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Five best forex brokers for beginners

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Forex trading market is at the top of their game. With every passing day new tactics and strategies are introduced. If you are new in the market, then starting form a broker with minimum deposit is the best option. While we all want to have tons of money but starting with the minimum is the best option if you are a beginner. Trading with minimum amount can help you grab experience and experiments with the money before upgrading your game.

Here we are going to look at the best brokers for beginners:

All traders are in the search for the best broker. The requirements vary with each trader keeping in view their style and plan. If you are starting out trying these brokers is the best options:

Exness:

Exness is the award-winning broker founded in 2008. This platform is regulated by Financial Services Authority. The traders have the advantage to trade on forex and CFD on crypto, stocks and energies on Meta trader 4 and Meta trader 5. The traders enjoy profit with best management tools and 24/7 customer’s service. Exness minimum deposit is $1. Exness support variety of languages like French, Bengali, Hindi, Turkish and Malaysian. It provides 4 different accounts to traders, offering 105 currency pairs.

FBS:

This platform is authorized by International Financial Services Authority. FBS allow its users to trade Forex, Metals, stocks, and Energies with a maximum leverage of 1:3000 on the Meta Trader 4, Meta Trader 5. This system is supported by PC, Mac, Android, and iOS. Five different trading accounts are available on FBS.  The Customer’s service is available on WhatsApp, live chat telegram and Facebook messengers. The minimum deposit is $1. 

Robo Forex:

Robo forex is authorized by International Financial Services Authority. The platform was founded in 2009 and offers trading on Forex and CDF. When starting you have to deposit a minimum of $1. The platforms offer demo accounts as well and the accounts are divided between beginners and experts. It offers over 35 currency pairs. Islamic trading account is available on Robo Forex. Customer’s support is available through WhatsApp, Viber, WeChat and live call and chat.

Nord FX:

Nord FX is an online broker authorized by Vanuatu Financial Services Commission. The trading accounts available are fix. Pro, zero and stock. The platform allow 30 currency pairs and you can trade on Forex and Crypto. The customer’s service is available on their website and all social media accounts. You can approach them through live chat and call as well.

Insta Forex:

This online international brokage is regulated by CySEC and BVIFSC. It offers five accounts:

  • Standard
  • Eurica
  • ECN
  • ECN Pro
  • Scalping
  • pikdo

This platform offers its traders 110 currency pairs and 5 crypto pairs. You can trade in stocks, energies, and indices. Islamic trading account is offered by this broker as well. customers service is available 24/7 with the option of live call.

Conclusion:

These online brokers are the best option to start trading. They link investors to the financial markets, allowing traders to experiment with a broker’s services or fine-tune methods. However, it is critical to remember that a genuine platform with the requisite tools, access to markets, and regulatory protection is still required.

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