Forex Brokers for Beginners

The first steps in trading are the most important in overall trading experience and it’s best to take a comprehensive educational course before live currency placed into the trading.

Firstly, it is, of course, crucial to choose a right and reputable company from the Forex Brokers suitable for Beginners, as those companies maintained their trading conditions to the traders who just started their journey in trading.

The appropriate company or broker should be strictly regulated by the reputable authority and jurisdiction, otherwise allured possibilities from unscrupulous brokers may turn to a pure scam and loose of your funds.

Further on, the Broker that supports and offers learning tools or resources with robust educational content full of market insights and reviews, along with customer-friendly interface of the platform will surely be the best choice as you need support at your start.

  • Deep understanding of the financial tools and how markets work, with support and advice when necessary, definitely helps and truly critical in your trading possibilities, options and developments.
  • Clear vision and detailed knowledge about instruments and markets further might lead you to better decisions, thus to the potentially successful trading experience.

At the beginning, traders are also advised strongly to test trading skills through the variety of Demo accounts where the risks are not placed due to its virtual feature, as well good to attend competitions or to interact with other more experienced traders that are widely available through a diversity of social systems, copy trading or other tools.

Overall, there are endless possibilities in trading performance thus the right choice of the broker and comprehensive education is the key, which requires patience, practice and smart planning.

Broker Detail
alpari review Alpari
Min. Deposit: 20 US$
Max. Leverage: 1:500
Trading Platforms: MT4, MT5
Regulation: SVG FSC, IFSC
1
Alpari Review
ForexTime FXTM review FXTM
Min. Deposit: US$200
Max. Leverage: 1:30 | 1:200
Trading Platforms: MT4, MT5
Regulation: CySEC,FCA, FSCA
2
FXTM Review
FP Markets
Min. Deposit: 100 US$
Max. Leverage: 1:500
Trading Platforms: IRESS, MT4, MT5
Regulation: ASIC, CySEC
3
FP Markets Review
xm.com_review XM
Min. Deposit: US$5
Max. Leverage: 1:30 to 1:888
Trading Platforms: MT4, MT5, XM WebTrader
Regulation: CySEC, ASIC, IFSC
4
XM Review
Axiory logo Axiory
Min. Deposit: 100 US$
Max. Leverage: 1:500
Trading Platforms: MT4, cTrader
Regulation: IFSC
5
Axiory Review
GO Markets Review GO Markets
Min. Deposit: 200 US$
Max. Leverage: 1:500
Trading Platforms: MT4, MT5, WebTrader
Regulation: ASIC
GO Markets Review
FBS-logo FBS
Min. Deposit: 1 USD for Global, 10 EUR for EU
Max. Leverage: 1:30
Trading Platforms: MT4, MT5, FBS trader
Regulation: CySEC, IFSC
FBS Review
avatrade review AvaTrade
Min. Deposit: 100 US$
Max. Leverage: 1:30 | 1:400
Trading Platforms: MT4, AvatradeGo
Regulation: Bank of Ireland, ASIC, JFSA, FSCA
AvaTrade Review
OctaFX
Min. Deposit: 100 EUR
Max. Leverage: 1:30 | 1:500
Trading Platforms: MT5, cTrader
Regulation: CySEC
OctaFX Review
Exness Review Exness
Min. Deposit: 1 US$
Max. Leverage: 1:30 | 1:1000
Trading Platforms: MT4, MT5
Regulation: CySEC, FCA, SFSA
Exness Review