the tighter your dealing spreads become. LCG m, oanda, pepperstone, poloniex, plus500, iG, saxo Bank. Research, customer Service, mobile Trading, education, learn More About How We Test. Margin Requirements Even though forex transactions are exchanges and not purchases of an asset like a stock or commodity, when the exchange rate moves, it creates credit risk for the counterparty showing a gain on the transaction.
Forex broker reviews
Location can make a big difference, especially if the regulatory regime in the country is top of the line. Dealing Spreads, many day trading strategies become unsuccessful over the long term if your account does not have access to competitive dealing spreads. If you prefer a UK broker, then make sure that they are headquartered in London and have a significant presence there. Sometimes these are calculated on a per transaction basis or on a volume dealt basis. If you think you might want to automate your trading plan, check to see with brokers you are considering to see if they support this type of trading and how they. These usually either take the form of web-based platforms that use access via your Internet browser or client-side platforms that you download to, install and run on your personal computer. If either of these options makes sense for you, inquire with your potential brokers whether dealing desk access will be available to someone with your anticipated initial deposit.