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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 a "weighted average" is

glossary FAQ: glossary.
I. Gilbert from Netherlands
02 December, 2008

"weighted average " is An average in which each quantity to be averaged is assigned a weight. These weightings determine the relative importance of each quantity on the average. Weightings are the equivalent of having that many like items with the same value involved in the average. To demonstrate, let's take the value of letter tiles in the popular game Scrabble. Value: 10 8 5 4 3 2 1 0 Occurrences: 2 2 1 10 8 7 68 2 To average these values, do a weighted average using the number of occurrences of each value as the weight. To calculate a weighted average: 1. Multiply each value by its weight. (Ans: 20, 16, 5, 40, 24, 14, 68, and 0) 2. Add up the products of value times weight to get the total value. (Ans: Sum=187) 3. Add the weight themselves to get the total weight. (Ans: Sum=100) 4. Divide the total value by the total weight. (Ans: 187/100 = 1.87 = average value of a Scrabble tile) Visit NobleTrading

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Currency Trading Brokers Recommends FX club
Some Background on FX Club:
Based at 1200 South Avenue, Suite 203, Staten Island, New York 10314, United States, FX club is an as yet rather unheard of online foreign currency exchange company. FX club is regulated by cme, cbot, nymex and ice. FX club was chosen as "Forexcenter's Best Web-based Foreign Currency Exchange Trading Program of the Month ".
Features:
If you are just a first time user, this one is exactly what you're looking for because it employs educational courses, an originally designed beginner centered interface and a minimum deposit that is abnormally low (10 bucks). To tell you the truth, FX club's not hugely innovative, but instead, it incorporates the more established workings of it's predecessors. It's nothing to do with good or bad, it's more an issue of cosmetics. If you have been of the belief that you don't need any extra web - open mumbo-jumbo you're flank of the line, you better keep looking. FX club's downloading system is designed sporadically and is kind of slow. It does produce, though, consistently reliable server communication. FX club features a customer support service and 24 hour access. By the way, no matter if you're an English, Japanese, Swedish or Russian speaker, FX club features flowing and pleasant operation with a multilingual interface.
Ups:
- Good Regulator - Pleasant Graphics - Beginner Friendly - Good for Beginners
Downs:
- Download - Confusing Options - Few Options of Currencies
Wrap up:
A somewhat scattered yet technologically rich platform.