TradeKing Forex is part of the TradeKing Group which was established in and is domiciled in Fort Lauderdale, Florida. TradeKing Forex was added to the TradeKing lineup after establishing the need to add Forex to its list of trading products and subsequently acquiring MB Trading. Under TradeKing Forex, Trade MB Trading Desktop Pro clients will be migrated to the TradeKing ForexTrader platform and MetaTrader 4 account balances will be moved to a new TradeKing Forex MetaTrader 4 server.

No fees of any kind are charged for this access, nor is there a minimum balance to maintain for cash and retirement accounts.

A full explanation of the ramifications of the migration can be found in the FAQ section of the TradeKing Forex website.

TradeKing Forex Home Page. There are two basic trading accounts at TradeKing and they can be designated in several ways including individual, and IRA. TradeKing Forex offers tight spreads as low as pips and even tighter with Forex Pro. Traders can choose from over 50 currency pairs including gold and silver in real time.

TradeKing ForexTrader charts powered by a third-party composite rate feed and deliver a comprehensive, platform-integrated technical analysis package. These charts include multiple indicators for advanced technical analysis and can be customized for individual preferences , including chart type, colors, intervals and more.

The daily, weekly and monthly charts offer unique modal candlesticks and modal bars, and traders can use more than 18 technical indicators such as simple and exponential Moving Averages, Bollinger Bands, Relative Strength Index RSI , Parabolic SAR, Stochastics, MACD, GANN Lines, Keltner Channels and Fibonacci studies.

They can also choose from 11 intervals, including 8 intra-day charts such as candlestick, line and bar. Traders with accounts at TradeKing Forex can tap into a vast trader network through the TradeKing Trader Network and interact with over 75, fellow traders by sharing experiences, ideas and strategies for trading.

They can see what currencies are being traded, get insights from fellow traders and the pros, learn the reasoning behind specific trades and join the discussion on the trading forums. The education center is full of useful information about investments, investing styles and investing terms.

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Forex Insider provides traders with actionable analysis of news, events and technical levels that impact currency prices - as they happen. Updates are published up to 20 times an hour by senior traders and members of the experienced research team at Gain Capital.

Forex Insider is available directly within the platform, allowing traders to act quickly. Traders can also keep up on market developments with real-time, concise news headlines from Dow Jones Newswires, available on the TradeKing ForexTrader and MetaTrader 4 platforms. There is also an economic calendar with key economic releases for the upcoming week. Traders can review the reactions of the currency markets to past events and see forecasts for the future.

Deposits can be made via bank wire, ACH transfer or credit cards.

Checks are also acceptable and can be sent to their Florida and North Carolina addresses. Withdrawals are sent to the account holder by the same means. TradeKing Forex offers superior customer support, 24 hours a day during market hours.

For those who like the chat customer service option, live chat support is available 8 AM — 6 PM ET, Monday through Friday. They can also be contacted via social networks such as Twitter and Facebook. TradeKing Forex and TradeKing are good choices in discount trading for both beginning and advanced traders. Their low prices and range of investment opportunities are attractive and its websites are user-friendly.

The bonuses are attractive and customer support is easily available. DailyForex will not be held liable for any loss or damage resulting from reliance on the information contained within this website including market news, analysis, trading signals and Forex broker reviews.

The data contained in this website is not necessarily real-time nor accurate, and analyses are the opinions of the author and do not represent the recommendations of DailyForex or its employees.

Currency trading on margin involves high risk, and is not suitable for all investors. As a leveraged product losses are able to exceed initial deposits and capital is at risk.

Before deciding to trade Forex or any other financial instrument you should carefully consider your investment objectives, level of experience, and risk appetite. We work hard to offer you valuable information about all of the brokers that we review.

In order to provide you with this free service we receive advertising fees from brokers, including some of those listed within our rankings and on this page.

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While we do our utmost to ensure that all our data is up-to-date, we encourage you to verify our information with the broker directly.

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