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Check out fx sites similar to Saxo Bank, GCI and Easy Forex. In the following languages: russian, english, arabic and chinese; monitored by OSC(CA), CFTC or FSA(JP). Focus on twenty four hour service, a gadget friendly interface, Beginner friendly service and a selection of educational courses.

please tell me what "limit-on-close order" is

glossary FAQ: glossary.
Marie V. From United States
30 July, 2009

the "limit-on-close order " is A type of limit order to buy or sell shares near the market close only if the closing price is trading better than the limit price. This order is an expansion of the market-on-close order, adding to it a limit condition, which places a maximum on the entry price and minimum on the selling price. Say a trader believes that, because of increased volume, the best price he or she will receive is at the market close - the trader might then enter a market-on-close order. But if the trader does not want to face an unpredictable entry price, he or she will enter a limit-on-close order. For example, if the trader entered a buy limit-on-close order for 100 shares of ABC at $52.50 and the shares at the end of the day traded at $50, the order would be executed. If, on the other hand, the price rose to $54 right at the end of the day, the order would not be filled. Visit FOREX.com

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Currency Trading Brokers Recommends Forex Club
Background:
Forex Club is a retail online investment foreign exchange company. After an unembroidered start, and throughout the past several months, it has staked it's ground one of the blossoming retail foreign exchange trading platforms around.
The Platform:
Forex Club provides an original production walk-through platform, an array of educational courses and an unusually low minimum deposit. So this platform's a fairly relevant option for a beginner. The way I see it, the beauty of a well designed beginner oriented platform is it's ability to make it's operation feel play like, and Forex Club achieves just that by being both gratifying and efficient. Understand that psychology plays an important role in task oriented platform interface. Whatever your preference Spanish, English, Chinese or Russian, Forex Club allows for crisp and flowing analysis and decision through its multilingual interface. This one sports customer support and twenty four hour trading. If you have thought that you don't need any extra server based interface mumbo-jumbo on you're half of the line, you might just look elsewhere. This one's download is kinda slow and is designed sporadically, but most important though, is the sound level of reliability of the server information transfer. By the way, truthfully, this forex's not hugely innovative, but instead, it incorporates the more traditional workings of it's predecessors. It's not an issue right or wrong, it's more a matter of personal preference.
Pluses:
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Minuses:
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In Short:
A un-spectacular yet wholesome platform.