Best Brokers ???

Hi there. I am pretty new to forex trading. I have opened up a no. of demo accounts and researched quite a lot of brokers. I am looking for something with a low spread on the majors, min. start up capital, low margins, and high leverage. The best I have found is CMS. If you know anything better could you please let me know before I sign up.

Thanks

try doing a search on "brokers", we have thrown around a few opinions here

Thanks, will check it out

See and find a list of brokers around the world and choose the best

Take you time and find your good right borker and you are confort with thier service they offers:
- don't watch thier spread they give you firstly.
- Try and use their demo flatform and compare it to others.
- They will be happy even if you just go and see them and ask your random questions.

good luck

Check out all these things before you decide. You may want to check out our company site as we have selected several top brokers that we are very happy with.


1) Low Spreads

FOREX brokers don't charge a commission, so the spread of the currency
pair is how they are going to make money. The spread, which is
calculated in pips, is the difference between the price at which a
currency can be bought and the price at which it can be sold at any
specific point in time. Examine these spreads as they very from broker
to broker and can save you money.

2) Account Types

Forex brokers will offer you several different account size and type
options. The mini account is the smallest and it requires you to trade
with a minimum of typically $250. The mini account is good for new
investors testing the forex waters and offers a higher leverage. The
standard account will give you the option of trading at a variety of
different leverages, but it also requires a minimum initial capital of
$2,000 to get started.

3) 24 Hour Customer Service

The Forex market is open 24 hours a day, 5.5 days a week. Because of
the decentralized clearing of trades and overlap of major markets in
Asia, London and the United States, the market remains open and liquid
throughout the day and overnight. Because of these hours, it is
important that your forex broker offers 24 hour customer service.

4) Charting and Research Tools

FOREX brokers offer many different trading platforms for their clients
just like brokers in other markets do. Many forex brokers even offer
free one on one mentoring services to new forex traders, so before you
decide on a broker do some of your own research and see what tools the
broker offers.

5) Quality Institution

Forex brokers are usually linked to large banks or lending institutions
because of the large amounts of capital required. Check to see if the
broker is registered with the Futures Commission Merchant (FCM) and
regulated by the Commodity Futures Trading Commission (CFTC).