Choose Reliable Forex Brokers

Forex brokers in Algeria should be chosen carefully, as it is not uncommon for suspicious brokers to roam the forex market and the internet. You must choose forex from a trusted source just like from to avoid shady brokers.

A trusted Algeria-based forex broker in forex trading is very important for several reasons, such as:

First, the broker provides good first-class educational material, which is sure to be of great help to traders from Algeria. It comes in the forms of offline and online classes.

For example, one broker provides a demo account, wherein you will be given a virtual amount of money that can be traded in real-time on a real trading exchange.

Second, the trading platform fees charged by the broker are significant in determining the size of the profit because these fees (in the form of spreads and commissions) must be paid by the Algerian trader to the broker regardless of the profit or loss transaction.

Third, you must pay attention to call center services provided by the broker platform when customers from Algeria need them, which is ready to serve 24 hours a day 7 days a week. Due to the nature of forex trading 24 hours a day, platform support from brokers to investors is essential to ensure transactions can be carried out without a hitch.

Fourth, the broker has a good trading platform that traders can use optimally, for example, mobile applications or other features. This is extremely necessary, due to platforms allow you to trade forex easily from anytime from almost anywhere. You need to make sure that their platforms are trusted, secure, and also reliable for traders from Algeria to use.

One of the most important things to consider in choosing a broker to trade forex is choosing an official broker from within Algeria or abroad that is supervised by the commodity futures trading authority of the Algerian government.

Stock Trading on NASDAQ100 and How It Works

The NASDAQ though we all know it as an exchange isn’t an exchange, and works like an automatic mechanism where buyers and sellers can meet. The NYSE works on the system called double auctions where within the highest bidding buyer competes with other buyers and therefore the lowest bidding seller bids against other sellers. Now for NASDAQ the auction method doesn’t work, it’s kind of a series of dealers which are selling stocks and every dealer has some sort of inventory of stocks also as cash. Now NASDAQ is totally automated so going by above analogy you are doing not visit each dealer shop instead the pc system visits the shop of every dealer and checks what prices and the way much shares does each dealer need to satisfy an order.

Now there are two sorts of orders order and limit order. allow us to say that you simply simply have a limit order which suggests that you are neither willing to shop for above that set limit nor willing to sell below that price. order means you’re saying that at whatever price the dealer is holding the inventory the system should plow ahead an buy that. So what happens when the dealer only has 500 shares and you place an order for purchasing 1000 shares at market price? For the fulfillment of this order you’ll get 500 shares of the order at the stated price and another 500 shares at the worth the dealer says it got somebody to sell the shares to you. Now this price could also be higher or below the worth at which you bought the initial 500 shares.

NASDAQ as you’ll see is that the interdealer market represented by securities dealers and these dealers are called market makers. These dealers then compete with one another to post their best prices (both bid and ask). a traditional non professional can have access to the present bid offers, ask size, size of every offer and that they are called level II quotes. The system that provide the quotes is named Small Order Execution System, Find out more about the system here on