Saturday, October 1, 2011

Forex Brookers Review of fxopen and ecn brokers

A broker is an agent who executes the orders to buy and sell currencies and related instruments either for a spread or a commission. In forex, brokers act as intermediaries between banks bringing buyers and sellers together for a commission paid by the initiator or by both parties FXOpen has been rated as one of the best forex brokers since opening 2005, It uses the MetaTrader 4 software,an ECN Forex broker, Traders contests and competitions, Bonus for real trader account opening, What more can you ask for ?
Also allows investing via Percentage
Allocation Management Modul.


FXOpen
• Minimum account size: $1
• Minimum lot size: 0.001 lot
• Spreads: 2 pips on EUR/USD
• Payment options: Liberty Reserve, Web Money, CashU, E-Bullion, e-gold and wire transfer.

  ECN broker
ECN broker is a great forex broker with regulated broker with low minimum account and high leverage (1:400) with additional trading services (stocks and futures).
ECN broker is from Austria and was established in 2004.

• Minimum account size: $200
• Minimum lot size: 0.1 lot
• Spreads: 3 pips on EUR/USD
• Payment options: Bank wire

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