Forex Newbie

[mutafe]

Hi all, I am new to forex trading and I was wondering if anyone can recommend some reputable forex brokers, so many of them out there, don't know where to begin from.

Thanks

[casey]

If you are just starting out, try Oanda. They do not have fixed lot sizes so this allows you to work on your money managment discipline.

[FXSeo]

I 2nd casey. I started out with Oanda and still love them (though I'm using a much bigger broker now).

Their biggest pluses are that it's easy for beginners to use and as casey has mentioned, non fixed lot sizes. Have fun!

[nicesurf]

For beginners you can choose forex mini account whre you can trade 1 cent per pip.

[FXSeo]

mutafe, you need to work out your own money management (like how much you would risk per trade, how many pips as a stop would you require, your capital base, etc) before you can arrive at your optimal $/pip value.

Cheers!

[FXwannabee]

I used FX Rebates. Cash Forex Trading Rebates for all Forex Trader they helped me choose a broker that suited my newbie needs and also gave me a rebate! I reccomend it to anyone opening thier first account for sure!

[Btrader]

Originally Posted by FXSeo

I 2nd casey. I started out with Oanda and still love them (though I'm using a much bigger broker now).

Their biggest pluses are that it's easy for beginners to use and as casey has mentioned, non fixed lot sizes. Have fun!

I always heard and even read to most forums, they recommend Oanda most especially to beginners..