What A Forex Broker Does

Written by Brian Channell


Continued from page 1

1. What isrepparttar spread? (Hint: The lowerrepparttar 101292 spreadrepparttar 101293 more money you make!) a. The spread is calculated in “pips” and isrepparttar 101294 difference betweenrepparttar 101295 price at which a currency can be purchased andrepparttar 101296 price at which it can be sold. Simply put, your broker has to make money. That’s how they stay in business. Unlike traditional stock trading where brokers charge commissions, FOREX brokers make money offrepparttar 101297 spread. The lowerrepparttar 101298 spreadrepparttar 101299 more profit that there is for you.

2. What are your credentials? (Hint: There are certain affiliations you should look for.) a. Most large brokerage firms are connected in some way to a bank or financial institution. Sincerepparttar 101300 majority of their business is based on credit, this is a very important partnership. Their affiliation offers yourepparttar 101301 opportunity to invest thousands more than you could with smaller firms. It is also recommended that your chosen FOREX broker be registered with Futures Commission Merchant (FCM) and regulated byrepparttar 101302 Commodity Futures Trading Commission (CFTC). Refer to your broker’s website or call directly to find out if they have such affiliations.

3. What tools are available to help me learn more? (Hint: Not all broker firms are created equal. Find out who offersrepparttar 101303 best resources and information to help you makerepparttar 101304 smartest trading decisions.) a. This is a critical question to ask. It is one thing to fulfill your trade requirements, but a FOREX broker needs to also provide you with educational tools. Ask what kind of tools they offer for their clients. A good company should offer real-time charts, technical analysis tools, real-time news and data, and software or website support. Be weary of any company that refuses to share information or trial versions before opening up an account. You will want to try out their system before you choose to invest money in it. Many offer test accounts that allow you to “play”repparttar 101305 market without actually investing any capital.

4. What is your leverage? (Hint: This isrepparttar 101306 determining factor on how much money you are able to make with each investment.) a. Leverage isrepparttar 101307 key factor to your success. As discussed earlier,repparttar 101308 FOREX market runs mostly on credit. Your FOREX broker is able to supply you with a different margin depending on their size and your needs. The higherrepparttar 101309 marginrepparttar 101310 more money you can possibly make. If you are limited on funds, finding a high margin FOREX broker is top priority. If you haverepparttar 101311 capital already, you may decide that a lower margin is a smart choice for higher risk transactions and vice versa.

Brian Channell is an online entrepreneur. Please visit www.MyForexEducation.com to learn more about Forex trading


Color Contact Lenses - Your Options

Written by Brad Triggs


Continued from page 1
Have you ever noticed someone's eyes that you were certain were not their own? One ofrepparttar issues associated with wearing color contact lenses is buying a set that complements your eye and skin . If your skin and eyes are naturally light, you haverepparttar 101291 good fortune of being able to wear just about any type of ed lenses. People with dark eyes and/or skin are best suited with opaque lenses. Instead of coveringrepparttar 101292 eye with a solid , opaque color contact lenses actually complementrepparttar 101293 natural ofrepparttar 101294 eye using a pattern of several s. If your eyes are somewhere inrepparttar 101295 middle or you want to try a in contrast to your eye , you should contact an eye specialist to discuss your options.

Brad Triggs provides more information on Color Contact Lenses at his website: http://www.MyDiscountLenses.com/colored-contacts.htm


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