List of FOREX Brokers

To start an online Forex trading business, you will have to sign up with a reliable Forex broker. You will find innumerable brokers while searching Google, but you will have to find out the best one to suit your needs. This job will be long and tedious. Be meticulous and systematic in your approach.

First, analyse your requirements. These points should be considered.

1. Reputation of the Forex broker
2. Your minimum investment in currency trading
3. What currencies will you deal in
4. How much leverage will you need
5. Commissions for Forex trading
6. What Forex trading tools will you require
7. Whether mobile phone trading feature is required
8. Whether you require a specific trading platform like MT4 etc.
9. How will you transfer and receive money. (Paypal, credit card, wire transfers etc.)
10. Restrictions and laws of your country pertaining to FOREX and money transfer
11. What cost will be involved for transferring money
12. Whether scalp is required
13. Whether hedge is required

Now, you should visit and study all the Forex brokers website to find out what they offer and whether they meet your requirements.

I give below a list of Forex brokers for your needs

1. 1LotSTP
2. 1pipfix
3. 3TGfx
4. 4xp
5. AAAfx
6. Accentforex
7. Activetrades
8. AFM
9. AFX Capital
10. Ajax Financial
11. Alpari
12. AL Trade
13. Arab Financial Brokers
14. ATC Brokers
15. Atlas Capital FX
16. Ava FX
17. Azurite Markets
18. Boston Market Financial
19. Bulbrokers
20. CitiFXPro
21. CMS Forex
22. Delta Stock
23. Delta Financial Markets Limited
24. Dukascopy
25. Easy Forex
26. ECN Alpha Limited
27. e Toro
28. EXNESS
29. Exto Capital
30. Fast Brokers
31. FIBO Group Holdings
32. Fibo Group Limited
33. Finexo
34. FinFX
35. Finotec
36. Forex Capital Trading
37. Forex Financial Services
38. Forex.com
39. Forex MMCIS
40. Forex Web Trader
41. Forex4you
42. Forex Yard
43. FX Choice
44. FX Solutions
45. FX Company
46. FX Financial Group
47. FXGlory
48. FXM Financial Group
49. FXOpen
50. FXPro
51. FXT Swiss
52. FX Up
53. Gallant Capital Markets
54. Gain Scope
55. GCI Financial
56. Global Futures
57. Hirose Financial UK
58. HotForex
59. HY Markets
60. IamFX
61. IFC Markets
62. iFOREX
63. Infin Markets Limited
64. InstaForex
65. International Capital Markets
66. ICM Capital
67. Investors Europe
68. Jiffix Markets Limited
69. Lionstone Investment Services
70. LiteForex
71. Loyal Forex
72. Markets.com
73. MasterForex
74. MBC Financial Services
75. MF Financial
76. MIG Bank
77. MRC Markets
78. NovaTradex
79. Octa FX
80. Pacific Financial Derivatives
81. PaxForex
82. Pepperstone
83. Persepolis Capital Management
84. PFG Forex
85. Plus 500
86. ProfitForex
87. QuestradeFX
88. Real Forex
89. Renesource Capital
90. RoboForex
91. RV Markets
92. Saxo Bank
93. Smart Trader FX
94. Swissquote Bank
95. Synergy FX
96. Tadawul FX
97. Trading Forex
98. Trader's Way
99. UFX Bank
100. United World Capital
101. Universal FX
102. Valbury Capital Limited
103. Vantage FX
104. Wall Street Brokers
105. Windsor Brokers
106. XE Markets
107. xForex
108. You Trade FX

If you find some important brokers, whose name should be included in this list, please feel free to write to me. I will add the name immediately.

The following articles can be helpful to you :-
Earn money online with FOREX
Forex Facts

If this blog article helps the readers in any way, my endeavor will be a success. Please comment on the article below.

FOREX facts

FOREX TRADING

To start an online money making business of Forex trading you must know certain facts. I have already explained the outline and concept of this online business - i.e., what is FOREX, what is Forex trading, what is Forex market and how online Forex trading is done, in my earlier blog post.

As already explained, Forex trading has some similarity with stock trading business. But, online Forex trading has some unique difference.

The most important facts about Forex Trading are as follows

1. Forex market timing - Unlike the stock market, Forex market is open 24 hours a day, for five days a week. The reason behind this is, Forex trading  business is done globally. Forex traders deal globally with foreign currencies of different countries of different time zones, while stock trading is done through stock exchange of different countries. While Forex market reaches its closing time in US, it opens up in many different countries, except on weekends. So, for Forex traders it is an advantage, since they can perform the business at any time of their convenience, day or night.
2. Tracking profit opportunities - In stock trading, you will have to keep track of thousands of companies for buying and selling shares to make a profit. But in Forex trading, a trader will have to keep track of the prices of leading currencies of the world. The leading currencies are US Dollars (USD), Euro (EUR), Japanese Yen (JPY), Canadian Dollar (CAD), British Pound (GBP), Swiss Franc (CHD), New Zealand Dollar (NZD) and Australian Dollar (AUD). There are other currencies which are also traded, but most of the trading is done with the said currencies.
3. Documentation - Unlike stock trading, in Forex trade there is no physical documents such as share certificates or demat form. Your buying and selling status is maintained by the trading system.
4. Buy / Sell in pairs - In Forex trading you will have to buy and sell currencies in pairs. The fact is, when you buy a currency (say, USD), it is exchanged with another (say, JPY). This entity is known as a pair. 
5. Investments - The investment can be very low in Forex trading business compared to stock trading. You can start with a minimal investment of $50, to start your Forex business, since you will have the advantage of leveraging. Leverage (margin trading) will expose you to buy and sell currencies worth much more the actual amount of your investment.
6. Volume of Forex trade - The volume of Forex trade is very high. Even a small variation of 0.0001 in the traded currency can make a significant return on your investment. For this reason buying and disposal becomes easier for the traders.
7. Forex - A volatile market - Currency exchange is a very highly volatile market. A Forex trader should study the trend of price change of currencies. Pure speculation and guess work may lead to very high losses. Long years of comprehensive study and experience by a Forex trader, will ensure consistent profits.
8. Account Opening Fee - Usually, there is no account opening fee or brokerage charges. The Forex company keeps a commission for themselves.
9. Risks Involved - Forex trade is a speculative trade. Hence, there is a lot of risks involved in it. Economies, foreign policies, and political changes in different countries influences the business of Forex trading. For this reason, traders tend to invest in short terms.
10. Manipulation - The Forex market cannot be manipulated, since it is operated throughout the world, unlike the stock market where traders and insiders can manipulate it. 
11. Short Term Investments - Usually, the investments for Forex trade are short termed. Majority of the Forex deals are done on a day to day basis and some are done within a few weeks after the currencies are bought. Whereas stocks are held for months and years. Due to the volatility of the Forex market, traders usually close a deal within a very short period of time.
12. Forex trading software's - The advancement of technology has given the Forex traders the power of using modern software's, which handles all the Forex trade for them. There are many software's available in the net. But before buying them be aware, that not all the software's perform as  advertised.
13. Practicing the Forex trade on a Demo account - Before jumping into the trade you should practice the trade on a demo account available with the online Forex trading companies.  
14. Capping your transaction limits - In online Forex trading you can minimize your loss in trade by setting your 'stop loss' and 'take profit' elements. It is an automatic system where your transactions stops when the price of a currency reaches or falls a certain limit. This is an advantage for online Forex trading.
15. Forex trade is good during economic crisis - When the economy of a certain country faces a crisis, the business of the country as a whole suffers. But the Forex traders will not be hit by the economic crisis of their country, since they are dealing with the global market.
16. Online Forex Brokers - In order to start an online Forex trading business, you have got to open an account with a Forex broker company. That will be your 'Forex Trading Platform'. You can find a lot of these companies by searching Google. Be careful while choosing a company - read and compare the terms and conditions and consider the pros and cons before the sign up process. After you sign up, you will have to add money to your Forex trading account to start trading. The practice account should be available before adding money to your real account. Please do practice on the practice account and do all your homework before starting the actual business.
17. Forex trading and online money transfers - The transfer of money to your account will be through Paypal, Credit Cards, Wire transfers etc. Check with your Forex trading broker on this matter, even before you join.
18. Legality of Forex trading in different countries - There are different laws on Forex trading in different countries. The laws are not the same for all counties and it varies from country to country. You should check the prevailing laws on Forex of your country.

In my next blog I will write more on FOREX. Hope this article was informative.

Please leave a comment on this blog below.

Read my other articles for more

Earn Money Online with FOREX

Earn Money online with FOREX

Earning from FOREX

In this blog post, I will discuss another way of making money through the internet. I will explain, how to earn money with FOREX. Online currency trading is one of the most popular modes of earning money online. It is also the quickest and most profitable. You may have heard about currency trading and may have noticed offices and shops in your locality, trading in foreign currencies. Yes, it is the same business which can be done online. The basic principles of physical currency trading and online currency trading are the same. But, in online currency trading business there are many unique things that are to be learnt.

What is FOREX ?
The word FOREX is derived from the two words - FOReign and EXchange. This business is also called 'currency trading' business.

How is FOREX trading business done ?

In a FOREX trading business, a person buys foreign currency at a low price and sells it when the price of the currency increases to make a profit. The principle of this business is settlement of speculative investments and transactions. It is somewhat similar to stock market, but there are many unique differences.

What is the size of the FOREX market ?

FOREX is international trading business and the FOREX market is considered as the worlds biggest financial market. The daily volume of transaction crosses over US$ 7 trillion dollars. Online FOREX trading has become popular nowadays, and more and more people are joining this business to earn handsome profits in the shortest time possible.

Who can do FOREX trading business online ?

Any person above the age of eighteen, and who understands the rules and tricks of the trade can do this business from home, online. The person should also be aware about the laws (pertaining to FOREX) of the country in which he / she resides.

How much investment is required for FOREX trading business ?

The first step of earning money online from FOREX trading business, is to sign up with a reliable FOREX broker. Online FOREX trading doesn't require big investments. You can start with a small investment of a few dollars while opening your account with the FOREX broker. As in all business, the profit margin will be directly proportional to the money invested. But, you can get support from your broker in the form of leverage, to increase your profits. As soon as you open an account with your FOREX broker, the leverage becomes available to you. A leverage of 100:1 will mean that your investment will be multiplied 100 times, to enable you to transact with 100 times more money that you have invested.

In this kind of online FOREX trading, you can minimize the risk of losing money by setting up a mark for transacting, wherein transactions will automatically be stopped when price reaches a certain level all falls below a certain level.

Trading in FOREX is highly speculative, and there are the risks of loss. So an investor in this business must ensure that he fully understands the risks involved.

So, if you want to earn money online from FOREX trading, sign up with a FOREX broker and start earning.

I will explain many other aspects of 'earning online by FOREX trading', in my future blog posts.

If you find this blog article helpful please let me know.
Please leave a comment on this article below.