Thread: Best forex broker for beginner

Many users asked me that "Suggest me best broker. Because I am a beginner". So for all of them, I am telling to them that you need to consider/take into account the following points:

1) Which country you live in and what are the regulations and if the broker is regulated by those?

2) Always better to go for the biggest and well-established names. That always cuts down the risk even if the spreads are not very attractive.

3) I would always avoid brokers who give you some initial money when you open the account. They know that you will be losing and hence give back to them soon

As you are a beginner? So have to know many things where you can get them. Try to read http://123forexbrokers.com/ where you will get many info that you must need to know.

Best regards

Hi, I really like your suggestion and I am sure it will definitely help the beginners in choosing forex broker for them. but I also want to add that they should also have to first check the reviews of the Trades. I also did checked the TraderVC Reviews before trading with them.

Thanks!

For the new traders as well as for existing traders, one common question is haunting in their mind. Which broker will be best for them? So I have to say one thing, never select broker as per suggestions of others, yes you can discuss with others in this topic. Select your broker as per your trading requirement but after doing all inspections. But I must say, don’t forget to work with regulated broker.