What Broker to use for trading Forex?

Elmira Nancy

Active Trader
Nov 16, 2009
17
2
32
Where do I go to trade forex? I want a broker with as little commission as possible.I'm not sure about doing forex.. I do stocks right now.. I just want to learn about forex and see what it's all about.any other advice will be greatly appreciated!
 
WIth little commissions as possible - I suggest Instaforex, Liteforex or (in case you can deposit $2,000) Dukascopy.
 
yea... if you want to practice demos then go with any broker. Once you will understant forex then you can choose the best suited broker for yourself as by that time you will be more experienced than you are now.
 
I think even with demo trading, you should make sure that the broker is suitable for you. After all, even forex brokers that offer the same trading platform (metatrader 4) may differ in their terms and conditions, trading features, connection errors... well, you got the picture.
 
Anyone have experience with IKON Vking? I'm trying their demo - it's not MT4 - something else - has better user interface and customizable as well - tight spread on euruse about 1.3 as I type this.
BUt what are they like in real account?
 
No buddy.... we are not at all aware of this. I think people should go around with only reputed and highly popular products otherwise they can fall into scams and which in turn can give huge loss.
 
I would recommend MasterForex. Honestly, there are so many good brokers though. Just make sure to open a demo account for a while so you know what your doing.
 
My friend try using Forex Signs, they don't ask for commissions and they also offer trading assistance. Check them out
 
I have been using FXCM, and trading with them is getting crappier by the minute. Order execution is freakin so unreliable during the release of economic news. I don't recommend them.

I'm now looking to switch, and is currently looking at PSS.
 
chart.gamer, I looked at the PSS site. They seem to be a nice broker. They have economic calendar, posts news and offers demo-accounts.
 
Hi

Well, Forex Trading is very essential for traders. MasterForex is good for trading forex. I heard it many times, it is good for trading. I also have been using it, it's really great. 😀
 
I use Go Markets from Australia. STP, no dealing desk, very good consistent low spreads so far no comms...just had enough of trading against market makers!!!
 
There's a lot of brokers out there in the market. But I highly suggest eToro, it is good for inexperience traders and beginners. I recommended eToro because what a new trader need is something that is easy-to-use. See forex broker reviews for additional info.
 
Where do I go to trade forex? I want a broker with as little commission as possible.I'm not sure about doing forex.. I do stocks right now.. I just want to learn about forex and see what it's all about.any other advice will be greatly appreciated!

I have seen some good reviews on some good brokers, like Oando, insta, Profiforex and some others. But i am with Profiforex, and i have really enjoyed good conditions there. Like they cool platform they have, no requotes..