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Brokers.
Steps you should Follow in Choosing yours.


BROKERS

Starting your involvement in the Market requires you to register with one that will execute your trades.
To manage your Money you open an account with a Bank.
To manage your Forex involvement or your Stock involvement for that matter, you need to open an account with a Broker.

Opening an account does not cost you.
The fees you are charged are the Spread between the Ask and the Bid prices from your trades.

However you should be very careful choosing your Dealer.
The opportunities that Forex trading provides are growing constantly.
Accompanying this growth is the widespread of scams.
So do not get tempted by savory offers.
Stay away and do not fall prey to scamers.
You are investing real money and you need trust between the parties.
Use your common sense. Choose a legitimate company, a certified government registered one.
Registration with the Futures Commission Merchant (FCM) is a must. And regulated by the Commodity Futures Trading Commission (CFTC)
Do not get involved with companies that do not disclose their background information.
Do not get lured by any company advising you to trade in the inter-bank market. In this market the currency transactions are negotiated in a wobbly network of large companies and financial institutions.

When you join our System Trading Company, you will be offered 3 major government registered brokers to choose from.
They are recommended by our company. But you are not required to go through their services to trade our system.
However, they have been intensely scrutinized, checked for all the services they supply and signed a special contract with our company for a privileged service to our members.
According to the negotiated terms, they provide us the lowest Spreads, the highest Swaps available and 1:400 Leverage.
3 important factors generating our Profits in our System.

I personally am working with all three, to exploit to the fullest the advantages of each one of them.

GFT, one of the three recommended companies by FreedomRocks, is the only one providing a Web Trading Program that allows you to trade when traveling, through your Palm or at an internet cafe.

FXCM, provides the platform for the Managed Account offered by our company.

InterbankFX uses the Meta Trader 4 Platform.
For now, the only one providing Self Automated Trading through Expert Advisors Programs.

So, check very carefully your Brokers through Demo Accounts they all provide. It does not cost you. Be in touch with their customer services and get answers to all your questions before committing.
When you are satisfied, open your live account but do not trade yet with real money. Exercise the System with Demo Accounts for at least 4 more weeks.
Then start trading with a Portfolio of no more than a few thousand $ of your own money. Remember you trade with leverage so it does not matter. You are bound to make mistakes in the beginning, so minimize your losses while still learning.
Only when you feel comfortable and knowledgeable should you trade the full amount you intend to invest.

Check the Managing wisely your Portfolio with FreedomRocks e-zine for detailed information about your investment in the Forex.

And I have to remind you again, that you should never invest in the Forex money you cannot afford to loose.

If you so desire, you can subscribe to our e-zine and receive once a month a letter about the hotest topic of the month as appears to be of interest to the majority of our visitors.



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