Forex Trading with MF Global
04 January 2010 - Xenia Rainey (Which Way To Pay)

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Forex Trading with MF Global

 

 

If you are thinking of either entering the forex market or switching platform this 2010, MF Global is one of the world’s leading broker for a range of investment services. 

 

When looking for a broker, the prospective trader should consider the following:

 

-          Is this broker fully qualified and regulated?

-          What can I trade?

-          How much support will I receive?

-          What are the fees and costs?

-          What platforms are offered?

 

Alongside Forex, MF Global offers CFDs, spread betting, shade dealing and exchange-traded futures and options.

 

For Forex traders, there is no commission fee and leverage is 1:40 at MF Global.   The pip spread is 1-4 and minimum trade size is $100,000 (or 1 Lot).  The investor can trade 25 currency pairs with more available on request.

 

For those new to the Forex market, a good amount of training facilities are offered at MF Global.  These include live chat support, free phone support and of course a demo account. 

 

Opening a demo account is wise for people who want to find a platform which suits their needs – and with MF Global and its range of software and platforms, the prospective trader is likely to find something to suit them.