Business-Insider

Like most things, people can get emotionally attached to dealers. I think this is a huge mistake. Your dealer is your vendor, they work for you not the other way around. I make mine work for their spread. In fact, I have more than one account to take advantage of competitive differences as well as for "dealer diversification" since you never know what might happen. One of the ways that I evaluate a dealer is by calling them and asking questions.

I think it is a good idea to call your dealer(s) frequently to ask questions. See how well they are able to answer them. If you find that they cannot consistently answer hard questions or if they give you the wrong answer it may be time to think about the level of professionalism in the organization and the security of your account.

I wrote this article and video to answer a question about forex and future pricing that I get all the time and it is a good one to ask your dealer. Forex pairs do not always have the same notional value as many traders assume. That means that volatility from one pair to another will be affected by the actual notional size and not just the individual currency characteristics. See if you dealer can explain to you why.

To see the video, click here: http://www.pfxglobal.com/index.php?o...894&Itemid=117
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