Forex (FX) is the market where currencies are traded and the term is the shortened form of foreign exchange. Forex is the largest financial marketplace in the world. With no central location, it ... The substantial leverage that is available to online Forex Traders can be a powerful money making tool. • The daily currency volume on the Chicago Mercantile Exchange (CME) is a mere 1% of what Forex market investors experience every day. Remember, your forex broker doesn't matter, trading spot forex is a loosing game. You will lose all your money and at 50:1 leveage you will lose it twice as fast. IBFX Insider 02/09/2011 (3) (4) Overall I have had a positive experience with this broker. They have had some server problems in the past but that seems to be fixed. DoItFX says to be offering over 50 currency pairs and lots of CFDs with leverage as high as 1:500 and a deposit bonus of 300%. Although this may sound attractive, there are a lot of issues about DoItFX – for instance the website is completely anonymous, so if you are considering opening a trading account with them be sure to read this review first. FOREX.com is a registered FCM and RFED with the CFTC and member of the National Futures Association (NFA # 0339826). Forex trading involves significant risk of loss and is not suitable for all investors. Full Disclosure. Spot Gold and Silver contracts are not subject to regulation under the U.S. Commodity Exchange Act.
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