The information revolution has dramatically changed the way in which the financial industry conducts business. Transactions have become faster and inexpensive to conduct, more and more financial products have become available to the general public. Retail Forex is one of the investment products brought to life in the Internet age.
No matter how sophisticated technology could be, trust remains the foundation of the financial industry. Smaller commissions do not matter if the broker gives little respect to the customer, smaller spreads are irrelevant if execution is with "slippage." When I began working in the futures industry over 25 years ago, much of the business was conducted on a handshake basis. Today, when technology enables us to do business with people who we have never met in person, trust and good name becomes the most valued commodity.
There are many Forex brokers across the globe, some more trustworthy than others. Only a handful are regulated by respective governing organizations established to protect investors from bad broker practices (such as National Futures Association). Not all are committed to life-long relations with their customers, and even fewer make a genuine effort to educate their customers.
We at Forex Club understand what trading, and for that matter Forex trading, is about. Success in trading is to have the knowledge and understanding of available resources and instruments, as well as proper risk management. We mobilize our senior traders and analysts with decades of experience to provide you with superb training programs.
I sincerely wish that the information on our website will be of great educational value and enable you to have a better understanding of the markets and give you the insight to become a more successful trader.
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taken full advantage of the US dollar’s plunge. Following up on yesterday’s disappointing revision in fourth quarter private consumption, the GfK Consumer Confidence survey for February crossed the wires with a sharper-than-expected drop.
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