Brokers for Day Trading in the Foreign Exchange Markets

Brokers for Day Trading in the Foreign Exchange Markets

The foreign exchange market, or forex market, is the largest trading market in the world and provides plenty of opportunities for day traders to make (or lose) money. Most forex trading takes place between banks, companies, and hedge funds directly, without the use of a broker. If you want to trade this live, you need to use a trading company linked to these networks.
Many brokers offer full service forex. The following list includes those that do nothing else.

Gain Capital Group’s FOREX.com
Gain Capital Group deals mostly with institutional investors and money managers, but makes its platform available to individual traders through its FOREX.com website. There, you can download a program that allows you to analyze the markets and make trades. The company offers a lot of educational programs and practical accounts for those interested in foreign currencies; It also has a mobile app for those who want to trade over the phone.

InterbankFX
Do you want to try your hand at forex trading? In addition to demo accounts, InterbankFX allows clients to start trading with as little as $250, making it an option for day traders who want to trade currencies with other types of securities. It also offers automated trading and charting services to help clients design and stick to their strategies.

Best PFG
Whether your interests are in currency, options or futures, PFG Best can handle your account. It offers individual traders a choice of two web-based platforms, depending on whether their interests are in the currency or the broader markets. The company does not have a lot of educational services. This is a place for experienced traders.