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Before trading Forex you need to set up an account with a Forex broker. So what exactly is a broker? In simplest terms, a broker is an individual or a company that buys and sells orders according to the trader's decisions. Brokers earn money by charging a commission or a fee for their services. My broker Forex4you do not charge any commission also they provide the lowest trading spreads and instant execution of your orders.
I am not willing to suggest at any brokers which I have not used or verified, because there are almost thousands online broker in retail market and most of them are found to be scams. But I can recommend only FreshForex which is real STP Execution trading platform and for all time make sure security of funds, lowest trading spreads for using any kinds of trading techniques , low transaction cost, easy withdrawal system without long time process, active customer services and much more that are very supportive to lead a comfortable trading life with certainly.
Forex is an online investment market in the planet where trader can trade currency at the current forex price. It open 24 hours a day and 5 day in a week. That’s why people prefer forex market other than any stock. Now I am trading with CapitalsTrade. It is a regulated and licensed broker in Vanuatu. It allows all kind of trading style like scalping, hedging, swing trading and many more.
You have emphasized for acquiring proper trading knowledge , but according to me in spite of having most powerful analyzing trade knowledge that’s not possible at all lead a comfortable trading life with certainly without having a reliable support form a credible trading broker , because the broker can affects the result of our trading with certainly.
Trading Forex has become as a pioneer profession and blessing for all classes of people. People can easily get themselves included with the market having only a laptop. It is especially a nice opportunity to the unemployed people and women who are confined to the four walls of home. As a part time trader I have selected Trade12 as a regulated trading broker. They offer ECN accounts with lowest commission, high trading leverage an all currencies to trade.
Trading forex is easy but making reliable profit is the troublesome part. For that you require good learning, skills and experience. You can't plan to profit just by entering into the market. You have to learn the specialty of trading. I am trading with FXPM where I am utilizing their advanced instructive resources to upgrade my insight.
Due to lack of proper trading knowledge is the foremost weakness in Fx trading for all kinds of traders especially the newcomers. That’s why we the traders have to choose the broker which for all time ensures best trading environment for acquiring proper trading knowledge by providing exclusive educational facilities.
Trading forex is easy but making reliable profit is the troublesome part. For that you require good learning, skills and experience. You can't plan to profit just by entering into the market. You have to learn the specialty of trading. I am trading with MaximusFx where I am utilizing their advanced instructive resources to upgrade my insight. They also provides amazing customer support with instant deposit and withdrawal.
Practically, If you want to get maximal result in Forex I think first of all you have to acquire most powerful analyzing trade knowledge by learning. On the other hand , despite of good trading knowledge that’s not possible at all to lead a comfortable trading life with certainly without having a reliable support from a credible trading broker , because the broker can affects the result of our trading with surely.
To do forex business it is necessary to have an account with a forex broker. Because forex broker execute the whole trading process through their trading platform. They work as a middleman for traders. So, you are thinking that why broker will do so for us. Basically trader make profit from charging commission to trader. This charge they keep from the spreads. So, those broker are always good who provides lowest trading spreads. I am trading with TopFX24, which is a lowest spreads provider.