For a forex beginner choosing best forex broker company is really important part before starting real trading and also needs enough time to experiment each company’s trading platform. if you are not familiar with trading platforms, you should not start your real money trading. This is highly recommended and basic steps of forex trading for beginners to save them from big loss.
Note that each forex broker company has their own platform and lot size. Although, most of them do offer Meta Trader 4 platform which is easy for everyone but some of them do not. you should always go ahead with the platform that you are familiar with. Familiar means you should have used that trading platform and played with an demo account more than a month. So that you can have knowledge about your profitable strategy that you have had in your demo account.
When i started forex trading, i had no knowledge about any trading companies. So I had to find some trading company reviews on internet. But that too confused me more to decide which is the best broker. Finally, blindly I had to choose best from top forex brokers in the world. At list top company makes you feel more comfortable and gives safe monetary exchange service. But after getting some experience with various forex broker company, i can say that no one can satisfy you in every aspect. But, you can still make enough profit with them, if you play safely. Here, i have listed top forex broker companies and their reviews that i have had used during my forex trading.
List of Best Forex Broker Companies
Dukascopy: Dukascopy swiss Fx group founded in 1998 office located in Switzerland. A top forex broker that has been servcing more than ten years now. Traders need minimum $500 deposit to open account in dukascopy. Trading Platform is Meta trader 4 and minimum lot size is 0.01. Forex beginners might find difficulty to pay initial deposit through, but if you look for future aspect then it’s the best to start with.
Ava FX: Ava FX is an ireland based company founded in 2006. They have two different treading platforms offered by company known as meta trader 4 and AvaTrader. You can open your account with minimum $50, but i would recommend you to start with $100 as their lot size is higher than others. The advantage of this forex broker company is that you can start trading commodities and indices with your same account. Do not throw your money if you are not familiar with their platforms. So go with demo account first.
Alpari UK: Alpari UK is belongs to alpari limited founded in 1998. You can take advantage of their varieties of platforms like meta trader 4, 5, Systematic and as well as zulu trade(limited to 30days). Well, for metatrader 4 minimum account size is $200, which was $100 before. Minimum lot soze 0.01. I would recommend you to use Alpari UK while signing up.
Etoro: Etoro inc is an American company founded in 2007. Although etoro is newer than other forex broker but their technology like mobile trader has made them lot famous these days. you can start with a minimum account as low as $50 and with minimum lot size 0.01.
Fxpro: Fxpro financial service limited founded in 2006. You can take advantage of their various Demo platforms like meta trader 4, web trader(SerSart), mobile trading and cTrader. Minimum account deposit starts from $500 and minimum lot size of 0.1. If you have enough money to trade then this is a very good company to trade.
Whichever forex broker company you choose from, never start with a real account. Take their demo account and learn to find out the strategy to make profit in forex. However, Making profit in demo account does not mean you will make profit in real account. your own strategy and the way you analyzed the forex market may help you make profit. Happy trading.