Forex Centre - Comparison Table

Foreign exchange (forex) is one of the most popular markets in the world. High levels of volatility make it ideal for short-term trading as prices are always on the move. The popularity of currencies means the industry continues to grow, so it is not hard to find a broker to take your positions. Nonetheless, you need to pick the right one based on their level of service and technical support to facilitate your trading ideas.  Forex markets involve trading one currency against another. A lot of advertising focuses on ‘tight spreads’. This is the range between the bid and ask price. This is the level at which the broker will buy the base currency in exchange for the counter currency; and vice-versa respectively. Most brokers do not charge transactional commissions for trading, they take a cut from the spread.