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How to Trade Forex With the Big Banks

Posted by at 3:53 AM Read our previous post

Create and Fund Account, and Start Trading
1. Visit the Currenex website to find Forex firms that use the Currenex network (see Resources). Research 'White Label Partners' and request an account that trades directly within the Currenex network, or with Currenex itself.
2. Choose a broker by evaluating their demo platform product and reviewing their commission structures. Forex brokers offer varying platforms. Some offer more robust charting software than others, and the appearance of their price quotes and order entry systems may differ. Basically, you get what you pay for; brokers with low commissions tend to have low-end platforms as well.
3. Check account minimums and fund your account accordingly.
4. Use trading platform to place trades within the intrabank network.

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