Choosing a Forex Broker

At the best of times Forex currency trading

can be a risky business with a huge potential for profit or loss. As a fulltime trader i have seen the best and the worst that the forex market

has to offer, the dizzying highs of large wins, and the gut wrenching lows of people going bust.
You might be a forex trader yourself, or maybe you are just curious about how forex markets work, whomever you are, you need to learn how to seperate the legit forex brokers from the scam merchants. The internet has a great deal of genuine forex dealers offering quality services, it is also unfortunately infected with just as many thieves dressed up as companies who will gladly take your money and then dissapear. This fear of being taken advantage of puts a lot of people off the idea of trading forex, this shouldn't be the case.
Now there are a few key differences between stock markets and forex markets that you are going to have to learn:
1. Forex has no centralised exchange house.
2. Forex trading is 24/7.
3. Forex is a largely unregulated market.