financial irregularities and inadequate protection to individual traders; too much will lead to a lack of competitiveness in global markets. The laws enforced by the cftc and NFA apply to the Forex brokers based in the US and any other Forex broker, who intends to serve US-based clients. Commodity Futures Trading Commission (cftc) and also regulated by the, national Futures Association (NFA) as a Futures Commission Merchant (FCM). Saxo Bank SaxoTraderPro Desktop Platfrom Second up on the podium is TD Ameritrade for its highly innovative and rich thinkorswim desktop platform.
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Whether trading spot forex or options on FX, Saxo makes it easy for traders to access over 30,000 markets, while providing advanced order types and trading features. Thinkorswim offers over 400 indicators more than any other broker we have reviewed. Forex brokers (including the introducing brokers ) must be registered with the. The broker caters to the needs of various clients, from beginners to advanced automated traders, and offers an active trader program for high-volume investors. This does not impact our completely unbiased research, which is respected by broker executives as among the most thorough on the web. Before any fx broker can accept US forex traders as clients, they must become registered as Retail Foreign Exchange Dealer (rfed) by the financial regulatory body, the. See section, Education below. Trading with a trusted forex broker is crucial for success in international currency markets. These regulations have "scared off" both the Forex brokers and the retail traders. The addition of a candlestick pattern editor and numerous research and social-network sharing features, along with extremely powerful charting, helped TD Ameritrade advance in this category. Also check to ensure the products you want to trade are available in your region.
With over 60,000 words of research across the site, we spend hundreds of hours testing forex brokers each year. Industry leaders trust. M IG CMC Markets Saxo Bank.
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