Forex Trading Platform - How to Choose The Best Platform & Broker

I bet you can’t tell me… How to choose a good forex trading platform?

Choosing a forex trading platform can be very hard if you dont know what to look for.

In this article you will learn the most important things that a good forex trading platform should have.

Hopefully after reading this article you will have everything you need to choose a good forex broker & platform.

Tip #1 Real Time Quotes

This is extremely important. Forex trading is done 24 hours a day and you want to have live quotes. With live quotes you can be in full control of your funds and check them whenever you want.

Make sure to check if the broker platform offer live quotes 24 hours a day. This is really important i cannot stress this enough.

Make sure to check so the broker don't slow the execution of the orders. This way you will enter a market at a different time than you wanted.

So make sure that the broker don't slow the execution orders.

Tip #2 Easy to Use

The software you use should be easy to understand. You should be able to start trading immediately. Skip systems that take weeks to learn. They should be easy to use, that's it.

You should also try to pick a software that doesn’t need any download, that you can access from every computer.

You could choose to download a software but make sure that it got live quotes.

Tip #3 Support

This is very important. Your broker shall provide 24 hours support no question about it. The forex market never rests and if you need assistance you should get it fast.

A good tip is to contact their support about any questions you have before you buy their services.

Tip #4 Trading Rates

Be sure to check if the software allows a freeze option when you decide to buy or sell. This way you get the rate you freeze and not the actual rate that occurs when the buy or sell is processed seconds later.

Tip #5 Spreads

The spread is different from broker to broker. Make sure to check which spread the broker have. If they have larger spreads then the market have to move in your favor more than it would have if the spread was smaller.

It can be harder to make a profit if the spread is larger so try picking a software that have a small spread.

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If you follow these tips when choosing a trading platform you will get a great platform. Make sure you can trade at live quotes because this is most important.

Now go ahead and choose a trading platform that suites you.

Keep in mind that the expensive forex trading platforms doesn’t always need to be best.

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You know, my mom learned how to start trading forex from this site... You can do the same as well. Click the link Forex Trading Platform

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(c) Copyright 2007 David Sodergren

Article Source: http://EzineArticles.com/?expert=David_Sodergren

Getting Started In Forex - The Proven Best Strategy For Getting Started In Forex

Getting Started In Forex - The Proven Best Strategy For Getting Started In Forex
By Karin I Manning

The proven strategy for getting started in Forex trading - thousands of people every year get started in Forex trading. Thousands of people new to Forex trading every year make critical mistakes because they've cut corners and not followed the best strategy for getting started in Forex. This article will discuss the best proven strategy for getting started in Forex - what you need to do and what you have to know. Keep reading to get a FREE Forex trading lesson plus access to a $100,000.00 Forex demo account to get you getting started in Forex.

Getting Started in Forex Strategy One - when you are getting started in Forex trading it's important to a realistic Forex trading strategy. To do this you need to know (and stick to how much money you are willing to risk.

Getting Started in Forex Strategy Two - when you are getting started in Forex trading it's important to choose the best Forex trader. It is an ABSOLUTE MUST that your Forex broker is registered with the Commodity Futures Trading Commission.

Getting Started in Forex Strategy Three - when you are getting started in Forex trading be sure to have access to the most up to date and most important Forex tools to help you getting started in Forex. Various brokers have access to various tools. Only choose a Forex broker that has the best and most up to date Forex tools at his fingertips. The more access to Forex information that he has the better your chance at winning Forex trades.

Getting Started In Forex Strategy Four - getting started in Forex trading involves learning two different ways of Forex trading (technical and fundamental) and becoming as efficient as you possible can in the Forex trading strategy that works best for you.

Getting Started In Forex Strategy Five - when getting started in Forex trading it's absolutely critical that you build a solid Forex foundation with a comprehensive understanding of the basic building blocks. Taking shortcuts here is not an option and will only result in Forex losses.

Getting Started In Forex Strategy Six - every Forex trader, even ones not getting started in Forex trading, should have a reasonable understanding of interest rates, international trade and the economy in order to predict movements in the current market.

Copyright 2007. Are you ready to get the best education in Forex trading? “Fast Education For Fast Forex Profits” is what this best Forex trading system course is all about. Learn how to start making money trading the Forex market within 30 days. Study, practice, trade – get a 30 day FREE trial to practice Forex trading with your own $100,000.00 Forex account so you never have to risk any of your own money! Start your beginner education in Forex trading at http://www.Best-Forex-Trading-System-Course.com

Article Source: http://EzineArticles.com/?expert=Karin_I_Manning