Broker services on Forex

Broker services on Forex

Forex brokers trade currencies on behalf of their clients. They:

Supply their clients with a forex trading platform

Provide real-time market quotes

Execute buy and sell orders

Allow their clients to trade on margin

Carry out market analysis and provide recommendations

Ensure their clients' security and anonymity

Unless you're a major financial institution trading directly in the forex market, you need a broker. How do you evaluate brokers and choose the right one for you?

Reviews

Forex broker reviews are published regularly in the media, and these are a good starting point. They will tell you what services the broker provides and how much they charge. For example, here are some of the services provided by Forex4you, all of which are free:

Industry-leading MetaTrader 4 forex trading platform

Real-time quotes and order processing

Trading bonuses up to 50% of the spread

Dow Jones news feeds

Daily market data, analysis and tips

Forex training, seminars and consultation

Online tutorials and guides

Analysis of your trading performance

Android and iPhone applications

Free deposits and withdrawals

Fast withdrawal processing

Trading competitions with prizes up to $3,000

Partner rebates from 50% to 85%

24x5 customer support

Selection criteria

Aside from services and cost, there are a number of other factors you should consider. Your broker must meet the following criteria:

Have a license

Carry insurance

Execute orders quickly and accurately

Know the forex market inside-out

Why Forex4you?

We believe in building long-term relationships with our clients. We're committed to your success and embrace the following values:

Honesty – we always act in your best interests

Partnership – we provide the tools and information you need to succeed

Competence – our forex experts know the market and share their knowledge