As I've said many, many times before, competition is a good thing in Forex trading, especially when it comes to vital things like spreads, leverage, etc. Today, we have a new company entering the foreign exchange world: Excel Markets. For the past four years, this company has performed as an introducing broker, and now seems to be ready to take on the role of a Forex broker in its own right. Excel Markets is operated by Global Brokers NZ Ltd. - a New Zealand corporation regulated by the Financial Markets Authority (FMA). The main attractions the new broker has to offer are low spreads (0.65—0.75 pips plus commission ... (full story)