Hey Guys,
I am a complete Forex noob. I have been reading for several weeks now and I want to open a demo account somewhere.
My problem is choosing a broker.
Every single one I read about has a thousand horror stories about the slippage or the spread or they won't let you take your money out, or this or that or bla bla bla.
Everytime I think I have finally found a good one I immediately find a hundred bad reviews of it.
What is a newbie supposed to do? It really makes me think the entire Retail Forex market is a big scam. (Maybe there is a reason why most people have never heard of retail forex or making money from it)
Can anyone recommend me a broker that
-uses MT4
-trades micro lots (no way I am putting serious money into this yet)
-will actually let me take my money out if I earn it?
and please don't turn this thread into another
"-person A recommends a broker
-persons B though Z spend the next 40 posts flaming person A for recommending said broker."
That is why I am posting this thread because that is what every other thread about choosing a broker has turned into that I have seen. So please don't tell me "search through the forum" before I ask. Because I did.
Thanks for any advice,
Rebtl
I am a complete Forex noob. I have been reading for several weeks now and I want to open a demo account somewhere.
My problem is choosing a broker.
Every single one I read about has a thousand horror stories about the slippage or the spread or they won't let you take your money out, or this or that or bla bla bla.
Everytime I think I have finally found a good one I immediately find a hundred bad reviews of it.
What is a newbie supposed to do? It really makes me think the entire Retail Forex market is a big scam. (Maybe there is a reason why most people have never heard of retail forex or making money from it)
Can anyone recommend me a broker that
-uses MT4
-trades micro lots (no way I am putting serious money into this yet)
-will actually let me take my money out if I earn it?
and please don't turn this thread into another
"-person A recommends a broker
-persons B though Z spend the next 40 posts flaming person A for recommending said broker."
That is why I am posting this thread because that is what every other thread about choosing a broker has turned into that I have seen. So please don't tell me "search through the forum" before I ask. Because I did.
Thanks for any advice,
Rebtl