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Forex Trading
FOREX — the foreign exchange (currency or forex, or FX) market is the and the most liquid financial market with the daily volume of more than $3.2 trillion. Trading on this market involves buying and selling world currencies taking the profit from the exchange rates difference. Forex trading can yield high profits, but it is also very risky. Everyone can participate in Forex trading via the Forex brokers.
 
 
Forex.CH:
Company: GFX Group SA
On-line since: 2006
Regulation: Registered with the Swiss self-regulated financial organization PolyReg.
Payment options: Bank wire and checks
Minimum account size: $2,000
Minimum lot size: 0.1 lot
Spreads: 3 (2 for accounts from $25,000) pips on EUR/USD

Advantages:

  • Advanced trading platform
  • Stock indices trading available
  • No overnight interest for Muslim traders

Disadvantages:

  • High account size minimum for mini Forex
  • Commissions for no-overnight interest accounts
  • Opening an account is a complicated process