In the previous article, we spoke about tips to become a good trader. One of them was to get a broker. This is a very important tip, and in this article, we’ll flesh out how you will do this.
A broker is an essential thing that all traders should have. More importantly, people have to find the right broker for their needs. It should fit their plans, goals, and what they want to achieve and focus on.
In order to do so, beginner traders can begin by availing of the services of the Forex Introducing Broker. FX Introducing Brokers are able to assist you in finding the right broker and Forex Trading Platform for your trading. Most typically also offer some other tangible value add service, such as a cash back rebate.
Still feeling lost? Don’t worry. We’re here to present to you four great brokers that you can consider when trading.
First of all, we have ThinkMarkets. They have quickly grown to be one of the best Forex trading brokers. Having got their start as a New Zealand based broker they quickly expanded and upgrading their regulatory licenses to also include an ASIC license in Australia and an FCA license in the United Kingdom.
One of the things that separates ThinkMarkets from other brokers is the fact that they have trading technologies that are unique to them, including the Forex Trading Platform TradeInterceptor. The Trade Interceptor Forex trading platform is considered by many to be one of the best trading platforms available to Forex traders. They are considered the very best at currency offerings.
FXCM is considered one of the best brokers overall. Forexbrokers.com once reviewed as many as 50 brokers and FXCM came out on top.
They offer pricing that is very competitive and attractive to traders. They are also visible across the globe and have access to many different markets.
FXDD is a brokerage company that excels in its applications for traders. They have been around for a long time and once were regulated by the NFA in the United States. Since around 2011 though they have shifted their focus to other parts of the world and are now regulated in Malta and the Bahamas. With them, you can trade on the go.
Finally, we have Oanda. This is the best option for United States residents. This is good asOanda is known for its fantastic support services.
These are only a few of brokers you should consider.