FX Strategy can offer you a comprehensive online FX trading system, combined with strategy, advice and forums.
| Recommended Forex Brokers |
Supported Platforms |
Payment Methods |
Min Deposit |
Max Bonus |
Spread (PIPs) |
24 Hour Support |
Forex Contests |
|
|---|---|---|---|---|---|---|---|---|
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Etoro | Diners Club, JCB, MasterCard, Moneybookers, Neteller, PayPal, VISA | $50 | $1,000 | 2-5 | Yes | Yes | Read Review Start Trading |
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Market Java Trader, Market WebTrader, MarketTrader, Meta Trader 4 (MT4) | Diners Club, JCB, MasterCard, Moneybookers, Neteller, PayPal, VISA | $100 | $2,000 | 2.2-5 | Yes | - | Read Review Start Trading |
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AVA Trader, Meta Trader 4 (MT4), Zulutrade | Diners Club, JCB, MasterCard, Moneybookers, Neteller, PayPal, VISA | $100 | $1,200 | 3-10 | Yes | Yes | Read Review Start Trading |
The main reason for the popularity of Online FX Trading amongst retail traders like yourself is that it offers great opportunities for traders who are still stuck in a full time job. Because the FX market is continuously trading, you can build up your trading skills at your own leisure. Put simply you can work and also do some trading part time. Once you have reached a level where you are sufficiently skilled and have confidence then you can quit the rat race and become a full time professional trader like many others have.
The great thing about online FX trading is that you can make profits in both, rising and falling markets any time that suits your lifestyle. The FX market is highly liquid, which makes it easier for traders to trade in and out of big positions and because the forex market is not highly regulated most trading platforms offer high leverage opportunity, meaning that a trader can open an account with as little as $1000 to start their trading career and use that $1000 to open positions up to $300,000 if they so desire (300x leverage). Although we do not recommend such high leverage, particularly if you are a beginner, small leverage amounts are also common.
Online FX trading also allows you to respond to any major events occurring in the world that move the financial markets. You can trade immediately and don’t need to wait for the next day like you do with the stock market or other financial instruments.
In FX trading there are no commission costs/brokerage that are common in trading stocks or options. FX trading platforms make their money on what is known as the spread and because of the popularity of FX, forex brokers can now offer minimal spreads which has resulted in significantly reduced your transaction costs compared to other forms of investment.
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