Just saying Hi

Just joined the forum after quite a while lurking, there seems to be some good intelligent discussions going on here.

I have been trading for the last 20 years mainly stocks, i have just recently started on fx and am doing ok but would like to learn and improve my trading.

I am Uk based.

One question i have for now is what is the best type of account to open?

With a broker or with spread bet ( i have only been using a spread bet account to date), also whic ones can people recommend?

Regards

G

Hi there, well compared to you I'm a just a little tiny baby jejejeje but I've been on the FX world for quite a bit now. Talking about the type of account I think you should start with a demo account, which is an account that brokers offer with fake money, that way you can practice and gain some experience before entering the real market. And about the brokers...well that is something really hard to answer, everyone might tell you to use different brokers, I recommend Tradeview because I've been working with them and they are very good, their spread is awesome, also they offer the MAM (Multi account manager) and basically they offer a great service, but if you want to get more accurate information about brokers take a look at the Brokers section this forum has, which is awesome. Oh! One last thing, I recommend you to visit Babypips If you're having troubles with anything about Forex, they have a great learning section. I hope my little knowledge helped you in some way, take care now.

Based purely on what I read from UK traders they prefer the spread bet accts due to some guy named Gordon Brown always wanting to transfer the sterling from your pocket to his.