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 support and offer 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 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
ForexTime FXTM review FXTM
Min. Deposit: US$200
Max. Leverage: 1:30
Trading Platforms: MT4, MT5
Regulation: CySEC,FCA, IFSC, FSCA
FXTM Review
alpari review Alpari
Min. Deposit: 20 US$
Max. Leverage: 1:500
Trading Platforms: MT4, MT5
Regulation: SVG FSC, IFSC
Alpari Review
xm.com_review XM.com
Min. Deposit: US$5
Max. Leverage: 1:500
Trading Platforms: MT4, MT5, XM WebTrader
Regulation: CySEC,FCA, ASIC
XM.com Review
hycm-forex-broker HYCM
Min. Deposit: 100 US$
Max. Leverage: 1:30
Trading Platforms: MT4, MT5
Regulation: FCA, CySEC, DFSA, CIMA
HYCM Review
avatrade review AvaTrade
Min. Deposit: 100 US$
Max. Leverage: 400:1
Trading Platforms: MT4, AvatradeGo
Regulation: Bank of Ireland, ASIC, JFSA, FSCA
AvaTrade Review
etoro_review eToro
Min. Deposit: US$200
Max. Leverage: 1:30
Trading Platforms: eToro Platform
Regulation: CySEC,FCA, ASIC
eToro Review
Tickmill Broker review Tickmill
Min. Deposit: 100 US$
Max. Leverage: 1:30
Trading Platforms: MT4, WebTrader
Regulation: FCA, FSA, CySEC
Tickmill Review
XTB broker review XTB
Min. Deposit: 250 US$
Max. Leverage: 1:30
Trading Platforms: MT4, xStation 5
Regulation: FCA
XTB Review
forex.com review Forex.com
Min. Deposit: 50US$
Max. Leverage: 1:40
Trading Platforms: MT4, FOREX.com Platforms
Regulation: FCA, IIROC, ASIC, CFTC
Forex.com Review
City Index Broker review City Index
Min. Deposit: 100 GBP
Max. Leverage: 1:40
Trading Platforms: Advantage Web, AT Pro, MT4
Regulation: FCA
City Index Review