The FX market is widely popular and is currently one of the most commonly used financial markets in the world, with around 4 trillion US dollars being traded every single day. The global popularity of FX revolves around the fact that anybody can trade with it. However, in order to begin trading, foreign exchange brokers are necessary so traders can open accounts.
With FX trading increasing rapidly due to its vast accessibility, everyday people have started to search far and wide for reputable and trustworthy FX brokers. If you’re about to begin your exciting forex trading journey, it’s important you choose your FX broker wisely. Take time to compare FX brokers and look for these important qualities.
Regulations & Security
This is the absolute first thing you should identify in an FX broker before you make the decision to trade with them. In Australia, an FX broker must be registered … Read the rest