MetaTrader 4 broker

Hi,
I just have to say this forum is an excellent mine of forex and general trading knowledge. I have spend almost a week reading various threads, (Jackos is excellent), and learned so much. Im looking to start trading using a small amount just to get used to the live trading.

I have been using Metatrader with a odl demo account, but woulod like to open a live account. I looked at a few including Alpari and FXDD. I am based in the UK (Scotland) if that makes any difference.

Any advice would be appreciated.

Mark

Mark,

Choice of a broker depends very much on your trading style, so any advise you receive should be taken with a grain of salt. If you are new to forex, you'll do yourself a big favor if you open a micro account. Decent micro MT4 brokers include Alpari UK, MWHeadway, and actrivtrades (last two are also UK based). I have live experience only with Alpari though, the other ones receive good reviews. My experience with FXDD in the past was awful.

ilanr,

Thanks, I will be opening a micro account and trading with very low (< 1)% of trading account while I gain experience and test the broker. I recently tried Alapri with metatrader, however the thing that annoyed me was they have an extra digit on prices like a 10th of a pip.

Thanks for your advice I think ActivTraders looks suitable.

Mark