Released on = March 29, 2006, 2:52 pm

Press Release Author = Day Trade Forex, LLC

Industry = Small Business

Press Release Summary = 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 with 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.

6. Hedging Capability
You want the flexibility of opening positions on the same currency pair in opposite
directions without them eliminating each other and without margin increase!

7. A realistic demo account trading capital balance that reflects the actual dollar
amount that the trader will start live trading with. It does the demo trader no good
to start out demo trading with a $50,000 account, when in real life he will only
start out with $1,000. A forex brokerage needs to offer the trader a demo account
starting balance other than the standard $50,000.

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

Open a free unlimited demo account and start practicing today!

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.

About the Author
Cynthia Macy is the co-author of 3 forex training e-books:
http://www.daytrade-forex.com
For more comprehensive forex trading information, visit her other websites at:
http://www.professionalforextrading.info
http://www.successtrading2000.com/forex
http://www.shortterminvestingsite.com



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