Best Broker ? for New Comer

Judith3113 · Dec 15, 2011, 7:49am

I've been trading on a demo account and really doing quite well. I am seriously feeling like I will start trading in the new year....anyone really pleased with their broker who has been trading with them for the long haul, who has tight spreads and deosn thave delayed executions or too much slippage....would really appreciate that...thanks

forker · Dec 15, 2011, 8:27am

humbre humbre bongallas

Judith3113 · Dec 15, 2011, 8:45am

Quote:

Originally Posted by El Bandito Schlongo

It depends. You should ideally be starting small since live is totally different.

Of the spread bet companies, IG is probably your best bet.

If you like forex, you can get your feet wet with Oanda for pennies a pip. This will allow appropriate position sizing even with a small account for daily-type trades.

Futures brokers (probably not appropriate at this stage) I would say Velocity. Good overall and they offer a package where commissions are reasonable and you don't have separate platform and data costs.

Be aware this is all just my opinion. Finding a broker you're happy with is a personal thing and will probably entail a good bit of trial and error. Bear in mind that a broker might be terrible for one type of trader and ideal for another.

hey thanks so much will have a look

ph_trader · Dec 15, 2011, 10:56am

I guess there is no perfect broker now a days, issues are in every broker, but most of'em are manageable, I trade with hotforex, small issues here and there, but its manageable compared to others, Alpari is not bad. Oanda's been around for a while too.

take your time to checkem out, a couple of weeks on trial don't sound so bad! best of luck on your future trades

Judith3113 · Dec 16, 2011, 2:10am

Quote:

Originally Posted by ph_trader

I guess there is no perfect broker now a days, issues are in every broker, but most of'em are manageable, I trade with hotforex, small issues here and there, but its manageable compared to others, Alpari is not bad. Oanda's been around for a while too.

take your time to checkem out, a couple of weeks on trial don't sound so bad! best of luck on your future trades

Hey thanks for that...funny enough someone else I know who has done really well in FX uses HOT FOREX also and says they're great. They're customer service is almost immediate when you have a problem. He said once they made a mistake and compensated immediatly....also told me the spreads are tight and I have done a pretty good search of 10 top brokers and all the major pairs and Hot Forex is under the average in all of them....my friend also said they're really good with in regards to slippage...what you see is what you get...so I think Ill give them a go..for real in the new year ....they also have a few other perks so I think I'll give them a go..thank you so much for taking the time to tell me that also..kind regards

jiggly · Dec 22, 2011, 4:47pm

Quote:

Originally Posted by Judith3113

Hey thanks for that...funny enough someone else I know who has done really well in FX uses HOT FOREX also and says they're great. They're customer service is almost immediate when you have a problem. He said once they made a mistake and compensated immediatly....also told me the spreads are tight and I have done a pretty good search of 10 top brokers and all the major pairs and Hot Forex is under the average in all of them....my friend also said they're really good with in regards to slippage...what you see is what you get...so I think Ill give them a go..for real in the new year ....they also have a few other perks so I think I'll give them a go..thank you so much for taking the time to tell me that also..kind regards

Why dont you take your preferred top 3 brokers and try them all out? How much are you looking to open your first account with?

gdr3k · Dec 23, 2011, 3:58am

My advice, keep away from MT4 brokers, its you against the house, and the house always wins.

Judith3113 · Dec 23, 2011, 4:26am

Quote:

Originally Posted by jiggly

Why dont you take your preferred top 3 brokers and try them all out? How much are you looking to open your first account with?

I actually already opened my HotForex account and received a 50% bonus to my capital. Have been referred by a few who are pleased with them so Ill give then a go. I will start trading in the New Year for obvious reasons and keep you posted.

Thanks so much for your post and Merry Christmas...chat in the New Year..should be very interesting 2012 in regards to currencies and world markets.....

Dec 15, 2011, 7:49am	#1
Judith3113 Rookie Member Member Since Dec 2011 10 Posts	Best Broker ? for New Comer I've been trading on a demo account and really doing quite well. I am seriously feeling like I will start trading in the new year....anyone really pleased with their broker who has been trading with them for the long haul, who has tight spreads and deosn thave delayed executions or too much slippage....would really appreciate that...thanks

Dec 15, 2011, 8:27am	#2
forker Legendary Member Member Since Jul 2008 1,227 Posts	Re: Best Broker ? for New Comer humbre humbre bongallas

Dec 15, 2011, 10:56am	#4
ph_trader Senior Member Member Since Oct 2011 136 Posts	Re: Best Broker ? for New Comer I guess there is no perfect broker now a days, issues are in every broker, but most of'em are manageable, I trade with hotforex, small issues here and there, but its manageable compared to others, Alpari is not bad. Oanda's been around for a while too. take your time to checkem out, a couple of weeks on trial don't sound so bad! best of luck on your future trades

Dec 23, 2011, 3:58am	#7
gdr3k Junior Member Member Since Mar 2011 31 Posts	Re: Best Broker ? for New Comer My advice, keep away from MT4 brokers, its you against the house, and the house always wins.

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