Have you chosen a broker yet? I could offer my recommendation, but I see that this post is a few months old, so I’m guessing you’ve already opened a live account. Any update on which broker you went with?
I'm a beginner trader looking for suggestions on brokers that are suitable for currency trading with a minimum opening balance of $100 AUD and good customer service so that they can help me during the initial stages.
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Do you have any specific needs? If you are looking for a reliable low cost broker, then finprotrading can be an option.
The market has waves that are generated deliberately to stop the retail section. The aim of trading is to co-living with unexpected market moves. Not everyone would share this information in public, but I hate to see hard-worked money go waste in the market.
You don’t have a chance to surf the market waves with 100 AUD on a Standard or ECN account. Start with a micro account where the minimum size is 0.001 or 100 of the base unit.
Check out some brokers in this list List of best regulated brokers
few of them are letting you open an account with 5 dollars, tho you can try depositing more than that.
I recommend trading with either CMC Markets or FP Markets. These are the two brokers that I prefer from my experience because they are regulated and are reliable to trade with even higher leverage.
I’m a beginner in forex and am looking for a good broker to trade with a minimum opening balance of $100 and regulations from either ASIC or FCA. Any recommendations?
Check out this thread, you will get some good options here.
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