Not so long ago it was difficult for the average Joe, me, to do any trading on any markets, including the American Stock Exchange. There was no such thing as a day trader back then. In fact the big companies that were there for traders would stub their nose at me and laugh when I said I had one hundred dollars I wanted to invest. It is our goal to make FX trading work for you, allowing you to trade FX online in a quick, transparent and reliable manner. In addition to the five minute fix, the central banks' co-ordinator - the Bank for International Settlements - is trying to get all the banks to agree a unified code of conduct, but this has not yet been settled.
A scam or fraud is an intentional deception in order to take unsuspecting money from a person. In this sense, scams are rare and are becoming increasingly so. There is a distinct difference between a poorly run brokerage and a fraudulent one. Even a poorly ran brokerage can run for a long time before something takes them out of the game.
If it comes to major forex markets, London, New York and Tokyo would win hands down. Around 75% of market activities in the New York markets are witnessed in the morning hours while the European markets are still open. And if you want to know when the forex trading is the heaviest, well look for the time when the major markets overlap.
Over the counter trade is a direct trading method between two parties, by agreeing to a bilateral trading contract. Both parties agree to some kind of rules before the trade commences. The most common assets of this type of trade are commodities, derivatives and stocks. OTCBB and pink sheets securities are responsible for this type of trade in the United States of America.
Foreign exchange is dynamic and fascinating. The easyMarkets platform provides liquidity pools so you get easy trading of forex and CFDs with the tightest fixed spread and execution guarantees on stop loss and take profit orders with zero slippage (no re-quotes).