Broker for newbies

sebseb · 1 Re: Broker for newbies Mon Feb 11, 2019 8:26 am

sebseb

Number of messages : 10
Points : 2716
Date of Entry : 2017-07-13
Year : 33

To help out newbies, I ask experienced traders to share your experience with Forex companies and leave review to any forex broker from this list. Let's help one another! Let's guide newbies!

Dolf Kessler · 2 Re: Broker for newbies Fri Jan 26, 2018 3:57 pm

Dolf Kessler

Number of messages : 10
Points : 2677
Date of Entry : 2017-08-07
Residence Country : france

A social broker gives the chance to make a potential investment for the traders. A trader basically does Forex to get huge money from this business. Particular broker provides every trading platform for their clients as various trade platform is very helpful for good trading strategy. Now a day it’s really very much challenging task to selecting a broker. Commercial and mostly engaged scammers are available who called them selves a Forex broker, in the retail market place.

Guest · 3 Re: Broker for newbies Thu Jan 04, 2018 4:21 am

Guest

In spite of a profitable trading policy scalping cannot use in a reputed trading broker due to many restrictions. So, we the scalpers have to choose the broker which permits scalping including lowest trading spreads.

Michale Clark · 4 Re: Broker for newbies Thu Aug 31, 2017 5:33 am

Michale Clark

Number of messages : 15
Points : 2658
Date of Entry : 2017-08-27
Residence Country : Michale Clark

The role of forex broker is undeniable. After you gain a general or basic knowledge of forex trading and understanding how currency markets work a forex broker is the implementation of your access to this business. It is much more important to know your broker and understand your broker, their activities, what motivate your broker to do this, those are very important matter indeed.

Stuart Broad · 5 Re: Broker for newbies Fri Aug 11, 2017 2:49 pm

Stuart Broad

Number of messages : 137
Points : 3179
Date of Entry : 2016-07-16
Year : 34

Frankly speaking, I was all for broker that’ trustworthy and I believe newbies need it much more than anyone else.

Dolf Kessler · 6 Re: Broker for newbies Wed Aug 09, 2017 6:32 pm

Dolf Kessler

Number of messages : 10
Points : 2677
Date of Entry : 2017-08-07
Residence Country : france

There are certain number of brokers who helps the newcomers of the market whereas a number of brokers try to scam and make money off the new comer traders. So, we need to understand the basic fundamental difference of getting to know which broker is good for a new trader. As a new trader you should always look for better educational and training materials along with proper support from the broker. Some broker provides Demo account as well as Cent accounts to practice trading with real money but by cutting the risk percentage by around 90%. Anyone who deposits $10 is showed as $1000 in the trading account which is actually c1000 cents. But you can practice as like you have $1000.

Last edited by gandra on Fri Aug 11, 2017 2:06 pm; edited 1 time in total (Reason for editing : unacceptable advertising)

Guest · 7 Re: Broker for newbies Wed Aug 09, 2017 6:43 am

Guest

There are many important things we the traders have to check when choosing a broker. I think from all spreads is mainly considered as an important financial tool which an investor should consider when choosing a broker. we can choose a broker which always make sure lowest trading spreads as well minimum margin requirements.