USD: HSBC recommends purchase of dollars, expects euro to drop to 1. The foreign exchange market, also known as the forex market, allows traders us forex broker comparison profit from currency movements in real time.
5 trillion dollars are traded every day between various traders and financial institutions. Online forex trading has been available to individual traders since the 1990s. The number of online brokers has risen sharply in recent years and choosing a broker has therefore become increasingly complicated. However, strong competition between brokers and dealers has significantly improved trading conditions as well as the services that are available to traders. Currently, it is possible to invest, with just one click, in all of the financial markets with a single trading platform.
Thanks to the leverage which forex margin accounts provide, the initial capital required to open an account is not very high. On this site, you will find: articles to learn about forex trading, real time news, as well as free and personalised advice so that you can more effectively train yourself to become a forex trader. Forex trading and CFD trading can be extremely lucrative – but risky – since transactions can very quickly generate profits or losses. Only invest what you can afford to lose!
Read our beginner’s guide to forex trading to learn the basics of forex trading. If you have any questions related to forex trading or this website, feel free to let us know by email or on our forex forum. List of Selected Brokers There is a long list of Forex brokers in the market, all of whom have different priorities and diverse approaches to make online trading possible for both retail and institutional traders. Forex brokers have diverse business strategies, goals, and a global outlook, and are as unique as individual Forex traders.
Why is Forex Broker Comparison a Must For Any Trader? Hundreds of online Forex brokers cater to the largest retail trading market in the world. Some companies may customize its products and account packages according to individual client requirements. Therefore, you may wonder why it is so important to check out the various types of forex brokers and classify them into groups according to their account features. To have a clear understanding of the type of services rendered by a Forex broker, and what they can offer you in terms of account packages to suit your needs.