Are all Forex brokers the same?
Let us start with a completely different scenario. All cars do the same thing; they provide a sit-down environment, they allow you to be on the road and take you from A to B with the assistance of your effort to drive it. The same applies to Forex brokers. They all do exactly the same thing. They allow you to get involved in a global currency trading environment where you can get in and out of the market whenever you want, depending on strategies you use. However, are they all the same? They should be but they are not.
Competition
Forex brokers are part of one of the most competitive industries in the world. The demand for them is huge because it reflects the chances they provide for us to become financially successful. So, it is within their interest to sign us up as a customer. This is...