Fastbrokers is a regulated forex broker providing an absolutely unique combination of cheap ECN trading (non-dealing desk trading) and the MetaTrader 4 trading platform. Before my full review of Fastbrokers, here is the bottom line:
Pros
an American forex broker registered with NFA and CFTC
ECN trading with no dealing desk
low spread
microlots
sophisticated forex trading platform (MetaTrader 4)
suitable for [...]
Although they do not exactly advertise it, a major European forex broker is now offering a selected group of new clients a 100% cash back rebate from forex trading. This rebate is 10 times higher than the official forex rebate advertised on the broker’s website. I do not know for how long time this advantageous [...]
I have had a real forex trading account with OANDA for three years. My experience with this forex broker is summarized in the detailed review below. But before that, here is the bottom line:
Pros
regulated forex broker, large excess capital, good reputation
no commission, low spread on EUR/USD and some other currency pairs
infrequent slippage
offers exotic currencies including [...]
Shariah, the Islamic law, prohibits interest payment. However, the rollover interest is an integral part of forex trading. How can a Muslim forex trader from Saudi Arabia or the United Arab Emirates trade currencies without violating the religious law? The answer is to find a forex broker willing to offer an account with no overnight [...]
