< forex-fact: October 2007

forex-fact

Friday, October 05, 2007

How to Choose a Forex Broker

Choosing a broker in forex trading is as important as choosing a right partner in doing business. Most people think low spread is the most important factor, but I think reliability must be firstly considered. Simply because it's a money game, the broker must have integrity in handling your money, no matter it's deposit or withdrawal, by wire or by credit card.
Other factors to consider: Trading platform, software, spreads of currencies' spreads, speed execution of trades, service charges.
You can get more information from some popular forex forums such as forexfactory.com.