Broker Advice

linda26

Newbie
1 0
Hi,

I'm really new to trading. I don't know anything about it and I'm learning. Can anyone recommend a good brokerage firm for a newbie that has a low investment minimum, small fees, paper trading.

For now, I'm probably going to do swing trading and trend trading. I'm not sure if that matters as far as what broker to use.

Thank you
Linda
 

resistance

Member
89 1
Why not start with FXPro , they are good and you can also practice your trading here. Look, you do not need to look for a minimum investment broker because if you want to earn some good money, you have to put some good money.
 

Dameon

Junior member
31 1
Hello Linda,

Start by learning all about trading first, then you can select a broker later. Many broker adverts around for you to select.
 

pboyles

Legendary member
8,072 1,302
Hi,

I'm really new to trading. I don't know anything about it and I'm learning. Can anyone recommend a good brokerage firm for a newbie that has a low investment minimum, small fees, paper trading.

For now, I'm probably going to do swing trading and trend trading. I'm not sure if that matters as far as what broker to use.

Thank you
Linda

Google 'forex broker fined' and you'll see what you're getting into.
 

bigboyfx

Junior member
31 1
Well, you might want to consider a broker that uses reliable and regulated liquidity providers. I know of Profiforex Forex Broker , they have very low spread, low commission fee and you can open an account with as little as $1.
 

Rambo35

Active member
227 6
I would increase your knowledge base first and spend a bit more time with theory. When it comes to brokers, you need to see who will be a good fit for you. Some like one broker,others will hate the same so any advice here is not going to be good. I picked my broker after doing my own due diligence and most importantly do not listen to what brokers other traders like. I am sure you will find the right broker for you, just know what you are looking for.
 

bigmistake

Well-known member
259 1
There are some good brokers name that I can recommend you as FXPRO, ETX Capital and XEMarket. Those're sponsors for this community :D. To me, I'm trading with Hotforex, I think it's good for you to try.
 

tony1979

Active member
112 22
Hi,

I'm really new to trading. I don't know anything about it and I'm learning. Can anyone recommend a good brokerage firm for a newbie that has a low investment minimum, small fees, paper trading.

For now, I'm probably going to do swing trading and trend trading. I'm not sure if that matters as far as what broker to use.

Thank you
Linda

Oanda have a demo version and a live version where you can literally risk less than 1 penny/cent per tick.
 

ph_trader

Well-known member
414 6
you can start by learning forex first if you are a newbie ang get familiarized with the forums before searching for a broker, the broker search is a journey that might take some time if you ask me :D
 

Eurex

Active member
105 5
Hi,

I'm really new to trading. I don't know anything about it and I'm learning. Can anyone recommend a good brokerage firm for a newbie that has a low investment minimum, small fees, paper trading.

For now, I'm probably going to do swing trading and trend trading. I'm not sure if that matters as far as what broker to use.

Thank you
Linda

Here you go

Some of the Future Brokers
 
 
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