Forex Brokers Tips & Advice

Which is the best Forex broker out there?

The annoying truth is, it's different for each trader (you've heard this many times):

• whereas a beginner would thrive with a Welcoming package from Broker "A"


• a professional could find the conditions nightmarish to deal with, and choose Broker "B"


• yet the same Broker "B" will be a headache for the beginner stuggling to apply simplistic beginner style trading to Broker "B" settings

What is the trick to choose a Forex broker?

It all begins with:

• individual trading style & strategy


• individual level of Forex trading experience & desire to keep studying


• trading conditions with your broker, finally, but not before the abovemnetined

Example:

Day trading & scalping methods would call for a no-dealing desk broker with direct access to a few reliable liquidity providers, and not necessarily an entire "Interbank squad".

While long-term position trading could be very successfull with a Market Maker (and, of course, as well as ECN/STP).

Why there are no clear suggestion about exact Forex broker names to choose from?

When you see the exact names of so called "Best Forex brokers" being mentioned, this would 99% of the time means paid/affiliated promotions and links.

When you click on those links and convert to a "depositing client", the referring website earns commission from a Forex broker. It's a good monetising strategy, yet not very fair for the cosumers, who are led to believe they've followed an unbiased reccomendation.

Thus, may be your best option is, in fact, to reserch on your own, on websites with extended broker lists, such as this: Forex Brokers list and many other similar.