Wed, 28 Mar 2012 12:20:00 +0400
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Today, almost every FX broker out there offers rebates and loyalty programs aimed at rewarding active traders. Still, despite the fact that all of these companies are actually involved in the same kind of financial business, the products and services they offer may vary a lot. This holds especially true for trading conditions like spreads, leverage and stuff. Rebate services are no exception as well.
Micro brokers or cent broker are a certain kind of FX brokers that let you trade Forex even if you are a rookie with a couple of bucks start strut with. The thing is, this brokers set their minimal deposit requirements around $5-$10 or something like that. The equity is usually displayed in U.S. cents rather than U.S. dollars. Basically, that’s the key reason why we call them micro brokers or cent brokers.
Today it is difficult to find a reputable and reliable broker, which can be really trusted at all times. A reliable trading partner is definitely as significant as a profitable trading strategy along with trading skills and valuable knowledge. Indeed, does it really matter how good you are at Forex trading if your broker can let you down at any minute by giving you non-market quotes, order execution errors or by simply refusing to pay? The answer is obvious. Picking a reputable Forex broker is one of the cornerstones of success in this risk but profitable human activity…
According to Standard & Poor's, if the United Kingdom quits the European Union, this may eventually lead to undesirable consequences for both sides. In particular, they say that the so-called Brexit may well affect the U.K.’s national currency – the British Pound. As you probably know, the British Pound is a major currency, a reserve one, which means it is used (along with the U.S. Dollar and the Euro) by many central banks around the globe to store their currency reserves. It is not a secret that Great Britain in general and London in particular have been major financial centers of the world for centuries.