My Forex Experience

Currently the site is showing a 403 error (Forbidden Access is Denied) Sept/Oct 2011 Possibly this is due to my location when trying to access the site.

MF Global Markets is a leading provider of financial services and online trading solutions, offering individuals and institutions, the ability to trade the following products: Forex Futures Options Contracts for Difference

IG Markets is part of the IG Group, a UK FTSE 250 company with offices in Melbourne, London, Paris, Singapore, Chicago, Madrid, Luxembourg, Dusseldorf, Netherlands, Johannesburg, Lisbon, Milan, Tokyo, Stockholm, and Beijing. IG Group companies have over 130,000 clients worldwide making more than 5 million transactions a month, with over 99% of them online. IG Markets specializes in financial derivatives, principally Contracts for Difference (CFDs), delivering exceptional customer service alongside innovative trading technology. Clients include brokers, fund managers and trading companies, as well as private investors.

Since 1989 CMC Markets has been at the forefront of trading innovation and their stated mission is to be the world’s leading online financial services business. The staff at CMC Markets are both knowledgeable and passionate, and they have a corporate culture that champions not just innovation but also personal responsibility. They are always working to deliver exceptional service to their customers. Technology is a key component of the vision and it serves to meet the commitment to provide the best trading experience. Customers demand fast order execution, precision pricing, and access to the most liquid markets, and CMC Markets tries their best to provide all of this, and more. They listen to customers to ensure that they deliver what is needed and required for more efficient and successful trading. Tighter spreads, enhanced risk management, bigger and better charting tools, customizable margins and many other powerful features all make the next generation trading platform what it has evolved into.

The main unique feature of the IFC Markets Group is the ability to trade with a new generation trading platform called NetTradeX from the NetTradeX company. IFC Markets sees its main goal as providing its customers with standards and services of the highest level which can be quantified as follows: Trading directly from your chart, regardless of the trading amount, instant execution, low spreads, no commission, online account opening within several minutes from anywhere in the World, 24 hour technical support.

MFN is another forex broker website where it was difficult for me to find detailed information about the company, trade specifications, even the trading platform itself. Certainly I could have downloaded the platform to try it, but you would think that at least some screenshots of the platform and features would be included on the company site. In fact, they do have a page which is supposedly dedicated to platform information, but in fact there is no information on the page. There are so many forex brokers out there to choose from, why would you trade with a company that cannot manage to post detailed and transparent information about itself, its products and services?

iFOREX is an international grouping of Forex companies started in 1996 by a group of forex dealers and bankers to provide access to the currency markets. In 2004, with an existing client base of thousands of traders, the multilingual internet-based trading platform FXNet Trader was launched. Since that time, iFOREX has increased its number of customers to tens of thousands, and currently generates trading volume of hundreds of billions annually. At present, iFOREX employs hundreds of staff in offices located in the major financial centers around the world including Barcelona, Frankfurt, Moscow, Bucharest, Budapest and Athens. iFOREX provides currency traders the choice of two user-friendly online trading platforms (web based and a downloadable trading station), constantly updated financial news and 24-hour support during trading days. Clients of iFOREX are thus able to conduct trades whenever they choose, using the system most suited to them while receiving instant professional support when needed.

The International Financial Holding FIBO Group is a group of companies that utilize the latest innovations and cutting edge technologies for internet trading in most of the world’s financial markets and asset management fields. They claim to be one of the largest players in the Forex and CFD markets in the world. Internet trading in the Forex market is the main business area of the company. They gladly share their expertise and the technologies they use with their customers. Additionally, you will be able to trade in the CFD (Contracts for Difference) market. Customers are offered MetaTrader 4, one of the best internet trading programs currently available.

FXDD‘s business model is to provide interbank market maker prices to our clients. This business model allows clients to take the trading risks while FXDD concentrates on facilitating their trades at the best possible prices. It allows them to avoid the conflict of interest where some firms may put their trading P/L ahead of their clients. Instead they look to foster a team oriented relationship – clearly separating execution from trading.

ActivTrades offers a broad range of trading products. With the powerful, highly respected and widely popular MetaTrader 4 platform you have the ability to trade over 40 currency pairs in the Forex market plus gold, silver, oil, indices and other commodities. ActivTrades also offers Direct Market Access (DMA) to the world’s major futures exchanges with your choice of several market leading platforms including Ninja Trader, Pro-Mark, J-Trader and Strategy Runner. Forex trading is extremely competitive and precise with 5 digit pricing, spreads from just 1.6 pips for the EUR/USD and high maximum leverage available at 1:400. Money management can be carefully controlled by trading Minilots and Microlots, this means your risk is exclusively under your control. Our trading execution systems are fully automated, this means No Dealing Desk and hence no human intervention to your trading and better execution of your trades. Futures accounts for both private and institutional investors take advantage of low commissions, but still maintain high levels of customer service. Reduced intraday margins allow traders to exercise their preferred strategies and maximize their trading potential.