Best forex brokers.
What's the best Forex broker you can use? This is the million dollar question that all Forex traders want answered. There are literally hundreds of Forex brokerages and they all have their loyal customer base. For a new trader who has just begun trading in the FX markets, choosing the right broker can be a challenge. In this article I'll list 3 of the top rated Forex brokers that my clients recommend to their friends.
First up is Fap Turbo. It is one of the best forex brokers for the newbie who wants to trade in the Forex markets. It does all the market research for you and even provides educational resources and online demo accounts. With all these benefits it's no wonder that Fap Turbo is the top pick for beginners. There are also a few bonuses for trading at the FAP Turbo website.
Second on our list of the best forex brokers for beginners is MegaDroid. MegaDroid is also the top choice of professionals looking to trade forex with the least amount of risk. This is primarily because of its artificial intelligence system called RCTPA (Reverse Correlated Time and Price Analysis). The system uses past data from previous trades to make predictions about future price movements. MegaDroid is most effective when used with a bit of money management software such as the MetaTrader4 platform.
Next on our list of the best forex brokers for beginners is the Ivybot. This is another highly recommended forex robot for all investors. The Ivybot is based on the same algorithm as MegaDroid but it is designed to be more compliant with the current rules of the markets. By being less aggressive it helps to retain more of your profits, which is what all professional traders want.
The third best forex brokers for beginners are the FAP Turbo and Forex Miracle. These two trading platforms have gained much popularity among traders due to their ease of use and ability to make large profits relatively quickly. The FAP Turbo is ideal for new traders, while the Forex Miracle is great for traders that are experienced but have been experiencing losing periods. Both platforms work well in conjunction with each other and most traders enjoy using both.
In our final list of the best forex brokers for beginners we will look at the first index that most traders start out with. The city index is modeled after the Dow Jones Industrial Average. Many traders follow this trend and while it may be profitable for many, it can also be dangerous if the market begins to move against them. Beginners should always begin their portfolio with a good city index before moving on to other options.
Our final list of the best forex brokers for beginners is made up of the five best available to us. These include the dealer edition of Forex Plus, the Traders Only Edition of the software, the Trade Club Plus edition, and the Forex Yardhouse Deluxe. All of these programs have good customer service and a good reputation within the trading community. We recommend all of these programs to beginners that are looking to get into trading for as quickly as possible.
Now that you know what the best forex brokers for beginners are we need to go over our final list of the best forex platforms. Our final choice for the best platform is the TradeStation forex platform. This program has several unique features which make it stand out from the rest. If you are a mobile trader then this is the right platform for you to utilize with your home computer and internet connection.