Choosing the best forex brokers episode 4

dmgmwenda By dmgmwenda, 15th Aug 2011 | Follow this author | RSS Feed
Posted in Wikinut>Business>Investment

Welcome to Episode four of choosing the best forex brokers .Trading platform most of the Forex trading occurs online and hence there need to choose the broker with the most reliable platform and user friendly .Things to look at in a trading platform does it provide you with the information that you need in order to trade well, how easy to use and understand technical and charting tools, does it offer free Forex insider news feed and so fourth

Choosing the best forex brokers episode 4

Welcome to Episode four of choosing the best Forex brokers .Trading platform most of the Forex trading occurs online and hence there need to choose the broker with the most reliable platform and user friendly .Things to look at in a trading platform does it provide you with the information that you need in order to trade well, how easy to use and understand technical and charting tools, does it offer free Forex insider news feed and so fourth
The other key point to note when choosing a Forex broker is the execution, it is compulsory for a broker to fill you in the best possible price of your orders. Under normal market situation no important news releases or unpredictable events and normal liquidity there is no excuse why the broker will not fill at or closer to the market rate when you click the bid or ask button. For example if you have good internet connection and you pressed buy GBP/USD at 1.6300, you should get filled at that price or within micro –pips of it. If you are a scalper the speed of which you get filled is very crucial .Remember a few pips difference can make you hard for you to win that trade .watch out for episode five and final on choosing the best Forex broker…….coming soon

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Comments

author avatar Retired
16th Aug 2011 (#)

Informative...thanks for sharing....

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author avatar Rathnashikamani
17th Aug 2011 (#)

Wow,
Another wonderful page on forex!

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