After knowing a little bit about forex, maybe you can't wait to start adventuring.
Before you go, you need one more thing... REAL Account of the Platform!
Of course, we want you to work with a broker who provides services for your trading needs with certain things in mind!
First, review how you find out the ins and outs of a broker.
Call it maybe from the Internet, YouTube, Facebook, Netflix, BabyPips.com ... impressive!
But what we want to talk about is the biggest offering in the world of investing for forex addicts like us which is Retail Forex Trading!
In fact, forex addicts would probably never exist without an online forex broker.
In the 90s, it was much more difficult to participate in the retail forex market due to high transaction fees.
At that time, under strict regulations, the Government controlled every currency exchange and restricted trading activities. After some time, the CFTC appeared which corrected government regulations to provide space for trading activities.
They discussed several regulations, namely the Law on Commodity Exchange and the Futures Contract Modernization Act, and opened the door for online forex brokers in the future.
Almost everyone in the world has internet access today, so it is fairly easy and convenient to open a trading account with an online forex broker.
Currently online forex brokers are starting to appear in various countries, which encourage them to take advantage of the booming trading activities.
But with so many options out there, it can be a little tricky to tell the difference between a legal and an illegal broker.
This is not a joke, in fact there are illegal brokers also known as bucket-shops, we will discuss them later.