Some Ways To Find The Effective Forex Broker
Leverage amount, provided by a Forex broker often attracts beginners
, who do not have large sums of money on the initial deposit. Margin trading with the use of leverage enables to gain greater profits from Forex market transactions, and at the same time enhances traders responsibility for taking decisions on making the market. Therefore Forex brokers, who offer larger leverage, appeal to beginners.
Brokerage work hours which coincides with the Forex market time, enable traders to trade with minimal risks and keep positions open for a long time. Trade restriction is a negative factor. Forex brokerages often lay down conditions, limiting the number of transactions over a certain period. This condition can be included as an item of the deposit agreement, so read the agreement carefully before you sign it.
InstaForex
- Forex brokerage at the market: since 2007
- Initial deposit amount: $1
- Trading tools: 107 currency tools, 34 CFD contracts for American stocks, GOLD transactions opportunity, ECN brokerage service availability.
- Demo account: available
- Trading accounts: Insta.Standard, Insta.Eurica
LiteForex
-
Forex brokerage functions at the market since 2005, governed by RAUFR.
- Initial deposit amount: from $1
- Trading tools: 83 trading tools, including gold, silver and 8 currency indexes.
- Demo-account: available
Pro Finance Service, Inc
- Forex brokerage was founded in 1995, until 1999 the company provided dealing service at the Forex market via telephone trading desk.
- Initial deposit amount: from $500
- Trading tools: 16 currency pairs and CFD for the American fund index
- Demo-account: available
FxPro
- Brokerage functions at the Forex market since 2006
- Initial deposit amount: from $5
- Trading tools: more than 100 financial tools are available, including spot metals CFD for futures.
- Demo account: provided
FIBO Group, ltd
- Forex brokerage has been at the market since 2004
- Initial deposit amount: from $300
- Trading tools: more than 60 currency pairs
- Demo account: available
Alpari
- Brokerage has been at the Forex market since 1998, companys activity is governed by FRA.
- Initial deposit amount: from $200
- Demo-accounts: available for each trading platform.
- Trading accounts: alpari.micro, alpari.classic, alpari.pamm, alpari.pro
- Spread type and size: from 0.5 points.
by: tom
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