How u can choose a brokerage firm in Forex ?

The investors who trade in shares in the foreign exchange market must have a broker.

Broker: An individual or a company, who can buy and sell stocks according to the wishes of investors.
The brokers earn money by collecting commissions or fees in return for their services.
You should check that the brokerage firm was registered to Futures Commission (FCM) with the Commodity Futures Trading Commission (CFTC), and protection against fraud or abusive trade practices. It must also contract with a bank to provide funds for margin trading And you should be in the forex brokerage firm that guarantees you the right to perform actions on your part.Before you choose a brokerage firm to hold conversations with friends, work colleagues about the brokerage firms may get some good instructions, you may see that some people prefer to stay away from this topic and there is nothing like the word directly from the announcement.

If you are thinking of investing online, you can choose from several brokerage firms via the Internet and contact customer service to have. You can test the speed of response to your questions because this is a key element in the way that the company will provide the needs of its customers.

If the company does not achieve good response quick answer to your question, you certainly do not want to deal with it and can not be confident in your business. Because in some companies, the contract by the much better deal after the contract.

Before choosing an online brokerage firm must obtain a copy of the demo account over the Internet. Characteristics and knowledge of working with the company and what is the best program that you can rely on? Will provide automated trading?Are there additional features of the paid programs?

Before you set up an account with a Forex brokerage firm will need to do more research on the extent of the speed of implementation of these orders the company to purchase / sell orders of your own? What is their policy to work? What is the commission for deposit and withdrawal? What is the difference between the bid and asking price? What are the requirements for trading on a margin and how is it calculated? Do not change the currency traded on a margin or not? Can be treated the same way for small accounts and standard accounts?
Atnnssa to ask about minimum account balances and interest payments on account balances and make sure that your money will be insured.