New to forex, can you help please?

[tezmay]

Hi I've just recently decided to start trading forex and was wondering if anyone could offer any trading tips on the best strategies to use and also recommend a good broker for beginners?
Many thanks

[Enivid]

There are no best strategies, unfortunately. You can start by reading our newbies guide.

[Easy Trader]

Demo trade

[tezmay]

I am reading up on forex and getting to grips with it slowly, using several resources available to me but i will also try the newbies guide you recommended, thanks enivid

Easy trader, could you recommend a good broker that offers a demo account with good customer service as i imagine that i will be contacting them a lot for help
Many thanks

[Easy Trader]

With a demo there is no need to contact the broker. You can use a search engine and download one or two, pick ones that seems to be the most popular. I personally don't make broker recommondations anymore, its a traders job to excersize their due-diligence. I can tell you I use FXCM and Alpari, and have demo traded with tons of others. You can always open new demo accounts.

[devis77]

As easy trader said, for the demo the broker is not that important. Look for some broker with MetaTrader 4 platform and open a demo account. Some of the leading brokers have their own platforms except MT4, which are based or close to MT4, so pick 2 or 3 leading brokes and test them. See which platform is more easy to you and suits you best. I suggest to read forums and discussions and make your own moves based on analysis and news rather than some automatic software. Once you start 'winning' on your demo account, you will have gathered all necessary experience to find your broker by your own and start trading with real money.

[FarrisFahad]

I recommend using IForex.

[Fxpipper]

Do the demo, all brokers offer demo accounts and should you come across one without the demo, run for the hills. Start with small steps, do not rush in and remember, most of the info, edu resources listed by your broker will not be complete.
In other words, you will have to take the initiative to learn more about Fx and seeing how you've made your way to this forum, nicely done!
Good luck and check out independent reviews on brokers. Do not join up just 'cause someone recommends broker X..
Happy trading!

[mingbao]

if you are new to forex, first be ready to study. it taks time to be professional from novice. study the techniques, study how to analyze the market, study to develop your trading strategy. Make reasonable expectations for profits. I am using Hotforex, i'm satisfied with it, I think you can open a demo account there to have a try.

[Haley12]

Yes, there is no best trading strategy. One strategy may work for one but it is not compulsory that it will work for all. All prominent brokers are good for newbie even I prefer to AVAFX.