Basics of a Forex Trading Account

Choosing Forex BrokersStart Trading in the Foreign Exchange Market

 

Choosing the right Forex broker is extremely important. There are five key factors that every trader should know before opening a Forex trading account:

(1) Suitability of a trading account

(2) Cost of Trading

(3) Margin Policy & Rollover Rates

(4) Execution Efficiency

(5) Safety of Trading Funds & Compensation in case of insolvency

In the following analysis, each of the above 5 factors is divided into several sub-factors.