Every professional FX trader once used to be a rookie. Indeed, no on is born an expert in something. If you want to succeed in something you just have to spend hours every day to dive deepr and deeper in the profession you want to master. FX trading is no exception.
At the same time, it is always a good idea to start small while dreaming big. With that being said, Forex rookies should starl learning the fundamental of trading currecnies properly. At the same time, it is equally important to choose a decent FX broker as you train, trade and improve your skills. Indeed, this is a crucial decision to make since it is the FX company you trade with that sets up the trading conditions you have to comply with. All of that is capable of influence the entire trading environment you trade in as well as your overall performance.
This leads us to belive that no successful trader can do without a reliable FX company providing access to the interbank. At the same time, it becomes obvious it is impossbile to succeed in any kind ob business (including FX trading) when you are dealing with a scam, a fake or a disreputable company plying dirty tricks on you all the time. I hope it is obvious why…
Luckily for all of us out there, not all FX brokers are the same. Even though reputable FX brokers are outnumbered by mediocre and fake ones, evertyhing is not that bad. You still have a variety of options to chose from. Still, it is really important to know what companies to choose from. This holds especially true for beginning FX traders who are just making their feet wet in FX trading. Most of the time, they have little to zero skills and expertise in everything related to Forex. That's why they need help and that is why Masterforex-V EXPO came up with another unbiased FX rating. This time, it is tailored to rookies.
The list of the industry’s best FX brokers aimed at beginning traders is updated in a montly basis. Here is the updated rating:
Best FX Brokers For Rookies. April 2016
TOP3:
- Fort Financial Services.
- OANDA
- Alpari Limited
The rest of the rating:
- Larson&Holz
- FreshForex
- YA-HI.com
- TenkoFX
- ORBEX LTD
- RoboForex
- FXOpen
- GKFX
- Forexite
- FBS Markets Inc.
- InstaForex
- Grand Capital
- 24FX
- EXNESS
- Forex4you
- LiteForex
- ForexStart
- Binoa
- Dealingcity
- Premium Trading
- Rinkost Markets
- FX-Invest
- Pellucid FX
- Forex EuroClub
- iP Forex
- Arena FX
If you want to support a certain broker by voting for it, go to the corresponding page of the website and help us determine the best FX broker for rookies in 2016. Please keep in mind that only one vote per IP is allowed.