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Retail foreign exchange trading as we've come to know it today would not exist—to be sure, it proved unable—without the web, and forex brokers are an interestingly online business. Forex brokers can be partitioned into two classes: those that are known as "ECN" (electronic clearing system) brokers, and those that are known as market creators. While both furnish retail speculators with the chance to participate in the currency showcases, the refinement between the two can be enormously critical to forex traders.

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Forex brokers are of several types and these are ECN, STP and market maker. Among them I use to trade with an ECN broker namely Trade12. With the broker I have all regulated trading facility including the best environment, high leverage, 24/7 support level, fast execution, no set up fees, high security of funding. They use several reputed bank accounts with a view to provide high security to their clients.

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