Best Broker for a Newbie
Mitglied seit Jul 23, 2020
759 Posts
Sep 01, 2021 at 21:59
Regulated brokers are best for all kinds of traders.
Mitglied seit Jun 26, 2020
327 Posts
Sep 02, 2021 at 07:37
the best broker is a broker which always ensure security of funds with a wide range of trading technologies. and they dont restrict any kind of trading technologies.
Sep 28, 2021 at 04:37
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.
Mitglied seit May 27, 2021
57 Posts
Oct 08, 2021 at 03:50
UweMoench posted: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.
A newbie should do enough research to find a broker. Without knowing how to find a good broker, one should not start trading.
Mitglied seit Aug 17, 2021
94 Posts
Oct 09, 2021 at 19:10
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
Mitglied seit Feb 20, 2021
53 Posts
Oct 12, 2021 at 10:28
A broker with low trading cost is good imo, found coinexx suitable because of its low commission cost of a dollar per lot.
Mitglied seit Jan 22, 2021
125 Posts
Feb 02, 2022 at 06:40
Akasuki posted: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.
A new trader must be cautious when choosing a broker. Make sure you choose a licensed broker.
Feb 02, 2022 at 15:07
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.
Mitglied seit Jun 16, 2021
111 Posts
Feb 09, 2022 at 04:30
Three things that are generally required by beginners are: lower trading cost, micro accounts and good customer support. Lmfx, turnkeyforex, paxforex are all good and low cost brokers for newbies. I don’t think as a beginner one should take huge risks or trade for big profits. The initial trading phase is all about learning for which micro accounts are the best.
Mitglied seit Apr 09, 2019
538 Posts
Feb 10, 2022 at 10:54
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.
Mitglied seit Sep 07, 2020
63 Posts
Feb 11, 2022 at 12:03
sebking1986 posted:Can agree with you on IC Markets. One of better brokers to trade, along with fxview and pepperstone.
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.
Feb 24, 2022 at 08:47
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.
Mitglied seit Dec 05, 2020
81 Posts
Feb 24, 2022 at 11:36
radioactive posted:how long do they all take for withdrawals?
Can agree with you on IC Markets. One of better brokers to trade, along with fxview and pepperstone.
Mitglied seit Sep 07, 2020
63 Posts
Feb 25, 2022 at 11:23
Jude_craig posted:radioactive posted:how long do they all take for withdrawals?
Can agree with you on IC Markets. One of better brokers to trade, along with fxview and pepperstone.
@Jude_craig Last time when I used them, they were all on quick feet. Maximum withdrawal was within a day.
