The following comprises brokerages and trading advisory services:- 1. Brokerage services usually offer full or discount services or both. Full service brokers offer services in which they have discretionary trading authority over clients' accounts, acting on behalf of their clients in making trading decisions. Discount services offer more streamlined service including trading and order placement facilities for self-traders. 2. Trading advisory services generally offer analytical forecasts on a daily, weekly and monthly basis for self-trading clients. Advisors usually charge on a profit-sharing fee or subscription basis, although some on-line services are free to members. |
You must always understand your risk. Forex trading entails risk like any other investment vehicle. If you intend to engage in this form of investment, you are strongly advised to use only disposable income or funds targetted for speculative purposes. |