Posted on 15 April 2010
Most Forex Traders are not aware that they can cut their Forex Trading costs by getting a cashback.
This is done through so called “Forex trade rebates” or “trading rebates”.
In a previous post i ‘ve already explained, how these trade rebates work. You can read the details here.
Today i’m going to show you how to get the best Forex Trading rebates
Tags: broker comparison, cashback, foex broker rebates, Forex trading rebates, rebates, trade rebate calculator, trade rebates, trade rebates comparison
Posted on 17 March 2009
The Forex broker always earns whenever you trade. If he takes no commission, then it’s the bid-ask-spread of every trade you take he makes money on. When setting profit targets, you should regard the spread as cost of trading, which is reducing your profit potential. Another cost factor is the swap you might have to [...]
Tags: Ask, bid, bid-ask-spread, cashback, Forex Trader, forex trading cost, Forex trading rebates, forey trading, introducing broker, rebates, spred, trade rebates, trading cost
Posted on 08 March 2009
What makes a good Forex Broker? Here are 4 things to look for in a Forex Broker: 1. Tight spreads The pip spreads should be as low as possible. Why pay more when you don’t need to? Pay too much and that is subtracted from your profit and added to your loss hurting your bottom [...]
Tags: Forex Trading Platform, lot size, security, Spread, support
Posted on 08 March 2009
Like with modern urban legends, when it comes to Forex Brokers, a lot of people – even a lot of retail traders – believe in quite some Forex Broker myths. Time for a little demystification of 3 “popular” Forex Broker Myths 1. Forex Brokers Hunt Stops Absolutely not. They just don’t need to. Most forex [...]
Tags: Broker Myths, Day Trader, Forex Broker, Forex Broker Myths, Forex Brokers, Forex Trader, forex trading, Volatility
Posted on 18 February 2009
A common question asked by retail currency traders who are new to the forex trading business is that of the commission charged for trading. Whilst there are some Forex brokers that to charge a small commission on the trade, a common practice amongst the forex brokers is to charge what is known as the spread, [...]
Tags: Bid Price, Forex Broker, Futures Trading Commission, Pip
Posted on 02 February 2009
How to choose a good quality forex brokerAfter you are confident in the way you will go about trading the forex market, along with the money management rules you will implement, it might be time to find a good forex broker.There are many brokers out there to choose from so, it is worth while doing [...]
Tags: Amount Of Money, Basicnet, Commodity Futures Trading Commission Cftc, forex market, Management Rules, Trade Quality
Posted on 02 February 2009
What is a Forex broker and what do they do? Forex brokers are individuals or companies that assist individual traders and companies when they are trading in the Forex market. These individuals can really give you that extra edge you need in order to be successful in the Forex market. Although they will be trading [...]
Tags: account type, Forex Brokers, forex brokers 101, forex brokers for newbies, lot size, Money Management, Risk Management