CharlieFlint
charly@gmail.com
Help me choose the right broker for Forex trading (157 views)
12 Dec 2024 19:44
I have no idea how to choose a broker for Forex trading, especially since it’s my first time and it feels like such a big decision. There are so many options, and after reading about the pros and cons of a few brokers, I’m already confused.
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CharlieFlint
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charly@gmail.com
Jeorge H Waters
matty@gmail.com
12 Dec 2024 21:33 #1
Is there even any point in comparing every broker out there? Right now, it’s important to start somewhere. Just Google a list of reliable brokers for beginners and pick the best one from that. I’m sure you won’t go wrong.
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Jeorge H Waters
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Slevin
kelevrakansas@gmail.com
12 Dec 2024 22:50 #2
If you're just starting out, I'd recommend going with brokers that offer the most transparent process. First of all, look into STP brokers, like the ones Elizabeth Green reviews in her article https://www.starleaf.com/blog/find-the-best-stp-brokers-for-transparent-and-low-cost-trading/. They work directly without a dealing desk, which helps speed up trades and avoid requotes. What's*** is, the article gives you a list of trusted STP brokers.
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Slevin
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