Thursday, September 13, 2007

Is it best to use my bank to trade currency money or a website such as www.forex.com? -

I am not just talking about 1 time currency change, im talking about doing it frequently should i do my trading with the bank or another source would be better? It s better to use a Forex broker. This kind of website allows you to trade easier than a bank. Fees are lower as well. However keep in mind that there are lots of Forex brokers scams. So, you should chose a regulated broker, based in USA or Europe, that offers you small fees and a good execution. Make sure to make a complete due diligence about a broker before you send them any money. i would suggest you do forex trading with a regular forex trading site. trading sites can give you an uptodate market situation 24/7, anytime you want, anywhere you are. you can check your options with this site. here they can provide you a personal Account Service manager to work closely with you and with whom you can personally talk to over the phone, email or chat as you like. you can also obtain expert advises from a team of expert forex traders in their dealing room. the best part is they can execute for you your Stop Loss and Take Profit rates which can guarantee you unlimited gain from your trading but you can lose only your pre-defined amount.

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