Currency Trading

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A Look at Online Forex Brokers


An online forex broker is a firm that facilitates retail trading using Internet technologies. Global Forex Trading (GFT), one of the popular online forex brokers. It provides retail traders with a free demo trading account, allows users to open a live account, gives live help, provides software called DealBook FX 2, and allows viewing of account documents. (DealBook FX 2 can be downloaded for the demo trading account).

Gain Capital Group's Online Forex offers 200:1 leverage. In some cases, the total return on investment is higher due to leverage. For example, with $1000 cash in a margin account, the investor can control up to $200,000 in notional value. Of course, trading on leverage magnifies both the investor's profits and losses.

GCI Financial Ltd. offers commission-free online trading in forex. GCI offers Internet trading software, fast and efficient execution, and 0.5% margin requirements. This broker offers USD or Euro denominated trading accounts. The spreads are 3 pips in EUR/USD and USD/JPY, and are 4 to 5 pips for other major commissions. Clients can hedge by opening positions in the same currency in opposite directions. Risk to the investor is limited to the deposited funds. Market analysis and research, real-time charts, and forex trading signals are available at no charge.

ACM, part of the REFCO group, offers 3 pip spreads on all major currencies, which works out to between 0.02% and 0.03% on the dollar value. They also offer commission-free trading, and forex trading with a 1% margin, which means that a trader can control $1,000,000 with $10,000 in his account.

There are many online forex brokers that offer free demo accounts for potential forex traders to practice trading. It is only a matter of registering and starting demo trading to get a feel for forex trading. In addition, at most sites, traders can find free forex news to assist them with their trade strategies.

Forex Brokers Info provides detailed information on forex brokers, forex trading and market makers, and other forex-related topics. Forex Brokers Info is the sister site of Incorporating in Florida Web.


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table border=0 width= valign=top cellpadding=2 cellspacing=7trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://news.google.com/news/url?sa=Tct=us/1i-0fd=Rurl=http://sify.com/finance/fullstory.php%3Fid%3D14758206cid=1252832063ei=CYHqSMO4MaDM8ATymLz5Bwusg=AFQjCNFKpz86rR2Npyzh64qptLZ18s-OPQimg src=http://news.google.com/news?imgefp=SBGic4oxq_wJimgurl=im.sify.com/sifycmsimg/jul2008/Finance/14727680_sebi_220.jpg width=80 height=57 alt= border=1brfont size=-2Sify/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbrdiv style=padding-top:0.8em;img alt= height=1 width=1/divdiv class=lha href=http://news.google.com/news/url?sa=Tct=us/1-0fd=Rurl=http://www.hindu.com/thehindu/holnus/006200810011731.htmcid=1252832063ei=CYHqSMO4MaDM8ATymLz5Bwusg=AFQjCNEuodiJigbtbQbJeKLV1qvqetEY_wRBI, Sebi to relax bcurrency trading/b norms/abrfont size=-1font color=#6f6f6fHindu,nbsp;Indianbsp;-/font nobrOct 1, 2008/nobr/fontbrfont size=-1Mumbai (PTI): The Reserve Bank of India and Securities and Exchange Board of India (Sebi) are in discussions to relax the bcurrency trading/b norms, b.../b/fontbrfont size=-1a href=http://news.google.com/news/url?sa=Tct=us/1-1fd=Rurl=http://www.bloomberg.com/apps/news%3Fpid%3D20601091%26sid%3DaJQqfYFBEE9Q%26refer%3Dindiacid=1252832063ei=CYHqSMO4MaDM8ATymLz5Bwusg=AFQjCNHHbfXPXoO3bdiKEPTlrGpT0HOJHAIndia Working on Relaxing bCurrency Trading/b Rules, Bhave Says/a font size=-1 color=#6f6f6fnobrBloomberg/nobr/font/fontbrfont size=-1a href=http://news.google.com/news/url?sa=Tct=us/1-2fd=Rurl=http://www.indiainfoline.com/news/innernews.asp%3FstoryId%3D80612%26lmn%3D1cid=1252832063ei=CYHqSMO4MaDM8ATymLz5Bwusg=AFQjCNHKdPQc7aostbj9AbWO26cuIafPfwRBI, SEBI mull easing bcurrency-trading/b norms/a font size=-1 color=#6f6f6fnobrIndia Infoline.com/nobr/font/fontbrfont size=-1a href=http://news.google.com/news/url?sa=Tct=us/1-3fd=Rurl=http://www.topnews.in/bse-launches-currency-futures-trading-272932cid=1252832063ei=CYHqSMO4MaDM8ATymLz5Bwusg=AFQjCNGNceiM-oG-44d1WVaoTZodnRS3EQBSE Launches Currency Futures Trading/a font size=-1 color=#6f6f6fnobrTopNews/nobr/font/fontbrfont size=-1 class=pa href=http://news.google.com/news/url?sa=Tct=us/1-4fd=Rurl=http://www.thaindian.com/newsportal/business/norms-for-currency-futures-likely-to-be-relaxed_100102431.htmlcid=1252832063ei=CYHqSMO4MaDM8ATymLz5Bwusg=AFQjCNGuHMvP24xACoQOq6KgFxe-WlX75wnobrThaindian.com/nobr/anbsp;- a href=http://news.google.com/news/url?sa=Tct=us/1-5fd=Rurl=http://www.thaindian.com/newsportal/india-news/bombay-stock-exchange-launches-currency-derivatives_100102299.htmlcid=1252832063ei=CYHqSMO4MaDM8ATymLz5Bwusg=AFQjCNFoCVQdPYPCXwHJ6AVa8ffvivqKagnobrThaindian.com/nobr/a/fontbr/font class=p size=-1a class=p href=http://news.google.com/news?sourceid=navclientie=ISO-8859-1rls=GGLG,GGLG:2005-22,GGLG:enncl=1252832063hl=ennobrall 150 news articles/nobr/a/font/div/font/td/tr/table

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table border=0 width= valign=top cellpadding=2 cellspacing=7trtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbrdiv style=padding-top:0.8em;img alt= height=1 width=1/divdiv class=lha href=http://news.google.com/news/url?sa=Tct=us/4-0fd=Rurl=http://www.thezimbabwean.co.uk/index.php%3Foption%3Dcom_content%26view%3Darticle%26id%3D15567:slow-take-off-for-zimbabwes-foreign-currency-trading-scheme-%26catid%3D31:top%2520zimbabwe%2520stories%26Itemid%3D66cid=0ei=CYHqSMO4MaDM8ATymLz5Bwusg=AFQjCNGAaUifThW4pzW9mJL9WjA6STG9yASlow take-off for Zimbabwe’s foreign bcurrency trading/b scheme/abrfont size=-1font color=#6f6f6fThe Zimbabwean,nbsp;Africanbsp;-/font nobrOct 2, 2008/nobr/fontbrfont size=-1After a slow take-off for the new foreign bcurrency-trading/b scheme, a handful of shops started selling in US dollars or South African rands. b.../b/font/div/font/td/tr/table

table border=0 width= valign=top cellpadding=2 cellspacing=7trtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbrdiv style=padding-top:0.8em;img alt= height=1 width=1/divdiv class=lha href=http://news.google.com/news/url?sa=Tct=us/5-0fd=Rurl=http://www.forexhound.com/article.cfm%3FarticleID%3D113114cid=1254872806ei=CYHqSMO4MaDM8ATymLz5Bwusg=AFQjCNF0tIcuY7tQ78abpHlNWDJJKSGo2AUS Dollar Consolidating in Forex Trading/abrfont size=-1font color=#6f6f6fForex Hound,nbsp;NYnbsp;-/font nobr2 hours ago/nobr/fontbrfont size=-1bCurrency trading/b with the greenbackRight now, the US dollar is consolidating against the euro in forex trading. Even though there are some hiccups in the b.../b/font/div/font/td/tr/table

table border=0 width= valign=top cellpadding=2 cellspacing=7trtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbrdiv style=padding-top:0.8em;img alt= height=1 width=1/divdiv class=lha href=http://news.google.com/news/url?sa=Tct=us/6-0fd=Rurl=http://www.dailyfx.com/story/special_report/special_reports/Forex_Market_Volatility_Remains_Elevated__1222701007342.htmlcid=0ei=CYHqSMO4MaDM8ATymLz5Bwusg=AFQjCNHZNLDiO6_ByYCHsbmoLHktMtHNyAForex Market Volatility Remains Elevated, Breakout bCurrency/b b.../b/abrfont size=-1font color=#6f6f6fDaily FX,nbsp;NYnbsp;-/font nobrSep 29, 2008/nobr/fontbrfont size=-1Forex market conditions continue primed for breakouts, as pronounced market indecision surrounding the US Treasury’s bailout for credit markets leads to b.../b/font/div/font/td/tr/table

table border=0 width= valign=top cellpadding=2 cellspacing=7trtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbrdiv style=padding-top:0.8em;img alt= height=1 width=1/divdiv class=lha href=http://news.google.com/news/url?sa=Tct=us/7-0fd=Rurl=http://desicritics.org/2008/10/06/114033.phpcid=1254888885ei=CYHqSMO4MaDM8ATymLz5Bwusg=AFQjCNEatQzD9by48JB3hJNSfDtXY_0N9AWall Street - Cold, Flat, and Broke/abrfont size=-1font color=#6f6f6fDesicritics.org,nbsp;Indianbsp;-/font nobr5 hours ago/nobr/fontbrfont size=-1That means that every twenty-four days the dollar volume of bcurrency trading/b equals the entire world’s annual GDP!” Moreover, “Today financial analysts b.../b/font/div/font/td/tr/table

table border=0 width= valign=top cellpadding=2 cellspacing=7trtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbrdiv style=padding-top:0.8em;img alt= height=1 width=1/divdiv class=lha href=http://news.google.com/news/url?sa=Tct=us/8-0fd=Rurl=http://www.washingtonpost.com/wp-dyn/content/article/2008/10/06/AR2008100600847.htmlcid=1251130543ei=CYHqSMO4MaDM8ATymLz5Bwusg=AFQjCNEZdhVwueGW3_L5FZZpxYXLaqTVZAUS Stocks Sink in Early Trading/abrfont size=-1font color=#6f6f6fWashington Post,nbsp;United Statesnbsp;-/font nobr7 hours ago/nobr/fontbrfont size=-1b.../b including a couple of quarter of negative economic growth,quot; said Marc Chandler, head of bcurrency trading/b at Brown Brothers Harriman amp; Co. b.../b/font/div/font/td/tr/table

table border=0 width= valign=top cellpadding=2 cellspacing=7trtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbrdiv style=padding-top:0.8em;img alt= height=1 width=1/divdiv class=lha href=http://news.google.com/news/url?sa=Tct=us/9-0fd=Rurl=http://www.ibtimes.com/prnews/20081006/forex-foreign-exchange-forex-webinar-live-webinar-ibt-forex-currency-currency-trading-forex-news.htmcid=0ei=CYHqSMO4MaDM8ATymLz5Bwusg=AFQjCNFEUN8qfsMbALKmzb3hs3zltIZmfwIBTimes Promotes The First Forex Webinar by a General Business b.../b/abrfont size=-1font color=#6f6f6fInternational Business Times,nbsp;NYnbsp;-/font nobr2 hours ago/nobr/fontbrfont size=-1As more people switch to bcurrency trading/b, access to up-to-the secondeconomic information and news shaping global investor sentiment will set apart the b.../b/font/div/font/td/tr/table

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