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Advanced Forex Broker Search




You asked, we listened. New Advanced Broker Search is now live!
Our Robots will quickly find Forex brokers that meet your trading standards.

Search, customize, change, sort, compare – Broker CyberSearch can do it all!
Welcome to experience the Broker Search on a whole new level!

How to choose a Forex broker | 5 Practical Steps


There are two most common ways of choosing a Forex broker:

1) Simplified or "lazy way" — which is to read broker reviews, and based on stars and feedback make a choice.
There will be no guarantee, however, that a 5 star rated broker will be the best choice for your trading needs, or that the reviews you've read were actually genuine (unfortunately, that's the reality of online reviews submission).

2) Professional way — which is to do your own research while making reading reviews a part of that research.
We're going to describe the steps of making a professional choice:

CFTC proposal to cut Forex leverage to 10:1


Traders as well as US-based brokers are in a light shock as in mid January 2010 CFTC has proposed to cut the leverage in currency trading to 10:1.

The proposal hasn't become a rule yet, but already has spread with the lightning speed across the trading public in US and worldwide. CFTC proposal is to affect all NFA regulated brokers, who, should the rule pass, would be limited to offer 10:1 leverage on all Forex accounts.

The text of the official CFTC proposal can be read here: RIN 3038-AC61

As the news spread, the largest Forex brokers in US has felt a headache knowing what results it can bring.
They have formed a Forex Dealer Coalition (FXDC) to fight against the new 10:1 leverage proposal.

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