How To Find A Forex Broker That Won`t Rob You Blind

It`s not always easy to know what to look for in a forex broker,

especially in any market, much less a market as complex as currency. But, if you want to trade in the market you need a good firm to work with. While it might be tempting to simply ask the brokers what they can do for you, you can`t always depend on them to give you a straight answer. So instead, I`ve put together a few things to consider when choosing your forex broker. You will want a forex broker that has low spreads. The spread, which is calculated in pips, is the difference between the price at which a currency can be bought and the price at which it can be sold at any specific point in time. Since forex brokers don`t charge a commission, this difference is how they make money. Low spreads will save you money.

Along with this, you should be looking for a forex broker attached to a reputable institution. Unlike equity brokers, they are usually attached to large banks or lending institutions. The firm should also be registered with the Futures Commission Merchant (FCM) as well as regulated by the Commodity Futures Trading Commission (CFTC).

Once you`ve narrowed your choices down to brokers that won`t cost you too much, and that are reputable, consider the trading tools that they are offering you. Forex brokers have many different trading platforms for their clients, just like brokers in other markets. These often show real time charts, technical analysis tools, real time news and data, and may even offer support for the various trading systems.
Before you commit to any one company, request free trials of their tools. Brokers generally provide technical as well as fundamental commentaries, economic calendars, and other research to help you make good trades. Shop around until you find a forex broker who will give you everything that you need to succeed.

The next item that you will need to evaluate carefully is the number of leverage options your potential partner has. Leverage is a necessity in forex trading because the price deviations in the currencies are set at fractions of a cent. Leverage is expressed as a ratio between the total capital that is available to be traded and your actual capital. For example, when you have a ratio of 100:1, your forex broker will lend you $100 for every $1 of actual capital you have. Many brokerage firms will offer you as much as 250:1. If you have low levels of capital you will need a brokerage with high levels of leverage to make reasonable profits.
Why ForexGen]


1. Lowest spreads in the market with 0-1 pip spread in 10 pairs, no commissions, no swaps and instant account Activation.
2. Scandinavian quality with Swiss precision, funds secured and local agents in 18+ countries.
3. ForexGen offers Forex trading in the major currency pairs and crosses.
4. Low capital start, with $250 as a minimum account size.
5. Liquidity and 24/5 availability are the characteristic factors of the Forex market compared with other financial markets.
6. [ForexGen] offers a free trial Forex [demo account] that allows you to test your skills and practice without risking real money.

Forex Brokers

Most FOREX traders use a broker to handle their transactions. What exactly is a broker?

Strictly speaking, a broker is an individual or a company that buys and sells orders according the investor's decisions. Brokers earn money by charging a commission or a fee for their services.
A FOREX broker needs to be associated with a large financial institution such as a bank in order to provide the funds necessary for margin trading. In the United States a broker should be registered as a Futures Commission Merchant (FCM) with the Commodity Futures Trading Commission (CFTC) as protection against fraud and abusive trade practices.

Before trading FOREX you need to set up an account with a FOREX broker. You may feel overwhelmed by the number of brokers who offer their services online. Deciding on a broker requires a little bit of research on your part, but the time spent will give you insight into the services that are available and fees charged by various brokers.
The best advertising is word-of-mouth advertising, and this is just as valid in FOREX trading as it is for any other type of business. Talk to friends and associates to see who they are dealing with and find if they have any complaints or difficulties in dealing with a particular broker.

You could try selecting a few online brokers and contact their Internet help desks to see how quickly they respond to enquiries and whether or not they answer questions to your satisfaction. Keep in mind, however, that pre-sales service may be better than after sales service. This can be true for any online business, not just FOREX brokers.

Customer satisfaction and safety are just part of the story. You want to find a broker who executes orders quickly and with minimum slippage. All online brokers should offer automatic execution and have clear policies regarding slippage. They should be able to tell you how much slippage can be expected in both normal and fast-moving markets.
Next you want to know the fees involved. What is the spread? Is spread fixed or variable according to the type of account? Are mini accounts subject to wider spreads? Are there any other charges? Smaller spreads mean more profit for the trader, but there may be a trade-off between spread and service. Look at the overall picture before deciding to go with a particular broker.

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ForexGen | Real Trade Reviews

Forex broker review has been on the market since 2001. Real trade is addresses and registered at Louisiana, USA. The review of this forex broker will highlight about trading term, capital, leverage, spread, server, swap, trading platform, account opening, deposit and withdrawal operation, bank guarantee, customer support, partnership, and trading diversities.
forex broker is very suitable for newbie in forex trading. This forex broker review supports micro, mini and forex trading. The minimal size of contract for micro forex in Real Trade is 0.01 lots and 0.1 lots for mini forex and forex. Furthermore, the maximal size of contract in Real Trade is 0.5 lot for micro forex and 100 lots for mini forex and forex. Start from the new beginner in forex trading will be very happy when trading in Real Trade, because with only $20, you can start trade micro forex in this forex broker. The leverage in Real Trade starts from 1:100 until 1:200, quite interesting especially for newbie in forex trading. The spread in Real Trade is competitive and fix.

In this Forex broker, spread is start from to 3 pips up to 8 pips. Trading news in this forex broker is very profitable because their spread is fix, no spread change when news time. Real Trade's server also supports news trading. forex broker review is very stable, no down time at news release, even when the NFP data release. Real Trade use swap regulation and no free swap policy for Moslem trader. At Real Trade, you can download Meta trader trading platform for free. However, this forex broker's Meta trader does not support news because there is not news tab in Real Trade's Meta trader. Real Trader charges $45 to have their Mobile Meta trader; quite expensive in consider many other forex brokers review it freely.
To join forex trading at this forex broker review is very easy. You can open a new account from anywhere in the world within 5 minutes via internet. Deposit and withdrawal in Real Trade is pretty easy and fast. In this forex broker, you can deposit and withdraw via e-gold and wire transfer. The deposit and withdrawal to Real Trade's e-gold is quite fast, in 1 hour to 24 hours the deposit and withdrawal is finished. However, this forex broker charge e-gold fee when you deposit to their e-gold account. We do not recommend you to trade a large amount of money at Real Trade because this forex broker does not have bank guarantee. Real Trade's customer support is moderately good.

Although this forex broker review doesn't have live chat customer support, they respond email quite fast in working hours with satisfaction answer. This forex broker also brings opportunity to open Real Trade branch office or to be their IB (internet broker). In this forex broker, you can also trade CFD besides trading forex.
Well, it can be concluded that Real Trade can be said as one of the best company in forex trading especially for newbie and small capital trader.

ForexGen Partnership
ForexGen offers three types of business partnerships.

• Introducing Broker
• White Label
• Money Manager