admin on August 18th, 2008
If you are new to the world of forex investing, chances are you were first introduced to this world by one of the many flashy banners you see around promoting brokers that say you can open a mini account with them with just $100, sometimes even less. However, despite what you may have been brought to believe, investing such low sums of money is generally a bad idea.
admin on August 15th, 2008
When you take advantage of the possibility offered by many online brokers to practice trading in a demo account with “fake money” to get yourself acquainted with their platform, brokers usually state — either explicitly or not — that such conditions are very realistic. However, that is rarely the case.
admin on August 13th, 2008
Due to the extremely high volume traded on a daily basis — some say around 1.5 trillion, but we’ll never know with precision — and the number of online (and offline) brokers residing and operating all around the world, it would be inherently difficult for a central organization to impose a definite regulation that is valid and accepted by all the major players.
admin on August 8th, 2008
If you’ve been browsing the Web in search for the online forex broker that “feels right” and seems to best suite your needs, you may have read or heard several times a phrase that sounds tremendously attractive to the newbie forex trader:
“We charge no commissions on our trades: we are compensated through the difference between the the buy and sell price.”
But what does this all mean? Will your profit margins be higher? Unfortunately, this is not necessarily the case.