Wednesday, November 26, 2008

Ten Forex Brokers To Change Your Stars

By Rod Soto

There are several different trading markets available to customers. The hardest to master without the proper resource is the currency exchange market. With the proper resources at your disposal this market is easy to handle and can make you a profit. Sitting back and watching as you get destroyed by the market is not helpful you must be active.

This market is complex with the unlimited access of all countries that participate in the trade market. From all over the world skilled traders enter this market and make huge profits. The best thing to keep in mind when playing in the forex market is that you have alot of money; money that needs to be protected in order to make a profit from it. To make a profit and keep the money safe you must be strategic in your actions.

Broking agencies are used more in the forex trading market than any other because of the markets volatile nature. Some forex brokers have over one hundred thousand clients that live in various parts of the world. These clients compete amongst each other offering better facilities for their customer base.

Depending upon their performance and customer satisfaction index, these agencies are given rankings on regular basis; it is a prestigious issue to every broker to get top ten forex broker ranking continuously. They will not leave any stone unturned to get a place in a list of top ten or top hundred, depending upon the size of their agency.

Most of these forex broker are striving to improve their customer satisfaction index so as to maintain a healthy ranking. Since broker ranking is an indication of their popularity among the traders, broking agencies will try their best to safeguard the interest of their customers. As the ranking is given on the overall performance an individual broking agency, they cannot neglect any aspect of their activity.

One can see many broking agencies that are appearing and disappearing like rainy season mushrooms. It is a difficult task to select a suitable one which can guide us to success continuously. Most of the new investors are getting fooled by the lucrative offers made by them. In such confusing atmosphere one can relay on those reputed brokers who are on the list of top brokers.

Among the brokers who are listed continuously on the top ten, FXCM holdings is holding company is one of the largest forex dealer with a proven track record of success in financial services. They are specialized in the field of online trading services for their retail as well as institutional speculators in foreign exchange market. Here is a latest list of top ten brokers: 1.FXCM 2.Interactive Brokers 3.MG Forex 4.Alpari-idc 5.Hot Spot FX 6.MB Trading 7.WestCapFx 8.Dukascopy 9.Oanda 10.eToro

Acquiring a position in the top list and sustaining it for a long period is not an easy task for any broker keeping in mind the tough completion prevailing among them. It can be achieved only by those brokers who give their best on all fronts. FXCM holdings realized the importance of excellence in all fields. - 16003

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