Forex 2015 Review

By: ispeculatornew
Date posted: 01.13.2016 (9:28 pm) | Write a Comment  (0 Comments)

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Forex is the most popular global means of trading and the average daily market turnover is around £3.5 trillion ($5.3 trillion). Trading Forex markets Trading Forex Markets is a matter of simultaneously exchanging one global currency for another at an agreed price. Traders speculate on rising currencies and sell off currency already held. Successful Forex traders deal on the 24-hour Forex market by profitably speculating on floating currency rates.

Best Forex Brokers 2015

Some of the most highly rated Forex brokers for 2015 include:

 

  • com – a good platform for novice Forex traders, providing four trading platforms with an auto trading function which allows traders to follow top Forex traders. Demo accounts give options to trial Forex before making monetary deposits

 

  • Ava Trade – this is a high quality platform, with a very good reputation. Has great mobile and web platforms for customers and provides auto trading facilities

 

  • com – with no need for minimum deposits, this is a good platform for novice traders. Customers can begin trading with XM.com when they deposit as little as $5 to the site. Clients can access up to nine different platforms and live customer support means customer queries can be resolved immediately

 

  • eToro – this is a reliable broker, popular with novices and experts. The education center provides learning for novice traders, giving valuable insights into dealing

 

Other popular brokers for 2015 include ETX Capital, Plus 500, 24Option, Easy Forex, and YouTradeFX.

Mobile features are hot in 2016

One common feature of the best Forex brokers in the modern market is interactivity and ease of use with mobile devices. Traders are placing more reliance upon accessing services via mobile devices, so brokers who cannot produce a valuable customer experience on smaller screens stand to lose more and most custom.

 

Auto Trade becoming more popular

The abilities to simulate and follow deals conducted by the top-rated Forex dealers on auto trade is also an indication of popularity within the Forex broking market. Many of the top-rated brokers like CMC Markets give a welcome bonus to new clients, and offer continual promotions and prizes, this may encourage fluctuating levels of clientele, however one of the best features provided to any loyal customer is the opportunity to benefit from building a solid rapport with a personal account manager.

One additional factor to recognize is that while all eyes may be focused upon the Asian markets, the influence of the United States Federal Reserve was once again illustrated in December. By raising its benchmark interest rates for the first time since before the global economic crisis, it is quit clear that the western hemisphere still plays a critical role within worldwide finance. As some analysts feel that the dollar and the euro may reach parity in the months ahead, any CFD trades within the Forex markets could very well prove to be rewarding positions. It is wise to keep a close eye on such movements.

 

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