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FINEXO Forex Broker

July 29, 2009 by moneymaker 

You can make a lot of money investing online with Foreign Exchange Trading. In order to trade forex you’ll need a Forex Broker. FINEXO is a broker that use different payment method including LibertyReserve.

FINEXO is a “white-label” partner of Saxo Bank, a well known and respected investment bank offering among other things, spot forex trading. There are many differences to trading with FINEXO rather than Saxo Bank though. Some of them you may see as beneficial and others not, depending on what suits you. FINEXO‘s spreads are the same as those of Saxo, with the exception of EUR/USD, where at most times FINEXO actually offers a lower spread by giving away a bit of their commission. FINEXO also provides a completely different, browser-based trading platform, albeit running on the same data feed. The platform is quite capable, with a variety of complex order types such as OCO and ID (if done), and good charting and reporting features. On top of that, FINEXO offers a wider variety of deposit and withdrawal methods and lowers minimum threshold deposits required to attain better trading conditions. Smaller accounts and smaller deal sizes are also accommodated by FINEXO. So, in short, FINEXO is certainly more than just a white-label product masquerading as something more. It offers up enough idiosyncrasies to warrant a second look, particularly if you are already interested in the Saxo product and the financial soundness and reputation that come with it – FINEXO may just offer something to make your trading better.

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