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 Regulation Detail User Reviews
etoro_review eToro CySEC,FCA, ASIC
Min. Deposit: US$200
Max. Leverage: 1:30
Trading Platforms: eToro Platform
0 Reviews eToro Review
Plus500 Broker review Plus500 FCA, CySEC, ASIC, MAS
Min. Deposit: 100 US$
Max. Leverage: 1:30
Trading Platforms: Plus500 Platform
0 Reviews Plus500 Review
ETX Capital Broker review ETX Capital FCA
Min. Deposit: 100 GBP
Max. Leverage: 30:1
Trading Platforms: TraderPro, MT4
0 Reviews ETX Capital Review
cmc markets_logo CMC Markets FCA, ASIC, FMA, IIROC, MAS
Min. Deposit: 0 GBP
Max. Leverage: 1:30
Trading Platforms: CMC Web, CMC Mobile
0 Reviews CMC Markets Review
Pepperstone review Pepperstone FCA, ASIC
Min. Deposit: 200 US$
Max. Leverage: 1:500
Trading Platforms: MT4, MT5, cTrader
0 Reviews Pepperstone Review
Amana Capital Review Amana Capital FCA, CySEC, DFSA
Min. Deposit: 50 US$
Max. Leverage: 1:500
Trading Platforms: MT4, MT5
0 Reviews Amana Capital Review
xm.com_review XM.com CySEC,FCA, ASIC
Min. Deposit: US$5
Max. Leverage: 1:500
Trading Platforms: MT4, MT5, XM WebTrader
0 Reviews XM.com Review
XTB broker review XTB FCA
Min. Deposit: 250 US$
Max. Leverage: 1:30
Trading Platforms: MT4, xStation 5
0 Reviews XTB Review
FxPro Review FxPro FCA, CySEC, SCB, FSCA, DFSA
Min. Deposit: 500 US$
Max. Leverage: 1:500
Trading Platforms: MT4, MT5, cTrader, FxPro Edge
6 Reviews FxPro Review
hycm-forex-broker HYCM FCA, CySEC, DFSA, CIMA
Min. Deposit: 100 US$
Max. Leverage: 1:30
Trading Platforms: MT4
0 Reviews HYCM Review