Tag: forex brokers

Getting started with Forex trading

sfl 4 Comments
2 min read

If you’re reading this, it’s safe to assume you have an interest in forex trading. Maybe you’ve heard about forex from that friend working in finance or maybe you have an interest in currency markets yourself. One thing is clear: you want to know more about it! But where do you start? There are so many brokers, types of trading software, trading accounts, …

It’s easy to lose track of everything when you’re just starting out, so I’d like to show you some good starting points to get you going quickly.

Forex brokers

Choosing a broker can seem daunting. To help you out, I’ve written an article that shows what to look for when choosing a broker. I’ve been using FxPro as my forex broker and I’m very happy with them. If you’re looking for a reliable broker, they come highly recommended.

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Forex broker charts

Choosing a forex broker

sfl 5 Comments
3 min read

Finding the right forex broker can be a challenge if you don’t know where to look.  There are so many brokers available, all with their own offers trying to lure you in.

 

Note: I’ve been using FxPro for a while now, and I’m extremely happy with them. Since I’ve been with them, I have been pleasantly surprised with the quality of their support, their spreads are decent, their execution is flawless and they offer both MT4 and cTrader. If you’re looking for a good and reliable forex broker, I’d recommend checking them out:

 

When choosing a broker, it’s therefore useful to look at the following criteria:

 

Low spreads

The spread of a currency pair is the difference between the buying price and the selling price of that currency pair. Most forex brokers don’t work on a commission basis, and the spread is how the brokers actually earn money when traders make orders. Different brokers will offer different spreads, and it’s worth looking into which brokers offer the lowest spreads on the currency pairs you’re planning to trade with the most often. A useful website to check a lot of broker spreads for the most common currency pairs can be found here.

 

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