Getting started in Forex trading can be difficult. The market is rough, there are a lot of people looking to exploit newcomers’ incompetence for their own gain. You need to know who to turn to before you’ve even started, otherwise you’re bound to fail. Luckily, not everyone is out to harm you on the stock market – there are a lot of people genuinely interested in helping you progress and become a valuable trader. In this article, we’ve compiled a short list of some reputed brokers which can help you get started easily and safely, without risking putting your investment in the hands of a potential thief.
MGForex is an US-based company with a long running history of great customer service and reliability. They are known for bringing newcomers up to high levels of expertise in short amounts of time. However, you’ll need a strong dedication if you want to succeed with them, as MGForex can be quite demanding to the learners at times. Still, if you want to make the most out of your stock trading, this should be one of your first choices. You’ll need $500 to open an account.
Easy Forex has been around for ten years, and it has the reputation of a highly reliable and trustworthy company. They’re based in Cyprus, but have branches all around the world, as well as licenses in Australia and the EU. Easy Forex can be very pleasant to work with, their brokers are always eager to give you tips, and they can generally help you make great profits with your money. The minimum sum for opening an account is also relatively low compared to other companies on the market - $200, so this is definitely a great choice for beginners who wish to experience the world of stock trading without too much risk.
This is one of the youngest companies on the market, but it already has a strong following of loyal customers and great reputation for its service. Finexo is especially attractive to newcomers with its low requirements for opening an account – you can start out with just $100! This by itself makes the company unique compared to most other companies on the market, and if you want to learn about stock trading without putting too much of your money at risk, Finexo should be your starting point.