81. The Role of the Retail Forex Broker

http://www.informedtrades.com/
A lesson on how the retail forex broker fits into the picture and gives individual traders of the foreign exchange, forex, or currency market access to a level of pricing that was not available before.

Category:

Howto & Style

Tags:

• forex
• forextrading
• currency
• trading
• fx
• daytrading
• day
• trade
• stockmarket
• investing
• finance
• money

[elpatxi22]

Hi David.I've a demo account at Interbank Fx.On the internet people say it's good because it's a MT4 broker,it has lower spreads & it's regulated, others say it's bad because it requotes and sometimes the server shutdown. Moreover pip spread increases when news are released.So before opening a real account I'm looking for a a MT4broker, lower spreads, regulated,good costumer service.What do you think about Interbank Fx?What kind of MT4 Forex broker could fill al this requirements?

Thanks,

[InformedTrades]

Hi elpatxi22, I don't personally trade using MT4 so I don't have any personal experience with them however the MT4 brokers that you here the most about are Interbankfx and FX Direct Dealer. Best Regards, Dave

[yosergeibell]

Hello David which broker do you recommend peronally?

[InformedTrades]

Hi Yosergeibell, Really depends on what you are looking to do. If you visit the InformedTrades site and slick on the search button in the top navigation bar and then search the tags for 'choosing a broker" this will return a post where I discuss some different options. Best Regards, Dave

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[advancedwarfighter07]

this video does not describe the role of the retail broker at all! Jesus, the Retail broker is designed to profit off of all traders whether a win or lose. There designed to squeeze as many pips out of each trade as possible and ensure the individual trader loses. FXCM is one of the most ruthless market makers known to man kind!