Friday, October 3, 2008

‘Is FXcast a redesign of the Forex trading?’: An FXcast Review

Catering to the needs of millions, FXcast has probably redefined the currency trading rules and this is what FXcast Review tries to verify! The basic feature like any other platform remains the same and in a general tone, it serves both the newbie and the professional trader. On one hand where the new traders get a user friendly platform and a demo account for trading, on the other hand the experienced people get the famous Metatrader4 to enjoy the benefits of better charting facility. A minimal amount of $10 is sufficient for any trader who is fresh and new to start with real trading. Apart from reaping the benefits of tight spreads, the traders have an option of trading with 35 different currencies at a time. FXcast has the feature of zero slippage and guaranteed order execution during the times when the market is extremely volatile. FXcast does not demand any commission in case a customer wins a trade and makes some money. Absence of hidden costs is just another feature that is a subject of appreciation. FXcast features multiple money transfer facilities like credit cards, wire transfers and other options like e-currency and also e-gold and thus makes it very convenient for the users. Staying in line with the other trading platforms, FXcast provides one of the most wanted services of live customer support from the desk of expert customer support staff.

It good exists, will the bad and no wonder FXcast also has certain negative aspects which may or may not be bad according to the views of the people. One among the few demerits that FXcast accounts for is that it does not accept short term traders. Next in the queue is that it does not entertain instant payments and withdrawals solely because of security threats by frauds and hackers.

It is obvious that a trading platform will have certain drawback because of economic and social factors but they are not enough to prove anything against the honest intentions. Since perceptions differ, it is better not to completely rely on the FXcast Review in this article but instead it is better that a personal market survey to get an FXcast Review will be far more fruitful.

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