An introducing broker is an agent who introduces beginner traders to the Forex market and in return, they receive a brokerage fee. This fee is usually a percentage of the spread or commission. Many forex markets around the world are regulated in that, not any individual can introduce new customers to brokerage and introducing brokers are required to prove identification and validity of their trading documents. The National Introducing Brokers Association represents all the professionals in the industry who include commodity trading advisors, introducing brokers and Future commission merchants. There are two types of induction brokers; a guaranteed and an independent introducing broker. The difference between the two is their relation with Future commission merchant. Attributes of an introducing broker An introducing broker acts mainly as a customer representative and a salesperson for future investors and some of their common attributes are; They are not usually registered with the Commodity

Everyone wants to become a Forex millionaire but sadly only few can full fill their dream. But this statistical data has not stopped people from becoming a Forex trader. Every day the number of retail traders in the online trading industry is rising at an exponential rate. If you do some research you will be surprised to see the majority of the traders don’t have any precise skills about this market. They are always placing random trades without knowing the risk factors. On the contrary, the successful traders in the United Kingdom follow organized steps to learn more about this market. They trade with a proper strategy to become a profitable trader. Today we will share five key simple steps which will help you to become a profitable trader.

Saxo Capital markets provide stock options that help investors and online traders benefit even when trading prices are falling. These trading equity options are aimed at mitigating risks while providing forex traders with more exposure to global markets on their platforms. Traders go for options trading online in cases where they need protection. Using equity options helps protect the portfolio of most traders from markets that are declining. These options are used as a building block by Australian traders to position themselves in markets that may be falling, therefore, offering them protection when fluctuation hits.