There are many Forex brokers to choose from so finding the best can be difficult. The truth is that the Forex broker you're trading with can really mean the difference between losing your initial deposit & making a lot of money trading Forex.
Let's talk about some things to look for when choosing the Forex broker that is best for you...
1. Easy To Use Platform
Having a trading platform that is easy to use and navigate is key when trading Forex. You need to be able to find all your trading tools including graphs, charts, buy/sell buttons, market news, customer service etc. quickly and easily. The best brokers are constantly working to make their platform easier to use and give you, the trader, a better experience.
2. 24/7
Any Forex broker worth their salt will offer 24/7 customer service. Being able to talk to a customer service agent at the click of a button at anytime let's you trade with peace of mind and ask any questions you like. Constant support is a must.
3. Cashback & Bonuses
Getting cashback and bonuses on your trades puts money in your pocket every time you place a trade. This is an excellent features that only a select few brokers are offering. Take advantage of bonuses available and always trade with a broker that's offering a deposit bonus or cashback.
4. Mini Accounts
With the potential to make thousands of dollars per week in Forex, many brokers have minimum deposit amounts of $250-$500. However when you first get started trading it's great to be able to deposit just $100 in a mini account. Mini accounts let you learn the ropes with minimum risk and, when you're ready, you can get started with a larger deposit and make big money trading Forex.
5. Account Manager
A great asset some brokers offer is an account manager. A personal account manager helps you make money trading right from the start. The manager is always there to help and will help you every step of the way in your trading.
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