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	<title>The Trade Machine Blog &#187; Forex Brokers</title>
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		<title>Broker Review &#8211; ATC Brokers</title>
		<link>http://thetrademachine.com/blog/2009/10/22/broker-review-atc-brokers/</link>
		<comments>http://thetrademachine.com/blog/2009/10/22/broker-review-atc-brokers/#comments</comments>
		<pubDate>Thu, 22 Oct 2009 17:38:22 +0000</pubDate>
		<dc:creator>royce</dc:creator>
				<category><![CDATA[Forex Brokers]]></category>

		<guid isPermaLink="false">http://thetrademachine.com/blog/?p=637</guid>
		<description><![CDATA[ATC Brokers – Has a high $3,500 minimum balance to open.
&#160;
Please feel free to comment below about your personal experiences with any of the brokers we have reviewed.
&#160;
&#160;
The Breakdown
&#160;
Company Headquarters: USA
&#160;
Metatrader Trading Platform: YES
&#160;
ECN Broker: YES
&#160;
Minimum Lot Size: $10,000
&#160;
Leverage Offered: 1:100
&#160;
Spreads on the Majors: 2-3
&#160;
Regulated By: NFA and CTFC
&#160;
(Glossary of the following terms are at [...]]]></description>
			<content:encoded><![CDATA[<p><strong>ATC Brokers</strong> – Has a high $3,500 minimum balance to open.</p>
<p>&nbsp;</p>
<p>Please feel free to comment below about your personal experiences with any of the brokers we have reviewed.</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<h2>The Breakdown</h2>
<p>&nbsp;</p>
<p><strong>Company Headquarters:</strong> USA</p>
<p>&nbsp;</p>
<p><strong>Metatrader Trading Platform:</strong> YES</p>
<p>&nbsp;</p>
<p><strong>ECN Broker:</strong> YES</p>
<p>&nbsp;</p>
<p><strong>Minimum Lot Size:</strong> $10,000</p>
<p>&nbsp;</p>
<p><strong>Leverage Offered:</strong> 1:100</p>
<p>&nbsp;</p>
<p><strong>Spreads on the Majors:</strong> 2-3</p>
<p>&nbsp;</p>
<p><strong>Regulated By:</strong> NFA and CTFC</p>
<p>&nbsp;</p>
<p>(Glossary of the following terms are at the bottom of the review)</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<h2>Glossary</h2>
<p>&nbsp;</p>
<p><strong>Company Headquarters –</strong> This is the location that the Forex Broker has setup and registered their business.  This can have implications on deposit currencies allowed, how funds are held and withdrawn, as well as regulating agencies that can monitor their business.</p>
<p>&nbsp;</p>
<p><strong>Metatrader Trading Platform –</strong> This is the platform that is necessary to participate in automated trading with Expert Advisors.  If you plan to trade and EA you must be sure you select a broker that supports it.</p>
<p>&nbsp;</p>
<p><strong>ECN Broker –</strong> There has been a large increase recently in the offering of ECN Forex trading.  This is the ability to trade outside a single brokers price feed.  There are many advantages and disadvantages to trading with an ECN broker. You can read more about ECN Brokers in a previous article <a href="http://thetrademachine.com/blog/2009/10/05/ecn-trading-the-new-wave/" target="_blank">here</a>.</p>
<p>&nbsp;</p>
<p><strong>Minimum Lot Size –</strong> In Forex trading leverage is always used.  Therefore, position sizing is generally larger than a customers whole account balance.  The term Lot is used to describe the size of the trade.  A Standard Lot generally refers to $100,000 and is given a number value of 1.  A Mini Lot is $10,000 in size and is given a number value of .10  A Micro Lot is $1,000 in size and is given a number value of .01  A Nano Lott is $100 in size and is generally only offered by brokers that offer specific mini accounts.  Keep in mind some brokers offer mini trading accounts and the number value for a mini lot becomes 1 and a micro .10</p>
<p>&nbsp;</p>
<p><strong>Leverage Offered -</strong>  Since Forex currency prices change at just fractions of a percentage each day it would not be very exciting to trade without leverage.  Brokers offer up to 500 times leverage to allow traders to make larger profits from the small currency price moves. </p>
<p>&nbsp;</p>
<p><strong>Spreads on the Majors -</strong>  The Spread refers to the difference between the Bid and Ask price on the Major currency pairs.  The Major pairs are EUR/USD, USD/JPY, USD/CHF. And GBP/USD.</p>
<p>&nbsp;</p>
<p><strong>Regulated By –</strong> the Securities and Exchange Commission tightly regulates The US Stock market.  In the Forex broker there are many different regulating bodies of different strengths and weaknesses.  Many brokers are regulated by different governing bodies and some are not regulated at all.</p>
]]></content:encoded>
			<wfw:commentRss>http://thetrademachine.com/blog/2009/10/22/broker-review-atc-brokers/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Broker Review &#8211; Gallant FX</title>
		<link>http://thetrademachine.com/blog/2009/10/22/broker-review-gallant-fx/</link>
		<comments>http://thetrademachine.com/blog/2009/10/22/broker-review-gallant-fx/#comments</comments>
		<pubDate>Thu, 22 Oct 2009 17:34:00 +0000</pubDate>
		<dc:creator>royce</dc:creator>
				<category><![CDATA[Forex Brokers]]></category>

		<guid isPermaLink="false">http://thetrademachine.com/blog/?p=635</guid>
		<description><![CDATA[Gallant FX &#8211;  This USA based broker offers free VPS hosting for accounts of all sizes.  I am unsure about the quality of the VPS hosting, but this is a very nice perk.
&#160;
Please feel free to comment below about your personal experiences with any of the brokers we have reviewed.
&#160;
&#160;
The Breakdown
&#160;
Company Headquarters: USA
&#160;
Metatrader [...]]]></description>
			<content:encoded><![CDATA[<p><strong>Gallant FX</strong> &#8211;  This USA based broker offers free VPS hosting for accounts of all sizes.  I am unsure about the quality of the VPS hosting, but this is a very nice perk.</p>
<p>&nbsp;</p>
<p>Please feel free to comment below about your personal experiences with any of the brokers we have reviewed.</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<h2>The Breakdown</h2>
<p>&nbsp;</p>
<p><strong>Company Headquarters:</strong> USA</p>
<p>&nbsp;</p>
<p><strong>Metatrader Trading Platform:</strong> YES</p>
<p>&nbsp;</p>
<p><strong>ECN Broker:</strong> NO</p>
<p>&nbsp;</p>
<p><strong>Minimum Lot Size:</strong> $10,000</p>
<p>&nbsp;</p>
<p><strong>Leverage Offered:</strong> 1:400</p>
<p>&nbsp;</p>
<p><strong>Spreads on the Majors:</strong>  2-3</p>
<p>&nbsp;</p>
<p><strong>Regulated By:</strong> RIA vis SEC</p>
<p>&nbsp;</p>
<p>(Glossary of the following terms are at the bottom of the review)</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<h2>Glossary</h2>
<p>&nbsp;</p>
<p><strong>Company Headquarters –</strong> This is the location that the Forex Broker has setup and registered their business.  This can have implications on deposit currencies allowed, how funds are held and withdrawn, as well as regulating agencies that can monitor their business.</p>
<p>&nbsp;</p>
<p><strong>Metatrader Trading Platform –</strong> This is the platform that is necessary to participate in automated trading with Expert Advisors.  If you plan to trade and EA you must be sure you select a broker that supports it.</p>
<p>&nbsp;</p>
<p><strong>ECN Broker –</strong> There has been a large increase recently in the offering of ECN Forex trading.  This is the ability to trade outside a single brokers price feed.  There are many advantages and disadvantages to trading with an ECN broker. You can read more about ECN Brokers in a previous article <a href="http://thetrademachine.com/blog/2009/10/05/ecn-trading-the-new-wave/" target="_blank">here</a>.</p>
<p>&nbsp;</p>
<p><strong>Minimum Lot Size –</strong> In Forex trading leverage is always used.  Therefore, position sizing is generally larger than a customers whole account balance.  The term Lot is used to describe the size of the trade.  A Standard Lot generally refers to $100,000 and is given a number value of 1.  A Mini Lot is $10,000 in size and is given a number value of .10  A Micro Lot is $1,000 in size and is given a number value of .01  A Nano Lott is $100 in size and is generally only offered by brokers that offer specific mini accounts.  Keep in mind some brokers offer mini trading accounts and the number value for a mini lot becomes 1 and a micro .10</p>
<p>&nbsp;</p>
<p><strong>Leverage Offered -</strong>  Since Forex currency prices change at just fractions of a percentage each day it would not be very exciting to trade without leverage.  Brokers offer up to 500 times leverage to allow traders to make larger profits from the small currency price moves. </p>
<p>&nbsp;</p>
<p><strong>Spreads on the Majors -</strong>  The Spread refers to the difference between the Bid and Ask price on the Major currency pairs.  The Major pairs are EUR/USD, USD/JPY, USD/CHF. And GBP/USD.</p>
<p>&nbsp;</p>
<p><strong>Regulated By –</strong> the Securities and Exchange Commission tightly regulates The US Stock market.  In the Forex broker there are many different regulating bodies of different strengths and weaknesses.  Many brokers are regulated by different governing bodies and some are not regulated at all.</p>
]]></content:encoded>
			<wfw:commentRss>http://thetrademachine.com/blog/2009/10/22/broker-review-gallant-fx/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Broker Review MIG Investments</title>
		<link>http://thetrademachine.com/blog/2009/10/22/broker-review-mig-investments/</link>
		<comments>http://thetrademachine.com/blog/2009/10/22/broker-review-mig-investments/#comments</comments>
		<pubDate>Thu, 22 Oct 2009 17:29:24 +0000</pubDate>
		<dc:creator>royce</dc:creator>
				<category><![CDATA[Forex Brokers]]></category>

		<guid isPermaLink="false">http://thetrademachine.com/blog/?p=633</guid>
		<description><![CDATA[MIG investments – There is a high $5,000 minimum account balance to open. 
&#160;
Please feel free to comment below about your personal experiences with any of the brokers we have reviewed.
&#160;
&#160;
The Breakdown
&#160;
Company Headquarters: Switzerland
&#160;
Metatrader Trading Platform: YES
&#160;
ECN Broker: NO
&#160;
Minimum Lot Size: $10,000
&#160;
Leverage Offered: 1:200
&#160;
Spreads on the Majors:  2-3
&#160;
Regulated By: KPMG and ARIF
&#160;
(Glossary of the [...]]]></description>
			<content:encoded><![CDATA[<p><strong>MIG investments</strong> – There is a high $5,000 minimum account balance to open. </p>
<p>&nbsp;</p>
<p>Please feel free to comment below about your personal experiences with any of the brokers we have reviewed.</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<h2>The Breakdown</h2>
<p>&nbsp;</p>
<p><strong>Company Headquarters:</strong> Switzerland</p>
<p>&nbsp;</p>
<p><strong>Metatrader Trading Platform:</strong> YES</p>
<p>&nbsp;</p>
<p><strong>ECN Broker:</strong> NO</p>
<p>&nbsp;</p>
<p><strong>Minimum Lot Size:</strong> $10,000</p>
<p>&nbsp;</p>
<p><strong>Leverage Offered:</strong> 1:200</p>
<p>&nbsp;</p>
<p><strong>Spreads on the Majors:</strong>  2-3</p>
<p>&nbsp;</p>
<p><strong>Regulated By:</strong> KPMG and ARIF</p>
<p>&nbsp;</p>
<p>(Glossary of the following terms are at the bottom of the review)</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<h2>Glossary</h2>
<p>&nbsp;</p>
<p><strong>Company Headquarters –</strong> This is the location that the Forex Broker has setup and registered their business.  This can have implications on deposit currencies allowed, how funds are held and withdrawn, as well as regulating agencies that can monitor their business.</p>
<p>&nbsp;</p>
<p><strong>Metatrader Trading Platform –</strong> This is the platform that is necessary to participate in automated trading with Expert Advisors.  If you plan to trade and EA you must be sure you select a broker that supports it.</p>
<p>&nbsp;</p>
<p><strong>ECN Broker –</strong> There has been a large increase recently in the offering of ECN Forex trading.  This is the ability to trade outside a single brokers price feed.  There are many advantages and disadvantages to trading with an ECN broker. You can read more about ECN Brokers in a previous article <a href="http://thetrademachine.com/blog/2009/10/05/ecn-trading-the-new-wave/" target="_blank">here</a>.</p>
<p>&nbsp;</p>
<p><strong>Minimum Lot Size –</strong> In Forex trading leverage is always used.  Therefore, position sizing is generally larger than a customers whole account balance.  The term Lot is used to describe the size of the trade.  A Standard Lot generally refers to $100,000 and is given a number value of 1.  A Mini Lot is $10,000 in size and is given a number value of .10  A Micro Lot is $1,000 in size and is given a number value of .01  A Nano Lott is $100 in size and is generally only offered by brokers that offer specific mini accounts.  Keep in mind some brokers offer mini trading accounts and the number value for a mini lot becomes 1 and a micro .10</p>
<p>&nbsp;</p>
<p><strong>Leverage Offered -</strong>  Since Forex currency prices change at just fractions of a percentage each day it would not be very exciting to trade without leverage.  Brokers offer up to 500 times leverage to allow traders to make larger profits from the small currency price moves. </p>
<p>&nbsp;</p>
<p><strong>Spreads on the Majors -</strong>  The Spread refers to the difference between the Bid and Ask price on the Major currency pairs.  The Major pairs are EUR/USD, USD/JPY, USD/CHF. And GBP/USD.</p>
<p>&nbsp;</p>
<p><strong>Regulated By –</strong> the Securities and Exchange Commission tightly regulates The US Stock market.  In the Forex broker there are many different regulating bodies of different strengths and weaknesses.  Many brokers are regulated by different governing bodies and some are not regulated at all.</p>
]]></content:encoded>
			<wfw:commentRss>http://thetrademachine.com/blog/2009/10/22/broker-review-mig-investments/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Broker Review FxPro</title>
		<link>http://thetrademachine.com/blog/2009/10/22/broker-review-fxpro/</link>
		<comments>http://thetrademachine.com/blog/2009/10/22/broker-review-fxpro/#comments</comments>
		<pubDate>Thu, 22 Oct 2009 17:25:17 +0000</pubDate>
		<dc:creator>royce</dc:creator>
				<category><![CDATA[Forex Brokers]]></category>

		<guid isPermaLink="false">http://thetrademachine.com/blog/?p=631</guid>
		<description><![CDATA[FxPro – This is a new broker just recently established in 2008. 
&#160;
Please feel free to comment below about your personal experiences with any of the brokers we have reviewed.
&#160;
&#160;
The Breakdown
&#160;
Company Headquarters: Cyrprus
&#160;
Metatrader Trading Platform: YES
&#160;
ECN Broker: NO
&#160;
Minimum Lot Size: $10,000
&#160;
Leverage Offered: 1:500
&#160;
Spreads on the Majors:  2-3
&#160;
Regulated By: Cyprus Securities Exchange
&#160;
(Glossary of the following [...]]]></description>
			<content:encoded><![CDATA[<p><strong>FxPro</strong> – This is a new broker just recently established in 2008. </p>
<p>&nbsp;</p>
<p>Please feel free to comment below about your personal experiences with any of the brokers we have reviewed.</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<h2>The Breakdown</h2>
<p>&nbsp;</p>
<p><strong>Company Headquarters:</strong> Cyrprus</p>
<p>&nbsp;</p>
<p><strong>Metatrader Trading Platform:</strong> YES</p>
<p>&nbsp;</p>
<p><strong>ECN Broker:</strong> NO</p>
<p>&nbsp;</p>
<p><strong>Minimum Lot Size:</strong> $10,000</p>
<p>&nbsp;</p>
<p><strong>Leverage Offered:</strong> 1:500</p>
<p>&nbsp;</p>
<p><strong>Spreads on the Majors:</strong>  2-3</p>
<p>&nbsp;</p>
<p><strong>Regulated By:</strong> Cyprus Securities Exchange</p>
<p>&nbsp;</p>
<p>(Glossary of the following terms are at the bottom of the review)</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<h2>Glossary</h2>
<p>&nbsp;</p>
<p><strong>Company Headquarters –</strong> This is the location that the Forex Broker has setup and registered their business.  This can have implications on deposit currencies allowed, how funds are held and withdrawn, as well as regulating agencies that can monitor their business.</p>
<p>&nbsp;</p>
<p><strong>Metatrader Trading Platform –</strong> This is the platform that is necessary to participate in automated trading with Expert Advisors.  If you plan to trade and EA you must be sure you select a broker that supports it.</p>
<p>&nbsp;</p>
<p><strong>ECN Broker –</strong> There has been a large increase recently in the offering of ECN Forex trading.  This is the ability to trade outside a single brokers price feed.  There are many advantages and disadvantages to trading with an ECN broker. You can read more about ECN Brokers in a previous article <a href="http://thetrademachine.com/blog/2009/10/05/ecn-trading-the-new-wave/" target="_blank">here</a>.</p>
<p>&nbsp;</p>
<p><strong>Minimum Lot Size –</strong> In Forex trading leverage is always used.  Therefore, position sizing is generally larger than a customers whole account balance.  The term Lot is used to describe the size of the trade.  A Standard Lot generally refers to $100,000 and is given a number value of 1.  A Mini Lot is $10,000 in size and is given a number value of .10  A Micro Lot is $1,000 in size and is given a number value of .01  A Nano Lott is $100 in size and is generally only offered by brokers that offer specific mini accounts.  Keep in mind some brokers offer mini trading accounts and the number value for a mini lot becomes 1 and a micro .10</p>
<p>&nbsp;</p>
<p><strong>Leverage Offered -</strong>  Since Forex currency prices change at just fractions of a percentage each day it would not be very exciting to trade without leverage.  Brokers offer up to 500 times leverage to allow traders to make larger profits from the small currency price moves. </p>
<p>&nbsp;</p>
<p><strong>Spreads on the Majors -</strong>  The Spread refers to the difference between the Bid and Ask price on the Major currency pairs.  The Major pairs are EUR/USD, USD/JPY, USD/CHF. And GBP/USD.</p>
<p>&nbsp;</p>
<p><strong>Regulated By –</strong> the Securities and Exchange Commission tightly regulates The US Stock market.  In the Forex broker there are many different regulating bodies of different strengths and weaknesses.  Many brokers are regulated by different governing bodies and some are not regulated at all.</p>
]]></content:encoded>
			<wfw:commentRss>http://thetrademachine.com/blog/2009/10/22/broker-review-fxpro/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Broker Review InvestTechFx</title>
		<link>http://thetrademachine.com/blog/2009/10/22/broker-review-investtechfx/</link>
		<comments>http://thetrademachine.com/blog/2009/10/22/broker-review-investtechfx/#comments</comments>
		<pubDate>Thu, 22 Oct 2009 17:02:38 +0000</pubDate>
		<dc:creator>royce</dc:creator>
				<category><![CDATA[Forex Brokers]]></category>

		<guid isPermaLink="false">http://thetrademachine.com/blog/?p=629</guid>
		<description><![CDATA[InvestTechFX &#8211; Offers an amazingly low spread of 1 pip on all majors.  They are worth checking out.
&#160;
Please feel free to comment below with your experiences with any of the broker we have reviewed on out site.
&#160;
&#160;
The Breakdown – Glossary of the following terms are at the bottom of the review.
&#160;
&#160;
Company Headquarters: Canada
&#160;
Metatrader Trading [...]]]></description>
			<content:encoded><![CDATA[<p>InvestTechFX &#8211; Offers an amazingly low spread of 1 pip on all majors.  They are worth checking out.</p>
<p>&nbsp;</p>
<p>Please feel free to comment below with your experiences with any of the broker we have reviewed on out site.</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>The Breakdown – Glossary of the following terms are at the bottom of the review.</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>Company Headquarters: Canada</p>
<p>&nbsp;</p>
<p>Metatrader Trading Platform: YES</p>
<p>&nbsp;</p>
<p>ECN Broker: NO</p>
<p>&nbsp;</p>
<p>Minimum Lot Size: $1,000</p>
<p>&nbsp;</p>
<p>Leverage Offered: 1:500</p>
<p>&nbsp;</p>
<p>Spreads on the Majors –  1 pip</p>
<p>&nbsp;</p>
<p>Regulated By: Canada Business Regulating Board</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>Glossary</p>
<p>&nbsp;</p>
<p>Company Headquarters – This is the location that the Forex Broker has setup and registered their business.  This can have implications on deposit currencies allowed, how funds are held and withdrawn, and well as regulating agencies that can monitor their business.</p>
<p>&nbsp;</p>
<p>Metatrader Trading Platform – This is the platform that is necessary to participate in automated trading with Expert Advisors.  If you plan to trade and EA you must be sure you select a broker that supports it.</p>
<p>&nbsp;</p>
<p>ECN Broker – There has been a large increase recently in the offering of ECN Forex trading.  This is the ability to trade outside a single brokers price feed.  There are many advantages and disadvantages to trading with an ECN broker. You can read more about ECN Brokers in a previous article here.</p>
<p>&nbsp;</p>
<p>Minimum Lot Size – In Forex trading leverage is always used.  Therefore, position sizing is generally larger than a customers whole account balance.  The term Lot is used to describe the size of the trade.  A Standard Lot generally refers to $100,000 and is given a number value of 1.  A Mini Lot is $10,000 in size and is given a number value of .10  A Micro Lot is $1,000 in size and is given a number value of .01  A Nano Lott is $100 in size and is generally only offered by brokers that offer specific mini accounts.  Keep in mind some brokers offer mini trading accounts and the number value for a mini lot becomes 1 and a micro .10</p>
<p>&nbsp;</p>
<p>Leverage Offered &#8211;  Since Forex currency prices change at just fractions of a percentage each day it would not be very exciting to trade without leverage.  Brokers offer up to 500 times leverage to allow traders to make larger profits from the small currency price moves. </p>
<p>&nbsp;</p>
<p>Spreads on the Majors &#8211;  The Spread refers to the difference between the Bid and Ask price on the Major currency pairs.  The Major pairs are EUR/USD, USD/JPY, USD/CHF. And GBP/USD.</p>
<p>&nbsp;</p>
<p>Regulated By – the Securities and Exchange Commission tightly regulates The US Stock market.  In the Forex broker there are many different regulating bodies of different strengths and weaknesses.  Many brokers are regulated by different governing bodies and some are not regulated at all.</p>
]]></content:encoded>
			<wfw:commentRss>http://thetrademachine.com/blog/2009/10/22/broker-review-investtechfx/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Broker Review &#8211; ActivTrades</title>
		<link>http://thetrademachine.com/blog/2009/10/22/broker-review-activtrades/</link>
		<comments>http://thetrademachine.com/blog/2009/10/22/broker-review-activtrades/#comments</comments>
		<pubDate>Thu, 22 Oct 2009 16:55:01 +0000</pubDate>
		<dc:creator>royce</dc:creator>
				<category><![CDATA[Forex Brokers]]></category>

		<guid isPermaLink="false">http://thetrademachine.com/blog/?p=627</guid>
		<description><![CDATA[Activtrades – They are an interbank liquidity provider.  One of the top reasons to choose this broker is that they offer segregated accounts.  This protects the clients money similar to the FDIC in case the broker going bankrupt.
&#160;
Please feel free to comment below about your personal experiences with any of the brokers we [...]]]></description>
			<content:encoded><![CDATA[<p><strong>Activtrades</strong> – They are an interbank liquidity provider.  One of the top reasons to choose this broker is that they offer segregated accounts.  This protects the clients money similar to the FDIC in case the broker going bankrupt.</p>
<p>&nbsp;</p>
<p>Please feel free to comment below about your personal experiences with any of the brokers we have reviewed.</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<h2>The Breakdown</h2>
<p>&nbsp;</p>
<p><strong>Company Headquarters:</strong> UK</p>
<p>&nbsp;</p>
<p><strong>Metatrader Trading Platform:</strong> YES</p>
<p>&nbsp;</p>
<p><strong>ECN Broker:</strong> NO</p>
<p>&nbsp;</p>
<p><strong>Minimum Lot Size:</strong> $10,000</p>
<p>&nbsp;</p>
<p><strong>Leverage Offered:</strong> 1:400</p>
<p>&nbsp;</p>
<p><strong>Spreads on the Majors:</strong>  2-3</p>
<p>&nbsp;</p>
<p><strong>Regulated By:</strong> FSA</p>
<p>&nbsp;</p>
<p>(Glossary of the following terms are at the bottom of the review)</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<h2>Glossary</h2>
<p>&nbsp;</p>
<p><strong>Company Headquarters –</strong> This is the location that the Forex Broker has setup and registered their business.  This can have implications on deposit currencies allowed, how funds are held and withdrawn, as well as regulating agencies that can monitor their business.</p>
<p>&nbsp;</p>
<p><strong>Metatrader Trading Platform –</strong> This is the platform that is necessary to participate in automated trading with Expert Advisors.  If you plan to trade and EA you must be sure you select a broker that supports it.</p>
<p>&nbsp;</p>
<p><strong>ECN Broker –</strong> There has been a large increase recently in the offering of ECN Forex trading.  This is the ability to trade outside a single brokers price feed.  There are many advantages and disadvantages to trading with an ECN broker. You can read more about ECN Brokers in a previous article <a href="http://thetrademachine.com/blog/2009/10/05/ecn-trading-the-new-wave/" target="_blank">here</a>.</p>
<p>&nbsp;</p>
<p><strong>Minimum Lot Size –</strong> In Forex trading leverage is always used.  Therefore, position sizing is generally larger than a customers whole account balance.  The term Lot is used to describe the size of the trade.  A Standard Lot generally refers to $100,000 and is given a number value of 1.  A Mini Lot is $10,000 in size and is given a number value of .10  A Micro Lot is $1,000 in size and is given a number value of .01  A Nano Lott is $100 in size and is generally only offered by brokers that offer specific mini accounts.  Keep in mind some brokers offer mini trading accounts and the number value for a mini lot becomes 1 and a micro .10</p>
<p>&nbsp;</p>
<p><strong>Leverage Offered -</strong>  Since Forex currency prices change at just fractions of a percentage each day it would not be very exciting to trade without leverage.  Brokers offer up to 500 times leverage to allow traders to make larger profits from the small currency price moves. </p>
<p>&nbsp;</p>
<p><strong>Spreads on the Majors -</strong>  The Spread refers to the difference between the Bid and Ask price on the Major currency pairs.  The Major pairs are EUR/USD, USD/JPY, USD/CHF. And GBP/USD.</p>
<p>&nbsp;</p>
<p><strong>Regulated By –</strong> the Securities and Exchange Commission tightly regulates The US Stock market.  In the Forex broker there are many different regulating bodies of different strengths and weaknesses.  Many brokers are regulated by different governing bodies and some are not regulated at all.</p>
]]></content:encoded>
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		</item>
		<item>
		<title>FXDD Review</title>
		<link>http://thetrademachine.com/blog/2009/10/16/fxdd-review/</link>
		<comments>http://thetrademachine.com/blog/2009/10/16/fxdd-review/#comments</comments>
		<pubDate>Fri, 16 Oct 2009 21:51:52 +0000</pubDate>
		<dc:creator>royce</dc:creator>
				<category><![CDATA[Forex Brokers]]></category>
		<category><![CDATA[forex broker review]]></category>
		<category><![CDATA[FXDD]]></category>

		<guid isPermaLink="false">http://thetrademachine.com/blog/?p=554</guid>
		<description><![CDATA[FXDD – This is one of the more popular brokers, but I don&#8217;t understand why.  They have a large tendency to re-quote on prices when customers try to place an order.  This can become very frustrating.  Further, they are not regulated by any governing agency.
&#160;
Please feel free to comment below about your [...]]]></description>
			<content:encoded><![CDATA[<p><strong>FXDD</strong> – This is one of the more popular brokers, but I don&#8217;t understand why.  They have a large tendency to re-quote on prices when customers try to place an order.  This can become very frustrating.  Further, they are not regulated by any governing agency.</p>
<p>&nbsp;</p>
<p>Please feel free to comment below about your personal experiences with any of the brokers we have reviewed.</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<h2>The Breakdown</h2>
<p>&nbsp;</p>
<p><strong>Company Headquarters:</strong> USA</p>
<p>&nbsp;</p>
<p><strong>Metatrader Trading Platform:</strong> YES</p>
<p>&nbsp;</p>
<p><strong>ECN Broker:</strong> NO</p>
<p>&nbsp;</p>
<p><strong>Minimum Lot Size:</strong> $10,000</p>
<p>&nbsp;</p>
<p><strong>Leverage Offered:</strong> 1:100</p>
<p>&nbsp;</p>
<p><strong>Spreads on the Majors:</strong>  2-4</p>
<p>&nbsp;</p>
<p><strong>Regulated By:</strong> Unregulated</p>
<p>&nbsp;</p>
<p>(Glossary of the following terms are at the bottom of the review)</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<h2>Glossary</h2>
<p>&nbsp;</p>
<p><strong>Company Headquarters –</strong> This is the location that the Forex Broker has setup and registered their business.  This can have implications on deposit currencies allowed, how funds are held and withdrawn, as well as regulating agencies that can monitor their business.</p>
<p>&nbsp;</p>
<p><strong>Metatrader Trading Platform –</strong> This is the platform that is necessary to participate in automated trading with Expert Advisors.  If you plan to trade and EA you must be sure you select a broker that supports it.</p>
<p>&nbsp;</p>
<p><strong>ECN Broker –</strong> There has been a large increase recently in the offering of ECN Forex trading.  This is the ability to trade outside a single brokers price feed.  There are many advantages and disadvantages to trading with an ECN broker. You can read more about ECN Brokers in a previous article <a href="http://thetrademachine.com/blog/2009/10/05/ecn-trading-the-new-wave/" target="_blank">here</a>.</p>
<p>&nbsp;</p>
<p><strong>Minimum Lot Size –</strong> In Forex trading leverage is always used.  Therefore, position sizing is generally larger than a customers whole account balance.  The term Lot is used to describe the size of the trade.  A Standard Lot generally refers to $100,000 and is given a number value of 1.  A Mini Lot is $10,000 in size and is given a number value of .10  A Micro Lot is $1,000 in size and is given a number value of .01  A Nano Lott is $100 in size and is generally only offered by brokers that offer specific mini accounts.  Keep in mind some brokers offer mini trading accounts and the number value for a mini lot becomes 1 and a micro .10</p>
<p>&nbsp;</p>
<p><strong>Leverage Offered -</strong>  Since Forex currency prices change at just fractions of a percentage each day it would not be very exciting to trade without leverage.  Brokers offer up to 500 times leverage to allow traders to make larger profits from the small currency price moves. </p>
<p>&nbsp;</p>
<p><strong>Spreads on the Majors -</strong>  The Spread refers to the difference between the Bid and Ask price on the Major currency pairs.  The Major pairs are EUR/USD, USD/JPY, USD/CHF. And GBP/USD.</p>
<p>&nbsp;</p>
<p><strong>Regulated By –</strong> the Securities and Exchange Commission tightly regulates The US Stock market.  In the Forex broker there are many different regulating bodies of different strengths and weaknesses.  Many brokers are regulated by different governing bodies and some are not regulated at all.</p>
]]></content:encoded>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>ODL Securities Review</title>
		<link>http://thetrademachine.com/blog/2009/10/16/odl-securities-review/</link>
		<comments>http://thetrademachine.com/blog/2009/10/16/odl-securities-review/#comments</comments>
		<pubDate>Fri, 16 Oct 2009 21:48:33 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Forex Brokers]]></category>

		<guid isPermaLink="false">http://thetrademachine.com/blog/?p=552</guid>
		<description><![CDATA[ODL Securities
&#160;
Please feel free to comment below about your personal experiences with any of the brokers we have reviewed.
&#160;
&#160;
The Breakdown
&#160;
Company Headquarters: UK
&#160;
Metatrader Trading Platform: YES
&#160;
ECN Broker: NO
&#160;
Minimum Lot Size: $10,000
&#160;
Leverage Offered: 1:100
&#160;
Spreads on the Majors:  2-4
&#160;
Regulated By: LIFFE
&#160;
(Glossary of the following terms are at the bottom of the review)
&#160;
&#160;
Glossary
&#160;
Company Headquarters – This is the [...]]]></description>
			<content:encoded><![CDATA[<p><strong>ODL Securities</strong></p>
<p>&nbsp;</p>
<p>Please feel free to comment below about your personal experiences with any of the brokers we have reviewed.</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<h2>The Breakdown</h2>
<p>&nbsp;</p>
<p><strong>Company Headquarters:</strong> UK</p>
<p>&nbsp;</p>
<p><strong>Metatrader Trading Platform:</strong> YES</p>
<p>&nbsp;</p>
<p><strong>ECN Broker:</strong> NO</p>
<p>&nbsp;</p>
<p><strong>Minimum Lot Size:</strong> $10,000</p>
<p>&nbsp;</p>
<p><strong>Leverage Offered:</strong> 1:100</p>
<p>&nbsp;</p>
<p><strong>Spreads on the Majors:</strong>  2-4</p>
<p>&nbsp;</p>
<p><strong>Regulated By:</strong> LIFFE</p>
<p>&nbsp;</p>
<p>(Glossary of the following terms are at the bottom of the review)</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<h2>Glossary</h2>
<p>&nbsp;</p>
<p><strong>Company Headquarters –</strong> This is the location that the Forex Broker has setup and registered their business.  This can have implications on deposit currencies allowed, how funds are held and withdrawn, as well as regulating agencies that can monitor their business.</p>
<p>&nbsp;</p>
<p><strong>Metatrader Trading Platform –</strong> This is the platform that is necessary to participate in automated trading with Expert Advisors.  If you plan to trade and EA you must be sure you select a broker that supports it.</p>
<p>&nbsp;</p>
<p><strong>ECN Broker –</strong> There has been a large increase recently in the offering of ECN Forex trading.  This is the ability to trade outside a single brokers price feed.  There are many advantages and disadvantages to trading with an ECN broker. You can read more about ECN Brokers in a previous article <a href="http://thetrademachine.com/blog/2009/10/05/ecn-trading-the-new-wave/" target="_blank">here</a>.</p>
<p>&nbsp;</p>
<p><strong>Minimum Lot Size –</strong> In Forex trading leverage is always used.  Therefore, position sizing is generally larger than a customers whole account balance.  The term Lot is used to describe the size of the trade.  A Standard Lot generally refers to $100,000 and is given a number value of 1.  A Mini Lot is $10,000 in size and is given a number value of .10  A Micro Lot is $1,000 in size and is given a number value of .01  A Nano Lott is $100 in size and is generally only offered by brokers that offer specific mini accounts.  Keep in mind some brokers offer mini trading accounts and the number value for a mini lot becomes 1 and a micro .10</p>
<p>&nbsp;</p>
<p><strong>Leverage Offered -</strong>  Since Forex currency prices change at just fractions of a percentage each day it would not be very exciting to trade without leverage.  Brokers offer up to 500 times leverage to allow traders to make larger profits from the small currency price moves. </p>
<p>&nbsp;</p>
<p><strong>Spreads on the Majors -</strong>  The Spread refers to the difference between the Bid and Ask price on the Major currency pairs.  The Major pairs are EUR/USD, USD/JPY, USD/CHF. And GBP/USD.</p>
<p>&nbsp;</p>
<p><strong>Regulated By –</strong> the Securities and Exchange Commission tightly regulates The US Stock market.  In the Forex broker there are many different regulating bodies of different strengths and weaknesses.  Many brokers are regulated by different governing bodies and some are not regulated at all.</p>
]]></content:encoded>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>HOT SPOT FX Review</title>
		<link>http://thetrademachine.com/blog/2009/10/16/hot-spot-fx-review/</link>
		<comments>http://thetrademachine.com/blog/2009/10/16/hot-spot-fx-review/#comments</comments>
		<pubDate>Fri, 16 Oct 2009 21:40:08 +0000</pubDate>
		<dc:creator>royce</dc:creator>
				<category><![CDATA[Forex Brokers]]></category>

		<guid isPermaLink="false">http://thetrademachine.com/blog/?p=550</guid>
		<description><![CDATA[Hot Spot FX is a leading player in the ECN market.  They were one of the first to pipe in a ECN fed into the metatrader platform.  The only drawbacks to their service is that they can only trade standard lot sizes and the opening account minimum is $7,500
&#160;
Please feel free to comment [...]]]></description>
			<content:encoded><![CDATA[<p><strong>Hot Spot FX</strong> is a leading player in the ECN market.  They were one of the first to pipe in a ECN fed into the metatrader platform.  The only drawbacks to their service is that they can only trade standard lot sizes and the opening account minimum is $7,500</p>
<p>&nbsp;</p>
<p>Please feel free to comment below about your personal experiences with any of the brokers we have reviewed.</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<h2>The Breakdown</h2>
<p>&nbsp;</p>
<p><strong>Company Headquarters:</strong> USA</p>
<p>&nbsp;</p>
<p><strong>Metatrader Trading Platform:</strong> YES</p>
<p>&nbsp;</p>
<p><strong>ECN Broker:</strong> YES</p>
<p>&nbsp;</p>
<p><strong>Minimum Lot Size:</strong> $100,000</p>
<p>&nbsp;</p>
<p><strong>Leverage Offered:</strong> 1:50</p>
<p>&nbsp;</p>
<p><strong>Spreads on the Majors:</strong> As low as 1/2</p>
<p>&nbsp;</p>
<p><strong>Regulated By:</strong> CFTC and NFA</p>
<p>&nbsp;</p>
<p>(Glossary of the following terms are at the bottom of the review)</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<h2>Glossary</h2>
<p>&nbsp;</p>
<p><strong>Company Headquarters –</strong> This is the location that the Forex Broker has setup and registered their business.  This can have implications on deposit currencies allowed, how funds are held and withdrawn, as well as regulating agencies that can monitor their business.</p>
<p>&nbsp;</p>
<p><strong>Metatrader Trading Platform –</strong> This is the platform that is necessary to participate in automated trading with Expert Advisors.  If you plan to trade and EA you must be sure you select a broker that supports it.</p>
<p>&nbsp;</p>
<p><strong>ECN Broker –</strong> There has been a large increase recently in the offering of ECN Forex trading.  This is the ability to trade outside a single brokers price feed.  There are many advantages and disadvantages to trading with an ECN broker. You can read more about ECN Brokers in a previous article <a href="http://thetrademachine.com/blog/2009/10/05/ecn-trading-the-new-wave/" target="_blank">here</a>.</p>
<p>&nbsp;</p>
<p><strong>Minimum Lot Size –</strong> In Forex trading leverage is always used.  Therefore, position sizing is generally larger than a customers whole account balance.  The term Lot is used to describe the size of the trade.  A Standard Lot generally refers to $100,000 and is given a number value of 1.  A Mini Lot is $10,000 in size and is given a number value of .10  A Micro Lot is $1,000 in size and is given a number value of .01  A Nano Lott is $100 in size and is generally only offered by brokers that offer specific mini accounts.  Keep in mind some brokers offer mini trading accounts and the number value for a mini lot becomes 1 and a micro .10</p>
<p>&nbsp;</p>
<p><strong>Leverage Offered -</strong>  Since Forex currency prices change at just fractions of a percentage each day it would not be very exciting to trade without leverage.  Brokers offer up to 500 times leverage to allow traders to make larger profits from the small currency price moves. </p>
<p>&nbsp;</p>
<p><strong>Spreads on the Majors -</strong>  The Spread refers to the difference between the Bid and Ask price on the Major currency pairs.  The Major pairs are EUR/USD, USD/JPY, USD/CHF. And GBP/USD.</p>
<p>&nbsp;</p>
<p><strong>Regulated By –</strong> the Securities and Exchange Commission tightly regulates The US Stock market.  In the Forex broker there are many different regulating bodies of different strengths and weaknesses.  Many brokers are regulated by different governing bodies and some are not regulated at all.</p>
]]></content:encoded>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>MB TRADING Review</title>
		<link>http://thetrademachine.com/blog/2009/10/16/mb-trading-review/</link>
		<comments>http://thetrademachine.com/blog/2009/10/16/mb-trading-review/#comments</comments>
		<pubDate>Fri, 16 Oct 2009 21:34:06 +0000</pubDate>
		<dc:creator>royce</dc:creator>
				<category><![CDATA[Forex Brokers]]></category>

		<guid isPermaLink="false">http://thetrademachine.com/blog/?p=548</guid>
		<description><![CDATA[MB Trading – New to Forex, but not new to the industry.  MB Trading has been a premier stock trading brokerage for years.  They have recently added an ECN forex trading service.  Their customer support is top notch and they account handing is very professional.  They recently added the metatrader platform [...]]]></description>
			<content:encoded><![CDATA[<p><strong>MB Trading</strong> – New to Forex, but not new to the industry.  MB Trading has been a premier stock trading brokerage for years.  They have recently added an ECN forex trading service.  Their customer support is top notch and they account handing is very professional.  They recently added the metatrader platform and are one of the better choices out there.</p>
<p>&nbsp;</p>
<p>Please feel free to comment below about your personal experiences with any of the brokers we have reviewed.</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<h2>The Breakdown</h2>
<p>&nbsp;</p>
<p><strong>Company Headquarters:</strong> USA</p>
<p>&nbsp;</p>
<p><strong>Metatrader Trading Platform:</strong> YES</p>
<p>&nbsp;</p>
<p><strong>ECN Broker:</strong> YES</p>
<p>&nbsp;</p>
<p><strong>Minimum Lot Size:</strong> $10,000</p>
<p>&nbsp;</p>
<p><strong>Leverage Offered:</strong> 1:100</p>
<p>&nbsp;</p>
<p><strong>Spreads on the Majors</strong> As low as 1/2</p>
<p>&nbsp;</p>
<p><strong>Regulated By:</strong> CFTC, NFA, and FCM</p>
<p>&nbsp;</p>
<p>(Glossary of the following terms are at the bottom of the review)</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<h2>Glossary</h2>
<p>&nbsp;</p>
<p><strong>Company Headquarters –</strong> This is the location that the Forex Broker has setup and registered their business.  This can have implications on deposit currencies allowed, how funds are held and withdrawn, as well as regulating agencies that can monitor their business.</p>
<p>&nbsp;</p>
<p><strong>Metatrader Trading Platform –</strong> This is the platform that is necessary to participate in automated trading with Expert Advisors.  If you plan to trade and EA you must be sure you select a broker that supports it.</p>
<p>&nbsp;</p>
<p><strong>ECN Broker –</strong> There has been a large increase recently in the offering of ECN Forex trading.  This is the ability to trade outside a single brokers price feed.  There are many advantages and disadvantages to trading with an ECN broker. You can read more about ECN Brokers in a previous article <a href="http://thetrademachine.com/blog/2009/10/05/ecn-trading-the-new-wave/" target="_blank">here</a>.</p>
<p>&nbsp;</p>
<p><strong>Minimum Lot Size –</strong> In Forex trading leverage is always used.  Therefore, position sizing is generally larger than a customers whole account balance.  The term Lot is used to describe the size of the trade.  A Standard Lot generally refers to $100,000 and is given a number value of 1.  A Mini Lot is $10,000 in size and is given a number value of .10  A Micro Lot is $1,000 in size and is given a number value of .01  A Nano Lott is $100 in size and is generally only offered by brokers that offer specific mini accounts.  Keep in mind some brokers offer mini trading accounts and the number value for a mini lot becomes 1 and a micro .10</p>
<p>&nbsp;</p>
<p><strong>Leverage Offered -</strong>  Since Forex currency prices change at just fractions of a percentage each day it would not be very exciting to trade without leverage.  Brokers offer up to 500 times leverage to allow traders to make larger profits from the small currency price moves. </p>
<p>&nbsp;</p>
<p><strong>Spreads on the Majors -</strong>  The Spread refers to the difference between the Bid and Ask price on the Major currency pairs.  The Major pairs are EUR/USD, USD/JPY, USD/CHF. And GBP/USD.</p>
<p>&nbsp;</p>
<p><strong>Regulated By –</strong> the Securities and Exchange Commission tightly regulates The US Stock market.  In the Forex broker there are many different regulating bodies of different strengths and weaknesses.  Many brokers are regulated by different governing bodies and some are not regulated at all.</p>
]]></content:encoded>
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</rss>

