Forex Trading is also known as foreign exchange market and it is global decentralized marked for the trading of currencies. The main participants in this market are the larger international banks. The trading takes place between the financial institutes of a country and most of the times between banks. In Forex trading, a party purchases some quantity of one currency by paying in its own currency and thus this trade (Forex Trading) decides the relative values of both the currencies. With the introduction of Forex trading (websites) there are biggest advantage or benefits is that the investor can do business with anyone around the clock irrespective of their location. Here we compiled a list of top 10 Best Forex Trading Websites.
Following are the top 10 Best Forex Trading Websites
10. ForexPeaceArmy.com
Forex Peace Army (FPA) Forex Trading Education Section is the best place to learn Forex, because ForexPeaceArmy.com provides the basic education about the Forex trading. The basic objective of this website is to provide the users free of cost and scam free information. In this site you find portion of education which is used for the training of new investors and it provides them complete guidance and course.
9. BabyPips.com
BabyPips.com is one of another best Forex trading website. BabyPips.com provides trading techniques, online forums and other useful information for its users. This is one of the best sites for new user in this field; any new user can be easily understand all the pros and cons of trading in very simple language and well managed steps.
8. Mt5.com
Mt5.com is one of the best website for Forex trading and this famous site was developed by the company named Meta Quotes. In 2010, Mt5.com was developed in Russia. In this site, the traders can monitor and analyze the exchange rates and more that traders also interact with other traders with the help of different forums provided in the website.
7. FxStreet.com
FXStreet is a leading source for real time Forex analysis and reliable news. FXStreet offers an economic calendar, charts and real-time exchange rates. FxStreet was founded in 2000 in Spain. The traders can find latest exchange rates and market news readily on this website. In this site you can find a portion of trading and education and any new user can get full and complete guide line through this portion.
6. MyFxBook.com
Myfxbook.com is a forex trading community and more that, MyFxBook.com provide free service for forex traders enabling you to analyze publish your statement, your forex trading account and share your trades. In this site you will find Different analytical tools and programs and that tools and programs help in making the correct decision at correct times.
5. InstaForex.com
InstaForex.com provides access to trading in currencies as well as contracts for difference (CFD) s based on commodity futures and shares. It is a Russian Forex broker company and sites that providing online trading services using an electronic communication network to execute Forex trades. InstaForex.com was founded in 2007. The (InstaForex.com) company has its headquarters in Kaliningrad, Russia.
4. DailyFx.com
DailyFX.com is the leading portal for Forex trading analysis and news. You can find every tool that you need to trade in the foreign exchange market. DailyFx.com was founded in 1999 and more that, DailyFx.com has been included in one of the most visited Forex websites. DailyFx.com provides exchange charts and economic colander.
3. Oanda.com
Oanda.com is one of the non-bank Futures Commission Merchants (FCMs) specialized in spot Forex trading. OANDA Corporation is a financial services provider of Forex information, online foreign currency transfers, currency conversion and online retail foreign exchange trading. Oanda.com is a registered Futures Commission Merchants (FCM) with the Commodity Futures Trading Commission (CFTC) and a member of the National Futures Association (NFA).
2. Investing.com
Investing.com offers financial news, portfolio, free real time quotes, streaming charts and live stock market data. Investing.com was launched in August 2007 and it consists of 20 editions in 18 different languages and more that each edition covers a large portion of financial technicalities including bonds, interest rates, stocks, currencies and commodities.
1. ForexFactory.com
Forex Factory provides information to professional Forex traders and more that, ForexFactory.com also provide famously-reliable Forex calendar, lightning-fast Forex news and bottomless Forex forum. This site is very famous because ForexFactory.com (website) has everything which a trader or a new user demands. In this site you can find exchange rates, general discussions, trade feed, latest news, technical discussion forums and currency position in the market.
Top 10 Best Forex Trading Websites
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