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Author Topic: newbie ideal forex broker choice?  (Read 31589 times)

Offline Trunk

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Re: newbie ideal forex broker choice?
« Reply #75 on: August 28, 2017, 03:01:10 PM »
Well, it would actually be logical to pay tax from the profit, for the development of the country, business, etc. But how do you count this tax? ??? The profit sum is different everytime, sometimes it can even go into the red. And there's not always confidence that the taxes will go in the right direction.

That's why most Non-US brokers offer withdrawals from online payment systems like Skrill because its more convenient. I think you may pay taxes from withdrawals of that money to your bank account.

Offline Diego

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Re: newbie ideal forex broker choice?
« Reply #76 on: August 29, 2017, 07:48:35 PM »
I know how hard it is for a newbie at the beginning of the way to choose a broker. You don't know what parameters to follow. I'll tell you this, you should look at the expiration period of the broker, its trading conditions, speed of payments, regulations. And don't listen to advice about choosing a specific broker.

Offline Trunk

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Re: newbie ideal forex broker choice?
« Reply #77 on: September 05, 2017, 05:53:47 PM »
I know how hard it is for a newbie at the beginning of the way to choose a broker. You don't know what parameters to follow. I'll tell you this, you should look at the expiration period of the broker, its trading conditions, speed of payments, regulations. And don't listen to advice about choosing a specific broker.

From your first sentences I believed you must have some valuable and genuine advice for newbies, but after "expiration period of the broker" this idea abandoned my mind  ;D
How a company can have an expiration period?

Offline Armando

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Re: newbie ideal forex broker choice?
« Reply #78 on: September 18, 2017, 04:43:32 PM »
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« Last Edit: September 18, 2017, 05:32:19 PM by CanadianPsycho »

Offline JohnyIve

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Re: newbie ideal forex broker choice?
« Reply #79 on: April 16, 2018, 04:04:55 AM »
For quick adaptation and unerstanding some hidden aspects of forex market you have to choose broker very carefuly. First of all it's necesary to check rergulations and licence. After that look attentively to platform. For newbies it will be great to choose MT 4 (or even better is MT 5). And of course min. depo should be really minimum.. I guess from 50-200$.
I heard Amarkets integrated MT 5 platform and refreshed Education Center so it is now really nice chance to understand market with exactly this one broker.

Offline Paul.Trafford

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Re: newbie ideal forex broker choice?
« Reply #80 on: July 24, 2018, 01:00:17 PM »
I know how hard it is for a newbie at the beginning of the way to choose a broker. You don't know what parameters to follow. I'll tell you this, you should look at the expiration period of the broker, its trading conditions, speed of payments, regulations. And don't listen to advice about choosing a specific broker.

From your first sentences I believed you must have some valuable and genuine advice for newbies, but after "expiration period of the broker" this idea abandoned my mind  ;D
How a company can have an expiration period?

I also mention that :D :D :D expiring broker it may be a typo
In my opinion the best way to select broker is to try few and compare the conditions. You could have demo to get rough idea of the conditions and chase the support. If they are responsive and answering all inconvenient questions it is a good sign 😉

Offline Trunk

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Re: newbie ideal forex broker choice?
« Reply #81 on: July 24, 2018, 08:35:25 PM »
Yeah often big companies doesn't bother to deal with new clients, helping them in every detail. This can be quite unpleasant during first exposure to the broker

Offline drunkfx

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Re: newbie ideal forex broker choice?
« Reply #82 on: August 28, 2018, 09:15:07 AM »
I know how hard it is for a newbie at the beginning of the way to choose a broker. You don't know what parameters to follow. I'll tell you this, you should look at the expiration period of the broker, its trading conditions, speed of payments, regulations. And don't listen to advice about choosing a specific broker.

From your first sentences I believed you must have some valuable and genuine advice for newbies, but after "expiration period of the broker" this idea abandoned my mind  ;D
How a company can have an expiration period?

I also mention that :D :D :D expiring broker it may be a typo
In my opinion the best way to select broker is to try few and compare the conditions. You could have demo to get rough idea of the conditions and chase the support. If they are responsive and answering all inconvenient questions it is a good sign 😉

These are basic requirements for a broker, only outright scam can fail at that test. Most of more sophisticated scams don't pass live execution test, since their slow servers and greedy execution model can't offer decent trading experience

Offline Loperte

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Re: newbie ideal forex broker choice?
« Reply #83 on: November 27, 2018, 11:49:53 AM »
My favorite forex brokers for beginners
Best Overall: Forex.com.
Best Regulated: Forex.com.
Best Platform/Ease of Use: Forex.com.
Best In Terms of Educational Resources Offered: Ally Invest, Forex.com, TD Ameritrade.
Best Affordability (Lowest Fees & Commissions): Oanda.
Best Customer Support: Forex.com.

Offline drunkfx

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Re: newbie ideal forex broker choice?
« Reply #84 on: December 15, 2018, 11:48:10 AM »
My favorite forex brokers for beginners
Best Overall: Forex.com.
Best Regulated: Forex.com.
Best Platform/Ease of Use: Forex.com.
Best In Terms of Educational Resources Offered: Ally Invest, Forex.com, TD Ameritrade.
Best Affordability (Lowest Fees & Commissions): Oanda.
Best Customer Support: Forex.com.

Looks like you mentioned brokers for US citizens, if you consider offshore CYSEC regulated brokers are much flexible, offering higher leverage and bigger ECN network of liquidity providers. Glad that I live outside of US and can avail of all this features on my Hotforex platform.

 

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