There are so many foreign exchange trading platforms to choose from that it can sometimes prove overwhelming to make a choice among them as a trader. However, there is some consensus between traders that KayaFX is among the top forex trading brokers out there. Although they offer the trading of several different types of assets, they really stand out in regard to forex trading.
Traders are able to open a forex trading demo account with just their email address and password to get started. This is a great way for traders to familiarize themselves with the platform and to get comfortable trading without risking any capital. These virtual accounts will help traders to test the system and to learn how to best navigate it while learning about all the available features. This is particularly useful for new traders who may not be well acquainted with the process of trading online. As soon as they are comfortable, traders can open a real trading account that uses actual currency.
There are several different currency pairs for traders to choose from including major currencies such as the US dollar (USD), the British Pound Sterling (GBP), the Euro (EUR), the Canadian dollar (CAD), the Japanese Yen (JPY) and more. Once you choose a pair, make your forecast and make your investment, you are ready to start trading. In the process, you will receive assistance from the financial professionals that operate the platform. They may be reached by email, live chat or by telephone 24 hours per day, 5 days per week (Mondays to Fridays).
One of the best features of this forex trading platform is how quickly trades can be executed in order to maximize profitability. Also, the spreads are relatively low, and the pricing is transparent. Customer satisfaction is a top priority.