Best forex brokers for beginners

Discussion in 'Forex' started by Merevez, Sep 20, 2022.

  1. Commission is low, aaafx charges $1.98 per lot (round turn), and fxtm charge up to $4/lot RT. As for withdrawals, it takes a couple of hours in aaafx for methods like credit/debit cards and e-wallets, same with fxtm. Any other deets you want would suggest checking here
    https://aaafx.com/global/
    https://www.forextime.com/
     
    #31     Nov 4, 2022
  2. Rodri

    Rodri

    Beginners should trade with a broker that provides education as well. Like Avatrade or FP Markets, their demo account provides educational materials.

    They are regulated by ASIC with robust trading conditions, and the spreads average 0.1–0.3 pips for most major currency pairs.
     
    #32     Nov 9, 2022
  3. For beginners, I suggest mainly a micro-lot broker such as FP markets whcih has a minimum opening balance of $100 AUD with micro lots of 0.01 pips.

    Their customer service is also prompt in answering client queries, and during the initial stages, they are helpful in setting up the account.
     
    #33     Nov 10, 2022
  4. S.Luke

    S.Luke

    To avoid high losses, beginners should trade with a broker that requires a lower minimum deposit, such as Skilling or FP Markets.

    since they provide a minimum deposit of $100 AUD with a commission cost of $7 per round lot in Skilling and $6 in FP Markets.
     
    #34     Nov 11, 2022
  5. according to me the best Forex broker is a broker who always make sure security of funds with a wide range of trading technologies.
     
    #35     Nov 11, 2022
  6. the best Forex broker never restrict any kind of trading techniques with scalping and hedging. this is called actual good broker.
     
    #36     Nov 12, 2022
  7. so many brokers are available in online who always ensure good trading environment for scalping by providing most narrowest trading spreads.
     
    #37     Nov 12, 2022
  8. the broker can affects the result of our trading with certainly , for that reason we the traders should choose our broker with cool mind.
     
    #38     Nov 13, 2022
  9. the beginners should choose the broker which is more appropriate to the concept of trading that will be used , if love doing scalping , should choose the broker which allows trading concept such as this.
     
    #39     Nov 14, 2022
  10. beginners have to choose the broker which always ensure security of funds with a wide range of trading technologies. happy trading
     
    #40     Nov 14, 2022