You have an idea how fascinating and ideal how the forex market can be but where do you start? I asked myself the same question. I could personally tell you that what you need and what you ought to avoid.
Low costs: avoid services that offer clearing fees, brokerage fees or commissions on profitable trades. Not to mention high bid/ask spreads that brokers profit from.
Deposit rates: the forex market participation is huge, unquestionably, everyone can participate depending on the size of your wallet. Always find a service that can cater to your needs. I personally deposit $5 (Ksh 500) on the service I use.
Options: Hio ndio nini? services such as IQOPTION or EXPERT OPTION or any financial platform that tells you to take a trade before a certain time limit, AVOID! I'll cover this on another blog.
Middlemen: avoid avoid avoid! people or services that directly trade your account on the market cause the risk of you losing capital is far more great than their unicorn promises of them making you money.
Broker: Lastly a recognized online broker who covers all the above reasons and has a good standing with its users via customer support and audience engagements through promotions or webinars.
My personal recommendation is Forex Time or abbreviated, FXTM and they check all the above reasons above.
PS: By clicking this link and registering with FXTM, you and I will get $50 on our accounts. A suitable way for supporting this blog. Thanks.