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Best forex brokers for beginners
- Thread starter Merevez
- Start date
before choose the broker use their demo account minimum for 2 weeks to see the performance how it works , this will be a good approach
Check if broker offer cent account as it's better for beginner cause you can start small and learn as you go cause beginner are more likely to make mistakes and loose.
but the main problem is the result we get from demo actually not works when trading in a rea account. this is a common problem.
i have seen the beginners always looking for a big size bonus offer from a broker , but in practically most of the bonus are found to be scams.
It is important for beginners to try demo trading first with their preferred broker because that gives an idea about their trading needs and regulation should be must. Personally I have been using aaafx cause they are regulated and got some trading conditions - tight spreads and low commission. Also, tried HYCM as well. Both are good. To get a better idea, always check the overall parameters, such as minimum deposits and deposit bonuses, and then decide what’s best for you.
Exactly, this is why it is important to check the terms of these bonuses before we use them. For instance before I accepted to use the no deposit bonus from forexchief, I had to check the terms, saw that it was reasonable. Upon completion of the required turnover, $100 can be withdrawn with no restrictions.i have seen the beginners always looking for a big size bonus offer from a broker , but in practically most of the bonus are found to be scams.
i think your post is more appropriate for the broker discussion section.It is important for beginners to try demo trading first with their preferred broker because that gives an idea about their trading needs and regulation should be must. Personally I have been using aaafx cause they are regulated and got some trading conditions - tight spreads and low commission. Also, tried HYCM as well. Both are good. To get a better idea, always check the overall parameters, such as minimum deposits and deposit bonuses, and then decide what’s best for you.