If you trade Fx regularly, or want to learn how to do so, there are many options qx broker. You’ll find a number of Foreign exchange brokers that offer similar services. How will you know who to choose?
If you are a Fx trader based in the USA, you’ll need to choose a different broker that is regulated and controlled by an appropriate governing body. You will have to select a Fx Broker that’s regulated both by the CFTC and NFA if you’re a Fx Trader based out of the United States. Because of the costs involved in registering with such agencies, only established Foreign exchange brokers register. If you reside outside of the United States you can – and you should – consider investing through a Fx broker who is brand new to the market.
Governmental bodies from outside the United States, such as the Monetary Expert services Authority (MFSA), register new and established Foreign exchange brokers. This ensures that all deposits are protected. Sunbird forex is an example of a new broker that has recently been expanded to include traders from around the globe. Sunbird Fx offers many benefits over an older broker. Sunbird Foreign Exchange offers excellent customer service by phone, email and chat. This new Currency trading broker, unlike larger brokers who are often swamped with inquiries and take enough time to respond to each question within a timely fashion.