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Forex Brokers

Choosing the right Broker is half the battle when trading the Forex Market. Knowing which broker to deposit or not deposit your funds could affect your success in trading just as much as the ascertation of a winning strategy. There are many factors that determine which broker would best fit your trading style and experience level; while there are hundreds of brokers, no two are alike. Here you can discuss anything you'd like about Forex Brokers, advantages, disadvantages, pros, cons, and anything related to Forex Brokers.


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Old 11-20-2009, 15:22   #1
what is the best broker for beginners?
blogger961 blogger961 is offline 11-20-2009, 15:22

Hi,

can i know which is the best regulated and trusted broker for beginners.

thanks, waiting your answers


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Old 11-26-2009, 20:56   #2 (permalink)
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FOREX.com is a good broker to demo things out on.

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Old 11-26-2009, 23:04   #3 (permalink)
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Default gft rocks!

I have a site that deals with teaching new or struggling traders how to trade. If you are not where you want to be in your trading please visit us. We start with teaching you and discussing trading, market, and trader psychology. We go over different time frames and different chart types like candlestick, bar, line, renko, heikin ashi, range etc.. We show you powerful patterns based on price action on these charts. We show you how to enter , exit, and place stop losses. We show many examples as well. We discuss the importance of a trading plan and journal and what they are. We show you how to develop one and how you should follow it as well as an example of one. We show you strategies, risk and money management etc.. We offer a 161 page trading manual. This is very comprehensive and offers an approach to trading that will get you on the path to success!!
See us on the web at tradingyourplan you can also pm me or email me at admin@tradingyourplan.com

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Old 01-07-2010, 12:07   #4 (permalink)
EVANS-DJ
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i have been very happy with ACM service and platform. Extremely helpful and very quick to assist.

you can download the demo for free to try them out. Plus you can contact them by phone or email and they’ll give you fx advices to help you start

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Old 01-14-2010, 21:19   #5 (permalink)
DARP
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HEllo there EVANS thanks for the advice, do you think ACM would be good for opening account with $250 ? thanks again

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Old 02-11-2010, 09:57   #6 (permalink)
robwill
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I have always used OANDA.

I have been with them for a couple of years and have always found them to be honest and helpful.

If you do have any problems they will deal with them quickly and efficiently.

I started with their Demo account where you can trade without risking your capital until you are ready to use real money.

Robert.

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Old 02-12-2010, 00:51   #7 (permalink)
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Robwill, is OANDA a UK broker? Where are they based?

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Old 02-14-2010, 10:36   #8 (permalink)
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I recommended IamFX broker with really low spread and good support.
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Old 02-16-2010, 12:15   #9 (permalink)
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Hi Blogger961, One Financial are a UK based FSA regulated broker providing tight fixed spreads which is ideal for a beginner. You can start an account for just $250 and trade a vast range of products. Look up our 'get fit to trade report' which will help you learn where you're going wrong or how you can improve. You will also receive a dedicated account manager who you can bounce ideas off and get the full support traders look for. We have a choice of the famous MT4 trading platform or our own award winning platform - One Financial EDGE which runs on a browser with no need to download.
If you dont choose One Financial then make sure whoever you do choose is FSA regulated.

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Old 03-08-2010, 01:10   #10 (permalink)
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Default Good Broker

I have used IBFX and like them. The customer service is great. The benefit of a larger one like FXCM is they have more resources.

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Old 03-12-2010, 15:38   #11 (permalink)
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Go to this web page danaexchange.com! They guide you through all the process and they give you personal assistance. You should try it, they are one of the best! and are under the regulations of Bermuda!

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Old 03-17-2010, 20:06   #12 (permalink)
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Consol

You’ve probably heard of Forex brokers ripping off their clients by using various dirty tricks. Some of the most common ones are: stop hunting, requoting, widening the spread to some ridiculous number, software disconnects, lagging/fraudulent price quotes, unfilled orders, and account banning. Yes, they will politely (sometimes not so politely) tell you to bugger off if you’re consistently profitable.

Experienced traders already know the games dealing desk forex brokers play. Having said that my advice is this:. Stick to only so called “reputable” brokers.Most of brokers you know are cheaters.If you are TRUE forex trader ,I will recommend you one.Try http://www.masterforex.org and feel the difference

I am managing $120000 account earn 25-45 percent month.I tried others but they riffed me a lot. http://www.masterforex.org is best for me


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Old 04-23-2010, 23:44   #13 (permalink)
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Has anyone tried FX OPEN? I am debating weheter or not to deposit some funds with them.

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Old 05-21-2010, 05:18   #14 (permalink)
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Default Re: what is the best broker for beginners?

its hard to say what the best broker for anyone is, honestly, its all up to each person

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Old 06-17-2010, 08:32   #15 (permalink)
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Default Re: what is the best broker for beginners?

I agree with magiikman, it depends on you. Try the demo accounts of different brokers and from there decide which is the best for you. As for me, I find fsifx.com good

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Old 06-18-2010, 07:03   #16 (permalink)
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Default Re: what is the best broker for beginners?

So Oanada is good for Beginners? I give them a shot.

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Old 07-18-2010, 08:20   #17 (permalink)
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Default Re: what is the best broker for beginners?

no one heard of FX Open? strange...

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Old 07-22-2010, 07:16   #18 (permalink)
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Default Re: what is the best broker for beginners?

The opportunities that forex trading provides for different individuals, firms, and organizations is growing rapidly every year.

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