Best Forex Broker

[TheFxTrader]

Hi, folks.
I'm new in the forum and recently I decided to start learning financial trading.
I am still reviewing some brokers. My main requirements are:
1. User friendly platform, as most of the platforms I've been looking at recently look very complex to me.
2. Free demo account, as I want to try it out safely, prior to going real.
3. Low min deposit, as I want to start with a small amount and see where this takes me.
4. Mobile app, as I need to make sure I'll have access to my account on the go.
5. Some sort of educational hub where I can learn about the markets.
Once I choose my broker I'll let you know. In the meantime, please feel free to suggest.
I would be happy to review your suggestions as well.

 

[Enivid]

Hi, folks.
I'm new in the forum and recently I decided to start learning financial trading.
I am still reviewing some brokers. My main requirements are:
1. User friendly platform, as most of the platforms I've been looking at recently look very complex to me.
2. Free demo account, as I want to try it out safely, prior to going real.
3. Low min deposit, as I want to start with a small amount and see where this takes me.
4. Mobile app, as I need to make sure I'll have access to my account on the go.
5. Some sort of educational hub where I can learn about the markets.
Once I choose my broker I'll let you know. In the meantime, please feel free to suggest.
I would be happy to review your suggestions as well.

I recommend RoboForex. They offer MT4 and cTrader platforms which both are easy to use. And they feature free webinars for new traders.

 

[ambitionfx]

Hi, folks.
I'm new in the forum and recently I decided to start learning financial trading.
I am still reviewing some brokers. My main requirements are:
1. User friendly platform, as most of the platforms I've been looking at recently look very complex to me.
2. Free demo account, as I want to try it out safely, prior to going real.
3. Low min deposit, as I want to start with a small amount and see where this takes me.
4. Mobile app, as I need to make sure I'll have access to my account on the go.
5. Some sort of educational hub where I can learn about the markets.
Once I choose my broker I'll let you know. In the meantime, please feel free to suggest.
I would be happy to review your suggestions as well.

Most MT4 brokers can respond your requirements, but I think you can try Vinson Financials, the spread on Eur/usd is ~ 1.5.

 

[Steve Lock]

As for a simple trading platform: I gueesed there is no simpler platform than MT4. But a new MY4 web platfom is just a miracle. It's the simplest one I have ever tried. As I know FreshForex provides it.

 

[TheFxTrader]

Thanks for your suggestions. I'll definitely take a look at those brokers. A friend of mine also recommends Trading 212. They have their own platform that looks pretty straightforward. What do you guys think of them? Is there someone using their platform?

 

[TheFxTrader]

Thanks for your suggestions. I'll definitely take a look at those brokers. A friend of mine also recommends Trading 212. They have their own platform that looks pretty straightforward. What do you guys think of them? Is there someone using their platform?

I think I'll go with Trading 212 guys. So far I feel their platform the most comfortable to me. If you are using them too, I would be happy if you share your impressions about them. I will definitely feel better if there is someone who can back me up for my choice. 🙂)))

 

[Lisa Anwood]

Hello all,

If you’re thinking of venturing into the Forex exchange market, the first step is to acquire the services of a Forex broker. Forex brokers offer investors the facility to conduct online Forex trading, as well as providing in-depth information on market trends. Some brokers even offer a comprehensive market analysis to their clients, making it easier for them to take appropriate trading decisions. Choosing the right Forex Broker makes all the difference to the extent of your success in the Forex market.

A good Forex broker would also provide you with all the available market research and tools to help you take the best possible action. So make this decision wisely.

 

[Wanja]

I think this question is a bit ambiguous but the answer depends on one's experience with the respective broker. I would mention many brokers, because technically all genuine brokers are best, but for the sake of this question. the best Broker according to my own evaluation is FreshForex, viewed in the light of spreads, execution time, and customer services, It is one of the best. Though there are many, many brokers out there!

 

[jellyeb]

I recommend RoboForex. They offer MT4 and cTrader platforms which both are easy to use. And they feature free webinars for new traders.

I want to try some news straddle strategy and my current broker is Hotforex can I use robo as well, do they have any news trading restrictions?

 

[Enivid]

I want to try some news straddle strategy and my current broker is Hotforex can I use robo as well, do they have any news trading restrictions?

No news trading restrictions that I know of.

 

[inggo]

I dont think there are news restrictions anywhere, though traders would usually tell you to avoid news trading if uncertain of how its done. if you are refering to EAs as robo i would say yeah hotforex does allow it, though no actual experience here, im all manual.

 

[Jack72]

Basically you need to find a broker that suits your needs as a trader. I'm based in the United States and my options are very limited. I have found a company that suits me best and the trading conditions are very good. It's a personal opinion, but if you want to test a company and you are not sure about its track record I believe you should start with a small deposit to test the execution speed and the spreads.

 

[garena]

U.S is like another world in Forex. Most broker doesn't accept U.S based trader. But I wonder if I am living outside US can trade with Forex US broker?

 

[Ryan Gardiner]

My Preferred brokers are: Exness, HotForex, USG FX, IronFX & ICMarkets.

 

[Jack72]

U.S is like another world in Forex. Most broker doesn't accept U.S based trader. But I wonder if I am living outside US can trade with Forex US broker?

We are all screwed up by CFTC, but luckily we have some alternatives offshore. I believe you should be able to trade with a US Forex broker, but why would you do that?

 

[ijak8510]

We are all screwed up by CFTC, but luckily we have some alternatives offshore. I believe you should be able to trade with a US Forex broker, but why would you do that?

but not all offshore brokers accept US Traders. no hurt feeling, but i think it is hard to be a US traders, because many brokers too afraid to accept us traders.

 

[Jack72]

but not all offshore brokers accept US Traders. no hurt feeling, but i think it is hard to be a US traders, because many brokers too afraid to accept us traders.

You are absolutely right. I know a few and I'm currently trading with LMFX.

 

[garena]

Are you meaning you are trading with a broker broker accept U.S trader?

 

[Jack72]

Yes I'm trading with a broker that accepts US traders.

 

[inggo]

My Preferred brokers are: Exness, HotForex, USG FX, IronFX & ICMarkets.

i would say avoid IronFx they have too many issues going on, yes hotforex is another good broker, but they do not accept us traders, and i agree LMFX is a good trader that allow US trader, i have an account with them as well.