The Day Trade Forex System - How to Choose An Online Forex Brokerage Firm

Released on = March 14, 2007, 4:52 am

Press Release Author = Day Trade Forex, LLC

Industry = Small Business

Press Release Summary = What to look for in an online Forex Brokerage Firm. The
goal of the Day Trade Forex System is to instruct and teach potential traders how to
day trade the currency markets and what to look for in an online forex brokerage.



Press Release Body = What to look for in an online Forex Brokerage Firm:

1. Low Spreads: In Forex Trading the 'spread' is the difference between the buy
and sell price of any given currency pair. The lower the spread saves the trader
money. Most firms offer 4-5 pip spreads in the Major Currency pairs. The best firms
offer clients 3-5 pips.

2. Low minimum account openings: For those that are new to trading, and for those
that don't have thousands of dollars in risk capital to trade, being able to open a
mini trading account with only $200 is a great feature for new traders.

3. Instant automatic execution of your orders: This is very important when
choosing a Forex firm. You want instant execution of your orders and the price you
see and 'click' is the price that you should get. Don't settle for a firm that
re-quotes you when you click on a price or a firm that allows for price 'slippage'.
This is very important when trading for small profits.

4. Free charting and technical analysis: You need a firm that gives you access to
the best charting and technical analysis available to active traders. The firm that
I recommend gives clients FREE professional charting services and even allows
traders to trade directly on the charts!

5. High Leverage: You want high leverage-the ability to trade a large amount with
a small margin deposit. Some of the best firms offer .25% or 400:1 leverage.

After a lot of research and personal experience, the firm that we recommend with the
above-mentioned benefits is Capital Markets Services LLC (CMS Forex LLC).

Open a free unlimited demo account and start practicing!

The goal of the Day Trade Forex System is to instruct and teach potential traders
how to day trade the currency markets and what to look for in an online forex
brokerage.

The Day Trade Forex System is specifically designed for use with the 1, 5 or 10-15
minute charts, with the goal of taking 5-30 pip profits per trade - closing bad
trades out using tight stops, or hedging any losing trades. The ability to trade
right off the charts makes the CMS trading platform our favorite.


Visit: http://www.daytrade-forex.com

for examples of actual trades using the Day Trade Forex Trading System. Learn how
easy it is to trade the lucrative forex market from your home pc.


Erol Bortucene and Cynthia Macy are co-authors of \'The Day Trade Forex System: The
Ultimate Step-By-Step Guide To Online Currency Trading\'. They have over 19 years
experience trading futures, stock options and foreign currencies, have written three
forex training ebooks and are considered expert forex traders and trainers.


For more comprehensive trading information, visit their other websites:

http://www.1000tradingwords.com
http://www.successtrading2000.com
http://www.professionalforextradingonline.info
http://www.daytradeforex.com/products.htm
http://www.shortterminvestingsite.com


PS. Are you an affiliate of ours yet? Did you know
that we offer three forex trading ebooks that you can
earn 40% for promoting?

http://www.daytradeforex.com/affiliate2.htm




Web Site = http://www.daytradeforex.com/products.htm

Contact Details = Cynthia Macy or Erol Bortucene||2424 Pioneer Ave. Suite
405||Cheyenne ,
82001||$$country||||928-639-1330||daytradeforex@daytradeforex.com||http://www.daytradeforex.com/products.htm

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