The primary purpose of the foreign exchange is to assist international trade and investment, by allowing businesses to convert one currency to another currency. For example, it permits a US business to import English goods and pay in Pound’s, even though the business's income is in US dollar’s.

Retail traders (individuals) constitute a growing segment of this market, both in size and importance. Currently, they participate indirectly through brokers or banks.

There are two main types of retail FX brokers offering the opportunity for speculative currency trading: brokers and dealers or market makers. Brokers serve as an agent of the customer in the broader FX market, by seeking the best price in the market for a retail order and dealing on behalf of the retail customer. They charge a commission or mark-up in addition to the price obtained in the market. Dealers or market makers, by contrast, typically act as principal in the transaction versus the retail customer, and quote a price they are willing to deal at—the customer has the choice whether or not to trade at that price.

Before you start foreign exchange trading you should decided which broker is good for you to open a live account with. You should be able to choose which brokers provide the best conditions to serve you as a reliable partner facilitating your online currency exchange transactions.

Online currency trading contains an inherent high risk of your losing your capital. The same is true for trading other markets such as the stock market as well. So if you are just learning how to trade it is recommended before depositing your hard-earned cash into the live account to first open a demo-account to practice and see how your trading system works. After you see positive results and you make a decision to trade live opening a micro or mini account with a reputable company seems like a non-brainer.

The trading technologies have not stood still. Today just one broker can provide you with different ways you trade Forex. This all depends on your needs and size of capital you are ready to deposit into your trading account.

Knowing all what is been mentioned it’s self-spoken that you would look out for broker providing to you the best options and add-on tools such as free “Robot trading software” and cash bonus to open your account. In fact, our service attracted more than 200,000 clients around the globe. We would be happy if you visit as and test our service when you are ready to be part of a growing Forex community.

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