Recommended Forex Brokerages

Just as there is no "Holy Grail" of trading systems, there is no perfect forex brokerage.

Each brokerage has it's own strengths and weaknesses, and it's up to the individual trader to decide which features is most important for them.

 

1.  http://www.cms-forex.com

If you're interested in Automated Trading Systems, then CMS-forex is the brokerage of our choice.  They have the best free charting package with the most sophisticated technical indicators and you can trade right off the charts.  You can open a live trading account for only $200.

 

2.  http://www.fxdd.com
 

FXDD is a very easy trading platform to learn and use and features the MetaTrader 4.0 trading platform that you can download for free. 

 

3 http://www.gft.com

GFT is a very good solid trading platform, it features a Kagi indicator that is very interesting, but the trading platform is a little more difficult to master and you need $2500 to open a live trading account.  You can also trade right off the chart, a great feature.

 

4.  http://www.ac-markets.com

If you're looking for trading platform stability during major news releases, then try ACM.  However, to open a live trading account you need $5,000.

 

5.  http://www.BackBayFX.com

BBFX is an IB for ODL Securities.  I use BBFX as my IB because they provide special platform features that no other ODL client gets.  Please visit my personal website to read about the platform features and to get a download link.  Of all the brokerage platforms, this is the one I most highly recommend.


           

ADDITIONAL DISCLAIMER: The information on this site is for trading education only. There are no trading recommendations for any one individual made on this site and this information is for paper trades and for trading education only. All forms of trading are extremely risky and only risk capital should be used.

U.S. Government Required Disclaimer - Commodity Futures Trading Commission Futures and Options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.

CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN. No stock, futures, commodity, forex, or bond trading system can guarantee profits. The risk of loss exists in stock, futures, commodity, forex and bond trading.

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