Thread: broker for newbie

What is this company balance sheet stuff??

Select a controlled ECN broker and you are going to be OK, n00b!

Originally Posted by ;

Thanks all for advises. I back to practicing plus500 demonion, I believe this one is actually popular and will not scam. I believe I will open really small real account with them next week or so. I looked into asked crazy amount of deposit, including tens of thousands of euros.

A word of advice though on demo accounts. Should you find a system or egy work out for you, as soon as you trade with a true account, begin with a little amount of money you can actually manage to lose. Since emotions are, you will almost certainly lose your first wad of money you trade . Not saying this to discourage you (or encourage you for this matter), just want to highlight that once actual money is demanded, maintaining your cool is much harder.

Originally Posted by ;

I've decided to get going, sufficient learning about the trade. . (forex), I have to begin making money I would love to get recommandations of forex sites which are simple to use, and therefore are capable and willing to permit demo accounts, and afterwards, hopefully, accounts which capable low starting rates. I've not yet discovered a site that suits me... for begginers (as myself) that are reading my article please be in touch and give me a hint or two, from a begginers standpoint! Thank you...I'll love it! Frxer

I would urge you to go with Instaforex or Agea.the have micro lots that is what you ought to begin with if you've heard winning streak online demo. Have a look the hyperlink below for brokers with micro lots

http://www.earnforex.com/micro-forex-brokers/

Originally Posted by ;

I have resolved to get going, sufficient learning about the trade. . (forex), I must begin earning money I would really like to have recommandations of forex websites that are easy to use, and are capable and willing to permit demo accounts, and afterwards, hopefully, accounts that capable low starting rates. I have not yet discovered a website that suits me... for begginers (as myself) that are reading my article please be in touch and give me a hint or two, by a begginers standpoint! Thank you...I'll love it! Frxer

Well, it depends where you're based. I utilize services of many brokers some of them offshore like Hotforex, other like FXCM and Global Prime based in Australia and US. If you begin with small lots I think you don't have to care at this point about speed of implementation and spreads because you can neglect them since they won't affect your trading.

We must examine the broker which we'll use for trading. By examining the broker then we'll find the broker. We can examine the broker by trying to trade using a demo account or to participate in the contest demo

TD Ameritrade. I have an account with them, they offer the ability to trade not just forex but stocks and commodities too giving you some options down the road if thats something you want. They provide a live feed of CNBC to you which you can watch wile you trade. As for binary options I use Markets World, however they dont have quite individual assets available to trade.

I believe that you should avoid Market Makers at all costs. There are lot of brokers which provide ECN services also it appears the way of trading.

I am new to reside trading been demoing for nearly a year and a half. That being said I decided to go with Forex.com. Haven't had any problem with them so far but it has not been that long. There are good things about them. #8203;

For a newbie would be better if we could select a broker that provides account cent. Trading in cent accounts will benefit us because of the risk will probably be smaller and therefore, we Will Need to be able to use funds well and May Be Used for learning trading well

Forex.com allows you to trade .01 lot dimensions. Its what I began with for the sense for trading with real cash. Nothing made me more excited than earning $2 on a trade..lol