Leverage they can provide
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Brokers do not make a commission on your trade, instead they take the spread as compensation. Your broker may also offer fixed or variable spreads. I feel we should select a forex broker offering fixed spread because over the long term fixed can be safer.
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I feel you look for a broker that offers low spreads as when you're comparing brokers, you'll find that the difference in spreads in forex is as large as the difference in commissions in the stock arena. This means is that lower spreads will save you money.
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As forex is 24-hour market; therefore 24-hour support is essential. The quality of
customer support can vary considerably from broker to broker, so be
sure to check it out before opening an account. If you need assistance, your forex broker should respond quickly and
efficiently to any question that you may have. Representatives should
be available around the clock either by telephone or e-mail.
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Most important is are they regulated by the government, bcoz nothing is above the security of funds invested
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Anyone can do Forex Trading No Qualification required No English Knowledge required No Mathematic knowledge required No Advance computer knowledge required No Share Trading Knowledge required Start trading immediately From basics to advance level Fundamentals and Technicals Get Technical Analysis Book worth Rs.3K absolutely FREE Very Useful for Beginners Very user friendly training For Registration Contact: Mobile: 09810319828 Email: fxvaibhav@gmail.com To download the registration form, Click here Frequency: Daily Workshops Time: 10:00am - 6:00pm Location: New Delhi, India Note: Special requests for arranging event in your city will also be entertained. |
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The best broker will be able to give you flexible trading leverages. This is important so you can choose the level of risk you are willing
to take. When you have a ratio of 100:1, this means that your broker would lend you $100 for every $1 of actual capital.
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