the confusing world of trading

[fxoday]

I'd recommend to choose a broker that is registered with a regulating authority (e.g. NFA or CFTC). And never trade with money you cannot afford to lose.

I am use broker registered at ASIC and FCA, and yes only use money that affords to lose, because forex trading is always remain risky, forex trading sometime open buy but then move down, and vice versa

 

[kingsman]

First of all, traders should remove all his confusion, especially all about forex trading he should know the basic terms and their usage. Then he has to understand what a broker offers and how to treat the trades.

He can work with different brokers to distribute his investment so that he can limit his risk. In this way, he will also know the difference of brokers and their dealings.