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        <title><![CDATA[Forex Brokers Reviews - Forex Rate it!]]></title>
        <description><![CDATA[www.Forex-RateIt.com]]></description>
        <link>http://www.forex-rateit.com/</link>
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                <guid isPermaLink="false">9362-142</guid>
                <title><![CDATA[Gallant Capital Markets Review: Gallant Capital Markets Review]]></title>
                                <link>http://www.forex-rateit.com/forex-brokers-reviews/gallant-capital-markets.html</link>
                <description><![CDATA[
                                    <img src="http://www.forex-rateit.com/images/stories/jreviews/tn/tn_9362_list_gallant_1316152862.jpg"  align="right"  />                                Gallant Capital Markets is a leading forex trading platform that caters to the needs of both private and institutional traders. GCMFX enables traders to utilize its proprietary Straight-Through-Processing technology; thus, providing excellent liquidity and access to a wide suite of sophisticated trading tools.

Some other key features of Gallant Capital Markets are:

Ease of Application

Opening a live account with GCMFX is swift and easy. The site’s design is clean and the application form itself is simple, making it easy to finish the requisite steps within minutes. The application process entails submitting a one-page form with a valid ID, which can be driver’s license, passport, state ID or the voter registration card.

Multiple Trade Options

In addition to the 60-days demo account, GCMFX offers three different account types. These accounts offer variable spreads, and can be funded in six currencies- USD, EUR, AUD, GBP, CAD and HKD. The spreads on standard accounts start at 0.5 pips. For the mini accounts it begins at 1 pip. Traders who make a deposit of $50,000 can make use of spreads starting at 0.2 pips. Gallant Capital Markets offers 47 currency pairs, making it an ideal choice for traders who seek to branch out of the majors and invest in exotics.

Customer Support

GCMFX’s customer support center offers 13 different ways to get in touch with the company’s executive. Phone support is provided in eight country codes. Traders can also choose to send emails, directed to the relevant department, to get the quickest responses. Gallant Capital Markets offers live chat 24/5. General inquiries are entertained between 9am to 5 pm EST, while emergency trading questions are addressed at all times. 

Superior Trade Assistance

GCMFX offers an incredible collection of Expert Advisor (EA) scripts. These can be directly downloaded from the website, and their configuration and installation process is fairly easy. Gallant Capital Markets also updates its news regularly, unlike some other broker websites. All the news stories and technical analysis are collated in a single list. While this may make it tedious to find relevant content, it can be beneficial as it forces the traders to get a wider view of the markets. New traders can also take advantage of GCMFX’s Trading Handbook, which contains a comprehensive explanation of the trade process.

Finally, Gallant Capital Markets maintains multiple payment options, including credit cards, wire transfer and MoneyBookers. This facilitates much easier trade execution. 

                ]]></description>
                <category><![CDATA[Forex Brokers Reviews]]></category>
                <pubDate>Fri, 16 Sep 2011 00:00:00 +0000</pubDate>
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                <guid isPermaLink="false">2659-138</guid>
                <title><![CDATA[Markets.com Review: Markets.com review]]></title>
                                <link>http://www.forex-rateit.com/forex-brokers-reviews/marketscom.html</link>
                <description><![CDATA[
                                    <img src="http://www.forex-rateit.com/images/stories/jreviews/tn/tn_2659_list_markets.com_1309153463.jpg"  align="right"  />                                Markets.com serves clients from more than 100 countries, and is operational in 15 languages. Currently, it has offices in UK, France, Germany, Poland, Romania and Russia. Boasting of 100% client growth, Markets.com received the Fastest Growing Broker Award in 2010. 

Some key benefits of opening an account with Markets.com are:

Comprehensive Trading Support Services

The Markets.com website is well-designed, with clearly marked informative and easy navigation. The website has a comprehensive range of basic educational material to aid new traders to foreign exchange.  It covers everything from trading basics to fundamental and technical analysis. Novice traders can also take the benefits of a free demo account for one month, with $100,000 demo money. For more experienced traders, Markets.com offers information on different technical analysis methods, which covers topics like support and resistance, chart types, chart patterns, Elliott Wave Theory and Fibonacci retracements. 

Convenient Deposits and Withdrawals

Markets.com has flexible account deposit options. Traders can transfer funds through debit or credit cards, including any MasterCard, Visa or Diners' Club card. It is also open to wire transfers and other local transfer options (with prior agreement between the firm and the client. 
Withdrawal of funds is initiated after the client submits a form to Markets.com. Credit card withdrawals take place instantly, while other mediums may take a maximum of 3 days. No commission is charged by the broker for the deposit and withdrawal process.

Friendly and Accessible Customer Support

Markets.com maintains an excellent customer support system, which is available in 25 countries with local phone numbers for easier access. In addition to hosting the live chat functionality on the website, the multi-lingual staff of markets.com responds to customer queries promptly around-the-clock on all business days.

Finally, Markets.com ensures compliance with forex standards as it is regulated by two regulatory bodies- UK's FSA and CySec of Cyprus. Moreover, Markets.com takes strict measures to keep client account and personal information secure, by using advanced data protection techniques, such as SSL and robust firewalls.
                ]]></description>
                <category><![CDATA[Forex Brokers Reviews]]></category>
                <pubDate>Mon, 27 Jun 2011 15:00:00 +0000</pubDate>
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                <title><![CDATA[HY Markets Review: HY Markets Review]]></title>
                                <link>http://www.forex-rateit.com/forex-brokers-reviews/hy-markets.html</link>
                <description><![CDATA[
                                    <img src="http://www.forex-rateit.com/images/stories/jreviews/tn/tn_2420_list_hymarkets_1304181322.jpg"  align="right"  />                                HY Markets has its head office in London, and branch offices in Dubai and Hong Kong. It deals in about 13 currency pairs, with pip values as low as 3 pips for certain majors. Additionally, traders can invest in oil, gas, metals, stocks and commodities with HY Markets. Maximum Leverage of 200:1 is offered on all account types. 
Some other key features of HY Markets are:

Multiple Account Types

It offers three types of accounts:
• Mini- This requires a minimum deposit of $50 and the minimum trade size is 2,000 units.  
• Standard- The minimum deposit required is $750, and the smallest executable trade size is 10,000 units.
• Premium- This account can be accessed with a minimum deposit of $2,500 and trade size of 100,000 units.

Advanced Online Trading Platform

One of the most notable features of the HY Markets service is their easy-to-use online trading platform. The web-based platform integrates charting, live tradable prices, market commentary and real-time news. Complex account information can be viewed in an all-in-one revolutionary interface. You can also start trading within 5 minutes.

Comprehensive Product Offering 

Most online trading platforms provide just forex trading, HY Markets’ clients can take advantage of a comprehensive product offering, which can be traded with a single account. This access to different markets enables traders to take advantage of diverse markets and minimize the risk of their investment by diversifying their investment portfolio.

Clients of HY Markets also have a competitive edge as the platform accompanies live prices, market information, Dow Jones news and superior charting systems. 

Ease of Use

Registering as a user on the HY Markets’ website is quite easy, with a simple one-page form. Traders are simply asked for their name and contact number. It is not mandatory to supply the details of residence at the time of registration. On filling the form successfully, traders can review the HY Trader and fund their account via Visa, MasterCard, PayPal, IPS or bank transfer.
 
Customer Service

The customer support team at HY Markets is available 24 hours a day on all working days, across all time zones. HY Markets can be contacted in four ways- email, online chat, phone and request for callback. Overall, the HY Markets live support staff provides speedy responses and insightful information. 
                ]]></description>
                <category><![CDATA[Forex Brokers Reviews]]></category>
                <pubDate>Sat, 30 Apr 2011 21:40:00 +0000</pubDate>
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                <guid isPermaLink="false">1277-112</guid>
                <title><![CDATA[4XP review: 4XP review]]></title>
                                <link>http://www.forex-rateit.com/forex-brokers-reviews/4xp.html</link>
                <description><![CDATA[
                                    <img src="http://www.forex-rateit.com/images/stories/jreviews/tn/tn_1277_list__4xp_1293917260.jpg"  align="right"  />                                4XP, also known as Forex Place, is an emerging forex trading platform. The platform provides traders with over 50 currency pairs to choose from through the Metatrader 4 platform. The typical spread of the major currency pairs offered by 4XP is 3 pips. Some other key features of the online trading platform are:

Competitive Trade Facilitators
An important aspect in which 4XP stands out from several other online forex platforms is its leverage, which is 300:1. 4XP allows scalping and hedging, enabling traders to optimize their trade and maximize their profitability through a combination of different strategies. 

Robust Customer Support and Education Center

4XP offers responsive and helpful customer support (24/6) through phone, email and live chat. Additionally, 4XP offers several educational courses, and also provides live training. Daily market analysis and economic calendar, known as Live Dealing Room, are some other resources provided by 4XP. The live room provides a forum-like experience, enabling traders to ask questions, offer solutions and communicate with other traders and Forex experts.

Multiple Account Types

4XP offers multiple account types to suit the needs and risk appetites of novice and professional trades:

• The Classic account: This offers fixed spreads and gives traders the option to open a mini account for trading smaller lots. The classic account offers a guaranteed stop loss and supports hedging and scalping.
• ECN account type: This provides a lot commission of $3.50, floating spreads, an optional mini account and a leverage of 1:150. The ECN account accepts the use of Robotic trading as well as Expert Advisors.
• Demo account: Traders hesitant to commit real money on the forex can start with a demo account at 4XP. The platform offers a free $50,000 demo account to traders, enabling them to practice their strategies and gain confidence to trade real time.
• Mini account: This is an ideal option for part-time traders and those with limited resources. A 4XP mini account enables to participate in forex real time with a minimum deposit of $500. 

Additionally, 4XP offers a range of funds that can be traded on low as well as aggressive risk profiles. This includes forex majors, commodities, binary options and gold exchange fund.
 
Speedy Deposits

Depositing with 4XP is relatively simple and speedy as the platform accepts all major credit cards, Moneybookers, wire transfers and Neteller.

                ]]></description>
                <category><![CDATA[Forex Brokers Reviews]]></category>
                <pubDate>Sat, 01 Jan 2011 21:27:42 +0000</pubDate>
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                <guid isPermaLink="false">1078-103</guid>
                <title><![CDATA[FxPro review: FxPro review]]></title>
                                <link>http://www.forex-rateit.com/forex-brokers-reviews/fxpro.html</link>
                <description><![CDATA[
                                    <img src="http://www.forex-rateit.com/images/stories/jreviews/tn/tn_1078_list_fxpro_1291391126.jpg"  align="right"  />                                With over 70 currency pairs available for trading, FXPro offers multiple currency denomination accounts, including USD, GBP, EUR, JPY and CHF. FxPro is recognized for its low-fractional dealing spreads, which start from 0.5 pips. In 2009, FxPro was named ‘Europe’s Best Forex Broker’ by the World Finance magazine. Some other key features of the online trading platform are:

Multiple Trading Platforms

With real-time analytics and charting, FxPro offers a range of trading platforms for experienced as well as novice traders:
• FxPro MetaTrader4 – Downloadable MT4 client terminal platform
• FxPro xTrader – Downloadable ECN platform
• FxPro WebTrader – Web-based trading platform support by all major browsers.
• MT4 MultiTerminal – Platform for asset managers to trade through multiple accounts
• FxPro Mobile Platforms  (MT4 Mobile, Smartphone, iTrader for iPhone and b Trader for BlackBerry smartphones)

FxPro xTrader is the proprietary trading platform of this company. It allows trading through Electronic Communication Network (ECN) for high speed, multi-bank liquidity and flexible leverage. Powered by smart technology, this platform offers single click execution, trading from charts and Level II pricing with full market depth. Broker commission for this platform is as low as $30 per $1 million traded.

Superior Charting Capabilities

FxPro’s trading platforms provide exclusive market news, enabling to identify emerging trends in real time. Besides, traders get forex news and updates from industry leaders, including Trading Central and Dow Jones, and comprehensive technical analysis on multiple financial instruments, including shares, futures, metals and indices.
Additionally, FxPro maintains a dealing desk, which helps to perform the following tasks:
• Monitor and quote prices
• Compare prices with other market participants 
• Monitor spreads
• Maintain systems operations
• Offer up-to-the-minute news and analysis
• Provide customer service

Demo Accounts

In addition to a full-service trading account, FxPro offers a demo account to enable traders to explore its platform. With a US$100,000 MT4 demo account, novice traders can explore forex trading and enhance their knowledge. However, there is no trading limit on FxPro xTrade ECN demo account.  With a demo account users can easily track the performance of their short-term and long-term strategies, without any obligation or risk. Moreover, the demo account accompanies analytic charts and tools that are used by active traders, thereby enabling to get a feel of the real trading world.

Dynamic Customer Support

Some features of FxPro’s versatile support system are:
• 24 hour customer service, 5 days a week
• Multiple support channels - Phone, fax, call back, email and live chat support
• Over-the-phone trade 
• Less that 24 hours email response time
• Multiple representative offices, including  London, Vienna  Athens and  Moscow
• Several customer support languages, including English, French, Italian, German, Chinese, Japanese, Arabic and Korean

FxPro has been honoured with multiple awards for three years consecutively. 
• Most innovative company in Cyprus 2010
• Fastest Growing Global Forex Broker 2010 by World Finance Magazine
• Best Global Trading Platform 2010 by World Finance Magazine
• Best Forex Broker 2009 by World Finance Magazine
• Best Forex Broker 2008 by CEO Magazine

Finally, FxPro offers privilege services to its clients. This includes the “VIP client status” for traders with over a US$ 25,000 deposit. Sport sponsorships to popular Football, F1 and rally events are another key privilege feature offered to FxPro clients.
                ]]></description>
                <category><![CDATA[Forex Brokers Reviews]]></category>
                <pubDate>Fri, 03 Dec 2010 15:24:12 +0000</pubDate>
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                <guid isPermaLink="false">1067-101</guid>
                <title><![CDATA[UFXBank review: UFXBank review]]></title>
                                <link>http://www.forex-rateit.com/forex-brokers-reviews/ufxbank-review.html</link>
                <description><![CDATA[
                                UFXBank boasts more than 40 currency pairs and even facilitates commodities trading. With a minimum deposit of only $100, UFXBank is one of the best options for low budget traders and beginners. Note that the leverage provided by UFXBank is capped at a low of 100:1.  Also, the higher the leverage you opt for, the greater the risk you bear. Some other key features of the online trading platform are:

Great Selection of Payment Options

UFXBank accepts deposits through multiple modes, including PayPal, NeTeller, WebMoney, MoneyBookers and WesternUnion. UFX also recognizes payments with all the major credit cards, including Visa, Mastercard and DinerClub. UFX does not support American Express at present. 

Dedicated Customer Care

UFX provides 24-hour customer support and offers a wide range of customer features and trading tools. Upon registering with UFX, clients have ready access to the broker’s professional support staff, who are available through the day. The experts provide in-depth analysis as well as advice on executing trades. UFXBank also provides the option of online chatting with a UFX representative or requesting a call back to learn about the benefits and risks of forex trading even before you become a client.

Comprehensive Beginner Support

UFXBank has a unique approach to catering to the needs and requirements of beginners. UFX provides multiple channels of commentary and analysis during each trading day, where most of this information is proprietary. UFX maintains excellent trading staff, who personally explains the causes of market movements and the best options for exploiting them profitably. The broker takes feedback from traders seriously, and with the recent integration of the industry-leading MT4 trading platform, traders are going to have an even easier time executing deals.

Superior Safety

Besides being regulated by the NFA, UFXBank implements multiple layers of protection to safeguard traders from software malfunctions, unauthorized access and fraud. To protect private client information and sensitive account data, UFX Bank deploys the 128-bit RSS encryption technology. UFX maintains multiple servers at different locations to backup client data and protect against failure, fire, earthquakes and other natural hazards. These server farms are well guarded, with access open to only authorized individuals.

UFXBank provides several features to market participants at all levels, from forex tutorials and trade recommendations to daily outlook videos and market updates. Additionally, Gold and Platinum clients can access several privilege features, such as market signals and live market alerts sent via SMS.

                ]]></description>
                <category><![CDATA[Forex Brokers Reviews]]></category>
                <pubDate>Wed, 01 Dec 2010 09:33:40 +0000</pubDate>
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                <guid isPermaLink="false">675-56</guid>
                <title><![CDATA[OANDA  review: OANDA review]]></title>
                                <link>http://www.forex-rateit.com/forex-brokers-reviews/oanda.html</link>
                <description><![CDATA[
                                OANDA is one of the leading forex brokers, providing services to the Asia Pacific, Middle East and North American regions. It utilizes innovative technology to provide a trading platform and currency information services to individuals and corporations. Being regulated by several financial authorities, OANDA scores high on reliability.

Registration Process
OANDA offers two distinct accounts for individual and institutional customers. The individual forex trading account is meant for both novice and experienced traders. The institutional account is targeted towards corporations, general partnerships, limited companies or trusts. To open a live forex trading account with OANDA , one has to submit the following documents:
• Identification proof issued by the government of the state, such as passport or driver’s license.
• Proof of residential address, such as utility bills or credit card statement.
• Risk disclosure form issued by the local forex trade governing authority.
• Institutions will have to provide a certificate of incorporation as well.

Individuals can either register online on the company website or offline by mailing the application form on company’s email address. A copy of the above mentioned documents should reach the regional office of OANDA within a week’s time after signing up for a live trading account.

Alternatively, users can also sign up for a lifetime free forex demo account, called FXGame.  This is a live version of the OANDA forex trading platform. It allows amateurs to practice forex trading for an unlimited period, while experienced traders can test their skills in a risk-free environment.

Deposit and Withdrawal
To fund the OANDA live trading account, one can use bank wire transfer, checks, money orders or PayPal services. Usually, it takes 2 to 5 business days to power the accounts after fund transfer. Electronic transfer through PayPal funds the account in the least amount of time (2 days). The process is time consuming because OANDA adheres to standard regulations set by the financial authorities that govern forex trade. Thus, time spent actually translates into greater reliability. The most interesting fact about OANDA is that there is no minimum transfer limit. One can fund the account according to his trading requirements. However, the biggest disadvantage is that you need to withdraw funds via the same method used to transfer money into the account.

Trading Platform
FXTrade is the proprietary trading platform from OANDA . It is available in downloadable and mobile versions. One can download different mobile versions of the trading platform supporting specific operating systems, such as iPhone, Android, iPad and Blackberry. FXTrade is a user-friendly platform and offers a wide range of tools to facilitate forex trading. However, users can face loading issues in case of low bandwidth.
 
Customer Support 
Customer support is available 24x7 through online chat, forums, email and telephone. Prompt answers and effective solutions to customer queries make OANDA one of the leading trading brokers. However, non-English speaking people can face some problems in contacting customer care.

With simple design and exciting features, OANDA is a user-friendly trading tool. It is highly recommended for experts who can effectively use tons of information provided by this broker to make informed decisions.

                ]]></description>
                <category><![CDATA[Forex Brokers Reviews]]></category>
                <pubDate>Tue, 03 Aug 2010 09:03:03 +0000</pubDate>
            </item>
                        <item>
                <guid isPermaLink="false">660-54</guid>
                <title><![CDATA[LiteForex review: ]]></title>
                                <link>http://www.forex-rateit.com/forex-brokers-reviews/liteforex.html</link>
                <description><![CDATA[
                                LiteForex is a reliable online forex brokerage service provider based in Seychelles. Providing a range of accounts and trading support services, LiteForex aims to help traders in making an informed decision. 

Account opening procedures:
LiteForex offers two different types of live trading accounts to suit the individual needs of the traders. ‘LITEForex’ (different from the company name) is a form of demo forex trading account; however, it allows individuals to try out real trading with real money. It is a cent-based account, which offers low profits. According to the company’s official website, even continuous profits from a LITEForex account will not pay for the user’s internet bills. However, it is better than a normal demo account because it engages a trader in a real trading environment, where he can earn/lose money. The minimum deposit limit for this account is $1 and it offers a high leverage of up to 1:500.
REALForex is the standard trading account. It deals in the US dollar and serves professional traders risking big amounts of money. It offers a maximum leverage of 1:200.

The account opening procedure is very simple with LiteForex. Anyone can simply fill an online account opening form. Once the form is submitted, the person is required to send the trading account number and deposit details to the broker via email. 

Deposit and Withdrawal:
LiteForex allows money deposits through a range of electronic payment systems, such as Webmoney, Moneybookers, Alertpay and Liberty Reserve. The broker has no limits for maximum deposits. However, as per the recommendations of the governing authority, a trader should not deposit more than $3,000. Withdrawal procedures are stringent to protect trader deposits from online theft. A registered trader can withdraw money only with the procedure that he used to fund his account. For example, if a trader uses his Alertpay account to fund the trading account, he can withdraw money only through the same Alertpay account.

Trading Platform:
LiteForex has developed a proprietary version of MetaTrader 4, called SIGTrader 4 (where SIG corresponds to Straighthold Investment Group (SIG), the company that owns LiteForex). Being a proprietary version of the world’s most popular trading platform, SIGTrader 4 offers an easy-to-use interface and a range of features. It provides multiple tools to execute orders, multiple language support, technical indicators and access to live trading news. A mobile trading terminal and a Smartphone trading terminal are also available for download. A multiterminal trading platform is available for traders who trade in different instruments, such as Forex, CFDs, futures and stocks.

Customer support:
LiteForex excels in customer support. The toll free customer care number is available for the US, Russia, Malaysia and Indonesia. Live chat, email support and contact forms are also available through either the trading platform or the company’s website. The only drawback is that the customer support services are available only in the English language.

With a high-end trading platform and great customer support, LiteForex is a good option for professional traders. Amateur traders can still make a choice whether to risk cents with the LITEForex account or learn trading with the free demo account.
                ]]></description>
                <category><![CDATA[Forex Brokers Reviews]]></category>
                <pubDate>Fri, 30 Jul 2010 06:12:32 +0000</pubDate>
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                        <item>
                <guid isPermaLink="false">608-53</guid>
                <title><![CDATA[ForexYard Review: ForexYard review]]></title>
                                <link>http://www.forex-rateit.com/forex-brokers-reviews/forexyard.html</link>
                <description><![CDATA[
                                    <img src="http://www.forex-rateit.com/images/stories/jreviews/tn/tn_608_list_forexyard_1279658574.jpg"  align="right"  />                                Considered as premiere forex brokerage firm, FOREXYARD leverages on its experience in the field of forex trading. Catering to trader across the globe, FOREXYARD offers extensive order execution, market analysis tools and excellent customer support.
 
Account Opening Procedure
FOREXYARD offers a range of live trading account to suit individual trading requirements of individual traders. After acquainting to the FOREXYARD trading platform through a demo account, traders can opt from any of the following live trading accounts:
• SuperMini: With an initial deposit of only $100, SuperMini account is suited for small traders. It allows a maximum lot size of 1,000 units.
• Standard: With $1,000 as initial deposit and no limit on subsequent deposits, this account is suitable for novice and experienced traders. Unlike SuperMini account, the standard account has no annual fees or commission. It also allows gold, oil and silver trading along with forex trading.
• Institutional: This account is ideal for organizations which house several brokers.  With this account, FOREXYARD charges a commission of $4/lot. The leverage is also restricted to 1:30.
• FSA: Forex Strategy Automator or FSA is FOREXYARD’s proprietary version of MetaTrader platform. It offers similar advantages as an standard account, along with the flexibility to choose your trading strategy based on market analysis.
FOREXYARD also offers customized trading account for VIP members.
 
Deposit and Withdrawals
Traders can use Visa, MasterCard or Diners Club credit cards to fund their FOREXYARD real trading account. Bank wire transfer and Moneybookers money transfer is also supported by FOREXYARD platform. To withdraw money from the live trading account, the trader is expected to fill out an online form and send an identity and address proof the FOREXYARD headquarters. Money withdrawal process takes a minimum of three days.

Trading Platform
FOREXYARD offers Windows-based and Java trading platforms.  The proprietary trading platform is easy to use and offers great flexibility in terms of customization. With options such as trailing stops, stop loss, entry/exit orders, it is an ideal platform for swing trading. Tight margins, high leverage and extensive market analysis defines FOREXYARD trading platform. Interest rollover facility is also available. FOREXYARD has introduced iPhone app in 2010 to enable forex trading through mobile phone.

Customer Support
Being in the industry for years, FOREXYARD has a good customer support system. Traders can seek support through chat, email, telephone or fax. Live chat support responds immediately. 
Reliability quotient is low as the broker is not regulated by any international authority. Overall, the broker offers sound trading options. Mini trading account and opportunity to trade forex as well as equities are the major highlights.

                ]]></description>
                <category><![CDATA[Forex Brokers Reviews]]></category>
                <pubDate>Tue, 20 Jul 2010 20:37:46 +0000</pubDate>
            </item>
                        <item>
                <guid isPermaLink="false">553-49</guid>
                <title><![CDATA[iForex Review: iForex Review]]></title>
                                <link>http://www.forex-rateit.com/forex-brokers-reviews/iforex.html</link>
                <description><![CDATA[
                                iForex entered the forex market in 1996 as an entity that represents international forex companies. It launched its maiden online trading platform in 2004 to expand its customer base. To facilitate trading activities, it offers tight pip spreads and real-time market analysis. With offices across all major forex trading destinations, iForex is one of the leading brokers in the world. 

Account opening procedure:
iForex has a simplified online account opening procedure. Interested individuals can fill an online registration form, which requires personal information, such as name and contact details. Traders can also choose from different account types, which are:
•	Standard account: This requires a minimum deposit of US$100 and offers leverage up to 1:400.
•	Interest-free account: This is an Islamic version of the standard account and offers similar benefits. With this account, a trader can keep any position open up to one month. 
• Premium account: This needs an initial deposit of $2,000 and offers tight spreads on a majority of the currency pairs.
• Protected account: In this account, a trader makes an initial deposit of $100. He can trade up to 100 times the initial payment.  All the positive balance at end of two weeks is the trader’s earnings.

Deposit and Withdrawal:
Traders can deposit and withdraw money from the live trading iForex account 24x7, using a standard procedure. An individual can fund the trading account through credit cards or wire transfer. To withdraw money, you have to fill a withdraw request document. You will be required to submit the following documents for the first withdrawal request:
• Government ID proof
• Proof of residence
• Photocopy of the credit card used to fund iForex account.
You can contact iForex executives at accounting@iForex.com for queries regarding the deposit or withdrawal procedures.

Trading Platform:
iForex has two trading platforms to meet the requirements of individual traders. For professionals, iForex recommends its downloadable trading platform build on the Microsoft .NET Framework. It supports high volume trading activities, with an easy-to-use interface. The web trading platform is also available for beginners as well as internet-savvy traders. An individual can access both platforms with a single username and password. The platforms offer live support and market insights to facilitate traders.

Customer support:
iForex customer support is available via phone, email and chat.  For immediate resolution, a trader can send an email to a dedicated email account, such as technical, information or accounts. 
iForex has been operating in the market for more than a decade. It clearly understands the market and trading psychology. Thus, a trader can rely on market analysis offered by iForex. However, it lacks in terms of technology and features which are revolutionizing the way online trading takes place.
                ]]></description>
                <category><![CDATA[Forex Brokers Reviews]]></category>
                <pubDate>Mon, 12 Jul 2010 14:57:18 +0000</pubDate>
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