Which is the best forex broker to start Forex Trading?

Discussion in 'Forex Brokers' started by Elmira Nancy, Nov 16, 2009.

  1. lowe

    lowe Confirmed ProfiForex Representative

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    There are many brokers out there that fit your description, but the irony of the whole thing is that we can't use all of them at the same time, maybe one or two at most. But all the same, credit should be given to these brokers, they are all trying in their respective ways. I take my ''hat off'' for mine Profiforex, they are so calm in handling issues when raised, always looking for the best way to help. At times I wonder what would happen if we don't have brokers and good forum sites like this one!
     
  2. Emibluz

    Emibluz Banned

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    Brokers bring the market to common people and small time investors. Without brokers, people will be able to trade forex anyway, but these ones would be the big guys.
     
  3. bablogfx

    bablogfx Confirmed HotForex Representative

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    Actually it might be rather frustrating than helpful for you to rely on our recommendations. Try to choose 3-4 four brokers here then make your personal research ( look up especially in scam folders) to shrink you list to 2 brokers and then test it to compare, find pitfalls, conditiions that don't suit you..I consider it as the most effective strategy for selecting your broker.

    As for me I trade with hotforex. But don't take my word as your final decision, do some unbiased research, free of advices.

    hope it helps..
     
  4. lowe

    lowe Confirmed ProfiForex Representative

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    Nice advice here, make out a list from the ones recommended. At least from these there would always be one you can open an account with. The truth is there would always be many recommendations, but the final decision rest solely on us. Every trader has something that he is looking for in a broker, so lets look for that thing and find that one broker for it. Mine is reliability and efficient platform, especially one that doesn't freeze, and Profiforex hasn't failed me in this regard!
     
  5. Kate

    Kate Trader

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    What for you need to post this message almost in every topic?
     
  6. Aby123

    Aby123 Active Trader

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    Give 1pipfix a glimpse. Very flexible to any kinds of traders, especially the small traders and the starting ones.
     
  7. kaito kid

    kaito kid Banned

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    Try FBS , I use this broker at the start of trading until now. I think the broker is suitable for various types of traders
     
  8. Aby123

    Aby123 Active Trader

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    And I agree with this points. But you could still choose from some of the recommendations given and do your own research.
     
  9. Rockefeller

    Rockefeller Master Trader

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    I am using Armada Markets. Have been using them over 8 months now.
     
  10. fxtrader09

    fxtrader09 Banned

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    There are so many broker on Forex trading world. You can choose anyone of them according to your mind and needs. But it would be great if you go with a regulate broker life OctaFx platform to get proper facilities and make your trading Career easy to get profits.
     
  11. Aby123

    Aby123 Active Trader

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    Many forex broker will promise you a very good profit. But we always know the truth that there are so much to consider and learn before one becomes consistent and profitable. And the profits you will make will depend on your trading skills and knowledge.................
     
  12. Bill Korneus

    Bill Korneus Trader

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    Dear Elmira Nancy. There are too many brokers you can start to trade with. So I want to give you some advices:
    If you are beginner in FX trading, it's better to start to trade with brokers that are good-known in the world (such as alpari, Insta. FXCM, Dukas e.t.c.)
    Choose the broker that has low minimal depo (from 10$ to 100$) for training with "live" money (I mean live account) and try to trade for a few time. Then you can make your own researches about broker you traded with. Think about that what you like in this brokers company and what you dislike. Then choose the next broker with terms of trade you'll like more. And one more thing: Before you'll open a live account you must to pay attention to terms of trading and Client Agreement.
     
  13. fxtrader09

    fxtrader09 Banned

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    I will definitely say, OctaFx is the best Forex broker to start Forex trading with. You will get maximum supports from broker and get technical analysis given by certified traders to ensure your Profits with this broker. So why late? join OctaFx right now and start your Trading.
     
  14. kaito kid

    kaito kid Banned

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    I think the appropriate broker to start trading is a brokerage that provides comfort for traders. I feel comfortable in the FBS with friendly customer support and fast withdrawal process. join FBS right now and start your Trading
     
  15. Exness Support

    Exness Support Active Trader

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    Well it depends on what is your trading strategy. If you are a scalper you should look for tight spreads and fast execution as priority. Brokers such as Exness, Alpari offer very tight spreads and high leverage. Also you have to choose a broker who offers flexible deposit and withdrawal according to your convenience.
     
  16. joemax

    joemax Banned

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    There are several good forex brokers that operate platforms that would make one trade like a professional. I had the experience of using few ones like Alpari, profiforex, fxpro, and the list continuous. These platforms give good leverages, enables one to get the instant news breaks, and the spreads are ok.
     
  17. vicknic

    vicknic Confirmed ProfiForex Representative

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    The best brokers to start your trades should be STP/ECN brokers. This type of broker forwards your order directly to the international market where there are available liquidity providers ready to accept your deal without delay. This is why trading is more easier when dealing with a broker that uses NDD execution. More importantly, choose a broker that treats clients kindly and listens to you when you have a problem.
     
  18. toretton

    toretton Trader

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    The one who can offer cent accounts instead of demo, who is not a scammer and who has good support - for any newbie
     
  19. inggo

    inggo Master Trader

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    its a good thing if a broker can offer cent accounts its way better than practicing on demo, but demo has its uses for those who never tried forex before, total beginners.
     
  20. toretton

    toretton Trader

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    Maybe you are right.. But when a total beginner starts trading on a demo account he could think it's too easy since he hasn't a feeling of reality and does not lose real money
     

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