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Best Broker for a Newbie
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togr

Member Since Feb 22, 2011  4753 posts vontogr (togr) Apr 28 at 08:04
almfx posted:
According to my experience. I can recommend :

Icmarkets, pepperstone, ATC brokers, FC stone, admiral markets, interactive brokers. Trade max, Lmax.

And some famous brokers that you must stay away from:
Octafx. FBS. Traders trust, Fxopen( real02 servers cent) , weltrade, fortfs. ... So be careful what you choose .


I would agree with you
But I had never had problem with OctaFx nor FortFs

I trade what I like. I like what I trade.
ruioliveira

Member Since Nov 12, 2015  4 posts RO_Trader (ruioliveira) May 11 at 02:26
Why not starting with a Broker that uses a platform where the pips and swaps, and all that makes confusion to a newbie does not exist?

And be able to start with $10, since we all know newbies do lose 1st deposits.

And in a platform that is more intuitive to someone that has never traded before.

I would prefer.

/ /
togr

Member Since Feb 22, 2011  4753 posts vontogr (togr) May 11 at 08:32
ruioliveira posted:
Why not starting with a Broker that uses a platform where the pips and swaps, and all that makes confusion to a newbie does not exist?

And be able to start with $10, since we all know newbies do lose 1st deposits.

And in a platform that is more intuitive to someone that has never traded before.

I would prefer.

Pips does not exist, explain.

I trade what I like. I like what I trade.
ruioliveira

Member Since Nov 12, 2015  4 posts RO_Trader (ruioliveira) May 11 at 11:12
Because you trade on value, not on lots.

And be able to start with $10, since we all know newbies do lose 1st deposits.


I don't if I can leave a link, but ok, if moderators don't want, they can erase the comment:

https://thebinaryoptionsblog.com/forex-at-iq-option/

/ /
Luck13

Member Since Nov 20, 2018  15 posts Luck13 May 13 at 12:45
I'm trading with 2 brokers. Have basic account with XM and arbitrage account with Grinta-Invest.

Both of them are fine for me.

jaredtaylor

Member Since Aug 05, 2019  40 posts jaredtaylor May 14 at 10:26
Tygotaylor posted:
If you are a newbie then it's important to look for a few things which i considered while choosing my broker
1 Spreads and Commissions
2 Leverage
3 Customer Support

Rightly said. These are exactly the same things which i considered while choosing a broker. Currently trading with turnkey forex and all these factors seem fine with them as i’ve experienced low spreads, low comm. charges along with decent customer service.

WealthWallett

Member Since Jun 08, 2020  7 posts WealthWallet (WealthWallett) Jun 10 at 02:28
Hi, I think best broker is FXPIG.

You can view our FXPIG PAMM Account.

https://www.myfxbook.com/members/WealthWallett




Thankyou,
WealthWallet FXPIG PAMM

WealthWallett
Roberto21

Member Since May 02, 2019  267 posts Roberto21 Jun 18 at 06:20
Honestly speaking, if you want to find a right broker, you have to move Forex Pace Army where people share their own trading experience. And myfxbook EarnForex and Babypips can be a great source to find a right broker nowadays.

morganedwards

Member Since Jun 03, 2020  4 posts Morgan Edwards (morganedwards) Jun 23 at 12:56
It is quite difficult to choose a broker being a newbie. There are different parameters on which a broker is compared such as spreads, withdrawals, execution, leverage and what not.

As per my experience, you can go for Coinexx, X-trade brokers, Turnkeyforex. Each of the broker has good trading conditions with impeccable trade execution. Turnkeyforex has a multiple variety in their account type. Every trader can look upto according to their preference. When I was trading with Coinexx one of the best things that I liked about this broker is - my trades never freezed and execution was super fast. X-trade is in the same way one of my favourites due to the tightest spreads.

Keeping in view the satisfactory trading conditions of these brokers, I recommend you to try them and make up your mind.

Happy trading :)

inspirenez

Member Since Jun 15, 2020  5 posts inspirenez Jun 25 at 12:34
For a trader like me, understanding the market changes and making the moves accordingly can be too big to deal with. Initially I wasn’t even able to pick which stocks would be suitable for me. This made me look for brokers that could be good for the beginners and that’s how I ended with finding Forex com, FxView and IG to be the most suitable ones to go with. In my initial days of trading, I had a lot of frustrating experience with other brokers. Forexpeacearmy(FPA) is a good place to check reviews in detail, if you are not sure of any broker. Reliable brokers like Forex com and FxView can help you accelerate your own learning curve and save you some of the stress.

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