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(#1)
FoReX^ExPeRt (Offline)
Amateur Investor
 
Points: 102
Thumbs up Forex Broker Reviews: Tips For Choosing The Best FX Broker - 07-05-2010, 01:49 PM

Read The Full Article: Forex Broker Review - Things To Look For In An FX Broker

Forex Broker Review: Things To Look For In A Forex Broker
Finding the right Forex broker can be tough, sometimes it can be a tougher task than trading itself. When looking for a FX broker, there's so many things to consider. It's important to consider the country their based in, independent reviews from other traders, the minimum deposit the broker allows for, the type of platform the broker has etc.

Here's just a few things to start with when looking for the Forex broker you want to trade with:

Broker Reputation

We've all heard that it's important to look at a brokers reputation to make sure they're not "scamming" people, it sounds cliche. Well this is a legitimate concern. Every Forex broker is going to tell you "we have the best spreads, we have the best trading, you can make the most pips with us, great bonuses blah blah" but the truth is, there's a lot of brokers out there that will take your money & run.

Let me give you a quick example. One of the most popular FX brokers, with offices in many countries, pulls a simple trick that just a select few (one's that I personally would steer clear of) use to make some extra money from their traders (us), it's called a margin call...more info
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(#2)
Johnkitty (Offline)
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Points: 21
Default 07-28-2010, 10:33 PM

Reports that the middle class is declining should be an eye opener to Wall St. Those who put money into the system from buying cars, houses, or vacations are struggling. If you break it down further this means less taxes for the government as many are still losing their jobs. 61% of Americans are living pay check to pay check and 31% have no retirement accounts. The retirement age, although not raised yet, is a topic that has people concerned. People are looking to work longer because of the 2008 crash. Some lost their entire retirement savings and now have to work another 10-15 years to make ends meet. People who are desperate will work for wages much lower than those with higher standards. Those who have higher education looking for jobs have resorted to working in the service industry. The only problem is people may work for lower wages compared to those with an education.
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