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which broker to choose?

PostPosted: Sun Feb 07, 2010 6:34 am
by grh81
Hi..
First of all thanks a lot to this website and Edward for all those strategies and a review of them. I am new to forex trading. I have been demo trading with all the strategies. Now i feel a little confident to trade with a live account. Please let me know the best broker to choose. This is proving a little difficult for me.
Regards
grh81

Re: which broker to choose?

PostPosted: Mon Mar 01, 2010 2:32 am
by whipcrack
grh81 wrote:I am new to forex trading. I have been demo trading with all the strategies. Now i feel a little confident to trade with a live account. Please let me know the best broker to choose.

Which company’s demo platform have you been using?
Would they not fit your requirements for going live?

If it’s your first excursion into live trading, you might want to consider utilizing a firm that offers micro or mini facilities so you can adjust & expose yourself to the psychological variances of the marketplace & the impact it will definitely have on your decision making.

It’s always different trading live, even if you possess a tight, well defined strategy/system.

Re: which broker to choose?

PostPosted: Mon Mar 01, 2010 2:40 am
by whipcrack
spike wrote:There are several answers to this question. I speak to them in the latest episode of my podcast.

That's all very nice I'm sure, but rather than continually use the topic discussions on this site as a convenient diversion to your own material & interests, how about adding a little to the discussions & comments here?

It's real easy to piggyback free advertising off the hard work of others isn't it.

Re: which broker to choose?

PostPosted: Fri Mar 26, 2010 10:41 am
by Smooth
If I were in your shoes I would open micro accounts with some brokers. After a while I would choose the best of them