Top Forex Brokers for Beginners

As more and more traders become interested in the forex market, they will need to begin by choosing a broker. This is one of the most important decisions any trader can make and there are brokers that are out there that will cater to the beginner and offer the tools, learning resources and platforms that make trading easy and enjoyable. With the following brokers, new traders will enjoy secure connections, reliable software and great success as they start to invest in the forex market.

optionsXpress is a broker that is owned by Charles Schwab and this broker offers a practice account to get traders started. There is no minimum deposit amount, so those with small budgets can get right into the trading action. This broker has been around since 2001 and offers multiple webinars for training purposes. There is also the option of attending live workshops.

OANDA Corporation is another great broker for beginners and this one also offers an unlimited practice account. This broker has also been offering services since 2001 and has demo accounts that never expire. There is a section of live and archived webinars for educational purposes and scheduled events that can offer tools, resources and strategies that are useful for the beginner. is another great broker that should be considered by any new trader. Here, traders will enjoy a practice account with $50,000 and there is a minimum deposit of $250 required to open a trading account. Since 1999, this broker has been catering to new and experienced traders and offers webinars, training sessions, Q&A sessions and much more. There are also training courses that can be purchased for small amounts and these can be very beneficial.

TradeKing Forex is a well known and respected broker that offers a $50,000 demo account and requires a $500 minimum deposit amount. TradeKing has been available since 2005 and offers a great FAQ section where new traders can gather much information. The site has sections that explain the basics of trading as well as an area for premium educational services, which are available for a small fee.

These brokers are some of the best choices for anyone that is just starting out and wants to find a safe, secure and reliable broker. With any of these, traders can start off with a demo account to learn the ropes and then take advantage of the many educational tools that are offered.

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There's a lot that to know when it comes to Forex trading which is why will continue adding articles and new information to this website on a regular basis. Please visit us and come back to our website from time to time for the latest Forex technicals, charts and other information.

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