Bank finance articles and tips

When choosing a Forex broker to trade with on the foreign currency markets there will probably be a number of criteria on which you base your decision. For example the dealing platform offered by the broker, the currency spreads and even the educational materials provided by the broker will probably all factor into your decision. However the most vital requirement that many new traders overlook is to ensure that the account they open is with a regulated Forex broker.

Not every broker on the market is regulated. In fact to become officially regulated a Forex broker must seek to join a regional financial authority. These bodies oversee the activities of member brokers in their region and ensure that they run their operations in line with a set of stipulated guidelines as set out by the regulator in the region....