What's new

Which is the best broker so far.

I've been trading for over a couple of years and from my experience with brokers such as Fx, Skiling, and FP Markets are few brokers I personally find good.

Spreads are tighter, averaging 0.3 in most trades, and commission costs are around $7 in skilling and FX and $6 per turn lot in FP Markets.
You can try out Fxview. They are a regulated broker with a low minimum deposit ($5). Plus, the customer support is excellent, an important aspect for a beginner.
Wrong decisions are proposed to make demolition in everything whether it's prepared to go living, so we ought to make sure about that. The basic part is to recognize wrong decisions and keep in touch with them as quick as possible out and out not to lose too much. Fortunately, I am prepared to do everything enjoyably with help of ForexChief broker.
The best wrong decision is decision of the wrong broker which I too much made, anyway in the wake of joining with them, I promptly turned the tide and since that day. I have deserted anxieties and weight since now I can procure considerable wholes of money routinely and effortlessly due to the excesses setup here with most insignificant possible spreads, zero alter security, swap free account, minute portions notwithstanding altogether more!
In my opinion, there hasn’t been any broker till now that can claim to be the best. The main objective for every trader should be to find the broker that meets all his/her requirements.
Being a newbie, I’m interested in trading with a broker that offers tight spreads, high leverage, low commissions and reliable customer support.
It’s hard to determine the best broker, but any broker that provides fair pricing and fast withdrawals is good for me because these two are most important in trading these days.
If you are starting out your journey as a forex trader, then you will be surprised to see an overwhelming number of brokers, so you must do your due-diligence before choosing a broker. Make sure to go through reliable forums including this one because many reputed traders share their recommendations on the forums.
I'm a newbie, currently trading with a demo account and looking to start live trading soon. Any recommendations on reliable brokers with proper regulation from either ASIC or FCA?

And it would be an advantage if the broker has a good customer service team so that I could clear my queries during the initial stage.
Imo, beginners should go for regulated brokers. Fxpro, aaafx, ic markets and xm are a few good options that you can check out.
Beginners may have a hard time finding the right brokers. So, it’s completely fine to go by the recommendations. If you don’t understand something about the broker, ask their customer support. The way they treat your queries will let you know whether you should stay with them or not.
The broker can give you a minimum entry threshold for trading and that would be a very good start. Since forex is a decentralized market and there is no regulatory body to ensure funds are highly secure with proper regulations, only licensed brokers are the ultimate support. That's why I chose the regulated broker ForexChief as they always guarantee me the lowest zero spread, good leverage of 1:400, as well as reliable protection of my capital in accordance with the rules and a minimum deposit of $10.
Go through the forums to get an idea of what other traders have been using. You can also research a bit about different brokers and when you have found a few good ones, you can practice trading with them until you are sure about them.
As a newbie, every broker will seem to be a great choice because they are so good at advertising their services. You just have to be careful of the scams. Consider studying the basics so that you can differentiate the brokers on the basis of what they offer and make your choice as per your requirements.
I prefer a broker with tight spreads and fast order execution so that there is no chance of slippage. A few beginning trades can give an idea about how the broker executes your trades and you can decide how you wish to proceed further.

Create an account or login to comment

You must be a member in order to leave a comment

Create account

Create an account on our community. It's easy!

Log in

Already have an account? Log in here.

Similar threads

Users Who Are Viewing This Thread (Total: 1, Members: 0, Guests: 1)

AdBlock Detected

We get it, advertisements are annoying!

Sure, ad-blocking software does a great job at blocking ads, but it also blocks useful features of our website. For the best site experience please disable your AdBlocker.

I've Disabled AdBlock    No Thanks