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Best Broker for a Newbie
Členem od Jul 19, 2020
749 příspěvků
Sep 06, 2021 at 08:14
Členem od Jul 19, 2020
749 příspěvků
To choose a broker, a new trader should be careful..they should do some research on internet. And choose a broker that is regulated and licensed.
Členem od Mar 28, 2021
586 příspěvků
Sep 27, 2021 at 12:36
Členem od Mar 28, 2021
586 příspěvků
To me MT4 is the easiest platform to navigate and trading. May be I am used to it, that's why I find it comfortable compared to MT5 or cTrader.
Členem od Jun 08, 2020
40 příspěvků
Sep 28, 2021 at 04:37
Členem od Jun 08, 2020
40 příspěvků
In my opinion, for beginners, it is better to choose a broker that has micro lots for lower risk and capital with good customer service to help during the initial stage.
I suggest FP Markets because their micro lot account offers some of the lowest spreads, and their customer service is quick in answering clients queries even through emails and live chats.
I suggest FP Markets because their micro lot account offers some of the lowest spreads, and their customer service is quick in answering clients queries even through emails and live chats.
Členem od May 24, 2020
102 příspěvků
Sep 28, 2021 at 11:00
Členem od May 24, 2020
102 příspěvků
When choosing a broker, of course, a beginner should pay attention to what spread is provided to brokers, what are the conditions for the payment system, as well as how many years it has been on the market.
Členem od Jul 19, 2020
749 příspěvků
Oct 03, 2021 at 12:23
Členem od Jul 19, 2020
749 příspěvků
A newbie should do enough research to find a broker. Without knowing how to find a good broker, one should not start trading.
Členem od May 27, 2021
56 příspěvků
Oct 08, 2021 at 03:50
Členem od May 27, 2021
56 příspěvků
UweMoench posted:
A newbie should do enough research to find a broker. Without knowing how to find a good broker, one should not start trading.
I agree with you, for new traders research at the initial stage is very important, I also used to be in the same dilemma when I started trading, got to know about a few brokers and luckily found fxview trading conditions quite suited to my requirements.
Členem od Aug 17, 2021
87 příspěvků
Oct 09, 2021 at 19:10
Členem od Aug 17, 2021
87 příspěvků
Ask yourself the following questions to determine which broker and model might be right for you:
1: How much money do you want to invest?
2: How much do you know about investing?
3: How much control do you want over your investments?
4: Will you be trading intraday, end of day or weekly?
5: How often will you likely to be trading
1: How much money do you want to invest?
2: How much do you know about investing?
3: How much control do you want over your investments?
4: Will you be trading intraday, end of day or weekly?
5: How often will you likely to be trading
Členem od Feb 20, 2021
51 příspěvků
Oct 12, 2021 at 10:28
Členem od Feb 20, 2021
51 příspěvků
A broker with low trading cost is good imo, found coinexx suitable because of its low commission cost of a dollar per lot.
Členem od Mar 28, 2021
586 příspěvků
Jan 31, 2022 at 22:17
Členem od Mar 28, 2021
586 příspěvků
A new trader must be cautious when choosing a broker. Make sure you choose a licensed broker.
Členem od Jan 22, 2021
126 příspěvků
Feb 02, 2022 at 06:40
Členem od Jan 22, 2021
126 příspěvků
Akasuki posted:
A new trader must be cautious when choosing a broker. Make sure you choose a licensed broker.
Agree! The very first thing should be the regulation only to filter a good broker. When I started I had these options; Fxview Pepperstone Tickmill. These all are best in terms of trading conditions just differ on the fees part.
Členem od Aug 28, 2020
29 příspěvků
Feb 02, 2022 at 15:07
Členem od Aug 28, 2020
29 příspěvků
Yes, every new trader should choose a regulated broker instead of going with brokers that offer bonuses that can be scammed.
It took nearly two months to choose a broker, and finally I now trade with an ASIC and CYSEC regulated broker, FP Markets. It is also an older broker with over twenty years of forex business experience.
It took nearly two months to choose a broker, and finally I now trade with an ASIC and CYSEC regulated broker, FP Markets. It is also an older broker with over twenty years of forex business experience.
Členem od Apr 09, 2019
516 příspěvků
Feb 10, 2022 at 10:54
Členem od Apr 09, 2019
516 příspěvků
An account that is reliable and allows for fairly low initial deposits probably or micro account trading. Personally I use regulated and unregulated and can personally vouch for IG, IC Markets and CedarFX but you have to know what you will need from a broker and go from there.
If you can't spot the liquidity then you are the liquidity.
Členem od Sep 07, 2020
70 příspěvků
Feb 11, 2022 at 12:03
Členem od Sep 07, 2020
70 příspěvků
sebking1986 posted:
An account that is reliable and allows for fairly low initial deposits probably or micro account trading. Personally I use regulated and unregulated and can personally vouch for IG, IC Markets and CedarFX but you have to know what you will need from a broker and go from there.
Can agree with you on IC Markets. One of better brokers to trade, along with fxview and pepperstone.
Členem od Jan 18, 2022
47 příspěvků
Feb 23, 2022 at 12:59
Členem od Jan 18, 2022
47 příspěvků
I started live trading a year back with Coinexx, and it's going well so far. The trading conditions are good and the customer support is really helpful which I guess is very important for every new trader.
Členem od Oct 20, 2020
45 příspěvků
Feb 24, 2022 at 08:47
Členem od Oct 20, 2020
45 příspěvků
For beginners or newbies, I suggest trading with brokers that have a lower opening balance or with micro lot accounts for lower risks and loss value.
I recommend brokers like XM or FP Markets, because they are reliable to trade with and provide some of the best trading conditions. I trade with FP markets because their minimum opening balance is only $6 per round per lot.
I recommend brokers like XM or FP Markets, because they are reliable to trade with and provide some of the best trading conditions. I trade with FP markets because their minimum opening balance is only $6 per round per lot.
Členem od Dec 05, 2020
76 příspěvků
Feb 24, 2022 at 11:36
Členem od Dec 05, 2020
76 příspěvků
radioactive posted:
Can agree with you on IC Markets. One of better brokers to trade, along with fxview and pepperstone.
how long do they all take for withdrawals?
Členem od Sep 07, 2020
70 příspěvků
Feb 25, 2022 at 11:23
Členem od Sep 07, 2020
70 příspěvků
Jude_craig posted:radioactive posted:
Can agree with you on IC Markets. One of better brokers to trade, along with fxview and pepperstone.
how long do they all take for withdrawals?
@Jude_craig Last time when I used them, they were all on quick feet. Maximum withdrawal was within a day.
Členem od May 27, 2021
56 příspěvků
Feb 28, 2022 at 11:58
Členem od May 27, 2021
56 příspěvků
Well there are a lot of regulated brokers with good trading conditions, some of them which I prefer are:
Fxview - $2/RT
IC Markets - $6/RT
Fxpro - $9/RT
Fxview - $2/RT
IC Markets - $6/RT
Fxpro - $9/RT
Členem od May 31, 2021
44 příspěvků
Mar 02, 2022 at 08:15
Členem od May 31, 2021
44 příspěvků
Newbies should trade with regulated brokers, and it would be an advantage if their broker is also an older broker.
ICM and FP Markets are regulated by ASIC and also older brokers with over 10 years of experience in forex. ICM has an opening balance of $200 AUD and FP Markets has a lower opening balance of $100 AUD.
ICM and FP Markets are regulated by ASIC and also older brokers with over 10 years of experience in forex. ICM has an opening balance of $200 AUD and FP Markets has a lower opening balance of $100 AUD.
Členem od Nov 03, 2020
72 příspěvků
Mar 09, 2022 at 10:59
Členem od Nov 03, 2020
72 příspěvků
CocoChannel posted:
Well there are a lot of regulated brokers with good trading conditions, some of them which I prefer are:
Fxview - $2/RT
IC Markets - $6/RT
Fxpro - $9/RT
For lower commission, I would recommend fxview ($2RT), or Tickmill ($4RT). Both are solid brokers to use for me these days. Plus they are regulated, so you’ll be in good hands.

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