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      June 27, 2019

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Forex Trading

  1. Lite Forex
  2. Forex Yard
  3. Oanda
  4. Trade 24

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The foreign exchange (Forex) market deals with the trade of one currency for another. As the largest financial market in the world, the Forex market is comprised of trades between banks, financial markets, currency speculators, institutions, corporations, and governments.

Currently, over three trillion dollars are traded daily (on average) in the global Forex and other related markets. Due to the overwhelming opportunity for financial gain, Foreign Exchange is the fastest growing trading market available today.

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Best Reviews

2019

Forex Trading Reviews

5 stars
Easy Forex

EASY MARKETSTopConsumerReviews.com Best-In-Class Blue Ribbon Award

Easy Markets (formerly Easy Forex) is an online Forex trading platform that lets you to start trading with as little as $100. The website is very thorough, professional, and easy to navigate - even for novice users. Easy Markets also offers many services to help you get the most out of foreign exchange trading. Not only does Easy Markets provide extensive training materials for new Forex traders, they also offer tools for the more advanced trader. For all of these reasons and more, Easy Markets is our top-rated service. Read More... Visit
Site

4.5 stars
Lite Forex

LITE FOREX

If you are just entering the Forex trading market, then Lite Forex might be a good site for you. Designed with the novice Forex trader in mind, Lite Forex will help you ease your way into the Forex trading world, learn professionalism, and gain success. Lite Forex offers a variety of account types and can also appeal to the more experienced Forex trader. However, for additional advanced Forex trading support, you might consider our highest-rated service.
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Site

4 stars
forex Yard

FOREX YARD

Forex Yard is a good website for either professional or novice Forex traders. Forex Yard does not require software downloads, and you can start trading with as little as $100. Additionally, there are not any tailor-made conditions for frequent traders. Forex Yard offers competitive spreads, trailing stop orders, and credit card deposits. If you are new to the Forex trading market, you can take advantage of Forex Yard's free Forex trading course. However, if you are looking for extensive training and instruction, you might consider one of the higher-rated services.
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Site

3.5 stars
Oanda

OANDA

Oanda started its FXTrade Platform in 2001 and has been an industry leader ever since. We were impressed with the professionalism of the website and our ability to find educational information about Forex trading. However, the trading interface is cluttered and somewhat confusing, the charting software that is provided is overly simplistic, and their customer service representatives can be short and downright rude. Therefore, novice Forex traders might consider one of the higher-rated services. Read More... Visit
Site

2.5 stars
Trade 24

TRADE 24

New to the Forex market, Trade 24 is quickly making a name for itself. This UK based company caters to the advanced to professional trader. Their trading platform is sophisticated yet user friendly with many bells and whistles.
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Site

Continued from above

So, how does a person get involved?

First, you have to find a suitable Foreign Exchange trading platform. There are a number of these trading services available, depending on your experience level.

If you're a novice Forex trader, some websites offer extensive training materials that not only cover how to use their Forex trading services, but also information about the Foreign Exchange trading market in general. For more experienced Forex traders, some platforms provide advanced account options that can match your individual trading needs.

When looking at different Forex trading services, there are certain factors you need to consider. Some of these include:

  • Experience. Is the Forex trading platform geared toward novice or more advanced traders?
  • Ease of Use. Is the Forex trading platform easy to use? Can you find information and place orders without much stress?
  • Service. Does the Forex trading platform provide the tools and services you need to begin Forex trading?

TopConsumerReviews.com has reviewed and ranked the best Forex trading platforms available today. We hope these reviews help you find a Forex trading service that meets your needs!

Forex Daily Recap - Greenback Boosts Up as Powell Reiterated his Stances

Bears had continued to take full control over the Greenback in the Asian trading session. The USD Index went digging down the three-month bottom marking the lowest point near 95.83 levels. ...

Published:  Tue, 25 Jun 2019 19:01:00 GMT



How To Structure A Trading Business For Significant Tax Savings

If you actively trade securities, futures, forex or crypto, consider setting up a trading business to maximize tax benefits. With a sole proprietorship, a trader eligible for trader tax status (TTS) ...

Published:  Wed, 26 Jun 2019 13:17:00 GMT



FOREX-Bets on U.S. rate cuts keep dollar on defense

At 10:55 a.m. (1455 GMT), the dollar was down 0.34% at 106.94 yen after hitting 106.78 yen during Asian trading, which was its weakest since Jan. 3. Demand for the yen was underpinned by new U.S. ...

Published:  Tue, 25 Jun 2019 13:04:00 GMT



INTL FCStone Ltd Launches FX Trading App on Integral Platform

the British subsidiary of INTL FCStone Inc., to launch a forex trading app built on the Integral platform. By partnering with Integral, the FCA-authorised firm is able to expand its mobile trading ...

Published:  Wed, 26 Jun 2019 00:07:00 GMT



SkyDesks Forex VPS is a cloud-based Virtual Private Server (VPS)- designed for FOREX trading.

SkyDesks Forex VPS is a cloud-based Virtual Private Server (VPS)- designed for FOREX trading. SkyDesks has pioneered a patent-pending cloud server architecture which is fully-automated and set up ...

Published:  Wed, 26 Jun 2019 06:07:00 GMT



A Quick Guide on How Does Forex Trading Works

Forex trading refers to buying and selling currencies at current or predetermined prices to make a profit. It's the largest financial market in the world with an average trading volume of 4.5 ...

Published:  Mon, 24 Jun 2019 18:19:00 GMT



FOREX-Ahead of G20 summit, dollar bounces on Fed comments

Against the Japanese yen, for example, traders have built up large option bets between 107.50 to 107 yen. In the cash market, the yen was trading at 107.45 yen. The New Zealand dollar was the big ...

Published:  Wed, 26 Jun 2019 09:08:00 GMT



HotForex Receives Best Forex Mobile App 2019 Award

This prestigious award is an acknowledgement of the company's outstanding quality and excellence in the forex industry ... trader's partner in the world of mobile trading. ...

Published:  Wed, 26 Jun 2019 01:48:00 GMT



FOREX-Dollar holds steady on reduced bets on steep U.S. rate cut

In late U.S. trading, the dollar was up 0.57% at 107.790 yen , while the euro was 0.58% higher at 122.585 yen . The greenback was little changed against the euro at $1.1372. The dollar index edged ...

Published:  Wed, 26 Jun 2019 12:29:00 GMT



FOREX-Dollar mostly weaker on bets on U.S. rate cuts

In late U.S. trading, the dollar JPY=EBS was down 0.14% at 107.145 yen after hitting106.78 yen during Asian trading, which was its weakest since Jan. 3. Demand for the yen was underpinned by new U.S. ...

Published:  Tue, 25 Jun 2019 01:38:00 GMT



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