HOW TRADING PLATFORM CAN DECIDE THE BEST FOREX BROKERS FOR BEGINNERS

Forex platform is the gateway for a trader to enter into the forex market though the best forex brokers for beginners. Thus, it must be credible and easy to use. Also, it must provide you with a variety of trading tools, e.g. clear charts, streaming news sources, economic calendars, etc. so that you can analyze the market. Additionally, the interface of the forex platform has to be designed well, having all functionalities labeled clearly as well as placed strategically.

In case a forex platform is designed poorly, it can lead to unexpected mistakes. For instance, it may waste your time and even money by causing you to go long on a position when you want to go short or adding to a position when you want to close a position.

In short, what you need to note here is making sure your broker provides you with a trusted forex platform. According to our experience, the two most reliable forex platforms are MetaTrader 4 and Sirix WebTrader.

Every trader has to go through all of these stages before he/she can be an expert: beginner, professional, and expert. If you are beginners, then you are at the right place.

As a trader, you need to check whether or not it is available for you to contact broker’s support team via email, live chat, or phone calls, etc. Then, you have to review the response time of the representatives who are responsible for supporting customers. Besides, you must consider whether or not your broker gave you a localized phone number which you can call for free.

When starting trading forex, you will be in need to choose an account type from the selection of trading accounts provided by your broker. Each type of account has its own strengths and weaknesses and is differentiated by the benefits it gives traders.

In a nutshell, considering which broker is good and suitable to trade with is a hard task for traders, especially for beginners who have less knowledge and experience. However, with all necessary details we have already showed you, we hope you can easily find a perfect broker that can help you on your way to achieve success in trading forex.

A broker giving excellent local support should mainly help with the native languages. Because every trader gets trouble and difficulties with issues such as logging in, installing MT4, setting 3D security of Credit Card,…there needs to be support team who can help their clients effectively and instantly by the native languages.

Brokersguru, led by Mr. Fanara Filippo, a long-time forex trader and brokers reviewer, is one of the most well known broker-review site in Asia. Our reviews are 100% based on personal experiences and absolutely unbiased.

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