Where can I get good forex brokers to choose from?

[rob.henny]

Hi everybody, I am thinking of getting into the forex market and need to take some advice from you. I want to start off my trading with a small budget as I have limited cash now and would like to go on with $500. I don’t know if brokers accept such amounts and where can I get some brokers to choose from so that I can give my options to some of them and start with my trade.

[terasmith]

There are many brokers that will cater to your need, I think that may be you can go for Oanda and nevertheless there is much information available online to find good forex brokers. Trading in the forex market needs a good knowledge and when you have an efficient broker trading on your behalf you can be assured that you won’t go out of the game with empty hands. There is a wide list of forex brokers so that you can choose from the list with reference to a particular region, account size, fees and can know the options with the brokers by contacting them at your comfort.

[MelogKnaj]

My advice, don't get into Forex. Despite what various marketing scams tell you 90% of internet users that get into forex lose money. Of the other 10% most barely break even, while a few experts can turn some sort of profit.

[yekh815]

hi rob,

it is obvious that you are still new to forex trading. would suggest you try this link. it will lead you to one of the leaders in forex trading today thus ensuring you are dealing with a legitimate, trusted and reliable forex trading platform. for an initial deposit of only $100 for a "mini" account they will provide you a personal Account Service Manager (ASM) to be your mentor, consultant and trading partner as well and with whom you can talk live via phone, email or chat. being a newbie, you really need the services of the ASM to succeed in this trading business. good luck.

[jasonk1234]

I have not had good experiences with forex so I would do alot of research before investing any money

[drbones]

What sucks about Forex is there is absolutely no regulation.

Take this from somebody who thought forex was the cats meow for years.

Stay the hell away.

I was heavily involved for a few years with around $100,000 on the table being traded 2-3 times a week.

Since there is no regulation, traders can easily scam you and provide false profit sheets. Often times they run their forex scam as a ponzi scheme, paying out anybody who requests a withdrawl with new investors money. I know because I was burned last year. If you aren't trading yourself, stay the hell away.

[meshleman3]

Well, forex is regulated but not all brokers operate countries that require regulation. Just do your homework before you deposit any money. Forex brokers should have many methods of contact and a proven and established track record. There is money to be made in Forex since it's the largest market in the world. You just have to be very careful and don't let your emotions take over and stick to a clear strategy. There are many brokers that accept very small opening deposits and give traders the ability to trade in micro lots. I would recommend this for you. Here is a broker that allows all this and also scalping and 6% interest on your balance even if you don't make any trades. They have Metatrader 4 and many currencies, metals, cfd and indexes to trade with. I highly recommend this broker. Good luck.