Forex is one of the most viable investments options for anyone in the world. Although there are some risks, the opportunity to make money through Forex is indeed very reasonable. The broker is the intermediary between the trader and the market and as such, the need to ensure that you have a dependable brokerage firm cannot be emphasized more than it has been in the recent past. The following are some of the top Forex brokers in the market, their Pros and Cons.
FXCM Brokerage Company
The FXCM brokerage firm is one of the biggest entities in New York. The company uses modern platforms for trading such as the Trading Station II, FXCM Active Trader, Trading Station Gateway and also an innovative mobile enabled platform known as MetaTrader4. The customer service is simply amazing and reliable but also, FXCM does not have commissions on offer. This is one of the Cons of the provider. The company is well known for floating spreads which are very tight. Furthermore, FXCM is just limited to Forex alone. The good thing about the company also is that it allows you to trade the US Dollar index. Accounts can be started for as low as $50.
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