Forex Trading the Foreign Exchange FX Currency Markets

An Informative Forex Broker Review

According to our forex broker review, Gain Capital and Oanda come out on top.

Gain Capial has set a high standard with trailing stops. The trailing stop can only be entered as a separate order. Once the investor is in an order he can enter his trailing stop limit in pips to trail the market the distance the investor has set with the closest distance the investor can go being 10 pips. Gain Capital also has a facility whereby a trader can download 5 years of tick data on the 6 major currencies. In addition, an investor can also download a free DDE application whereby he can obtain live quotes.

While most brokers allow only the standard ($100,000) or mini ($10,000) lot size, Oanda gives traders the ability to trade any lot amount. Another attractive quality is that has its own user forum. In addition, Oanda has the capacity to have multi-denominated sub accounts other than in USD with no minimum deposit. The different currency accounts available include AUD, EUR, JPY, GBP, CAD & CHF. This allows the user to transfer between their primary account and their sub account easily, with the only restriction being that the investor cannot externally withdraw funds from a sub account, and withdrawals must come out of the primary account only. 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

ZuluTrade: Leading Automated Social Forex Trading Platform Now Available to Nord FX Traders - Wed, 16 May 2012 07:03:00 -0700
ZuluTrade.com, the largest social Forex autotrading platform that has revolutionized Forex trading by introducing the rating and following of Forex experts’ performance, announced

Forex Weekly Trading Forecast - 05.21.2012 - Sat, 19 May 2012 00:49:00 -0700
Forex Weekly Trading Forecast - 05.21.2012

How to Trade Forex on the Move with a Forex Trading App - Mon, 14 May 2012 04:19:00 -0700
LONDON, May 14, 2012 /PRNewswire/ --The City Index forex trading app enables unrestricted access to 37 spot forex markets from the palm of your hand, wherever you are - whenever you want.Available for ...

How can I Benefit from Trading Forex with the MT4 Android App? - Fri, 18 May 2012 04:00:00 -0700
SADDLE RIVER, New Jersey, May 18, 2012 /PRNewswire/ --The MT4 Android ™ App for FX Solutions LLC is a powerful tool for traders to access the global currency markets from virtually anywhere in the world, ...

ThinkForex™ Offers Traders Free Live Forex Trading Accounts - Wed, 09 May 2012 12:58:00 -0700
AUCKLAND, New Zealand, May 10, 2012 /PRNewswire/ -- ThinkForex™ is now offering free live forex accounts to all forex traders! Open your ThinkForex forex trading account immediately for immediate access ...

RELATED ARTICLES

Calculating FOREX Profits and Losses
FOREX currencies are traded in much smaller divisions than cash. Whereas the smallest division in US cash is the penny ($0.01), US currency can be traded on the FOREX in divisions of $0.0001. This smallest division is called the pip (short for Price Interest Point - sometimes just called 'points'). Since currencies are traded in large lots of (say) $100,000 - small movements in value can generate substantial profits and losses. In a lot of US$100,000 one pip is worth $10 so an increase in 40 pips (4/10 of one cent) can generate a profit or loss of $400.

FOREX Brokers
Most FOREX traders use a broker to handle their transactions. What exactly is a broker? Strictly speaking, a broker is an individual or a company that buys and sells orders according the investor's decisions. Brokers earn money by charging a commission or a fee for their services.

FOREX Signals
One of the disadvantages of FOREX trading is the time investment needed to monitor the markets for advantageous entry and exit points. It's possible to sit in front of a computer monitor for hours watching the markets.

FOREX Trading Strategies
To be a successful FOREX trader you need a trading strategy. There is no one set strategy that is good for all traders; rather, each trader needs to develop his or her individual approach to the FOREX. Some traders rely solely on technical analysis while others prefer fundamental analysis, but many successful FOREX traders use a combination of both to get a broad overview of the market and for plotting entry and exit points.

FOREX Training
Knowledge is the key to successful FOREX trading. The knowledgeable trader has greater awareness of how the market moves and more chances of making profitable transactions. Without knowledge you are shooting in the dark. You may succeed on a few deals but the odds are that you are going to lose in the long run.

FOREX versus Stocks
Stocks have been a popular investment for hundreds of years. Companies issue stocks to raise capital for expansion and new projects, and each share of the stock represents a partial ownership in the company.

How to Read FOREX Quotes
Currency prices are determined by a number of factors, the most important of which are economic and political conditions in the issuing country. Political stability, inflation, and interest rates are all factored into the price of any currency. In addition, governments can try to control the price of their currency by either flooding the market (to lower the price) or buying extensively (to raise the price).

Introduction to Fundamental Analysis
FOREX traders almost always rely on analysis to make plan their trading strategies. There are two basic types of FOREX analysis - technical and fundamental. This article will look at fundamental analysis and how it used in FOREX trading.

Risks of FOREX Trading
Despite the claims you may see on some FOREX web sites, FOREX is not risk-free. You are trading with substantial sums of money and there is always a possibility that trades will go against you. There are several trading tools, however, that can minimize your risk, and with caution, and above all education, the FOREX trader can learn how to trade profitably and while minimizing losses.

Trading Currencies on Margin
The key to FOREX popularity is margin. Without margin, the FOREX would be beyond the reach of the average investor. So, what exactly is margin and how does it work?

Forex Trading Home | Site Map