Wednesday, May 6, 2009

How to choose a Brokerage company ?



How to choose a mediation 

Before the start of the profession, trade foreign exchange you need to start 
Open an account with a broker the exchange of currency converters, and called the broker or 
Albrookr a Broker 

What brokers broker "brokerage company"? 

In normal conditions the broker is an individual or company that buys 
And sell orders in accordance with the resolutions of the trader and brokerage company take 
Remuneration for their services ... Do not choose a broker who wins through 
Commissions, as this is contrary to the provisions of Islamic law. 

The most important step is asking whether Semsark Forex Are you choose 
Recorded followed by a regulatory body? 
When you choose a profession and Sitk in foreign exchange, find the 
Regulations or regulatory agencies, the most famous and a good reputation 
Exchange currency market, "it is not organized with a specific status of" try 
Do not be tricked ... 


For example, in the United States a broker should be registered 
Shares of future merchant (FCM) in the commodities market in the future 
(CFTC) or a member of the NFA, the CFTC and NFA mission to protect 
Traders American public against any fraud or any trade usages 
Bad. 

You can be achieved in the recordings of the shares of commodity futures trade 
(CFTC) and member of the Organization of the NFA in the information section of the site 
Web of NFA .. See "Department of regulatory agencies" 

** FCM is a Futures Commission Merchant 
Any committee dealers receiving contracts and grants to the trader, whether an individual or 
The licensing of products for illegally practicing the profession in 
United States of America. 


How do you know the best forex broker 
1 - Customer Service 
The market for currency exchange market is open 24 hours 
And support over the 24-hour duty necessary! 
You should contact the company by phone or e-mail 
Or through instant chat, etc.. .. 
Do you ask yourself, here the ideas of the representatives of the service seems to support well-informed 
Certainly the quality of support will vary from brokerage firm to another, make sure 
All this before opening a real account and deposit the funds in which 

A good point here ... 

Chose a number of Alsemsarp on the Internet and contacted the offices of the request 
Help and see any of them would respond to your questions quickly and if it does not get 
Answer to a quick and convincing answer to your question you certainly would not 
They belong to your business. 
Be aware that just as in other types of business 
Commercial pre-sales service might be better to serve the post - 
Sale .. 

2 - Services to avoid the problems of Internet access: 
Do not forget the importance of communication over the Internet because the market for the rapid exchange of 
Currency market fast and you will need to broadcast the price information in the 
The heat of the moment to make decisions about your business and make sure that your 
High-speed Internet and if you are not connected to the Internet, you can request 
Dial-up, can provide a Semsark .. 

3 - micro and mini accounts and standard 
More brokers offer mini accounts can start at the Mini 300 
Dollars, and there is a "Micro Micro account may start from U.S. $ 100 
. This kind of small accounts by the great traders of the Junior 
To test the skills of their trade to gain real experience in the early stages of 
Education. 

4 - Bells and whistles and analytical services in the market 
Broker will exchange currencies for immediate pricing and allows you to 
Quickly enter and leave as they want 
And provides the voices of the bells and alert during the interaction with the trading of 
Market. 
It also presents a more analytical stories Alsemsarp services and technical 
Integrated program of circulation of the trade.
Certainly the level of integration in the trading programs that vary in important 
Choose the most appropriate for you. 

5 - Semsark policies 
For the selection of brokerage company in exchange of foreign currencies must be 
You have to examine the characteristics and policies. 
These include the following: -- 

Currency pairs available 
Must ensure that the broker provides the seven major currencies 
AUD, CAD, CHF, EUR, GBP, JPY, and USD 

Transaction costs 
The cost of each transaction account (Alsebred) any more points of difference 
Alsebred was less for you as to maximize profit. 
For example, the points difference between supply and demand for the currency pair 
The euro against the dollar usually 3 points, and there are companies that offer Spread 2 
Points, and even 1 point and there are not absolute, but the Spread Alsebred not 
Everything. 

Margin required 
Where the margin is required where less force was lifting higher, 
Valhamc required has an important role in influencing the profits and losses, 
The ratios vary margin percentage of 0.25% and above, we 
The margin required of you as low as excellent if 
Cefqatk was good but not good if the Cefqatk 
Wrong. 

Minimum requirements of the volume of trade 
Allot that the size of the object or not may vary from one broker to another 
May be the object 1000 or 10,000 or 100.00 
Most pieces have Alsemsarp 100000 b is called (a piece of 
Standard) 
The piece has a lot to b called 10000 (small piece). 
Many of the pieces he has called the 1000 b (min piece) 
It also presents some of the partial volumes Alsemsarp called (Parts 
Abnormal amount of any non-specific), which allows you to create the volume of the deal 
Your own and you want them. 


Trading hours 
Must know whether the broker is committed to the timing of the foreign exchange market 
World!! 
At 5:00 pm EST on Sunday at the American 
04:00 pm Friday EST. 

Charts and technical analysis 
Chose the broker who gives you better access to the currency schemes 
Active technical analysis and effective. 
Search for a broker who provides you with technical analytical services for free. 

Other policies 
Make sure (small writings) written by the broker in its 
The files, in particular the Convention on the client and the manner Aguetnaek 
Convention and the laws ... 

Finding the right broker is a critical part of the process of processing 
Exchange of the profession, it is not easy and requires some real effort 
On your part, do not choose the first dealt with without the other test, 
The first is not always good. 
The experience of the pilot accounts for the different Forex brokers 
... Go for the selection and Sitk in Forex

Adseas


Forex + good job = profit