Best Broker for a Newbie

FXPro is good broker.
Spreads are too high for scalping though

Well depending, i just love them, also love Fxcm, hotforex, but i just feel very secured on fxpro, also allow me to bridge Dukascopy accounts, like i have no problem like scalping as in below

I think avatrade is a good broker for newbie.

The broker can affects the result of our trading with certainly, so choosing a broker should be in cool mind , please don’t choose a broker in an emotional state, it would be great if we choose the broker which is more appropriate to the concept of trading that will be used , the traders who are particularly scalpers have to choose the broker which allows trading concept such as this.

frankmartin1 posted:
I think avatrade is a good broker for newbie.

Why? Do they have lots of resources available? I thought that Ava had quote high spreads

ICmarkets or AXitrader..
if you scalping , regulated broker and priority at spread choose ICmarkets ECN is the best (+comision usd 7/ lot) and NY base server...but innitial deposit min USD 200 (ECN)

or Axitader is good, regulated broker and no minimun deposit....

correct me if wroong......or for latest check for these brokers...

I have used IC and found them to be pretty good. As good as any other. You should be able to get your money back as well because they are regulated

ICMarkets man, the best broker i ever used.
Regulated, low spreads and great support.

I have account with IC Markets, Vantage and Pepperstone, low spread and good conditions for trading.

I am loving this thread as im a newbie :) i always worry about getting burnt. so will follow this thread with interest

I like IC markets :)

When looking for a broker there are many things that you have to check. Accordion to my trading experience, first of all, I will be looking for in a broker is, if they are regulated or not. Then I will see their deposits and withdrawal system how it works. Only regulated trading broker guarantee their client’s funds with certainly.

This thread is interesting to read...... I always like to be neutral about regulated and unregualted brokers as i feel my trades have been affected due to price manipulation via a REGULATED broker in the past, multiple times, which then nudged me to check out some unregulated brokers.. but i like to use both, depending on what instruments i trade and also what spreads etc the broker can offer me.

This is going to be a great post. I am getting new things everyday. Thanks a lot for starting a post like this one.

Some interesting information here, will keep my eyes peeled

this is a great thread :) some interesting views here. thanks guys

AdamCantor posted:
This thread is interesting to read...... I always like to be neutral about regulated and unregualted brokers as i feel my trades have been affected due to price manipulation via a REGULATED broker in the past, multiple times, which then nudged me to check out some unregulated brokers.. but i like to use both, depending on what instruments i trade and also what spreads etc the broker can offer me.

i completely agree, regulated brokers are not always good brokers by default. whether a broker is good or bad, it all depends on the what kind of trading conditions it offer. what are the spreads, commissions, executions and most of all whether its ECN or not. because you always get screwed by a market maker which can be a regulated one as well. so we need to choose the broker wisely who does not manipulate the prices and does not trade against us

ranferi posted:

CRPA9 posted:
I like IC markets :)

Yes is good :-)

for scalping it is one of the best, especially for my strategies, because slippage is extra small

Actually without using practically that is really difficult to make sure a right broker, because there are lots of trading broker are available in this retail market place and most of them are found to be scams.