I would like to know about forex brokers that offer low balance accounts. Do you have any recommendations? What about forex research? What are all the important events or meetings that affect the forex market? Yes agree with these brokers. Many offer different minimum funding depending on the kind of broker they are and who they are trying to attract.
The link perryfx gave above I think is a good resource to start with. You will get not great conditions probably and you will get frustrated with how little you make so you will trade too big a sizes, and ultimately end up spunking it all. Then let's say you trade away, spend time studying forex and maybe the graphs etc. I'm not sure what you mean by low balance. But personally I think there are many more things you need to consider when you choose a broker - not just because they offer the lowest balance or cheapest deposit.
Since we need to try the live system to know exactly how good the broker is. However, if you see that is a good broker, you can invest bigger to get valuable profit. IMo bonus is a big trap unless the broker is a genuine one with good services. So it is always better to trade own money rather than use bonus. Normally these brokers offer 02 types of bonus.
One is withdrawal bonus and other one is trading bonus. Withdrawal bonus gone once you loss the initial investment. So it is always better to take trading bonus to minimize the capital risk. Thank you for your comments, I did not know that.
It seems a little pointless to me. Agree with you Ciro. People should look beyond that 5 bucks. You have to look at the pros and cons of a broker. Anyway, I don't know what you can make out of that 5 bucks. It's not great as we think. I have been using Fxcm and Etoro for 5 years but I have got friends who used alpari they are good too.
Thanks for your suggestion mate but I have account with Hotforex from last 18 months and I never faced such an issue about withdrawal yet. So far I m happy with them and I m earning good there. What is the cheapest forex broker out there? Oanda you can start with a dollar. They also provide you with news releases.More...