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Old 04-21-2009, 04:05 AM
forexpips forexpips is offline
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Default I'm looking for the best forex broker

Looking for help in choosing a good broker with a MT4 platform. I’m not worried too much about spread (will be trading only the daily chart), but my money should be safe, platform stable and should not hunt stops.
Thanks
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Old 04-21-2009, 04:06 AM
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How much do you have to open the account? And other question do you know something about NFA?

Now let’s answer: Less than 500$ you can open it at Oanda (even with 1$) but with 1000$ or 5000$ you can choose between a large list.

You need to verify if the broker you picked with the regulations of National Futures Association (NFA)
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Old 04-21-2009, 04:06 AM
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the first step on choosing a broker for me would be verifying the regulation. Check NFA site, and compare. Another thing that must be taken under consideration would be the fact of getting a platform built on a logical manner. If your concern are not spreads then I guess those two recommendations would be enough, though if you wan to go further with that you can also compare daily signals between brokers, and check demo accounts. Trade well.
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Old 04-21-2009, 04:08 AM
forexpips forexpips is offline
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Great Info!!
But there are some more brokers offering micro accounts. I didn’t know about a $1 account but it’s good to know it. Well I have heard about FXCM and Oanda are great with micro accounts. AC Markets is very popular everywhere but I have heard their spread is very high and I think their focus in professional and experienced traders and I’m just a beginner. There are some brokers like Tradeview, E-Toro or Alpari that are more for people like me. I just want to find a serious broker for someone who is opening an account for the first time. I have downloaded E-Toro demo account and it’s a lot different than the regular MT4. What platform is that? Why is that better than Tradeview or Alpari’s platforms? I think it’s too overcrowded with pretty things but it’s very helpful and educational for that stage when you are in the dark.
Like Wannabedavid said the list is long and I just want to check as much brokers as I can.
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Old 07-08-2009, 09:59 AM
yuanfenya yuanfenya is offline
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Old 02-12-2010, 11:16 AM
yuanfenya yuanfenya is offline
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