Welcome to Forex Advice...

ADVANCED FOREX INTL (AFXI)

Click here for our recommended forex clearing firm   "who we consider the best"

What Is "Forex"?
Forex, or FX, stands for the foreign exchange market. This is a 24-hour market in which currencies are traded in cash, which is known as a spot market. There is no central, standard trading center, such as, a stock exchange. Instead, trade is conducted "over-the-counter" via an international network of dealers. Further details are covered in Forex Advice.

Characterized by high liquidity and almost instantaneous transactions, forex has mushroomed into a $1.5 trillion a day marketplace. This extraordinary volume dwarfs others: $50 billion daily for equities, and $30 billion daily for the futures market. As discussed in Forex Advice, this forum involves great risk, so naturally, significant losses are possible. The draw, however, is the potential for great profits.

Is Forex Trading For You?
Until recently, the forex market was confined to larger traders: major, international commercial and investment banks; international corporations; international money brokers; currency traders. When the United States went off the gold standard in 1971, investors immediately recognized new opportunities for making profits. Every year, more companies start up that cater to smaller institutions and investors so they may participate in spot forex trading.

Disclaimers from these companies make clear that forex trading is for the financially sophisticated investor, a point made clear in Forex Advice. A prime factor to take into account before participating in the spot market is your temperament. A risk-aversive customer is not suitable for this marketplace. You should consider not only your experience in the investment world, but your objectives, and your capacity to absorb financial losses. Certainly, you should never invest any amount of money you cannot afford to lose.

Commodity Futures Modernization Act of 2000
The Commodity Futures Trading Commission (CFTC) is an entity of the federal government that has jurisdiction over registered and unregistered firms offering foreign currency futures to the general ("retail") public. The Commodity Futures Modernization Act of 2000 (CFMA) makes this authority clear. This federal law became necessary because of the increasing solicitation of the general public to participate in currency trading.

The Commission not only regulates firms engaged in the spot forex market, but also issues clarifications of the legal responsibilities of brokers who make offers to the general public. Recognizing that off-exchange trading is a new investment area for an inexperienced public, the Commission publishes consumer alerts. The Commission has recently warned the general public about various scams and frauds, usually offered via television, radio, and newspaper ads, and on the Internet.

Forex Advice: Be Informed
Any legitimate firm offering services to participants in spot forex trading warns of the risks involved, which are discussed throughout Forex Advice. Legal, ethical firms are registered with the CFTC with some such designation as, commodity pool operator (CPO), and, commodity trading advisor (CTA). The CFTC warns consumers to scrutinize the background of the firm and the firm's traders.

Forex Advice presents information gathered from the CFTC, and from experienced spot forex firms that service their clients with integrity. The federal Commission advises consumers--before they make purchases in the volatile forex market--to contact the Commission on its website. Before you entrust your funds to any firm, investigate to see if the firm is registered with the National Futures Association (NFA). This is the message from the CFTC and Forex Advice: a smart consumer is an informed consumer.

2 pip spreads on ALL MAJORS
2 pip spreads on ALL MAJORS, 1 pip spreads, 2 pip spreads. Straight pass-through dealing, no slippFinanage or skuing, no dealing desk, automatic trading. Forex Brokers
Forex Brokers believes forex trading platforms to be honest and reliable in Forex. Most forex broker, no matter what has been promised or written, most likely manipulates the feeds to make a profit. More info >The Difference, 1 pip spreads, 2 pip spreads. The most common business practice used by successful individuals, is to cut out the middle man when at all possible. Up into recently, forex trader's with less than 1-3 million US had to trade with Forex Brokers, obviously creating a huge market for forex, Forex Brokers to take advantage of. 1 pip spreads, 2 pip spreads. Brokers Corp. gives us the opportunity to trade directly on a US bank feed, slippage free. There are many Forex Brokers out there deceiving traders into thinking they have interbank rates with low pip spreads, which is just not true. First of all, Forex Brokers get 2-3 pip spreads just like we do, they offset clients trades with financial institutions around the world using platforms provided by such, in return they provide the client with there own proprietary platform which can be manipulated on the Forex Brokers side creating slippage, which is how Forex Brokers make profits. Pip spreads are obsolete with Forex Brokers, and only stands ground with either world banks that have access to the EBS (Electronic Banking System), or financial institutions that use a streaming price quote connected with the interbank as a pass-through such as Brokers Corp... To explain it a little better, Forex Brokers have a certain amount of risk to offset throughout the trading day, they do this by taking the same trade that the client is taking, except they are trading directly with the bank. For example, let's say you take a long position in eur/usd @ 2040 on the Forex Brokers platform, the broker then takes the same trade on the bank's platform, eur/usd moves up to 2070 on the banks platform, the broker might only show you 2065 on there platform, hence the term slippage. This show that the broker controls the price that is given to you, this is why they are regulated by FCM as a market maker, for they can make the market what ever they see fit to control their risk, however with new software that is available today, slippage to control risk is no longer necessary, so the role the broker is playing is based on greed alone. Regardless what the spread is, even 1 pip spreads, the broker still controls the price that is given to you, and is most likely to be different than the next trader who is also trading on the same platform. Brokers Corp. prices are streamed out to everyone at the same time, making it impossible to slip, this same feed is also what is given to the Forex Brokers to offset their clients positions as well. There will always be dishonest people in this world who manipulate words as well as their business practices, and such can be found on many Forex Brokers web sites. Brokers Corp. gives the trader an interbank rate 100% of the time never deviating from such unless notification has been given which then the trader has a choice whether to trade during a non-interbank session. We believe this to be the best trading environment in forex, as well in giving all our clients access to free trading tools enabling for profitable trading.Register for Free Demo Live Trading Applications Windows Trading PlatformFree Trading System 1 pip spreads, 2 pip spreads. Let me introduce to you a complete trading system, Forex Brokers offers the tools needed to be successful in this ever growing market, which includes trading with Brokers Corp., on a streaming quote pass-through to the interbank. 1 pip spreads, 2 pip spreads. Most traders do not understand the inner workings of forex, making them a prime candidate for Forex Brokers to take advantage of the average trader. These introductory pages highlight many areas in the forex community that are hidden from investors to benefit Forex Brokers and further their profits. 1 pip spreads, 2 pip spreads. We also introduce ourselves and show you, the investor and trader, what a relationship with us and our business associates will provide. Forex broker providing Foreign Exchange (Forex) Trading - 1 pip spreads, 2 pip spreads Forex Trading Signals. 1 pip spreads, 2 pip spreads.Forex Brokers offers free Intellicharts and Trading Signals for every client trading through us. 500.00 Minimum for Trading Signals, 25,000.00 Minimum for both Trading Signals and Intellicharts. If you are already trading with Brokers Corp., and want to utilize our free trading tools, just fill out a new application, and we will have you transferred over immediately. IntellichartsIntellicharts is a free service provided by Forex Brokers for all clients with regularly traded forex trading account's (25k+). Intellicharts is a unique charting package with more than 25  indicators helping the user trade successfully.  Our version of Intellicharts uses a Comstock feed giving both offered, and settled price's for all individual currency pairs (Forex Brokers sometimes uses their own feed manipulating the price shown on the charts so it will match the price given on their platform simulating an interbank rate. Once again, using trickery). When compared to quotes given on Brokers Corp. platform, you should see that the settled price is the same, however offered prices will sometime show small spikes on the charts without reflecting such on the trading platform. 1 pip spreads, 2 pip spreads. Whenever an offer is accepted by another financial institution on the network (EBS), the price then becomes settled, and will reflect such on Brokers Corp. platform. This comparison shows that Brokers Corp. quotes are in fact a true interbank rate without any possibility of slippage. Questions regarding this issue should be directed to info@Forex Brokers.com or call (800) 40-FOREX.AccountsAll accounts are to be open with 500.00 plus, to receive our services. All trading accounts are based on 10k lots with 100:1 leverage. 2 Pip Spreads Brokers Corp. offers a true 2 pip spread on all major currency pairs that will not deviate from interbank pricing at any time. Unlike market makers who can deviate from interbank pricing to better their profits, Brokers Corp. maintains an interbank pass-through relationship with all of it's clients offering 2 pip spreads on all major currency pairs without the slippage commonly seen with other Forex Brokers. We believe this to be the very best trading environment in forex today, and the only trading platform known to forex that will never deviate from true interbank pricing. (because of this Brokers Corp. charges a mere .50 transaction fee, which are profits generated from clients trades offsetting the extremely low spreads offered by Brokers Corp. [AMIFX utilizes streaming pass-through processing dealing on true inter-bank quotes, unlike other Forex Brokers who advertise STP feeds, that still practice manipulation to gain added profits]. We are confident in our transparency that we encourage our clients to compare our quotes with Reuters or Bloomberg at any time during an active trade] We recommend that you browse our site for there is excellent information regarding how Forex Brokers deceive their clients with low advertised pip spreads regardless of advertised STP feeds. Also see this example we have illustrated for you.  See our FAQ page for commonly asked questions. GB...John Fowler"I believe that he gave you an awesome gift and you would have to agree because no one can get in and out of trades like you do. It cant be pure chance or luck because you do it so consistently, and I'm not just saying that because everyone else I know who follows your trades says the same.". 1 pip spreads, 2 pip spreads. FXProfit"Forex Brokers has an extraordinary system for trading forex, they offer a complete profitable trading environment that is second to none, honesty, integrity, and leadership one could expect, protecting from the many negative experiences one could endure in a market such has the foreign exchange. 1 pip spreads, 2 pip spreads Forex has simply made it completely senseless to trade anywhere's else. Finally a company that gives back".Bill Parsons"I have used many forex Forex Brokers in the past, and never once been satisfied until now. 1 pip spreads, 2 pip spreads. Forex Brokers delivers the real deal, sincerity that one can trust". Frank Acosta"Please let my testimony be heard, for I have used many Forex Brokers, and dealt with many traders who have suffered the same dilemma. Too many Forex Brokers with too many empty promises, I almost gave up. I found Forex Brokers, and since I have never looked back, take it from a trader who's been around the block, 1 pip spreads, 2 pip spreads. Forex Brokers has got it going on". Peter Sens"You where right about using a broker to trade forex, I used the Brokers Corp. charts as a reference, and was off more than 2 pips every single trade, sometimes even 5. I should of listened, and saved myself a few thousand dollars, It was an expensive lesson". Disclaimer: The above testimonials are from comparable clients.Forex Brokers/Brokers Corp. Trading BenefitsWhat A Positive Trading Environment Looks Like