Altcoins Talks - Cryptocurrency Forum
Further Discussions => Trading (Not crypto) => Topic started by: Sukii on September 25, 2024, 11:51:09 PM
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For the experts here can you tell me the brokers you feel are best for someone just starting forex or for anyone who is looking for a good broker
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Other traders who trade forex as well sometimes together with crypto will have other suggestions based on the broker they use, for me I use HFM and I've not had an issue with them both with deposit and withdrawals. ;D
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For the experts here can you tell me the brokers you feel are best for someone just starting forex or for anyone who is looking for a good broker
Everyone will have their choice and preference. The brokers I’m familiar with are Deriv for those that trade synthetic pairs and Exness for currency pairs. I can’t say they’re the best though but you can’t find synthetic pairs in any broker asides Deriv and currency pairs can be found in deriv and also Exness broker. I have not tested other brokers but for this ones, they’re good to use.
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For the experts here can you tell me the brokers you feel are best for someone just starting forex or for anyone who is looking for a good broker
It all depends on your location in the world, but I personally recommend the brokers XM or Exness
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For the experts here can you tell me the brokers you feel are best for someone just starting forex or for anyone who is looking for a good broker
As a Forex trader, the broker you choose to trade with is something you have to research on as similar to how you research on the best currency pair to fit your analysis. Every trader has different markets and pairs they specialise most in and that is part of the things you have to consider when trying to select the best broker for yourself.
The idea is some brokers don't offer certain pairs and also, based on your trading strategy, some brokers may not be too good for you because of their spread. Take the index market for example, when last I checked, I think only deriv offers it so if you trade index deriv would be a great broker for you.