top 10 forex trading site

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top 10 forex trading site

Published on Tuesday, 23 August 2011 in top 10 forex trading site

The foreign exchange market (forex, FX, or currency market) is a global, worldwide decentralized financial market for trading currencies. Financial centers around the world function as anchors of trading between a wide range of different types of buyers and sellers around the clock, with the exception of weekends. The foreign exchange market determines the relative values of different currencies.^[1]
The primary purpose of the foreign exchange is to assist international trade and investment, by allowing businesses to convert one currency to another currency. For example, it permits a US business to import British goods and pay Pound Sterling, even though the business' income is in US dollars. It also supports direct speculation in the value of currencies, and the carry trade, speculation on the change in interest rates in two currencies.^[2]
In a typical foreign exchange transaction, a party purchases a quantity of one currency by paying a quantity of another currency. The modern foreign exchange market began forming during the 1970s after three decades of government restrictions on foreign exchange transactions (the Bretton Woods system of monetary management established the rules for commercial and financial relations among the world's major industrial states after World War II), when countries gradually switched to floating exchange rates from the previous exchange rate regime, which remained fixed as per the Bretton Woods system.
The foreign exchange market is unique because of

its huge trading volume representing the largest asset class in the world leading to high liquidity;
its geographical dispersion;
its continuous operation: 24 hours a day except weekends, i.e. trading from 20:15 GMT on Sunday until 22:00 GMT Friday;
the variety of factors that affect exchange rates;
the low margins of relative profit compared with other markets of fixed income; and
the use of leverage to enhance profit and loss margins and with respect to account size.

As such, it has been referred to as the market closest to the ideal of perfect competition, notwithstanding currency intervention by central banks. According to the Bank for International Settlements,^[3] as of April 2010, average daily turnover in global foreign exchange markets is estimated at $3.98 trillion, a growth of approximately 20% over the $3.21 trillion daily volume as of April 2007. Some firms specializing on foreign exchange market had put the average daily turnover in excess of US$4 trillion.^[4]
The $3.98 trillion break-down is as follows:

$1.490 trillion in spot transactions
$475 billion in outright forwards
$1.765 trillion in foreign exchange swaps
$43 billion Currency swaps
$207 billion in options and other products

www.mataf.net

(Points : 17130371)

Description:

3333

Url: http://www.mataf.net

Rate And Review This Site

Average Rating: 3 / 5
Number of Ratings: 15

Reviews

#	Date
1	25, Oct 2009 17:35
very nice
2	23, Feb 2009 07:44
for trading tools and forecast
3	12, Apr 2010 12:22
The correlation table is awesome.
4	09, Apr 2008 10:44
Good analysis
5	02, Aug 2010 10:03
Help me every day

eToro

(Points : 14437534)

Description:

eToro is a cutting edge financial trading platform that brings you the first truly user friendly interface.

Url: http://www.etoro.com

Rate And Review This Site

Average Rating: 3 / 5
Number of Ratings: 5

Reviews

#	Date
1	27, Aug 2009 16:38
superb site . the software is aloso nice
2	16, Jul 2010 16:41
Very user friendly.

www.forexfactory.com

(Points : 5373075)

Description:

Forex forum

Url: http://www.forexfactory.com

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Average Rating: 3 / 5
Number of Ratings: 8

Reviews

#	Date
1	27, Nov 2010 06:33
Contains any area of forex trading that one could wish for. Especially good forums. One in particular that is very popular is "Trade What You See - Almost Naked Trading". I have made 100s of pips with this system.

www.forex.com

(Points : 3706802)

Description:

FOREX.com - THE site for forex trading. 24hr commission-free currency trading w/ real time execution and guaranteed fills. Forex mini accounts from $250, control up to 200:1 leverage. Free forex charts & quotes; forex training. Registered FCM.

Url: http://www.forex.com

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Average Rating: 3 / 5
Number of Ratings: 11

Reviews

#	Date
1	19, Jan 2007 19:10
TRAILING STOPS! FOREX.com have set a high standard with this feature in our opinion. Let�s look at it in further detail: the trailing stop can only be entered as a separate order, unfortunately you cannot attach it to an entry stop or limit order.

www.oanda.com

(Points : 2260249)

Description:

OANDA.com, The currency site provides currency and foreign exchange rates to investors travelers and online businesses.

Url: http://www.oanda.com

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Average Rating: 3 / 5
Number of Ratings: 16

Reviews

#	Date
1	19, Jan 2007 19:06
FxAnalysis lets you graph historical and relative rates of 164 different currencies going back to 1990.

www.fxstreet.com

(Points : 2218201)

Description:

forex portal offers real time foreign exchange rates, forex news, currency market overview, forex trading recommendations, technical analysis and currency forecasts, foreign exchange charts, currency converter, brokers

Url: http://www.fxstreet.com

Rate And Review This Site

Average Rating: 4 / 5
Number of Ratings: 14

Reviews

#	Date
1	17, Apr 2007 08:17
Very good information portal
2	13, May 2009 14:34
Very GOOD !!! Only problem is that too popular ! Can??t get on sites anymore ? Cannot find "http://www.fxstreet.com/rates-charts/live-chart
3	10, Apr 2009 20:26
probably the best
4	03, May 2007 13:38
the best web site in FX

100 Pips - 600 Pips Daily!

(Points : 2101225)

Description:

How to earned 100 pips to 600 pips Daily or even Sero lost from forex trading? It's so easy to use and so powerfull ..

Url: http://www.ekosignal.com

Rate And Review This Site

Average Rating: 3 / 5
Number of Ratings: 6

Reviews

#	Date
1	29, Dec 2008 12:13
FUCK FOREX SIGNALS, Be carefull, this site is scamer !!!!
2	09, Dec 2009 21:32
I like this ekosignal.com because since November 2009 he always show his performance everyday on his real account (not a demo) so in my opinion, this website is not a scam at all.
3	09, Dec 2009 21:25
I wonder, how this ekosignal.com always got bigger profits rather than lost (or even zero lost), every single day, every traded!! The price is too expensive but the performance : so smart.