What is a reliable Forex?

Since the broker is simple - after reading ratings and reviews reliable Forex Brokers, easy to determine the choice of dealing center. Positive feedback (at most, at 100% of their never - dissatisfied customers enough), good reputation, a large number of customers, well-designed website, easy to navigate - all this speaks in favor of the choice of the given broker.

We should focus on the technology of open orders (orders). Which affects the speed of execution of your application, and, most importantly, the price of entry into the market. Identified a number of options: STP, ECN, NDD.

Technology STP (an abbreviation of Straight Through Processing, from English. Literally "straight through processing") is an indirect part in the withdrawal of broker client positions on the stock exchange, and transfer their orders to the contractors (that banks or financial groups). Given that the latter, as a rule, are major players and proven forex market and orders are executed almost immediately - it's a good option for the client DC.

ECN (electronic communication network, Electronic Communications Network) - less reliable than STP method of execution of applications. Broker creates a marketplace, where and made buying and selling currencies. Participants - banks, big companies and some traders. Forex transactions are carried out at the market price determined by the value and supply and demand, it is often synchronized with the prices of the major stock exchanges Forex.

One of the advantages of trading in ECN - Playground often works on weekends and / or holidays, is not dependent on the major financial exchanges, which means that participants are free to make foreign exchange transactions. ECN platforms always have a commission, which is the profit of the broker.

NDD (trade without a broker, No Dealing Desk) is the best option on the currency exchange as the client has direct access when dealing desk brokers are not used.

Trading on the NDD, trader avoids delays in the implementation of orders and can respond more quickly to changes in the exchange rate. That is why many people choose reliable Forex Brokers with this type of order execution. When this card is any additional commission or increased spread.

Known reliable Forex broker Forex4you offers its customers two types of order execution: DDE and NDDE. In the first case, the transaction is processed dealer providing quotes. Trader sends a request and gets in the queue for processing it. Dealer compares the prices of the request and the price of the supplier, and then takes the request of the trader.

When NDDE transaction processed without the dealer. Trader has direct access to the exchange, where, thanks to a major liquidity providers receive a better price. Applications will be made instantly, no re-quotes or long queues.

As you can see, a reliable Forex is possible and quite real. Its reliability is determined by the trust in your broker and your level of professionalism. Choosing the best way to order execution, improving their skills and constantly working on a trader will always receive stable profit on Forex. We sincerely wish you find your reliable Forex!

Remember that the gains from trade is highly dependent on you have chosen a broker!