Online Forex Broker
Ancient pre-Internet traders using the old communication models for each transaction to the broker. Namely with the phone, but now this has been advanced age (no internet) traders can directly be real time in forex trading. With the advanced application specific (metatrader) trader can do monitor the price, order execution is much faster and in real time. In addition traders are also equipped with a variety of tools for analysis, access to news, chat / discussion, etc.
With the support of the Internet connection that is getting faster, then practically almost all brokers in the world should facilitate online trading so as not to be left tradernya and not outdated.
With online forex trading, it is easy for traders very much. Besides can be done anywhere, it can also be done anytime trader wants.
Regulatory, and legality Forex Broker
The problem that then arises is how to choose a forex broker diatara the hundreds of online forex brokers. When used still little we certainly would not want to choose a broker that there are, but not right now. Surely brokers are certainly some good and some bad. There are professionals who work there who take funds from their own clients. This thing we need to understand that we are not wrong in choosing a broker. So we need to be careful and do not easily tempted by the bonus / promotions that are offered by many online forex brokers on the internet.
One that can help us see the broker is to find out info about regulation / regulator which is followed by the broker. Brokers who regulated means he must follow the principles and rules that are on the regulator which he attended.
Regulators generally is the agency / official financial institution under the government of a country. The better the regulator is the rule that is followed by the broker will be intense. Brokers can not operate with standards inconsequential, or permit its operation can be revoked and sanctioned by the regulator.
Surely we should also know that good regulators in which country? including: NFA (USA), FSA (UK), FSC (Mauritius), and many more.
Diverse Type Broker
Traders generally do not care, and it is impossible to know exactly how to manage each transaction broker who come in from clients. We can only them alone. Brokers who do not clearly regulated and offer tantalizing spread and bonuses tend to get into the type of city where every transaction will be countered solely by the broker. Now with a broker like this there is a danger, because there is the possibility of losing the broker, and eventually went bankrupt. You should select the type of STP broker / Non Dealing, where each transaction will be forwarded to the bank or broker that is greater.