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Pricing: Forex brokers have two ways to price their services: by baking the price into the buy-sell spread or on a commission basis. Spreads are typically quoted in pips, or one ten-thousandth of ...
Foreign exchange, or forex, trading is the process of trading one currency for another and, hopefully, making a profit by doing so. It's a complex combination of art and science and is suitable for...
FIBO Group started to offer online brokerage service for currency trading in 2003 [16] adding CFDs in 2004. [16] FIBO Group was a prominent player on the Russian financial market. In 2005, it was one of the first Forex brokers in Russia along with Kalita Finance and Forex Club. [17]
It already had cotton and dairy news sites, Globecot News Network and eDairy. The company won the Forex Magnates’s industry award for best liquidity provider. [20] In 2014, INTL’s subsidiary StoneX (previously INTL FCStone) acquired Sinclair and Company. Sinclair, an introducing broker, focused on dairy, grains and livestock markets.
Saxo Bank is a Danish investment bank specializing in online trading and investment. Established in 1992 as a brokerage firm under the name Midas Fondsmæglerselskab (English: Midas Stockbroker Company) by Lars Seier Christensen and Kim Fournais, the company rebranded as Saxo Bank in 2001 upon obtaining its banking license.
MetaTrader's popularity largely stems from its support of algorithmic trading. Yahoo! hosts a large group (over 12,000 members) devoted to development of free open source software for MetaTrader. [16] MT4 is designed to be used as a stand-alone system with the broker manually managing their position and this is a common configuration used by ...
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