Trading beginner advice pls!

[kkkr]

Hiyah everyone!
I'm new to trading but have done some self study about it. But I'm having trouble choosing a good broker. I've heard some really good things about United World Capital Ltd,I like that they are a regulated company and they give lots of incentives such as bonuses and competitions.

If anyone can give additional information about that, it will be appreciated!!!

Cheers🙂

 

[Hamven]

Why don't you try Forex Signs.. I've been using it for 7 months now and from that time I never experienced any problems with them nor their platform.. They're accommodating and even helped me when I was a newbie with them,. They offered me their broker assisted account which has been really helpful and they are also offering systems which I think would be good for people who doesn't want to take risk of losing

 

[microgenius]

There are many brokers to choose from. But what I suggest is that to try several brokers at first, and opening micro accounts with them. In that way, you can explore several options, and then when you finally made you choice among them, then you open a standard account.

For starters, you can try out FXCM, Private Scandinavian, Dukascopy, and many others. You could also try the one suggested by Hamhaven.

 

[dukascopy&molecule6]

demo account

what ever you do at starting, please start with an demo account for some weeks at minimum, bether for 1-2 month. It will help you save money till you you are satisfied with the broker and trading.

 

[Rosado]

Be careful when choosing a broker. I've read a lot about some brokers being scammers. I suggest you do some thorough research before opening an account with a broker..Goodluck

 

[anna575]

Hello

Nice comments. I also want to learn about Trading. Day trading is the better option for you. It is good for your future. It's very efficient for us. I love this post.😛

 

[deepaksnv]

Forex Brokers

hi kkkr,
i heard of United World Capital Ltd, they offer good services but better if you look for an experienced forex broker who can guide you personally i am also taking services of a forex broker who is not big in name but delivers fruitful results. n remember always start with a demo account.
😎

 

[Megamind]

Real trading and fast execution make good broker.

incentives such as bonuses and competitions.

This is not important part.
Don't even look at such thing. Broker is a company that provides you ways to the market.

Take a look to: Alpari UK, FXpro, HotForex, MB Trading.

 

[molbollinger]

Please go to the relevant financial authority and check for the licenses. Many of them do not have a full license, this is highly dangerous.
There is a German broker, Varengold, they offer 1,000 accounts if you register with CasbullFX, and spreads starting at 2 pips. Varengold is also a German bank, there nothing should go wrong.

 

[More]

I've wrote my opinion about the reputable brokers here: http://www.earnforex.com/forum/f10/brokers-do-you-use-336/index5.html

 

[Gary]

I am also new one in this business and I really appreciate the information here about choosing a good platform as well as important intermediate (broker) to get start.Thanks and keep sharing.I will try out.

 

[Enivid]

Choose brokers with MetaTrader 4 platform.

 

[More]

I am also new one in this business and I really appreciate the information here about choosing a good platform as well as important intermediate (broker) to get start.Thanks and keep sharing.I will try out.

Well I can recommend to start your career with one of the most reputable brokers.
Try these brokers which are good for me:
- Alpari (alpari-forex.com);
- FXOpen (fxopen.com);
- Etoro (etoro.com)

All have MT4 platform.

Good Luck!

 

[danwello]

what ever you do at starting, I would suggest you to start with a demo account or invest a small amount, bether for 1-2 month. It will help you save money till you you are satisfied with the broker and trading.

 

[eyeball]

In choosing a broker, or any vendor of any product or service, the three essential elements are price, quality and service. Price can be determined by reviewing spreads at a number of brokers. Bear in mind that spreads can be fixed or variable depending on the broker and the particular business model they use. Variable does not neccesarily mean wider or more expensive although things can get pricey during periiods of high volatility or prior to a significant economic release or event. The rollover or swap rate for positions held in excess of 3 days is also an important component of price if you intend to hold long term trades, if the broker does (or does not) charge them. In evaluating " price" as well as quality consider " slippage". Are your trades executed at price you ordered or are you a fraction or two removed from your expected entry or exit point. Over the long run this can be costly,especially to scalpers. Quality and service can only be evaluated by experience although opinions of other traders posted on this sight can be helpful. I have dealt with most of the major brokers and I can say the level of sevice and quality is uniformly good in my view. They do vary widely as to price.

 

[Fxpipper]

Brokers et al..

There're quite a few brokers so sorting through the lot may take some time. The good news though is that most brokers will offer you a demo account. Always, always opt for a demo and then, move on to the real one after tons of practice.

 

[abdala]

hi its very hard to find good broker . first what u need to know about withdraw and customer support and its regulated or not
u can try first ACFX , FXCM , FX PRO MANY MORE JUST OPEN MICRO ACCOUNT FIRST AND CHECK ABOUT THEM

 

[daminghu]

Choose a good broker, you should consider many factors： the platform, their customer service, their spread, the server connection, the speed of financial process, you should test the demo account to experience it first.
I finally choose Hotforex after comparing many brokers.

 

[Miker]

Never dealt before with forex co., so need 2 know what can u advise? Mb just watch some tutorials or begin to learn in practice? Is it really profitably?

 

[Karl]

I though 'bout Roboforex 4 some time, passed the regestration. I pay attention to safeguard syst. See they have regulated activity by CySEC and IFSC licenses. Use WebMoney 'n' Western Union, don't have troubles.