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1st Regulated Forex Broker. Forex being Decentralized Market and increasing establishment of Forex Brokers pushed various world countries established particular organizations or authorities in order to oversee the market proposals and regulate Forex Broker firms. So yes, Forex Brokers are regulated while holding a license from a local authority alike world-known FCA in the UK, ASIC in Australia, Commodity Futures Trading Commission CFTC in the USA, MAS in Singapore and more. Making it simple, regulated broker means that you will trade Forex with proper security of funds and investment itself, overseeing of the broker so first of all Good Broker is a sharply regulated broker. 2nd spread and leverage The spread in forex is a small cost built into the buy (bid) and sell (ask) price of every currency pair trade. When you look at the price that's quoted for a currency pair, you will see there is a difference between the buy and sell prices – this is the spread or the bid/ask spread. Defining Leverage. Leverage involves borrowing a certain amount of the money needed to invest in something. In the case of forex, money is usually borrowed from a broker. Forex trading does offer high leverage in the sense that for an initial margin requirement, a trader can build up—and control—a huge amount of money. 3rd Types of Account. A forex account is a type of account that a forex trader opens with a retail forex broker. Forex accounts come in many forms, but the first that is opened is often the forex demo account. After the trader has tried out demo accounts with a few different dealers, a funded account would be the next step. Mini accounts, full accounts, and managed accounts are the most common types of funded accounts. Mini accounts are similar to full accounts except that currency is traded in lots of 10,000 rather than 100,000. This allows for lower mandatory initial deposits and greater customization of risk management. 4th .Deposits and Withdrawals For your benefit and convenience, it is important to choose a forex broker that offers quick and easy deposits and withdrawals. Quick deposits help you support your trading position and take advantage of opportunities that may arise suddenly in the market. In the case that you need to withdraw your funds for whatever reason, the withdrawal process should also be fast and simple so your funds can be returned to you in no more than a few working days.