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According to our forex broker
review, Gain Capital and Oanda come out on top.
Gain Capial has set a high standard with trailing stops. The
trailing stop can only be entered as a separate order. Once the
investor is in an order he can enter his trailing stop limit in
pips to trail the market the distance the investor has set with the
closest distance the investor can go being 10 pips. Gain Capital
also has a facility whereby a trader can download 5 years of tick
data on the 6 major currencies. In addition, an investor can also
download a free DDE application whereby he can obtain live
quotes.
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While most brokers allow only the
standard ($100,000) or mini ($10,000) lot size, Oanda gives traders
the ability to trade any lot amount. Another attractive quality is
that has its own user forum. In addition, Oanda has the capacity to
have multi-denominated sub accounts other than in USD with no
minimum deposit. The different currency accounts available include
AUD, EUR, JPY, GBP, CAD & CHF. This allows the user to transfer
between their primary account and their sub account easily, with
the only restriction being that the investor cannot externally
withdraw funds from a sub account, and withdrawals must come out of
the primary account only. Forex Brokers provides detailed
information on forex brokers, forex trading and market makers, and
other forex-related topics. Forex Brokers is the sister site of
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Since we review business opportunities for a living
we know which one work and which ones don't. Click Here To
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