Top Ten Forex Broker 2018 For Beginner
||$ 100||100% Deposit Bonus||Fixed, Variable||50:1, 100:1, 200:1, 500:1||Email 24/7 Phone Mon-Fri||FSCA, CYSEC, VFSC||Forex, Metals, Indices, Commodities, CFDs|
||$ 200||No Bonus||Variables||1:1, 10:1, 50:1, 100:1 , 200:1, 500:1||Email 24/7 Phone Mon-Fri||ASIC||Forex, Metal|
||$ 5||No Deposit Bonus $30 100% Deposit Bonus||Variables||1:1, 10:1, 50:1, 100:1, 500:1||Email 24/7 Phone Mon-Fri||CySEC, FSP (New Zealand)||Forex, Metals, Indices, Commodities, CFDs|
||$ 200||No Bonus||Variables, Fixed||500:1||Email 24/7 Phone Mon-Fri||ASIC||Forex, Metals, CFDs|
||$ 25||No Deposit Bonus $ 30||Variable||500:1||Email 24/7 Phone Mon-Fri||FSA||Forex, CFDs, Metals|
||$ 5||50% Deposit Bonus||Variable||1:1, 10:1, 50:1, 100:1, 200:1, 500:1||Email 24/7 Phone Mon-Fri||None||Forex|
||$ 1||No Deposit Bonus $30||Fixed, Variable||1:1, 10:1, 50:1, 100:1, 500:1||Email 24/7 Phone Mon-Fri||FSP||Forex, Metals|
|$ 5||Supercharged Bonus, Rescue Bonus, Deposit Bonus||Fixed, Variable||1000 : 1||Email 24/7 Phone Mon-Fri||CySec||Forex, Metals|
How To Choose
Top Ten Forex Broker?
Forex Broker ChecklistThe first and foremost characteristic that a good broker must have is a high level of security. After all, you’re not going to hand over thousands of dollars to a person who simply claims he’s legit, right?Fortunately, checking the credibility of a forex broker isn’t very hard. There are regulatory agencies all over the world that separate the trustworthy from the fraudulent.
No matter what kind of currency trader you are, like it or not, you will always be subject to transaction costs. Every single time you enter a trade, you will have to pay for either the spread or a commission so it is only natural to look for the most affordable and cheapest rates. Sometimes you may need to sacrifice low transaction for a more reliable broker. Make sure you know if you need tight spreads for your type of trading, and then review your available options. It’s all about finding the correct balance between security and low transaction costs.
Deposit and Withdrawal
Good FX brokers will allow you to deposit funds and withdraw your earnings hassle-free. Brokers really have no reason to make it hard for you to withdraw your profits because the only reason they hold your funds is to facilitate trading. Your broker only holds your money to make trading easier so there is no reason for you to have a hard time getting the profits you have earned. Your broker should make sure that the withdrawal process is speedy and smooth.
In online forex trading, most trading activity happens through the brokers’ trading platform. This means that the trading platform of your broker must be user-friendly and stable. When looking for a broker, always check what its trading platform has to offer. Does it offer free news feed? How about easy-to-use technical and charting tools? Does it present you with all the information you will need to trade properly?
How To Start
Your Forex Trading?
To start a Forex Trading, it will require several identifications and procedure to be met. It depends on where you live and the location where you trade.
Before you start you need to make sure all the documents are ready for proof of verification such as your Identity Card (IDs), Driving License, Billing Address ( For Proof of Residents) and mobile phone. It depends on the broker.
For deposit to the forex broker, you can choose to start funding using your Bank Accounts, Credit or Debit Cards or Payment Processor such as Netteller or Skrill
We suggest you to fund using Neteller because it is much quicker to deposit and withdraw
Why Trade Forex?
All Forex trading activity is quoted in pairs. This means you are buying one currency, and selling another currency in the same pair. Currency traders make their money when there are changes in the currency exchange rates. If you believe the USD will strengthen, you would sell the cable (go short) by buying USD and selling GBP.
Currency trading is all about speculation. You forecast your expectations of a currency pair and act on it by going long or going short. When a currency appreciates relative to another one, it is strengthening in value and when it depreciates relative to another one, it is weakening.