Foreign exchange trading, better known as forex trading, is becoming a more popular method of investing for many customers. With its variety of currencies from which to choose as well as a number of precious metals and commodities, these companies are giving the stock market a run for its money when it comes to enticing investors. As more forex companies are established, there is lots of jockeying for position among them to gain the recognition of industry experts and the business of new traders. When it comes to the best of the best, here are some forex companies that are rising to the top of the forex trading industry.
One of the most popular companies is eToro. Needing only $50 to open an account, customers can find a wealth of educational information as well as current market statistics to help them along their way. New traders can open a demo account to help them learn the ropes of forex trading before investing any of their real money, mobile trading and one-click dealing. In addition to trading foreign exchanges, customers can also choose to take their chances with precious metals, oil, gold, commodities and indices.
Billing itself as the company for traders that want more, it offers something for everyone. Mobile trading, mini-accounts, scalping and hedging and more are available to traders. One of the more popular aspects of this company is its trading contests, letting traders compete against one another for prizes in a format very similar to what some fantasy sports leagues do for their customers. Targeting younger traders, Netotrade is determined to be the company of choice for younger traders who demand more from their broker.
XE Markets is a forex broker that lets traders open accounts for as little as $5. With lots of features for consumers including low spreads, no commissions and instant deposits the company is quickly gaining in popularity. Also offering numerous educational resources for new traders, XE is great at helping new traders learn the tricks of the trade before jumping into the forex game. Customers have access to efficient and knowledgeable customer service, and can choose from a variety of tradable instruments including forex, precious metals, equity indices and energies.
AVA FX is a forex company which has made great strides in web-based forex trading. Regulated by the Central Bank of Ireland, it’s very trader-friendly with its mobile alerts and trading signals, helping to alert traders to new information and when good deals may be available. Its web-based trading is also very user-friendly, and its many tutorials and online educational resources make it easy for new traders to learn everything they need to know about the field. Customers who are feeling lucky can take their new-found knowledge and invest in forex, oil, gold, stocks and more.
Investments of any type are risky, but with the emphasis on education and customer service these companies are making it easier all the time for new traders to enter the exciting and ever-changing world of forex trading.
This entry was posted on Sunday, July 21st, 2013 at 6:27 am and is filed under Forex. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.