In Europe forex trading sees perhaps the most comfortable and convenient terms of operational work. The traders have no restrictions neither in opening currency trading accounts neither in trading as such.
The importance of the European continent cannot be underestimated in the foreign exchange trading subject: the European currencies, including EUR and Ð¡HF, are traded in almost 50% of the daily forex operations. All major market makers have their offices in Europe; the key liquidity providers, including German and Swiss banks, are also there.
European forex traders have an extremely wide array of offers from various brokers to choose from. And, accepting the vision of forex brokers, we can see a multimillion potential customer base on a relatively small territory. Thus, European forex market can be described as one of the best in terms of development and regulation.
Most brokers are properly registered and regulated with the financial authorities in the country of their location; as a matter of fact, there is no direct obligation to do so, and once a broker obtains a license in any EU country, this means the broker is eligible to accept customers throughout the European Union.
Choosing the best forex broker in Europe, one should definitely take a notice of the broker’s operational history and reputation; awards that have been won by the broker during the years of trading also speak in favor of the trader’s choice. And, from the practical point of view, it is important to estimate many factors of a broker’s operational work, such as minimum deposit amount, maximum leverage, spreads on major currencies, amount of commissions, quality of the customer support, and much more.
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