Dayton, OH (PRWEB) July 31, 2013
Fast-growing online Forex broker CaesarTrade today announced they are now offering zero spread and small commission accounts to help traders reach goals following an in house study that revealed profitability of traders increased with the approach.
Using data from a recent article published in ForexMagnate on how low commissions and reduced leverage offered by US-based Forex brokers was favorable for traders along with their own independent data, CaesarTrade completed an in-house review in support of the method. ("Q1 US Broker Profitability Report Showing Signs of Optimism: 4/13).
CaesarTrade’s (http://www.caesartrade.com) new zero spread and low commission accounts are comparable to leading brokers in the study and designed to offer a better trading experience. In addition to the hard numbers, CaesarTrade will provide daily insightful and ahead-of-the-curve information to traders.
“A trader’s job is to decide when to buy and sell and how much. Everything else constitutes added stress,” said Eric Harbor, founder and CEO of CaesarTrade. “What we do is create an atmosphere where traders can focus on what matters—while we take care of the heavy lifting.”
Typically, in the Forex market, the price of buying and selling currency pairs is in the form of spread or mark-up of the pair instead of a traditional commission structure, Harbor said. Alternately, brokers may make modest revenue from the overnight rate by holding the position overnight, but CaesarTrade offers swap-free accounts for those of the Islamic faith.
Harbor, who heads CaesarTrade, is an emerging thought-leader on financial markets, Forex and cfd and daily contributor to leading market portal ForexMinute. He regularly issues commentary on financial markets including press releases and blogs that have been correct in outlook and timing.
For more information about the CaesarTrade in house study, contact Eric Harbor at 937-581-4244 or eric(at)caesartrade(dot)com.