There are
thousands of Forex broker in the world. Brokers are not all equal. You need to
find a broker to meet your needs. 1 This is the question for the broker.If the
answer to one question, then have to match. If not, the broker will understand
the applications, it is not convenient for you.
Let us have a look at some of the questions
before :
Since there
is no central Forex trading system, all transactions so as to be a broker. If
your broker is the size of a very short time if any transaction that you get
the feedback.
Usually
these two options is in the hands of the broker.
1.
Dealing desk: Broker
works itself.
2.
No dealing desk: Broker
works on behalf of one or more banks
Hedging is a system where the same currency pair at the
same time being able to buy and sell. The uncertain market conditions, many of
these. But the 009 has been banned by law in America hedging. American broker
has been closed as a result of hedging. But in America it is the broker. PHARE such a 4-hour open market. What do you need to
understand your broker, at any time, no matter what you are getting with the
broker from the feedback?
The rollover of a position (order) of more than one day
to the next time period to obtain or gain confidence. With a specific interest
rate for each currency in the Forex market is involved. They were the only two
currencies to trade, but rather two different interest rates in the works.
Interest will be paid to you or the interest rate (1 year) trade as long as 365
days during rollover to be. As we all know, the spread Breaker Commission. But this
commission is not equal to all brokers. And the various conditions that might
have given. Conditions needs to know you better. Let the light of the above information, we do
not know how the questions to the broker actually:
1. How long the forex broker is working?
2. The financial condition of the broker?
3. There are a reputable broker to the
bank's relationship?
4. Rate quotes the breakers price itself
does not do it, if the bank?
5. What broker spreads fixed or variable?
6. There is no restriction to trade in the
Forex broker?
7. Hedging is able to?
8. Money can be deposited in the account is
more than Los Angeles?
9. No orders can be spread if inside?
10. Interest can be found on the positive
rollover.
11. How tight spreads broker?
12. Is rollover rate just like being on
display?
Keep in mind
before you decide to invest in Forex. What is the purpose of your investment
and therefore how much risk you are prepared to take? It is very important to
choose the best broker trades to be successful. In case you forgot this little
face can be a huge loss.