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A Look at Online Forex Brokers
Dave Lavinsky

An online forex broker is a firm that facilitates retail trading using Internet technologies. Global Forex Trading (GFT), one of the popular online forex brokers. It provides retail traders with a free demo trading account, allows users to open a live account, gives live help, provides software called DealBook FX 2, and allows viewing of account documents. (DealBook FX 2 can be downloaded for the demo trading account).


Gain Capital Group’s Online Forex offers 200:1 leverage. In some cases, the total return on investment is higher due to leverage. For example, with $1000 cash in a margin account, the investor can control up to $200,000 in notional value. Of course, trading on leverage magnifies both the investor’s profits and losses.

GCI Financial Ltd. offers commission-free online trading in forex. GCI offers Internet trading software, fast and efficient execution, and 0.5% margin requirements. This broker offers USD or Euro denominated trading accounts. The spreads are 3 pips in EUR/USD and USD/JPY, and are 4 to 5 pips for other major commissions. Clients can hedge by opening positions in the same currency in opposite directions. Risk to the investor is limited to the deposited funds. Market analysis and research, real-time charts, and forex trading signals are available at no charge.

ACM, part of the REFCO group, offers 3 pip spreads on all major currencies, which works out to between 0.02% and 0.03% on the dollar value. They also offer commission-free trading, and forex trading with a 1% margin, which means that a trader can control $1,000,000 with $10,000 in his account.

There are many online forex brokers that offer free demo accounts for potential forex traders to practice trading. It is only a matter of registering and starting demo trading to get a feel for forex trading. In addition, at most sites, traders can find free forex news to assist them with their trade strategies.
Forex Brokers provides detailed information on forex brokers, forex trading and market makers, and other forex-related topics. Forex Brokers is the sister site of Incorporating in Florida Web.




Forex trading News

Forex trading

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Nikkei climbs as yen boosts exporters; techs strong - Guardian Unlimited

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Forex Trading Signals Well-Positioned for Gains in the New Year - DailyFx

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EURO USD Forex Trading Tips and Analysis for Day Traders - Top News India

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UK Consumer Confidence Hits Record Low, Says Nationwide - DailyFx

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A Basic Understanding of the Forex Markets - FXStreet.com

Veteran Turtle Trader, Russell Sands, Will Auto-Trade For You. $6K Minimum. 100% Guaranteed. Automate Your FOREX Trading and Explode Your Profits TODAY! Double Your Money Each and Every Month. FAP Robot Eliminates the Guess Work in FOREX Trading ...

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Forex News Trading - Colleyville Courier

(*) This is the password you need to enter the hotComm room, not your FXstreet.com user account password. Learn the intricacies of high-probability breakout (and fakeout) trading in the forex market. Breakouts can be remarkably effective ...

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The World of Forex Breakout Trading - FXStreet.com

TOKYO, Jan 5 (Reuters) - The dollar held firm near a three-week high against the yen on Monday as risk appetite picked up after Tokyo shares followed Wall Street higher on hopes for a recovery in the U.S. economy later in the year. In choppy trade ...

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FOREX-Dollar holds firm near 3-week high vs yen - Forbes

Every year, FOREXYARD analysts come together and discuss the most intriguing events and currencies that made this year special for forex traders. In 2008, it was a tight race between the EUR/USD and the EUR/GBP as both pairs made significant price ...

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