1. How to Choose a ForexBroker?By Forex-RateIt.com

2. FOREX stands for FOReignEXchangeIt is one of the worlds largest financial markets with a daily trade worth over 2 trillion By Forex-RateIt.com 3. Do YOU want a piece of the larger FOREXpie? By Forex-RateIt.com 4. Start Trading in the Forex Market?To start trading in the forex market, you have to set up an account with a forex broker.Forexbrokers are firms or individuals who assist you in the trading activity.Theycarry out trade (buying or selling currencies) as per your instructions.By Forex-RateIt.com 5. How Does a Forex Broker Help You? Providessoftware platform which enables online forex trading.Offersupdates related to the forex market.Advisestraders in the selection of currency pairs.Facilitates trading through expert market analysis. Helps with trading strategies and offers timely alerts. By Forex-RateIt.com 6. Are You Looking for a Forex Broker?Internet is flooded with online forex brokers.Do not select a broker randomly.Invest time in thorough market research.Your decision will impact your profit.By Forex-RateIt.com 7. How to Choose a Forex Broker?1Regulations 2Minimum Deposit 3Leverage 4Demo Account 5Spreads By Forex-RateIt.com 8. Is Your Forex Broker Regulated?Trading with an unregulated broker is like putting your money at risk.Make sure the broker is fully regulated with the concerned authority.Some of the major regulatory authorities are - Financial Services Authority UK and U.S. Securities and Exchange Commission. By Forex-RateIt.com 9. What is the Minimum AccountDeposit? Choose a broker as per your investment budget. Look out for minimum account deposits. It is the amount required to start a live trading account. Some of the most popular forex brokers have high minimum deposit. For budget accounts, opt for emerging forex brokers.By Forex-RateIt.com 10. What is the Leverage?In forex, leverage is the margin ratio available to the account deposit. With a leverage of 100 and minimum deposit $5,000, you can trade for $500,000. Different brokers offer different leverage ratio. As per the experts, 100:1 leverage is sufficient for individual traders. A high ratio will compel you to trade for higher positions increasing risk factors.By Forex-RateIt.com 11. Does the Broker Offers DemoAccount? A demo account is a free trading account that allows users to hone their trading skills. You can experiment with currency trading through a demo account without losing money. It enables you to test the features of trading platform. Novice traders should opt for a broker that offers demo account. A demo account is available for a limited period.By Forex-RateIt.com 12. Understanding SpreadsSpreads are crucial for short-term traders.Not all brokers deal in all the currency pairs.Choose a broker that offers good spread range for the currency pairs in which your are interested in.An ideal spreads range is between 2 to 3 pips.By Forex-RateIt.com 13. Read Broker ReviewsAlways read broker reviews provided by forex experts and users.Expert reviews contain detailed analysis of the broker.User reviews offers in insight into the operational excellence of the broker.By Forex-RateIt.com 14. For more information on Forex Brokers and Forex Education, visitForex-RateIt.com