Metatrader Forex Broker
Forex Broker Comparison Report
Find the Right Forex Broker to Harness Your Trading
Forex Broker Comparison
Choosing the right forex broker is one of the most important decisions youíll need to make when trading currencies.
There are certain aspects regarding the broker that you trade with that you absolutely need to look out for. First off, itís of the utmost importance to trade with a well-capitalized forex dealing firm. If a dealing firm has less than $30,000,000 in adjusted net capital, it is likely a wise decision to steer clear of that broker.
To check a forex brokerís adjusted net capital you can find data and statistics on most dealing firms at the Commodity Futures Trading Commission (CFTC) website below:
Additionally, itís imperative to use a forex broker that offers a competitive spread structure. Transactions costs certainly add up, and because this is a relatively unregulated industry, spreads can vary quite a bit from broker to broker.
To lower your transaction costs and enhance your forex trading experience, you can take advantage of the TradersChoiceFX cash bonus program. When you open an account through TradersChoiceFX you are eligible for two different cash bonuses programs which greatly improve your trading performance and can help reduce your transactions costs.
The first type of bonus program rewards traders with an instant cash bonus based upon your deposit. For instance, with a 5% deposit bonus and a deposit of $10,000 you would immediately receive a $500 cash bonus!
The second improvement comes from a revolutionary per trade cash bonus. When trading through an approved forex broker, every standard lot traded will earn up to $5 in cash bonuses. For example, when you trade 100 standard lots per month, you would receive $500 simply for trading. Thatís $6,000 in bonuses per year, simply for trading!
It is imperative to focus on using a reputable broker who will offer you competitive spreads for your particular trading style. Below is information on three of the largest and most reputable brokers in the industry and a breakdown of the spreads that they offer.
Forex trading involves significant risk of loss and is not suitable for all investors. While you can earn a cash bonus,
you can also lose money due to the inherent risk of trading. Read full disclosure
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