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Best Broker for a Newbie
Oct 15, 2018 at 11:53
Membre depuis Aug 11, 2017
posts 870
In Fx trading choosing a broker should in cool mind. Please don’t choose a broker in an emotional state because most of the brokers are found to be scams. And despite of good trading knowledge that’s not possible at all to make profit constancy without a reliable support form a reliable broker.

forex_trader_404449
Membre depuis Feb 19, 2017
posts 13
Oct 15, 2018 at 12:57
Membre depuis Feb 19, 2017
posts 13
it doesn't matter newbie or not - a well regulated true ECN broker with tight spreads and low commissions is the way to trade (FXOpen UK in Europe, ICMarkets etc)... For practice trading instead of a demo chose a broker with real nano-lot accounts = 1 unit min. trade (Oanda etc.)
Membre depuis Feb 22, 2011
posts 4573
Oct 16, 2018 at 06:08
Membre depuis Feb 22, 2011
posts 4573
jnimc posted:
it doesn't matter newbie or not - a well regulated true ECN broker with tight spreads and low commissions is the way to trade (FXOpen UK in Europe, ICMarkets etc)... For practice trading instead of a demo chose a broker with real nano-lot accounts = 1 unit min. trade (Oanda etc.)
Quite well said
Oct 17, 2018 at 12:45
Membre depuis Feb 12, 2016
posts 394
Choosing Broker is definitely more complicated for Newbie then for someone with experience. With the time you learn what you should look for and abbreviations like STP, DMA, NDD are understandable. My advice for all start up traders will be to look for exactly those criteria’s (STP – straight through processing; DMA – direct market access; NDD – no dealing desk) and choose broker that fulfil all of them and it is of course regulated.
Accept the loss as experience
Membre depuis Feb 22, 2011
posts 4573
Oct 17, 2018 at 13:56
Membre depuis Feb 22, 2011
posts 4573
TiffanyK posted:
Choosing Broker is definitely more complicated for Newbie then for someone with experience. With the time you learn what you should look for and abbreviations like STP, DMA, NDD are understandable. My advice for all start up traders will be to look for exactly those criteria’s (STP – straight through processing; DMA – direct market access; NDD – no dealing desk) and choose broker that fulfil all of them and it is of course regulated. [/Plus avoid any Russian broker
They do often steal your money or go bankrupt.
Oct 19, 2018 at 09:20
Membre depuis Nov 30, 2016
posts 11
I have been using Turnkey Forex lately and so far they have been excellent.
Here's a review of them:
https://groundfinance.com/turnkey-forex/
All the best to you in your trading!
Here's a review of them:
https://groundfinance.com/turnkey-forex/
All the best to you in your trading!
Oct 21, 2018 at 06:14
Membre depuis Oct 08, 2018
posts 10
WeHu58 posted:
I put my trades to 4 different broker, since they offer different spreads for different charts.
I use multiple broker too. This is best way if you have large account. Not the best solution for a newbie though. I would just use one of the major brokers and use demo until for a while
Membre depuis Oct 09, 2018
posts 41
Nov 12, 2018 at 09:01
Membre depuis Aug 11, 2017
posts 870
We the traders who are particularly scalpers have to choose the brokers which for all time make sure lowest trading spreads which is very supportive to make profit with certainly by using scalping policy that brings profit in a short time.
Membre depuis Nov 29, 2018
posts 2
Feb 11, 2019 at 10:07
Membre depuis Aug 11, 2017
posts 870
It is very much difficult to recommend at any brokers, because there are almost thousands broker in online retail market and most of them are found to be scams. From all we can choose the broker which is regulated and make sure a wide range of trading technologies.
Membre depuis Feb 10, 2019
posts 52
Membre depuis Feb 25, 2019
posts 10
Membre depuis Dec 24, 2018
posts 38

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