Though EagleFX is a good choice, especially for novice traders, there are also some downsides to its overall offering, which may lead existing or aspiring traders to seek alternative solutions for the provision of brokerage services. One such downside is the fact that Eagle FX do not offer any kind of promotional offers.
Forex contests both in their demo and live versions, seem to be like a good idea and a good opportunity for traders, both novice and pros, as they are indeed an exciting way for one to learn hands-on how the markets work and trading goes, shape and sharpen their trading skills and prove to themselves and others if they’ve got what it takes to be successful traders.
When seeking an alternative forex brokerage to EagleFX, you will need to ensure that this scores equally high in terms of charging competitive and reasonable fees and be transparent when it comes to its charges and commissions. Additionally must be a true ECN broker with lightning speed in trade execution, while also offering competitions addressed to real traders, who hold real, funded, forex trading accounts. As we have already identify EagleFX is lacking in that area. Forex live contests are perfect way for traders to know how their skills measure up against those of other traders and provides them with a great way to gauge and evaluate themselves as traders, since under normal trading conditions performance comparisons are not possible.
Since its foundation in Israel in 2007, eToro has quickly climbed the ladder of the social trading revolution and proudly occupies the leading position as the world’s biggest social trading and investment platform, which is initially introduced in 2010.
TraderOr is a relatively new entry in the online brokerage world and one that differs significantly from your average broker in that it adopts a Bitcoin-friendly approach, while also allowing traders to make transactions with a zero-commission fee. TradeOr.com might well be the new addition to world of online retail trading that you have been waiting for.
Named after the very large, distinctively shaped, fish preying hawk, which suitably decorates the brand’s logo, OspreyFX is a relatively new entrant in the world of forex brokerages, aiming to offer existing and aspiring traders an innovative venue in which they can satisfy all their trading needs, including the trading of cryptocurrencies.