Who are the best forex broker? You might ask. Choosing the best forex broker is important. The best currency trading broker provide you the services youre looking for and you are not charged for unnecessary services that you dont need. Here is the list where youll find guides on choosing the best forex brokerage firm for yourself.
U.S. Securities and Exchage CommissionNASD (USA)
National Association of Securities DealersNASDR (USA)
Australian Securities & Investments CommissionSFC (HK)
Hong Kong Securities and Futures CommissionARIF (CH)
FXCM 2008: typical spreads have already tightened
December 21, 2007, could be a day of reckoning for forex brokerages
Global daily turnover in currency markets rises to $3.2 trillion
NFA raised capital requirements for FCMs to $5 million.
On September 15-16, 2007 in Las Vegas, the Forex Trading Expo
Alaron is no longer offering spot Forex products
CME Expands Electronic Trading Hours for FX Options…
Deutsche tops the list of currency trading banks
, or FX, stands for the foreign exchange market. This is a 24-hour market in which currencies are traded in cash, which is known as a spot market. There is no central, standard trading center, such as, a stock exchange. Instead, trade is conducted over-the-counter via an international network of dealers. Until recently, the forex market was confined to larger traders: major, international commercial and investment banks; international corporations; international
; currency traders. When the United States went off the gold standard in 1971, investors immediately recognized new opportunities for making profits. Every year, more companies start up that cater to smaller institutions and investors so they may participate in spot
A prime factor to take into account before participating in the spot market is your temperament. A risk-aversive customer is not suitable for this marketplace. You should consider not only your experience in the investment world, but your objectives, and your capacity to absorb financial losses. Certainly, you should never invest any amount of money you cannot afford to lose.