Best Broker for a Newbie

Jun 30, 2012 at 03:35
18,613 Views
327 Replies
Member Since Feb 22, 2011   4862 posts
Sep 13, 2017 at 13:46
Aimak posted:
For a newbie I recommend Metaquotes

Metaquotes is not an broker
Member Since Nov 30, 2009   149 posts
Sep 14, 2017 at 06:22
BaldoN posted:
Aimak posted:
For a newbie I recommend Metaquotes

MetaQuotes is a Cyprus based Forex trading software company. They are creating trading platforms, gateways and some back office solutions, but they are not broker :)

togr posted:
Aimak posted:
For a newbie I recommend Metaquotes

Metaquotes is not an broker

Metaquotes offers demo accounts from their demo server. Practice in demo I think is the best option for a newbie.
exquisite entries with calculated exits
Member Since Feb 22, 2011   4862 posts
Sep 14, 2017 at 14:12
Aimak posted:
BaldoN posted:
Aimak posted:
For a newbie I recommend Metaquotes

MetaQuotes is a Cyprus based Forex trading software company. They are creating trading platforms, gateways and some back office solutions, but they are not broker :)

togr posted:
Aimak posted:
For a newbie I recommend Metaquotes

Metaquotes is not an broker

Metaquotes offers demo accounts from their demo server. Practice in demo I think is the best option for a newbie.
It is not a broker
it is mt developer
Member Since Nov 30, 2009   149 posts
Sep 14, 2017 at 14:36
togr posted:
Aimak posted:
BaldoN posted:
Aimak posted:
For a newbie I recommend Metaquotes

MetaQuotes is a Cyprus based Forex trading software company. They are creating trading platforms, gateways and some back office solutions, but they are not broker :)

togr posted:
Aimak posted:
For a newbie I recommend Metaquotes

Metaquotes is not an broker

Metaquotes offers demo accounts from their demo server. Practice in demo I think is the best option for a newbie.
It is not a broker
it is mt developer

Yes, I know. Also have a demo server for anyone can use. The advantage is you won't get annoyed with emails or phone calls to convince you to fund a real account. For this reason I believe is a 'safe' way for a newbie to practice.
exquisite entries with calculated exits
Member Since Feb 22, 2011   4862 posts
Sep 15, 2017 at 10:03
Aimak posted:
togr posted:
Aimak posted:
BaldoN posted:
Aimak posted:
For a newbie I recommend Metaquotes

MetaQuotes is a Cyprus based Forex trading software company. They are creating trading platforms, gateways and some back office solutions, but they are not broker :)

togr posted:
Aimak posted:
For a newbie I recommend Metaquotes

Metaquotes is not an broker

Metaquotes offers demo accounts from their demo server. Practice in demo I think is the best option for a newbie.
It is not a broker
it is mt developer

Yes, I know. Also have a demo server for anyone can use. The advantage is you won't get annoyed with emails or phone calls to convince you to fund a real account. For this reason I believe is a 'safe' way for a newbie to practice.

Nope you should demo trading with the same broker you would like to trade real
As results differs a lot per broker
So you cannot trade metaquotes demo and then trade real metaquotes
BECAUSE it is not a broker
Member Since Aug 09, 2017   95 posts
Sep 21, 2017 at 06:52
Its hard to make sure the good broker as a newcomer but if we would make some research then we would be able to find out. But I think it is very important to join different brokers and observe like how to deposit and withdraw the money and what is the spreads and what is the kinds of account allowed.
Member Since Aug 11, 2017   886 posts
Sep 21, 2017 at 14:28
The best broker is a broker which does not restrict any kinds of trading techniques with scalping and hedging. and the best broker for all time ensures best trading environment for using any trading techniques by providing lowest trading spreads as well as minimum margin requirements.
Member Since Aug 09, 2017   95 posts
Oct 06, 2017 at 09:24
If you are willing to invest a vast amount in Fx then it is more appropriate to open a micro at the broker to see the performance how it works.
Member Since Jun 15, 2017   1 posts
Oct 08, 2017 at 06:36
Are all broker different?
Which will be the best and appropriate?
Member Since Aug 31, 2017   10 posts
Oct 09, 2017 at 14:49
The one that offers a demo account
Member Since Aug 11, 2017   886 posts
Oct 13, 2017 at 09:05
Every broker is not decent it will understand you when choosing a broker as a newcomer. by and large broker which are particularly non regulation always cheat with their clines and restrict the situation when withdrawal time.
Member Since Aug 09, 2017   95 posts
Oct 19, 2017 at 06:22
Its hard to make sure the good broker as a newcomer but if we would make some research then we would be able to find out. But I think it is very important to join different brokers and observe like how to deposit and withdraw the money and what is the spreads and what is the kinds of account allowed.
Member Since Dec 11, 2015   1487 posts
Jan 05, 2018 at 16:27
If you’re looking for a broker watch out and stay away from GalaFX – the FCA recently issued a warning against them and said they’re a clone company copying the the registration number of a Bulgarian company called Enterpays Global Payment Solutions that is registered as an EMD agent with the FCA. (https://www.forexbrokerz.com/news/UKs-FCA-warns-GalaFX-CryptoBrain-are-clones)
Member Since Dec 12, 2017   10 posts
Jan 09, 2018 at 08:02

Hello by chance does anyone know that you work with CMC Markets? I have been told that it is a CFD broker of recognized prestige that has been operating for more than 20 years. And I would like to know what is the experience with this.
Member Since Feb 22, 2011   4862 posts
Jan 09, 2018 at 10:00
raphaelcol posted:

Hello by chance does anyone know that you work with CMC Markets? I have been told that it is a CFD broker of recognized prestige that has been operating for more than 20 years. And I would like to know what is the experience with this.

Start with some well known broker
Oanda, IcMarkets
Member Since Dec 11, 2015   1487 posts
Jan 12, 2018 at 13:19
raphaelcol posted:

Hello by chance does anyone know that you work with CMC Markets? I have been told that it is a CFD broker of recognized prestige that has been operating for more than 20 years. And I would like to know what is the experience with this.

They have a license by the FCA and ASIC, but on the other hand they do not offer trading on Metatrader 4, which is a big flaw in my opinion. (https://www.forexbrokerz.com/brokers/cmc-markets)
They also don’t allow automated trading so take those things into consideration.
Member Since Feb 22, 2011   4862 posts
Jan 12, 2018 at 17:53
raphaelcol posted:

Hello by chance does anyone know that you work with CMC Markets? I have been told that it is a CFD broker of recognized prestige that has been operating for more than 20 years. And I would like to know what is the experience with this.

Avoid or you will regeret
https://www.forexpeacearmy.com/forex-reviews/41/www.cmcmarkets.com
Member Since Jan 31, 2017   206 posts
Jan 12, 2018 at 17:54
I can recommend Darwinex - very good professional company. FCA regulated. The best service I've ever seen before.
I also work with darwinex, and my main algosystem works there, under the name SCR. Everyone can check.
Trading system developers and strategy providers.
Member Since Jan 12, 2018   8 posts
Jan 14, 2018 at 07:21

It is difficult to find an agent that really cares about the needs of investors, whether small or large corporations, in general there are always going to be scams like in the case of avatrader, recently I started testing with the cryptomt4 broker and for the moments are going quite well, it is acceptable.
Member Since Feb 18, 2015   2 posts
Jan 15, 2018 at 06:45
Darwinex I am VERY happy too.
A journey of thousand steps starts with putting one foot in front of another.
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