I am currnetly going through the babypips course and trailing strategies through MT4 demo account and I have tried Plus 500 as well as Oanda demo’s to get a feel for different platforms. So far going well.
When it comes to the real thing though I seems to be really difficult to find the best broker with a large amount of mixed reviews.
I am looking for FCA regulated, tight spreads and easy withdrawl as I am leaning towards a day trading strategy and looking to open with £2000.
In addition, as I am in the UK, Spread betting is an option here, what are your thoughts on a spread betting account rather than the other types. The main reason is being exempt from tax, is spread betting the obvious choice? It seems it doesn’t have the same “repuation” as other forex accounts
I have done a bit of research and I have identified a few potential brokers:
But all seem to have mixed reviews.
But what are your thoughts on a UK broker, who/what to look for, your experiances as a UK trader, most cost effective for day trading.
Thanks in advance for your replies.