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Best Broker for a Newbie

ethan_65
Mar 21 2020 at 04:06
posts 41
Currently, I am using turnkeyforex.com, I just deposited $5 to open a micro account with them and the spreads are not very high as well. I am satisfied trading with them.
Profits
JapaneseGroupFx
Mar 21 2020 at 22:52
posts 77
ethan_65 posted:
Currently, I am using turnkeyforex.com, I just deposited $5 to open a micro account with them and the spreads are not very high as well. I am satisfied trading with them.

Do people really trade $5? I don't understand why people we do that as I'm definitely sure it's not for paying bills purpose
Tygotaylor
Mar 30 2020 at 07:49
posts 33
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
jamubang
Apr 05 2020 at 04:22
posts 11
I would recommend you to start with a demo account first
jayjoh
Apr 07 2020 at 12:16
posts 10
if you are a newbie it Is very important to note that regulation is the most important factor while choosing a broker, since your funds will be safe with them. after this, some other important things to consider are spreads, order execution(no delays or requotes or slippage) and commission charges.
Here some of the brokers I like: Pepperstone, Fxpro, Tickmill.
But I would recommend you to dyor before choosing any of them.
Imamul
Apr 23 2020 at 15:29
posts 785
Before large investments we generally open a demo account in a broker to see the performance how it works. But I have seen, after large investments brokers attitude changes sometimes that is not available in micro accounts.
almfx
Apr 23 2020 at 15:45
posts 251
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 .
Dorigda
Apr 24 2020 at 06:24
posts 83
As for me, it is better for a beginner to choose a broker who offers help from managers, small leverage, and a large set of financial instruments?
Imamul
Apr 24 2020 at 15:31
posts 785
Nowadays it’s very difficult to consider a broker as a best broker, because lots of trading brokers are available in retail market place and most of them are found to be scams.
vontogr (togr)
Apr 28 2020 at 08:04
posts 4862
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
RO_Trader (ruioliveira)
May 11 2020 at 02:26
posts 4
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.
vontogr (togr)
May 11 2020 at 08:32
posts 4862
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.
RO_Trader (ruioliveira)
May 11 2020 at 11:12
posts 4
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/
forex_trader_[581612]
May 13 2020 at 12:45
posts 15
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
May 14 2020 at 10:26
posts 50
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.
WealthWallet (WealthWallett)
Jun 10 2020 at 02:28
posts 7
Hi, I think best broker is FXPIG.

You can view our FXPIG PAMM Account.

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




Thankyou,
WealthWallet FXPIG PAMM
Roberto21
Jun 18 2020 at 06:20
posts 364
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.
Morgan Edwards (morganedwards)
Jun 23 2020 at 12:56
posts 14
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
Jun 25 2020 at 12:34
posts 59
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.
tilenmlakar
Jun 26 2020 at 06:01
posts 3
Roberto21 posted:
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.

Thanks for your tips with these sites. Really useful information
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