BRKV – As usual, it is vitally important for new traders to choose a suitable broker, who can support them in a long-term plan. For many forex beginners, they decided to opt for perfect forex brokers, not best ones. In my viewpoint, it can be a good decision for them to choose perfect forex brokers because best forex brokers are not suited. In order to help you avoid some unexpected situations, you should take forex trading into consideration. It means that we have to determine precisely what kind of broker is suitable for us. In addition, in terms of trading path, we have to alter many brokers, and then find good ones. From my perspective, only one kind of broker suits you regardless of any trader.
Here are three perfect forex brokers now.
XM.com: 9/10
Exness.com: 9/10
FBS.com: 8/10
First and foremost, if we desire to win a lot of money in this market, we should have a good knowledge about how to choose perfect forex brokers for new traders. It is a good thing for new traders to collect more trading experience and learn from the mistakes. Moreover, it would be great for us to understand some certain criteria of perfect forex brokers. It is because new traders tend to lose their money at the beginning, they thus lay down some good strategies in order to restrict their loss. CLICK HERE TO SEE TOP PERFECT FOREX BROKERS.
Here are some basic standards of perfect forex brokers.
– Low deposit requirements.
– Small trading lot requirements.
– Easy.
– Good local support.
– Trusted brokers.
– Good training and coaching programs.
It is obvious that experienced forex traders have a tendency to pay more attention to one important thing that whether or not their brokers are trusted. It can be a very essential step which enables the safety of traders. However, due to the fact that forex beginners always deposit the small amount of money, brokers are not really interested in these new traders. Additionally, you should not deposit the big amount of money at the beginning. It is better for you to deposit less than $100, which ensures that you not only learn many valuable lessons, but also minimize your loss. CHECK IT HERE TO SEE TOP LOWER DEPOSIT BROKERS.
It is estimated that almost traders lose their money the beginning because of the lack of trading experience. Therefore, what you need to do at the first stage is to open positions with a small value. Normally, we can know that the standard lot is 100,000 USD, which is a big deal for new traders. To my mind, we should choose some brokers who offer small value of positions. In fact, XM, Exness and FBS allow you to open positions as small as 0.00001 Lot USD, and they also offer Cent account. I strongly believe that it is very beneficial for you to choose Exness because we do not need to deposit a lot.
In fact, new traders need to conduct many good strategies before launching into this market. More importantly, everything should be very simple for new traders because of the limitations of experience. As I mentioned above, it takes us a long period of time to have a well-rounded view about forex market. It would be therefore good for new traders to make everything simple. I will show you some very basic aspects that you should know before trading.
Here are some important factors that you need to take into account.
– We need to choose easy forex brokers.
– We should trade by web trade or web terminal at the beginning.
– We should deposit by Visa/Master at the beginning.
From my own experience, what can be a big obstacle for new traders is language. As usual, forex beginners should get support from their brokers in order to facilitate their trading process. In the past, I used to meet some unexpected problems about login, installing MT4, 3D security of Credit Card. Hence, it will be a big vantage for new traders to have support from their brokers. CHECK IT HERE TO SEE GOOD FOREX SUPPORTERS.
For forex beginners, one of the vital thing that new traders do not need to care much is to meet scam brokers. It is because these brokers will not aim at new traders because of little profit.
In my opinion, it is better for you to have a comprehensive view about brokers, and then you change any broker as long as they are suitable.
In fact, many brokers who support their customers monthly training program, which new traders can benefits a lot from. On the other hand, if these brokers require or ask traders to deposit more money. In this case, it would be quite dangerous for you, so you should not trade with these brokers. At the beginning, I am sure that all traders have to tackle many problems, they thus need to know how to learn from their missteps.
Here are top three forex brokers for new traders:
XM.com: 9/10
Exness.com: 8.5/10
FBS.com: 8/10
At present, we can see that Exness and XM are recorded in the top of perfect forex brokers. As a result, you can trade with them without much worries.
In addition to this, Exness is now supports their customers in different aspects, ranging from good trading condition to local payment system. They offer Cent account which is really wonderful for new traders because they can open positions with small money. YOU CAN CLICK HERE TO SEE MORE ABOUT CENT ACCOUNT.
In my opinion, new traders should not care much about welcome bonus because it is not prerequisite for their good trading life. As a matter of fact, if forex beginners try to pay closer attention to this kind of bonus, they might waste their precious time. It is because welcome bonus is designed to attract the attention of new traders. On the negative side, we cannot withdraw our money easily.
It is a common thought that Demo contest is totally good for new traders. But, in my opinion, new traders have no chance to win this contest because the insufficient experience. Normally, only professional traders win this contest because they try to make use of robot trading. Accordingly, new traders not only get no profit but also squander the larger amount of time.
Having a wrong idea of choosing demo account is that traders can learn many thing from. Frankly speaking, Demo account is not suitable for beginners because of its negative aspects. It is advisable that new traders should choose Cent account, which helps traders to capture some valuable things. Due to the fact that it is designed for forex beginners, it is a completely good option for them.
Hey there, this is Fanara Filippo. I’m the author of this article and i’m currently collaborating with Brokerreview.net, or BRKV in short. My articles are mainly for forex traders from Thailand, Indonesia, India, Bangladesh, and South Africa.
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