Oct 19 2009, 01:25 AM
QUOTE(rosdi1 @ Oct 18 2009, 11:12 PM)
Yes I think forex brokers are not even regulated.
We had even tried to put the quote screens of the same currencies pairs from 2 different brokers side by side.
Guess what they are not the same......
If you are day trading on Forex the chance that you will lose money are very high.
But for a longer term trading I think it should be ok as at some point the rate had to be synchronize.
Not all FX brokers are regulated, but there are some of them are.We had even tried to put the quote screens of the same currencies pairs from 2 different brokers side by side.
Guess what they are not the same......
If you are day trading on Forex the chance that you will lose money are very high.
But for a longer term trading I think it should be ok as at some point the rate had to be synchronize.
http://www.fxstreet.com/brokers/forex-brokers/
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