To get your Forex trading started, you first need to sign up with a Forex broker - and only with this FX trading account, you can start making trades.
Now the problem with Forex broker is not about picking up a Forex broker - there're plenty of brokers around, on and off the Internet. What matters is that as a serious FX trader, you need a reliable Forex brokerage account - where you're comfortable to put your money in, and can maximize your ROI with their competative service.
To select the right broker, you might want to check out Forex brokers comparison guides like this; or, you can start with some of the brokers we recommend below.
Recommended Forex Broker: Easy-Forex
Easy-Forex is a trading platform founded by a group of bankers, Forex and Internet experts.
While Easy-Forex's revolutionary online trading platform works much more than a Forex broker, we think it's fine to introduce them as the right sport to start off your Forex trade.
Why pick Easy-Forex?
Several issues support our pick on Easy-Forex. Among the major ones are their outstanding reputation in the business and competative service.
Easy-Forex is one of the top online FX brokers that offer low trade spreads; while in the same time, offering quality client supports. In fact, there's a team of experts available for customer supports 24/7.
You'll have your own Account Service Manager working closely with you; you'll have dealing room services by expert Forex dealers; you may speak with Easy-Forex's PR over the phone, over e-mail, or over the advanced online chat system. If necesary, you can even meet up with one of their representatives.
What you'll get?
In a nutshell, here're what you can get with an Easy-Forex account:
A web based trading platform for Forex trading.
No software download or installation needed.
No need to open a bank account or deposit money in advance.
Trade foreign currency with as little as US$100.
Full range of Forex charting and trading tools.
Get a free Forex trading account with Easy-Forex now, click here!
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Other Recommendation: Forex Yard
What's good about ForexYard?
As one of the premier brokers in the online currency trading market, ForexYard has assembled a team of dedicated and knowledgeable pros to manage its dealing desk. More over, you can now start a demo account with ForexYard (FREE!), so why not test your skills with some paper money first!
Forex Yard offers three types of standard FX trading account:
SuperMini Account
Start trading Live with only $100 - Small deposits, 1:200 leverage, credit card accepted.
Standard Account
Ideal for Experienced and Institutional Traders - Tight spreads, no slippage with no hidden cost.
Free Demo Account
Practice your trading skills! Get free full functionaility demo account with real time quotes.
Recommended Forex trading account
For beginners, we recommend ForexYard's SuperMini trading account.
The SuperMini account was designed for those who are new to the FX market. The SuperMini account trades in smaller contract sizes of 1,000 units, 1/10th the size of the standard account.
The smaller trade size gives traders the opportunity to trade live with less overall risk or exposure to the market. In addition, the SuperMini account allows traders to become familiar with ForexYard (as well as FX market), more specifically the quality and reliability of ForexYard dealing practices and the stability of the FX Trading Station.
Why SuperMini Account?
Trade with credit card ForexYard allows you to fund your account with your credit card. This means you can start trading immediately without laying out cash on the table. In order to protect client's credit card security as well as protecting privacy to the highest standards, Forex Yard uses the latest secure web technologies and comply with all relevant regulations.
No software download needed When you choose the ForexYard JAVA based trading platform you have no software to download as it enables users to start trading immediately upon receiving a Username and a Password. And with no software download required you may login to your account and trade anytime, anywhere!
Unlimited trade volume There is NO MAXIMUM trade volume on theForexYardSuperMini account. Although the standard trade size is 1000 units - you are not limited to trading one lot! For instance, you can trade 10,000 units, 50,000 units or 150,000 units. This means as you become more seasoned and build up confidence you can slowly increase the size of your positions to maximize profits. In fact the trade size of 10,000 units allows for more flexibility in terms of customizing the size of your trade enabling better risk management.
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