company to enable clients to reach someone from the support team and can be chosen according to individual trader preferences. For example, if you are a beginner in the industry and have come to hear of a broker that offers the promise of a highly profitable trading account, your first reaction may be to visit the brokers official website, register and open a live trading. The most common communication methods include phone calls (preferably 100 free e-mails, and online web contact forms. Maximum leverage: 50:1 Account minimum: 0 Currency pairs: 70 Minimum trade lot: 1,000 to 10,000, depending on pair. The forum section is very rich with lots of useful information and materials for forex traders ranging from expert advisors, strategies, and downloadable books. Verify the information youve gleaned while doing your research and find out about opening a live trading account.
Heres a collection of some of the forex and binary options brokers top features and considerations you should be looking for in the best Forex brokers: Regulation Protect Your Investments with the Help of Leading Regulatory Organizations. We mention this because there are many new brokers in the industry that have a bad reputation for scamming new clients. Commission: Choice of spread markup or commission account. There is no assumption with the teachers and administrators of this forex website. Forex Website: Forexfactory Forexfactory is all-encompassing and one of the best forex websites available today. Complete forex video training, trade system and indicators here. Such a strategy may not only involve spending a significant amount of time and money, but can also lead to a drop in trader morale if the broker doesnt live up to expectations. I am therefore tempted to rank this as the number one best forex website that every beginner in forex should start off with before moving to the other sites discussed here as the basics to profitable forex trading are well explained therein.
IG, best overall forex broker.
Saxo Bank - Excellent all-around offering.
Best for active trading.