who's the most reliable? the most honest? have tried one, but starting to have my doubts about them. until i'm sure about them, i'll keep their identity to myself.
2007-02-06 13:34:09 · 3 answers · asked by Steven S 1 in Business & Finance ➔ Investing
I totally agree with the answer above. What is good for one person maybe bad for another. Choosing a broker depends on your income, trading strategy, etc. factors. For instance, u may look for best offered swaps or non-swap accounts if u r a long term trader, if u r using experts, scalping methods you have to look for brokers which will allow u these tactics. However, if you are a complete novice no doubt is better to start by opening a free demo account (http://www.realtrade.lv/eng/common.php?link=7). If u possess some basic knowledges u may start a real trading, but with micro lots to understand first how it goes on the real market and with real conditions.
2007-02-07 00:37:15 · answer #1 · answered by QT 2 · 0⤊ 0⤋
There are no good FX brokers. Only ones less worse than others. I use three brokers, one for news trading, one for "auto-trading" and one for trading/scalping.
Many brokers "hunt" stops. They actually lose money if you win some trades. I've been learning FX for about 8 months. 90% of the people that try it lose their accounts.
There's a lot to learn. There's a lot of contradictory info out there. Don't trade until you practiced a lot. Don't expect paper trading to be like "real" trading. After paper trading, trade mini-lots (if your broker allows).
Money management is as important as picking the right longs and shorts. Read... Read... Read....
So far I'm not doing great.... but I think things are turning better. Hope you can get past the learning curve........
If we can help each other on this learning curve... let me know!
Good luck!
2007-02-06 21:49:23 · answer #2 · answered by Common Sense 7 · 0⤊ 0⤋
oneibforex.blogspot.com
2014-06-05 08:10:21 · answer #3 · answered by MD. ANISUR RAHMAN 1 · 0⤊ 0⤋