Your balance has a limit
Forex trading is barely regulated by authorities, so the market is full of frauds that are always ready to waste or embezzle your deposit. Be careful!
Forex trading is barely regulated by authorities, so the market is full of frauds that are always ready to waste or embezzle your deposit. Be careful!
Spreads, swaps and commissions are the main expenditures in Forex trading. Estimate them beforehand, otherwise you may achieve less profit or even lose invested money.
Mainly, the information on broker sites is provided for advertising purposes and describes only the advantages of the dealer. Meanwhile, only reviews made by customers can be used for an objective assessment of a Forex trader.
It is the main cause of profit loss and stress for traders. Choose your broker carefully, and you will trade on stable and reliable terms.
Ask this question to 10 professional traders, and you will get 10 different answers: Some say, that high leverage level is mandatory for high profits, others say that you don’t need any leverage at all; Some traders value market execution more than everything, others believe in the importance of instant execution; Some people prefer floating spreads, while others choose higher, yet fixed rates of interest; In addition, personal preferences in terms of trading platforms may differ too.
That is why only 2 factors really matter in Forex market: broker’s trustworthiness and your personal preferences. A broker can be evaluated by possession of a license and customer reviews. However, your peculiar preferences may prevent you from making your first deposit even after considering dozens of offers and hundreds of dealing centers.
Our ranking of Forex dealers is designed for a quick and easy-to-use search: Simply input the required parameters and you will get a list of dealing centers that match your preferences; If you are a beginning broker and you don’t really know what you are looking for, you can always ask our experts for help; The most important feature of a good broker is his trustworthiness. That’s why our rankings are based on detailed analysis of trading platforms, reviews and ratings by traders with different level of competence and expertise; Our rankings are the easiest way to find the best broker for profitable trading!
Forex trading is not something to take lightly. If you truly want to be successful at forex trading, you must be prepared to invest the time and hard work to acquire the three factors for success – knowledge, experience, and emotional control. The staff at Forextraders.com is here to help you achieve these goals, especially from a knowledge perspective, but determining if a trading regimen is right for you will come from hours of practice trading with “virtual” cash and real time quotes on a free “demo” account.
Each of the forex brokers presented below can provide this demo account for your early development phase and continued practice thereafter. The list below will acquaint you with the issues involved in selecting a personal business partner in this arena, your first major decision in your quest to become a “professional forex trader”.
Broker
Features
Regulator
Platforms
Next step
MetaTrader4, Apple iOS and Android mobile devices
MT4 & MT5, Mac, FXTM WebTrader (MT4)
MetaTrader4, MetaTrader5, cTrader, FxPro Edge
Plus500
MetaTrader 5
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