Hello everyone ,
I never traded forex but i have traded binary options and now i want to start to trade FX.
i’m looking for a good broker and i found out that Alpari - FXCM - EXNESS and OANDA are the best brokers.
i want to trade with MT5 because there is 2H , 3H , 8H etc… time frames there (MT4 doesn’t have it , it has only period converter that work very bad and inconveniente), so the only good brokers that i found that provide trading via MT5 is EXNESS and Alpari. FXCM and OANDA offering only MT4.
i heard a lot of mixed opinions about EXNESS so i don’t realy sure about them.
OANDA , ALPARI and FXCM heard a lot of great thing about them all.
FXCM has it’s own platform that has 2H, 3H etc… time frames but they don’t allow to deposit and withdrawal via NETELLER, and because i want broker that i can deposit and trade with NETELLER , i cannot chose them . OANDA also don’t allow NETELLER and has realy big spreads.
i think that alpari is the best broker for me ( if you have recommendations for other brokers you are more than welcome to write them! ).
because i want to trade with MT5 , they have special account for that but i don’t understand it.
here is the compating:
what is the difference between them?
i won’t leverage my trade so the “Floating leverage” section doesn’t bother me.
Why is the “Minimum spread” in the MT5 account is 0 pips and with the classic MT4 account it’s 1.2 pips?
what is “Execution” , why in the classic account it’s “NDD ECN for forex and gold/silver” and in the MT5 account it’s “Exchange”? what is the difference? what is better?
in the “Minimum trade size” the MT4 is 0.1 and in the MT5 it’s 0.01. — 0.01 it’s better to me because my initial deposit will be 1000$ and i have more flexibility in my trades , i can take less risk on my trades. but why there’s a difference between them?
I’M NEW AND I CAN REALY USE SOME HELP IN THE SUBJECT!!! 