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Dear Friend,

 

Nice to meet you through this website. This website is exclusively designed for those who wants to earn money through Online Forex Trading. This is the only website where you will find top forex trading platforms reviews and ratings. Compare best online forex trading platforms and forex brokers and select the one that suits you best.

 

If you are looking for a business to make money full time or part time, Forex is the best option. Forex is acronym of Foreign Exchange. Forex Trading is trading currencies from different countries against each other. For example, in Europe the currency in circulation is called the Euro (EUR) and in the United States the currency in circulation is called the US Dollar (USD). An example of a forex trade is to buy the Euro while simultaneously selling US Dollar. This is called going long on the EUR/USD. The most commonly traded currencies are the US Dollar, Japanese Yen, Euro, British Pound, Swiss Franc, Canadian Dollar and Australian Dollar. Foreign Exchange Traders generate profits, or losses, by speculating whether a currency will rise or fall in value in comparison to another currency. A trader would buy the currency which is anticipated to gain in value, or sell the currency which is anticipated to lose value against another currency.

 

Forex is one of the largest and most rapidly developing markets on the planet. Over 2.5 trillion dollars are turned over on the forex every single day. That is more than 100 times the amount turned over daily on the NASDAQ. The FX market runs 24-hour hours a day, 5 days a week with continuous access to global dealers. Trading is not centralized on a physical location or an exchange, as with the stock and futures markets. Forex market is much more stable than stock exchanges - it is not subject to huge surges, even if one currency is declining, another one is improving.

 

Forex trading is typically done through a broker or market maker. You can open an account with a forex broker and start trading online - from any place in the world, with tens or hundreds of different currencies. You need to find a good, reliable and well-known brokerage company and sign up for an account with it. Then you have to fund your account. You use the money you have in your account to trade. As a forex trader you can choose a currency pair that you expect to change in value and place a trade accordingly. Forex Orders can be placed with just a few clicks and the broker then passes the order along to a partner in the Interbank Market to fill your position. When you close your trade, the broker closes the position on the Interbank Market and credits your account with the loss or gain. This can all happen literally within a few seconds. Any profit that you make, will be added to your account and visa versa. Then you can withdraw the money you have made.

 

If you learn Forex trading properly, you can make a lot of money. Forex can be your full time job that makes thousands of dollars for you every month. You can make a lot of money by spending a small amount of money. Unlike other investments like stock market that you have to invest a lot of money to make a reasonable profit, you can make a good income through investing small amount of money. For example, with a $5000 account, you can make about $5000 per month. Of course it highly depends on the way that you trade and the strategy that you follow but good and experienced traders can double their money every month.

 

If you are interested in joining the Forex market, you only have to have a few things to get you started. First, you need a computer with a high-speed internet connection. Second, you need to choose which Forex brokerage company you should hire. These companies will provide you with the Forex trading platform that you can easily download and install in your computer. A Forex trading platform is either a software program or a web-based service that allows you to trade on the Forex market. It is important for you to choose a trading platform that you are comfortable using. You should also make sure that the trading platform you choose provides accurate and up to date real time information, security, and stability. It is also recommended that the trading platform you choose should provide information on at least 16 currency pairs, execute orders with just a click of the mouse, have charting tools to perform technical analysis, and should also have a recording feature that will store your trading history. With all these features, you can really improve the way you trade in the Forex market and also minimize the risk of losing money.

 

It can be a long and difficult task choosing which forex trading platform is the best one for you. That is why we have done that research for you to bring the best and let you make a better decision. We have spent much time and done a lot of research going through many online forex trading platforms and have come up with what we have determined to be the best 5 picks.

 

 

1st Choice - eToro

 

 

 

 

Features

 

  • Headquarter: Limassol, Cyprus

  • Web based & Downloadable Platform

  • Trading offer: all major currencies, commodities (Silver, Gold and Oil) and indices (S&P500, NSDQ100, DOW30, FTSE100, DAX30 and CAC40)

  • Free Demo Account Available

  • Guided Tutorials

  • Minimum Deposit $50

  • Accepted payment methods: Credit Card, PayPal, Moneybookers, Neteller, Wire Transfer, Western Union, Money Gram, WebMoney

  • Bonus: from $25 to $1,000 (according to your deposit size)

  • Spreads: from 2 pips

  • Leverage: 1:5, 1:10, 1:25, 1:50, 1:100, 1:200, 1:400

  • Minimum Transaction Size after leverage: $1,000

  • Free $25,000 trading contests

  • Withdraw commission: No

  • Personal Trading Coaches

  • Trader Chat Rooms

  • OpenBook application

  • Micro Lot Trading

 

Rating:

 

 

 

 

2nd Choice - AvaFX

 

 

 

 

Features

 

  • Headquarters: Dublin, Ireland

  • Trading offer: all major currencies, commodities (Silver, Gold and Oil) and indices (S&P500, NSDQ100, DOW30, FTSE100, DAX30 and CAC40)

  • Multiple platforms: MT4, Web, AutoTrading, Mobile

  • 4 Types of Forex Auto Trading System Ava Autotrader, Zulutrade, Algorithmic Trading and API Trading

  • FREE Live Webinar to Get Started

  • Free fully functional demo trading account

  • Minimum deposit: $100

  • Accepted payment methods: Credit Card, Wire Transfer, PayPal, Moneybookers, Neteller, Geo Trust

  • Bonus: First deposit bonus starting from $75 up to $1,200 and more, depending on the account type

  • Spreads: from 2 pips

  • Leverage: 1:200

  • Minimum Transaction Size: $1,000

  • Withdraw Fund Instantly with AVA Debit card

  • Daily recommendations and analysis

  • 24 Hour live support

  • Withdraw commission: No

 

Rating:

 

 

 

 

3rd Choice - Easy Forex

 

 

 

 

Features

 

  • Web Based Platform

  • No Software Download Required

  • Minimum deposit: $200

  • Credit Card Deposits Available

  • Spreads: from 2 - 4 pips

  • Leverage: 200:1

  • Personal Account Manager for undivided attention and guidance

  • Rate Freezing feature, so you can be sure about the rate when you fix the deal

  • Stop Loss, you can never lose more than you can afford

  • 24/7 support available for all Easy Forex clients

  • Real time, live streaming quotes

  • Safety and security - Two-layered, top-class firewalls to protect application-side and server-side transactions

  • Complete transparency - View detailed past activity reports of your forex trading account at any time

 

Rating:

 

 

 

 

4th Choice - UFX Bank

 

 

 

 

Features

 

  • Trading allowed for Gold, Silver, Crude Oil, Platinum, Stock Indices & CFD

  • Java based Web Trading Station, download Windows Version Trading Station and Mobile Trading Application available

  • Demo Account: Yes

  • Min. Deposit $100

  • Bonus Up to $1000

  • Spreads: 2 pips

  • No extra commissions or fees

  • Maximum Leverage: 500:1

  • FREE advanced trading tools

  • Allow number of ways for automate trading

  • Free Currency Analysis & Personal Assistant

 

Rating:

 

 

 

 

5th Choice - InstaForex

 

 

 

 

Features

 

  • 107 currency pairs, 34 CFD's and gold

  • Open forex accounts in USD, EUR or RUB

  • Minimum deposit: $10

  • Deposit by Webmoney, Moneybookers, LibertyReserve, AlertPay, WireTransfer

  • Bonus Up to $5,000

  • Spread from 2 pips

  • Credit leverage from 1:1 to 1:500

  • Trading platform based upon MetaTrader 4 (MT 4)

  • Instant Execution — Quotation system

  • Technical forex support 24 hours/day, Sun-Fri

  • InstaForex Forums: An active place for trading discussions

  • Monthly forex competitions where you can win a Hummer H3

 

Rating:

 

 

 

 

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