2012-04-02

Steps in forex

Sept2: Consult a trusted broker. You need to trade through a broker who will not deal against your trades with human dealers or electronically. Most retail Forex brokers take the other side of your trade because they are the market makers. The forex market has gotten big enough and regulations have gotten tight enough that most brokers are playing by the rules. You can search the US Government's website to determine if your potential broker is playing by the rules. Visit www.nfa.futures.org/basicnet/ and enter the name of your broker, you can find out all types of details on their business practices.

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