FxDialogue Meets the Needs Of All Experience Levels
FxDialogue Meets the Needs Of All Experience Levels
The thing that makes Forex brokers stand out tends to vary from investor to investor. Some prefer brokers with features that no other broke can offer, others may look for one with low spreads and a specific amount of leverage, while others might simply look for a broker that has a reputable background. Finding one with all of these features is something that doesn't happen often. Both new and experienced brokers can have a difficult time making a decision on a brokerage firm for foreign exchange. Whatever your needs are, exciting new broker FxDialogue likely meets and even exceeds the requirements you have.
First off, here are the basics: leverage, spread, commissions, withdrawel charges, and minimum deposits. FxDialogue has two account options primarily: Standard and Advanced. Standard accounts have spreads that are as low as two pips on trades for major currencies, while advanced user accounts have spreads that are as low as zero pips. The minimum deposit for a Standard account is $250, while advanced accounts require a steeper deposit: at least $5,000. These are the biggest difference in account types, aside from the custom version of MetaTrader 4 that only the advanced account holders are allowed to use. The broker charges completely low commissions, does not charge any withdrawel fee, and both account types have a maximum leverage of one to two hundred. These two options are enough for most investors. The difference between the two accounts lies mostly in experience. The company is regulated in the US, the UK, and the rest of Europe, meaning that it has a reputable background.
Aside from those little bits of information featured above, there are some facets of FxDialogue that make it special when compared to other Foreign Exchange brokerage firms. The first of these is that they have a unique MetaTrader 4 add on. This add on, given the name of MexcelTrader, is extremely useful to holders of Standard accounts. This add on makes using the MetaTrader 4 so much easier than it has ever been by connecting it with the user-friendly program Excel. This negates the need to program in advanced features as needs to be done with MetaTrader, and simply shows all the relevant data right on a constantly-updating and completely real time modified version of the interface that comes with Excel. While this does require that the computer have both of the programs mentioned installed, this is only an issue for a small percentage of investors.
FxD's website also has some information for new investors to read that can prove to be quite valuable. This includes a FAQ that contains a general overview over Forex trading, as well as the terms that are commonly used in this market, and, in addition to that, a comprehensive tutorial and e-book that goes over the finer points of the foreign exchange market. This tutorial includes strategies and, what many people find interesting to read, a history of the market.
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