FOREX Brokers

The following are 12 factors you should consider when choosing a forex broker. You can use this guide as a checklist to narrow down on a selection of forex brokers and focus in on a couple of key firms. For additional advice from other traders, search the forex forums to find discussions on the brokers you are interested in, and read the comments. There's plenty of useful information to be found to help you choose the broker that's right for you. Another tool you might find useful is Find-a-Broker.com. This allows you to search for a broker based on many of the criteria listed below.

As a long-time bank trader, my first experience with online retail FX brokers was Hotspot FX in June 2003. The initial impression I got was extremely favorable for the following reasons: