My Forex Experience

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.

Noble Trading provides access to trading services of the US equity, forex, futures and option markets to both individual traders and institutions alike. They aim to provide each customer with several necessary benefits to enhance their trading. These include the most competitive spreads and commissions, a trading platform that works well with their trading style, a trading atmosphere where each individual can realize profits and achieve wealth and finally the highest level of service and support whereby customers would recommend Noble Trading to their peers.

FXCM Micro provides access to the currency markets with as little capital as $50, making FXCM Micro a perfect account option for new traders. Micro accounts give you the flexibility and convenience of trading with small (1K) lots, competitive spreads and FXCM’s No Dealing Desk Forex execution. With a minimum deposit of $50 and access to small (1K lot) trades, FXCM Micro makes learning to trade in the forex market viable without taking large risks. Small trade sizes can help reduce risk by minimizing market exposure. In most cases, you can limit your cost per pip to about $0.10.

ATC Brokers is a U.S. based online brokerage firm providing access to online trading within the forex and futures markets to customers around the world. ATC Brokers opened its doors in 2005 and since then has been focused on providing new and emerging technologies within the currency and futures trading industry. They have continuously formed stronger relationships with their technology vendors to expand their reach in obtaining the latest technologies available in the forex industry.

ATG Marketplex has been conducting online forex business since 2005, offering direct ECN access to clients and investors around the world. I was surprised to see the extremely high minimum account requirements and the lack of information on their website. I suppose they only want serious dedicated forex professionals and by giving just barebones information on their website combined with the $25000 minimum they deflect most traders who find them.

Advanced Markets was created in 2006 and is a Futures Commission Merchant (FCM) and Foreign Exchange Dealer (FDM) member of the National Futures Association (NFA) and is registered with the Commodity Futures Trading Commission (CFTC). Advanced Markets LLC is headquartered in Charlotte, North Carolina, which is America’s 2nd largest banking center. Anthony Brocco is the CEO and he has been a part of the financial industry since 2001, the date Foreign Exchange currency trading was made available to individuals in the United States. Advanced Markets was formed when he saw the need for a forex firm that could deliver a transparent and conflict-free trading environment. Advanced Markets executes trades based on pricing straight from leading foreign exchange banks, not from a dealing desk. They do not take on any of the risk as they lay off all trade positions with the bank market makers at point of execution. Advanced Markets is a firm focused on giving clients what they desire and deserve; great pricing, great execution and great customer service.

WS Brokers is a securities, forex and commodities trading company; offering retail traders, corporations, money managers and hedge funds the gateway to a complete set of online financial trading services. The wide range of services and products offered by WS Brokers includes Forex, Futures, Metals and Energies, allowing for complete diversification and control for any trader’s investment portfolio. The WSB mission is to enable traders from around the globe to trade in the financial markets under equal conditions, similar to traders operating in traditionally closed financial centers or banking institutions. They strive to be the leaders in this field and to provide top notch services for all of their client investors. Their goal is to convert knowledge to the benefit of their clients, resulting in a real time awareness of the movements of financial markets to reach their best trading decisions. WS Brokers provides an advanced, secure, and comprehensive online trading system.

Citibank is one of the largest U.S. banks so I think your money is safe when trading with CitiFX Pro. Spreads are very competitive, execution is fast as you would expect and you can feel safe knowing you’re dealing with one of the largest financial institutions in the U.S. In addition, CitiFX is constantly striving to improve their services and client relations. In 2011 they won the award for Best Retail Platform from FX Week as well as winning Digital Markets Award for margin FX trading. CitiFX is possibly the most well known name in the forex market around the world. In a market with too many smaller and newer brokers that don’t have an established track record, clients have indicated they are interested in establishing a long-term relationship with a reputable bank that has offered top-level FX services to clients around the world for decades.

Forex Club provides individual traders, money managers, and financial institutions with several Forex trading solutions, forex training, analytical tools, and strong customer support. By understanding how and why currency valuations fluctuate, traders can try to predict future currency price action. Forex Club instructs its clients regarding the nature of Forex while also making the market accessible, transparent, and understandable. The lessons taught are universal and will work with any financial instrument or market. Forex Club, LLC (US) was founded in New York, New York in 2005. Since its beginnings, the company has done business under the regulation of both the CFTC and NFA. In 2010, Forex Club, LLC (US) was recognized as one of the fastest growing companies in the U.S. by Inc. 500 Magazine. According to Inc. 500, Forex Club, LLC was the fastest growing Forex broker in the U.S. in 2010. Forex Club was named the 6th fastest growing privately owned financial company in the U.S. and the 9th fastest growing company in New York City.

ICM Brokers is a firm specializing in online execution and clearing services of trades for individual and institutional investors. The business is operated according to industry best-practices and it strives to maintain the highest standards of governance, compliance and integrity. ICM Brokers has physical offices in New York, USA in addition to a customer service office in Dubai, UAE. ICM Brokers also has affiliated Introducing Broker offices in over twenty other countries around the world. To maintain security of clients’ funds, ICM Brokers holds all clients deposits with highly rated and secured banking institutions, including HSBC and Bank Audi. ICM Brokers also maintains a strong network of international banking counter parties for liquidity and coverage of clients’ exposure. ICM Brokers has developed relationships and links to exchanges and treasury departments of major banks so they can deliver accurate and competitive real-time prices. The technology inherent in ICM Brokers Trading Platform stabilizes the price feed and further narrows the fixed spreads to help clients improve their profitability.