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How to choose the broker?

02 Jan 2011

can somebody give me tips how to choose the broker. So many offers on the market and one is better than another and I just don't know what is important. Many brokers offers good bonus to your deposit up to 50%.

  1,085 Views · 38 Replies ( Last reply by Phillip Greenberg )

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Hotforex.com - Market Analysis and News.

01 Sep 2014

Posted by HFblogNews in Forex Analysis
Date : 1st September 2014
 
EURUSD TRADING NEAR ITS FRIDAY’S CLOSE. GERMAN FINAL GDP CAME OUT AS EXPECTED.
 
EURUSD dropped sharply on Friday and closed at 1.3131. The Unemployment Rate in the Euro area remained at 11.5 percent in July. The Retail Sales in Germany fell 1.4 percent on a monthly basis in July. Data from the United States revealed that the Consumer Sentiment Index rose to a level of 82.5 in July marking its 7 year high level. The biggest surprise on the market was the Chicago Fed PMI which came out at a reading of 64.3 in August. Market had expected a rise to a reading of 56.0.
 
Data released today indicated that the German Final GDP data came out in line with the market expectations at a reading of -0.2 percent.
 
The US banks will be closed today due to the observance of the Labor Day.1
 
Support for the EURUSD is seen at 1.3118 and resistance is seen at 1.3217.

  59 Views · 18 Replies ( Last reply by HotForex )

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Trade with a regulated broker

19 Feb 2011

There are many forex brokers now a day, some of them are regulated broker and some of them or not. I suggest you to trade with regulated broker like United World Capital. Regulated brokers are those who are registered with CYSEC. CYSEC stands for Cyprus Security and Exchange Commission. CYSEC has some responsibilities, like, to supervise and control the operation of the Stock Exchange, the transactions carried out, the issuers of securities listed on the Stock Exchange, the licensed investment services companies as well as the collective investment schemes. Another responsibility is to impose administrative sanctions and disciplinary penalties to brokers, brokerage firms and investment consultants to secure the clients.

So trading with a regulated broker is most safe and secure. United World Capital is registered in CYSEC under the license number 093/08. And FSA EEA regulated under the license number 504862. You can check it on their site:
www.uwcfx.com

  392 Views · 13 Replies ( Last reply by Phillip Greenberg )



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