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Best Broker for a Newbie
Uczestnik z Jul 19, 2020
749 postów
Sep 06, 2021 at 08:14
Uczestnik z Jul 19, 2020
749 postów
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.
Uczestnik z Mar 28, 2021
586 postów
Sep 27, 2021 at 12:36
Uczestnik z Mar 28, 2021
586 postów
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.
Sep 28, 2021 at 04:37
Uczestnik z Jun 08, 2020
40 postów
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.
Uczestnik z May 24, 2020
102 postów
Sep 28, 2021 at 11:00
Uczestnik z May 24, 2020
102 postów
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.
Uczestnik z Jul 19, 2020
749 postów
Oct 03, 2021 at 12:23
Uczestnik z Jul 19, 2020
749 postów
A newbie should do enough research to find a broker. Without knowing how to find a good broker, one should not start trading.
Uczestnik z May 27, 2021
56 postów
Oct 08, 2021 at 03:50
Uczestnik z May 27, 2021
56 postów
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.
Uczestnik z Aug 17, 2021
87 postów
Oct 09, 2021 at 19:10
Uczestnik z Aug 17, 2021
87 postów
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
Uczestnik z Feb 20, 2021
51 postów
Uczestnik z Mar 28, 2021
586 postów
Jan 31, 2022 at 22:17
Uczestnik z Mar 28, 2021
586 postów
A new trader must be cautious when choosing a broker. Make sure you choose a licensed broker.
Uczestnik z Jan 22, 2021
126 postów
Feb 02, 2022 at 06:40
Uczestnik z Jan 22, 2021
126 postów
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.
Feb 02, 2022 at 15:07
Uczestnik z Aug 28, 2020
29 postów
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.
Uczestnik z Apr 09, 2019
516 postów
Feb 10, 2022 at 10:54
Uczestnik z Apr 09, 2019
516 postów
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.
Uczestnik z Sep 07, 2020
70 postów
Feb 11, 2022 at 12:03
Uczestnik z Sep 07, 2020
70 postów
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.
Feb 24, 2022 at 08:47
Uczestnik z Oct 20, 2020
45 postów
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.
Uczestnik z Dec 05, 2020
76 postów
Uczestnik z Sep 07, 2020
70 postów
Feb 25, 2022 at 11:23
Uczestnik z Sep 07, 2020
70 postów
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.
Uczestnik z May 27, 2021
56 postów
Mar 02, 2022 at 08:15
Uczestnik z May 31, 2021
44 postów
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.
Mar 09, 2022 at 10:59
Uczestnik z Nov 03, 2020
72 postów
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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