randywalton01 asked:
http://www.forex-day-trading.com are they an ok company to go with? aka a legitimate broker for forex trading? Any recommendations on brokers and why ?
Great Forex Broker Resource
http://www.forex-day-trading.com are they an ok company to go with? aka a legitimate broker for forex trading? Any recommendations on brokers and why ?
Great Forex Broker Resource
{ 5 comments… read them below or add one }
http://www.forex-registration.com – Helping you win at forex
yeah its a great company n i feel thrs no harm in trading with thm ,,i dnt have any personal exp abt thm bt i still wont mind working with thm, i have talked to thr employee few times thy r ok i think, Rest depends on destiny
Great Forex Broker Resource
There is enough risk inherent in forex trading without having to worry whether your broker is going to rip you off. The first step to take when choosing a broker is to check whether they are regulated. In the US this should be with both the NFA and CFTC. In the UK the FSA. Second is whether your money is protected. Fortunately, the regulations concerning this have recently changed. As from 21st December 2007 the NFA (National Futures Association) requirements concerning minimum capital came into effect and already four brokers have failed to meet the new criteria.
Briefly the new rules stipulate that brokers must have a minimum capitalization of $5m plus a percentage to cover client funds.
If your broker meets these two requirements the next question is whether your broker is an ECN or FCM dealing broker – ie will his dealing desk be playing against you? This will matter if you want to include scalping as part of your trading strategy.
This is just the beginning of your quest to find a broker which best suits you and the resource list below should help you find the answers you will need.
Good luck.
Forex Broker Best
The best way to answer the question is this: any forex company that you want to use, make sure they are licensed and registered. In the US, this means they are a member of the National Futures Association (NFA). This ensures that they are regulated and abide by the rules. Any company like this is okay to do business with.
I used forex.com for a while and had no problems.
http://www.forex-registration.com – Helping you win at forex
I’ve herad they’re Ok yes but check out a few before deciding.
The site below has a free email course that includes a section on choosing a forex broker among other things.
Great Forex Broker Resource
perhaps you may want to visit easy forex by clicking the link below. among others they offer the following:
•Personal account management
•Live training, one-on-one help
•Rates, Limits and Stop-Loss
•No software download
•Instant Deposit with Credit Card
•Start trading in less than 5 minutes
•Margin trading with US$50 and up
•Freeze the Rate you see and trade Forex online
•No hidden costs
•Security and Safety
•Special Terms for frequent traders
•Live Real-Time streaming quotes
•Refer-a-Friend: special client”s incentive program
•Full control with online access, hands-on moneys invested
•Full Transparency
good luck!