Historically, the currency markets have been the domain
of world banks and large firms. This vast financial
arena has only recently opened up to the individual
trader. Because of this, the foreign exchange markets
are still not regulated as strictly as the other
financial markets. Therefore, we recommend that you
consider opening a trading account with only
well-established Forex brokers. When evaluating brokers,
your most important criteria should be in the areas of
fund safety and reliable/efficient trade executions.
Also, we recommend that you spread your funds among
several brokers over time as your account grows. This
will limit your financial exposure in the event that one
or more of the firms experiences financial hardships.
These are not likely scenarios, but you should consider
them to ensure your financial well-being.
Please
Note: The following list is by no means comprehensive.
However, it constitutes what we consider to be some of
the most reputable sources we know of. Our inclusion of
these links on our website are provided as a
convenience, and should therefore not be interpreted or
inferred as an endorsement by PIPforia, LLC or its
affiliates.
