Forex Broker

It depends on your requirements and experience.
If you are looking to start with below $5k amount, I would
suggest you use FxClub or Oanda. FxClub has zero spreads and they earn money by charging
fixed commissions ($0.60) and that comes to cheaper than tightest spreads usually. Right now they have a promotion going on where you would get $100 for sign up. The $100 bonus is not with drawable though , you can only use it as a leverage, but that is still good for newbies, as they can practice with real money and emotions without investing much of their money. Also, fxclub do refund the fixed commission ($0.60) on positions that are not profitable.
 
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Try viewing the awards like i.e.
Best CFD Provider
Best CFD Service
Best CFD Trading Service

There are more also... but those will do i think
 
If you wanna trade in the forex market , first you have to find out the advantages of the broker which you wanna trade with , for example find out how much spread they take , the comssion , customer suport & their fame in the market . I mean if you can trust in them or no.
Generally ; you will find many brokers have the same advantages , but the most important thing is how many advantages the broker have to distinguish him from others , i.e list all the advantages for all the brokers and find the best one.
About me myself I trade with a broker called forexgen . I made the steps apove and I choosed that forexgen , which is very famous here in UK.
 
Forex brokers are chosen according to the market time frames you want to trade on (ie London, NY, Tokyo, Sydney). You might want to find more info about that on the forums or wherever.
 
If you got $10K I suggest Interactive Brokers, they are not market maker but portal, spread 0.5/1.5 pips

Baldur
 
forexmilio said:
If you wanna trade in the forex market , first you have to find out the advantages of the broker which you wanna trade with , for example find out how much spread they take , the comssion , customer suport & their fame in the market . I mean if you can trust in them or no.
Generally ; you will find many brokers have the same advantages , but the most important thing is how many advantages the broker have to distinguish him from others , i.e list all the advantages for all the brokers and find the best one.
About me myself I trade with a broker called forexgen . I made the steps apove and I choosed that forexgen , which is very famous here in UK.
Click to expand...


Can't say I've hard of it :confused:

Why not try Interactive Brokers and currency Futures - smaller spreads and not a bucket shop
 
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Pls check if the company that you will trade with, is FSA Registered or Registered with the CFTC
 
good broker

I am trading with FXcast since a few months..no problems, good platform, spread 2 pips for EURUSD and minimum account size 10USD!! (y)
 
isthere any advantage using specialist brokers rather than spread firms eg ig, cantor index, etc?
 
sillykiddo said:
Hi I'm looking for good forex broker
Please suggest me one.
Thanks
Click to expand...
I think you should note the following important points when choosing a good broker:
-Comparing FX trading brokers
-Average offered
-Minimum deposit required
-Amount/type of commissions charged
-Spreads for major currencies
-Availability of mini Forex accounts
-Availability and quality of demo currency trading account
-Number of currency pairs offered
-Try demo accounts
-Well all you need to select a broker which suits your trading style
-For an example I always look for scalping and not all the brokers
-Allow to use scalping strategies
 
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