The main job of a forex brokerage is to provide you easy access to the forex trading market and make some money in the process. Many of them will even help you learn a bit about how to trade. There are many forex trading brokerages out there, some big, some small, but they all work in a similar fashion. I am trading with AGEA and this brokerage firm provide all things what I need to trade.
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The main job of a forex broker
Eric Weller- Posts : 596
Join date : 2017-05-02
- Post n°2
Re: The main job of a forex broker
A good broker does not only provide security it also provide all those trading facilities that can make any traders trading life smooth and profitable. I work with AAFX.I believe this is one of the finest broker in this market. I trade with their fixed account. I use 1:1000 leverage. It has 2 pips fixed spread on major pairs. It also provides an active customer care service so that every trader can solve their trading problem without any delay.
Faf Plesis- Posts : 457
Join date : 2017-03-19
- Post n°3
Re: The main job of a forex broker
A Forex broker serves all trading facilities to the traders. It includes several facilities like leverage, spread, fast execution, no set up fees and security level of funding. Usually traders go for high leverage and low spread broker where spread is simply defined as the commission taken by broker. Through checking everything I have selected Trade12 broker which has high leverage like 1:400, flexible margin and low spread.
Eric Weller- Posts : 596
Join date : 2017-05-02
- Post n°4
Re: The main job of a forex broker
From a reliable financial authority if the trading broker is regulated, then we should take the broker. Your trading will turn into a nightmare if the broker's execution and slippage structure do not go well. When considering withdrawals, trading platforms and customer support, you should also check their spreads. The AAFX broker I took because of their lower trading spreads from 0 pips, higher leverage which is 1:2000, fast execution and slippage and re-quotation of the free trading platform.
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