Recommended Forex Brokers
Pls can you give me a reliable broker?
It is high time for me to go live trading, but am afraid of which broker to register with. thanks
It would certainly depend on how much money you wish to put on account, what leverage you prefer, what currency pairs you want to trade (to find a broker with the lowest spreads) and so on. There will be other nuances, for example, how you are going to fund your account - wire, Paypal etc. You'll find different policies everywhere.
But since the question is here, we'll recommend reviewing the following Forex brokers:
Dukascopy and MBTrading - these are ECN brokers, which offers transparency in trading and lowest spreads. You would have to have more capital to open an account with Dukascopy - $50 000 minimum, while with MBTrading $400 is the minimum.
IBFX - can open mini account ($250), low spreads. Another advantage - GMT zone based platform (MetaTrader4).
FXSolutions - have own advanced charting software, offer mini accounts, spreads are a bit high though.
Oanda - have own quite simple platform (you have to check demo, actually for any broker, to see if all indicators you need are there). Oanda main advantage - micro accounts and micro trading lots and the lowest spreads.



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