Best company to start

#1
Hello guys...
im starting as an amateur in the field of day trading and i have had some training and have been studying the markets on my own for a while now but i want to know if there is any website that you could suggest me so i could start trading there.

since a lot of companies nowadays have been proven to be a scam i want to be sure about my decision once i go forth with opening the account.

let me know your thoughts below.

Santi ;DD
 
#4
Use https://finviz.com/ to screen the stocks, then look at the usefulness of the company, example everyone will need a phone so AAPL is going to exist for a long time. Same thing with airplanes BA, even though it's down it's not going anywhere. Coca Cola KO is another stock, Warren Buffet likes it for a reason, so it's probably good for average folks as well.
 
Likes: AdamCantor
#5
You should find out as much, as possible about the company you are going to work with. Check the regulation and license, it is extremely important to prevent possible issues.[/QUO
Hello guys...
im starting as an amateur in the field of day trading and i have had some training and have been studying the markets on my own for a while now but i want to know if there is any website that you could suggest me so i could start trading there.

since a lot of companies nowadays have been proven to be a scam i want to be sure about my decision once i go forth with opening the account.

let me know your thoughts below.

Santi ;DD

definitely conduct your own research before hand. check out multiple broker trading conditions and use their demos to test out their leverage, spreads against your strategies. take risks with trades and learn from losses!!

Main things i would suggest you check out:

Spreads
Leverage
withdrawal methods and timescales (especially for unregulated brokers as people worry about losing their money so ensure you are able to withdraw often, and fast if that is your concern)


Hope this helps and good luck !
 

tomorton

Legendary member
7,124 922
#6
Why not just start with the biggest broker that operates in your country?

They should offer all the services you need, probably with competitive over-heads, and they probably won't be a fake company which disappears to South America with your deposit the next day. Note that while you're a new trader, narrow spreads won't be the difference between whether you win or lose.
 
Likes: AdamCantor
#7
You should find out as much, as possible about the company you are going to work with. Check the regulation and license, it is extremely important to prevent possible issues.
i agree, always ensure you have a means of withdrawing your funds in a way that is convenient for you, as well as ensuring it can be done in a timely manner- especially if you are dealing with unregulated brokers as people worry that their funds are not as safe. although saying that, i use an unregulated broker and never had any issues with payouts.
 

AdamCantor

Junior member
14 2
#8
Hello guys...
im starting as an amateur in the field of day trading and i have had some training and have been studying the markets on my own for a while now but i want to know if there is any website that you could suggest me so i could start trading there.

since a lot of companies nowadays have been proven to be a scam i want to be sure about my decision once i go forth with opening the account.

let me know your thoughts below.

Santi ;DD

i would visit forex peace army for broker reviews as they are, in my opinion, but also try multiple demos with different brokers to try out their trading conditions and match that with your trading style.
 

momo3HC

Junior member
13 2
#9
Why not just start with the biggest broker that operates in your country?

They should offer all the services you need, probably with competitive over-heads, and they probably won't be a fake company which disappears to South America with your deposit the next day. Note that while you're a new trader, narrow spreads won't be the difference between whether you win or lose.
Good advice. santimunz, that must be your first step. My first was also like this.