Karol

Spread Because currencies, are trade on interbank market the spread can be different depending on the broker you use, so it's well worth checking a few out before you open an account. Most forex brokers publish live or delayed prices on their websites so you can compare spreads, but check if the spread is fixed or variable. A fixed spread means exactly that — it will always be the same no matter what time of day or night it is. Some brokers use a variable spread, which might appear to be nice and small when the market is quiet, but when things get busy they can widen the spread which means the market must move more in your favor before you start to make a profit. Fixed spreads are generally slightly wider than the variable spreads are when at their narrowest, but over the long term fixed can be safer. Execution Some brokers will show live prices on their trading platform, but will they honor them when it comes to pushing the Buy or Sell button? The best way to find out is to open a demo account and give them a test drive. Let me know which broker has the best execution.Frankly this one is much more important then the spread. Trading Platform Good trading software will show live prices that you can actually trade at, not just indicative quotes. It will offer Limit and Stop orders, and ideally will let you attach these to your entry order. One-Cancels-Other orders are another useful feature — they mean you can set up your trade and then leave the software to get on with it. And the most important feature of all — can you actually understand the platform? Better to have it for much more time than a week right Support Forex is a 24 hour market, so your broker should offer 24 hour support. You might not be trading at 3am, but that could be what time it is in your brokers head office on the other side of the planet, so make sure there will be somebody there to pick up the phone if things go wrong. You should also check if you can close positions over the phone — essential in case your PC or internet connection crash at a critical moment. Regulation Forex brokers are regulated, but that doesn't mean they all have equal backing. We are looking for a broker regulated in your country /part of the world Do they have ECN that you can really see the market and what are the commission? Choosing a forex broker isn't difficult.Check out a few, and always get a demo account first to make sure you're happy with the way everything works before sending off your opening balance.

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[*]Hi there, [*]I am looking for broker that is: [*]Honest broker with long history [*]Used by large traders also, e.g., investment banks, [*] ECN with quotes provided with major market players [*]Cheapest commissions and low spreads [*]Choice of instruments to trade from futures, stocks, options, forex etc in any country. [*]Has proprietray trading platform, which is very powerful and may be totally programmed using their Java API [*][*Financially stable [*]Automized in UK or EU [*]Very good executions of orders [*thanks

hi, see if you can find what you need here. Am posting a link to a statistic tool giving you bigger movers in day, week, etc Hope that's help CFD Statistics | Deltastock

Hi, I wonder if anyone is willing to help. I have been advised to use a real ECN. I got the definition that is Electronic Communications Network – independent execution systems set up by brokerage firms, matching new retail limit orders with compatible orders already in the system. However it will be very helpful if anyone is willing to explain here how does the ECN work and what would a trader benefit using it. Maybe someone would be kind enough to share their knowledge and experience. If you guys find it appropriate may be you could give some indication for further reading and research or maybe few names. Thank you