Featured  

Federal Court Condemns Anthony E. Linton For FX Fraud

The CFTC obtained a federal court order requiring Anthony Eugene Linton of Tucson, Ariz., doing business as The Private Trading Pool, to pay a total of $1,776,610 in restitution, disgorgement, and a civil monetary penalty for defrauding investors in a commodity pool Ponzi scheme involving off−exchange foreign currency trading.

Also read:

WSJ: Retail FX Traders Going Mobile In Droves

Brokers Selection  

How to Choose a Forex Broker

What you need to know before making your choice. Read our Guide

  1. Read Brokers criteria section: List of criteria to take into account when choosing a Broker.
  2. Use Brokers comparative table: One page view of principal Brokerage firms' features.
  3. Use '+ info' link: When detailed information of a Broker is required.
  4. Open a Demo Account: Direct link to Brokerage firms' Demo Account Platform.
  5. Chat with a Broker: Anonymous conversation with a Broker representative.
  6. Be contacted by the Selected Brokers: Filling in the form means you will be contacted by the selected Brokers.

The Know Yourself Trader's Table  

Find yourself to define what kind of Trader you are to choose the appropriate broker to trade

  Aggressive Moderate Conservative
Broker/FDM regulation Very important Very important Very important
Trading Platform Robustness, efficiency, reliability & speed of execution Efficiency & reliability Efficiency
Costs of Trading Critical: Low spread & no commission Important: Low spread Important: Low spread
Dealing Size Boundaries An important issue for volume used per trade at once An important issue for volume used per trade at once An important issue for volume used per trade at once
User-Friendly Software Critical: Speed of execution Required Required
Added Value Services To be checked-out An important issue An important issue
Customer Service Very important Very important Very important
Leverage and margin call policy Critical: Highest possible 200/400:1 Important: 100:1 Keeping trading low 50/25:1

Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

Glossary and News  

ECN: Abbreviation for Electronic Communication Network, which is an electronic system that connects buyers and sellers [...]

Order: An order is a request by a trader to buy or sell a [...]

Bid-offer spread: The difference between the rate at which a market maker is willing to buy a currency and [...]

Leverage: Leverage is the ability to gear your account into a position greater than your total account margin. For instance, [...]

Stop Loss Order: An FX order placed in advance by a customer to protect his/her downside in the event of [...]

[ Full Glossary ]

DF Markets Launch New Trading Platform

The all−new DFTrader platform from Delta Financial Markets allows you to trade Forex, Gold and Silver as well as a wide range of CFDs on Indices, Crude Oil, Commodities, and Financial Futures, all through one platform.

FXCM Inc. to Present at the 13th Annual Credit Suisse Financial Services Forum

FXCM Inc. (NYSE: FXCM) today announces that Chief Executive Officer, Drew Niv and Chief Financial Officer, Robert Lande, are scheduled to present at the 13th Annual Credit Suisse Financial Services Forum to be held February 7−10, 2012 at the Mandarin Oriental Resort in Miami, Florida.

FXstreet.com announces the Forex Person of the Year: Michael Greenberg

Michael Greenberg, Founder of Forex Magnates, has been named "Forex Person of the Year" by FXstreet.com, the independent Forex information website.

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Interviews Series

Forex Visionaries: 'It is still premature for China to become the first power'

forex visionaries“The development of this market far exceeds my imagination” says Lan Yee Chan, who joined the ranks of FX traders in the 1970s, shortly after the abolition of the gold standard. Read interview

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Doing Brokers Due Diligence

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Choosing a broker is not an easy task for any new or experienced trader.
There are some key aspects which can be measured following certain objective criteria.

More details and practical tips in the LC