Monday, October 19, 2009

Forex account types

There are many dealers with online access to be found on the world wide web, both legal and illegal. Many offer the same services and access to the market, but their policies and procedures might differ. Therefore, every trader must chose his type carefully.

Beginners need to be very careful, as the market allows a lot of trading services, which are not suitable for beginners, to operate on the market.

Different levels of the Forex market are represented by each type of broker, ranging from a high level with direct access to a lower level with little or no access to the market at all. We will cover the different types of brokers below.

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