Every Forex trader like any other professional needs tools to trade. One of these tools, which is vital to be in market, is a Forex broker and specifically for Internet - on-line Forex broker - a company which will provide real-time market information to trader and bring his orders to Forex market. While choosing a right Forex broker things to look for are the following:
- Being a professional company you can trust
- Provide you with real-time quotes
- Execute your orders fast and accurately
- Don't take a lot of commissions
- Support the withdraw/deposit methods you use
For beginning Forex traders I recommend these three broker companies, which are probably best Forex brokers to start with:
- LiteForex - broker that supports MetaTrader 4 Forex trading platform and doesn't require a lot of money to start with.
- FXcast - good because you can start trading Forex with as little as 1$. They have easy-to-use trading platform (FXcast Swing) along with a Metatrader 4 platform, while you can deposit and withdraw money via e-gold, WebMoney and many other ways.
- FXOpen - one of the most popular MetaTrader 4 brokers, allows Islamic Forex trading accounts, while you can deposit and withdraw money via e-gold.