Money management is very important in every aspect of trading. You can lose all your money in forex trading where your funds are put at risk. So it is your job as a trader to minimize that risk of losing your money.
Some features that I look for while selecting a broker are:
leverage and margin
commissions and spreads
ease of deposits and withdrawals
trading platform and the trade execution speed
broker's customer service
Have been hearing a lot about this broker. Usually I do copy trading,and with them I might be able to cut down on the cost. Do they have any platform for social traders?
Ofcourse forex trading is hard just like another trading businesses. But your mind is the biggest problem. If you can build the necessary discipline, you are on the right path to become a successful trader.