IC Markets offers Forex traders some of the tightest spreads out of all Forex exchange brokers globally with our EUR/USD spread averaging 0.1 pips. Tight spreads combined with our low latency enterprise grade hardware makes IC Markets the ideal choice for active day traders and those using Expert Advisors. The following table shows our minimum and average spreads across all of the major currency pairs. I think that broker company and its friendly team know their business. I like the service. Very civilized and attentive personnel ready to help any time. By Internet or by phone - they will always listen to you, explain everything in details and tackle your problem. And you can also order a free call to your phone and at a specified time the operator will call you back, go into question and help to solve it. Well to my mind, InstaForex offers quite good conditions for trading. Besides, the website design is very nice too. Everything is simple and comprehensible. That is why I like working with InstaForex Company.
Currency futures contracts are contracts specifying a standard volume of a particular currency to be exchanged on a specific settlement date. Thus the currency futures contracts are similar to forward contracts in terms of their obligation, but differ from forward contracts in the way they are traded. They are commonly used by MNCs to hedge their currency positions. In addition they are traded by speculators who hope to capitalize on their expectations of exchange rate movements.
Was working ok till 3rd week of March. Now it does not even log in, tried this on several Android devices. It's fast, I'll give it that, but it's no replacement for fxcm. I'm sad that my account was transferred and j have to use this. Fxcm was just much easier to use, this feels clunky.
A web based foreign exchange trading system allows you to trade anytime and anywhere, provided you have an internet connection. This software application will allow you to log in and trade through the use of any available web client such as Firefox or Internet Explorer. These software tools tend to be beefed up in security and are less vulnerable to hackers and viruses. Client based software will usually require additional fees for constant software updates also.
Are you getting the picture that making money with Forex is not as easy as you think? Let me share a little statistic with you that will really hit that point home: the average trader who makes it to that mastery level has paid at least $50,000 in tuition to the markets. That doesn't mean that he or she went and paid $50,000 for some fancy 3 day seminar or 10,000 page home study course. That means that you can expect to lose $50,000 on average before you can reasonably expect to be making money with Forex.