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Sunday, April 5, 2009

Selecting a Forex broker


here are many Forex brokers to choose from, just as in any other market. When you are browsing for Forex, ask questions below:

  • Does the FX broker offers low spread value?
  • Is the FX broker registered with related authorizations such as FCM?
  • What kind of tools does the FX broker provides?
  • What kind of margin options are there?
  • Does the FX broker provides live customer supports?
  • Does the FX broker offers demo account for beginner traders?
  • If you do not have sufficient capital, check whether the FX broker offers mini account that requires low startup funds.

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