1. Low Spreads

In Forex Trading the ‘spread’ is the difference between the buy and

sell price of any given currency pair. The lower the spread saves

the trader money. Most firms offer 4-5 pip spreads in the Major

Currency pairs. The best firms offer clients 3-5 pips.

2. Low minimum account openings

For those that are new to trading, and for those that don’t have

thousands of dollars in risk capital to trade, being able to open a

mini trading account with only $200 is a great feature for new

traders.

3. Instant automatic execution of your orders

This is very important when choosing a Forex firm. You want instant

execution of your orders and the price you see and ‘click’ is the price

that you should get. Don’t settle with a firm that re-quotes you when

you click on a price or a firm that allows for price ‘slippage’. This is

very important when trading for small profits.

4. Free charting and technical analysis

You need a firm that gives you access to the best charting and technical

analysis available to active traders. The firm that I recommend gives

clients FREE professional charting services and even allows traders to

trade directly on the charts!

5. High Leverage

You want high leverage—the ability to trade a large amount with a small

margin deposit. Some of the best firms offer .25% or 400:1 leverage.

6. Hedging Capability

You want the flexibility of opening positions on the same currency pair in

opposite directions without them eliminating each other and without

margin increase!

After a lot of research and personal experience, the firm that we recommend

with the above-mentioned benefits is Capital Markets Services LLC (CMS Forex LLC).  

 **CMS Forex    http://www.cms-forex.com

Open a free unlimited demo account and start practicing!