JoBlo

Here is a handy tool that you can use to see if a broker offers a particular currency pair that you are after, or check to see a list of which brokers offer that currency pair..

http://www.forexchurch.com/home.cfm

The tool is under the "Broker Currency Pair Search" heading..

I've used instaforex and didn't have any issues with them

The problem with Instaforex comes when you try and draw your money. Go to ForexPeaceArmy and have a look at the reviews :) they have

been designated a scam broker : http://www.forexpeacearmy.com/public/review/www.instaforex.com

I have not personally had any experience with them however I would advise caution.

I can personally recommend ICMarkets and Pepperstone (I have accounts with them), they are both ASIC (Australia) regulated, tight spreads

and fast execution.

Best thing to do is go to a site like ForexChurch and compare what all the brokers have to offer. There are about

130 different brokers there, so click on "+Advanced Search Options" and select all the features you require and this will make the list shorter for you.

The research each of those brokers, go to ForexPeaceArmy and check if they have a "Scam Alert" or bad reviews before joining any of them !

I can personally recommend ICMarkets and Pepperstone (I have accounts with them), they are both ASIC (Australia) regulated, tight spreads

and fast execution.

Best thing to do is go to a site like ForexChurch.com/compare-forex-brokers.cfm and compare what all the brokers have to offer. There are about

130 different brokers there, so click on "+Advanced Search Options" and select all the features you require and this will make the list shorter for you.

The research each of those brokers, go to ForexPeaceArmy and check if they have a "Scam Alert" or bad reviews before joining any of them !

Is there any particular reason why you are going for those brokers that you have listed ?

Out of those, personally I would go for swissquote (they have also just recently bought and now own MIG Capital).

If you want a great resource for check out and comparing forex brokers, go to :

Compare Forex Brokers

When there, click "+Advanced Search Options" and select all the features that you want

Gaban,....what do you say to the fact that ForexPeaceArmy has found instaforex to be a scam. I have also read this on a number of other

forums ?

Hi, I want to start trading but dont know which broker website to choose. Could you help me? I want a site that allows me to trade even by smartphone. For example I have seen sites like 4xp.com ensure such a solution and talking with Mrs. Sara ferrari also told me that it is very easy to use. What do you suggest?

Most brokers will offer you the ability to trade using smart phones. You can go to www . forexchurch . com/compare-forex-brokers.cfm (get rid of the spaces in the link - only way I could post it ! :) .

When you are on the site, click on "+ Advanced Search Options" , then click on the "Trading Platforms" drop down menu and select the platform that you want ...eg MT4 Android - there are many.

If you are looking for a new broker, I would recommend the ASIC (Australia) regulated brokers - ICMarkets is a very good one in my experience.

@soundfx , nice post - thanks.

I would also add that Money Management is also key, as is managing your expectations - trading with the expectation of doubling your money every month is unrealistic (it may work for a while, but is not sustainable and you will eventually crash and burn). Also, make sure you have a trustworthy broker.

I have not personally had problems with withdrawing from them, however I have read a few posts from traders that have had

some issues. In each case that I read, they did eventually get the money, but it wasn't an easy process..