Hello i am new to babypips and forex also
i have read all classes in babypips. After reading I have some questions
How to choose a broker? ( if my investment is low $50 and I am form India). In the page of (Forex Brokers Guide - BabyPips.com ) “Meet the Forex Brokers” In this page what is
Maximum leverage, Spread type, lot size?
And in the broker type “Non-Dealing Desk” and “Dealing Desk” what is it.
Please make me understand what is the mean of these words.
just keep reading and learning in isnt a race - and with forex there is no substitute for time spent in the battle. get a demo account at fxcm, fxsol - download a metatrader platform- and learn the ins and outs. the answers are there you have to see and learn through your own eyes.dont rush to put you 50dollars in. First make sure you can double your balance in demo account - several times - and make the demo money realistic -ie, dont opt for the 50,000 or 10,000 dollar starting balance - but rather the smallest one available, then it would be good again, to make it smaller so it is close to your real start as possible
Hi, rajeevvishva. My personal advise is not opening an account with such a small amount as 50$. It’s most likely to lose them in a blink. Probably you have read the recommended min account balance in the babypips, and it’s far away from 50$. Try to open a demo account with account balance 50$ or max with 100$, as this is the amount you are ready to invest. See for yourself what will happen on the demo.
Forex is a very tricky market. Of course many traders lose their money. Only strong people can still be patient after a few loss trades! I personally like to trade. It must be for you not only like a profit-making game, but it must bring you satisfaction! 
And before you start to get it you must learn a lot. And not only with the help of other traders and companies, but also by yourself!
When I started to trade I just came to my broker and asked STUPID questions about everything! Then I came to free seminar. Then I understood that it is interesting for me. And I started to collect knowledge. Thanks to my broker Real Trade Group I’ve never had any problems!