Thread: broker for newbie

Originally Posted by ;

Hi, I also want to learn some excellent brokers since there is a long list of forex brokers, that has perplexed me. I have searched a lot about the favorite ones and the new ones, do not know which one to go with.Please provide some advice. Thank you in Advance.

I would highly recommened tickmill they're undoubtedly the best broker I have ever traded with. The company is the best on the market!

Originally Posted by ;

Newbies would be the FX Broker's breakfast, lunch and supper ... picture

yeahh, that is true! I guess Nemo was conscious about what was going in than these newbies))

Originally Posted by ;

Newbies would be the FX Broker's breakfast, lunch and supper ... image

Lol dude

But that's true, especially for those newbies who performing live trading without any appropriate preparations...

I attempted demo manner and it wasn't excellent. I concluded that 1:200 leverage is too large and equals gaming and that I lost to spreads.
So that I would be interested in broker information, with demonion with as low as potential spreads and with reduced leverage in that demonion or even better capability to correct it.
I'm kinda looking into cornertrader.ch, but really interested in other advises.

For newbie, we have to be cautious in picking a broker because brokers who scam. To select a broker then we need to have the ability to try out the broker that we'll utilize for trading and therefore will find the right broker. We can test the broker using a demo account

Originally Posted by ;

for newbie, we must be cautious in picking a broker because many brokers who scam. To pick a broker then we need to have the ability to test out the broker that we will use for trading and therefore will find the broker. We can test the broker using a demo account

the proper way to vet a broker is to buy their company's financial statement from their respective regulatory bodies, see just how much customers capital they're holding in their trust accounts. Demo accounts dont compensate for slippage and unfilled levels. But money speaks. So learn how to listen talk and follow it. There are reasons why some brokers are entrusted with countless clients capital while peanuts are held by some

sample of things u need to look out for

There are a lot of articles with some guie how to recognize s #1089;am brokers. They should be found and see by you. You will have the ability to comprehend which brokers you need to avoid and which ones are worthy of notice.

Thanks all for advises.
I again back to practicing on plus500 demo somehow, I think this one is really popular and won't scam. I think I will open very small real account together next week or so.
Besides that another one I looked into asked crazy huge amount of initial deposit, including tens of thousands of euros.