Brokerages That Offer Forex Trading Online
September 2009 | Categorized in Brokerage Education
Forex trading online has quickly become one of the most common ways to invest money. Because of the ability to leverage huge margins, it allows you to make money without having to have so much of it yourself. While it is risky, it can be very rewarding with a sound forex trading system.
The fact that the market is open 24/7 doesn’t hurt as well. If you’re like most people though, you’d prefer to have all your money consolidated into the least amount of accounts.
Below is a list of stock brokerages that also offer forex trading.
| Broker | Commissions (forex) |
Notes |
| Zecco | $0* | Free $50,000 online forex trading practice account |
| thinkorswim | $0* | 100:1 (1%) margin |
| MB Trading | $0.50 per 10,000 traded | Tight spreads with no markups/markdowns |
| Interactive Brokers | varies/cheap |
* While you pay no commissions to trade forex, your only transaction cost is the dealing spread – the difference between the bid and the ask price.
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