Thread: broker for newbie

Originally Posted by ;

Which brokers deliver unlimited demo trading support they are much beneficial for the novice traders! Because, new traders need practice enough prior to trading with real cash!

So many brokers can be found in this retail market place which ensure unlimited brokers services but I don't think so this is beneficial for the novices trader since they constantly discount demo trading and prefer micro account as a newcomer without practicing demo account.

Originally Posted by ;

quote So many brokers are available within this retail market place which ensure unlimited brokers services but I do not think so this is beneficial for the novices trader since they constantly discount demo trading and favor micro account as a newcomer without practicing demo account.

Demo trading is just time passing and not too much successful to acquire something for the traders who are especially novices. Micro account may be used rather than demo. They can keep concentrate strongly because of real money.

Originally Posted by ;

I've decided to get going, sufficient understanding about the trade. . (FX), I must begin making money I would really like to have recommandations of FX websites which are simple to use, and are able and willing to permit demo accounts, and later on, ideally, accounts which able low starting rates. I've not yet discovered a site that suits me... for begginers (as myself) who are reading my post please be in touch and give me a tip or 2, by a begginers standpoint! Thank you...I'll love it! Frxer

probably the mist important is Broker license, which jurisdiction gave the licence , it is big difference between Financial Conduct Authority or International Financial Services Commission of Belize

You should choose a broker who can give you direct access to interbank forex trading quotes, no hidden price spreads, no markups, only transparent low commissions. No hidden price spreading, no markup, no kickbacks. Just the combination of real time prices from 14 of the world's largest forex dealing banks and a transparent, low commission which avoids the conflict of interest of forex platforms which deal for their own account. This kind of forex broker would be good for newbies.

According to me, new Forex traders want eduional assistance from their brokers such as the video tutorial, trading eBook, and webinar associated facility! Because they have to construct their trading skill first! On the other hand, new traders want flexible demo trading service, with no limitation such as demo trading! However, I see, now few brokers are offering number presentation service, for 3 months, 6 months! New traders should prevent this type of trading brokers!

Originally Posted by ;

you ought to pick a broker who can give you direct access to interbank FX trading quotes, no hidden price ranges, no markups, only transparent low commissions. No hidden price dispersing, no kickbacks, no markup. Just the combination of real time prices from 14 of the world's largest FX dealing banks and of interest of FX platforms which deal for their own account. This kind of FX broker could be good for newbies.

Thank you very much for nice description that can be supportive to judge a right Forex broker for the sake of newcomers. However from thousands online broker it's really difficult to make one.

Uhm.. For demo practice I've been using Oanda. I enjoy them because I will utilize MT4 and their own charting appliions in addition to appliions for your phone that I have a peek at work . So It's Limited for cash I'm in Canada, and I'm not quite sure exactly what constitutes a bucketshop only yet lol

Originally Posted by ;

Uhm.. For demo practice I have been using Oanda. I like them because I can utilize MT4 and their own charting appliions as well as software for your phone that I have a peek at work . For actual money I'm in Canada so it is restricted, and I'm not quite sure what represents a bucketshop just yet lol

Basically the performance we get from demo account , practically when live account we don't find the same atmosphere . Any expertise you've got about it ?

Originally Posted by ;

there is no broker to get newbie.not all brokers are real however a broker specifically for newbie doesnot work.

This is true, there's absolutely no broker for newbies. All brokers are good

No live account for me yet, I'll go live once I have a system down. I believe Ibe sure there isn't any problems with that and work up from there, try a couple of withdrawals and'll just start with a smaller deposit. I don't find out what you can do besides attempt it yourself unless you know somebody whose used the broker. On the internet anyone can write anything