Forex Broker

A broker at the Forex currency market is an intermediary between a trader and an international market. Brokers provide access to the market and provide an opportunity to trade. The commercial goal of the broker is to extract profit from the client's transactions, that is, taking a commission. The commission can be established in the form of a fixed amount from the volume of sale or a percentage of the value of the transaction.

In the Forex market today there is a huge number of companies (Dealing Centers) that provide brokerage services. Of course, the conditions for different companies are different.

If a person has firmly decided to connect his life with Forex trading, he needs to choose a Forex broker. The further prospect depends on the choice of the broker, so you need to follow the requirements.

Pay attention to the terms of cooperation with the company, on the size of the spread, the size of the commission. Also, what trading platform is used (popular - MetaTrader), is it possible to trade using pending orders.

Make sure the company has the necessary license, the broker's activity should be transparent. Concluding the contract, details of cooperation, mutual rights and obligations must be discussed.

An important detail is the experience of the company that represents brokerage services in the foreign exchange market, and the longer the broker is working, the better. If the broker has stayed in the flow with a huge competition, then it is worth something!

If the broker is serious, he will provide the trader with insurance for his funds, which he invests in the trade. Likewise, the leverage, the self-respecting broker should take care of his clients and pacify their ardor, so the shoulder should not exceed 1: 500. The approximate values are from 1:10 to 1: 200.

Collect feedback on the prospective broker on the Internet. Forums, experienced players, acquaintances, specialists - all help you.

The rating of Russian companies can not be ignored by the Alpari broker. Founded in 1998. Customers are offered everything they need. For a beginner - an accessible training, a professional - support and provision of perspective work. Want, get any program for trading on any electronic machine. There are many ways of input-output means.

Alpari also has the status of the best Russian broker of the year, offers the trader favorable terms of cooperation and always answers the questions of interest. To learn more about this broker, visit SpeedForex.ru.