Post by gracebakya on Apr 19, 2016 4:59:26 GMT -5
There are a host of online brokers but all do not offer the same services and have the same philosophy. When it comes to your money, you must be sure your broker meets your expectations. It is entirely your right to ask as many questions as you want to your broker. If it does not respond, you should be urged to find another one.
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Size matters. Since the Forex market is a decentralized OTC market, not everyone has access to the same price and same quality of execution. Online brokers with trading volume and the largest financial strength have access to the best price and best execution. More important is the broker, the better your experience on the foreign exchange market, the more chance you will profit.
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Dealing Desk. means your Forex broker sets the price and executes your orders. The spread is usually fixed which implies that it is generally a little higher than variable spreads. There are also some restrictions on the opening of positions for certain economic events, yet at crucial moments to trade. No Dealing Desk.
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usually means that different prices are in competition and that the broker provides the best possible prices. Orders are executed by the banks providing prices. This implies the absence of restrictions on the orders at the time of crucial events of trading.However, it should always be certain by contacting your broker. Some brokers that have no dealing desk also charge a commission on top of the spread.
centumentltdreview.com/drexel-code-review/
Size matters. Since the Forex market is a decentralized OTC market, not everyone has access to the same price and same quality of execution. Online brokers with trading volume and the largest financial strength have access to the best price and best execution. More important is the broker, the better your experience on the foreign exchange market, the more chance you will profit.
autobinarysignalssoftwarereviews.com/safe-income-inc-review/
Dealing Desk. means your Forex broker sets the price and executes your orders. The spread is usually fixed which implies that it is generally a little higher than variable spreads. There are also some restrictions on the opening of positions for certain economic events, yet at crucial moments to trade. No Dealing Desk.
centumentltdreview.com/safe-income-inc-review/
usually means that different prices are in competition and that the broker provides the best possible prices. Orders are executed by the banks providing prices. This implies the absence of restrictions on the orders at the time of crucial events of trading.However, it should always be certain by contacting your broker. Some brokers that have no dealing desk also charge a commission on top of the spread.