Top rated Forex brokers are neither hidden nor secret. All Forex brokers, good and bad, are free to be used by any trader despite their experience, budget or investments. The secret to scouting the best and most secure FX brokers is to know where to locate them and how to search them. The best FX broker is rated based on many factors such as reputation, customer feedback and reviews, financial performance and previous history.
Day Trading is a form of share dealing in which denotes buy and sell of shares over the internet over a period of a single day. The target of this trading is to make a profit from small price fluctuations in a day’s time.Generally, in day trading, a trader buys and sells trading instruments (stocks, currencies etc) in the same day. For example, a trader buys with the opening of the market may be at 10.00 am and sells before the closing of the market may be at 5.00 pm. They try to gain in volume as they make small but multiple trades in a day. Their net profit comes after deducting broker’s commissions and tax (as day trading is short time gain, the tax sometimes climbs up to 30%).