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      Forex Education

     

     

    Foreign exchange market (also called Forex of FX to shorten the name) is the oldest market in the world. It is also seen to be the largest one. Being currencies primary market working 24-hours a day, Forex is also the largest market with highest liquidity. If you are new to the FOREX, it is recommended that you find a forex broker to help with your trading strategy and transactions. The dream of many Forex traders is to work with the ideal broker meeting all set forth above requirements. However the ideal broker does not exist. Before a choice of the broker be defined with the moments most basic for you, what qualities of the broker cost at you on the first place.

     

     If you are new to the FOREX, it is recommended that you find a forex broker to help with your trading strategy and transactions. The dream of many Forex traders is to work with the ideal broker meeting all set forth above requirements. However the ideal broker does not exist. Before a choice of the broker be defined with the moments most basic for you, what qualities of the broker cost at you on the first place. Broker reviews

    Technical analysis is a key to success for a Forex Trader. Basically technical analysis should be viewed as the study of historical prices at the market in order to forecast or even know with greater probability in what direction the future prices will move.

    A
    forex fundamental analysis is made up of strategic assessments in which a particular currency is traded on the basis of various criteria with the exception of the price action. To these criteria belong current economic conditions in the state that this currency represents and a great deal of other elements essential for the subject. Macroeconomic indicators, such as economic growth rates, inflation, interest rates, level of unemployment and other issues – all that is relevant for a good forex fundamental analysis.

     There has always been a constant debate as to which analysis is better, but to tell you the truth, you need to know a little bit of both. It's important to get a birds-eye view of the currency markets and learn how news affects prices. This is why you must follow and understand the daily Forex news and market analysis of the professional currency analysts - that is
    forex analytics.

     Trading forex works remarkably easy. Everything you need to realize your
    forex trading practice can be found in broker firm. In the forex trading market, currencies are always priced and traded in pairs. You simultaneously buy one currency and sell another, but you can determine which pair of currencies you wish to trade with forex.

     We put forex professional forex articles of our readers to this part. They wrote interesting, useful and high-professional materials using their experience and being real forex traders or other forex market participants. There are articles about forex trading practice, fundamental and technical analysis.

     There are the bank holidays of the USA, Japan and United Kingdom on the 2006 and 2007. Each holiday has their own recommended early close date and time. There is the information about currencies codes. The main descriptions of each currency are their Alphabetic code, Numeric code, Symbol and Subdivision.

     Forex for beginners: forex history from The Bretton Woods Accord to Free-floating currencies and fixed exchange rates, forex psychology with trading psychology's rules, trading examples, forex glossary from A to Z, forex FAQ's and many other.
     





     

    FX Comparison : How we rank the Broker ?

    FxComparison objective is to rank forex brokers based on votes from all type of traders individuals or institutions. Please if you have or you had a live trading account with one of these brokers, please rate it. Our rating schedule is as follow. From 1 to 10. 10 is excellent  Please email us your rating with your good or bad experience as well. We are looking forward to hearing from you based on the daily emails that we received from our visitors we rank the brokers, based on the the clients experineces with each broker. based on the daily emails that we received from our visitors we rank the brokers, based on the the clients experineces with each broker. Please participate and be a active member by sending us an email with your good or bad experience with one of the brokers above your comments are important to us Dear visitor, please participate in our survey, be sending us an email and grading the bellow broker

     



    Foreign exchange market (also called Forex of FX to shorten the name) is the oldest market in the world. It is also seen to be the largest one. Being currencies primary market working 24-hours a day, Forex is also the largest market with highest liquidity. If you are new to the FOREX, it is recommended that you find a forex broker to help with your trading strategy and transactions. The dream of many Forex traders is to work with the ideal broker meeting all set forth above requirements. However the ideal broker does not exist. Before a choice of the broker be defined with the moments most basic for you, what qualities of the broker cost at you on the first place.

    Technical analysis is a key to success for a Forex Trader. Basically technical analysis should be viewed as the study of historical prices at the market in order to forecast or even know with greater probability in what direction the future prices will move.


  •  

     

    A forex fundamental analysis is made up of strategic assessments in which a particular currency is traded on the basis of various criteria with the exception of the price action. To these criteria belong current economic conditions in the state that this currency represents and a great deal of other elements essential for the subject. Macroeconomic indicators, such as economic growth rates, inflation, interest rates, level of unemployment and other issues – all that is relevant for a good forex fundamental analysis.

     

    Forex Broker Guide

    Introduction

    The following is a list of questions you may like to consider before opening an account. You can use this checklist to narrow down your selection of companies that fit your requirements. You may also wish to refer to the forex broker ratings page on this site to read about traders unique experiences with particular brokers.

    The following links will also give you some background information on U.S. FCM's (Futures Commission Merchants).

    Selected Financial Data for FCM's

    NFA Background Affiliation Status

    1. Word of Mouth

    What do other traders say about the broker?

    What is their customer service like?

    2. Customer Protection

    Is the broker regulated?

    What regulatory organisation are they registered with and what protections does it afford you?

    Are client funds insured against fraud?

    Are client funds insured against bankruptcy?

    3. Execution

    What business model do they operate? i.e. Are they a Market Maker[?], ECN[?] or no-dealing desk broker[?]?

    How fast is their order execution?

    Are orders manually or automatically executed? [?]

    What is the maximum trade size before you have to request a quote?

    Are all clients trades offset?

    4. Spread [?]

    How tight is the spread?

    Is it fixed or variable?

    5. Slippage [?]

    How much slippage can be expected in normal and fast moving markets?

    6. Margin [?]

    What is the margin requirement? e.g. 0.25% margin = max 400:1 leverage [?]), 0.5% margin = max 200:1 leverage, 1% margin = max 100:1 leverage, 2% margin = max 50:1 leverage, etc.

    Does the margin requirement change for different currency pairs or days of the week?

    At what point will the broker issue a margin call?

    Is it the same for standard and mini accounts? [?]

    7. Commissions

    Do they charge commissions? (Most market makers' commissions are built into the spread)

    8. Rollover Policy [?]

    Is there a minimum margin requirement in order to earn rollover interest?

    What are the swap rates like for going long or short in a particular currency pair?

    Are there any other conditions for earning rollover interest?

    9. Trading Platform

    How intuitive and functional is it to use?

    Are there many disconnections during trading hours?

    How reliable is it during fast moving markets and news announcements?

    How many different currency pairs can you trade?

    Do they offer an Application Programming Interface (API) to allow you to automate your trading system?

    Does it offer any other special features? (e.g. One click dealing, trading from the chart, trailing stops, mobile trading etc.)

    10. Trading Account

    What is the minimum balance required to open an account?

    What is the minimum trade size?

    Can you adjust the standard lot size traded? [?]

    Can you earn interest on the unused margin balance in your account?

     

     



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