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Forex Penguin

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  1. Actually choosing Forex Broker is not very straight forward. It depends on what kind of trader you are. For scalper, you need a broker that allows scalping, of course. The trading cost must be low because as a scalper, you will open a lot of transactions. For long term trader or position trader, you need to observe the swap or overnight rate. It is best if you can get a swap-free broker. These are just some simple examples of what you need to know when choosing a forex broker that is catered to your trading need.
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