My Forex Experience

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.

GCI Financial is a commodities, forex and securities trading firm, with a specialization in online Foreign Exchange brokerage. In addition to forex, GCI is a primary market maker in Contracts for Difference (CFD) on indices, futures and shares, and provides one of the fastest growing online CFD trading services. GCI Financial includes over 10,000 investors as clients worldwide, including individual traders, money managers, and institutions. GCI Financial provides their clients with a secure, advanced, and comprehensive online trading system. All client funds are insured and held in a separate customer account. In addition, GCI Financial maintains Net Capital in excess of most minimum regulatory requirements. Becoming a GCI Financial client means dealing with one of the most established and well-recognized trading firms in the industry. GCI was founded in 2002 and was one of the pioneers in online currency and CFD trading. Customer funds are segregated and insured, and dealing practices are maintained to the highest standards.

Forex Metal has been an online forex broker since 2007 and is registered in Panama with headquarters located in Belize. Their website is very functional and user friendly, it’s easy to find all the information you need there and see if this broker might be right for you. They offer the Metatrader 4 platform for trading and accept a HUGE number of payment processors (although Paypal is conspicuously missing) for deposits and withdrawals. In addition, they have no required minimum deposit to open an account and provide the highest leverage available to turbo charge your trading. Spreads are reasonable and you can also trade oil, metals and CFD’s with the same account you trade currencies through. Basic training is available through the broker and they provide updated trading news as well, even through your mobile device if you choose.

Exto Capital has developed a trading environment where clients have access to the most sophisticated trading platforms, real time financial data and transparent trading conditions. Its commitment to providing broad based and innovative trading technology, deep liquidity, fair dealing practices, and top tier customer service recommends Exto Capital as a good partner for serious currency trading. Its secure trading environment and excellent trading conditions have made Exto Capital a top choice of many institutions and hedge funds. Exto Capital is dedicated to the best standards of integrity, security and customer capital safety as a key driver for all their activities. Customer funds are held in separate Customer Funds bank accounts. Funds are withdrawn from these accounts only as a direct result of customers’ trading activities or customers’ requests for withdrawal.

Nord Markets provides foreign exchange services to both retail and institutional clients through the electronic trading platforms MetaTrader 4, Currenex and FXDesk PRO. Their mission is to provide every client with cutting edge technology, quick execution, excellent customer service and security of funds. NordMarkets.com is the online forex brokerage name of Nord Global AB, a finance and technology company based in Stockholm, Sweden.

FXT Swiss has been online for 3 years so they must be doing something right. I personally found their website to be very scant in information about the company, its products and services and the trading regulations and execution. This doesn’t say the company isn’t legitimate, but with over 200 online forex brokers to choose from I don’t want to be bothered with a company that isn’t completely detailed in their offerings right up front. Other online brokers can give you all the details you need to make a decision and that’s what I expect in this day and age. Plus they don’t accept U.S. citizens as customers and I am a U.S. citizen.

Apex FX Trading is part of a global business group who provide trading in the currency and derivatives markets. With Apex FX Trading, both retail and institutional traders have the knowledge they are trading with a market maker committed to providing transparent pricing and the best trade executions possible. With more than 40 years of combined financial market experience, the shareholders, directors and executives of Apex FX Trading offers expertise in both leveraged foreign exchange products and Contracts for Difference. This depth of experience, along with the demonstrated skill to successfully manage a 24×6 business with solid risk management, instills in our clients a high level of confidence.

Since its inception, Forex Yard has harnessed the experience and knowledge of professional forex traders, as well as specialists in the financial and internet sectors in order to successfully establish itself as one of the top level online brokerages operating in the currency markets. They offer a secure, dynamic trading platform which allows for superior order execution, advanced reporting and top analytical tools, yet remains intuitive and user-friendly. Forex Yard caters to a broad range of investors from around the world and they place equal importance on both first time traders and experienced professionals. They firmly believe in the value of building a relationship with every client, so that they can better understand and serve their needs. Forex Yard has put forth every effort to ensure that all account processes not directly related to trading, such as deposits and withdrawals, are transacted with the greatest of ease and transparency, allowing you to focus on the task at hand: trading successfully!

Arab Financial Brokers (AFB) is a closed shareholding corporation registered under Kuwait commercial law and was instituted to address the growing number of futures and currency trading requirements in the Middle East and to cater to clients who are investing heavily in the futures and spot forex markets. Arab Financial Brokers management team also created AFB to bring integrity in products and customer service to forex clients. AFB’s founding principals were geared towards initiating the best technological infrastructure and to give traders access to the most advanced forex trading platform while delivering the best possible customer service. The management team identified the need to develop a regional trading platform that would grow a niche market geared toward individual forex investors, traders and speculators. AFB’s management team began a new generation of brokerage firms that address customers needs for speed, accuracy and accountability to have success in currency trading. Simultaneously AFB leveraged relationships with strategic alliances and experienced forex professionals to create a team of experts serving their customers in the Middle East, Gulf Region and countries worldwide.